Sereniti Foundation Inc
Nonprofit profile at a glance
- EIN
- 933515362
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990-EZ 2024
- Location
- Aventura, FL, USA
- Phone
- 3058337506
- Rating
- 63
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Fund Raising and/or Fund Distribution
Reported finances
- Revenue
- $14,966
- Expenses
- $12,671
- Assets
- $3,839
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- ANDRES FRANCO (PRESIDENT)
- JENNIFER HEEGAARD (PRESIDENT)
People named in this filing
- AIDA LILIANA HEEGAARD (SECRETARY)
- ANDRES FRANCO (PRESIDENT)
- JENNIFER HEEGAARD (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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To create enduring and positive change by mobilizing resources and engaging donors to support initiatives that tackle urgent challenges in latin american countries. Through strategic partnerships and transparent resource management, we aim to implement projects that have a tangible impact on the lives of those in need.
What it reported doing in 2024
Help build homes in colombia for underprivileged families.
Operating model
- Revenue model
- Donor-supported. 72% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
SUPPORTED - The filed numbers largely add up and program spending has grown recently. 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: 46
- Transparency & Controls: 82
- Sustainability: 45
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 42.9%; rating input score 43
- Program expense ratio: 50.7%; rating input score 51
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 15.3%; rating input score 68; 68th percentile among comparable filings
- Total-asset coverage ratio: 0.3; rating input score 21; 21st 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: 42.2% per year; rating input score 100; 91st percentile among comparable filings
- Revenue growth: 33.8% per year; rating input score 100; 94th percentile among comparable filings
- Asset growth: 85.3% per year; rating input score 100; 98th percentile among comparable filings
Details
- Where the money goes: 42.9% of revenue deployed · 50.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $6K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2023 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 43/100.
- Review — Financial Efficiency: Program expense ratio scored 51/100.
- High — Sustainability: Total-asset coverage ratio scored 21/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.