SEMI FOUNDATION (EIN 300155873) - Form 990 Financial Analysis & Trantor Score

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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

2002

Legal Domicile

Principal Officer

AJIT MANOCHA

Phone

4089436900

Tax Period

2023-01-01 to 2023-12-31

SEMI FOUNDATION, founded in 2002, is a community nonprofit in the Education sector that reported $3.6M in total revenue in fiscal year 2023. Revenue surged 821% from the prior year, signaling strong growth momentum. The organization ran a surplus of $871K, a strong 24% operating margin.

Mission

THE MISSION OF THE SEMI FOUNDATION IS TO SUPPORT ECONOMIC OPPORTUNITY FOR WORKERS AND THE SUSTAINED GROWTH OF THE MICROELECTRONICS INDUSTRY.WE ACCOMPLISH THIS THROUGH CREATING PATHWAYS AND OPPORTUNITIES FOR JOB SEEKERS, AND TOOLS AND SYSTEMS FOR SEMICONDUCTOR COMPANIES TO ATTRACT, DEVELOP, AND RETAIN A DIVERSE, INNOVATIVE, AND SKILLED WORKFORCE.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,154,741

Program Service Revenue $226,496

Investment Income $179,634

Other Revenue $0

TOTAL REVENUE $3,560,871

Expense Breakdown

Grants Paid $20,507

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,597,444

Other Expenses $2,669,299

TOTAL EXPENSES $2,689,806

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,560,871	$386,431	+8.2%
Expenses	$2,689,806	$2,026,559	+0.3%
Net Income	$871,065	$-1,640,128	-1.5%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

227

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

$4,503,082

Total Directors

$2,719,531

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KATY CRIST	TRUSTEE	1.00	Director	$0	$0	$0
JONATHAN DAVIS	TRUSTEE	1.00	Director	$0	$0	$0
DANA DITMORE	TRUSTEE	1.00	Director	$0	$0	$0
MARY PUMA	TRUSTEE (FROM 3/28/23)	1.00	Director	$0	$0	$0
HELEN GRAYS-JONES	TRUSTEE	1.00	Director	$0	$0	$0
ARTHUR W ZAFIROPOULO	TRUSTEE	1.00	Director	$0	$0	$0
AJIT MANOCHA	CHAIRMAN, PRES & CEO	4.00	Officer Director	$0	$1,422,015	$2,719,531
DEBBIE GUSTAFSON	TRUSTEE	1.00	Director	$0	$0	$0
KEVIN CROFTON	TRUSTEE (TO 3/28/23)	1.00	Director	$0	$0	$0
KATE DEI CAS	TRUSTEE	1.00	Director	$0	$0	$0
PATRICIA MACLEOD	TRUSTEE	1.00	Director	$0	$0	$0
JOHN MCLAUGHLIN	TRUSTEE	1.00	Director	$0	$0	$0
KEVIN BAUER	CFO & TREASURER	2.00	Officer	$0	$591,410	$1,181,331
SHARI LISS	SECRETARY & EXECUTIVE DIRECTOR	32.00	Officer	$0	$263,724	$602,220

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	No data	No data	No data	No data
2023	$3,560,871	$2,689,806	$6,430,715	$871,065
2022	$386,431	$2,026,559	$4,857,090	$-1,640,128
2021	$319,512	$882,806	$5,642,365	$-563,294
2020	$591,745	$795,396	$6,466,648	$-203,651
2019	$1,797,761	$1,244,089	$6,981,014	$553,672
2018	$3,489,323	$710,222	$5,913,875	$2,779,101

SEMI FOUNDATION