SOUTHEASTERN REGIONAL SCHOOL FOUNDATION INC

EIN: 820874353 501(c)(3) Education

SOUTH EASTON, MA

Total Revenue
$32,149
Total Expenses
$10,002
Total Assets
$112,062
Net Assets
$112,062
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
MA
Principal Officer
MARK MORRIS
Tax Period
2023-01-01 to 2023-12-31

SOUTHEASTERN REGIONAL SCHOOL FOUNDATION INC, founded in 2017, is a micro nonprofit in the Education sector that reported $32K in total revenue in fiscal year 2023. Revenue fell 27% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $22K, a strong 69% operating margin.

Mission

ESTABLISHED TO RAISE FUNDS TO PROVIDE SUPPORT FOR THE SOUTHEASTERN REGIONAL SCHOOL DISTRICT AND ITS PROGRAMS, PROJECTS, AND ACTIVITIES, INCLUDING STUDENT SCHOLARSHIPS, TOOLS AND EQUIPMENT FOR VOCATIONAL STUDIES, AND FIELD TRIPS.

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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 $32,202
Program Service Revenue $0
Investment Income $3,795
Other Revenue $-3,848
TOTAL REVENUE $32,149

Expense Breakdown

Grants Paid $8,480
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $8,480
Other Expenses $1,522
TOTAL EXPENSES $10,002

Year-over-Year Comparison

2023 2022 Change
Revenue $32,149 $44,040 -0.3%
Expenses $10,002 $276,843 -1.0%
Net Income $22,147 $-232,803 -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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Governance

Voting Members
13
Independent Members
13
Employees
N/A
Volunteers
15

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
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEPHEN UDDEN PRESIDENT (JOINED MAY 2023) 1.00
Officer Director
$0 $0 $0
JOSEPH DUTCHER PRESIDENT (RESIGNED MAY 2023) 1.00
Officer Director
$0 $0 $0
HOLLY MCCLANAN SECRETARY 1.00
Officer Director
$0 $0 $0
MARK MORRIS TREASURER 2.00
Officer Director
$0 $0 $0
NELIA BRAGA BOARD MEMBER (JOINED MAY 2023) 1.00
Director
$0 $0 $0
DEBORAH CABRAL BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID DEGAN BOARD MEMBER 1.00
Director
$0 $0 $0
CHRISTINA GUARINI BOARD MEMBER 1.00
Director
$0 $0 $0
PATRICIA ILLSLEY BOARD MEMBER 1.00
Director
$0 $0 $0
DARLA LEIGHTON BOARD MEMBER 1.00
Director
$0 $0 $0
DOREEN LOPES BOARD MEMBER 1.00
Director
$0 $0 $0
LUIS LOPES BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL PIETROWSKI BOARD MEMBER (JOINED MAY 2023) 1.00
Director
$0 $0 $0
LESLIE WECKESSER BOARD MEMBER 1.00
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 $32,149 $10,002 $112,062 $22,147
2022 $44,040 $276,843 $89,915 $-232,803
2021 $256,658 $3,876 $322,718 $252,782
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