Joe Sef Inc

Nonprofit profile at a glance

EIN
922255064
IRS 990-EZ coverage
2023–2023
Forms available
Form 990-EZ 2023
Location
Staten Island, NY, USA
Phone
9176992732
Rating
69
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$85,207
Expenses
$23,282
Assets
$61,925

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

1 person listed

Executive titles in this filing

  • MELISSA SEFERSHAYAN (President)

People named in this filing

  • MELISSA SEFERSHAYAN (President)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

At Joe Sef Inc, our goal is to inspire humanity through family, friendships, love, compassion, humor and always with music in the air. Joe was a family man, friend to all and your favorite neighborhood bartender. Joe loved watching his family and friends achieve their goals and become successful. He was always ready to lend a helping hand and his words of wisdom were always supportive. Through this foundation in Joe Sefershayans name, we are hoping to help people achieve their goals with financial and moral support.

What it reported doing in 2023

Charitable work for the benefit of music students in the staten island community.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 50
  • Transparency & Controls: 100
  • Sustainability: 73
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 25.3%; rating input score 25
  • Program expense ratio: 92.7%; rating input score 93

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 72.7%; rating input score 96; 96th percentile among comparable filings
  • Total-asset coverage ratio: 2.66; rating input score 71; 71st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 25.3% of revenue deployed · 92.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $22K in reported program spending
  • Leadership: top reported pay $0 · 1 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 4 filed schedules
  • Contacts: How to reach this organization
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 25/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.