Silicon Valley Association Of

Nonprofit profile at a glance

EIN
770447464
IRS 990-EZ coverage
2009–2009
Forms available
Form 990-EZ 2009
Location
So San Francisco, CA, USA
Phone
4086909920
Rating confidence
Limited
Sector
Professional Societies, Associations

Official website

Reported finances

Revenue
$231,938
Expenses
$298,592
Assets
$256,226

Source: IRS Form 990-EZ. Selected filing: tax year 2009. Amounts in USD.

Leadership & pay

9 people listed

Source: IRS Form 990-EZ. Selected filing: tax year 2009. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Educating entrepenuers

What it reported doing in 2009

SVASE strives to deliver new resources and programs to meet the needs of its dynamic entrepreneur, investor ans service community members in Silicon Valley. SVASE's accomplishments during the year included the following:-Held over 90 events in the past 12 months, attended by over 3,070 people, aimed at educating current and potential entrepreneurs on the most effectiveways to develop viable technology, life science and clean tech based businesses, and how to raise the venture capital required to fund them.-By leveraging SVASE events to present business cases and connect with potential investors, SVASE members have raised over $140M in venture capital since Jan 2008.-30 companies a year have the opportunity to launch their products in front of an audience of over 400 VCs, angels, corporate executives, bloggers, press and TV camera crews. Over 67% of these companies continue to operate and grow, creating new jobs, and in 2010, 2 of these companies were acquired by McAfee and GameStop respectively.-As an internationally acknowledged leader in entrepreneurship, SVASE is regularly asked to meet with delegations of government officials, industryleaders, investors and entrepreneurs from around the world. In 2010, SVASE met with delegations from France, Indonesia, Japan, Moldova, New Zealand, Spain and the UK.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 100
  • Sustainability: 19
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 50th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -28.7%; rating input score 6; 6th percentile among comparable filings
  • Total-asset coverage ratio: 0.86; rating input score 54; 54th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $112K · 9 people listed
  • Consistency: 5 of 5 current checks pass
  • Schedules: 2 filed schedules
  • Money network: 1 filed money-flow record
  • 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: Operating margin scored 6/100.
  • Review — Sustainability: Total-asset coverage ratio scored 54/100.