French American School Of Silicon Valley
- Assets
- $10.3m
- Revenue
- $4.8m
- Investments
- $4.8m
- Employees
- 56
- Location
- Sunnyvale, CA
- Founding
- 06/1995
- Data as of
- 07/2022
- EIN
- 77-0315997
Organization Overview
French American School Of Silicon Valley is located in Sunnyvale, CA. The organization was established in 1995. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 07/2022, French American School Of Silicon Valley employed 56 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. French American School Of Silicon Valley 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 07/2022, French American School Of Silicon Valley generated $4.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $4.4m during the year ending 07/2022. While expenses have increased by 3.2% per year over the past 6 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE STUDENTS WITH AN ACADEMICALLY EXCELLENT BILINGUAL AND BICULTURAL EDUCATION WHICH EMPOWERS THEM TO SUCCEED IN BOTH THE FRENCH AND AMERICAN EDUCATION SYSTEMS AND TO FULLY REALIZE THEIR POTENTIAL AS GLOBAL CITIZENS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SCHOOL PROVIDES INDEPENDENT CO-EDUCATIONAL SERVICES TO APPROXIMATELY 180 STUDENTS OFFERING BILINGUAL (ENGLISH/FRENCH) EDUCATION FOR PRE-SCHOOL, PRE-KINDERGARTEN, KINDERGARTEN AND ELEMENTARY GRADES.
DAY CARE - THE SCHOOL TYPICALLY PROVIDES AN AFTER-SCHOOL DAYCARE PROGRAM FOR WORKING PARENTS, AND IN ADDITION, PROVIDES AN AFTER-SCHOOL STUDY HALL, ETC. (FOR THE 2020-2021 ACADEMIC YEAR, THIS MAY CHANGE, SUBJECT TO SANTA CLARA COUNTY REQUIREMENTS SURROUNDING COVID-19 SAFETY PROTOCOLS.) A TOTAL OF 120 STUDENTS WERE SERVED.
PARENTS TEACHER ASSOCIATION - PTA IS THE MAIN SCHOOL-SPONSORED PARENT GROUP AND IS DESIGNED TO ENRICH THE SCHOOL EXPERIENCE OF ALL CHILDREN THROUGH PROGRAMS THAT SUPPORT OR COMPLEMENT THE MANY ACTIVITIES AT FASSV.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pierre-Ludovic Perrot Former Head Of School (left 7/2021) | 40 | $182,285 | |
Martine Trusz Head Of School | Officer | 40 | $168,854 |
Laurel Maguire Director Of Finance And Operations | Officer | 40 | $134,152 |
Tiffany Hardegen Assistant Head Of School | Officer | 40 | $123,631 |
Sebastien Roguiez Program/it Director | 40 | $100,999 | |
Pete Woodhouse Board President (left 12/2021) | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $600 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $15,555 |
| Noncash contributions included in lines 1a–1f | $555 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,155 |
| Total Program Service Revenue | $4,649,221 |
| Investment income | $97,421 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $50 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$1,832 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,818,533 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $32,900 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $519,034 |
| Compensation of current officers, directors, key employees. | $386,998 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,083,860 |
| Pension plan accruals and contributions | $58,467 |
| Other employee benefits | $248,624 |
| Payroll taxes | $192,784 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,601 |
| Fees for services: Accounting | $50,630 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $21,066 |
| Advertising and promotion | $17,938 |
| Office expenses | $27,986 |
| Information technology | $102,967 |
| Royalties | $0 |
| Occupancy | $674,939 |
| Travel | $971 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,296 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $70,909 |
| Insurance | $67,999 |
| All other expenses | $7,935 |
| Total functional expenses | $4,441,494 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,309,875 |
| Savings and temporary cash investments | $324,381 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,127 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $4,435 |
| Prepaid expenses and deferred charges | $12,337 |
| Net Land, buildings, and equipment | $831,740 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $4,772,380 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $44,963 |
| Total assets | $10,307,238 |
| Accounts payable and accrued expenses | $185,385 |
| Grants payable | $0 |
| Deferred revenue | $3,399,200 |
| 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 | $3,584,585 |
| Net assets without donor restrictions | $6,720,428 |
| Net assets with donor restrictions | $2,225 |
| 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 | $10,307,238 |