Civic Intelligence

Silicon Valley Academy Project

990 • Fiscal year 2022 • EIN 86-1113567

Jul 01, 2021 to Jun 30, 2022 • Filed on Oct 17, 2022

195 Leota AvenueSunnyvale, CA 95086

(408) 243-9333

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

57th percentile

0.10x

Higher debt load relative to assets than 57% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

53rd percentile

0.10x

Higher debt load relative to revenue than 53% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

67th percentile

18%

Higher net margin than 67% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

75th percentile

18%

Faster asset growth than 75% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

69th percentile

23%

Faster revenue growth than 69% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$1,432,983

Up $214,714 (+18%) from 2021

Net Assets

Up

$1,282,756

Up $275,085 (+27%) from 2021

Liabilities

Down

$150,227

Down $60,371 (-29%) from 2021

Revenue

Up

$1,560,694

Up $290,976 (+23%) from 2021

Expenses

Up

$1,285,609

Up $45,416 (+3.7%) from 2021

Net Income

Up

$275,085

Up $245,560 (+832%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.5M$1.0M$500K$0Assets 2011: $163,785Liabilities 2011: $0Net Assets 2011: $163,7852011Assets 2012: $327,561Liabilities 2012: $34,799Net Assets 2012: $292,7622012Assets 2013: $410,885Liabilities 2013: $103,595Net Assets 2013: $307,2902013Assets 2014: $564,522Liabilities 2014: $115,502Net Assets 2014: $449,0202014Assets 2015: $653,140Liabilities 2015: $99,250Net Assets 2015: $553,8902015Assets 2016: $578,071Liabilities 2016: $89,369Net Assets 2016: $488,7022016Assets 2017: $684,316Liabilities 2017: $81,134Net Assets 2017: $603,1822017Assets 2018: $853,282Liabilities 2018: $122,729Net Assets 2018: $730,5532018Assets 2019: $917,617Liabilities 2019: $71,324Net Assets 2019: $846,2932019Assets 2020: $1,078,403Liabilities 2020: $100,257Net Assets 2020: $978,1462020Assets 2021: $1,218,269Liabilities 2021: $210,598Net Assets 2021: $1,007,6712021Assets 2022: $1,432,983Liabilities 2022: $150,227Net Assets 2022: $1,282,7562022Assets 2023: $1,477,079Liabilities 2023: $177,113Net Assets 2023: $1,299,9662023Assets 2024: $1,573,621Liabilities 2024: $251,590Net Assets 2024: $1,322,0312024Assets 2025: $1,495,929Liabilities 2025: $203,117Net Assets 2025: $1,292,8122025

Highlighted filing

2022

Assets$1,432,983
Liabilities$150,227
Net Assets$1,282,756

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $792,4072011Revenue 2012: $1,003,345Expenses 2012: $874,368Net Income 2012: $128,9772012Expenses 2013: $899,1632013Revenue 2014: $1,110,500Expenses 2014: $968,770Net Income 2014: $141,7302014Revenue 2015: $1,132,136Expenses 2015: $1,027,266Net Income 2015: $104,8702015Revenue 2016: $1,092,788Expenses 2016: $1,157,976Net Income 2016: -$65,1882016Revenue 2017: $1,226,735Expenses 2017: $1,171,325Net Income 2017: $55,4102017Revenue 2018: $1,333,625Expenses 2018: $1,206,254Net Income 2018: $127,3712018Revenue 2019: $1,439,355Expenses 2019: $1,323,615Net Income 2019: $115,7402019Revenue 2020: $1,362,772Expenses 2020: $1,230,919Net Income 2020: $131,8532020Revenue 2021: $1,269,718Expenses 2021: $1,240,193Net Income 2021: $29,5252021Revenue 2022: $1,560,694Expenses 2022: $1,285,609Net Income 2022: $275,0852022Revenue 2023: $1,637,102Expenses 2023: $1,619,892Net Income 2023: $17,2102023Revenue 2024: $2,473,700Expenses 2024: $2,451,635Net Income 2024: $22,0652024Revenue 2025: $2,667,019Expenses 2025: $2,696,238Net Income 2025: -$29,2192025

Highlighted filing

2022

Revenue$1,560,694
Expenses$1,285,609
Net Income$275,085
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Oct 17, 2022
Return Version
2021v4.0
Gross Receipts
$1,560,694
Mission and Program Overview

Mission

The organization's primary mission is to provide quality primary and secondary educational programs that respect, foster and value each student's cognitive domain, cultural diversity, social, physical and emotional growth and well being. Where such programs may include, but not limited to, classes, teachers training, community involvement and outreach.

