SME FOUNDATION

EIN: 841175450 501(c)(3) Environment

ENGLEWOOD, CO

Total Revenue
$2,026,498
Total Expenses
$1,636,683
Total Assets
$6,874,629
Net Assets
$6,789,342
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
CO
Principal Officer
DAVID L KANAGY
Phone
3039484218
Tax Period
2023-10-01 to 2024-09-30

SME FOUNDATION, founded in 1991, is a community nonprofit in the Environment sector that reported $2.0M in total revenue in fiscal year 2023. Revenue surged 40% from the prior year, signaling strong growth momentum. The organization ran a surplus of $390K, a strong 19% operating margin.

Mission

THE MISSION OF THE SME FOUNDATION IS TO BE THE SOURCE OF FUNDING FOR EDUCATION AND OUTREACH OF THE SOCIETY FOR MINING, METALLURGY, AND EXPLORATION (SME) AND THE COMMUNITY IT SERVES. THE SME FOUNDATION FULFILLS ITS MISSION BY SUPPORTING PROJECTS THAT DISSEMINATE MINING/MINERAL INFORMATION AND TECHNOLOGY WORLDWIDE; ENCOURAGE PROFESSIONAL DEVELOPMENT; EDUCATE CHILDREN, TEACHERS, AND THE PUBLIC ABOUT THE SIGNIFICANT ROLE THAT THE MINERALS INDUSTRY PLAYS IN THEIR EVERYDAY LIVES; BUILD CONSENSUS FOR A STRONG, ENVIRONMENTALLY SOUND MINERALS INDUSTRY IN THE UNITED STATES AND THE WORLD; AND SUPPORT COLLEGE-LEVEL STUDENTS AND PROGRAMS MEETING INDUSTRY DEMANDS FOR ENGINEERS AND RESEARCHERS IN THE FUTURE.

Program Service Accomplishments

Program 1
Expenses: $856,389

THE PHD-FELLOWSHIP PROGRAM FOCUSES ON PROVIDING FINANCIAL SUPPORT TO QUALIFIED CANDIDATES WITH INDUSTRY EXPERIENCE AND A DESIRE TO PURSUE AN ACADEMIC CAREER, WHO ARE CURRENTLY ENROLLED OR HAVE BEEN...

Read more

THE PHD-FELLOWSHIP PROGRAM FOCUSES ON PROVIDING FINANCIAL SUPPORT TO QUALIFIED CANDIDATES WITH INDUSTRY EXPERIENCE AND A DESIRE TO PURSUE AN ACADEMIC CAREER, WHO ARE CURRENTLY ENROLLED OR HAVE BEEN FORMALLY ACCEPTED IN A U.S. ACADEMIC INSTITUTION, WITH THE MEANS OF ACQUIRING A DOCTORAL DEGREE IN THE FIELD OF MINING OR EXTRACTIVE METALLURGY/MINERAL PROCESSING AT A U.S. ACRREDITED UNIVERSITY. SME HAS IMPLEMENTED THESE PROGRAMS TO ADDRESS THE LONG-TERM CHALLENGES THAT THREATEN THE SUBSTAINABILITY OF U.S. MINING AND MINERAL PROCESSING/EXTRACTIVE METALLURGY ACADEMIC DEGREE GRANTING PROGRAMS, AS WELL AS THE LOOMING FUTURE LABOR DEFICIENCIES WITH RETIREMENT OVER THE NEXT TWO DECADES.

Program 2
Expenses: $280,418 Revenue: $17,135

THE MINERAL EDUCATION COALITION (MEC) IS THE SOCIETY FOR MINING, METALLURGY AND EXPLORATION FOUNDATION'S DESIGNATED PROGRAM TO DEVELOP AND DELIVER ACCURATE AND TIMELY K-12 EDUCATION MATERIALS AND...

Read more

THE MINERAL EDUCATION COALITION (MEC) IS THE SOCIETY FOR MINING, METALLURGY AND EXPLORATION FOUNDATION'S DESIGNATED PROGRAM TO DEVELOP AND DELIVER ACCURATE AND TIMELY K-12 EDUCATION MATERIALS AND ACTIVITIES AND CONDUCT PUBLIC AWARENESS OUTREACH ABOUT MINING AND MINERALS. THE MEC IS THE SUCCESSOR ENTITY OF THE MINERAL INFORMATION INSTITUTE (MII) WHICH WAS MERGED AS OF NOVEMBER 1, 2008 AND SME'S GOVERNMENT, EDUCATION AND MINING (GEM) PROGRAM.

Program 3
Expenses: $74,054

THE PENG GROUND CONTROL MINING AWARD IS GIVEN IN RECOGNITION OF INDIVIDUALS THAT HAVE DEMONSTRATED TECHNICAL AND SCIENTIFIC EXCELLENCE IN ADVANCING THE UNDERSTANDING OF GROUND CONTROL TECHNOLOGIES OR...

