Civic Intelligence

Silicon Valley International School

EIN 94-2599581 • 501(c)3 • Palo Alto, CA

View Organization Page

Profile

Silicon valley international school's focus on inquiry and bilingualism empowers young minds to embrace complexity, think critically from multiple perspectives, and demonstrate integrity and sensitivity across cultures.

151 Laura LanePalo Alto, CA 94303-3221

www.siliconvalleyinternational.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

80th percentile

0.71x

Higher debt load relative to assets than 80% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2025

Liabilities / Revenue

83rd percentile

1.99x

Higher debt load relative to revenue than 83% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2025

Net Margin

40th percentile

1.6%

Higher net margin than 40% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2025

Top Officer Pay

52nd percentile

$503,208

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 1.4% of source-year revenue.

501(c)3 • $100M-$250M nonprofits • Source year 2025

Asset Growth

36th percentile

2.9%

Faster asset growth than 36% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2024 to 2025

Revenue Growth

41st percentile

5.0%

Faster revenue growth than 41% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets80th percentile

Assets

Up

$102,072,705

Up $2,866,377 (+2.9%) from 2024

Liabilities

Up

$72,458,685

Up $1,284,274 (+1.8%) from 2024

Net Assets

Up

$29,614,020

Up $1,582,103 (+5.6%) from 2024

Operations
Liabilities / Revenue83rd percentileNet Margin40th percentile

Revenue

Up

$36,443,894

Up $1,723,790 (+5.0%) from 2024

Expenses

Up

$35,875,811

Up $5,281,152 (+17%) from 2024

Net Income

Down

$568,083

Down $3,557,362 (-86%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth36th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150M$100M$50M$0Assets 2011: $24,230,970Liabilities 2011: $19,894,897Net Assets 2011: $4,336,0732011Assets 2012: $25,119,535Liabilities 2012: $20,373,505Net Assets 2012: $4,746,0302012Assets 2013: $27,941,260Liabilities 2013: $20,235,692Net Assets 2013: $7,705,5682013Assets 2014: $29,725,538Liabilities 2014: $21,175,435Net Assets 2014: $8,550,1032014Assets 2015: $29,705,730Liabilities 2015: $20,363,770Net Assets 2015: $9,341,9602015Assets 2016: $30,364,337Liabilities 2016: $20,421,779Net Assets 2016: $9,942,5582016Assets 2017: $30,788,873Liabilities 2017: $19,365,765Net Assets 2017: $11,423,1082017Assets 2018: $33,514,857Liabilities 2018: $20,357,717Net Assets 2018: $13,157,1402018Assets 2019: $37,302,941Liabilities 2019: $21,733,120Net Assets 2019: $15,569,8212019Assets 2020: $42,419,906Liabilities 2020: $23,494,553Net Assets 2020: $18,925,3532020Assets 2021: $51,905,038Liabilities 2021: $28,016,515Net Assets 2021: $23,888,5232021Assets 2022: $80,746,669Liabilities 2022: $58,569,328Net Assets 2022: $22,177,3412022Assets 2023: $89,505,191Liabilities 2023: $66,569,522Net Assets 2023: $22,935,6692023Assets 2024: $99,206,328Liabilities 2024: $71,174,411Net Assets 2024: $28,031,9172024Assets 2025: $102,072,705Liabilities 2025: $72,458,685Net Assets 2025: $29,614,0202025

