Overview
What is Silicon Valley Academy Project?
Silicon Valley Academy Project is a nonprofit organization located at 195 Leota Avenue, Sunnyvale, CA 95086. Their mission is to empower students, nurture their social-emotional growth, and instill a sense of service to society. As a full-time pre-kindergarten through 8th grade school, they offer a high-quality education with culturally relevant curriculum, professional development for teachers, and community outreach programs. The organization serves a diverse socio-economic community, providing tuition assistance to those in need. In the 2022-2023 school year, they moved to a larger campus, expanding their student body by 40% to 210 students. The new campus includes additional classrooms, a science lab, makerspace, and full-size gym, offering students opportunities to explore various skillsets and pursue their interests through clubs and athletic programs. In line with their mission, Silicon Valley Academy works in partnership with local non-profits, such as Rahima Foundation, to ensure equitable access to their top-tier education for all interested families. With the new science lab and makerspace, they encourage innovation and curiosity among students by providing them with 3-D printers, robotics kits, and other tools. The organization's growth has been substantial, experiencing a 35% increase in student body from the 2020-2021 to the 2021-2022 school years, followed by an additional 40% increase in the 2022-2023 school year.
Official website here: www,svaschool.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 52% (One-Star out of Four Stars)
The Silicon Valley Academy Project has received a low rating of 52% from Charity Navigator, indicating significant concerns regarding its governance and transparency. The organization has no independent board members, which raises questions about its accountability and oversight. Although it has a satisfactory program expense ratio of 89.38%, suggesting effective allocation of funds toward its mission, the lack of essential governance policies is a critical weakness.
Key strengths include a strong performance in asset management, with a liabilities to assets ratio of 11.99%, showcasing financial stability in that area. However, the absence of critical documents such as financial statements, board meeting minutes, and policies for conflict of interest and whistleblower protections severely impacts its credibility and trustworthiness. The organization needs to address these governance gaps to improve its standing.
Overall, while the Silicon Valley Academy Project shows promise in its programmatic spending, the lack of independent oversight and absence of fundamental governance documentation are significant limitations that need urgent attention to enhance its operational integrity and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Silicon Valley Academy Project legitimate?
Silicon Valley Academy Project is a legitimate nonprofit organization registered as a 501(c)(3) entity. Silicon Valley Academy Project 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: $723,026
For more financial information, click here
Official website here: www,svaschool.org
What is the mission statement of Silicon Valley Academy Project?
Silicon Valley Academy, as a pre-K through 8th grade school, is committed to empowering its students to reach their full potential. The academy nurtures their social-emotional growth and inspires a sense of service towards society. It provides a high-quality education, utilizing standards-based and culturally relevant curriculum. The staff receives continuous professional development opportunities. Furthermore, Silicon Valley Academy is dedicated to serving a diverse student body, offering financial assistance and scholarships to those in need. The academy also engages in community outreach programs.
Official website here: www,svaschool.org
Who is the CEO of Silicon Valley Academy Project?
Zeba Huq is the President of Silicon Valley Academy Project.
Official website here: www,svaschool.org
What is the revenue of Silicon Valley Academy Project?
Silicon Valley Academy Project's revenue in 2023 was $1,637,102.
Official website here: www,svaschool.org
Who are the executives of Silicon Valley Academy Project and what are their salaries?
There 10 volunteers at Silicon Valley Academy Project.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Official website here: www,svaschool.org
Where can I find the form 990 for Silicon Valley Academy Project?
Silicon Valley Academy Project's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www,svaschool.org
Learn more at the official website: www,svaschool.org
Mission Statement of Silicon Valley Academy Project
Silicon Valley Academy, a full-time educational institution catering to students from pre-kindergarten through 8th grade, is committed to empowering its students to reach their full potential. The academy fosters social-emotional growth and instills in its students a sense of responsibility towards serving society. By providing a high-quality, standards-based, and culturally relevant curriculum, Silicon Valley Academy strives to educate local youth effectively.
Furthermore, the academy recognizes the importance of continuous learning and development for its teachers and staff. Therefore, it offers professional development opportunities to ensure its faculty is equipped with the latest teaching methods and techniques. In addition to academic excellence, Silicon Valley Academy is dedicated to serving a socio-economically diverse student body. It extends tuition assistance and scholarships to students in need, thereby ensuring that no deserving child is left behind due to financial constraints.
In summary, Silicon Valley Academy, through its mission, aims to nurture well-rounded individuals who are not only academically sound but also have a strong sense of social responsibility. It achieves this by providing a high-quality education, fostering professional development, and offering financial aid to students in need.
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Impact
July, 2024
Silicon Valley Academy Project's impact can be seen in the significant growth and expansion of its services and facilities. The academy has been successful in empowering students to reach their highest potential through its mission of nurturing social-emotional growth and fostering a commitment to serve society. With a 40% increase in enrollment from the 2021-2022 to the 2022-2023 school years, Silicon Valley Academy is providing a high-quality education to an even larger number of local youth.
The introduction of a new, larger campus with enhanced facilities like a science lab, makerspace, and gym has allowed Silicon Valley Academy to offer a more comprehensive educational experience. Students now have access to advanced tools such as 3-D printers and robotics kits, enabling them to develop a diverse range of skills and fostering innovation. Additionally, partnerships with local organizations have expanded the academy's after-school enrichment and athletic programs, providing students with more opportunities for growth and development.
Furthermore, Silicon Valley Academy's commitment to serving a socio-economically diverse student body is exemplified through its provision of tuition assistance and scholarships to students in need. By partnering with other non-profit organizations, the academy ensures that all families have equitable access to its top-tier education.
Overall, Silicon Valley Academy Project's impact can be seen in its dedication to empowering students, facilitating their educational and personal growth, and fostering a sense of social responsibility within the community.
This information is meant to be a general summary of Silicon Valley Academy Project. 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 2023.
- Investment Income: $3,193
- Program Service Revenue: $1,365,284
- Gross Receipts: $1,637,102
Assets and Liabilities:
- Total Assets: $1,477,079
- Total Liabilities: $177,113
- Net Assets: $1,299,966
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REGISTRATION
Revenue
$30,847
TUITION
Revenue
$1,334,437
Organization Details
Founding Year
2003
Phone
(408) 243-9333Principal Officer
Zeba Huq
Main Address
195 Leota Avenue, Sunnyvale, CA, 95086
Website
www,svaschool.orgNTEE Category
Code: B20 - Education
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