Sfmade
- Assets
- $2.1m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 15
- Location
- San Francisco, CA
- Founding
- 10/2010
- Data as of
- 12/2023
- EIN
- 27-2850703
Organization Overview
Sfmade is located in San Francisco, CA. The organization was established in 2010. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Sfmade employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sfmade 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 12/2023, Sfmade generated $1.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $2.0m during the year ending 12/2023. While expenses have increased by 3.0% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT LOCAL MANUFACTURERS WHO CREATE JOBS AND CAREER PATHWAYS FOR LOCAL RESIDENTS WHO HAVE OVERCOME BARRIERS TO EMPLOYMENT FOR A MORE VIBRANT EQUITABLE AND RESILIENT ECONOMY. BINGING MANUFACTURERS INTO HIGH SCHOOL CLASSROOMS AND CREATING INTERNSHIPS TO PROVIDE EARLY EXPOSURE TO THE FIELD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SFMADE PROVIDES LOCAL MANUFACTURERS IN THE SAN FRANCISCO BAY AREA THE RESOURCES TO GROW, AND CREATE EMPLOYMENT OPPORTUNITIES FOR LOW-INCOME INDIVIDUALS, WITH A FOCUS ON PEOPLE OF COLOR, IMMIGRANTS, AND WOMEN. IN 2020, SFMADE SERVED OVER 700 MANUFACTURERS, PROVIDING THEM WITH MORE THAN 1,700 HOURS OF 1-ON-1 ADVISORY SERVICES TO HELP THEM RECOVER AND REBUILD. SFMADE ALSO WORKS DIRECTLY WITH MANUFACTURERS TO HELP THEM TO PREPARE FOR AND HIRE FROM THE LOCAL WORKFORCE. OUR WORKFORCE PROGRAMS SERVE BOTH ADULTS WITH SIGNIFICANT BARRIERS TO EMPLOYMENT AND LOW-INCOME YOUTH BY PLACING THEM DIRECTLY INTO TRAINING, PAID INTERNSHIPS, AND FULL-TIME EMPLOYMENT. FINALLY, OUR REGIONAL POLICY/PRACTICE PROGRAMS ENGAGE KEY STAKEHOLDERS ACROSS ALL 9 BAY AREA COUNTIES - INCLUDING LOCAL GOVERNMENT, COMMUNITY ORGANIZATIONS, AND HIGHER EDUCATION -TO CREATE A ROBUST REGIONAL MANUFACTURING SECTOR BY FOSTERING REGIONAL COLLABORATION AND COORDINATING THE COVID CRISIS RESPONSE FROM CITY GOVERNMENTS TO MAKE SURE MANUFACTURING IS A FRONT AND CENTER PRIORITY AND STRATEGY TO BUILD A MORE INCLUSIVE AND EQUITABLE ECONOMY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rosemarie Ovian Board Chair | OfficerTrustee | 1 | $0 |
Wenli Wang Board Vice Chair | OfficerTrustee | 1 | $0 |
Veronica Bell Board Secretary | OfficerTrustee | 1 | $0 |
Tracy Ericson Board Tresurer | OfficerTrustee | 1 | $0 |
Alicia Esterkamp Allbin Board Member | Trustee | 1 | $0 |
Hillary Baca Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $139,588 |
| Related organizations | $0 |
| Government grants | $1,028,282 |
| All other contributions, gifts, grants, and similar amounts not included above | $569,423 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,737,293 |
| Total Program Service Revenue | $104,600 |
| Investment income | $23,194 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$35,426 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,829,661 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $547,732 |
| Compensation of current officers, directors, key employees. | $85,665 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $657,898 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $173,118 |
| Payroll taxes | $92,410 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $37,644 |
| Fees for services: Accounting | $66,903 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $173,140 |
| Advertising and promotion | $46,061 |
| Office expenses | $7,013 |
| Information technology | $43,370 |
| Royalties | $0 |
| Occupancy | $60,380 |
| Travel | $5,669 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $29,567 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,510 |
| Insurance | $11,569 |
| All other expenses | $479 |
| Total functional expenses | $1,960,463 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,525,487 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $522,949 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $26,078 |
| Net Land, buildings, and equipment | $6,602 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,081,116 |
| Accounts payable and accrued expenses | $34,428 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $480,888 |
| Other liabilities | $0 |
| Total liabilities | $515,316 |
| Net assets without donor restrictions | $1,507,864 |
| Net assets with donor restrictions | $57,936 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,081,116 |
Grants Awarded
Over the last fiscal year, Sfmade has awarded $212,060 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
150 HOOPER INC PURPOSE: GENERAL SUPPORT | $68,984 |
HUMANMADE PURPOSE: GENERAL SUPPORT | $125,000 |
SOCIAL GOOD FUND PURPOSE: GENERAL SUPPORT | $18,076 |