Second Harvest Of Silicon Valley
- Assets
- $189.6m
- Revenue
- $322.4m
- Investments
- $57.0m
- Employees
- 286
- Location
- San Jose, CA
- Founding
- 12/1979
- Data as of
- 06/2021
- EIN
- 94-2614101
Organization Overview
Second Harvest Of Silicon Valley is located in San Jose, CA. The organization was established in 1979. According to its NTEE Classification (K31) the organization is classified as: Food Banks & Pantries, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 06/2021, Second Harvest Of Silicon Valley employed 286 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Second Harvest 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, Second Harvest Of Silicon Valley generated $322.4m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 16.6% each year . All expenses for the organization totaled $278.7m during the year ending 06/2021. While expenses have increased by 14.7% 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.
Since 2015, Second Harvest Of Silicon Valley has awarded 1,854 individual grants totaling $954,942,464. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
MISSION: LEAD OUR COMMUNITY TO ENSURE THAT ANYONE WHO NEEDS A HEALTHY MEAL CAN GET ONE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leslie Bacho CEO | OfficerTrustee | 40 | $358,858 |
Catherine A Cvengros VP Of Development & Market | 40 | $260,176 | |
Noland Pierre Granberry Board Member (thru 6/22/21); CFO | OfficerTrustee | 40 | $241,230 |
Stanley Edde VP Of Operations | 40 | $237,049 | |
Bruno J Pillet VP Of Programs And Service | 40 | $203,772 | |
Barbara Wilets VP Of Human Resources | 40 | $195,092 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Express Services Inc Dba Express Employ Prof. Temp. Service Providers | 6/29/21 | $1,633,910 |
Lighthouse Management Group Inc Prof. Temp. Service Providers | 6/29/21 | $837,945 |
Admiral Security Services Inc Security Services | 6/29/21 | $870,060 |
Stone Publishing Inc Direct Mail And Database Consulting | 6/29/21 | $622,182 |
Heller Consulting It Consulting | 6/29/21 | $578,764 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $82,088,304 |
| All other contributions, gifts, grants, and similar amounts not included above | $237,298,300 |
| Noncash contributions included in lines 1a–1f | $198,781,880 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $319,386,604 |
| Total Program Service Revenue | $0 |
| Investment income | $1,538,505 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,344,384 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $322,406,704 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $111,889,056 |
| Grants and other assistance to domestic individuals. | $102,823,384 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $709,530 |
| Compensation of current officers, directors, key employees. | $350,294 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $21,224,158 |
| Pension plan accruals and contributions | $789,716 |
| Other employee benefits | $4,265,481 |
| Payroll taxes | $1,599,106 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,117 |
| Fees for services: Accounting | $103,589 |
| Fees for services: Lobbying | $68,059 |
| Fees for services: Fundraising | $1,043,474 |
| Fees for services: Investment Management | $471,389 |
| Fees for services: Other | $7,646,228 |
| Advertising and promotion | $488,894 |
| Office expenses | $5,448,960 |
| Information technology | $870,711 |
| Royalties | $0 |
| Occupancy | $5,210,445 |
| Travel | $33,081 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $21,842 |
| Interest | $0 |
| Payments to affiliates | $13,344 |
| Depreciation, depletion, and amortization | $2,608,647 |
| Insurance | $256,924 |
| All other expenses | $59,654 |
| Total functional expenses | $278,667,068 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $140,493 |
| Savings and temporary cash investments | $10,539,983 |
| Pledges and grants receivable | $3,158,158 |
| Accounts receivable, net | $65,030 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $7,123,508 |
| Prepaid expenses and deferred charges | $1,073,981 |
| Net Land, buildings, and equipment | $31,341,174 |
| Investments—publicly traded securities | $77,188,139 |
| Investments—other securities | $56,991,277 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,000,000 |
| Total assets | $189,621,743 |
| Accounts payable and accrued expenses | $7,934,543 |
| Grants payable | $0 |
| Deferred revenue | $229,141 |
| 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 | $8,163,684 |
| Net assets without donor restrictions | $177,372,136 |
| Net assets with donor restrictions | $4,085,923 |
| 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 | $189,621,743 |
Grants Awarded
Over the last fiscal year, Second Harvest Of Silicon Valley has awarded $111,889,056 in support to 203 organizations.
| Grant Recipient | Amount |
|---|---|
San Jose, CA PURPOSE: TO PREVENT HUNGER | $9,247,750 |
Gilroy, CA PURPOSE: TO PREVENT HUNGER | $8,359,258 |
San Jose, CA PURPOSE: TO PREVENT HUNGER | $6,730,849 |
San Jose, CA PURPOSE: TO PREVENT HUNGER | $5,515,867 |
San Mateo, CA PURPOSE: TO PREVENT HUNGER | $4,843,946 |
Santa Clara, CA PURPOSE: TO PREVENT HUNGER | $4,736,062 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Second Harvest Of Silicon Valley has recieved totaling $1,025.
| Awarding Organization | Amount |
|---|---|
Pirzada Family Foundation Fremont, CA PURPOSE: GENERAL & UNRESTRICTED | $1,025 |
Endowment Analysis
| Beg. Balance | $13,723,187 |
| Earnings | $3,630,172 |
| Net Contributions | $1,297,035 |
| Ending Balance | $18,650,394 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Second Harvest Of Silicon Valley San Jose, CA | $189,621,743 | $322,406,704 |
St Marys Food Bank Alliance Phoenix, AZ | $45,304,868 | $270,368,241 |
Los Angeles Regional Food Bank Los Angeles, CA | $140,676,925 | $249,591,297 |
San Francisco Food Bank San Francisco, CA | $124,390,885 | $199,043,432 |
Community Food Bank Inc Tucson, AZ | $56,197,038 | $127,317,393 |
Food Bank Contra Costa And Solano Concord, CA | $40,927,503 | $115,008,160 |
The Alameda County Community Food Bank Inc Oakland, CA | $89,275,765 | $124,289,684 |
Second Harvest Food Bank Of Orange County Inc Irvine, CA | $31,823,010 | $117,366,378 |
Jacobs & Cushman San Diego Food Bank San Diego, CA | $60,844,619 | $125,496,896 |
Cal Foods Logistics Pleasant Hill, CA | $45,666,138 | $100,118,693 |
Oregon Food Bank Inc Portland, OR | $88,735,569 | $106,442,657 |
California Association Of Food Banks Oakland, CA | $25,862,809 | $84,727,145 |