Breakthrough Silicon Valley FY2022 filing

Tax-deductible

San Jose, CA501(c)(3)EducationEIN 26-2168102

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To prepare academically motivated students with limited educational opportunities for success in rigorous college-preparatory high school programs and entry into four-year colleges and prepare high school and college students to enter careers in education.

501(c)(3) charity; gifts are tax-deductible.
74¢ of each $1 spent went to programs.
$259K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $73K a year · 3% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
74%
of spending
Fine: 74% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$259K
to officers and key staff · 14% of spending
Looks good: pay to officers and key staff is 14% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
14 mo
of spending, in cash
Looks good: 14.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $45K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$146K
6% of total assets
Looks good: liabilities are 6% of assets; 50% or less.
Pt X · Ln 26
Independent board members
19
of 19 voting members
Looks good: 19 of 19 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.1M
+40% vs prior year
Spent
$1.9M
To programs
74%
Net assets
$2.4M
By yearFY2021–FY2025
Revenue
$2.1M
FY2022▲ +40%
Revenue by fiscal year
FY2021$1.5M
FY2022$2.1M
FY2023$3.2M
FY2024$2.2M
FY2025$2.8M
Expenses
$1.9M
FY2022▲ +17%
Expenses by fiscal year
FY2021$1.6M
FY2022$1.9M
FY2023$2.5M
FY2024$2.9M
FY2025$3.2M
Net assets
$2.4M
FY2022▲ +10%
Net assets by fiscal year
FY2021$2.2M
FY2022$2.4M
FY2023$3.0M
FY2024$2.3M
FY2025$2.0M

From the FY2022 Form 990 (year ending May 2022) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 2009.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

74 cents of each dollar spent went to programs.

Program services 74% · $1.4M Management & general 10% · $183K Fundraising 16% · $311K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

20 people listed on the 990; $259K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Executive Director
$147,353Pt VII · Sec A
Senior Director of Program
$111,299Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

John Hiester’s $168K as Executive Director is at the 73rd percentile of top reported officer pay among 3394 $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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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Prepares motivated students for college and careers in education.

Provided by the organization

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3 program services account for $1.4M of program spending, described in the organization's own filed words · FY2021.
01

High School Program

In spring 2022, 72 BTSV students graduated high school. 93% enrolled into four-year universities, and the remainder enrolled in community colleges or trade school. In the 2021-2022 academic year, BTSV'S college pathways initiative, a seventh year of programming for BTSV graduates in their first year of college, was launched.

$694Kprogram expense
02

Middle School Year-Round Program

BTSV adapted to meet a surge in demand for tutoring (provided in-person and virtually in FY2022), and BTSV grew tutoring by over 20% over the prior year. BTSV has also adapted the content of tutoring to include not just academic subjects, but skills like organization, prioritization, and study SKILLS.WHICH are needed even more in…

$362Kprogram expense
03

Middle School Summer Program

In summer 2021, BTSV delivered a four-week program for BTSV'S rising 7TH, 8TH, and 9TH graders. Some 7TH and 8TH grade families opted into a fully in-person program, while our other middle schoolers and 9TH graders attended classes virtually, with optional in-person community-building days taking place once per week.

