Silicon Valley Academy Project

Nonprofit profile at a glance

EIN
861113567
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Sunnyvale, CA, USA
Phone
4082439333
Rating
65
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Elementary, Secondary Education, K - 12

Reported finances

Revenue
$2,667,019
Expenses
$2,696,238
Assets
$1,495,929
Liabilities
$203,117

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • ZEBA HUQ (President)

People named in this filing

  • ZEBA HUQ (President)
  • DENIZ DOGRUER (Treasurer)
  • HADY ABOU EL KHEIR (Director)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

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.

What it reported doing in 2024

Silicon Valley Academy? s vision is to develop children? s love of learning, so they become lifelong learners and consciousness contributing members of society. Our current programs have implemented the GLAD Model Guided Language Acquisition Design to help our vision become a reality in the daily lives of our students. During the 2023 academic year, SVA is proud to have sponsored the education of over 10 socially disadvantaged children. SVA was able to partner with different organizations, such as Rahima Foundation, to help in the support of the socially disadvantaged at our school. SVA? s student population grew by about 20. As a result, we hired additional staff members to continue to offer support, scaffolding, and guidance to our students, including those who struggle. Furthermore, SVA implemented a new makerspace curriculum for our KG-8th grade students. Lastly, SVA expanded its after school clubs and athletic leagues.

Operating model

Revenue model
Earned-program. 93% of the money available for current operations came from fees and other program 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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 81
  • Transparency & Controls: 83
  • Accountability: 6
  • Sustainability: 36
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 90.1%; rating input score 90
  • Program expense ratio: 89.3%; rating input score 89
  • Fundraising efficiency: $3.91 raised per $1 spent on fundraising; rating input score 12; 12th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 91.7%; rating input score 92; 7th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 3rd percentile among comparable filings
  • Governance controls: 1 of 7 controls in place; rating input score 14
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Fail
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -1.1%; rating input score 29; 29th percentile among comparable filings
  • Total-asset coverage ratio: 0.55; rating input score 20; 20th percentile among comparable filings
  • Liabilities to assets ratio: 0.14; rating input score 52; 52nd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 91; 91st percentile among comparable filings

Growth

  • Program expense growth: 9.1% per year; rating input score 100; 61st percentile among comparable filings
  • Revenue growth: 7.3% per year; rating input score 100; 56th percentile among comparable filings
  • Asset growth: 11.4% per year; rating input score 100; 64th percentile among comparable filings

Details

  • Where the money goes: 90.1% of revenue deployed · 89.3% of spending went to programs
  • Governance: 0 of 5 board members independent · 1 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $2.4M in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 23 of 24 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules
  • Filing history: 13 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • 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 — Accountability: Independent voting board scored 0/100.
  • High — Accountability: Governance controls: 5 of 6 not reported.
  • High — Financial Efficiency: Fundraising efficiency scored 12/100.
  • High — Sustainability: Operating margin scored 29/100.
  • Review — Transparency & Controls: Schedule G fundraiser detail did not reconcile in the filed values.
  • High — Sustainability: Total-asset coverage ratio scored 20/100.
  • Review — Sustainability: Liabilities to assets ratio scored 52/100.