Liabilities / Assets
22nd percentile
Higher debt load relative to assets than 22% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.01x
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
Score unavailable
Net margin requires both revenue and expenses on this filing.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
97th percentile
Faster asset growth than 97% of similar nonprofits.
Revenue Growth
Score unavailable
No valid filing value is available for this score.
Balance Sheet
Assets
Up$2,123,682
Up $1,296,352 (+157%) from 2010
Net Assets
Up$2,101,488
Up $1,317,317 (+168%) from 2010
Liabilities
Down$22,194
Down $20,965 (-49%) from 2010
Revenue And Expenses
Revenue
-
No earlier filing loaded for comparison.
Expenses
Up$1,826,768
Up $351,939 (+24%) from 2010
Net Income
-
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2011 to Dec 31, 2011
- Signed
- Aug 13, 2012
- Return Version
- 2011v1.2
- Gross Receipts
- $3,166,813
Mission and Program Overview
Major Activities
- Activity 2
- Cultural stewardship - supports and strengthens the arts and culture industry by providing a pipeline of leadership, strategic investment, marketing and branding, and capacity building. With well over 50 partner organizations and 150 leaders engaged, 1stact silicon valley's key projects include livesv, a technology platform for cultural engagement that replaced artspolis, a region-wide marketing campaign called discover the unexepected, the exploration of a shared arts space and services called creative center for the arts, and two leadership development programs called genarts and mali (multicultural arts leadership initiative). A memo of understanding has been signed with arts council silicon valley to carry on cultural stewardship as 1stact silcion valley completes its catalytic role. Mali has been embedded in the school of arts and culture at mhp.about 220,000 people benefited from this program.
- Activity 3
- Silicon valley creates - is an emerging initiative focused on children's engagement in the arts, exposure to the art and the exhibition of children's creations. Current programs being incubated include artspark, an arts sampler for third through sixth graders, an afterschool digital arts program for teens call the studio, a drumming program called buddaboom for elementary children from low income families and the creation of a school of arts & culture on the eastside of san jose.about 25,000 people benefited from this program.
Filing and Contact Details
Filer
- EIN
- 77-0489520
Raw XML AppendixShowing 400 of 533 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
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| IRS990/AccountsPayableAccruedExpenses/EOY | 0 | 22194 |
| IRS990/ActivitiesConductedPartnership | 0 | 0 |
