Santa Monica Education Foundation

EIN: 953787674 501(c)(3)

Santa Monica, CA

Total Revenue
$3,532,242
Total Expenses
$3,465,855
Total Assets
$15,592,772
Net Assets
$14,082,675
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1982
Legal Domicile
CA
Principal Officer
Raymur Flinn
Phone
3103964557
Tax Period
2024-07-01 to 2025-06-30

Santa Monica Education Foundation, founded in 1982, is a community nonprofit that reported $3.5M in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year. Net assets of $14.1M represent 48 months of operating reserves.

Mission

The Santa Monica Education Foundation (SMEF) raises funds to enhance and supplement the curriculum of every public school in the city of Santa Monica.

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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 $2,662,964
Program Service Revenue $0
Investment Income $270,082
Other Revenue $599,196
TOTAL REVENUE $3,532,242

Expense Breakdown

Grants Paid $2,544,342
Salaries & Benefits $678,517
Fundraising Expenses $342,159
Program Expenses $2,904,030
Other Expenses $242,996
TOTAL EXPENSES $3,465,855

Year-over-Year Comparison

2024 2023 Change
Revenue $3,532,242 $4,068,151 -0.1%
Expenses $3,465,855 $3,926,741 -0.1%
Net Income $66,387 $141,410 -0.5%
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

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Liquidity & Cash Position

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Governance

Voting Members
16
Independent Members
16
Employees
8
Volunteers
45

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
5
$161,237
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Raymur Flinn Executive Dir. 40.00
Officer
$161,237 $0 $161,237
Danny Guggenheim President 0.00
Officer Director
$0 $0 $0
Kelly Naylor Vice President 0.00
Officer Director
$0 $0 $0
Thea Cappiccille Secretary 0.00
Officer Director
$0 $0 $0
Elizabeth Urquhart Treasurer 0.00
Officer Director
$0 $0 $0
Connie Alvarez Member 0.00
Director
$0 $0 $0
Emily Arms Member 0.00
Director
$0 $0 $0
Monica Batra Member 0.00
Director
$0 $0 $0
Elyse Bennett Member 0.00
Director
$0 $0 $0
John R Baracy Member 0.00
Director
$0 $0 $0
Alison Havel Member 0.00
Director
$0 $0 $0
Deb Love Member 0.00
Director
$0 $0 $0
Duncan Rolph Member 0.00
Director
$0 $0 $0
Marilyn Speakman Member 0.00
Director
$0 $0 $0
Pablo Clarke Member 0.00
Director
$0 $0 $0
Julie Waterstone Member 0.00
Director
$0 $0 $0
Jessica Lall Member 0.00
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 $3,532,242 $3,465,855 $15,592,772 $66,387
2024 $4,068,151 $3,926,741 $13,853,162 $141,410
2024 $4,068,151 $3,926,741 $13,853,162 $141,410
2023 $3,929,693 $3,943,390 $12,353,212 $-13,697
2022 $3,188,128 $1,257,217 $12,315,563 $1,930,911
2021 $4,335,486 $2,683,401 $13,289,146 $1,652,085
2020 $3,220,780 $3,240,253 $11,382,963 $-19,473
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