Silicon Valley Engineering Council
Nonprofit profile at a glance
- EIN
- 770255756
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2017
- Location
- San Jose, CA, USA
- Phone
- 4088282643
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Professional Societies, Associations
Reported finances
- Revenue
- $29,201
- Expenses
- $40,266
- Assets
- $4,776
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- Cecilia Craig (President FY25)
- T Kim Parnell (Vice President FY25)
- LIANA Ye (Past President)
People named in this filing
- Cecilia Craig (President FY25)
- T Kim Parnell (Vice President FY25)
- Richard Schaefer (Secretary FY25)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Founded in 1989, the Silicon Valley Engineering Council is a non-profit educational 501 (c)(3) organization. Its purpose is to serve its member engineering and technical organizations in Silicon Valley and provide outreach to education and the community. GOALS: (1) increase public understanding of the impact of engineering and science in enhancing the quality of life. (2) Sponsor and promote engineering educational activities, programs and outreach. (3) Promote community service by the engineering and technical societies and their members. (4) Coordinate activities and assist communications among local engineering organizations. (5) Coordinate Engineers Week activities in the Silicon Valley.
What it reported doing in 2024
After the removal of the then President in a March 15, 2023 Board of Directors and SVEC Council Special Meeting, the removed officer took adversarial steps to restrict access to our organization accounts. Subsequently, the remaining Board of Directors had to obtain a different domain, website, email addresses, and lost access to many organization accounts. We did regain bank accounts. As of this filing, we have regained the original organization website after pursuing civil litigation and obtaining a Declaration from the California Santa Clara County Superior Court; legal fees, while discounted, were substantial. In addition, SVEC copyrighted its logo and trademarked its name. In March 2023, we asked the Santa Clara County District Attorney to hold this person criminally liable and that investigation is ongoing. We continue to report and eliminate website variants that this shadow organization attempts and continue to build back the Silicon Valley Engineering Council reputation and credibility in the community.
Operating model
- Revenue model
- Donor-supported. 60% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 80% 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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 94
- Transparency & Controls: 100
- Sustainability: 26
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 82.5%; rating input score 83
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -37.9%; rating input score 16; 16th percentile among comparable filings
- Total-asset coverage ratio: 0.12; rating input score 12; 12th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -10.6% per year; rating input score 0; 26th percentile among comparable filings
- Revenue growth: -23% per year; rating input score 0; 13th percentile among comparable filings
- Asset growth: -54.8% per year; rating input score 0; 3rd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 82.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 5 filed program accomplishments · $33K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2022 to 2024
- 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 — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 16/100.
- High — Sustainability: Total-asset coverage ratio scored 12/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.