Rossinca Heritage School San Jose Inc

Nonprofit profile at a glance

EIN
471374919
IRS 990 coverage
2016–2020
Forms available
Form 990 2020
Location
San Jose, CA, USA
Phone
4086035656
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Elementary, Secondary Education, K - 12

Official website

Reported finances

Revenue
$768,823
Expenses
$715,242
Assets
$118,780
Liabilities
$22,398

Source: IRS Form 990. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • NATALYA VENZON (PRESIDENT)
  • ERIC VENZON (CEO)

People named in this filing

  • TY VENZON (DIRECTOR)
  • JURGEN DELLAR (DIRECTOR)
  • NATALYA VENZON (PRESIDENT)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

We believe that when children and their families understand their own culture, sharing theirs and learning ours, the most natural outcome is peace. We build bridges instead of walls. By valuing their culture we see general reciprocity in embracing ours together. We start with children so that they can confidently understand who they are, where they are, and may continue their journey, simultaneously proud of their origins and new home. In this way, each child becomes a bridge in and of themselves, empowered to lead from within and without.

What it reported doing in 2020

Russian language programthe subject of this program is the modern russian language in its multifunctional diversity. Because the main functions of the language are communication and education, the main focuses of the program are related to learning and developing speech, forming proper grammar, learning reading technique, acquiring the skills to be able to analyze, summarize and express one's knowledge and experience in both written and speaking form. Last but not least, the program puts emphasis on cultural awareness, which will help those studying the russian language to feel closer to russian literature and culture as a whole. The program is designed for both russian speakers and those who are learning russian as a foreign language. It is for all ages, starting with preschool, elementary, middle and high school, to adults. Since the acquisition of language is gradual, the program is structured based on the skills, abilities and needs of each of the students. The students, in turn, progress from situational language play to serious academic knowledge of the language.

Operating model

Revenue model
Other-operating. 90% of the money available for current operations came from other operating revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Total assets are small relative to annual expenses; liquid coverage is unknown and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 69
  • Transparency & Controls: 92
  • Accountability: 88
  • Sustainability: 36
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 74.9%; rating input score 75
  • Program expense ratio: 80.6%; rating input score 81
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 7%; rating input score 43; 43rd percentile among comparable filings
  • Total-asset coverage ratio: 0.17; rating input score 5; 5th percentile among comparable filings
  • Liabilities to assets ratio: 0.19; rating input score 38; 38th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 83; 83rd percentile among comparable filings

Growth

  • Program expense growth: 10.4% per year; rating input score 100; 73rd percentile among comparable filings
  • Revenue growth: 12.1% per year; rating input score 100; 77th percentile among comparable filings
  • Asset growth: 61.3% per year; rating input score 100; 97th percentile among comparable filings

Details

  • Where the money goes: 74.9% of revenue deployed · 80.6% of spending went to programs
  • Governance: 4 of 4 board members independent · 5 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $576K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 18 of 18 current checks pass
  • Schedules: 6 filed schedules · includes major donors
  • Filing history: 5 filing years from 2016 to 2020
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Total-asset coverage ratio scored 5/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Moderate — Sustainability: Operating margin scored 43/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 38/100.