The Sesh Foundation
Nonprofit profile at a glance
- EIN
- 933342981
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990-EZ 2024
- Location
- Houston, TX, USA
- Rating
- 43
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Small Business Development
Reported finances
- Revenue
- $1,699
- Expenses
- $1,112
- Assets
- $587
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Margaret Segrich (CEO)
People named in this filing
- Margaret Segrich (CEO)
- Katherine Ligon (Secretary)
- John Segrich (Treasurer)
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
The organizational purpose of The Sesh Foundation is to provide grants for work and meeting spaces to non-profits, community organizations and businesses owned by and impacting women, communities of color and the LGBTQ+ community. We will accomplish this by working alongside space providers, chambers of commerce, and other community organizations who will help us provide access to space and other resources for founders and organization leaders to focus on their mission, grow and expand their impact.
What it reported doing in 2024
Initial Formation Year, was not funded until 2024
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
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
MIXED - The filed numbers largely add up and revenue 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: 8
- Transparency & Controls: 82
- Sustainability: 55
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 6.6%; rating input score 7
- Program expense ratio: 10.1%; rating input score 10
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 34.5%; rating input score 84; 84th percentile among comparable filings
- Total-asset coverage ratio: 0.53; 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: Limited
- Revenue growth: 148.7% per year; rating input score 100; 99th percentile among comparable filings
- Asset growth: 200% per year; rating input score 100; 100th percentile among comparable filings
Details
- Where the money goes: 6.6% of revenue deployed · 10.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $112 in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 6 of 7 current checks pass · 1 finding to review
- 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.
- High — Financial Efficiency: Mission deployment rate scored 7/100.
- High — Financial Efficiency: Program expense ratio scored 10/100.
- Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
- Moderate — Sustainability: Total-asset coverage ratio scored 31/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.