German School Of Silicon Valley
- Assets
- $14.0m
- Revenue
- $15.8m
- Investments
- $0.0
- Employees
- 168
- Location
- Mountain View, CA
- Founding
- 09/2000
- Data as of
- 06/2021
- EIN
- 77-0530703
Organization Overview
German School Of Silicon Valley is located in Mountain View, CA. The organization was established in 2000. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2021, German School Of Silicon Valley employed 168 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. German 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 06/2021, German School Of Silicon Valley generated $15.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $15.2m during the year ending 06/2021. While expenses have increased by 1.9% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
GERMAN INTERNATIONAL SCHOOL OF SILICON VALLEY (THE "SCHOOL") PROVIDES GERMAN GOVERNMENT-ACCREDITED ELEMENTARY AND SECONDARY EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SCHOOL IS A PRIVATE, NON-PROFIT, COEDUCATIONAL SCHOOL FOUNDED IN 1999 IN MOUNTAIN VIEW, CALIFORNIA, OFFERING A MULTILINGUAL, MULTICULTURAL EDUCATION TO STUDENTS FROM PRE-SCHOOL THROUGH 12TH GRADE. MEETING THE STRICT ACCREDITATION REQUIREMENTS OF THE WESTERN ASSOCIATION OF SCHOOLS AND COLLEGES (WASC) AS WELL AS THE GERMAN GOVERNMENT, THE SCHOOL IS THE ONLY INSTITUTION IN THE WESTERN PART OF THE UNITED STATES TO OFFER DUAL DIPLOMAS UPON GRADUATION, THE GERMAN INTERNATIONAL ABITUR (DIAP), AS WELL AS THE CALIFORNIA HIGH SCHOOL DIPLOMA-QUALIFYING GRADUATES FOR ACCEPTANCE INTO THE BEST AMERICAN AND EUROPEAN UNIVERSITIES.WITH TWO LOCATIONS THROUGHOUT THE SAN FRANCISCO BAY AREA (MOUNTAIN VIEW AND SAN FRANCISCO) THE SCHOOL CURRENTLY SERVES THE NEEDS OF APPROXIMATELY 460 STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cornelia Bohle-Neubrand President | OfficerTrustee | 10 | $0 |
Dr Horst Groesser Vice-President | OfficerTrustee | 5 | $0 |
Kareen Weissenberg Treasurer | OfficerTrustee | 5 | $0 |
Holger Ippach Vice Treasurer | OfficerTrustee | 5 | $0 |
Mark Van DE Wiel Secretary | OfficerTrustee | 5 | $0 |
Berna Nicklisch Vice Secretary | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,612,016 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $800,731 |
| 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 | $15,770,684 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $1,605,735 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $489,517 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,791,097 |
| Pension plan accruals and contributions | $112,934 |
| Other employee benefits | $488,972 |
| Payroll taxes | $519,122 |
| Fees for services: Management | $97,903 |
| Fees for services: Legal | $66,409 |
| Fees for services: Accounting | $53,461 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,921 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $3,384,990 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $42,282 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $927,118 |
| Insurance | $79,896 |
| All other expenses | $0 |
| Total functional expenses | $15,208,708 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,286,238 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $161,941 |
| Accounts receivable, net | $147,682 |
| 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 | $132,639 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $206,961 |
| Total assets | $13,978,522 |
| Accounts payable and accrued expenses | $816,353 |
| Grants payable | $0 |
| Deferred revenue | $1,300,020 |
| 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 | $794,367 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,035,747 |
| Total liabilities | $4,946,487 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $9,032,035 |