The Social Enterprise Fund Inc
Nonprofit profile at a glance
- EIN
- 260431935
- IRS 990 coverage
- 2014–2025
- Forms available
- Form 990 2025
- Location
- Winter Park, FL, USA
- Phone
- 4073252133
- Rating
- 72
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- International Economic Development
Reported finances
- Revenue
- $351,606
- Expenses
- $259,434
- Assets
- $155,473
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
6 people listed
People named in this filing
- PAUL W MORGAN (CHAIRMAN & TREASURER)
- GEORGE MACKAY (VICE CHAIRMAN & SECRETARY)
- H THOMPSON SMITH (DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To support charitable development projects in north america, the caribbean, africa, and central american countries to provide economic stability, improved health, and better education to people living in absolute poverty.
What it reported doing in 2025
The social enterprise fund, inc. Was formed to sponsor charitable development projects in haiti, including the caribbean harvest project, education about haitian needs, and agricultural development, projects in nicaragua, including the nicaragua agricultural development project, veteranary services, physician services, alchoholic rehabilitation, international service by youth, projects in guatamala, including a reforestation project, and orphanage support in kenya. In subsequent years, the purpose was expanded to include humanitarian efforts and to provide alleviation of poverty by helping build self sustainably in domestic and international disadvantaged communities.
Operating model
- Revenue model
- Donor-supported. 100% 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 - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 73
- Transparency & Controls: 70
- Accountability: 94
- Sustainability: 61
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 72.6%; rating input score 73
- Program expense ratio: 98.4%; rating input score 98
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 90%; rating input score 90; 10th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: 0 of 8 controls in place; rating input score 0
- Claims monitoring procedures: Fail
- Requires narrative reports: Fail
- Conducts field audits: Fail
- May suspend future funding: Fail
- Requires financial reports: Fail
- Conducts site visits: Fail
- Requires grant agreements: Fail
- May require repayment: Fail
- Grant itemization coverage: 96%; rating input score 96; 58th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 6 of 7 controls in place; rating input score 86
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 26.2%; rating input score 77; 77th percentile among comparable filings
- Total-asset coverage ratio: 0.6; rating input score 28; 28th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 77; 77th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 67; 67th percentile among comparable filings
Growth
- Program expense growth: -8.5% per year; rating input score 0; 12th percentile among comparable filings
- Revenue growth: -6.8% per year; rating input score 0; 7th percentile among comparable filings
- Asset growth: -1% per year; rating input score 0; 19th percentile among comparable filings
Details
- Where the money goes: 72.6% of revenue deployed · 98.4% of spending went to programs
- Governance: 6 of 6 board members independent · 6 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $255K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 14 of 16 current checks pass · 2 findings to review
- Schedules: 6 filed schedules · includes major donors, foreign activity, and grants
- Filing history: 12 filing years from 2014 to 2025
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- Related organizations: 4 filed related-organization links
- 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 — Transparency & Controls: Foreign activity oversight: 8 of 8 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- High — Sustainability: Total-asset coverage ratio scored 28/100.
- High — Growth: Asset growth scored 0/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Review — Transparency & Controls: Foreign grant itemization did not reconcile in the filed values.