SCVAS Annual Report
The SCVAS Annual Report for Fiscal Year 2021-2022 is now available! You can also check out last year’s Financial Report.
Fiscal Year 2021-2022 Summary
These charts are also found in our Annual Report.
Notes on Fiscal Year 2021-2022
Santa Clara Valley Audubon Society (SCVAS) ended the 2021 – 2022 fiscal year (June 1, 2021 to May 31, 2022) with a realized profit of $90,805 before taking into consideration unrealized losses on the organization’s investment portfolio. Like many organizations, we saw the value of our investment portfolio decline
this fiscal year. We continually monitor our portfolio and make adjustments as necessary to the asset allocation. We believe our portfolio is well-balanced overall and conservative. However, due to the adverse market conditions this year, our investment portfolio generated unrealized losses and we thus ended the year with a decrease in Net Assets of $88,893. When compared to the prior fiscal year, revenue from Donations was up by 23% and revenue from Grants & Contracts was up by 26%. Total Operating Expenses increased by 16% when compared to the prior fiscal year. Our ratio of program expenditures to total spending was 87% for the year up from 85% in the prior year. The organization continues to be very focused on devoting its resources to programs. Fundraising expense was just under 4% for the year which was slight reduction from the prior year. Our Balance Sheet continues to be strong with $1.6 million in Total Equity at May 31, 2022, a slight reduction of 5% from the balance in Total Equity at May 31, 2021 due to the unrealized losses in the investment portfolio.
Santa Clara Valley Audubon Society is headquartered in Cupertino, CA, has
an Employer Identification Number (EIN) of 94-6081420, and is an Internal Revenue Code Section 501(c)(3) organization. Donations generally qualify as charitable deductions for federal income tax purposes. Please consult with a tax professional to determine the extent to which your contributions are deductible. SCVAS is classified by the IRS as a Charitable Organization with a ruling year of 1977. (Source: IRS Master Business File and Form 990)
IRS Forms 990
2022 Form 990 (6/1/2021 to 5/31/2022)
2021 Form 990 (6/1/2020 to 5/31/2021)
2020 Form 990 (6/1/2019 to 5/31/2020)
2019 Form 990 (6/1/2018 to 5/31/2019)
2018 Form 990 (6/1/2017 to 5/31/2018)
2017 Form 990 (6/1/2016 to 5/31/2017)
2016 Form 990 (6/1/2015 to 5/31/2016)
2015 Form 990 (6/1/2014 to 5/31/2015)
2014 Form 990 (6/1/2013 to 5/31/2014)
2013 Form 990 (6/1/2012 to 5/31/2013)
2012 Form 990 (6/1/2011 to 5/31/2012)
2011 Form 990 (6/1/2010 to 5/31/2011)
2010 Form 990 (6/1/2009 to 5/31/2010)
2009 Form 990 (6/1/2008 to 5/31/2009)
2008 Form 990 (6/1/2007 to 5/31/2008)
2007 Form 990 (6/1/2006 to 5/31/2007)
2006 Form 990 (6/1/2005 to 5/31/2006)
2005 Form 990 (6/1/2004 to 5/31/2005)
2004 Form 990 (6/1/2003 to 5/31/2004)
2003 Form 990 (6/1/2002 to 5/31/2003)
2002 Form 990 (6/1/2001 to 5/31/2002)
2001 Form 990 (6/1/2000 to 5/31/2001)
2000?
1999?
1998 Form 990 (6/1/1997 to 5/31/1998)
Additional Information
Banner Photo Credit: Wilson’s Phalaropes by Tom Grey