SEEDS OF HOPE SILICON VALLEY

EIN: 921455612 501(c)(3) Housing & Shelter

San Jose, CA

Total Revenue
$452,928
Total Expenses
$415,275
Total Assets
$63,203
Net Assets
$63,203
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2024
Legal Domicile
CA
Principal Officer
Ray Solnik
Phone
9256390449
Tax Period
2025-01-01 to 2025-12-31

SEEDS OF HOPE SILICON VALLEY, founded in 2024, is a small nonprofit in the Housing & Shelter sector that reported $453K in total revenue in fiscal year 2025. Revenue surged 2175% from the prior year, signaling strong growth momentum. Expenses of $415K left a modest 8% surplus.

Mission

At a SoHSV development, residents can live with a sense of purpose and meaning that results in positive behavior and a peaceful, attractive community. This is a place where chronically unsheltered homeless neighbors can live the rest of their days without fear of being swept or abated from their home on the street. Our approach is based on an innovative development in Austin, Texas called Community First Village operated by a non-profit called Mobile Loaves and Fishes.

Program Service Accomplishments

Program 1
Expenses: $1,371 Revenue: $40,500

Property/ site acquisition. Seeds of Hope Silicon Valley achieved a noteable milestone, having commenced negotiations for a long term ground lease for a property upon which we can develop a campus...

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Property/ site acquisition. Seeds of Hope Silicon Valley achieved a noteable milestone, having commenced negotiations for a long term ground lease for a property upon which we can develop a campus community for chronically homeless in Silicon Valley.

Program 2
Expenses: $1,100

Haircuts of Hope is a program to provide haircuts at no charge for homeless people living out on the street. In 2025 Seeds of Hope delivered 598 haircuts last year of a program that delivered 1504...

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Haircuts of Hope is a program to provide haircuts at no charge for homeless people living out on the street. In 2025 Seeds of Hope delivered 598 haircuts last year of a program that delivered 1504 cumulatively. This is a benefit we bring to homeless people by working on the bigger effort and bring exposure to Seeds of Hope SV and get the word out on our mission and effort.

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Trantor Score

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

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

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $452,040
Program Service Revenue $0
Investment Income $0
Other Revenue $888
TOTAL REVENUE $452,928

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $6,372
Program Expenses $2,471
Other Expenses $408,903
TOTAL EXPENSES $415,275

Year-over-Year Comparison

2025 2024 Change
Revenue $452,928 $19,909 +21.7%
Expenses $415,275 $2,487 +166.0%
Net Income $37,653 $17,422 +1.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
20

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
5
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ray Solnik Volunteer, Board Member 8
Officer Director
$0 $0 $0
Scott Giddens Volunteer, Board Member 9
Officer Director
$0 $0 $0
Debra Wiegert Volunteer, Board Member 8
Officer Director
$0 $0 $0
Larry Bursch Volunteer, Founder 2
Officer Director
$0 $0 $0
Janet Werkman Volunteer, Board Member 1
Officer 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 $452,928 $415,275 $63,203 $37,653
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