SPONSORS FOR EDUCATIONAL OPPORTUNITY INC Charity Report

Public IRS 990 nonprofit record

SPONSORS FOR EDUCATIONAL OPPORTUNITY INC

EIN 13-2578670 · Education (B900)

What they do

SEO BELIEVES THAT WHILE TALENT is WIDELY DISTRIBUTED, OPPORTUNITY is NOT. SEO is OPEN to ALL to APPLY and PARTICIPATE IN OUR SIX DISTINCT PROGRAMS FOCUSED ON CLOSING THE EDUCATIONAL and CAREER OPPORTUNITY GAP: SEO SCHOLARS SERVES PUBLIC HIGH SCHOOL STUDENTS WITH LOCATIONS IN NYC, SAN FRANCISCO, NORTH CAROLINA, and MIAMI; SEO CAREER SERVES COLLEGE STUDENTS SEEKING SUMMER INTERNSHIPS; SEO ALTERNATIVE INVESTMENTS SERVES YOUNG PROFESSIONALS INTERESTED IN ENTERING THE ALTERNATIVES SECTOR; SEO TECH DEVELOPER SERVES COLLEGE STUDENTS INTERESTED IN PURSUING A CAREER IN TECHNOLOGY; SEO LAW SERVES PRE-LAW SCHOOL STUDENTS; and SEO LEADERSHIP INSTITUTE SERVES SEO ALUMNI INTERESTED IN PURSUING PROFESSIONAL DEVELOPMENT and CIVIC ENGAGEMENT.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $82.90 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders47 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

56.08%of revenue went to mission work82.9% of expenses · Program services

4.11%of revenue went to fundraising6.1% of expenses

$67.62spent for every $100 of revenueRevenue covered expenses this year.

7.43%of revenue went to management and office costs11.0% of expenses

$2.71in assets for every $1 spent this yearSome assets cannot be spent right away.

98.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $836,798 for WILLIAM GOODLOE (PRESIDENT AND CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$75,323,292

Mission workProgram services$42,243,94056.08% of revenue82.9% of expenses

ManagementOffice and general costs$5,595,5307.43% of revenue11.0% of expenses

FundraisingAsking for donations$3,096,6604.11% of revenue6.1% of expenses

Revenue left after expensesReported annual surplus$24,387,16232.38% of revenueShown in gray on the chart

Total expenses$50,936,13067.62% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 82.9% mission · 11.0% management · 6.1% fundraisingTotal expenses: 67.62% of revenue

2023Expense mix: 84.5% mission · 10.6% management · 4.9% fundraisingTotal expenses: 61.68% of revenue

2022Expense mix: 83.7% mission · 11.4% management · 4.9% fundraisingTotal expenses: 96.58% of revenue

2021Expense mix: 81.9% mission · 12.3% management · 5.8% fundraisingTotal expenses: 90.15% of revenue

2020Expense mix: 83.2% mission · 10.0% management · 6.7% fundraisingTotal expenses: 68.43% of revenue

2019Expense mix: 82.2% mission · 10.4% management · 7.3% fundraisingTotal expenses: 77.44% of revenue

2018Expense mix: 82.5% mission · 10.8% management · 6.7% fundraisingTotal expenses: 93.56% of revenue

2017Expense mix: 83.4% mission · 8.2% management · 8.4% fundraisingTotal expenses: 105.84% of revenue

Money in and money out

Revenue$75,323,292

Expenses$50,936,130

Annual surplus $24,387,162 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$42,243,940 · 82.9% of expenses

Management and office costs$5,595,530 · 11.0% of expenses

Fundraising$3,096,660 · 6.1% of expenses

See all reported dollar amounts

Revenue$75,323,292

Expenses$50,936,130

Assets$138,040,556

Income$82,878,813

Contributions$73,779,667

Mission work (program services)$42,243,940

Fundraising$3,096,660

Management and general$5,595,530

Stocks and bonds$33,874,127

Accounting fees$182,765

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

WILLIAM GOODLOEPRESIDENT AND CEO · 40 hrs/week $836,798Base $774,646 · Other $62,152

ANDREW FAIRBAIRNEXECUTIVE VICE PRESIDENT · 40 hrs/week $410,251Base $358,482 · Other $51,769

SARATU GHARTEYCHIEF OPERATING OFFICER AND LEGAL COUNSEL · 40 hrs/week $363,644Base $312,724 · Other $50,920

MINDY DAVISSVP AND MANAGING DIRECTOR - CAREER · 40 hrs/week $338,292Base $287,419 · Other $50,873

