Overview
What is Springboard Social Enterprises?
Springboard Social Enterprises is a nonprofit organization situated in Ladera Ranch, California. Its primary mission is to support nonprofit entities by offering management, accounting, and human resource services on a not-for-profit basis. This assistance empowers these organizations to achieve administrative efficiencies and cost savings, enabling them to more effectively fulfill their charitable and educational purposes. Springboard Social Enterprises also oversees these nonprofits to ensure compliance with relevant legal requirements and fosters social entrepreneurship within the entire Springboard nonprofit network. The organization aims to aid organizations that bring an innovative, entrepreneurial spirit to addressing social challenges both locally and globally.
Official website here: www.springboardse.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Springboard Social Enterprises has received a two-star rating from Charity Navigator, indicating a need for improvement in various areas of its operations. The organization has a score of 67%, showing some strengths, particularly in its program expense ratio which is high at 91.64%. This reflects a commitment to channeling resources into its programs. Furthermore, the board of directors is predominantly independent, with 75% of members meeting this criterion, which is a positive sign of governance.
However, there are notable weaknesses in the accountability and finance aspects, with a score of only 66%. The liability to assets ratio is concerning at 80.31%, suggesting potential financial risks. Additionally, the organization scored poorly in equity policies and processes, receiving only 1 out of 7 points, indicating that there may be significant gaps in their approach to equity and inclusion within their operations.
Overall, while Springboard Social Enterprises demonstrates a strong commitment to program funding and has good governance practices, it faces challenges in financial stability and equity strategy implementation. Addressing these limitations could enhance its operational effectiveness and overall impact in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Springboard Social Enterprises legitimate?
Springboard Social Enterprises is a legitimate nonprofit organization registered as a 501(c)(3) entity. Springboard Social Enterprises submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $809,251
Professional Fundraising Fees: $0
Other Salaries and Wages: $728,135
For more financial information, click here
Official website here: www.springboardse.org
What is the mission statement of Springboard Social Enterprises?
Springboard Social Enterprises is committed to supporting organizations that exhibit an innovative and entrepreneurial spirit in addressing social challenges, both locally and globally. Specifically, its mission involves assisting nonprofit organizations, such as Springboard Nonprofit Consumer Credit Management, Inc., and Springboard CDFI, in fulfilling their tax-exempt purposes. This support is provided through offering management, accounting, and human resource services on a not-for-profit basis. By doing so, Springboard Social Enterprises aims to help these nonprofits achieve administrative efficiencies and cost savings. As a result, these organizations can better accomplish the charitable and educational purposes for which they were established. Additionally, Springboard Social Enterprises exercises oversight over these nonprofits to ensure they comply with all legal requirements applicable to their operations. The organization promotes social entrepreneurship among all Springboard nonprofit entities.
Official website here: www.springboardse.org
Who is the CEO of Springboard Social Enterprises?
Cyndi Williams is the Secretary of Springboard Social Enterprises. The CEO's salary of Springboard Social Enterprises is $309,957 and their total compensation is $321,126.
Official website here: www.springboardse.org
What is the revenue of Springboard Social Enterprises?
Springboard Social Enterprises's revenue in 2022 was $2,793,716.
Official website here: www.springboardse.org
Who are the executives of Springboard Social Enterprises and what are their salaries?
The average compensation at Springboard Social Enterprises during 2022 was $66,843. There are 23 employees at Springboard Social Enterprises.
Here are 8 key members and their salaries (Springboard Social Enterprises's CEO's salary is $309,957 and their total compensation is $321,126):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $309,957
- Related: $0
- Other: $11,169
- Compensation: $173,100
- Related: $0
- Other: $13,911
- Compensation: $118,859
- Related: $0
- Other: $12,542
- Compensation: $106,939
- Related: $0
- Other: $0
- Compensation: $100,396
- Related: $0
- Other: $0
Official website here: www.springboardse.org
Where can I find the form 990 for Springboard Social Enterprises?
Springboard Social Enterprises's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.springboardse.org
Learn more at the official website: www.springboardse.org
Mission Statement of Springboard Social Enterprises
Springboard Social Enterprises is an organization with a mission to support nonprofit entities that bring an innovative, entrepreneurial spirit to addressing social challenges, both locally and globally. The corporation's primary objectives include providing management, accounting, and human resource services to its affiliated nonprofits, such as Springboard Nonprofit Consumer Credit Management, Inc., and Springboard CDFI, on a not-for-profit basis. This support aims to help these nonprofits achieve administrative efficiencies and cost savings, enabling them to better accomplish their charitable and educational purposes.
Furthermore, Springboard Social Enterprises exercises oversight over these nonprofits to ensure they comply with all applicable legal requirements regarding their business operations. By doing so, Springboard Social Enterprises promotes social entrepreneurship among its affiliated nonprofits, fostering an environment that encourages innovation and impactful solutions to societal challenges. This proactive approach to support and oversight allows the affiliated nonprofits to focus on their core missions, ultimately serving their communities more effectively.
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Impact
July, 2024
Springboard Social Enterprises supports organizations that bring an innovative, entrepreneurial spirit to social challenges both locally and globally. They assist these entities in achieving administrative efficiencies and cost savings, enabling them to better accomplish their charitable and educational purposes. Springboard Social Enterprises also exercises oversight to ensure compliance with legal requirements and promotes social entrepreneurship among all organizations they work with.
This information is meant to be a general summary of Springboard Social Enterprises. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$18,058
- Program Service Revenue: $2,755,729
- Gross Receipts: $2,822,777
Assets and Liabilities:
- Total Assets: $451,835
- Total Liabilities: $375,394
- Net Assets: $76,441
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STAFFING SERVICES INCO
Revenue
$2,488,849
CONSULTING INCOME
Revenue
$266,880
Organization Details
Founding Year
2016
Phone
(866) 954-7273Principal Officer
Cyndi Williams
Main Address
27762 ANTONIO PARKWAY L1 299, LADERA RANCH, CA, 92694
Website
www.springboardse.orgNTEE Category
Code: T50 - Philanthropy
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