2024-07-08T10:06:36-05:00 2023-08-31 BDO USA 200 PARK AVENUE 38TH FLOOR NEW YORK NY 10166 990 2022-09-01 132578670 SPONSORS FOR EDUCATIONAL OPPORTUNITY INC % VIJAY SANDHU VP FINANCE SPON 2129292040 55 EXCHANGE PLACE NEW YORK NY 10005 WILLIAM A GOODLOE PRESIDENT & CEO 2129792040 2024-07-03 true WILLIAM A GOODLOE 999009999 Paul Hammerschmidt P01384178 2128858000 2 2022 2023-04-26 12:10:37Z SEOSEIZING EVERY OPPORTUNITYGOLKIN WILLIAM A GOODLOE 55 EXCHANGE PLACE NEW YORK NY 10005 47676632 false X WWW.SEO-USA.ORG X 1965 NY SEE SCHEDULE O 29 29 662 1054 0 0 44656558 45537971 0 0 393725 587199 -1326169 -346366 43724114 45778804 1314026 1863670 0 0 26090708 30491618 0 0 2170367 12012485 11857555 39417219 44212843 4306895 1565961 71324699 76070925 5966403 6598734 65358296 69472191 X SEE SCHEDULE O false false 21604102 1543705 0 SEO SCHOLARS IS A FREE, EIGHT-YEAR, ACADEMIC PROGRAM THAT TRANSFORMS PUBLIC HIGH SCHOOL STUDENTS INTO COLLEGE GRADUATES. SEO SCHOLARS SUCCESSFULLY EDUCATES, AND MENTORS UNDERSERVED, LOW-INCOME PUBLIC HIGH SCHOOL STUDENT TO AND THROUGH COLLEGE--WITH A 90% COLLEGE GRADUATION RATE. SEO SCHOLARS EXCEED OR MATCH THE SAT SCORES OF ALL COLLEGE BOUND SENIORS NATIONALLY, ELIMINATING THE ACHIEVEMENT GAP AND 100% ARE ACCEPTED TO FOUR-YEAR COLLEGES. FOR FISCAL YEAR 2023 SEO SCHOLARS SERVED 1176 COLLEGE STUDENTS AT 192 CAMPUSES ACROSS 32 STATES. 8520622 258608 0 SEO CAREER PREPARES HIGH ACHIEVING AND UNDERREPRESENTED STUDENTS, INCLUDING BLACK, LATINX, AND NATIVE AMERICAN COLLEGE STUDENTS FOR CHALLENGING SUMMER INTERNSHIPS THAT LEADS TO COVETED FULL-TIME JOBS. SEO CAREER CLOSES THE OPPORTUNITY GAP BY PROVIDING ENTRY TO HIGH GROWTH PROFESSIONAL OPPORTUNITIES AND BEST -IN-CLASS TRAINING FOR STUDENTS TO SUCCEED. IN 2022 AND 2023 OVER 1900 SEO INTERNS WERE RECRUITED FOR PARTNERS NATIONWIDE AND 77 % OF THE ELIGIBLE INTERNS RECEIVED FULL TIME JOB OFFERS. TO DATE SEO HAS RECRUITED OVER 9,100 INTERNS FOR ITS U.S. PARTNERS. 2181656 0 0 SEO ALTERNATIVE INVESTMENTS PROVIDES EDUCATION, ACCESS, AND CAREER DEVELOPMENT TO BOTH YOUNG AND EXPERIENCED PROFESSIONALS WHO ARE TRADITIONALLY UNDERREPRESENTED IN THE ALTERNATIVE INVESTMENTS SECTOR.THE INITIATIVE INCLUDES: THE SEO ALTERNATIVE INVESTMENTS FELLOWSHIP PROGRAM (AIFP); INTERNSHIPS WITH ALTERNATIVE INVESTMENTS FIRM; AND THE SEO ALTERNATIVE INVESTMENTS CONFERENCE. MORE THAN 630 INDIVIDUALS ATTENDED SEO'S 2023 ALTERNATIVE INVESTMENTS CONFERENCE. SINCE INCEPTION 90% OF ELIGIBLE FELLOW HAVE RECEIVED FULL TIME JOB OFFERS IN THE ALTERNATIVE INVESTMENTS SECTOR. 4682929 61357 0 36989309 true true false false false false false false false true true false false false true true true false false false false false false false true false false false true true false false false false false false false false true false false false false false false false false true 191 0 true 662 true false false false false false true true false false false false false false X 29 29 false false false false false false false true true false false true true true true true true false false false AL AK AR CA CO CT DC FL GA HI IL KS KY ME MD MA MI MN MS NV NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI X X VIJAY SANDHU VP FINANCE 2129792040 55 