The SET Foundation Inc

EIN: 264334163 501(c)(3) Diseases & Disorders

Lake Oswego, OR

Total Revenue
$1,619,032
Total Expenses
$1,563,411
Total Assets
$144,733
Net Assets
$47,033
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
OR
Principal Officer
Julie Vissers
Phone
5036354761
Tax Period
2024-01-01 to 2024-12-31

The SET Foundation Inc, founded in 2009, is a community nonprofit in the Diseases & Disorders sector that reported $1.6M in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $1.6M left a modest 3% surplus.

Mission

Providing continuing educational seminars and webinars for the medical professionals.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,619,008
Program Service Revenue $0
Investment Income $24
Other Revenue $0
TOTAL REVENUE $1,619,032

Expense Breakdown

Grants Paid $15,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,559,003
Other Expenses $1,548,411
TOTAL EXPENSES $1,563,411

Year-over-Year Comparison

2024 2023 Change
Revenue $1,619,032 $1,493,009 +0.1%
Expenses $1,563,411 $1,402,997 +0.1%
Net Income $55,621 $90,012 -0.4%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
2
Independent Members
2
Employees
N/A
Volunteers
25

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
2
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Julie Vissers President 25.00
Officer
$0 $0 $0
Michael Clouse Director 25.00
Officer
$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
2024 $1,619,032 $1,563,411 $144,733 $55,621
2023 $1,493,009 $1,402,997 $46,587 $90,012
2022 $1,456,946 $1,565,743 No data $-108,797
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