Silicon Valley Academy's mission is to empower students to meet their highest potential, nurture their social-emotional growth, and foster their commitment to serve society. As a full-time pre-kindergarten through 8th grade school, Silicon Valley Academy provides a high-quality elementary and secondary education to local youth by offering standards-based, culturally relevant curriculum, professional development opportunities for teachers and staff, and community outreach programs. Additionally, Silicon Valley Academy proudly serves a socio-economically diverse student body offering tuition assistance and scholarships to students in need.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$636,257$807,746▲ $171,489
Savings and Temporary Cash Investments$542,250$585,514▲ $43,264
Land, Buildings, and Equipment, Net$39,682$39,682→ $0
Prepaid Expenses and Deferred Charges$80$41▼ $39
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,218,269$1,432,983▲ $214,714
Other Assets Total-$0-
Liabilities
Other Liabilities$210,598$150,227▼ $60,371
Total Liabilities$210,598$150,227▼ $60,371
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,007,671$1,282,756▲ $275,085
Total Net Assets Fund Balance$1,007,671$1,282,756▲ $275,085
Total Liabilities and Net Assets / Fund Balance$1,218,269$1,432,983▲ $214,714

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$7,605$64,381$71,986
Leasehold Improvements$25,656$23,544$49,200
Other Land Buildings$6,421-$6,421
Compensation and Service Providers

Board Members and Trustees

NameTitle
Zeba HuqPresident
Rashid HussainTrustee
Imran ShafiSecretary
Deniz DogruerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$353,012
Program Service Revenue
$1,205,085
Investment Income
$2,597
Other Revenue
$0
All Other Contributions
$339,324
Change in Net Assets
$275,085
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$794,765
Other Expenses$490,844
Total Fundraising Expense$1,350
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$633,274$74,568-$707,842
Occupancy$299,493$52,852-$352,345
Payroll Taxes$81,675$5,248-$86,923
Insurance$40,345$5,888-$46,233
Other Expenses$6,211$4,896$1,016$12,123
All Other Expenses$3,618--$3,618
Information Technology$466$1,795$300$2,561
Office Expenses-$1,945-$1,945
Advertising--$34$34
Total Functional Expenses$1,133,610$150,649$1,350$1,285,609
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Unearned Revenue$138,977
Due to Pta$9,484
Accrued Liabilities$1,766
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

No review was or will be conducted.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

01. Form 990 governing body review (Part VI, line 11)

An informed member of the board made appropriate inquiries and performed adequate inspection as relating to the preparation of the exempt organization's return contents and positions taken.

02. Conflict of interest policy compliance (Part VI, line 12C)

Compliance was assured by disclosure and review.

03.CEO, executive director, top management compl Part VI, line 15A)

The staff's salary is reviewed, compared to market data and approved by the board

Governing documents, etc,avaialable to public (Part VI,Line 15A)

The board is also considering other revenues, including making such documents available on the website of the silicon valley project

Filing and Contact Details

Filer

Filer Name
Silicon Valley Academy Project
EIN
86-1113567
Phone
4082439333
Address
195 Leota Avenue, Sunnyvale, CA 95086

Signing Officer

Name
Deniz Dogruer
Title
Treasurer
Signed
2022-10-17
Discuss with paid preparer
No

Organization Details

Formed
2003
Legal Domicile
CA
Voting Board Members
4
Independent Board Members
0
Employees
0
Volunteers
10

Preparer

Firm
M A Lord Consultanting LLC
Address
689 N Santa Cruz Ave 21, Los Gatos, CA 95030
Preparer
Fowsia Ali
Phone
7637422634
Supplemental Narrative

Additional Explanations

05. List of other expenses (Part IX, line 24E)

Program service description amount leased equipment $ 2,738 paypal $ 120 payroll processing fee $ 1,120 postege , shipping $ 103 professional fee $ 2,256 management and general service description amount bank service charge $1,145 licenses and permits $345 printing/reproduction $100 professional fees $7,380 fundraising service description amount fundraising events $834 merchants fees $182

