Silicon Valley Robotics
- Assets
- $17.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Oakland, CA
- Founding
- 06/2014
- Data as of
- 12/2023
- EIN
- 45-5486641
Organization Overview
Silicon Valley Robotics is located in Oakland, CA. The organization was established in 2014. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Silicon Valley Robotics is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Silicon Valley Robotics generated $60.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.7%) each year. All expenses for the organization totaled $61.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (10.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
SILICON VALLEY ROBOTICS IS A CLUSTER ORGANIZATION DEDICATED TO SUPPORTING THE INNOVATION AND COMMERCIALIZATION OF ROBOTICS TECHNOLOGIES. WE WERE STARTED BY ROBOTICS AND AI COMPANIES IN THE GREATER BAY AREA TO GROW THE LOCAL ROBOTICS ECOSYSTEM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andra Keay Secretary | 10 | $0 | |
Alex Kernbaum President | 10 | $0 | |
Ryan Kelly Vice President | 10 | $0 | |
Andrew Etherington Treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,360 |
| Total Program Service Revenue | $0 |
| Membership dues | $58,791 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $60,151 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $4,509 |
| Occupancy, rent, utilities, and maintenance | $9,000 |
| Printing, publications, postage, and shipping | $9,118 |
| Other expenses | $38,326 |
| Total expenses | $60,953 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $13,091 |
| Other assets | $0 |
| Total assets | $17,808 |
| Total liabilities | $5,196 |
| Net assets or fund balances | $12,612 |