SAPERE AUDE CONSORTIUM INC

EIN: 853701377 501(c)(3) Employment

MEDFIELD, MA

Total Revenue
$127,762
Total Expenses
$100,251
Total Assets
$52,251
Net Assets
$52,251
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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
2020
Legal Domicile
MA
Principal Officer
JOSEPH P CRAVEN III
Phone
6174544348
Tax Period
2024-08-01 to 2025-07-31

SAPERE AUDE CONSORTIUM INC, founded in 2020, is a small nonprofit in the Employment sector that reported $128K in total revenue in fiscal year 2024. Revenue surged 196% from the prior year, signaling strong growth momentum. The organization ran a surplus of $28K, a strong 22% operating margin.

Mission

OUR MISSION IS TO EQUIP FIRST-GENERATION STUDENTS WITH THE IDENTITY CAPITAL, PROFESSIONAL SKILLS, NETWORKS, AND CONFIDENCE NEEDED TO ACHIEVE LONG-TERM CAREER SUCCESS. WE BELIEVE THESE INDUSTRIES WILL BENEFIT FROM OUR STUDENTS' UNIQUE EXPERIENCES AND WORLDVIEWS.

Program Service Accomplishments

Program 1
Expenses: $95,197 Revenue: $110,336

THE SAPERE AUDE CONSORTIUM SUMMER INTERNSHIP PROGRAM IS A NINE WEEK PROGRAM FOCUSING ON FIRST-GENERATION COLLEGE STUDENTS INTERESTED IN FINANCIAL SERVICES, SPECIFICALLY INVESTMENT AND WEALTH...

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THE SAPERE AUDE CONSORTIUM SUMMER INTERNSHIP PROGRAM IS A NINE WEEK PROGRAM FOCUSING ON FIRST-GENERATION COLLEGE STUDENTS INTERESTED IN FINANCIAL SERVICES, SPECIFICALLY INVESTMENT AND WEALTH MANAGEMENT. THE PROGRAM IS DESIGNED TO PREPARE THIS COHORT OF STUDENTS TO COMPETE FOR AND GAIN POSITIONS AT INVESTMENT AND WEALTH MANAGEMENT FIRMS.THE SUMMER INTERSHIP PROGRAM AT SAPERE AUDE CONSORTIUM HAS SEEN MORE THAN 135 COLLEGIANS RECEIVE IMPACTFUL INSTRUCTION, GUIDANCE AND EXPERIENCE IN INVESTMENT AND WEALTH MANAGEMET.WITH GREAT SUCCESS, PARTICIPANTS HAVE FOUND THAT THE PERSONAL ASSISTANCE OF THEIR MENTORS, COMBINED WITH THE KNOWLEDGE THEY HAVE GAINED AND THE WORK PRODUCT OF THEIR RESEARCH EFFORTS, HAS COALESCED INTO EXCEPTIONAL PROFESSIONAL OPPORTUNITIES WITH A 90% RATE AT WHICH OUR ALUMNI HAVE EARNED ROLES IN THE INDUSTRY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $127,762
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $127,762

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $95,197
Other Expenses $100,251
TOTAL EXPENSES $100,251

Year-over-Year Comparison

2024 2023 Change
Revenue $127,762 $43,102 +2.0%
Expenses $100,251 $53,600 +0.9%
Net Income $27,511 $-10,498 -3.6%
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
8
Independent Members
8
Employees
N/A
Volunteers
N/A

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
3
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOSEPH P CRAVEN III PRESIDENT 15.00
Officer Director
$0 $0 $0
ROBERT JOB IV TREASURER 10.00
Officer Director
$0 $0 $0
KAITLYN FISCHER DIRECTOR 1.00
Director
$0 $0 $0
JOSEPH P GENNACO CLERK 1.00
Officer Director
$0 $0 $0
WILLIAM DUNIGAN DIRECTOR 1.00
Director
$0 $0 $0
EMILY PACHUTA DIRECTOR 1.00
Director
$0 $0 $0
ASHLEY MCMANUS DIRECTOR 1.00
Director
$0 $0 $0
HOLLY FRAMSTED DIRECTOR 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
2025 $127,762 $100,251 $52,251 $27,511
2024 $43,102 $53,600 $24,740 $-10,498
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