06. General explanation attachment

PART III - STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTS: PRIMARY EXEMPT PURPOSE Silicon Valley Academy continued to fulfill its mission to empower students to meet their highest potential, nurture their social-emotional growth, and foster their commitment to serve society while successfully and safely transitioning back to full-time, in-person learning. The health and safety of students and staff were a top priority during the transition to in-person learning. SVA provided on-site weekly COVID-19 testing for students and staff, as well as at-home testing kits for student families. SVA's school principal took on the role of COVID-19 Designee and worked closely with the Santa Clara Department of Health, the California Department of Public Health, and the Santa Clara Department of Education attending weekly meetings to ensure SVA was following recommended guidelines as the situation rapidly evolved over the school year. The 2021-2022 school year marked the first year at the school's new, larger campus, offering more classrooms, a designated science lab and maker space, and a full-size gym. With the transition to the larger campus, SVA increased its student body by 35%, from 110 students in 2020-2021 to 150 students in 2021-2022, and has continued this growth trend into the 2022-2023 school year. With the new science lab and maker space, SVA is able to provide students opportunities to work with 3-D printers, robotics kits, and other tools to develop a wide range of skillsets and spark students' innovative curiosity. Finally, SVA partnered with local organizations to expand its offering of afterschool enrichment programming (such as cooking club and robotics club) and afterschool athletic programming (such as basketball and soccer teams). Additionally, Silicon Valley Academy continued to serve a socio-economically diverse student body offering tuition assistance to students in need. To further support families in need, SVA continued its partnership with other local non-profit organizations, such as Rahima Foundation, to ensure equitable access to SVA's top-tier education to all families interested.

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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt14896
IRS990/OtherExpensesGrp/ProgramServicesAmt029011
IRS990/OtherExpensesGrp/ProgramServicesAmt128529
IRS990/OtherExpensesGrp/ProgramServicesAmt210988
IRS990/OtherExpensesGrp/ProgramServicesAmt36211
IRS990/OtherExpensesGrp/TotalAmt029011
IRS990/OtherExpensesGrp/TotalAmt128529
IRS990/OtherExpensesGrp/TotalAmt214445
IRS990/OtherExpensesGrp/TotalAmt312123
IRS990/OtherLiabilitiesGrp/BOYAmt0210598
IRS990/OtherLiabilitiesGrp/EOYAmt0150227
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt074568
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0633274
IRS990/OtherSalariesAndWagesGrp/TotalAmt0707842
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05248
IRS990/PayrollTaxesGrp/ProgramServicesAmt081675
IRS990/PayrollTaxesGrp/TotalAmt086923
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt080
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt041
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/Desc0REGISTRATION
IRS990/ProgramServiceRevenueGrp/Desc1TUITION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt052948
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11152137
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt052948
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11152137
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0417048
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01813
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0417438
IRS990/PYProgramServiceRevenueAmt0850857
IRS990/PYRevenuesLessExpensesAmt029525
IRS990/PYSalariesCompEmpBnftPaidAmt0822755
IRS990/PYTotalExpensesAmt01240193
IRS990/PYTotalRevenueAmt01269718
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0275085
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01884532
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0542250
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0585514
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt07605
IRS990ScheduleD/EquipmentGrp/DepreciationAmt064381
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt071986
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt025656
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt023544
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt049200
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt06421
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt06421
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01766
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt19484
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2138977
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO PTA
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2UNEARNED REVENUE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt039682
IRS990ScheduleD/TotalLiabilityAmt0150227
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AN INFORMED MEMBER OF THE BOARD MADE APPROPRIATE INQUIRIES AND PERFORMED ADEQUATE INSPECTION AS RELATING TO THE PREPARATION OF THE EXEMPT ORGANIZATION'S RETURN CONTENTS AND POSITIONS TAKEN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPLIANCE WAS ASSURED BY DISCLOSURE AND REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE STAFF'S SALARY IS REVIEWED, COMPARED TO MARKET DATA AND APPROVED BY THE BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PROGRAM SERVICE DESCRIPTION AMOUNT LEASED EQUIPMENT $ 2,738 PAYPAL $ 120 PAYROLL PROCESSING FEE $ 1,120 POSTEGE , SHIPPING $ 103 PROFESSIONAL FEE $ 2,256 MANAGEMENT AND GENERAL SERVICE DESCRIPTION AMOUNT BANK SERVICE CHARGE $1,145 LICENSES AND PERMITS $345 PRINTING/REPRODUCTION $100 PROFESSIONAL FEES $7,380 FUNDRAISING SERVICE DESCRIPTION AMOUNT FUNDRAISING EVENTS $834 MERCHANTS FEES $182
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PART III - STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTS: PRIMARY EXEMPT PURPOSE Silicon Valley Academy continued to fulfill its mission to empower students to meet their highest potential, nurture their social-emotional growth, and foster their commitment to serve society while successfully and safely transitioning back to full-time, in-person learning. The health and safety of students and staff were a top priority during the transition to in-person learning. SVA provided on-site weekly COVID-19 testing for students and staff, as well as at-home testing kits for student families. SVA's school principal took on the role of COVID-19 Designee and worked closely with the Santa Clara Department of Health, the California Department of Public Health, and the Santa Clara Department of Education attending weekly meetings to ensure SVA was following recommended guidelines as the situation rapidly evolved over the school year. The 2021-2022 school year marked the first year at the school's new, larger campus, offering more classrooms, a designated science lab and maker space, and a full-size gym. With the transition to the larger campus, SVA increased its student body by 35%, from 110 students in 2020-2021 to 150 students in 2021-2022, and has continued this growth trend into the 2022-2023 school year. With the new science lab and maker space, SVA is able to provide students opportunities to work with 3-D printers, robotics kits, and other tools to develop a wide range of skillsets and spark students' innovative curiosity. Finally, SVA partnered with local organizations to expand its offering of afterschool enrichment programming (such as cooking club and robotics club) and afterschool athletic programming (such as basketball and soccer teams). Additionally, Silicon Valley Academy continued to serve a socio-economically diverse student body offering tuition assistance to students in need. To further support families in need, SVA continued its partnership with other local non-profit organizations, such as Rahima Foundation, to ensure equitable access to SVA's top-tier education to all families interested.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE BOARD IS ALSO CONSIDERING OTHER REVENUES, INCLUDING MAKING SUCH DOCUMENTS AVAILABLE ON THE WEBSITE OF THE SILICON VALLEY PROJECT
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc201. Form 990 governing body review (Part VI, line 11)
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc302. Conflict of interest policy compliance (Part VI, line 12c)
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc403.CEO, executive director, top management compl Part VI, line 15a)
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc505. List of other expenses (Part IX, line 24e)
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc606. General explanation attachment
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Governing documents, etc,avaialable to public (Part VI,Line 15a)
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01218269
IRS990/TotalAssetsEOYAmt01432983
IRS990/TotalAssetsGrp/BOYAmt01218269
IRS990/TotalAssetsGrp/EOYAmt01432983
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0353012
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt01350
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0150649
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01133610
IRS990/TotalFunctionalExpensesGrp/TotalAmt01285609
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0210598
IRS990/TotalLiabilitiesEOYAmt0150227
IRS990/TotalLiabilitiesGrp/BOYAmt0210598
IRS990/TotalLiabilitiesGrp/EOYAmt0150227
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01007671
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01282756
IRS990/TotalProgramServiceExpensesAmt01133610
IRS990/TotalProgramServiceRevenueAmt01205085
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01207682
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01560694
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01218269
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01432983
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0195 Leota Avenue
IRS990/USAddress/CityNm0Sunnyvale
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd0950867031
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0www,svaschool.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Deniz Dogruer
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-10-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SILICON VALLEY ACADEMY PROJECT
ReturnHeader/Filer/BusinessNameControlTxt0SILI
ReturnHeader/Filer/EIN0861113567
ReturnHeader/Filer/PhoneNum04082439333
ReturnHeader/Filer/USAddress/AddressLine1Txt0195 Leota Avenue
ReturnHeader/Filer/USAddress/CityNm0Sunnyvale
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd095086
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0881089367
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0M A Lord Consultanting LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0689 N Santa Cruz Ave 21
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Los Gatos
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd095030

