Civic Intelligence

Sep Foundation

EIN 81-3048971 • 501(c)3 • Los Altos, CA

RevokedPub. 78 Eligible

Profile

Ensuring not-for-profit leaders can have access to executive level education, to let them scale their businesses for global impact.

Revocation date: May 15, 2019

171 Main St Ste 616Los Altos, CA 94022

alumnischolarship.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

22nd percentile

-22%

Higher net margin than 22% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

39th percentile

-11%

Faster asset growth than 39% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

16th percentile

-57%

Faster revenue growth than 16% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets60th percentile

Assets

Down

$267,669

Down $34,576 (-11%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$267,669

Down $34,576 (-11%) from 2023

Operations
Liabilities / Revenue62nd percentileNet Margin22nd percentile

Revenue

Down

$154,291

Down $201,178 (-57%) from 2023

Expenses

Down

$188,867

Down $70,593 (-27%) from 2023

Net Income

Down

-$34,576

Down $130,585 (-136%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth39th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400K$300K$200K$100K$0Assets 2021: $2,495Liabilities 2021: $02021Assets 2022: $206,236Liabilities 2022: $0Net Assets 2022: $206,2362022Assets 2023: $302,245Liabilities 2023: $0Net Assets 2023: $302,2452023Assets 2024: $267,669Liabilities 2024: $0Net Assets 2024: $267,6692024

Highlighted filing

2024

Assets$267,669
Liabilities$0
Net Assets$267,669
Open 2024 Filing

Operations Trend

Revenue Growth16th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2021: $20,482Expenses 2021: $78,070Net Income 2021: -$57,5882021Revenue 2022: $561,415Expenses 2022: $357,674Net Income 2022: $203,7412022Revenue 2023: $355,469Expenses 2023: $259,460Net Income 2023: $96,0092023Revenue 2024: $154,291Expenses 2024: $188,867Net Income 2024: -$34,5762024

Highlighted filing

2024

Revenue$154,291
Expenses$188,867
Net Income-$34,576
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$267,669
Liabilities
$0
Net assets
$267,669
Revenue
$154,291
Expenses
$188,867
Net income
-$34,576
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.68$0.00$2.68$1.54$1.89$0.35
2023Summary only. Only limited summary data is available for this year.$3.02$0.00$3.02$3.55$2.59$0.96
2022Summary only. Only limited summary data is available for this year.$2.06$0.00$2.06$5.61$3.58$2.04
2021Summary only. Only limited summary data is available for this year.$0.02$0.00$0.20$0.78$0.58
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.0
Gross Receipts
$154,291
Mission and Program Overview

Mission

Ensuring not-for-profit leaders can have access to executive level education, to let them scale their businesses for global impact.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$302,245$267,669▼ $34,576
Rtn Earn Endowment Incm Other Fnds$302,245$267,669▼ $34,576
Total Assets$302,245$267,669▼ $34,576
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$302,245$267,669▼ $34,576
Total Liabilities and Net Assets / Fund Balance$302,245$267,669▼ $34,576
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Diana DanielsChair
Dharmendra KumarSecretary/tr
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$154,291
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-34,576
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$106,867
Grants and Similar Amounts Paid$82,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$82,000--$82,000
Information Technology$3,717--$3,717
Other Expenses$929--$929
Total Functional Expenses$188,867$0$0$188,867
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Stanford UniversityStanford, CA501c3Academic Scholarship$82,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

“N/A”

Form 990, Page 6, Part VI, Line 11B

“Board of directors are provided a copy of the form 990 to review prior to filing of the tax return.”

Form 990, Page 6, Part VI, Line 19

“Requests may be submitted to board of directors. Secretary to make documents available via any reasonable method selected.”

Filing and Contact Details

Filer

Filer Name
Sep Foundation
EIN
81-3048971
Phone
8017555174
Address
171 MAIN ST STE 616, LOS ALTOS, CA 94022

Signing Officer

Name
Dharmendra Kumar
Title
Secretary/treasurer
Phone
8017555174
Signed
2025-11-17

Organization Details

Principal Officer
Diana Daniels
Formed
2016
Voting Board Members
2
Independent Board Members
2
Employees
0

Preparer

Firm
Foresight CPA Group
Address
10897 RIVERFRONT PARKWAY SUITE 125, SOUTH JORDAN, UT 84095
Preparer
Corey W Meurer CPA
Phone
8014159636
Raw XML Appendix262 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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