| IRS990/Activity2/Description | 0 | CULTURAL STEWARDSHIP - SUPPORTS AND STRENGTHENS THE ARTS AND CULTURE INDUSTRY BY PROVIDING A PIPELINE OF LEADERSHIP, STRATEGIC INVESTMENT, MARKETING AND BRANDING, AND CAPACITY BUILDING. WITH WELL OVER 50 PARTNER ORGANIZATIONS AND 150 LEADERS ENGAGED, 1STACT SILICON VALLEY'S KEY PROJECTS INCLUDE LIVESV, A TECHNOLOGY PLATFORM FOR CULTURAL ENGAGEMENT THAT REPLACED ARTSPOLIS, A REGION-WIDE MARKETING CAMPAIGN CALLED DISCOVER THE UNEXEPECTED, THE EXPLORATION OF A SHARED ARTS SPACE AND SERVICES CALLED CREATIVE CENTER FOR THE ARTS, AND TWO LEADERSHIP DEVELOPMENT PROGRAMS CALLED GENARTS AND MALI (MULTICULTURAL ARTS LEADERSHIP INITIATIVE). A MEMO OF UNDERSTANDING HAS BEEN SIGNED WITH ARTS COUNCIL SILICON VALLEY TO CARRY ON CULTURAL STEWARDSHIP AS 1STACT SILCION VALLEY COMPLETES ITS CATALYTIC ROLE. MALI HAS BEEN EMBEDDED IN THE SCHOOL OF ARTS AND CULTURE AT MHP.ABOUT 220,000 PEOPLE BENEFITED FROM THIS PROGRAM. |
| IRS990/Activity2/Expense | 0 | 671991 |
| IRS990/Activity2/Grants | 0 | 6792 |
| IRS990/Activity3/Description | 0 | SILICON VALLEY CREATES - IS AN EMERGING INITIATIVE FOCUSED ON CHILDREN'S ENGAGEMENT IN THE ARTS, EXPOSURE TO THE ART AND THE EXHIBITION OF CHILDREN'S CREATIONS. CURRENT PROGRAMS BEING INCUBATED INCLUDE ARTSPARK, AN ARTS SAMPLER FOR THIRD THROUGH SIXTH GRADERS, AN AFTERSCHOOL DIGITAL ARTS PROGRAM FOR TEENS CALL THE STUDIO, A DRUMMING PROGRAM CALLED BUDDABOOM FOR ELEMENTARY CHILDREN FROM LOW INCOME FAMILIES AND THE CREATION OF A SCHOOL OF ARTS & CULTURE ON THE EASTSIDE OF SAN JOSE.ABOUT 25,000 PEOPLE BENEFITED FROM THIS PROGRAM. |
| IRS990/Activity3/Expense | 0 | 293769 |
| IRS990/Activity3/Grants | 0 | 102501 |
| IRS990/ActivityOrMissionDescription | 0 | INSPIRE LEADERSHIP, PARTICIPATION & INVESTMENT AT THE INTERSECTION OF ARTS, CREATIVITY & TECHNOLOGY. |
| IRS990/AddressPrincipalOfficerUS/AddressLine1 | 0 | 38 W SANTA CLARA STREET |
| IRS990/AddressPrincipalOfficerUS/City | 0 | SAN JOSE |
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| IRS990/Description | 0 | URBAN STEWARDSHIP - BUILDS ON A VISION FOR DOWNTOWN SAN JOSE CREATED BY A TEAM OF CIVIC LEADERS IN 2006. ANCHORED IN AN URBAN DESIGN AND ACTIVATION FRAMEWORK OF "BIG DEALS AND SMALL WONDERS", 1STACT SILICON VALLEY CONVENES LEADERS TO ADDRESS URBAN ISSUES OF IMPORTANCE TO SAN JOSE'S FUTURE, DRIVES PHYSICAL STREETSCAPE IMPROVEMENTS, ACTIVATES PUBLIC SPACES, EDUCATES LEADERS, AND ADVOCATES FOR POSITIVE CHANGE. KEY PROJECTS INCLUDE THE TRANSFORMATION OF THE SOFA DISTRICT, ENHANCING GORE PARK, THE REVIVAL OF LIVE MUSIC, AND INCREASED INVESTMENT IN SMALL WONDERS SUCH AS MURALS, LANDSCAPING, AND LIGHTING THROUGHOUT DOWNTOWN. MEMOS OF UNDERSTANDING HAVE BEEN SIGNED WITH SAN JOSE DOWNTOWN ASSOCIATION, SAN JOSE JAZZ AND SPUR TO CARRY ON URBAN STEWARDSHIP AS 1STACT COMPLETES ITS CATALYTIC ROLE.ABOUT 100,000 PEOPLE BENEFITED FROM THIS PROGRAM. |
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| IRS990/Form990PartVIISectionA/NamePerson | 6 | JAMES MACGREGOR |
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| IRS990/Insurance/ManagementAndGeneral | 0 | 176 |
| IRS990/Insurance/ProgramServices | 0 | 1691 |
| IRS990/Insurance/Total | 0 | 1915 |
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| IRS990/InvestmentIncome/TotalRevenueColumn | 0 | 227 |
