The Sfig Foundation INC

Tax-deductible

Washington, DC501(c)(3)EducationEIN 81-3982260Revenue $18K in FY2024

On file with the IRSstructuredfinancefoundation.org1776 I St Nw Ste 200, 20006-3750 · Washington, DCTax-exempt since Mar 2017Supporting org, Type I — 509(a)(3)

This page gets seen. Tell your story. Claim this org.

The Foundation provides college scholarships to two groups. One is high school students who have successfully participated in mentor Foundation usa's career mentoring or youth ambassador programs. The second is current college students at the university of the district of columbia who are pursuing business majors.

501(c)(3) charity; gifts are tax-deductible.
Run by 11 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · People: Part I, lines 5–6

Before you give

FY2024 · Form 990-EZIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990-EZ
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 3
filings with a surplus
Average deficit $61K a year · 44% of revenue · last 3 filings
Concern: a surplus in 0 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Named funders
2
named funders · $27K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$219K
total owed
No data yet: the filing does not give total assets.
Pt X · Ln 26
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$18K
-82% vs prior year
Net assets
$203K
By yearFY2020–FY2024
Revenue
$18K
FY2024▼ -82%
Tap a bar for its year
Revenue by fiscal year
FY2020$247K
FY2021$86K
FY2022$79K
FY2023$100K
FY2024$18K
Expenses
—
FY2024
Tap a bar for its year
Expenses by fiscal year
FY2020$277K
FY2021$191K
FY2022$128K
FY2023Not on file
FY2024Not on file
Net assets
$203K
FY2024▼ -11%
Tap a bar for its year
Net assets by fiscal year
FY2020$334K
FY2021$229K
FY2022$181K
FY2023$228K
FY2024$203K

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 2017.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

7 people listed on the 990-EZ.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Director/CEO of Sfig
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Executive Director
$0Pt VII · Sec A
See The Sfig Foundation INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

Programs and updates

Awards college scholarships to students in mentoring programs and business majors at UDC.

Provided by the organization

Know this organization? Claim it to add your story

2 programs · $116K · in their own filed words · FY2022
01

The sfig foundation is a 501(c)(3) not-for-profit organization currently partnering with mentor foundation usa and scholarship america to further the educational opportunities of underserved youth.

$96Kprogram expense
02

The sfig foundation partners with the university of the district of columbia to identify students in its school of business & public administration who are in need of funding to complete their degrees and who are majoring in business or a related field of study.

$20Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 2 funders$27K
Grants paid · 4 grants · $536K · 2020–2022
Unitemized GrantFY2022$115,000
Unitemized GrantFY2021$170,000
Unitemized GrantFY2020$240,000
First BookDC · FY2020$11,250

By the numbers

The FY2024 990-EZ, line by line.

1The main four
Money in
$18K
Other income$18K
Owns and owes
$203K
net assets
Liabilities$219K
People
7
listed
Paid0
2In more detail
Revenue in detail
Other income$18K
Total revenue$18K
Assets in detailEnd of year
Liabilities$219K
Net assets$203K
Operations
Employees0
Volunteers11
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $18K$203K 990 PDF
FY2023 $100K$228K 990 PDF
FY2022 $79K$128K−$48K$181K 990 PDF
FY2021 $86K$191K−$105K$229K 990 PDF
FY2020 $247K$277K−$30K$334K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.