Nonprofit · EIN 27-0220018
PROSPECT SILICON VALLEY
Tax-exempt · SAN FRANCISCO, CA 94104
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,063,143 | $1,031,452 | $31,691 | $1,011,996 | $521,282 | $490,714 |
| June 30, 2024 | 990 | $718,398 | $837,839 | -$119,441 | $536,328 | $77,305 | $459,023 |
| June 30, 2023 | 990 | $1,130,431 | $846,123 | $284,308 | $825,628 | $247,164 | $578,464 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $1,061,542
- Investment income
- $1,601
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $272,100
- Other salaries and wages
- $510,376
- Salaries, compensation and benefits (total)
- $881,499
- Professional fundraising fees
- $0
- Legal fees
- $3,539
- Accounting fees
- $20,435
- Occupancy
- $36,869
- Travel
- $9,419
- Program services (functional)
- $579,452
- Management and general (functional)
- $452,000
Balance sheet and other
- Total assets, start of year
- $536,328
- Total assets, end of year
- $1,011,996
- Total liabilities, end of year
- $521,282
- Net assets, end of year
- $490,714
- Gross receipts
- $1,063,143
- Employees
- 8
- Year formed
- 2009
- State of legal domicile
- CA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Douglas Davenport | Executive Dir. Officer | 40 | $272,100 |
| Rick Hutchison | Director Trustee or director | 0.5 | $0 |
| Kevin Bates | Director Trustee or director | 0.5 | $0 |
| Ken Alex | Director Trustee or director | 0.5 | $0 |
| David Kaneda | Director Trustee or director | 0.5 | $0 |
| Pauline Souza | Director Trustee or director | 0.5 | $0 |
| Gordon Ho | Chairman/Sec. Officer | 1 | $0 |
| Michael Wu | Treasurer Officer | 1 | $0 |
990 for the year ended June 30, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Douglas Davenport | Executive Dir. Officer | 40 | $217,973 |
| Andrew Huynh | Business Mgr. | 40 | $113,650 |
| Rick Hutchison | Director Trustee or director | 0.5 | $0 |
| Kevin Bates | Director Trustee or director | 0.5 | $0 |
| Ken Alex | Director Trustee or director | 0.5 | $0 |
| David Kaneda | Director Trustee or director | 0.5 | $0 |
| Pauline Souza | Director Trustee or director | 0.5 | $0 |
| Gordon Ho | Chairman/Sec. Officer | 1 | $0 |
| Michael Wu | Treasurer Officer | 1 | $0 |
990 for the year ended June 30, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Douglas Davenport | Executive Dir. Trustee or director, Officer | 40 | $219,100 |
| Andrew Huynh | Business Manager | 40 | $139,524 |
| Joseph Fullerton | Dir. Sustain. | 40 | $115,465 |
| Gordon Ho | Chairman Trustee or director, Officer | 1 | $0 |
| Michael Wu | Treasurer Trustee or director, Officer | 1 | $0 |
| Rick Hutchison | Director Trustee or director | 0.5 | $0 |
| Jane Macfarlane | Director Trustee or director | 0.5 | $0 |
| Ken Alex | Director Trustee or director | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 345 CALIFORNIA ST STE 600, SAN FRANCISCO, CA 94104-2657
- In care of
- % PROSPECT SILICON VALLEY
- Principal officer (990 for 2024)
- Douglas Davenport, 345 California Street 600, San Francisco, CA 94104
- Signed the 990
- Douglas Davenport, Executive Dir.
- Phone
- (408) 337-2483
- Website
- www.prospectsv.org
- 990-N for 2012 filed under this EIN
- Most likely by a chapter, club or affiliate (it says receipts are normally $50,000 or less). Officer: Doug Davenport, 1608 Las Plumas, San Jose CA 95133. Mailing address: 1608 Las Plumas, San Jose CA 95133.
- Return prepared by
- HARMON BURSTYN CPA
California records
California keeps its own records of charities and corporations. Search them by EIN 27-0220018 or by the name PROSPECT SILICON VALLEY.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
The purpose of the organization is to advance progress in sustainability and decarbonization of energy, transportation, and infrastructure.
