EMMETT-SPENCE FAMILIES EDUCATIONAL OPPORTUNITY INC

EIN: 921393785 501(c)(3) Philanthropy & Grantmaking

ROSEVILLE, CA

Total Revenue
$599,760
Total Expenses
$12,200
Total Assets
$10,818,560
Net Assets
$10,818,560
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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
2022
Legal Domicile
CA
Principal Officer
ROBERT REDDY
Phone
9164628881
Tax Period
2023-01-01 to 2023-12-31

EMMETT-SPENCE FAMILIES EDUCATIONAL OPPORTUNITY INC, founded in 2022, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $600K in total revenue in fiscal year 2023. Revenue fell 94% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $588K, a strong 98% operating margin.

Mission

TO MAKE DONATIONS TO VARIOUS EDUCATIONAL ORGANIZATIONS.

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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 $0
Program Service Revenue $0
Investment Income $219,373
Other Revenue $380,387
TOTAL REVENUE $599,760

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $12,200
TOTAL EXPENSES $12,200

Year-over-Year Comparison

2023 2022 Change
Revenue $599,760 $10,231,000 -0.9%
Expenses $12,200 N/A N/A
Net Income $587,560 $10,231,000 -0.9%
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
3
Independent Members
3
Employees
N/A
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT SPENCE PRESIDENT 1.00
Officer Director
$0 $0 $0
MARSHA SPENCE TREASURER 1.00
Officer Director
$0 $0 $0
ROBERT REDDY SECRETARY 1.00
Officer 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 No data No data No data No data
2024 No data No data No data No data
2023 $599,760 $12,200 $10,818,560 $587,560
2022 $10,231,000 No data $10,231,000 No data
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