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Breakthrough Silicon Valley

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 262168102 ✦ San jose, CA ✦ Designated as a 501(c)(3)

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Overview

What is Breakthrough Silicon Valley?

Breakthrough Silicon Valley is a nonprofit organization situated in San Jose, California. Their primary mission is to empower academically driven students from underprivileged backgrounds, providing them with the necessary skills to excel in rigorous college-preparatory high school programs and eventually gain admission into four-year universities. Beyond high school, Breakthrough Silicon Valley supports its graduates through their first year of college, offering resources such as peer mentoring, microgrants, and a planned retreat for rising freshmen. Their ultimate objective is to inspire talented high school and college students to pursue careers in education. In the Spring of 2022, 72 students from Breakthrough Silicon Valley successfully graduated from high school. Nearly 93% of these graduates enrolled in four-year universities, with the remaining students opting for community colleges or trade schools.


Official website here: www.breakthroughsv.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 100% (Four-Star out of Four Stars)

Breakthrough Silicon Valley has achieved a remarkable rating of 100% from Charity Navigator, reflecting their strong accountability and finance practices. The organization boasts a high percentage of independent board members and has demonstrated excellence in financial oversight, ensuring that their resources are effectively managed to fulfill their mission of supporting underserved students in accessing quality education.

User reviews consistently highlight Breakthrough's impactful programs that empower students from low-income backgrounds. Volunteers and alumni alike commend the dedicated staff and the supportive environment that encourages academic and personal growth. Many former students express gratitude for the transformative role the organization has played in their educational journeys, with numerous individuals crediting Breakthrough for their successful college admissions.

While positive feedback dominates the reviews, the organization’s continued growth and effectiveness will depend on maintaining their high standards of support and engagement with participants and their families. Overall, Breakthrough Silicon Valley is recognized as a vital resource in the community, fostering educational equity and inspiring future leaders.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

Is Breakthrough Silicon Valley legitimate?

Breakthrough Silicon Valley is a legitimate nonprofit organization registered as a 501(c)(3) entity. Breakthrough Silicon Valley submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $159,900
Professional Fundraising Fees: $63,451
Other Salaries and Wages: $1,003,796

For more financial information, click here


Official website here: www.breakthroughsv.org

What is the mission statement of Breakthrough Silicon Valley?

Breakthrough Silicon Valley's mission is multifaceted, aimed at serving two primary objectives. Firstly, it strives to prepare academically motivated middle and high school students with limited educational opportunities for success in rigorous college-preparatory high school programs and four-year colleges. Secondly, it aims to inspire outstanding high school and college students to pursue careers in education. This organization is committed to fostering academic growth and career aspirations among its students, ensuring they have the necessary skills and motivation to excel in higher education and education-related fields.


Official website here: www.breakthroughsv.org

Who is the CEO of Breakthrough Silicon Valley?

Ellen Lintz Dempsey is the Treasurer of Breakthrough Silicon Valley.


Official website here: www.breakthroughsv.org

What is the revenue of Breakthrough Silicon Valley?

Breakthrough Silicon Valley's revenue in 2022 was $2,125,399.


Official website here: www.breakthroughsv.org

Who are the executives of Breakthrough Silicon Valley and what are their salaries?

The average compensation at Breakthrough Silicon Valley during 2022 was $34,226. There are 34 employees and 262 volunteers at Breakthrough Silicon Valley.


Here are 20 key members and their salaries:


Mark Asher (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ellen Lintz Dempsey (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Kennedy (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Courtney Monk (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leniece Flowers Brissett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rita Chen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bianca Fischli (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ramon Garcia Gomez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christina Lai (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Leung (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Manuevo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rodney Ogawa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Candice Brown Pacheco (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Griselda Panozo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allison Railo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suchitra Subrahmanyan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherice Torres (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Wenzel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Hiester (Executive Director)
  • Compensation: $147,353
  • Related: $0
  • Other: $26,085
Kit Yip Fong (Senior Director Of Program)
  • Compensation: $111,299
  • Related: $0
  • Other: $26,000


Official website here: www.breakthroughsv.org

Where can I find the form 990 for Breakthrough Silicon Valley?

Breakthrough Silicon Valley's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.breakthroughsv.org

Learn more at the official website: www.breakthroughsv.org

Mission Statement of Breakthrough Silicon Valley

Breakthrough Silicon Valley, a nonprofit organization, is committed to a two-fold mission. Initially, it aims to prepare academically motivated middle and high school students with limited educational opportunities for success in rigorous college-preparatory high school programs and entry into four-year colleges. Secondly, the organization strives to inspire outstanding high school and college students to enter careers in education.

In essence, Breakthrough Silicon Valley serves as a bridge between underprivileged students and challenging academic environments, equipping them with the necessary skills and mindset to excel in college and beyond. The organization's mission is not just about academic success, but also about fostering a new generation of educators who can contribute positively to the educational system.

The high school program of Breakthrough Silicon Valley has proven to be successful. In the spring of 2022, 72 students graduated from high school, with a remarkable 93% enrolling in four-year universities. The remaining students opted for community colleges or trade schools. The organization also launched its College Pathways Initiative, a program designed to support its graduates during their first year of college. This initiative includes pairing students with peer monitors, distributing microgrants, and planning an inaugural retreat for rising college freshmen. By doing so, Breakthrough Silicon Valley is not only preparing students for college but also ensuring their smooth transition into higher education.

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Impact




October, 2024

Breakthrough Silicon Valley significantly impacts the educational landscape by empowering academically motivated students from underprivileged backgrounds. The organization prepares these students for success in rigorous college-preparatory high school programs and facilitates their transition to four-year colleges.

In the spring of 2022, Breakthrough Silicon Valley celebrated the graduation of 72 students, with an impressive 93% enrolling in four-year universities, while the remainder pursued community colleges or trade schools. This success rate reflects the effectiveness of their programming in equipping students for higher education.

Additionally, Breakthrough Silicon Valley extends its support beyond high school through its College Pathways Initiative, launched in the 2021-2022 academic year. This initiative aims to assist BTSV graduates during their first year in college, pairing them with peer monitors and providing essential resources through microgrants. The program fosters a supportive network for students, helping to mitigate the challenges they may face in adapting to college life.

Overall, Breakthrough Silicon Valley plays a crucial role in enhancing educational access and opportunities for students who might otherwise encounter significant barriers, all while inspiring the next generation of educators. The impact of their work is transformative, contributing to the academic and professional futures of countless individuals in the San Jose community and beyond.




This information is meant to be a general summary of Breakthrough Silicon Valley. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$2,125,399 (2022)
Expenses
$1,903,275 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $4,232
  • Program Service Revenue: $24,000
  • Gross Receipts: $2,152,053

Assets and Liabilities:

  • Total Assets: $2,523,941
  • Total Liabilities: $145,787
  • Net Assets: $2,378,154

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM INCOME

Revenue

$24,000

Organization Details

Founding Year

2007

Principal Officer

Ellen Lintz Dempsey

Main Address

1635 PARK AVENUE, SAN JOSE, CA, 951262123

NTEE Category

Code: B90 - Education

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