Highlighted filing

2025

Assets$102,072,705
Liabilities$72,458,685
Net Assets$29,614,020
Open 2025 Filing

Operations Trend

Revenue Growth41st percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$40M$30M$20M$10M$0-$10MExpenses 2011: $13,508,7722011Expenses 2012: $14,562,6032012Expenses 2013: $15,167,4072013Revenue 2014: $16,732,812Expenses 2014: $16,112,146Net Income 2014: $620,6662014Revenue 2015: $17,120,273Expenses 2015: $16,258,059Net Income 2015: $862,2142015Revenue 2016: $17,183,531Expenses 2016: $16,276,855Net Income 2016: $906,6762016Revenue 2017: $17,598,718Expenses 2017: $16,467,798Net Income 2017: $1,130,9202017Revenue 2018: $17,639,518Expenses 2018: $16,172,981Net Income 2018: $1,466,5372018Revenue 2019: $19,521,238Expenses 2019: $17,341,322Net Income 2019: $2,179,9162019Revenue 2020: $20,460,292Expenses 2020: $17,209,109Net Income 2020: $3,251,1832020Revenue 2021: $23,281,126Expenses 2021: $20,101,844Net Income 2021: $3,179,2822021Revenue 2022: $25,257,828Expenses 2022: $24,137,034Net Income 2022: $1,120,7942022Revenue 2023: $27,766,731Expenses 2023: $27,774,720Net Income 2023: -$7,9892023Revenue 2024: $34,720,104Expenses 2024: $30,594,659Net Income 2024: $4,125,4452024Revenue 2025: $36,443,894Expenses 2025: $35,875,811Net Income 2025: $568,0832025

Highlighted filing

2025

Revenue$36,443,894
Expenses$35,875,811
Net Income$568,083
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$102,072,705
Liabilities
$72,458,685
Net assets
$29,614,020
Revenue
$36,443,894
Expenses
$35,875,811
Net income
$568,083
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$102$72.5$29.6$36.4$35.9$0.57
2024Detailed filing. Detailed filing data is available for this year.$99.2$71.2$28.0$34.7$30.6$4.13
2023Detailed filing. Detailed filing data is available for this year.$89.5$66.6$22.9$27.8$27.8$0.01
2022Detailed filing. Detailed filing data is available for this year.$80.7$58.6$22.2$25.3$24.1$1.12
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$51.9$28.0$23.9$23.3$20.1$3.18
2020Summary only. Only limited summary data is available for this year.$42.4$23.5$18.9$20.5$17.2$3.25
2019Detailed filing. Detailed filing data is available for this year.$37.3$21.7$15.6$19.5$17.3$2.18
2018Detailed filing. Detailed filing data is available for this year.$33.5$20.4$13.2$17.6$16.2$1.47
2017Detailed filing. Detailed filing data is available for this year.$30.8$19.4$11.4$17.6$16.5$1.13
2016Detailed filing. Detailed filing data is available for this year.$30.4$20.4$9.94$17.2$16.3$0.91
2015Summary only. Only limited summary data is available for this year.$29.7$20.4$9.34$17.1$16.3$0.86
2014Detailed filing. Detailed filing data is available for this year.$29.7$21.2$8.55$16.7$16.1$0.62
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.9$20.2$7.71$15.2
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.1$20.4$4.75$14.6
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.2$19.9$4.34$13.5
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Mar 2, 2026
Return Version
2024v5.5
Gross Receipts
$37,105,490
Mission and Program Overview

Mission

Silicon valley international school's focus on inquiry and bilingualism empowers young minds to embrace complexity, think critically from multiple perspectives, and demonstrate integrity and sensitivity across cultures.

To educate students through a rigorous, dynamic, and bilingual program.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$44,466,879$43,357,279▼ $1,109,600
Savings and Temporary Cash Investments$27,634,359$32,662,541▲ $5,028,182
Investments in Publicly Traded Securities$12,819,009$13,944,724▲ $1,125,715
Accounts Receivable$5,207,871$5,261,906▲ $54,035
Prepaid Expenses and Deferred Charges$259,673$490,174▲ $230,501
Cash and Non-Interest-Bearing Accounts$399,712$409,808▲ $10,096
Pledges and Grants Receivable$1,685,240$285,469▼ $1,399,771
Inventories for Sale or Use$124,844$123,118▼ $1,726
Total Assets$99,206,328$102,072,705▲ $2,866,377
Other Assets Total$6,608,741$5,537,686▼ $1,071,055
Liabilities
Deferred Revenue$22,989,042$25,374,725▲ $2,385,683
Tax Exempt Bond Liabilities$24,215,121$23,779,829▼ $435,292
Other Liabilities$11,580,806$10,549,714▼ $1,031,092
Unsecured Notes Loans Payable$9,000,000$9,468,792▲ $468,792
Accounts Payable and Accrued Expenses$3,389,442$3,285,625▼ $103,817
Total Liabilities$71,174,411$72,458,685▲ $1,284,274
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$17,288,694$17,962,299▲ $673,605
Net Assets With Donor Restrictions$10,743,223$11,651,721▲ $908,498
Total Net Assets Fund Balance$28,031,917$29,614,020▲ $1,582,103
Total Liabilities and Net Assets / Fund Balance$99,206,328$102,072,705▲ $2,866,377