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| IRS990/LandBldgEquipmentAccumDeprec | 0 | 44795 |
| IRS990/LandBuildingsEquipmentBasis | 0 | 63905 |
| IRS990/LandBuildingsEquipmentBasisNet/BOY | 0 | 31910 |
| IRS990/LandBuildingsEquipmentBasisNet/EOY | 0 | 19110 |
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| IRS990/MissionDescription | 0 | INSPIRING LEADERSHIP, PARTICIPATION AND INVESTMENT AT THE INTERSECTION OF ARTS, CREATIVITY AND TECHNOLOGY. |
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| IRS990/NameOfPrincipalOfficerPerson | 0 | CONNIE MARTINEZ |
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| IRS990ScheduleA/AmountsSubstContributorsTotal | 0 | 6922057 |
| IRS990ScheduleA/FactsAndCircumstancesTest | 0 | 1STACT SILICON VALLEY DID NOT PASS SECTION 509 (A)(1) PUBLIC SUPPORT TEST FOR THE 2011 TAX YEAR.HOWEVER, THE ORGANIZATION STILL QUALIFIES AS PUBLICLY SUPPORTED ORGANIZATION UNDER A "FACTS AND CIRCUMSTANCES" TEST FOR THE 2011 YEARDUE TO THE FOLLOWING REASONS:1. TOTAL GOVERNMENTAL AND PUBLIC SUPPORT NORMALLY RECEIVED BY THE ORGANIZATION IS AT LEAST 10% OF THE TOTAL SUPPORT(990 SCH A PART II, SECTION C, LINE 14). PLEASE ALSO SEE SCHEDULE B FOR 2011 SUPPORT DETAIL.2. THE ORGANIZATION HAS A CONTINUOUS AND BONA FIDE PROGRAM FOR SOLICITATION OF FUNDS THAT IS REASONABLE IN LIGHT OF ITS CHARITABLE ACTIVITIES FROM GENERAL PUBLIC.3. OTHER FACTS AND CIRCUMSTANCES REGARDING THE ORGANIZATION INDICATE THE ORGANIZATION IS PUBLIC IN NATURE. ITS FACILITIES AND PROGRAMS ARE AVAILABLE TO THE PUBLIC AND ITS ACTIVITIES ARE LIKELY TO APPEAL TO PERSONS WITH BROAD COMMON INTEREST OR PURPOSE.4. THE ORGANIZATION HAS A GOVERNING BOARD WHICH REPRESENTS THE BROAD INTERESTS OF THE PUBLIC.5. THE ORGANIZATION PLANS TO RUN FOR 5-10 YEARS WITH RELATIVELY LOW OVERHEAD AND WILL SUNSET POST CATALYZING ITS VISION. THE SUCCESS IS DRIVEN BY A SMALL CADRE OF VISIONARY FUNDERS AND THE ORGANIZATION LEVERAGES A "NETWORK OF NETWORKS" TO ACHIEVE SUCCESS. |
| IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYear | 0 | 3166586 |
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| IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus3Years | 0 | 1540816 |
| IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus4Years | 0 | 1405000 |
| IRS990ScheduleA/GiftsGrantsContribReceived170/Total | 0 | 8648821 |
| IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYear | 0 | 227 |
| IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus1Year | 0 | 313 |
| IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus2Years | 0 | 1524 |
| IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus3Years | 0 | 16945 |
| IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus4Years | 0 | 15487 |
| IRS990ScheduleA/GrossInvestmentIncome170/Total | 0 | 34496 |
| IRS990ScheduleA/OtherIncome170/CurrentTaxYearMinus1Year | 0 | 4845 |
| IRS990ScheduleA/OtherIncome170/Total | 0 | 4845 |
| IRS990ScheduleA/PubliclySupportedOrg170b1Avi | 0 | X |
| IRS990ScheduleA/PublicSupportPertcentage170 | 0 | 0.19870 |
| IRS990ScheduleA/PublicSupportPertcentPriorYear | 0 | 0.16350 |
