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Breakthrough Silicon Valley

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 262168102 ✦ San jose, CA ✦ Designated as a 501(c)(3)

Overview

What is Breakthrough Silicon Valley?

Breakthrough Silicon Valley is a nonprofit organization situated in San Jose, California. Their primary mission is to empower academically driven students from underprivileged backgrounds, providing them with the necessary skills to excel in rigorous college-preparatory high school programs and eventually gain admission into four-year universities. Beyond high school, Breakthrough Silicon Valley supports its graduates through their first year of college, offering resources such as peer mentoring, microgrants, and a planned retreat for rising freshmen. Their ultimate objective is to inspire talented high school and college students to pursue careers in education. In the Spring of 2022, 72 students from Breakthrough Silicon Valley successfully graduated from high school. Nearly 93% of these graduates enrolled in four-year universities, with the remaining students opting for community colleges or trade schools.


Official website here: www.breakthroughsv.org

Is Breakthrough Silicon Valley legitimate?

Breakthrough Silicon Valley is a legitimate nonprofit organization registered as a 501(c)(3) entity. Breakthrough Silicon Valley submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $159,900
Professional Fundraising Fees: $63,451
Other Salaries and Wages: $1,003,796

For more financial information, click here


Official website here: www.breakthroughsv.org

What is the mission statement of Breakthrough Silicon Valley?

Breakthrough Silicon Valley's mission is multifaceted, aimed at serving two primary objectives. Firstly, it strives to prepare academically motivated middle and high school students with limited educational opportunities for success in rigorous college-preparatory high school programs and four-year colleges. Secondly, it aims to inspire outstanding high school and college students to pursue careers in education. This organization is committed to fostering academic growth and career aspirations among its students, ensuring they have the necessary skills and motivation to excel in higher education and education-related fields.


Official website here: www.breakthroughsv.org

Who is the CEO of Breakthrough Silicon Valley?

Ellen Lintz Dempsey is the Treasurer of Breakthrough Silicon Valley.


Official website here: www.breakthroughsv.org

What is the revenue of Breakthrough Silicon Valley?

Breakthrough Silicon Valley's revenue in 2022 was $2,125,399.


Official website here: www.breakthroughsv.org

Who are the executives of Breakthrough Silicon Valley and what are their salaries?

The average compensation at Breakthrough Silicon Valley during 2022 was $34,226. There are 34 employees and 262 volunteers at Breakthrough Silicon Valley.

Here are 20 key members and their salaries:

    John Hiester (Executive Director)
  • Compensation: $147,353
  • Related: $0
  • Other: $26,085

    • Kit Yip Fong (Senior Director Of Program)
  • Compensation: $111,299
  • Related: $0
  • Other: $26,000

    • Mark Asher (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ellen Lintz Dempsey (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christine Kennedy (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Courtney Monk (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Leniece Flowers Brissett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rita Chen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bianca Fischli (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ramon Garcia Gomez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christina Lai (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Greg Leung (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eric Manuevo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rodney Ogawa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Candice Brown Pacheco (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Griselda Panozo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Allison Railo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Suchitra Subrahmanyan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sherice Torres (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jessica Wenzel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.breakthroughsv.org

    Where can I find the form 990 for Breakthrough Silicon Valley?

    The Breakthrough Silicon Valley’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.breakthroughsv.org

    Learn more at the official website: www.breakthroughsv.org

    Mission Statement of Breakthrough Silicon Valley

    Breakthrough Silicon Valley, a nonprofit organization, is committed to a two-fold mission. Initially, it aims to prepare academically motivated middle and high school students with limited educational opportunities for success in rigorous college-preparatory high school programs and entry into four-year colleges. Secondly, the organization strives to inspire outstanding high school and college students to enter careers in education.

    In essence, Breakthrough Silicon Valley serves as a bridge between underprivileged students and challenging academic environments, equipping them with the necessary skills and mindset to excel in college and beyond. The organization's mission is not just about academic success, but also about fostering a new generation of educators who can contribute positively to the educational system.

    The high school program of Breakthrough Silicon Valley has proven to be successful. In the spring of 2022, 72 students graduated from high school, with a remarkable 93% enrolling in four-year universities. The remaining students opted for community colleges or trade schools. The organization also launched its College Pathways Initiative, a program designed to support its graduates during their first year of college. This initiative includes pairing students with peer monitors, distributing microgrants, and planning an inaugural retreat for rising college freshmen. By doing so, Breakthrough Silicon Valley is not only preparing students for college but also ensuring their smooth transition into higher education.

    Impact

    This information is meant to be a general summary of Breakthrough Silicon Valley. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Breakthrough Silicon Valley's impact can be seen in the success of its students. In the most recent data available, 93% of Breakthrough Silicon Valley students enrolled in four-year universities after graduating high school. This demonstrates the organization's effectiveness in preparing academically motivated students with limited educational opportunities for success in rigorous college-preparatory programs and entry into higher education. Additionally, through initiatives like the College Pathways Initiative, Breakthrough Silicon Valley continues to support its graduates as they navigate their first year of college, providing mentorship, financial assistance, and additional resources to help ensure their continued success. Overall, Breakthrough Silicon Valley's work is helping to inspire and empower students to achieve their academic and career goals in the field of education.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $4,232
  • Program Service Revenue: $24,000
  • Gross Receipts: $2,152,053

    • Assets and Liabilities:
  • Total Assets: $2,523,941
  • Total Liabilities: $145,787
  • Net Assets: $2,378,154
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    PROGRAM INCOME

    Revenue

    $24,000

    Organization Details

    Founding Year

    2007

    Principal Officer

    Ellen Lintz Dempsey

    Main Address

    1635 PARK AVENUE, SAN JOSE, CA, 951262123

    NTEE Category

    Code: B90 - Education

    If you are a representative of Breakthrough Silicon Valley and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.