Program accomplishments
- For more information please visit www.prospectsv.org/our-workBuilding Decarbonization Policy SupportProspectSV is supporting nationwide policy research with LBNL, to characterize howindustry tools, services, programs, and finance may or may not support compliancewith Building Performance Standards (BPS) for smaller buildings and small portfolios.Our work includes researching BPS-relevant software tools for owners of underservedbuildings who have limited resources and internal expertise. Activities under thistask include conducting outreach and interviews with product providers, developingoverviews of capabilities and benefits of products reviewed, and distributing resultsin a snapshot analysis to target audiences. Also, ProspectSV is conducting alandscape study of financing mechanisms related to decarbonization investments forsmall businesses and under-served buildings, with a focus on building performancestandard compliance and electrification. In addition, ProspectSV is engaging BPSstakeholder working groups that will help inform LBNLs BPS Policy TechnicalAssistance efforts by identifying specific building owner needs. We engage owners,capital entities, and other CRE stakeholders on policy impacts, trends, and riskassessment approaches. The impact of this work will be tailored approaches to engagesmall building CRE to accelerate market-achievable decarbonization and efficiencyimprovements nationwide.Decarbonization Advisory SupportProspectSV provided Technical Advisory Support to the City of Palo Alto Utility, providing expert resources and tools to assist the Utility and its customers implement projects under a new decarbonization incentive program. We provide assistance that helps institutions gain valuable insight and a path forward with fleet and building projects, with an eye toward clear asset inventories, rational project development, and a long-term financial outlook and highest ROI on carbon emissions reduction. For building owners, we provide insight on priority system replacements and highest benefit, and a strategic review of their portfolio, including key decarbonization considerations for each building analyzed, and relevant funding and incentives. Where appropriate, we provide insights on emergingsolutions and upcoming opportunities to gain operational efficiencies leveraging newtechnology.Clean Mobility in SchoolsProspectSV is partnering with Twin Rivers Unified School District (TRUSD) and otherorganizations on the California Air Resources Board (CARB)-funded California Capitol Pilot Project: Showcasing Zero-Emission Mobility in Schools Project (Clean Mobility in Schools). The project will support transformative emission reduction strategies at TRUSD, located in disadvantaged communities (DACs), and will showcase a comprehensive array of zero-emission mobility solutions for schools throughout California.ProspectSV is providing overall program management and administration in conjunctionwith TRUSD as the prime grant recipient.The grant includes:Zero-emission school buses with managed charging, and a solar installationZero-emission maintenance and landscape equipmentZero-emission van pool and car-sharing programs for district and community useWorkforce training, outreach, and events in the school and surrounding communityOther project partners include: Climatec, InCharge Energy, Enterprise Van, Fairway EV & Tropos Motors, FordPro, Hilmar Rentals, Lion Electric, Aura Planning, BreatheCalifornia, Climate Action Pathways for Schools (CAPS), Sacramento Clean CitiesCoalition (SCCC), Sacramento Metro Air Quality Management District (SMAQMD),Sacramento Employment and Training Agency (SETA), Sacramento Municipal UtilityDistrict (SMUD), and Los Rios Community College.Technology Demonstration SupportProspectSV partners with technology innovators, R&D, Corporate, Operations andEngineering partners to demonstrate innovative technology applications to addressknown, broad scale barriers to mobility, building efficiency, decarbonization, andother quality of life factors. Our work in this area includes advising and supporting startups with innovative solutions and challenges in commercialization. We partner broadly to pursue funding opportunities from public sector programs including the California Energy Commission EPIC Program. To date we have conducted technology demonstrations and pilots in buildings and transportation sectors, and have conducted a program (Empower Procurement) aimed at process and policy improvements for institutional entities adoption of energy related hardware and services including fleet, building, and distributed energy resource technologies. Active Technology Demonstration Support has included pilots in advanced electric bus fleet charging and energy management, natural refrigerant heat pump applications in commercial and industrial buildings, and innovative power management and resiliency strategies for multifamily buildings with constrained electrical capacity.Expenses $579,452 · revenue $1,061,542
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 27-0220018
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2010
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S31)
- Assets (IRS master file)
- $1,011,996
- Income (IRS master file)
- $1,063,143
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,063,143 | $1,031,452 | $1,011,996 | IRS |
| 990 | June 2024 | $718,398 | $837,839 | $536,328 | IRS |
| 990 | June 2023 | $1,130,431 | $846,123 | $825,628 | XML |
| 990 | June 2022 | $888,763 | $833,582 | $610,362 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
| 990-N for 2012 Officer: Doug Davenport Filed under this EIN, most likely by a chapter or affiliate | June 30, 2013 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-0220018).
Questions about PROSPECT SILICON VALLEY
- What is the EIN of PROSPECT SILICON VALLEY?
- The employer identification number (EIN) of PROSPECT SILICON VALLEY is 27-0220018.
- Is PROSPECT SILICON VALLEY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
- Are donations to PROSPECT SILICON VALLEY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PROSPECT SILICON VALLEY file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PROSPECT SILICON VALLEY due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PROSPECT SILICON VALLEY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of PROSPECT SILICON VALLEY?
- The 990 for the year ended June 30, 2025 names Douglas Davenport.
- Who are the officers and directors of PROSPECT SILICON VALLEY?
- The 990 for the year ended June 30, 2025 lists 8 people; 1 received compensation from the organization, the highest $272,100 (Douglas Davenport, Executive Dir.).
- How much revenue does PROSPECT SILICON VALLEY have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,063,143, expenses of $1,031,452 and total assets of $1,011,996 at year end.
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All nonprofits in SAN FRANCISCO · California · Community improvement and capacity building