$354Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

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

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$2.1M
Ln 12
Gifts and grantsLn 1h$2.1M
Fees for servicesLn 2g$24K
Investment incomeLn 3$4K
Money outPt IX
$1.9M
Ln 25
Programscol B$1.4M
Managementcol C$183K
Fundraisingcol D$311K
Owns and owesPt X
$2.4M
net assets · Ln 32
Cash and savingsLn 1–2$2.3M
Total assetsLn 16$2.5M
LiabilitiesLn 26$146K
PeoplePt VI, VII
20
listed · VII A
PaidVII A2
Voting boardVI 1a19
IndependentVI 1b19
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.1M
Government grantsLn 1e$216K
Fundraising eventsLn 1c$699K
Fees for servicesLn 2g$24K
Investment incomeLn 3$4K
Total revenueLn 12$2.1M
Assets in detailPt X, end of year
CashLn 1$1.4M
SavingsLn 2$856K
Cash and savings togetherLn 1–2$2.3M
Total assetsLn 16$2.5M
LiabilitiesLn 26$146K
Net assetsLn 32$2.4M
OperationsPt I, VI
EmployeesI 534
VolunteersI 6262
Fiscal year endsHeaderMay
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$2.1M$2.3M
Total assetsLn 16$2.5M$2.5M
LiabilitiesLn 26$336K$146K
Net assetsLn 32$2.2M$2.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$21K$21K
Pay of current officers, directors and key staffLn 5$160K$88K$32K$40K
Other salaries and wagesLn 7$1.0M$795K$48K$161K
Pension plan contributionsLn 8$17K$15K$1K$382
Other employee benefitsLn 9$86K$66K$7K$14K
Payroll taxesLn 10$91K$69K$6K$15K
Accounting feesLn 11c$35K$503$35K
Professional fundraising feesLn 11e$63K$63K
Other fees for servicesLn 11g$85K$58K$27K
Advertising and promotionLn 12$5K$344$102$4K
Office expensesLn 13$41K$33K$3K$5K
InsuranceLn 23$27K$20K$4K$4K
Other expenses (24a–d)Ln 24$233K$230K$110$4K
All other expensesLn 24e$35K$15K$20K$210
Total functional expensesLn 25$1.9M$1.4M$183K$311K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $2.8M$3.2M−$396K$2.0M 990 PDF
FY2024 $2.2M$2.9M−$678K$2.3M 990 PDF
FY2023 $3.2M$2.5M$609K$3.0M 990 PDF
FY2022 Viewing $2.1M$1.9M$222K$2.4M 990 PDF
FY2021 $1.5M$1.6M−$121K$2.2M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (4 parts)
Part VIII · Statement of revenue $2,125,399 across 8 lines filed
VIII-1c Fundraising events$699,266
VIII-1e Government grants$216,308
VIII-1f All other contributions, gifts and grants$1,181,593
VIII-1h Total contributions, gifts and grants$2,097,167
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $24,000$24,000
VIII-3 Investment incomeExcluded from tax $4,232$4,232
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $24,000 · Unrelated business $0 · Excluded from tax $4,232$2,125,399
Part IX · Statement of functional expenses $1,903,275 across 14 lines filed
IX-2 Grants to domestic individualsPrograms $21,060$21,060
IX-5 Pay of current officers, directors and key staffPrograms $87,945 · Management $31,980 · Fundraising $39,975$159,900
IX-7 Other salaries and wagesPrograms $795,046 · Management $47,982 · Fundraising $160,768$1,003,796
IX-8 Pension plan contributionsPrograms $15,359 · Management $1,344 · Fundraising $382$17,085
IX-9 Other employee benefitsPrograms $65,640 · Management $6,668 · Fundraising $13,895$86,203
IX-10 Payroll taxesPrograms $69,183 · Management $6,170 · Fundraising $15,449$90,802
IX-11c Accounting feesPrograms $503 · Management $34,560$35,063
IX-11e Professional fundraising feesFundraising $63,451$63,451
IX-11g Other fees for servicesPrograms $57,791 · Management $27,004$84,795
IX-12 Advertising and promotionPrograms $344 · Management $102 · Fundraising $4,177$4,623
IX-13 Office expensesPrograms $32,841 · Management $2,971 · Fundraising $5,157$40,969
IX-23 InsurancePrograms $19,526 · Management $4,098 · Fundraising $3,679$27,303
IX-24 Other expenses (24a–d)Programs $229,730 · Management $110 · Fundraising $3,500$233,340
IX-24e All other expensesPrograms $14,820 · Management $19,855 · Fundraising $210$34,885
IX-25 Total functional expensesPrograms $1,409,788 · Management $182,844 · Fundraising $310,643$1,903,275
Part X · Balance sheet $2,523,941 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $1,283,923$1,446,916
X-2 Savings and temporary cash investmentsStart of year $855,516$855,747
X-3 Pledges and grants receivableStart of year $334,152$190,141
X-9 Prepaid expenses and deferred chargesStart of year $18,892$31,137
X-16 Total assetsStart of year $2,492,483$2,523,941
X-17 Accounts payable and accrued expensesStart of year $134,235$145,787
X-26 Total liabilitiesStart of year $336,453$145,787
X-27 Net assets without donor restrictionsStart of year $1,843,990$2,021,014
X-28 Net assets with donor restrictionsStart of year $312,040$357,140
X-32 Total net assets or fund balancesStart of year $2,156,030$2,378,154
X-33 Total liabilities and net assetsStart of year $2,492,483$2,523,941
Part XI · Reconciliation of net assets $2,378,154 net assets at year end
XI-1 Total revenue$2,125,399
XI-2 Total expenses$1,903,275
XI-3 Revenue less expenses$222,124
XI-4 Net assets at start of year$2,156,030
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,378,154

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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