EXCHANGE PLACE NEW YORK NY 10005 X William Goodloe President & CEO 40.0 0.0 X 736017 0 56724 Julian Johnson THRU 83123 Executive Vice President 40.0 0.0 X 346796 0 50777 Mindy Davis sr vp&mg dir, seo career 40.0 0.0 X 281257 0 49528 Rene Goldberg VP-Information Technology 40.0 0.0 X 249542 0 66602 Catherine Finneran vp, seo scholars, college 40.0 0.0 X 208376 0 72056 Omar Wandera EXECUTIVE DIR., SEO SCHOLAR 40.0 0.0 X 202958 0 72571 Nicole Moore VP-Head of Career Program&OPS 40.0 0.0 X 218156 0 56039 Colin Shay DIR-EXE INIT./Acting HR DIR. 40.0 0.0 X 206261 0 55203 Raina Singh VP-Alternative Investments 40.0 0.0 X 198222 0 51003 Valin Jordan Nat'l Dir-Learning&EvaluatiON 40.0 0.0 X 188610 0 28822 Nicole McCauley SR DIR, SEO SCHOLARS, HS 40.0 0.0 X 197419 0 19493 Alison Soler Director - Development 40.0 0.0 X 180985 0 30964 Daree Lewis Director-Leadership InstitutE 40.0 0.0 X 158994 0 19877 Saratu Ghartey Chief Operating Officer 40.0 0.0 X 130063 0 39892 Sarah E Levin Goodstine former Chief Admin. 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THE BOARD DESIGNATED ENDOWMENT SERVES AS THE ACCUMULATED BUDGET SURPLUSES SERVING AS A GENERAL RESERVE. SCHEDULE D, PART X, LINE 2: SEO IS A NOT-FOR-PROFIT ORGANIZATION EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND, THEREFORE, HAS MADE NO PROVISIONS FOR INCOME TAXES IN THE ACCOMPANYING FINANCIAL STATEMENTS. IN ADDITION, SEO HAS BEEN CLASSIFIED AS A PUBLIC CHARITY UNDER SECTIONS 509(A)(1) AND 170(B)(1)(A)(VI) OF THE IRC. SEO HAS ANALYZED THE TAX POSITION TAKEN IN ITS FILINGS WITH THE INTERNAL REVENUE SERVICE (IRS) AND STATE JURISDICTION WHERE IT OPERATES. SEO BELIEVES THAT ITS INCOME TAX FILING POSITION WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE EFFECT ON SEO'S FINANCIAL CONDITION, RESULTS OF OPERATION, OR CASH FLOWS. ACCORDINGLY, SEO HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN TAX POSITIONS AT AUGUST 31, 2023. 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Officer 124960 0 0 0 0 0 18800 0 13066 0 156826 0 0 0 Part I, Line 7: Bonuses were paid based on the performance of the individuals and within the approved budget. Bonuses were taxable and reported on the individuals' 2022 form w-2s, and included on schedule j, part ii in column b (ii). X 9 605721 MARKET QUOTATION 0 false false false PART I, COLUMN B: THE NUMERICAL DATA HERE REPRESENTS THE TOTAL NUMBER OF CONTRIBUTIONS. FORM 990, PART I, LINE 1: SEO PREPARES UNDERSERVED YOUNG PEOPLE TO LEAD BY EXAMPLE IN THEIR FAMILIES' COMMUNITIES AND CAREER. IT PROVIDES SUPERIOR EDUCATIONAL AND CAREER PROGRAMS TO YOUNG PEOPLE WHO ARE UNDERSERVED AND/OR UNDERREPRESENTED. FORM 990, PART III, LINE 1: SEO'S MISSION IS TO CREATE A MORE EQUITABLE SOCIETY BY DELIVERING SUPERIOR PROGRAMS TO CLOSE THE ACADEMIC AND CAREER OPPORTUNITY GAPS FOR YOUNG PEOPLE FROM UNDERSERVED AND/OR UNDERREPRESENTED BACKGROUND. WE DO THIS BY PROVIDING HIGH SCHOOL AND COLLEGE STUDENTS WITH THE ACADEMIC SKILLS AND PERSONAL TOOLS TO TAKE FULL OWNERSHIP OF THEIR EDUCATION, NAVIGATE AND GRADUATE COLLEGE. WE ALSO RECRUIT AND PREPARE COLLEGE STUDENTS AND YOUNG PROFESSIONAL TO ENTER LEADING COMPANIES AND ADVANCE IN THEIR CAREERS. FORM 990, PART III, LINE 4D: SEO LAW HELPS