| IRS990ScheduleA/PublicSupportTotal170 | 0 | 1726764 |
| IRS990ScheduleA/TenPercentTestCurrentYear | 0 | X |
| IRS990ScheduleA/Total170/CurrentTaxYear | 0 | 3166586 |
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| IRS990ScheduleA/Total170/CurrentTaxYearMinus2Years | 0 | 1606500 |
| IRS990ScheduleA/Total170/CurrentTaxYearMinus3Years | 0 | 1540816 |
| IRS990ScheduleA/Total170/CurrentTaxYearMinus4Years | 0 | 1405000 |
| IRS990ScheduleA/Total170/Total | 0 | 8648821 |
| IRS990ScheduleA/TotalSupport | 0 | 8688162 |
| IRS990ScheduleB/ContributorInfo/AggregateContributions | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorAddressUS/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorAddressUS/State | 0 | RESTRICTED |
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| IRS990ScheduleB/ContributorInfo/ContributorNameBusiness/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorNumber | 0 | RESTRICTED |
| IRS990/ScheduleBRequired | 0 | 1 |
| IRS990ScheduleD/CollectUsedForPublicExhibition | 0 | X |
| IRS990ScheduleD/DonatedServicesUseOfFacilities | 0 | 12500 |
| IRS990ScheduleD/DonatedSrvcAndUseOfFacilities | 0 | 12500 |
| IRS990ScheduleD/ExcessOrDeficitForYear | 0 | 1340045 |
| IRS990ScheduleD/ExcessOrDeficitPerFS | 0 | 1317317 |
| IRS990ScheduleD/ExpensesNotRptdF990 | 0 | 12500 |
| IRS990ScheduleD/ExpensesNotRptdOnFinStmt | 0 | 100000 |
| IRS990ScheduleD/ExpensesSubtotal | 0 | 1726768 |
| IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation | 0 | COLLECTION ITEMS ACQUIRED EITHER THROUGH PURCHASE OR DONATION ARE NOT CAPITALIZED. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN UNRESTRICTED NET ASSETS IF PURCHASED WITH UNRESTRICTED ASSETS AND AS DECREASES IN TEMPORARILY RESTRICTED OR PERMANENTLY RESTRICTED NET ASSETS IF PURCHASED WITH DONOR-RESTRICTED ASSETS. CONTRIBUTIONS OF COLLECTION ITEMS ARE NOT RECOGNIZED IN THE STATEMENT OF ACTIVITIES. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED IN THE STATEMENT OF ACTIVITIES BASED ON THE ABSENCE OR EXISTENCE AND NATURE OF DONOR-IMPOSED RESTRICTIONS. |
| IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation | 1 | 1STACT SILICON VALLEY IS AN ARTS SUPPORT ORGANIZATION WITH A MISSION TO INSPIRE LEADERSHIP, PARTICIPATION AND INVESTMENT AT THE INTERSECTION OF ART, CREATIVITY AND TECHNOLOGY. THE SMALL COLLECTION OF ARTWORK THAT THE ORGANIZATION MAINTAINS SIGNALS ITS OWN INVESTMENT AND PARTICIPATION IN THE LOCAL ARTS COMMUNITY. |
| IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation | 2 | GENERALLY ACCEPTED ACCOUNTING PRINCIPLES PROVIDE ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ORGANIZATION IN ITS TAX RETURNS THAT MIGHT BE UNCERTAIN. MANAGEMENT HAS CONSIDERED ITS TAX POSITIONS AND BELIEVES THAT ALL OF THE POSITIONS TAKEN BY THE ORGANIZATION IN IT FEDERAL AND STATE EXEMPT ORGANIZATION TAX RETURNS ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION. THE ORGANIZATION FILES INFORMATION RETURNS IN THE U.S. FEDERAL JURISDICTION AND STATE OF CALIFORNIA. THE ORGANIZATION'S FEDERAL RETURNS FOR THE YEARS 2008 AND BEYOND REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. THE ORGANIZATION'S CALIFORNIA RETURNS FOR THE TAX YEARS 2007 AND BEYOND REMAIN SUBJECT TO EXAMINATION BY THE FRANCHISE TAX BOARD. |
| IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation | 3 | GOVERNMENT GRANT PASSED THROUGH ORGANIZATION 100,000. |
| IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation | 4 | GOVERNMENT GRANT PASSED THROUGH ORGANIZATION 100,000. |
| IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier | 0 | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: |
| IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier | 1 | PART XII, LINE 4B - OTHER ADJUSTMENTS: |
| IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier | 2 | PART XIII, LINE 4B - OTHER ADJUSTMENTS: |
| IRS990ScheduleD/Form990ScheduleDPartXIV/ReturnReference | 0 | PART III, LINE 1A: |
| IRS990ScheduleD/Form990ScheduleDPartXIV/ReturnReference | 1 | PART III, LINE 4: |
| IRS990ScheduleD/Form990ScheduleDPartXIV/ReturnReference | 2 | PART X: |
| IRS990ScheduleD/OtherAssets/BookValue | 0 | 5490 |
| IRS990ScheduleD/OtherAssets/BookValue | 1 | 443448 |
| IRS990ScheduleD/OtherAssets/Description | 0 | DEPOSITS |
| IRS990ScheduleD/OtherAssets/Description | 1 | SOFTWARE TO BE DISTRIBUTED |
| IRS990ScheduleD/OtherExpensesNotIncluded | 0 | 100000 |
| IRS990ScheduleD/OtherLandBuildings/BookValue | 0 | 19110 |
| IRS990ScheduleD/OtherLandBuildings/Depreciation | 0 | 44795 |
| IRS990ScheduleD/OtherLandBuildings/OtherCostOrOtherBasis | 0 | 63905 |
| IRS990ScheduleD/OtherRevenuesNotIncluded | 0 | 100000 |
| IRS990ScheduleD/PriorPeriodAdjustments | 0 | -22728 |
| IRS990ScheduleD/RevenueNotRptdF990 | 0 | 12500 |
| IRS990ScheduleD/RevenueNotRptdOnFinStmt | 0 | 100000 |
| IRS990ScheduleD/RevenueSubtotal | 0 | 3066813 |
| IRS990ScheduleD/SolicitedAssetsForSale | 0 | 0 |
| IRS990ScheduleD/TotalAdjustments | 0 | -22728 |
| IRS990ScheduleD/TotalBookValueOtherAssets | 0 | 448938 |
| IRS990ScheduleD/TotalExpenses | 0 | 1826768 |
| IRS990ScheduleD/TotalExpensesPerForm990 | 0 | 1826768 |
| IRS990ScheduleD/TotalOfBookValueLandBuildings | 0 | 19110 |
| IRS990ScheduleD/TotalRevenue | 0 | 3166813 |
| IRS990ScheduleD/TotalRevenuePerForm990 | 0 | 3166813 |
| IRS990ScheduleD/TotExpensesEtcAuditedFinclStmt | 0 | 1739268 |
| IRS990ScheduleD/TotRevenueEtcAuditedFinclStmt | 0 | 3079313 |
| IRS990ScheduleI/Form990ScheduleIPartIV/Explanation | 0 | SCHEDULE I, PART I, LINE 2: THE ORGANIZATION RECEIVES AND REVIEWS MONTHLY REPORTS FROM A THIRD PARTY ACCOUNTING FIRM THAT SHOWS THE USE OF THE GRANT FUNDS. |
| IRS990ScheduleI/Form990ScheduleIPartIV/Identifier | 0 | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: |
| IRS990ScheduleI/Form990ScheduleIPartIV/ReturnReference | 0 | PART I, LINE 2: |
| IRS990ScheduleI/RecipientTable/AddressUS/AddressLine1 | 0 | 467 SOUTH FIRST STREET |
| IRS990ScheduleI/RecipientTable/AddressUS/City | 0 | SAN JOSE |
| IRS990ScheduleI/RecipientTable/AddressUS/State | 0 | CA |
| IRS990ScheduleI/RecipientTable/AddressUS/ZIPCode | 0 | 95113 |
| IRS990ScheduleI/RecipientTable/AmountOfCashGrant | 0 | 100000 |