Asset Categories

AssetBook ValueDepreciationBasis
Land$33,263,984-$33,263,984
Buildings$5,907,239$6,743,382$12,650,621
Leasehold Improvements$860,313$2,313,055$3,173,368
Other Land Buildings$2,505,686-$2,505,686
Equipment$820,057$1,603,589$2,423,646
Other Assets Org$4,910,718--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$9,800,936$194,333▲ $1,098,687$424,839$10,669,117
2023$9,178,421$139,421▲ $987,628$504,534$9,800,936
2022$8,377,634$288,110▲ $887,449$374,772$9,178,421
2021$9,084,416$697,763▼ $1,091,423$313,122$8,377,634
2020$7,109,290$279,116▲ $1,700,010$4,000$9,084,416
Compensation and Service Providers
Top Officer Pay52nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Barbara GreinerHead of SchoolFT$411,642$91,566$503,208
Patricia Colin-groleauChief Advancement OfficerFT$252,292$41,580$293,872
Diane MorrisChief Financial & Operations Officer (thru 07/24)FT$246,825$15,586$262,411
Diane MorrisChief Financial & Operations Officer-$198,925$63,486$262,411
Mathieu FarrugiaChief Information OfficerFT$216,316$40,043$256,359
Jacqueline PattersonAssistant Head of SchoolFT$193,476$42,968$236,444
Jovilita OlsonChief of Communications & InstitutioFT$188,673$37,126$225,799
Veronique Merckling-chassatMiddle School Princ, Myp CoordinatorFT$184,171$23,752$207,923
Xiomara CruzEarly Years Program PrincipalFT$171,974$15,995$187,969
Olivier MonteilFrench Academic DeanFT$162,449$25,430$187,879
Erik PaxmanChief Financial OfficerFT$125,949$31,206$157,155

Board Members and Trustees

NameTitle
Ellick ButtChair
Ana CorralesDirector
Andrea WillmsDirector
Anne AaronDirector
Carla CarvalhoDirector
Cindy Foo-irissouDirector
Jasmin LimbreyDirector
Linda WangDirector
Marc SuidanDirector
Marie YoungDirector
Sujata NarayanDirector
Thom PhanDirector
Albert LeeSecretary
Patrick GengouxTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Moreno & Associates IncorporatedJanitorial782 AUZERAIS AVE, San Jose, CA 95126$263,294
Armanino LLPAccountingPO BOX 888285, Los Angeles, CA 90088$174,700
Studio Bondy ArchitectureArchitectural Design110 LINDEN STREET, Oakland, CA 94607$144,564
Revenue and Support

Revenue Composition

Contributions and Grants
$3,131,602
Program Service Revenue
$31,716,310
Investment Income
$1,527,924
Other Revenue
$68,058
All Other Contributions
$2,612,041
Change in Net Assets
$568,083

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded58$326,252Publicly Traded Exchange
Total Noncash Contributions58$326,252-

