San Ramon Valley Education Foundation
- Assets
- $204.8k
- Revenue
- $255.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Alamo, CA
- Founding
- 03/1998
- Data as of
- 06/2023
- EIN
- 65-1162840
Organization Overview
San Ramon Valley Education Foundation is located in Alamo, CA. The organization was established in 1998. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. San Ramon Valley Education 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 06/2023, San Ramon Valley Education Foundation generated $255.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $262.2k during the year ending 06/2023. While expenses have increased by 0.6% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
STONE VALLEY MIDDLE SCHOOL EDUCATION FUND IS A NON-PROFIT ENTITY DEDICATED TO RAISING FUNDS, THROUGH THE COLLABORATION OF PARENTS, EDUCATORS AND THE COMMUNITY, TO MAINTAIN AND ENHANCE THE QUALITY OF EDUCATION AND THE ENVIRONMENT FOR EVERY STUDENT AT STONE VALLEY MIDDLE SCHOOL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STONE VALLEY EDUCATION FUND (SVEF) RAISES FUNDS FROM PARENTS (ALONG WITH SOME MATCHING CORPORATE FUNDS) AND REMITS PAYMENTS TO THE SAN RAMON VALLEY UNIFIED SCHOOL DISTRICT IN ORDER TO "PURCHASE" CLASS SECTIONS FROM THE SCHOOL DISTRICT. THIS ENABLES SVEF TO ENHANCE THE LEARNING EXPERIENCE FOR STUDENTS BY PROVIDING SMALLER CLASS SIZES FOR CERTAIN CORE AND GRADE LEVEL CURRICULUM.
MONIES RAISED BY THE SVEF FUNDRAISING EVENTS AND E-FUNDRAISING GO TO PROVIDE COMPUTERS & SOFTWARE FOR THE STONE VALLEY MIDDLE SCHOOL TECH LAB, NEW BOOKS FOR THE LIBRARY, SCHOOL CURRICULUM, SUPPLIES & LEASE PAYMENTS FOR THE SCHOOL'S COPY MACHINE AND CLASSROOM FUNDS.
THE SVEF SUPPORTS SEVERAL ACTIVITIES OUTSIDE OF REGULAR SCHOOL HOURS FOR STUDENT AND/OR PARENT PARTICIPATION AND FOR THE PROMOTION OF SCHOOL UNITY. SUCH ACTIVITIES INCLUDE FALL EVENT, SPRING EVENT, FITNESS CHALLENGE, AND OTHER EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Coburn President | OfficerTrustee | 4 | $0 |
Will Gamarra Treasurer | OfficerTrustee | 4 | $0 |
Liz Yuan Corp Matching | Trustee | 4 | $0 |
Melissa Mann Fin'l Secretary | Trustee | 4 | $0 |
Jessica O'mahony Secretary | OfficerTrustee | 4 | $0 |
Cori Phillips Fundraising Co | Trustee | 4 | $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 | $255,873 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $255,873 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $255,873 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $251,448 |
| 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 | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $645 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $550 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $430 |
| All other expenses | $170 |
| Total functional expenses | $262,151 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $200,315 |
| Savings and temporary cash investments | $4,447 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $204,762 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $51,952 |
| 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 | $0 |
| Total liabilities | $51,952 |
| Net assets without donor restrictions | $152,810 |
| 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 | $204,762 |
Grants Awarded
Over the last fiscal year, San Ramon Valley Education Foundation has awarded $243,947 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SRV UNIFIED SCHOOL DIS PURPOSE: Class Size Reduction | $221,112 |
SRV UNIFIED SCHOOL DIS PURPOSE: Duplicating Costs | $22,835 |