SAN JOSE LIGHT TOWER CORPORATION

EIN: 821108949 501(c)(3) Arts, Culture & Humanities

SAN JOSE, CA

Total Revenue
$4,355
Total Expenses
$223,671
Total Assets
$37,275
Net Assets
$35,756
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
CA
Principal Officer
STEVE BORKENHAGEN
Phone
4083807218
Tax Period
2024-01-01 to 2024-12-31

SAN JOSE LIGHT TOWER CORPORATION, founded in 2017, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $4K in total revenue in fiscal year 2024. Revenue fell 90% from the prior year — a significant decline worth monitoring. Expenses of $224K exceeded revenue, resulting in a 5036% operating deficit.

Mission

THE MISSION OF THE SAN JOSE LIGHT TOWER CORPORATION IS TO BUILD AN ICONIC LANDMARK FOR SAN JOSE AND SILICON VALLEY THAT IS RESPECTED BY PEOPLE AROUND THE WORLD AND IS THE MUST-SEE PLACE TO VISIT IN SILICON VALLEY BY BOTH LOCALS AND VISITORS.

Program Service Accomplishments

Program 1
Expenses: $169,222

INTERNATIONAL IDEAS COMPETITION TO IDENTIFY A DESIGN FOR AN ICONIC LANDMARK TO BE INSTALLED IN ARENA GREEN IN SAN JOSE, CA.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $4,209
Program Service Revenue $0
Investment Income $146
Other Revenue $0
TOTAL REVENUE $4,355

Expense Breakdown

Grants Paid $0
Salaries & Benefits $150,983
Fundraising Expenses $589
Program Expenses $169,222
Other Expenses $72,688
TOTAL EXPENSES $223,671

Year-over-Year Comparison

2024 2023 Change
Revenue $4,355 $44,014 -0.9%
Expenses $223,671 $224,709 0.0%
Net Income $-219,316 $-180,695 +0.2%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
8
Independent Members
7
Employees
1
Volunteers
7

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$140,000
Total Directors
8
$140,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVE BORKENHAGEN EXECUTIVE DIRECTOR 40.00
Officer Director
$140,000 $0 $140,000
SEAN O'KANE PRESIDENT 15.00
Officer Director
$0 $0 $0
RICHARD AJLUNI SECRETARY 5.00
Officer Director
$0 $0 $0
SARAH ADEEL DIRECTOR 1.00
Director
$0 $0 $0
LINA BROYDO DIRECTOR 1.00
Director
$0 $0 $0
JAIME CHAVEZ DIRECTOR 1.00
Director
$0 $0 $0
RAY HASHIMOTO DIRECTOR 1.00
Director
$0 $0 $0
CHAPPIE JONES DIRECTOR 5.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $4,355 $223,671 $37,275 $-219,316
2023 $44,014 $224,709 $256,721 $-180,695
2022 $346,742 $410,348 $505,086 $-63,606
2021 $270,116 $428,192 $509,044 $-158,076
2020 $1,179,179 $1,049,701 $847,532 $129,478
2019 $393,494 $514,890 $551,055 $-121,396
2018 $925,070 $372,228 $649,223 $552,842
Explore More Nonprofits
→Top 100 Nonprofits in California →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare SAN JOSE LIGHT TOWER CORPORATION with other nonprofits in California and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.