Form 990 for tax year 2024
Filed by SOCIAL ENTERPRISE INSTITUTE USA.
Totals
- Total revenue
- $1,953,819
- Total expenses
- $1,119,142
- Contributions and grants received
- $735,000
- Grants paid
- $0
- Program service revenue
- $1,218,691
- Investment income
- $128
- Other revenue
- $0
- Total assets, end of year
- $1,037,861
- Total liabilities, end of year
- $335,490
- Net assets or fund balances, end of year
- $702,371
- Program services expenses (Part IX)
- $1,023,691
- Management and general expenses
- $95,451
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,023,691
Program services were 91.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$735,000
-
1g · Noncash contributions included above
$735,000
-
2a · Program service revenue: ADVISORY FEES
total $181,234 · related or exempt $181,234
-
2b · Program service revenue: FISCAL SPONSORSHIP FEE
total $53,890 · related or exempt $53,890
-
2c · Program service revenue: GRANT ADMINISTRATION
total $805,019 · related or exempt $805,019
-
2d · Program service revenue: MANAGEMENT FEES
total $178,548 · related or exempt $178,548
-
3 · Investment income
total $128 · excluded $128
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $21,366 · program services $13,563 · management and general $7,803
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $39,027 · program services $19,947 · management and general $19,080
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $7,305 · program services $4,053 · management and general $3,252
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $40,236 · management and general $40,236
-
11c · Fees: accounting
total $10,800 · management and general $10,800
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $0
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $12,010 · program services $6,664 · management and general $5,346
-
17 · Travel
total $10,934 · program services $6,067 · management and general $4,867
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $1,050 · program services $583 · management and general $467
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $5,888 · program services $5,888
-
24a · Other expenses: outsourced services
total $945,321 · program services $945,321
-
24b · Other expenses: COMPUTER EXPENSE
total $19,624 · program services $19,624
-
24c · Other expenses: SUPPLIES
total $2,653 · management and general $2,653
-
24d · Other expenses: MISCELLANEOUS
total $2,127 · program services $1,180 · management and general $947
-
24e · All other expenses
total $801 · program services $801
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
end of year $0
-
2 · Savings and temporary cash investments
beginning of year $19,610 · end of year $163,330
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $12,455 · end of year $93,342
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $37,750 · end of year $781,189
-
17 · Accounts payable and accrued expenses
beginning of year $76,530 · end of year $162,437
-
22 · Loans and payables to officers and key people
beginning of year $3,000
-
23 · Secured mortgages and notes payable
beginning of year $39,620 · end of year $38,714
-
25 · Other liabilities
beginning of year $203,009 · end of year $134,339
-
27 · Net assets without donor restrictions
beginning of year -$252,344 · end of year $702,371
Mission and programs · 2024
Mission
SOCIAL ENTERPRISE INSTITUTE OF USA ACTS AS AN ORGANIZATIONAL DEVELOPMENT ANDTECHNICAL ADVISOR, PRIMARILY FOCUSING ON HELPING NONPROFITS BUILD OR ACQUIREFOR-PROFIT SUBSIDIARIES TO GROW PROGRAM SERVICE REVENUE FUNDING SOURCE. THE ORGANIZATION PROVIDES FINANCIAL ADVISING SERVICES THROUGH ITS WHOLLY OWNED SUBSIDIARY, THE SOCIAL IMPACT FUNDING BENEFIT CORPORATION (SIFB). NOTE THE SOCIAL IMPACT FUNDING BENEFIT CORPORATION (SIFB) WAS TRANSFERRED AS A WHOLLY OWNED SUBSIDIARY UNDER SOCIAL IMPACT PROPERTIES (SIP) ON JANUARY 1, 2021
Activities or mission (Part I)
Social Enterprise Institute of USA acts as an organizational development and technical advisor, primarily focusing on helping nonprofits build or acquire for-profit subsidiaries to increase program service revenue funding source. The organization provides financial advising services through its wholly owned subsidiary, the Social Impact Funding Benefit Corporation (SIFB). NOTE THE SOCIAL IMPACT FUNDING BENEFIT CORPORATION (SIFB) WAS TRANSFERRED AS A WHOLLY OWNED SUBSIDIARY UNDER SOCIAL IMPACT PROPERTIES (SIP) ON JANUARY 1, 2021
-
In 2023, Social Enterprise Group (SEG) pivoted its focus from primarily supporting nonprofits in developing social enterprises, and expanding their revenue models, to establishing itself as a community development organization. Our emphasis shifted to aiding organizations with successful programs that address the Social Determinants of Health, helping them expand their programs and facilities to maximize their social impact. To support this strategic shift, we developed three distinctive programs: Expansion Planning, Fiscal Sponsorship, and Land Banking. These service programs are essential to enabling nonprofits, for-profits, and quasi-governmental agencies to achieve their goals of impact maximization. We have discontinued all activities that are not supporting these programs. This strategic shift in focus and service program development is responsive to the markets need for specialized Program Expansion services. As a result of this change, 2024 has already shown a substantial increase in revenue and strong market momentum. Client results and referrals have underscored the success of our new approach, with steady growth in engagements across each of SEGs refined service program areas: Expansion Planning, Fiscal Sponsorship, and Land Banking. While our missionhelping those who help othersremains the same, our methods and the types of organizations we serve have evolved. This strategic shift reflects a deeper understanding of SEG's value, as we leverage our teams skills, experience, and organizational structure to maximize our clients socioeconomic impact.
Expenses $1,023,691
As filed on the 2024 return.
Listed in Part VII
-
Michele SmithMICHELE SMITH
Treasurer
- Total calculated
- $14,762
- From this org
- $14,762
- From related orgs
- $0
- Other
- $0
- Hours/week
- 0.25
-
James ReebJAMES REEB
President
- Total calculated
- $7,200
- From this org
- $7,200
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
James FrederickJAMES FREDERICK
COO
- Total calculated
- $7,200
- From this org
- $7,200
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Emma DrozEMMA DROZ
Past Secretary
- Total calculated
- $6,966
- From this org
- $6,966
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Lisa WeaverLISA WEAVER
Director
- Total calculated
- $0
- Hours/week
- 0.25
-
Daniel ArdronDANIEL ARDRON
Secretary
- Total calculated
- $0
- Hours/week
- 0.25
-
Peter MandellPETER MANDELL
Chairman
- Total calculated
- $0
- Hours/week
- 0.25
-
Otto MonroyOTTO MONROY
Director
- Total calculated
- $0
- Hours/week
- 0.25
-
Benjamin ParraBENJAMIN PARRA
Director
- Total calculated
- $0
- Hours/week
- 0.25
-
Jordan ScarcellaJORDAN SCARCELLA
Director
- Total calculated
- $0
- Hours/week
- 0.25
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(3) · RESEARCH AND EDUCATION OF SOCIAL ENTERPR · controlled entity
-
501(C)(3) · RESEARCH AND EDUCATION OF SOCIAL ENTERPR
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 24 October 2025
- IRS schema version
- 2024v5.2
- Source object
- 202542979349301764
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