| IRS990ScheduleI/RecipientTable/EINOfRecipient | 0 | 320083030 |
| IRS990ScheduleI/RecipientTable/IRCSection | 0 | 501(C)(3) |
| IRS990ScheduleI/RecipientTable/PurposeOfGrant | 0 | THE ORGANIZATION PASSED THROUGH, FROM SANTA CLARA COUNTY, OFFICE OF EDUCATION, A GRANT TO SUPPORT THE ARTSPARK PROGRAM MAINTAINED BY SYMPHONY SILICON VALLEY. |
| IRS990ScheduleI/RecipientTable/RecipientNameBusiness/BusinessNameLine1 | 0 | SYMPHONY SILICON VALLEY |
| IRS990ScheduleI/RecordsMaintained | 0 | 1 |
| IRS990ScheduleI/TotalNbrOf501C3AndGovtGrants | 0 | 1 |
| IRS990ScheduleJ/AnyNonFixedPayments | 0 | 0 |
| IRS990ScheduleJ/BoardOrCommitteeApproval | 0 | X |
| IRS990ScheduleJ/CompBasedNetEarningsFilingOrg | 0 | 0 |
| IRS990ScheduleJ/CompBasedNetEarningsRelateOrgs | 0 | 0 |
| IRS990ScheduleJ/CompBasedOnRevenueOfFilingOrg | 0 | 0 |
| IRS990ScheduleJ/CompBasedOnRevenueRelatedOrgs | 0 | 0 |
| IRS990ScheduleJ/CompensationCommittee | 0 | X |
| IRS990ScheduleJ/CompensationSurvey | 0 | X |
| IRS990ScheduleJ/EquityBasedCompArrangement | 0 | 0 |
| IRS990ScheduleJ/Form990ScheduleJPartII/BaseCompensationFilingOrg | 0 | 200000 |
| IRS990ScheduleJ/Form990ScheduleJPartII/BonusFilingOrg | 0 | 24213 |
| IRS990ScheduleJ/Form990ScheduleJPartII/BonusRelatedOrgs | 0 | 0 |
| IRS990ScheduleJ/Form990ScheduleJPartII/CompBasedOnRelatedOrgs | 0 | 0 |
| IRS990ScheduleJ/Form990ScheduleJPartII/CompReportPrior990FilingOrg | 0 | 0 |
| IRS990ScheduleJ/Form990ScheduleJPartII/CompReportPrior990RelatedOrgs | 0 | 0 |
| IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompFilingOrg | 0 | 11159 |
| IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompRelatedOrgs | 0 | 0 |
| IRS990ScheduleJ/Form990ScheduleJPartII/NamePerson | 0 | CONNIE MARTINEZ |
| IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsFilingOrg | 0 | 12062 |
| IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsRelatedOrgs | 0 | 0 |
| IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationFilingOrg | 0 | 0 |
| IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationRelatedOrgs | 0 | 0 |
| IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationFilingOrg | 0 | 247434 |
| IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationRelatedOrgs | 0 | 0 |
| IRS990ScheduleJ/IndependentConsultant | 0 | X |
| IRS990ScheduleJ/InitialContractException | 0 | 0 |
| IRS990/ScheduleJRequired | 0 | 1 |
| IRS990ScheduleJ/SeverancePayment | 0 | 0 |
| IRS990ScheduleJ/SupplementalNonqualRetirePlan | 0 | 0 |
| IRS990ScheduleO/GeneralExplanation/Explanation | 0 | THE ORGANIZATION REORGANIZED ITS PROGRAM SERVICES TO NOW INCLUDE, URBAN STEWARDSHIP, CULTURAL STEWARDSHIP (FORMERLY CULTURAL PARTICIPATION) AND SILICON VALLEY CREATES. SEE FORM 990 PART III, LINES 4A-4C FOR DESCRIPTIONS OF THE NEW PROGRAMS. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 1 | THE EMERGING INITIATIVES PROGRAM REPORTED ON THE 2010 FORM 990 WAS 1STACT'S CATEGORY FOR SEED FUNDING NEW INITIATIVES. IN 2011 THE INITIATIVE CATEGORIES BECAME URBAN STEWARDSHIP, CULTURAL STEWARDSHIP AND CHILDREN'S CREATIVITY NETWORK. THESE THREE NEW PROGRAMS BECAME THE PRIMARY FOCUS FOR THE ORGANIZATION |