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.50$0.20$1.29$2.67$2.70$0.03
2024Detailed filing. Detailed filing data is available for this year.$1.57$0.25$1.32$2.47$2.45$0.02
2023Detailed filing. Detailed filing data is available for this year.$1.48$0.18$1.30$1.64$1.62$0.02
2022Detailed filing. Detailed filing data is available for this year.$1.43$0.15$1.28$1.56$1.29$0.28
2021Detailed filing. Detailed filing data is available for this year.$1.22$0.21$1.01$1.27$1.24$0.03
2020Detailed filing. Detailed filing data is available for this year.$1.08$0.10$0.98$1.36$1.23$0.13
2019Detailed filing. Detailed filing data is available for this year.$0.92$0.07$0.85$1.44$1.32$0.12
2018Detailed filing. Detailed filing data is available for this year.$0.85$0.12$0.73$1.33$1.21$0.13
2017Summary only. Only limited summary data is available for this year.$0.68$0.08$0.60$1.23$1.17$0.06
2016Detailed filing. Detailed filing data is available for this year.$0.58$0.09$0.49$1.09$1.16$0.07
2015Detailed filing. Detailed filing data is available for this year.$0.65$0.10$0.55$1.13$1.03$0.10
2014Detailed filing. Detailed filing data is available for this year.$0.56$0.12$0.45$1.11$0.97$0.14
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.41$0.10$0.31$0.90
2012Summary only. Only limited summary data is available for this year.$0.33$0.03$0.29$1.00$0.87$0.13
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.16$0.00$0.16$0.79