Seifert Family Foundation

Nonprofit profile at a glance

EIN
873810617
IRS 990-EZ coverage
2021–2024
Forms available
Form 990-EZ 2024
Location
Cincinnati, OH, USA
Phone
8592402097
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Christianity
Affiliation
Christianity

Reported finances

Revenue
$-26,986
Expenses
$2,802
Assets
$14,625
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

2 people listed

Executive titles in this filing

  • DANIEL SEIFERT (PRESIDENT, TREASURER, DIRE)
  • CATHERINE SEIFERT (VICE PRESIDENT, SECRETARY,)

People named in this filing

  • DANIEL SEIFERT (PRESIDENT, TREASURER, DIRE)
  • CATHERINE SEIFERT (VICE PRESIDENT, 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

Financial support to schools/students

What it reported doing in 2024

The nonprofit was organized for the purpose of financially supporting the operations of schools/other educational institutions that are trying to break the cycle of poverty & provide scholarship opportunities to empower & advance high school/college education. The nonprofit made grants for this purpose and continue to look for opportunities to fund.

Operating model

Revenue model
Donor-supported. 99% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 40% for direct work, and 60% for grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 80
  • Transparency & Controls: 82
  • Sustainability: 43
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 92.4%; rating input score 92
  • Program expense ratio: 59.8%; rating input score 60

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -110.4%; rating input score 7; 7th percentile among comparable filings
  • Total-asset coverage ratio: 5.22; rating input score 85; 85th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 59.2% per year; rating input score 100; 94th percentile among comparable filings
  • Revenue growth: -466.3% per year; rating input score 0; 0th percentile among comparable filings
  • Asset growth: -68% per year; rating input score 0; 2nd percentile among comparable filings

Details

  • Where the money goes: 92.4% of revenue deployed · 59.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $2K in reported program spending
  • Leadership: top reported pay $0 · 2 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 4 filing years from 2021 to 2024
  • Contacts: How to reach this organization
  • 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.

  • High — Sustainability: Operating margin scored 7/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.