Read more

THE PENG GROUND CONTROL MINING AWARD IS GIVEN IN RECOGNITION OF INDIVIDUALS THAT HAVE DEMONSTRATED TECHNICAL AND SCIENTIFIC EXCELLENCE IN ADVANCING THE UNDERSTANDING OF GROUND CONTROL TECHNOLOGIES OR APPROACHES BY EITHER PUBLICATION OR DIRECT APPLICATIONS IN THE MINING INDUSTRY. THE ANNUAL AWARD WILL BE GIVEN TO AN INDIVIDUAL OR GROUP THAT: (1) HAS SHOWN INSIGHT AND UNDERSTANDING OF GROUND CONTROL ISSUES BY DEVELOPING CONCEPTS, THEORIES OR TECHNOLOGIES THAT HAVE BEEN ADOPTED BY THE MINING COMMUNITY, OR (2) HAS SUCCESSFULLY IMPLEMENTED A GROUND CONTROL DESIGN OR DESIGNS OR PRACTICES. THE AWARD WILL BE AVAILABLE TO INDIVIDUALS/GROUPS THAT HAVE MADE SUCH CONTRIBUTIONS TO GROUND CONTROL RELATED TO COAL AND/OR NONCOAL (METALS, COMMODITIES, ETC.) OR AGGREGATE MINES. IN ADDITION, IN 2009, THE SYD S. PENG FUND ADDED TWO GROUND CONTROL IN MINING SCHOLARSHIPS TO PROMOTE THE SCIENCE OF GROUND CONTROL. RECENT TRENDS IN MINING ENGINEERING PROFESSIONALS INDICATE A SHORTAGE OF COMPETENT GROUND CONTROL ENGINEERS. TO HELP REMEDY THIS SITUATION AND PROMOTE THE GROUND CONTROL ENGINEERING DISCIPLINE, AN UNDERGRADUATE AND/OR GRADUATE SCHOLARSHIP(S) WILL BE AWARDED ANNUALLY TO ENCOURAGE THE DEVELOPMENT OF GROUND CONTROL ENGINEERS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,518,258
Program Service Revenue $0
Investment Income $570,231
Other Revenue $-61,991
TOTAL REVENUE $2,026,498

Expense Breakdown

Grants Paid $946,527
Salaries & Benefits $412,488
Fundraising Expenses $0
Program Expenses $1,564,099
Other Expenses $277,668
TOTAL EXPENSES $1,636,683

Year-over-Year Comparison

2023 2022 Change
Revenue $2,026,498 $1,442,741 +0.4%
Expenses $1,636,683 $1,560,671 +0.0%
Net Income $389,815 $-117,930 -4.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
28
Independent Members
27
Employees
N/A
Volunteers
57

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
8
$782,843
Total Directors
34
$657,980
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KANAGY DAVID L SECRETARY/TREASURER 5.00
Officer Director
$0 $42,773 $657,980
RAUCH THOMAS C SMEF PRESIDENT 2.00
Officer Director
$0 $0 $0
COLE ANDREW P SMEF PRESIDENT-ELECT 2.00
Officer Director
$0 $0 $0
HOLMES STEVEN C SMEF PAST PRESIDENT 2.00
Officer Director
$0 $0 $0
MYERS MICHAEL T IFC CHAIR 2.00
Officer Director
$0 $0 $0
JOYNER CATHERINE A CGC CHAIR 2.00
Officer Director
$0 $0 $0
LE VIER MARC SME PRESIDENT 2.00
Officer Director
$0 $0 $0
NOPOLA JAY R MEMBER 2.00
Director
$0 $0 $0
ELIFRITS C DALE MEMBER 2.00
Director
$0 $0 $0
BECKSTROM GREGORY A MEMBER 2.00
Director
$0 $0 $0
DEAL MICHAEL J MEMBER 2.00
Director
$0 $0 $0
GARLAND DAVIS MEMBER 2.00
Director
$0 $0 $0
GARDNER J STEVEN MEMBER 2.00
Director
$0 $0 $0
HAARALA PETER M MEMBER 2.00
Director
$0 $0 $0
KOHMUENCH JAISEN D MEMBER 2.00
Director
$0 $0 $0
NELSON JILL R MEMBER 2.00
Director
$0 $0 $0
SHEREDA J ERIC MEMBER 2.00
Director
$0 $0 $0
SINGH SUDHANSHU MEMBER 2.00
Director
$0 $0 $0
TEW KATHLEEN M MEMBER 2.00
Director
$0 $0 $0
WASHNOCK ROBERT V MEMBER 2.00
Director
$0 $0 $0
HARMON MELISSA MEMBER 2.00
Director
$0 $0 $0
HINSHAW GREGORY E MEMBER 2.00
Director
$0 $0 $0
KORPI MARY B MEMBER 2.00
Director
$0 $0 $0
KOSLOSKI KATHRYN F MEMBER 2.00
Director
$0 $0 $0
KOST KURT D MEMBER 2.00
Director
$0 $0 $0
METSA JAMES P MEMBER 2.00
Director
$0 $0 $0
OLMSTED JOSHUA F MEMBER 2.00
Director
$0 $0 $0
WILKINSON WILLIAM H MEMBER 2.00
Director
$0 $0 $0
GRABER SHAUN THROUGH 22924 MEMBER 2.00
Director
$0 $0 $0
PARRATT RONALD THROUGH 22924 MEMBER 2.00
Director
$0 $0 $0
DRISCOLL JOSEPH THROUGH 22924 MEMBER 2.00
Director
$0 $0 $0
LENGERICH MATTHEW THROUGH 22924 MEMBER 2.00
Director
$0 $0 $0
PATTON MICHAEL THROUGH 22924 MEMBER 2.00
Director
$0 $0 $0
STURGIS GEORGE THROUGH 22924 MEMBER 2.00
Director
$0 $0 $0
MARTIN MEGAN S FOUNDATION MANAGER 40.00
Officer
$0 $24,933 $124,863
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 $2,026,498 $1,636,683 $6,874,629 $389,815
2023 $1,442,741 $1,560,671 $5,923,677 $-117,930
2022 $1,577,742 $1,556,170 $5,661,329 $21,572
2021 $1,434,798 $1,300,405 $6,445,386 $134,393
2020 $1,092,620 $1,557,604 $5,806,021 $-464,984
2019 $1,339,663 $1,749,174 $5,822,551 $-409,511
2018 $1,352,484 $1,677,276 $6,058,767 $-324,792
Explore More Nonprofits
Top 100 Nonprofits in Colorado Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare SME FOUNDATION with other nonprofits in Colorado and across the country.