Overview
What is E C S V Real Estate?
E C S V Real Estate is a supporting nonprofit organization established to benefit Educare California at Silicon Valley (ECSV). Located in San Jose, California, its primary objective is to construct and operate an early learning center, aiding in the success of children served. The organization offers curricula and programs centered on best practices in early childhood development and education. ECSV leases the facility, which was completed in 2015, and serves approximately 134 and 126 children aged birth to 5 and their families in 2022 and 2021, respectively. Classroom services are provided by the Santa Clara County Office of Education and Franklin McKinley School District, funded by various sources. The facility costs are shared by the Santa Clara County Office of Education, First 5 Santa Clara County, Franklin McKinley School District, and Dependency Advocacy Center. The nonprofit's primary function involves operating and subleasing an education facility in San Jose, California, to ECSV.
Official website here: www.educaresv.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star rating)
E C S V Real Estate has achieved an impressive score of 97%, reflecting a strong commitment to accountability and finance. This high rating is derived entirely from the organization's performance in this area, indicating a well-structured financial management system. The nonprofit has demonstrated exemplary governance with a board consisting of 100% independent members and a solid size of five members.
The organization also adheres to best practices in transparency and ethics, evident from its robust policies regarding conflicts of interest, whistleblower protections, and document retention. Furthermore, the charity effectively manages its resources, with a program expense ratio of 75.59%, ensuring that a significant portion of its funds is directed towards its mission-related activities rather than administrative costs.
While the data highlights several strengths, it does not mention specific programs or outcomes directly related to the charity's impact within the community. Nonetheless, the high ratings across various accountability metrics suggest that E C S V Real Estate operates with integrity and is committed to its financial responsibilities.
This AI summary has been generated from information found on Charity Navigator.
Is E C S V Real Estate legitimate?
E C S V Real Estate is a legitimate nonprofit organization registered as a 501(c)(3) entity. E C S V Real Estate 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.educaresv.org/
What is the mission statement of E C S V Real Estate?
E C S V Real Estate was established with the primary purpose of supporting Education Care California at Silicon Valley (ECSV), a non-profit organization dedicated to building and operating an early learning center. The mission of E C S V Real Estate is to facilitate the operation of this education facility, providing a space for ECSV to serve children from birth to five years old, aiming to ensure their success in school and later life. The organization obtained loans through a New Markets Tax Credit Financing Transaction to construct the facility. ECSV offers curricula and programs focused on delivering best practices in early childhood development and education. The facility, completed in August 2015, was leased to ECSV, with classroom services provided by the Santa Clara County Office of Education and Franklin-McKinley School District, funded by various sources.
Official website here: www.educaresv.org/
Who is the CEO of E C S V Real Estate?
Jason Vann is the Chair of E C S V Real Estate.
Official website here: www.educaresv.org/
What is the revenue of E C S V Real Estate?
E C S V Real Estate's revenue in 2022 was $203,250.
Official website here: www.educaresv.org/
Who are the executives of E C S V Real Estate and what are their salaries?
There 37 volunteers at E C S V Real Estate.
Here are 6 key members and their salaries:
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- Related: $103,963
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Official website here: www.educaresv.org/
Where can I find the form 990 for E C S V Real Estate?
E C S V Real Estate's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.educaresv.org/
Learn more at the official website: www.educaresv.org/
Mission Statement of E C S V Real Estate
E C S V Real Estate was established with a mission to support Educare California at Silicon Valley (ECSV), a nonprofit organization committed to building and operating an early learning center. The primary goal of this center is to ensure the success of children in school and later life. E C S V Real Estate operates and subleases an education facility to ECSV, which delivers best practices in early childhood development and education through its curricula and programs. The organization participated in a New Markets Tax Credit financing transaction to secure funds for constructing and developing the facility. The facility, completed in August 2015, serves approximately 134 and 126 children aged birth to 5 and their families in a model early learning school in 2022 and 2021, respectively. Classroom services are provided by the Santa Clara County Office of Education (SCCOE) and Franklin McKinley School District (FMSD), funded with federal, state, and local funding sources. Facility costs are shared among SCCOE, First 5 Santa Clara County, FMSD, and Dependency Advocacy Center based on square footage used at the facility. In summary, E C S V Real Estate's mission is to support ECSV in its mission to provide high-quality early childhood education, ensuring the success of children in their future academic and personal endeavors.
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Impact
October, 2024
E C S V Real Estate plays a crucial role in enhancing early childhood education in San Jose, California. By operating and subleasing a state-of-the-art educational facility to Educare California at Silicon Valley (ECSV), the organization directly supports the mission of providing high-quality early learning opportunities for children from birth to age five.
Since its construction was completed in August 2015, the facility has enabled ECSV to serve up to 134 children annually, along with their families. This significant impact is bolstered by partnerships with local educational agencies, such as the Santa Clara County Office of Education and the Franklin McKinley School District, which offer a robust curriculum informed by best practices in early childhood development.
Through strategic financing like the New Markets Tax Credit, E C S V Real Estate has facilitated essential funding for the facility's construction and development. This financial backing has ensured that a dedicated, well-resourced space is available for early education, helping to foster children's academic success and overall development. By creating an environment conducive to learning, E C S V Real Estate contributes to building a strong foundation for future generations in the community.
This information is meant to be a general summary of E C S V Real Estate. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $81,327
- Gross Receipts: $203,250
Assets and Liabilities:
- Total Assets: $16,055,694
- Total Liabilities: $753,006
- Net Assets: $15,302,688
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LEASE INCOME
Revenue
$81,327
Organization Details
Founding Year
2013
Phone
(408) 573-4801Principal Officer
Jason Vann
Main Address
1399 SANTEE DRIVE, SAN JOSE, CA, 95122
Website
www.educaresv.org/NTEE Category
Code: B90 - Education
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