The Seneca Inc
- Assets
- $202.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cambridge, MA
- Founding
- 10/2000
- Data as of
- 06/2023
- EIN
- 04-3464134
Organization Overview
The Seneca Inc is located in Cambridge, MA. The organization was established in 2000. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Seneca Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Seneca Inc generated $8.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (14.1%) each year. All expenses for the organization totaled $13.7k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (9.7%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jamie Tanzer Alumni Coordinator | 3 | $0 | |
Shola Akinshemoyin Vice President | 3 | $0 | |
Liza Pincus Treasurer | 3 | $0 | |
Bushra Hamid President | 3 | $0 | |
Niha Jain Secretary | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $654 |
| Investment income | $3,753 |
| Gain or Loss | $3,867 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $8,274 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $5,800 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,731 |
| Total expenses | $13,661 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $202,402 |
| Other assets | $0 |
| Total assets | $202,402 |
| Total liabilities | $0 |
| Net assets or fund balances | $202,402 |