SOUTHERN EDUCATION FOUNDATION INC Charity Report

Public IRS 990 nonprofit record

SOUTHERN EDUCATION FOUNDATION INC

EIN 13-5562388 · Education (B010)

What they do

THE SOUTHERN EDUCATION FOUNDATIONS MISSION is to ADVANCE EQUITY and EXCELLENCE IN EDUCATION for ALL STUDENTS IN THE SOUTH, PARTICULARLY LOW-INCOME STUDENTS and STUDENTS of COLOR. SEF USES COLLABORATION, ADVOCACY, and RESEARCH to IMPROVE OUTCOMES FROM EARLY CHILDHOOD to ADULTHOOD. OUR CORE BELIEF is THAT EDUCATION is THE VEHICLE BY WHICH ALL STUDENTS GET FAIR CHANCES to DEVELOP THEIR TALENTS and CONTRIBUTE to THE COMMON GOOD. SEF STRIVES to FULFILL ITS MISSION THROUGH THE FOLLOWING CORE PROGRAM AREAS: EXPANDING EARLY LEARNING OPPORTUNITIES, ADVANCING PUBLIC EDUCATION and IMPROVING COLLEGE ACCESS and COMPLETION. SEF EXECUTES FIVE PRIMARY STRATEGIES ACROSS OUR PROGRAMS: LEVERAGING KNOWLEDGE of THE FIELD: BY ESTABLISHING and OPERATING TASK FORCES, WORK GROUPS, and LEARNING COMMUNITIES to ORGANIZE KNOWLEDGE and ADVANCE NEW SOLUTIONS to LONG STANDING PROBLEMS; PUTTING GOOD IDEAS to A FAIR TEST: PROMOTING, CONDUCTING, and USING DEMONSTRATIONS, PILOTS, and EVALUATIONS to SHAPE POLICY and PRAC

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $82.10 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 leaders16 people are listed in the latest report.

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

Money made simple

60.64%of revenue went to mission work82.1% of expenses · Program services

2.43%of revenue went to fundraising3.3% of expenses

$73.85spent for every $100 of revenueRevenue covered expenses this year.

10.78%of revenue went to management and office costs14.6% of expenses

$3.36in assets for every $1 spent this yearSome assets cannot be spent right away.

56.1%of its money came from giftsOther money may come from services or investments.

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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 $474,677 for RAYMOND PIERCE (PRESIDENT). 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$14,669,225

Mission workProgram services$8,895,44260.64% of revenue82.1% of expenses

ManagementOffice and general costs$1,581,44010.78% of revenue14.6% of expenses

FundraisingAsking for donations$356,3492.43% of revenue3.3% of expenses

Revenue left after expensesReported annual surplus$3,835,99426.15% of revenueShown in gray on the chart

Total expenses$10,833,23173.85% 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: 82.1% mission · 14.6% management · 3.3% fundraisingTotal expenses: 73.85% of revenue

2023Expense mix: 78.5% mission · 17.9% management · 3.6% fundraisingTotal expenses: 101.19% of revenue

2022Expense mix: 77.2% mission · 18.5% management · 4.3% fundraisingTotal expenses: 48.16% of revenue

2021Expense mix: 65.0% mission · 18.0% management · 17.1% fundraisingTotal expenses: 54.59% of revenue

2020Expense mix: 49.6% mission · 44.3% management · 6.1% fundraisingTotal expenses: 171.77% of revenue

2019Expense mix: 76.7% mission · 18.9% management · 4.4% fundraisingTotal expenses: 324.41% of revenue

2018Expense mix: 74.6% mission · 21.4% management · 3.9% fundraisingTotal expenses: 168.30% of revenue

2017Expense mix: 73.8% mission · 24.1% management · 2.1% fundraisingTotal expenses: 84.02% of revenue

Money in and money out

Revenue$14,669,225

Expenses$10,833,231

Annual surplus $3,835,994 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)$8,895,442 · 82.1% of expenses

Management and office costs$1,581,440 · 14.6% of expenses

Fundraising$356,349 · 3.3% of expenses

See all reported dollar amounts

Revenue$14,669,225

Expenses$10,833,231

Assets$36,382,579

Income$28,596,269

Contributions$8,225,676

Mission work (program services)$8,895,442

Fundraising$356,349

Grants given$2,216,044

Average grant$58,317

Management and general$1,581,440

Stocks and bonds$31,925,598

Accounting fees$51,500

Investing fees$81,545

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

RAYMOND PIERCEPRESIDENT · 40 hrs/week $474,677Base $402,271 · Other $72,406

KENITA WILLIAMSCHIEF OPERATING OFFICER · 40 hrs/week $262,151Base $222,300 · Other $39,851

SABA BIREDAEXECUTIVE DIRECTOR - BP · 40 hrs/week $246,587Base $231,000 · Other $15,587

LEIGHTON OSULLIVANCHIEF FINANCIAL OFFICER · 40 hrs/week $239,461Base $202,700 · Other $36,761

ARY SPATIG-AMERIKANEREXECUTIVE DIRECTOR - BP · 40 hrs/week $238,694Base $229,433 · Other $9,261

FRED JONES JRSENIOR DIRECTOR OF PUBLIC POLI · 40 hrs/week $212,311Base $163,596 · Other $48,715

MAX ALTMANDIRECTOR OF RESEARCH AND POLIC · 40 hrs/week $168,760Base $140,960 · Other $27,800

ESHE COLLINSDIRECTOR, EQUITY ASSISTANCE · 40 hrs/week $154,491Base $140,200 · Other $14,291

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 (16)

RAYMOND PIERCEPRESIDENT

KENITA WILLIAMSCHIEF OPERATING OFFICER

SABA BIREDAEXECUTIVE DIRECTOR - BP

LEIGHTON OSULLIVANCHIEF FINANCIAL OFFICER

ARY SPATIG-AMERIKANEREXECUTIVE DIRECTOR - BP

FRED JONES JRSENIOR DIRECTOR OF PUBLIC POLI

MAX ALTMANDIRECTOR OF RESEARCH AND POLIC

ESHE COLLINSDIRECTOR, EQUITY ASSISTANCE

AJAY MEHROTRATRUSTEE

CARESHIA MOORETRUSTEE

CHARLOTTE MORRISTRUSTEE

DR HAKIM LUCASCHAIR

JUDITH LEONARDTRUSTEE

KENNETH JONES IISECRETARY

LARRY BERGERTRUSTEE

MICHELE WARMANTRUSTEE

About this charity

Recognized since: January 1942
Location: 101 MARIETTA ST NW 1650, ATLANTA, GA 30303
County: Fulton
In care of: Leighton O'Sullivan
Primary officer: Leighton OSullivan, CFO

How to reach them

WebsiteVisit the charity’s website Emailinfo@southerneducation.org Phone(404) 523-0001

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: SMITH & HOWARD ADVISORY LLC
NTEE classification: Education (B010)
Grant-giving organization: Yes