Form 990 for tax year 2023
Filed by SILICON VALLEY SPONSORING COMMITTEE.
Totals
- Total revenue
- $348,835
- Total expenses
- $79,958
- Contributions and grants received
- $324,865
- Grants paid
- $0
- Program service revenue
- $15,497
- Investment income
- $8,473
- Other revenue
- $0
- Total assets, end of year
- $336,012
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $336,012
- Program services expenses (Part IX)
- $76,370
- Management and general expenses
- $3,413
- Fundraising expenses
- $175
- Program service expenses (Part III)
- $76,370
Program services were 95.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$36,954
-
1f · All other contributions, gifts and grants
$287,911
-
2a · Program service revenue: Trainings
total $15,497 · related or exempt $15,497
-
3 · Investment income
total $8,473 · excluded $8,473
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $2,988 · management and general $2,988
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $52,800 · program services $52,800
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $1,733 · program services $1,493 · management and general $160 · fundraising $80
-
14 · Information technology
total $270 · program services $240 · management and general $20 · fundraising $10
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $9,458 · program services $9,458
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $10,886 · program services $10,886
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $1,500 · program services $1,275 · management and general $150 · fundraising $75
-
24a · Other expenses: Printing and Publications
total $248 · program services $218 · management and general $20 · fundraising $10
-
24b · Other expenses: Tax, license and fees
total $75 · management and general $75
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $67,135 · end of year $336,012
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
27 · Net assets without donor restrictions
beginning of year $67,135 · end of year $336,012
Mission and programs · 2023
Mission
We are a non-partisan network of civic associations, faith-based organizations and nonprofits that come together to effect change on a larger scale than we could alone. We identify shared issues affecting our communities (such as housing insecurity, mental health issues and closing the technology divide). We build long-term relationships across lines that often divide us. We help regular people have a seat at the decision-making tables of Silicon Valley.We are a "sponsoring committee" because we are in the early stages of building an organization, and are affiliated with the Industrial Areas Foundation (IAF), the nations largest and longest-standing leadership development and organizing network. The IAF believes that a healthy democracy requires the active participation of ordinary people.
Activities or mission (Part I)
We are a non-partisan network of civic associations, faith-based organizations and nonprofits that come together to effect change on a larger scale than we could alone. We identify shared issues affecting our communities (such as housing insecurity, mental health issues and closing the technology divide). We build long-term relationships across lines that often divide us. We help regular people have a seat at the decision-making tables of Silicon Valley.
-
Silicon Valley Sponsoring Committee's primary goal is to move successfully toward founding a newly named organization in Santa Clara County by November 2024. Additionally, SVSC is working on local neighborhood safety issues and working to build the long-term organizational strength to work on systemic issues related to economic equity in Santa Clara County. We have done the following in the 2023:- Organized an assembly with over 175 people from 15 institutions together with San Jose Vice-Mayor Kamei in January to officially launch a strategy toward a Founding Convention as well as gain commitments from the City to fix lighting and trim trees in the low-income East Cadillac neighborhood.- Held multiple recruitment meetings in individual institutions as well as across the county resulting in 3 new institutions contributing toward the sponsoring committee since January.- Trained 125 leaders on organizing in their communities, over half of whom were new.- Leaders and organizers held over 45 individual meetings from Santee and nearby, Cadillac-Winchester, and San Tomas area.- Held small group conversations after misas del barrio (Mass in the neighborhood) every month engaging a total of 200 people.- Held assembly on January 18th at St. Lucy Parish with 175 people and San Jose vice-mayor Kamei who committed to getting trees trimmed.- Recruited and trained 125 leaders to organize a team for the purpose of developing this strategy- Very successful training in coordination with "Recognizing the Stranger" in Oct. 2023
Expenses $76,370 · Revenue $348,835
As filed on the 2023 return.
Listed in Part VII
-
Charlie Rothschild
President
- Total calculated
- $0
- Hours/week
- 10
-
Joanna Shreve
Sec & Treasurer
- Total calculated
- $0
- Hours/week
- 10
-
Ivonn Rivera
Director
- Total calculated
- $0
- Hours/week
- 5
-
Lucia Carrillo
Director
- Total calculated
- $0
- Hours/week
- 5
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(c)(3) · Leadership development · CA
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 26 August 2024
- IRS schema version
- 2023v5.1
- Source object
- 202412419349300946
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.