Santa Visits Alviso Foundation
- Assets
- $1.1m
- Revenue
- $273.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Alviso, CA
- Founding
- 04/2005
- Data as of
- 12/2022
- EIN
- 81-0656582
Organization Overview
Santa Visits Alviso Foundation is located in Alviso, CA. The organization was established in 2005. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Santa Visits Alviso 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 12/2022, Santa Visits Alviso Foundation generated $273.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 25.6% each year . All expenses for the organization totaled $164.3k during the year ending 12/2022. While expenses have increased by 11.5% per year over the past 4 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
PROVIDES EDUCATIONAL OPPORTUNITIES AND PROGRAMS TO THE ALVISO COMMUNITY INCLUDING STUDENT SCHOLARSHIPS, SUMMER EDUCATIONAL PROGRAMS FOR STUDENTS, A SUMMER READING PROGRAM AT THE ALVISO LIBRARY, FREE SUMMER SWIMMING FOR ALVISO CHILDREN, AND OUR ANNUAL CHRISTMAS PROGRAM FOR ALVISO STUDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SVAF SCHOLARSHIP PROGRAM GRANTED SCHOLARSHIPS TO 24 STUDENTS IN 2022. FUNDS PAID FOR: TUITION, BOOKS, FEES, AND OTHER RELATED EDUCATIONAL EXPENSES. GRANTS ARE PAID IN TWO INSTALLMENTS, WITH THE INITIAL PAYMENT AT THE BEGINNING OF THE SCHOOL YEAR AND THE SECOND PAYMENT MID-YEAR AFTER REVIEWING STUDENT PROGRESS AND GRADES. APPLICANTS FOR A GRANT MUST COMPLETE AN APPLICATION, OBTAIN TWO REFERENCE LETTERS, COMPLETE AN ESSAY ON THEIR EDUCATIONAL GOALS AND BE INTERVIEWED BY THE SVAF BOARD OR A BOARD MEMBER SELECTED BY THE BOARD. THE SELECTED PERSON MAKES THE FINAL DECISION FOR GRANTING A SCHOLARSHIP. THE PROGRAM DOES NOT SEEK STUDENTS WITH THE HIGHEST GRADES AND ACHIEVEMENTS, RATHER PROVIDES SCHOLARSHIP GRANTS FOR STUDENTS LOOKING FOR THE OPPORTUNITY TO IMPROVE THEMSELVES.
(1)SUMMER READING PROGRAM AT ALVISO COMMUNITY LIBRARY $4,255 (2) COMPASS POINT CLASS MENTORING PROGRAM FOR ALVISO STUDENTS $5,000
SVAF CONDUCTED A DRIVE THRU FOR ALL STUDENTS WHO ATTEND GEORGE MAYNE ELEMENTARY SCHOOL IN ALVISO. A $50 TARGET GIFT CARD WAS HANDED OUT TO EACH FAMILY. ALSO, THIS YEAR SECOND HARVEST WAS PRESENT AND WAS HANDING OUT FROZEN TURKEYS. $250 GIFT CARDS WERE HANDED OUT TO FAMILIES BY SANTA CLAUS AND MRS. CLAUS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Santos Chairman | OfficerTrustee | 10 | $0 |
Michael J Gross Board Member | Trustee | 10 | $0 |
Judy Santiago Founder | Trustee | 20 | $0 |
Mark Wagner Board Member | OfficerTrustee | 2 | $0 |
Rolane Santos Secretary | OfficerTrustee | 2 | $0 |
Ted Lopez Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,151 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $162,414 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $163,565 |
| 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 | $273,164 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $149,505 |
| 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 | $0 |
| 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 | $13,144 |
| Information technology | $428 |
| 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 | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,244 |
| All other expenses | $0 |
| Total functional expenses | $164,321 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $82,360 |
| Savings and temporary cash investments | $802,523 |
| 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 | $179,346 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,064,229 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $1,064,229 |
| 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 | $1,064,229 |