Audited Revenue Reconciliation

Revenue per Audited Statements
$36,258,322
Revenue Not Reported on Financial Statements
$185,572
Revenue Not Reported on Form 990
$1,014,020
Other Revenue Adjustments
$185,572
Total Revenue per Audited Statements
$37,272,342
Total Revenue per Form 990
$36,443,894
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$26,189,380
Other Expenses$9,500,859
Total Fundraising Expense$1,170,132
Grants and Similar Amounts Paid$185,572
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$16,424,683$2,209,885$460,961$19,095,529
Other Employee Benefits$3,032,230$497,693$38,222$3,568,145
Occupancy$2,651,903$88,203$32,396$2,772,502
Office Expenses$1,139,275$251,611$102,032$1,492,918
Payroll Taxes$1,193,261$208,036$51,990$1,453,287
Current Officers, Directors, Trustees, and Key Employees$235,309$832,877$365,649$1,433,835
Depreciation Depletion$1,173,577$34,512$7,611$1,215,700
Travel$928,417$261-$928,678
Interest$872,800$25,667$5,661$904,128
Insurance$620,889$18,294$4,528$643,711
Pension Plan Contributions$540,040$90,858$7,686$638,584
Other Expenses$400,090--$400,090
Fees for Services Other$82,791$118,439$29,398$230,628
Fees for Services Legal$143,440$61,552$930$205,922
Conferences and Meetings$113,876$34,419$54,684$202,979
Information Technology$166,136$24,376$6,359$196,871
Grants to Domestic Individuals$185,572--$185,572
Advertising-$169,904$2,025$171,929
Fees for Services Accounting-$134,803-$134,803
Total Functional Expenses$29,904,289$4,801,390$1,170,132$35,875,811

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$35,875,811
Expenses per Audited Statements$34,794,741
Total Expenses per Audited Statements$34,794,741
Expenses Not Reported on Financial Statements$1,081,070
Other Expense Adjustments$1,081,070
Expenses Not Reported on Form 990$0
International Activity

International Summary

Offices
0
Employees
0
Spending
$464,337

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
East Asia and the Pacific - Australia, Brunei, Burma, Cambodia,Program ServicesAcademic Fieldtrip00$227,437
Europe (including Iceland & Greenland) - Albania, Andorra, Austria, BelgiumProgram ServicesAcademic Fieldtrip00$103,193
Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas,Program ServicesAcademic Fieldtrip00$98,532
North AmericaProgram ServicesAcademic Fieldtrip00$35,175
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$175,079
Fundraising Direct Expenses$134,229
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$502,841$102,059$10,583$91,476
Soiree Du Vin$148,647$73,020$6,890$66,130
Total Events$651,488$175,079$134,229$40,850
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liabilities$5,297,124
Unearned Tuition$5,252,590

Bond Issues

BondIssuerIssuedIssue PricePurpose
BCalifornia Municipal Finance Authority2021-09-29$19,634,469Finance the acquisition, construction, improvement and renovation
ACalifornia Municipal Finance Authority2021-09-29$5,365,531Prepay and retire the original loan

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
B$19,634,469-$327,847-
A$5,365,531$5,258,220$439,554$107,311

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
Yes
Corrective action procedures
No
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 4

“The organization updated its bylaws to state that the authorzed number of directors of the school will be not less than 13 and not more than 25. This was effective in august 24, 2024.”

Form 990, Part VI, Section B, Line 11B

“Finance committee reviews the tax returns and the entire board receives a complete copy and approves it before filing.”

Form 990, Part VI, Section B, Line 12C

“The policy covers all employees, trustees, and contractors. Issues are reported to the head of school. Trustees are required to fill out a conflict of interest form, which is signed electronically and stored in a secure online drive. Board members are reminded to report any relationships that may be in conflict with the policy.”

Form 990, Part VI, Section B, Line 15

“Head of school (hos) and chief financial officer (cfo): both have local and national comparative data of their peers that is reviewed by the board of directors for the hos and by the hos for the cfo. The process for the hos was taken in june 2025. The cfo's compensation was last reviewed in may 2025.”

Form 990, Part VI, Section C, Line 19

“The governing documents are available on the school's website. The conflict of interest policy and financial statements are on file in the business office and are available upon request.”

