TABLESEIDE CARES INC Miss Susie's Newtown Kitchen

Nonprofit profile at a glance

EIN
821821222
IRS 990-EZ coverage
2021–2021
Forms available
Form 990-EZ 2021
Location
Sarasota, FL, USA
Phone
9415387330
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Employment N.E.C.

Official website

Reported finances

Revenue
$153,702
Expenses
$95,058
Assets
$56,628
Liabilities
$162,595

Source: IRS Form 990-EZ. Selected filing: tax year 2021. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • Lisa Seidensticker (CEO)

People named in this filing

  • Lisa Seidensticker (CEO)
  • Andrew Grossman (CFO)
  • Golden Monix (Executive Chef)

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 2021. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

We educate and prepare people for careers in the hospitality industry who may otherwise be unemployed and/or in search of a career path. We provide education, tools and connections to well paying jobs with upward mobility within the Service/Hospitality Industry. Our program assists wayward high school students up to and including adults with limited employment opportunities due to various circumstances. We run a food truck that creates awareness for our programs and provides jobs for the Newtown Community in Sarasota. We also run an after school education program at Booker High School in Sarasota County.

What it reported doing in 2021

Miss Susie's Food truck generates revenue for our Booker High School education program, recruit students to the program and creates jobs within the Newtown community. In 2021 we created 7-10 new jobs and recruited 12 students to join our first education cohort at Booker High School.

Operating model

Revenue model
Donor-supported. 86% of the money available for current operations came from contributions and gifts.
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

STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Total assets are small relative to annual expenses; liquid coverage is unknown and liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 76
  • Transparency & Controls: 100
  • Sustainability: 52
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 61.8%; rating input score 62
  • Program expense ratio: 100%; rating input score 100

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: 38.2%; rating input score 83; 83rd percentile among comparable filings
  • Total-asset coverage ratio: 0.6; rating input score 36; 36th percentile among comparable filings
  • Liabilities to assets ratio: 2.87; rating input score 1; 1st percentile among comparable filings
  • Officer compensation ratio: 22.6%; rating input score 18; 18th percentile among comparable filings

Growth

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

Details

  • Where the money goes: 61.8% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $95K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • Moderate — Sustainability: Total-asset coverage ratio scored 36/100.
  • High — Sustainability: Liabilities to assets ratio scored 1/100.
  • High — Sustainability: Officer compensation ratio scored 18/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.