| IRS990ScheduleO/GeneralExplanation/Explanation | 2 | THE MANAGING DIRECTOR AND BOARD TREASURER REVIEW THE 990 BEFORE IT IS FILED. THE BOARD RECEIVES A COPY OF THE 990 AT THE BOARD MEETING. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 3 | BEFORE ASSUMING OFFICE, ALL POTENTIAL OFFICERS AND DIRECTORS OF THE CORPORATION SHALL AGREE TO THE POLICY IN WRITING. THE ORGANIZATION'S CONFLICT OF INTEREST POLICY ALSO IMPOSES A CONTINUING DUTY ON THE CORPORATION'S DIRECTORS AND OFFICERS TO DISCLOSE THE NATURE OF THE CONFLICT (OR POTENTIAL CONFLICT) TO THE BOARD CHAIR IN WRITING UPON KNOWLEDGE OF THE CONFLICT. IF THE DIRECTOR OR OFFICER IS UNCERTAIN WHETHER A CONFLICT EXISTS, THAT PERSON MAY REQUEST THAT THE BOARD DETERMINE WHETHER A CONFLICT EXISTS BY A MAJORITY VOTE (NOT INCLUDING THE VOTE OF THE CONFLICTED DIRECTOR). ISSUES OF POTENTIAL CONFLICT MAY BE REFERRED TO OUTSIDE LEGAL COUNSEL FOR ADVICE. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 4 | BOARD CHAIR RETAINED THE PRO-BONO SERVICES OF A SILICON VALLEY HR PROFESSIONAL WHO PERFORMED A COMPENSATION STUDY OF OTHER CEO'S IN SIMILAR ORGANIZATIONS. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 5 | DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 6 | PRIOR PERIOD ADJUSTMENTS: -22,728. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 7 | THE ORGANIZATION IS IN THE PROCESS OF FORMING A SEPARATE AUDIT COMMITTEE. FOR THE 2011 YEAR, THE BOARD OF DIRECTORS ITSELF, REVIEWED THE AUDIT REPORT WITH THE AUDITORS. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 8 | THE ORGANIZATION HAD THEIR FIRST YEAR AUDIT IN FYE 2011 AND THE AUDITOR AUDITED THE BEGINNING BALANCE OF NET ASSETS. THE AUDITOR FOUND THE BEGINNING BALANCES REFLECTED ERRORS IN OVERSTATED RECEIVABLES. AT THE AUDITOR'S DISCRETION, THE AUDITOR ADJUSTED THE NET ASSETS IN CURRENT YEAR INSTEAD OF PRIOR YEAR UN-AUDITED BALANCE. |
| IRS990ScheduleO/GeneralExplanation/Identifier | 0 | NEW PROGRAM SERVICES |
| IRS990ScheduleO/GeneralExplanation/Identifier | 1 | CHANGES IN PROGRAM SERVICES |
| IRS990ScheduleO/GeneralExplanation/Identifier | 2 | CHANGES IN NET ASSETS OR FUND BALANCES: |
| IRS990ScheduleO/GeneralExplanation/Identifier | 3 | OTHER CHANGES IN NET ASSETS: |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 0 | FORM 990, PART III, LINE 2 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 1 | FORM 990, PART III, LINE 3 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 2 | FORM 990, PART VI, SECTION B, LINE 11 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 3 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 4 | FORM 990, PART VI, SECTION B, LINE 15 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 5 | FORM 990, PART VI, SECTION C, LINE 19 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2011 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
- Assets
- $2,123,682
- Liabilities
- $22,194
- Net assets
- $2,101,488
- Revenue
- -
- Expenses
- $1,826,768
- Net income
- -