SEEK FOUNDATION INC (EIN 461652355) - 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

2012

Legal Domicile

Principal Officer

ANIKE SAKARIYAWO

Phone

3056390142

Tax Period

2023-01-01 to 2023-12-31

SEEK FOUNDATION INC, founded in 2012, is a small nonprofit in the Education sector that reported $871K in total revenue in fiscal year 2023. Revenue surged 39% from the prior year, signaling strong growth momentum.

Mission

THE MISSION OF S.E.E.K FOUNDATION IS TO EMPOWER TEENAGERS, PARENTS, TEACHERS, AND THE COMMUNITY TO HELP INCREASE ACCESS AND OPPORTUNITIES FOR TOMORROW'S LEADERS TO BUILD PRODUCTS AND LEARN SPECIFIC SKILLS THROUGH STEM/STEAM EDUCATION PROGRAMS.

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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 $478,805

Program Service Revenue $392,130

Investment Income $0

Other Revenue $0

TOTAL REVENUE $870,935

Expense Breakdown

Grants Paid $0

Salaries & Benefits $130,788

Fundraising Expenses $0

Program Expenses $779,191

Other Expenses $788,629

TOTAL EXPENSES $919,417

Year-over-Year Comparison

	2023	2022	Change
Revenue	$870,935	$628,282	+0.4%
Expenses	$919,417	$769,085	+0.2%
Net Income	$-48,482	$-140,803	-0.7%

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

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

$139,068

Total Directors

$139,068

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Anike Sakariyawo	President	40	Officer Director	$139,068	$0	$139,068
Shirley Scott	Secretary	2	Officer Director	$0	$0	$0
Stephanie Elistan Esq	Treasurer	2	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
2023	$870,935	$919,417	$63,555	$-48,482
2022	$628,282	$769,085	$137,743	$-140,803
2021	$393,214	$605,307	$237,196	$-212,093
2020	$570,296	$450,998	$227,882	$119,298
2019	$390,060	$389,828	$23,584	$232

SEEK FOUNDATION INC