Specialty Vehicle Institute Of America
- Assets
- $5.7m
- Revenue
- $3.9m
- Investments
- $0.0
- Employees
- 15
- Location
- Irvine, CA
- Founding
- 00/0000
- Data as of
- 12/2021
- EIN
- 33-0044256
Organization Overview
Specialty Vehicle Institute Of America is located in Irvine, CA. The organization was established in 0000. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 12/2021, Specialty Vehicle Institute Of America employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Specialty Vehicle Institute Of America is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Specialty Vehicle Institute Of America generated $3.9m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $3.3m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE ATV SAFETY, HELP DEVELOP VEHICLE STANDARDS, AND CONDUCT PUBLIC INFORMATION AND EDUCATION PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
REGION OPERATIONS PROGRAM - THE OBJECTIVE OF THE REGION OPERATIONS PROGRAM IS TO PROVIDE DEALER AND INSTRUCTOR SUPPORT SERVICES TO FACILITATE ENROLLMENT IN A NATIONWIDE ATV RIDERCOURSE PROGRAM.
RIDER TRAINING PROGRAM - THE OBJECTIVE OF THE RIDER TRAINING PROGRAM IS TO PROMOTE AND FACILITATE ENROLLMENT IN A NATIONWIDE "HANDS ON" ATV RIDERCOURSE PROGRAM.
GOVERNMENT RELATIONS PROGRAM - THE OBJECTIVE OF THE GOVERNMENT RELATIONS PROGRAM IS TO MONITOR LEGISLATIVE AND REGULATORY MATTERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ken Glaser Director, Special Projects | Officer | 5.63 | $110,118 |
Alexandre Borduas Chair | OfficerTrustee | 1 | $0 |
Colin Miller Vice Chair | OfficerTrustee | 1 | $0 |
Russ Brenan Secretary/treasurer | OfficerTrustee | 1 | $0 |
Erik Pritchard President & CEO | Officer | 9.37 | $0 |
Alexander Berger General Counsel | Officer | 7.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $3,895,353 |
| Investment income | $39,783 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $11,948 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,947,459 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $161,200 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $129,617 |
| Other salaries and wages | $1,375,589 |
| Pension plan accruals and contributions | $89,741 |
| Other employee benefits | $290,023 |
| Payroll taxes | $110,628 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,874 |
| Fees for services: Accounting | $12,513 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $204,486 |
| Advertising and promotion | $1,788 |
| Office expenses | $22,884 |
| Information technology | $140,651 |
| Royalties | $0 |
| Occupancy | $169,529 |
| Travel | $1,643 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,064 |
| Insurance | $137,808 |
| All other expenses | $6,801 |
| Total functional expenses | $3,293,455 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,323,848 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $206,625 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,950,000 |
| Inventories for sale or use | $86,794 |
| Prepaid expenses and deferred charges | $129,906 |
| Net Land, buildings, and equipment | $42,370 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,739,543 |
| Accounts payable and accrued expenses | $272,314 |
| Grants payable | $0 |
| Deferred revenue | $124,685 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $297,993 |
| Total liabilities | $694,992 |
| Net assets without donor restrictions | $5,044,551 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,739,543 |
Grants Awarded
Over the last fiscal year, Specialty Vehicle Institute Of America has awarded $321,741 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Irvine, CA PURPOSE: OFF HIGHWAY VEHICLE SAFETY SUPPORT | $230,000 |
Stillwater, OK PURPOSE: ATV SAFETY COURSES AND SAFETY INFORMATION | $91,741 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Duffield Family Foundation Pleasanton, CA | $258,368,317 | $20,065,038 |
American Indian Model Schools Oakland, CA | $18,645,472 | $19,971,757 |
Partnership For Los Angeles Schools Los Angeles, CA | $63,718,377 | $31,128,437 |
Hamburger Home Los Angeles, CA | $14,127,988 | $18,500,267 |
Arizona Agribusiness & Equine Center Phoenix, AZ | $41,363,992 | $18,352,142 |
Summit Public Schools Washington Redwood City, CA | $14,247,719 | $16,987,121 |
All For Health Health For All Inc Glendale, CA | $29,884,317 | $23,523,677 |
International Society For Technology In Education Portland, OR | $20,256,205 | $13,556,365 |
Northwest Christian School Phoenix, AZ | $14,587,608 | $15,711,697 |
Fit Kids Inc Scottsdale, AZ | $27,357,951 | $13,904,484 |
Oxford Preparatory Academy Aliso Viejo, CA | $8,703,539 | $15,190,265 |
Center For Academic Success Sierra Vista, AZ | $18,278,347 | $12,993,576 |