Silicon Valley Chinese Association Foundation
- Assets
- $80.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fremont, CA
- Founding
- 10/2015
- Data as of
- 12/2023
- EIN
- 47-3798752
Organization Overview
Silicon Valley Chinese Association Foundation is located in Fremont, CA. The organization was established in 2015. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Silicon Valley Chinese Association Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Silicon Valley Chinese Association Foundation generated $17.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (21.2%) each year. All expenses for the organization totaled $16.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (13.3%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
ORGANIZE AN ANNUAL SUMMER RAFTING EVENT AS COMMUNITY OUTREACH TO GET TO KNOW EACH OTHER AND EXCHANGE INFORMATION ABOUT ISSUES IMPORTANT FOR EACH OTHER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Xu President | 5 | $0 | |
Jeff Tang Vice President | 5 | $0 | |
Bu He Vice President | 5 | $0 | |
Cheny Gao Secretary | 5 | $0 | |
Jenny Yuan Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,523 |
| Total Program Service Revenue | $9,329 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $17,852 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,400 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $12,351 |
| Total expenses | $16,451 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $80,333 |
| Other assets | $0 |
| Total assets | $80,333 |
| Total liabilities | $0 |
| Net assets or fund balances | $80,333 |