Breakthrough Silicon Valley EIN 26-2168102 Form 990 (PDF) Claim this org

Breakthrough Silicon Valley

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Prepares motivated students for college and careers in education. For fiscal year 2025 it reported $2.8M in revenue, $3.2M in expenses, and $2.0M in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
San Jose, CA
Website
www.breakthroughsv.org
Filings
5 on file (2021–2025)
Revenue
$2.8MFY2025
Expenses
$3.2M
Net assets
$2.0M
People
20
Filings
5
Updates
0
More identity details & actions ⌄
EIN  26-2168102 Public charity (501(c)(3)) San Jose, CA
Form 990 (PDF)
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Figures match the IRS filing checked 8/31/26 · see original: IRS
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Size
$1–10M
What they do
Prepares motivated students for college and careers in education.
Leadership
John Hiester · Executive Director · $168K
Money in and out
$2.8M revenue, $3.2M expenses
Bottom line
67% program efficiency
Where the money goes · FY2025
Total revenue
$2.8M
Pt VIII · Ln 12
Total expenses
$3.2M
Pt IX · Ln 25
Net assets
$2.0M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$396K
Where spending went · Part IX cols B–D
Program services $0.67 Management & general $0.17 Fundraising $0.16
Program efficiency
67%
of spending reaches programs▼ -6% vs prior filing year
Operating runway
6.4mo
months of highly liquid reserves at operating expense rate▼ -14% vs prior filing year
Surplus margin
-14%
revenue over expenses, this year▲ +53% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$2.8M
FY2025▲ +24%
Expenses
$3.2M
FY2025▲ +9%
Total assets
$2.2M
FY2025▼ -15%
Total liabilities
$180K
FY2025▼ -5%
Total revenue
$2.8M
Pt VIII · Ln 12
Total expenses
$3.2M
Pt IX · Ln 25
Net assets
$2.0M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$396K
Total assetsPt X · Ln 16$2.2M
Program-expense ratioPt IX · col B67%
Voting members of governing bodyPt I · Ln 317
Independent voting membersPt I · Ln 417

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBreakthrough Silicon Valley
EINHdr · item D26-2168102
Principal addressHdr · item CSan Jose, CA
WebsiteHdr · item Jwww.breakthroughsv.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B90)
Ruling yearIRS BMFApr 2009

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a17
Independent voting membersPt VI · Ln 1b17
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Executive Director
$168,128Pt VII · Sec A
Vice President of Developm
$155,547Pt VII · Sec A
Senior Director of Program
$120,489Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

John Hiester’s $168K as Executive Director is at the 73rd percentile of top reported officer pay among 3392 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
John Hiester$168,128$166,723$161,512$147,353$138,716
Tamaya Garcia$155,547$145,564$126,960
Kit Yip Fong$120,489$133,054$119,160$111,299$106,861

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

3 program services account for $2.1M of program spending, described in the organization's own filed words · FY2024.
01

7-9TH grade summer program - in summer 2024, BTSV delivered a rigorous academic program for rising 7TH-9TH grade students. The program served 242 students, a 20% increase over 2023, and provided intensive math, literacy, and college readiness support.

$1.0Mprogram expense
02

High School and Alumni Program

During FY25, BTSV provided year-round after-school programming, one-on-one advising, college readiness workshops, and family engagement events to 477 students in grades 712. In spring 2025, 78 students graduated from BTSV'S high school program.

$770Kprogram expense
03

Middle School School Year Program

Across the 2024-25 school year, BTSV supported middle school students through after-school programming, one-on-one advising, college readiness workshops, and family engagement events. The program builds skills, confidence, and academic preparedness for first-generation students, helping them stay on track for high school and long-term…

$348Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$2.7M · 98%
Investment income$49K · 2%
Contributions & grants98%$2.7M
Investment income2%$49K
— government grantsLn 1e$496K
Total revenueLn 12$2.8M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.67 Management & general $0.17 Fundraising $0.16
Program services67%$2.1M
Management & general17%$547K
Fundraising16%$500K
Total functional expensesLn 25$3.2M

Balance Sheet

Part X · end of year
CashLn 1$410K
Total assetsLn 16$2.2M
Total liabilitiesLn 26$180K
Total net assetsLn 32$2.0M
Months of cash on handcomputed1.5

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.7M · Operating expenses (Pt IX) $3.2M · Less non-cash grants $11K · Cash operating expenses/yr $3.2M
6.4 months
Where the money goes
Program services
Program services $2.1M · Total expenses $3.2M
67%
Management & General
Management & general $547K · Total expenses $3.2M
17%
Fundraising
Fundraising $500K · Total expenses $3.2M
16%
Cost to raise $1
Fundraising expense (3-yr avg) $418K · Solicited contributions (3-yr avg) $2.3M
$0.18 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $2.7M · Total revenue $2.8M
98%
Government reliance
Government grants $496K · Total revenue $2.8M
18%
Earned-income share
Program service revenue $0 · Total revenue $2.8M
0%
Investment reliance
Investment income $49K · Total revenue $2.8M
+2%
Program self-sufficiency
Program service revenue $0 · Total expenses $3.2M
0%
Growth & trend
Revenue growth (YoY)
This year $2.8M · Prior year $2.2M
+24%
Revenue CAGR
FY2020 $1.5M · FY2024 $2.8M
+17%
Net-asset trend (YoY)
End of year $2.0M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $2.8M · Expenses $3.2M
-14%
Liabilities-to-Assets
Total liabilities — · Total assets $2.2M
Net-asset ratio
Net assets $2.0M · Total assets $2.2M
92%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $1.3M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $2.2M
59%
People & payroll
Highest Reported Total Compensation
Individual John Hiester · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $168K · Total expenses $3.2M
5%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $2.0M · Total expenses $3.2M
63%
Fundraising vendors
Fundraiser cost ratio
Paid to fundraisers $68K · Gross raised $1.4M
5%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 67%
Overhead ratio 17%
Fundraising cost ratio 18%
Revenue growth 24%
Investment management fee ratio 0.4%
Legal fee ratio 0.03%
Accounting fee ratio 2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$45K
Grants paid · 5 grants · $199K · 2020–2024
Unitemized GrantFY2024$21,735
Unitemized GrantFY2023$60,250
Unitemized GrantFY2022$80,570
Unitemized GrantFY2021$21,060
Unitemized GrantFY2020$15,251

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$2.8M revenue · viewing · ⤓ 990 PDF
FY2024$2.2M revenue · ⤓ 990 PDF
FY2023$3.2M revenue · ⤓ 990 PDF
FY2022$2.1M revenue · ⤓ 990 PDF
FY2021$1.5M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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