ELDRIDGE GILBERT IIISENIOR VICE PRESIDENT - SCHOLARS · 40 hrs/week $335,066Base $306,819 · Other $28,247

RENE GOLDBERGVICE PRESIDENT - INFORMATION TECHNOLOGY · 40 hrs/week $322,709Base $254,544 · Other $68,165

CATHERINE FINNERANVICE PRESIDENT · 40 hrs/week $299,309Base $223,452 · Other $75,857

NICOLE MOOREVICE PRESIDENT - HEAD OF CAREER PROG AND OPS · 40 hrs/week $276,689Base $217,554 · Other $59,135

KYOUNG LEEVICE PRESIDENT - PEOPLE AND CULTURE · 40 hrs/week $272,675Base $208,564 · Other $64,111

VIJAY SANDHUVICE PRESIDENT - FINANCE · 40 hrs/week $271,610Base $238,066 · Other $33,544

OMAR WANDERAEXECUTIVE DIRECTOR · 40 hrs/week $267,162Base $211,404 · Other $55,758

RAINA SINGHVICE PRESIDENT - ALTERNATIVE INVESTMENTS · 40 hrs/week $263,593Base $207,558 · Other $56,035

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (47)

WILLIAM GOODLOEPRESIDENT AND CEO

ANDREW FAIRBAIRNEXECUTIVE VICE PRESIDENT

SARATU GHARTEYCHIEF OPERATING OFFICER AND LEGAL COUNSEL

MINDY DAVISSVP AND MANAGING DIRECTOR - CAREER

ELDRIDGE GILBERT IIISENIOR VICE PRESIDENT - SCHOLARS

RENE GOLDBERGVICE PRESIDENT - INFORMATION TECHNOLOGY

CATHERINE FINNERANVICE PRESIDENT

NICOLE MOOREVICE PRESIDENT - HEAD OF CAREER PROG AND OPS

KYOUNG LEEVICE PRESIDENT - PEOPLE AND CULTURE

VIJAY SANDHUVICE PRESIDENT - FINANCE

OMAR WANDERAEXECUTIVE DIRECTOR

RAINA SINGHVICE PRESIDENT - ALTERNATIVE INVESTMENTS

ALISON SOLERDIRECTOR - DEVELOPMENT

NICOLE MCCAULEYSENIOR DIRECTOR

MILTON BERLINSKIBOARD MEMBER

MARK BIELERSECRETARY

MICHAEL OSHEOWITZBOARD MEMBER (UNTIL 03/25)

NICHOLAS HUMPHRIESBOARD MEMBER

NINON MARAPACHIBOARD MEMBER

NISHI SOMAIYABOARD MEMBER

ORLANDO BRAVOBOARD MEMBER

OSCAR SALAZARBOARD MEMBER

RAJ RAOBOARD MEMBER

RAMSEY D SMITHBOARD MEMBER

TAJ J CLAYTONBOARD MEMBER

VERDUN S PERRYVICE CHAIR

HYTHEM T EL-NAZERBOARD MEMBER

AMY ELLISBOARD MEMBER

CARLA A HARRISBOARD MEMBER

CHRIS LEEBOARD MEMBER

DEBORAH L HARMONBOARD MEMBER

EDWARD TAMBOARD MEMBER

ERIC J LEEBOARD MEMBER

FRANK A BAKERBOARD MEMBER

GILBERT A GARCIATREASURER

HARA AMDEMARIAMBOARD MEMBER

HENRY R KRAVISCHAIRMAN

MENNA M SAMAHABOARD MEMBER

JOHN CIVANTOSBOARD MEMBER

JOSEPH J PLUMERI IIBOARD MEMBER

JULIAN C SALISBURYBOARD MEMBER

KAMMY MOALEMZADEHBOARD MEMBER

KATHRYN WYLDEBOARD MEMBER

KEITH H WOFFORDBOARD MEMBER

KENNETH B MEHLMANBOARD MEMBER

MAYA CHORENGELBOARD MEMBER

MAYBEL MARTEBOARD MEMBER

About this charity

Recognized since: January 1965
Location: 55 EXCHANGE PL STE 601, NEW YORK, NY 10005-3301
County: New York
In care of: % VIJAY SANDHU VP FINANCE
Primary officer: WILLIAM A GOODLOE, PRESIDENT AND CEO

How to reach them

WebsiteVisit the charity’s website Phone(212) 929-2040

Filing and classification

Latest tax year: 2024
Tax period began: September 1, 2024
Return type: 990
Tax preparer: GELMAN ROSENBERG & FREEDMAN
NTEE classification: Education (B900)