Filing and Contact Details

Filer

Filer Name
Silicon Valley International School
EIN
94-2599581
Phone
6502518500
Address
151 LAURA LANE, PALO ALTO, CA 94303-3221

Signing Officer

Name
Barbara Greiner
Title
Head of School
Phone
6502518525
Signed
2026-03-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Barbara Greiner
Formed
1979
Legal Domicile
CA
Voting Board Members
15
Independent Board Members
14
Employees
265
Volunteers
520

Preparer

Firm
Armanino Advisory LLC
Address
2700 CAMINO RAMON STE 350, SAN RAMON, CA 94583-5004
Preparer
Matthew Petroski
Phone
9257902600
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

“The earnings from the endowment funds will be used to further the mission of the school by providing operating funds and additional funds to help provide a better education for the students. We have several endowment funds. The cdg fund is intended to generate unrestricted income. We have two scholarship/financial aid funds and one art fund. These generate income to help those areas of our budget and are restricted to those areas.”

PART X, LINE 2:

“The school is a qualified organization exempt from federal income and california franchise taxes under the provisions of sections 501(c)(3) of the internal revenue code and 23701d of the california revenue and taxation code, respectively. The school has evaluated its current tax positions and has concluded that as of june 30, 2025, the school does not have any significant uncertain tax positions for which a reserve would be necessary.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“SCHOLARSHIPS 185,572.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Scholarships 185,572. Construction & development holding costs 895,498.”

Raw XML AppendixShowing 400 of 1,058 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.

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IRS990/Desc0FROM PRESCHOOL TO 12TH GRADE WE OFFER A BILINGUAL INTERNATIONAL BACCALAUREATE EDUCATION THAT CULMINATES WITH THE IB DIPLOMA, THE MOST COMPREHENSIVE AND RIGOROUS COLLEGE PREPARATORY PROGRAM. IN PRESCHOOL AND PK, STUDENTS SPEND BETWEEN 85% OF THEIR INSTRUCTIONAL TIME IN THE IMMERSION LANGUAGE (FRENCH OR CHINESE) AND 15% IN ENGLISH. IN KINDERGARTEN THROUGH FIFTH GRADES, STUDENTS SPEND BETWEEN 60% TO 75% OF THEIR INSTRUCTIONAL TIME IN THE IMMERSION LANGUAGE (FRENCH, CHINESE, OR GERMAN ). THE FRENCH CURRICULUM FOLLOWS GUIDELINES FROM THE FRENCH MINISTRY OF EDUCATION, ALLOWING STUDENTS TO CONTINUE THEIR STUDIES ON GRADE LEVEL IN ANY FRENCH SCHOOL IN THE WORLD (CONTINUATION IN SCH O) AFTER THEY LEAVE INTL. THE SIXTH THROUGH EIGHTH GRADE MIDDLE SCHOOL COMBINES THE FRENCH, CHINESE, AND GERMAN PROGRAMS TO CREATE AN INTERNATIONAL MIDDLE SCHOOL. STUDENTS FROM THE THREE PROGRAMS ARE MIXED FOR CLASSES TAUGHT IN ENGLISH AND SEPARATED FOR CLASSES TAUGHT IN THEIR IMMERSION LANGUAGE. THE MIDDLE SCHOOL PROGRAM PREPARES STUDENTS FOR SUCCESS IN AMERICAN, FRENCH, OR INTERNATIONAL HIGH SCHOOLS. THE NINTH THROUGH TWELFTH GRADE HIGH SCHOOL OFFERS AN INTERNATIONAL BACCALAUREATE DIPLOMA PROGRAMME, WHICH ALLOWS STUDENTS TO CONTINUE THE FRENCH, CHINESE OR GERMAN PROGRAM, OR CHOOSE AN ENGLISH TRACK WITH A WORLD LANGUAGE COMPONENT.TOTAL OF 788 STUDENTS WERE SERVED DURING THE YEAR.
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