The Sdg Foundation EIN 84-3089742 Form 990 (PDF) Claim this org

The Sdg Foundation FY2022 filing

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Hosts an annual golf fundraiser to support local Philadelphia charities. For fiscal year 2022 it reported $160K in revenue, $178K in expenses, and $118K in net assets.Pt I

Type
Public foundation / grantmaker · Foundations & Grantmakers
Location
Delray Beach, FL
Website
www.stammdevelopment.com/the-sdg-foundation
Filings
5 on file (2020–2022)
Revenue
$160KFY2022
Expenses
$178K
Net assets
$118K
People
3
Filings
5
Updates
0
More identity details & actions ⌄
EIN  84-3089742 Public foundation / grantmaker Delray Beach, FL
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →
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Size
<$100K
What they do
Hosts an annual golf fundraiser to support local Philadelphia charities.
Leadership
Michael Stamm · President
Money in and out
$160K revenue, $178K expenses
Bottom line
86% program efficiency
Grants paid & assets · FY2022
Total revenue
$160K
Pt VIII · Ln 12
Total expenses
$178K
Pt IX · Ln 25
Net assets
$118K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$18K
Where spending went · Part IX cols B–D
Program services $0.86 Management & general $0.12 Fundraising $0.01
Program efficiency
86%
of spending reaches programs
Operating runway
14.6mo
months of highly liquid reserves at operating expense rate
Surplus margin
-11%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$160K
FY2022▼ -15%
Expenses
$178K
FY2022▲ +29%
Total assets
$228K
FY2022▲ +67%
Total liabilities
$110K
FY2022
Total revenue
$160K
Pt VIII · Ln 12
Total expenses
$178K
Pt IX · Ln 25
Net assets
$118K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$18K
Total assetsPt X · Ln 16$228K
Program-expense ratioPt IX · col B86%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43
Mission & Programs · Part III

Where the work happens

1 program service account for $154K of program spending, described in the organization's own filed words · FY2022.
01

The SDG foundation made grants to various community organizations in philadelphia and palm beach county, florida. Included, have been scholarships to inner city first time college students, food drives, support for a secondary education trade school, etc.

$154Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CThe Sdg Foundation
EINHdr · item D84-3089742
Principal addressHdr · item CDelray Beach, FL
Year of formationHdr · item Lpending
State of legal domicileHdr · item MFL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T50)
Ruling yearIRS BMFOct 2019

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Chair of the Board
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants100%$160K
Total revenueLn 12$160K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.86 Management & general $0.12 Fundraising $0.01
Program services86%$154K
Management & general12%$22K
Fundraising1%$2K
Total functional expensesLn 25$178K

Balance Sheet

Part X · end of year
CashLn 1$217K
Total assetsLn 16$228K
Total liabilitiesLn 26$110K
Total net assetsLn 32$118K
Months of cash on handcomputed14.6

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $217K · Operating expenses/yr $178K
14.6 months
Where the money goes
Program services
Program services $154K · Total expenses $178K
86%
Management & General
Management & general $22K · Total expenses $178K
12%
Fundraising
Fundraising $2K · Total expenses $178K
1%
Cost to raise $1
Fundraising expense (2-yr avg) $1K · Solicited contributions (2-yr avg) $81K
$0.01 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $160K · Total revenue $160K
100%
Government reliance
Government grants — · Total revenue $160K
Earned-income share
Program service revenue $0 · Total revenue $160K
0%
Investment reliance
Investment income $0 · Total revenue $160K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $178K
0%
Growth & trend
Revenue growth (YoY)
This year $160K · Prior year $187K
-15%
Net-asset trend (YoY)
End of year $118K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $160K · Expenses $178K
-11%
Liabilities-to-Assets
Total liabilities — · Total assets $228K
Net-asset ratio
Net assets $118K · Total assets $228K
52%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $228K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Michael Stamm · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $178K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $178K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 86%
Overhead ratio 12%
Fundraising cost ratio 1%
Revenue growth -15%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · this organization's grantmaking
Grants paid · 11 grants · $251K · 2021–2022
Michael's Giving HandFY2022$20,000
Liguori AcademyPA · FY2022$18,000
Unitemized GrantFY2022$7,000
Heights PhiladelphiaPA · FY2021$30,000
Liguori AcademyPA · FY2021$28,000
North Light Community CenterPA · FY2021$20,780
Old Pine Community CenterPA · FY2021$12,577

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$12K revenue · ⤓ 990 PDF
FY2023$10K revenue · ⤓ 990 PDF
FY2022$160K revenue · viewing · ⤓ 990 PDF
FY2021$187K revenue · ⤓ 990 PDF
FY2020$100K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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