Nonprofit screen
Screen a listThe Seminar Network Inc
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- Registered
- Charity type
- 509(a)(1)
$173Mrevenue
FY2024 · −38% in 3 yrs47staff
6 of 6years filed
’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin8.1%
Months of reserve5.9mo
Revenue growth (annualized)+49.0%
Middle half of peersMedianSeminar Network
Where the money goes FY2024 · $159M spent
Programs$152M96%Management and general$6.8M4%Fundraising$5950%990 FY2024 · Part IX line 25
Worth checking2
A funder worth 16% of revenue stopped after FY2022
Roger and Susan Stone Family Foundation gave about $10M a year for three years, 16% of revenue in FY2022.
Funders’ 990-PF grant listsDeficits in 2 of the last 3 years
−$60M in FY2022 and −$99M in FY2023. Cash covers 5.9 months, above the peer median of 1.8.
990 Part I and balance sheetIn its favor2
Strong governance
3 of 4 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIGrowing faster than peers
Revenue up 49% a year since FY2019, in the top quarter of similar nonprofits.
990 Part I · peer cohort80funders
$48Ma year, last 3 years
63%from its largest funder
Funder’17’18’19’20’21’22’23Roger and Susan Stone Family FoundationStopped after FY2022$10M$11M$10M–Wjo FoundationOn and off$600k$1.5M$750kTroesh Family FoundationSince FY2022$209k$2.0MThe Chantal and Tommy Bagwell Foundation IncNew in FY2023$2.0MDouglas & Maria Devos FoundationOn and off$500k$1.0MWalton Family Foundation IncOn and off$1.5MDonor-advised giftsDonors not disclosed$110k$5.8M$13M$11M$22M$70M$16M36 other fundersUp to $1.0M a year each$66k$100k$824k$1.1M$1.8M$4.5M$2.1M
FundedThrough a donor-advised fundStopped