SOCIAL ENTERPRISE FOUNDATION CORPORATION

EIN: 822070549 501(c)(3)

Tucson, AZ

Total Revenue
$348,068
Total Expenses
$194,206
Total Assets
$517,941
Net Assets
$517,941
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
AZ
Principal Officer
5907 N Placita Chico Tucson AZ 85
Phone
5209798470
Tax Period
2019-09-01 to 2020-08-31

SOCIAL ENTERPRISE FOUNDATION CORPORATION, founded in 2017, is a small nonprofit that reported $348K in total revenue in fiscal year 2019. Revenue surged 148% from the prior year, signaling strong growth momentum. The organization ran a surplus of $154K, a strong 44% operating margin.

Mission

The Corporation serves as a subsidiary of Social Enterprise Foundation Corporation SEFC who has common control of its administrative and educational services. SEFC created the Corporation in July 2017 but registered the Corporation as it own nonprofit in July of 2019 for the soul purpose of offering educational scientific professional advocacy and supportive role of all affairs of the the Corporation including any or all lawful affairs for which non-profit corporations may be organized hereunder. The Corporation is also organized to operate exclusively pursuant to and within the meaning of Section 501c3 of the Internal Revenue Code or the corresponding provision of any future United States Internal Revenue Law. The Corporation is organized exclusively for educational and charitable purposes including for such purposes the making of distributions to organizations that qualify as exempt organizations under § 501c3 of the Internal Revenue Code or the corresponding sec

Program Service Accomplishments

Program 1
Expenses: $75,212 Revenue: $0

Mentoring and tutoring services-students receive tutoring and mentoring in robotics and engineering. Students also receive improvement in math and science skills. SEE SCHEDULE O.

Program 2
Expenses: $25,045 Revenue: $0

Family and student assistance in emergency social services-See schedule O.

Program 3
Expenses: $5,780 Revenue: $0

Community events-See Schedule O.

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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 (2019)

Revenue Breakdown

Contributions & Grants $348,068
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $348,068

Expense Breakdown

Grants Paid $0
Salaries & Benefits $188,706
Fundraising Expenses $0
Program Expenses $109,537
Other Expenses $5,500
TOTAL EXPENSES $194,206

Year-over-Year Comparison

2019 2018 Change
Revenue $348,068 $140,376 +1.5%
Expenses $194,206 $89,442 +1.2%
Net Income $153,862 $50,934 +2.0%
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

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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
4
Independent Members
4
Employees
6
Volunteers
3

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
0
$0
Total Directors
0
$0
Key Employees
2
$80,000
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Melody R Jones President CEO 60.00
Highest
$80,613 $0 $80,613
John Forlizzi Director of Technology 45.00
Key Emp
$65,000 $0 $65,000
Camil Mortada Assistant Director of Students 35.00
Key Emp
$15,000 $0 $15,000
Paige Tang Engineer Instructor 15.00
$2,808 $0 $2,808
Ashlea Kimbough Intake Clerk 20.00
$675 $0 $675
Joshua Reyes Mentor 40.00
$1,754 $0 $1,754
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
2020 $348,068 $194,206 $517,941 $153,862
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