SVCASPA Chinese American Semiconductor
Nonprofit profile at a glance
- EIN
- 770414443
- IRS 990 coverage
- 2012–2024
- Forms available
- Form 990 2024
- Location
- Sunnyvale, CA, USA
- Phone
- 4089404600
- Rating
- 63
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $380,991
- Expenses
- $331,619
- Assets
- $175,997
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
20 people listed
Executive titles in this filing
- Zhibin Xiao (President)
- Ge Wang (Vice President)
People named in this filing
- Helen Guan (Secretary)
- Iris Song (CFO)
- Xiangyu Zhang (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
CASPA offers its members and sponsors a great platform for high-tech knowledge exchange, career development, bridging VC and innovations, as well as enabling talent recruiting.
What it reported doing in 2024
Managed business development. Also hosted International visitors and CASPA International Delegations
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 96% 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 - The filed numbers largely add up and a large share of available resources goes toward mission work. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 67
- Transparency & Controls: 93
- Accountability: 6
- Sustainability: 56
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 71.3%; rating input score 71
- Program expense ratio: 81.7%; rating input score 82
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 80th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 7th 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: 13%; rating input score 65; 65th percentile among comparable filings
- Total-asset coverage ratio: 0.53; rating input score 26; 26th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: 3.7% per year; rating input score 100; 48th percentile among comparable filings
- Revenue growth: 2.8% per year; rating input score 100; 39th percentile among comparable filings
- Asset growth: -0.3% per year; rating input score 0; 23rd percentile among comparable filings
Details
- Where the money goes: 71.3% of revenue deployed · 81.7% of spending went to programs
- Governance: 0 of 20 board members independent · 1 of 7 filing controls reported
- Programs: 6 filed program accomplishments · $31K in reported program spending
- Leadership: top reported pay $0 · 20 people listed
- Consistency: 21 of 21 current checks pass
- Schedules: 3 filed schedules · includes grants
- Filing history: 13 filing years from 2012 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 — Accountability: Independent voting board scored 0/100.
- High — Accountability: Governance controls: 5 of 6 not reported.
- High — Sustainability: Total-asset coverage ratio scored 26/100.
- High — Growth: Asset growth scored 0/100.