Civic Intelligence

Samuel E Massenberg Sr Foundation Inc.

990EZ • Fiscal year 2023 • EIN 81-4667852

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 07, 2024

464 Golden Gate Point Suite 401Sarasota, FL 34236

(973) 997-9589

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

58th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

99th percentile

100%

Higher net margin than 99% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

71st percentile

17%

Faster asset growth than 71% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

99th percentile

1129%

Faster revenue growth than 99% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$42,321

Up $6,127 (+17%) from 2022

Net Assets

Up

$42,321

Up $6,127 (+17%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Up

$6,147

Up $5,647 (+1129%) from 2022

Expenses

$20

No earlier filing loaded for comparison.

Net Income

$6,127

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60K$40K$20K$0Assets 2017: $1Liabilities 2017: $02017Assets 2018: $24,450Liabilities 2018: $0Net Assets 2018: $24,4502018Assets 2019: $34,897Liabilities 2019: $0Net Assets 2019: $34,8972019Assets 2020: $35,054Liabilities 2020: $0Net Assets 2020: $35,0542020Assets 2021: $35,694Liabilities 2021: $0Net Assets 2021: $35,6942021Assets 2022: $36,194Liabilities 2022: $0Net Assets 2022: $36,1942022Assets 2023: $42,321Liabilities 2023: $0Net Assets 2023: $42,3212023Assets 2024: $53,821Liabilities 2024: $0Net Assets 2024: $53,8212024

Highlighted filing

2023

Assets$42,321
Liabilities$0
Net Assets$42,321

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$80K$60K$40K$20K$0Revenue 2017: $0Expenses 2017: $0Net Income 2017: $02017Revenue 2018: $24,450Expenses 2018: $0Net Income 2018: $24,4502018Revenue 2019: $77,336Expenses 2019: $66,889Net Income 2019: $10,4472019Revenue 2020: $250Expenses 2020: $93Net Income 2020: $1572020Revenue 2021: $6402021Revenue 2022: $5002022Revenue 2023: $6,147Expenses 2023: $20Net Income 2023: $6,1272023Revenue 2024: $11,5002024

Highlighted filing

2023

Revenue$6,147
Expenses$20
Net Income$6,127
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 7, 2024
Return Version
2023v5.1
Gross Receipts
$6,147
Mission and Program Overview

Mission

The samuel e. Massenberg, sr. Foundation, inc. Is focused on the empowerment of underrepresented minority students in pursuit of their educational interests in the science, technology, engineering, and math (stem) fields of study; the provision of direct support to underrepresented minority students interested in stem fields of study; the support of charitable organizations that share a commitment to increasing the number of underrepresented minority students earning undergraduate and graduate degrees in stem fields of study.

Program Services

DescriptionGrantsExpenses
THE FOUNDATION HAS RECENTLY ENTERED INTO A PARTNERSHIP WITH THE UNIVERSITY OF MASSACHUSETTS TO DELIVER SUMMER STEM ORIENTED CAMPS UNDER THE NAME OF THE STEM SUMMER INSTITUTE. THE FIRST CAMP UNDER THIS PARTNERSHIP WILL BRING RISING 10TH GRADE STUDENTS FROM MULTIPLE UNDERSERVED COMMUNITIES ACROSS NEW JERSEY AND MASSACHUSETTS TO THE AMHERST CAMPUS OF THE UNIVERSITY OF MASSACHUSETTS IN THE SUMMER OF 2019. THE CAMP WILL PROVIDE INTENSIVE CLASSROOM AND LAB EXPERIENCES ALONG WITH MENTORING AND COACHING OPPORTUNITIES AS WELL AS EXPOSURE TO PROFESSIONALS WORKING IN STEM RELATED FIELDS.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MIRIAN GRADDICK-WEIRChief Executive Officer-$0--
MICHAEL J WEIRChief Operating Officer-$0--
MONIQUE M WEIRTreasurer-$0--
TIFFANY D GRADDICKSecretary-$0--
DANIELLE T GRADDICKDirector Of Developmnet-$0--
Filing and Contact Details

Filer

Filer Name
The Samuel E Massenberg Sr Foundation
EIN
81-4667852
Phone
9739979589
Address
464 GOLDEN GATE POINT SUITE 401, SARASOTA, FL 34236

Signing Officer

Name
Mirian Graddick-weir
Title
Chief Executive Officer
Phone
9739979589
Signed
2024-11-07
Discuss with paid preparer
Yes

Preparer

Firm
Cliftonlarsonallen Llp
Address
293 EISENHOWER PARKWAY 2ND FLOOR, LIVINGSTON, NJ 07039
Preparer
Bridget Hartnett
Phone
9739949494
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

Description: bank fee. Amount: 20.

