SEEC

EIN: 521557285 501(c)(3) Employment

SILVER SPRING, MD

Total Revenue
$19,837,715
Total Expenses
$20,259,055
Total Assets
$20,505,503
Net Assets
$12,441,901
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
MD
Principal Officer
KAREN LEE
Phone
3015769000
Tax Period
2023-07-01 to 2024-06-30

SEEC, founded in 1987, is a mid-sized nonprofit in the Employment sector that reported $19.8M in total revenue in fiscal year 2023. Revenue fell 22% from the prior year — a significant decline worth monitoring.

Mission

TO HELP PEOPLE WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES DIRECT THEIR LIVES WITH DIGNITY, CHOICE, AUTHORITY AND RESPONSIBILITY. SEEC PROVIDES CUSTOMIZED EMPLOYMENT, RECREATIONAL, AND RESIDENTIAL SERVICES TO APPROXIMATELY 300 ADULTS, AND OUTREACH TO FAMILIES OF CHILDREN WITH DEVELOPMENTAL DISABILITIES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,883,155
Program Service Revenue $17,841,063
Investment Income $630,351
Other Revenue $-516,854
TOTAL REVENUE $19,837,715

Expense Breakdown

Grants Paid $0
Salaries & Benefits $16,883,140
Fundraising Expenses $279,674
Program Expenses $17,386,407
Other Expenses $3,375,915
TOTAL EXPENSES $20,259,055

Year-over-Year Comparison

2023 2022 Change
Revenue $19,837,715 $25,283,831 -0.2%
Expenses $20,259,055 $17,463,432 +0.2%
Net Income $-421,340 $7,820,399 -1.1%
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
16
Independent Members
16
Employees
305
Volunteers
53

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
6
$451,478
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DIANNE NIEDNER BOARD MEMBER 0.50
Director
$0 $0 $0
VENUS JORDAN PRESIDENT-ELECT 0.50
Officer Director
$0 $0 $0
ROBERT SCOTT BOARD MEMBER 0.50
Director
$0 $0 $0
SETH KAPLAN BOARD MEMBER 0.50
Director
$0 $0 $0
MANDY LAM BOARD MEMBER 0.50
Director
$0 $0 $0
JEAN EISENHAUR BOARD MEMBER 0.50
Director
$0 $0 $0
SUSAN MOUNTFORD PRESIDENT 0.50
Officer Director
$0 $0 $0
JOHN BARPOULIS TREASURER 0.50
Officer Director
$0 $0 $0
KATHRYN DONAHUE BOARD MEMBER 0.50
Director
$0 $0 $0
LISA GAFFNEY SECRETARY 0.50
Officer Director
$0 $0 $0
LESLIE EURE BOARD MEMBER 0.50
Director
$0 $0 $0
DR MATTHEW HARDWICK BOARD MEMBER 0.50
Director
$0 $0 $0
DR MARISTELA MONTEIRO BOARD MEMBER 0.50
Director
$0 $0 $0
LISA BENJAMIN BOARD MEMBER 0.50
Director
$0 $0 $0
MO FATHELBAB BOARD MEMBER 0.50
Director
$0 $0 $0
PATRICIA SASTOQUE BOARD MEMBER 0.50
Director
$0 $0 $0
KAREN J LEE CEO 40.00
Officer
$240,947 $39,379 $280,326
STEPHANIE SNYDER CHIEF FINANCIAL OFFICER 40.00
Officer
$160,734 $10,418 $171,152
SHERRY BEAMER DIRECTOR OF SERVICES 40.00
Highest
$137,077 $13,157 $150,234
KATY BARRETT DIR OF COMMUNICATION & DEV 40.00
Highest
$129,039 $26,081 $155,120
DJIBRIL KAMARA DIR OF INFORMATION & TECH 40.00
Highest
$166,704 $7,883 $174,587
JESSICA NEELY DIRECTOR OF KNOWLEDGE MGMT 40.00
Highest
$129,597 $19,444 $149,041
STEPHEN BLANKS DIRECTOR OF PARTNERSHIPS 40.00
Highest
$151,656 $39,926 $191,582
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 No data No data No data No data
2024 $19,837,715 $20,259,055 $20,505,503 $-421,340
2023 $25,283,831 $17,463,432 $27,518,009 $7,820,399
2022 $16,333,001 $15,874,823 $15,089,330 $458,178
2021 $16,148,887 $13,679,595 $9,412,245 $2,469,292
2020 $13,151,408 $12,952,871 $6,711,182 $198,537
2019 $11,728,540 $11,570,316 $5,302,142 $158,224
2018 $10,788,662 $10,725,510 $5,004,868 $63,152
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