SDMAC Foundation
Nonprofit profile at a glance
- EIN
- 810823681
- IRS 990-EZ coverage
- 2017–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2016
- Location
- San Diego, CA, USA
- Phone
- 6192993763
- Rating
- 50
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Military, Veterans' Organizations
Reported finances
- Revenue
- $29,973
- Expenses
- $33,068
- Assets
- $18,075
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Terry McKearney (President)
- Gerald Blanton (Vice President)
People named in this filing
- Terry McKearney (President)
- Gerald Blanton (Vice President)
- Luz Cordero-Lazott (Secretary)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Promote a general awareness and understanding of the importance of a strong national defense, especially as it relates to the San Diego region, and to support San Diego's active duty and retired military community through programs, initiatives, educational outreach, and events. the SDMAC Foundation will also study key military issues affecting the quality of life and strength of our nation's defense and the impact on San Diego's military, civic, governmental and business community.
What it reported doing in 2024
Scholarship awarded to bridge the tuition gap after the GI Bill expires by providing the necessary funds for the awardee to complete their degree at SDSU without incurring significant debt.
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
MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 32
- Transparency & Controls: 82
- Sustainability: 30
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 33.4%; rating input score 33
- Program expense ratio: 30.2%; rating input score 30
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -10.3%; rating input score 31; 31st percentile among comparable filings
- Total-asset coverage ratio: 0.55; rating input score 31; 31st 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: -28.4% per year; rating input score 0; 14th percentile among comparable filings
- Revenue growth: -25.1% per year; rating input score 0; 12th percentile among comparable filings
- Asset growth: -13.1% per year; rating input score 0; 14th percentile among comparable filings
Details
- Where the money goes: 33.4% of revenue deployed · 30.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $10K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 8 filing years from 2017 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 33/100.
- Moderate — Financial Efficiency: Program expense ratio scored 30/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 31/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 31/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.