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Social Enterprise Foundation Corporation

Social Enterprise Foundation Corp

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 822070549 ✦ Tucson, AZ ✦ Designated as a 501(c)(3)

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Overview

What is Social Enterprise Foundation Corporation?

Social Enterprise Foundation Corporation, also known as Social Enterprise Foundation Corp, is a nonprofit organization headquartered in Tucson, Arizona. Their primary focus is to provide mentoring and tutoring services, particularly in the fields of robotics and engineering, to Black Indigenous People of Color (BIPOC) aged between 16 and 25. Their mission is to bridge the racial gap in the high-tech industry by offering virtual education, networking opportunities, and advocating for technical opportunities for BIPOC. The corporation, which is a subsidiary of Social Enterprise Foundation Corporation (SEFC), was registered as a separate nonprofit in 2019, and its activities are aligned with Section 501c3 of the Internal Revenue Code, operating for educational and charitable purposes. With a team of 6 employees, the organization aims to equip BIPOC individuals with the necessary skills to compete in the high-tech industry.


Official website here: www.sefccorp.org

Is Social Enterprise Foundation Corporation legitimate?

Social Enterprise Foundation Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Social Enterprise Foundation Corporation 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: $80,613
Professional Fundraising Fees: $0
Other Salaries and Wages: $85,237

For more financial information, click here


Official website here: www.sefccorp.org

What is the mission statement of Social Enterprise Foundation Corporation?

The Social Enterprise Foundation Corporation, as a subsidiary of SEFC, is dedicated to bridging the racial gap in the high-tech industry. Through its mission, it provides training and technical development in engineering and computer engineering to Black Indigenous People of Color (BIPOC) aged 16-25. This is achieved via virtual education, networking, and advocacy for technical opportunities for BIPOC. The Corporation, registered as a nonprofit in 2019, operates under Section 501c3 of the Internal Revenue Code, focusing on educational and charitable purposes, including distributing funds to exempt organizations. Its primary goal is to equip BIPOC with the necessary skills to compete in the high-tech industry.


Official website here: www.sefccorp.org

Who is the CEO of Social Enterprise Foundation Corporation?

5907 N Placita Chico Tucson Az 85 is the Principal Officer of Social Enterprise Foundation Corporation. The CEO's salary of Social Enterprise Foundation Corporation is $80,613 and their total compensation is $80,613.


Official website here: www.sefccorp.org

What is the revenue of Social Enterprise Foundation Corporation?

Social Enterprise Foundation Corporation's revenue in 2020 was $348,068.


Official website here: www.sefccorp.org

Who are the executives of Social Enterprise Foundation Corporation and what are their salaries?

The average compensation at Social Enterprise Foundation Corporation during 2020 was $27,642. There are 6 employees and 3 volunteers at Social Enterprise Foundation Corporation.


Here are 6 key members and their salaries (Social Enterprise Foundation Corporation's CEO's salary is $80,613 and their total compensation is $80,613):


Melody R Jones (President Ceo)
  • Compensation: $80,613
  • Related: $0
  • Other: $0
John Forlizzi (Director Of Technology)
  • Compensation: $65,000
  • Related: $0
  • Other: $0
Camil Mortada (Assistant Director Of Students)
  • Compensation: $15,000
  • Related: $0
  • Other: $0
Paige Tang (Engineer Instructor)
  • Compensation: $2,808
  • Related: $0
  • Other: $0
Ashlea Kimbough (Intake Clerk)
  • Compensation: $675
  • Related: $0
  • Other: $0
Joshua Reyes (Mentor)
  • Compensation: $1,754
  • Related: $0
  • Other: $0


Official website here: www.sefccorp.org

Where can I find the form 990 for Social Enterprise Foundation Corporation?

Social Enterprise Foundation Corporation's most recent form 990 was submitted in 2020 and can be accessed here.


Official website here: www.sefccorp.org

Learn more at the official website: www.sefccorp.org

Mission Statement of Social Enterprise Foundation Corporation

The Social Enterprise Foundation Corporation, a nonprofit organization, is committed to bridging the racial gap in the high-tech industry. It achieves this mission by providing training and technical development in the fields of engineering and computer engineering to Black Indigenous People of Color (BIPOC) aged between 16 and 25. The corporation's goal is to equip these individuals with the necessary skillsets to compete effectively in the high-tech sector.

In line with its mission, the Social Enterprise Foundation Corporation functions as a subsidiary of Social Enterprise Foundation Corporation (SEFC), sharing administrative and educational services. Established in 2017 as a project under SEFC, the corporation was officially registered as a nonprofit entity in 2019. Its purpose is to offer educational, scientific, professional, and advocacy services, ensuring the smooth operation of all the corporation's affairs, including legal matters. The organization operates under Section 501c3 of the Internal Revenue Code, which governs tax-exempt organizations in the United States, with the aim of furthering educational and charitable causes.

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Impact




October, 2024

The Social Enterprise Foundation Corporation significantly impacts the lives of Black, Indigenous, and People of Color (BIPOC) aged 16-25 by equipping them with essential skills in engineering and computer engineering to thrive in the high-tech industry. Through targeted training and technical development, the organization addresses the racial disparities that exist within this field.

Students benefit from comprehensive mentoring and tutoring services that enhance their proficiency in robotics, engineering, math, and science. This tailored support not only improves their academic performance but also instills confidence and prepares them for future career opportunities in technology.

By fostering an environment of virtual education and networking, the foundation advocates for greater technical opportunities for BIPOC youth. This initiative not only helps close the racial gap in the high-tech industry but also empowers the next generation of innovators and leaders. The foundation’s work is crucial in creating a more equitable and diverse workforce in the technology sector, ultimately contributing to broader societal change.




This information is meant to be a general summary of Social Enterprise Foundation Corporation. 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.

Revenue
$348,068 (2020)
Expenses
$194,206 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Gross Receipts: $348,068

Assets and Liabilities:

  • Total Assets: $517,941
  • Total Liabilities: $0
  • Net Assets: $517,941

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Organization Details

Founding Year

2017

Principal Officer

5907 N Placita Chico Tucson Az 85

Main Address

6053 E GRANT RD 2, Tucson, AZ, 85712

NTEE Category

Code: B20 - Education

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