Raw XML Appendix147 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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MICHAEL WEIR
IRS990EZ/BooksInCareOfDetail/PhoneNum09739979589
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MIRIAN GRADDICK-WEIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MICHAEL J WEIR
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4DANIELLE T GRADDICK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHIEF EXECUTIVE OFFICER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CHIEF OPERATING OFFICER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR OF DEVELOPMNET
IRS990EZ/OperateHospitalInd00
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IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE SAMUEL E. MASSENBERG, SR. FOUNDATION, INC. IS FOCUSED ON THE EMPOWERMENT OF UNDERREPRESENTED MINORITY STUDENTS IN PURSUIT OF THEIR EDUCATIONAL INTERESTS IN THE SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH (STEM) FIELDS OF STUDY; THE PROVISION OF DIRECT SUPPORT TO UNDERREPRESENTED MINORITY STUDENTS INTERESTED IN STEM FIELDS OF STUDY; THE SUPPORT OF CHARITABLE ORGANIZATIONS THAT SHARE A COMMITMENT TO INCREASING THE NUMBER OF UNDERREPRESENTED MINORITY STUDENTS EARNING UNDERGRADUATE AND GRADUATE DEGREES IN STEM FIELDS OF STUDY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE FOUNDATION HAS RECENTLY ENTERED INTO A PARTNERSHIP WITH THE UNIVERSITY OF MASSACHUSETTS TO DELIVER SUMMER STEM ORIENTED CAMPS UNDER THE NAME OF THE STEM SUMMER INSTITUTE. THE FIRST CAMP UNDER THIS PARTNERSHIP WILL BRING RISING 10TH GRADE STUDENTS FROM MULTIPLE UNDERSERVED COMMUNITIES ACROSS NEW JERSEY AND MASSACHUSETTS TO THE AMHERST CAMPUS OF THE UNIVERSITY OF MASSACHUSETTS IN THE SUMMER OF 2019. THE CAMP WILL PROVIDE INTENSIVE CLASSROOM AND LAB EXPERIENCES ALONG WITH MENTORING AND COACHING OPPORTUNITIES AS WELL AS EXPOSURE TO PROFESSIONALS WORKING IN STEM RELATED FIELDS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
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IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990ScheduleA/FactsAndCircumstancesTestTxt0THE SAMUEL E. MASSENBERG FOUNDATION WAS FORMED WAS FORMED IN 2018 FOCUSING ON THE EMPOWERMENT OF UNDERREPRESENTED MINORITY STUDENTS IN PURSUIT OF THEIR EDUCATIONAL INTERESTS IN THE SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH (STEM) FIELDS OF STUDY; THE PROVISION OF DIRECT SUPPORT TO UNDERREPRESENTED MINORITY STUDENTS INTERESTED IN STEM FIELDS OF STUDY; THE SUPPORT OF CHARITABLE ORGANIZATIONS THAT SHARE A COMMITMENT TO INCREASING THE NUMBER OF UNDERREPRESENTED MINORITY STUDENTS EARNING UNDERGRADUATE AND GRADUATE DEGREES IN STEM FIELDS OF STUDY.THE MAJORITY OF THE FOUNDATION'S SUPPORT IS RECEIVED FROM PUBLIC FUNDING. IN 2020 THE COVID-19 PANDEMIC IMPACTED THE FOUNDATION'S PUBLIC SUPPORT IN SEVERAL WAYS. 1) ANY FUNDRAISING EVENTS FOR THE YEAR WERE CANCELLED, WHICH RESULTED IN A SIGNIFICANT REDUCTION IN PUBLIC CONTRIBUTIONS; 2) ANY IN-PERSON ACTIVITIES, WHICH IS THE BASIS OF THE FOUNDATION'S MISSION, WERE CANCELLED. THESE REASONS RESULTED IN THE FOUNDERS OF THE FOUNDATION TO COVER OPERATING EXPENSES BY WAY OF DIRECT CONTRIBUTION. THE COMBINATION OF COVID-19 AND THE INCREASED FOUNDER FUNDING RESULTED IN THE PUBLIC SUPPORT PERCENTAGE DROPPING BELOW 33%.THE FOUNDATION WAS ABLE TO HOLD ITS FIRST IN-PERSON STEM CAMP IN 2022 AND CONTINUING IN 2023, WHICH ALLOWED THE FOUNDERS TO RECONNECT AND REENGAGE WITH PREVIOUS DONORS AS WELL AS ENGAGE NEW TYPES OF CONTRIBUTORS. WE REQUEST YOUR CONSIDERATION TO CONTINUE TO OPERATE AS A PUBLIC CHARITY AND CONTINUE TO MEET THE IRS STANDARDS WHILE CONTINUING OUR COMMITMENT TO EMPOWER THE UNDERREPRESENTED MINORITY STUDENTS IN STEM FIELDS OF STUDY.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: BANK FEE. AMOUNT: 20.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MIRIAN GRADDICK-WEIR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHIEF EXECUTIVE OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum09739979589
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE SAMUEL E MASSENBERG SR FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0SAMU
ReturnHeader/Filer/EIN0814667852
ReturnHeader/Filer/PhoneNum09739979589
ReturnHeader/Filer/USAddress/AddressLine1Txt0464 GOLDEN GATE POINT SUITE 401
ReturnHeader/Filer/USAddress/CityNm0SARASOTA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd034236
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0410746749
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CLIFTONLARSONALLEN LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0293 EISENHOWER PARKWAY 2ND FLOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LIVINGSTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd007039
ReturnHeader/PreparerPersonGrp/PhoneNum09739949494
ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRIDGET HARTNETT
ReturnHeader/ReturnTs02024-11-07T11:02:13-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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Filings