Overview
What is Silicon Valley University?
Silicon Valley University, located in San Jose, California, is currently undergoing reorganization with the goal of enrolling both undergraduate and graduate students in Computer Science and Computer Engineering programs starting in 2022. This institution has been gaining recognition in the Silicon Valley as a reputable training ground for high-tech professionals. Its primary mission is to deliver high-quality undergraduate and postgraduate curricula, aiming to equip students with the necessary skills for success in the tech industry. As of now, the university has a staff of seven dedicated individuals.
Official website here: www.svuca.edu/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1 Star (51%)
Silicon Valley University has received a low score of 51%, translating to a One-Star out of Four Star rating. This rating highlights significant concerns regarding the organization's accountability and financial practices. While the university boasts a fully independent board and has not shown material diversion of assets, it lacks in several key governance areas, including conflict of interest and whistleblower policies.
The organization's financial health reflects some strengths, such as a good liabilities to assets ratio, indicating stability. However, its program expense ratio is notably low, suggesting that a smaller portion of its expenditures is going directly towards its programs. This raises questions about the overall impact of its operations and resource allocation.
Additionally, the CEO's salary of $635,000 may be viewed as excessive in relation to the university's performance and the value provided to its stakeholders. Overall, while Silicon Valley University meets some basic governance standards, the deficiencies in key areas and low financial efficiency point to a need for improvement.
This AI summary has been generated from information found on Charity Navigator.
Is Silicon Valley University legitimate?
Silicon Valley University is a legitimate nonprofit organization registered as a 501(c)(3) entity. Silicon Valley University 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: $635,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $76,910
For more financial information, click here
Official website here: www.svuca.edu/
What is the mission statement of Silicon Valley University?
Silicon Valley University's mission, as stated, is centered around providing top-notch undergraduate and post-graduate curriculum. The institution is committed to preparing students in the fields of Computer Science and Computer Engineering. Currently undergoing reorganization, the university aims to commence operations in 2022. Gaining recognition in the Silicon Valley, the university is known for offering quality education, positioning it as a reputable training institute for high-tech professionals.
Official website here: www.svuca.edu/
Who is the CEO of Silicon Valley University?
Jerry Shiao is the Ceo of Silicon Valley University. The CEO's salary of Silicon Valley University is $635,000 and their total compensation is $635,000.
Official website here: www.svuca.edu/
What is the revenue of Silicon Valley University?
Silicon Valley University's revenue in 2022 was $200,382.
Official website here: www.svuca.edu/
Who are the executives of Silicon Valley University and what are their salaries?
The average compensation at Silicon Valley University during 2022 was $101,701. There are 7 employees at Silicon Valley University.
There is 1 key member and their salary:
- Compensation: $635,000
- Related: $0
- Other: $0
Official website here: www.svuca.edu/
Where can I find the form 990 for Silicon Valley University?
Silicon Valley University's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.svuca.edu/
Learn more at the official website: www.svuca.edu/
Mission Statement of Silicon Valley University
Silicon Valley University, in its mission, is committed to delivering high-quality undergraduate and post-graduate curriculum. This nonprofit institution is dedicated to providing robust education programs in Computer Science and Computer Engineering, with the aim of preparing students to excel in the high-tech industry. As the university undergoes reorganization, it is poised to start enrolling students in these programs by 2022. Gaining recognition in the Silicon Valley, Silicon Valley University is acknowledged as one of the respected training institutes for producing proficient high-tech professionals.
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Impact
October, 2024
Silicon Valley University plays a significant role in the education landscape of San Jose, California, specifically catering to undergraduate and postgraduate students in Computer Science and Computer Engineering programs. As it undergoes reorganization and enhancement of its curriculum, the university is positioned to meet the demands of the high-tech industry, which is crucial in the heart of Silicon Valley.
Its recognition within the region as a solid training institution contributes to the development of skilled professionals who are equipped to innovate and lead in technology-driven fields. By focusing on quality education tailored to the needs of the tech sector, Silicon Valley University helps to foster a workforce that can tackle contemporary challenges and drive future advancements in technology. Thus, it significantly contributes to the local economy and the broader technological ecosystem.
This information is meant to be a general summary of Silicon Valley University. 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.
- Investment Income: $21,580
- Gross Receipts: $252,023
Assets and Liabilities:
- Total Assets: $27,944,875
- Total Liabilities: $169,746
- Net Assets: $27,775,129
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Organization Details
Founding Year
1997
Phone
(408) 813-2888Principal Officer
Jerry Shiao
Main Address
2010 FORTUNE DR, SAN JOSE, CA, 95131
Website
www.svuca.edu/NTEE Category
Code: B42 - Education
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