UNDERSERVED ASPIRING AND INCOMING LAW SCHOOL STUDENTS EXCEL IN THEIR LEGAL CAREERS. SEO'S LAW CATALYST PROGRAM SUPPORTS STUDENTS IN GAINING ADMISSION TO LAW SCHOOL THROUGH A COMBINATION OF LSAT PREPARATION, ADMISSIONS CONSULTATION AND ATTORNEY MENTORSHIP. SEO'S LAW FELLOWSHIP IS A PREMIER TRAINING PROGRAM THAT OFFERS INCOMING LAW STUDENTS ACCESS TO PAID INTERNSHIPS AT TOP LAW FIRMS, IMMERSIVE MENTORSHIP, NETWORKING, AND LAW SCHOOL PREPARATION AND TRAINING, GIVING THEM THE BEST CHANCE FOR EXCELLING LAW SCHOOL. IN 2023, 195 SEO FELLOWS JOINED 47 SEO LAW PARTNERS NATIONWIDE. APPROXIMATELY 1,800 SEO'S LAW ALUMNI HAVE GONE ON TO HOLD POSITIONS RANGING FROM LAW PARTNERSHIP TO LEADERSHIP IN CIVIL SERVICE AND BUSINESS. THE SEO CATALYST PROVIDES SELECTED CATALYST SCHOLARS INTENSIVE LAW SCHOOL APPLICATION ASSISTANCE BY PROVIDING FREE LSAT PREPARATION CLASSES, WORKSHOPS, PERSONALIZED REVIEW OF APPLICATION MATERIALS, EXCLUSIVE DISCUSSION WITH LAW SCHOOL ADMISSIONS OFFICE, AND MENTORSHIP WITH A PRACTICING ATTORNEY. IN 2023, 55 SEO CATALYST PARTICIPATED IN THE PROGRAM. EXPENSES : $1,220,316 GRANTS : $0 REVENUE : $0 THE SEO LEADERSHIP INSTITUTE SUPPORTS THE PERSONAL AND PROFESSIONAL DEVELOPMENT OF SEO alumni AT EVERY STAGE OF THEIR CAREER. SEO ALUMNI HAVE THE OPPORTUNITY TO COMMUNICATE WITH ALUMNI ACROSS THE GLOBE TO SEEK ADVICE, SHARE SKILLS, AND EXCHANGE RESOURCES. THE SEO LEADERSHIP INSTITUTE ALSO PROVIDES ONGOING DEVELOPMENT OPPORTUNITIES: ONLINE MANAGEMENT AND SKILL BUILDING RESOURCES FROM HARVARD BUSINESS PUBLISHING AND OTHERS, WEBINARS, IN-PERSON TRAININGS, PROFESSIONAL AND EXECUTIVE COACHING, ACCESS TO EXPERTS AND CIVIC LEADERS, BOARD SERVICE, AND MORE. THE SEO LEADERSHIP INSTITUTE WILL ALSO BE A FORUM FOR SEO ALUMNI TO GATHER THEIR COLLECTIVE WISDOM AND INFLUENCE TO ADDRESS PROBLEMS THAT INORDINATELY AFFECT BLACK, LATINX, AND COMMUNITIES OF COLOR IN OUR SOCIETY. BY SUPPORTING YOUR PROFESSIONAL GROWTH AND CIVIC ENGAGEMENT, THE LEADERSHIP INSTITUTE WILL USE THE POWER OF OUR NETWORK TO ADVANCE ONE MISSION: THE CREATION OF A MORE EQUITABLE SOCIETY AT EVERY LEVEL, INCLUDING THE VERY TOP. EXPENSES : $1,274,247 GRANTS : $4,000 REVENUE : $0 OTHER PROGRAMS EXPENSES : $2,188,366 GRANTS : $57,357 REVENUE : $0 FORM 990, PART VI, SECTION B, LINE 11B: FORM 990 WAS PREPARED BY A NATIONAL ACCOUNTING FIRM IN CONJUNCTION WITH THE ORGANIZATION'S FINANCIAL DEPARTMENT. IT IS REVIEWED BY THE ORGANIZATION'S BOARD MEMBERS AND A COMPLETE COPY IS PROVIDED TO ALL MEMBERS OF THE ORGANIZATION'S BOARD PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C: THE MANAGER OF THE EXECUTIVE OFFICE SENDS THE CONFLICT OF INTEREST QUESTIONNAIRE TO EACH BOARD MEMBER AND KEY EMPLOYEE ANNUALLY AND UPON APPOINTMENT OR HIRE FOR COMPLETION. FORM 990, PART VI, SECTION B, LINE 15A: DURING CALENDAR 2022 THE BOARD REVIEWED AND VOTED ANY SALARY ADJUSTMENT FOR THE PRESIDENT & CEO. THIS IS DOCUMENTED VIA BOARD MINUTES. FORM 990, PART VI, SECTION B, LINE 15B: DURING CALENDAR 2022 THE PRESIDENT & CEO AND CHIEF ADMINISTRATIVE OFFICER DETERMINED THE EXECUTIVE LEADERSHIP TEAM'S SALARY ADJUSTMENTS. FORM 990, PART VI, SECTION C, LINE 19: SEO MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST AND ON SEO'S WEBSITE.