Score Foundation
- Assets
- $1.8m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 10
- Location
- Herndon, VA
- Founding
- 07/1996
- Data as of
- 09/2022
- EIN
- 52-1962712
Organization Overview
Score Foundation is located in Herndon, VA. The organization was established in 1996. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 09/2022, Score Foundation employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Score Foundation 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 09/2022, Score Foundation generated $1.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.0%) each year. All expenses for the organization totaled $2.3m during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (3.0%) per year over the past 7 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE SCORE FOUNDATION SUPPORTS THE SCORE ASSOCIATION IN ITS MISSION TO FOSTER VIBRANT SMALL BUSINESS COMMUNITIES THROUGH MENTORING AND EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHAPTER WORKSHOP GRANTS: THE SCORE FOUNDATION SUPPORTED THE DELIVERY OF EDUCATION BY THE CHAPTERS OF THE SCORE ASSOCIATION. CHAPTER PUT ON WORKSHOP, SEMINARS, AND WEBINARS CONTINUALLY TO HELP SMALL BUSINESSES.
EDUCATIONAL CONTENT: THE SCORE FOUNDATION SUPPORTED EDUCATIONAL CONTENT, TOOLS AND RESOURCES FOR THE SCORE ASSOCIATION TO HELP SMALL BUSINESS OWNERS AND STARTUPS SUCCEED. THIS INCLUDED BUSINESS TEMPLATES, E-GUIDES, CHECKLISTS, VIDEOS, AND ONLINE WORKSHOPS.
OTHER: MISCELLANEOUS SUPPORT FOR EDUCATION OF SCORE CLIENTS, WORKSHOPS OR OTHER SCORE ACTIVITIES TO SUPPORT SMALL BUSINESS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jessica Pisano Vice President | 40 | $194,367 | |
Elizabeth Dougert V.P. Ext. Rel. | 8 | $42,278 | |
Rick Peluso VP Finance | Officer | 8 | $27,188 |
Elizabeth Sara President | Officer | 40 | $20,000 |
Patricia Loftus Chair & Secy. | OfficerTrustee | 1 | $0 |
Jim Grimsley Vice Chair | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
E Learning Mindelm Learning Content Cration | 9/29/22 | $227,070 |
Green Key Solutions Llc Webinar Production | 9/29/22 | $150,900 |
Pricewaterhousecoopers Llp Survey Of Score Clents | 9/29/22 | $107,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,543,064 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,543,064 |
| Total Program Service Revenue | $15,000 |
| Investment income | $8,353 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $8,610 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,575,027 |
| 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. | $455,536 |
| Compensation of current officers, directors, key employees. | $359,451 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $314,061 |
| Pension plan accruals and contributions | $19,404 |
| Other employee benefits | $77,977 |
| Payroll taxes | $56,300 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $23,077 |
| Fees for services: Accounting | $39,105 |
| Fees for services: Lobbying | $15,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $69,791 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $21,671 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,716 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $160,000 |
| Interest | $0 |
| Payments to affiliates | $477,818 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,784 |
| All other expenses | $0 |
| Total functional expenses | $2,314,439 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $499,988 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $350,797 |
| Accounts receivable, net | $31,325 |
| 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 | $19,943 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $916,386 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,818,439 |
| Accounts payable and accrued expenses | $145,909 |
| 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 | $0 |
| Other liabilities | $484,310 |
| Total liabilities | $630,219 |
| Net assets without donor restrictions | $813,183 |
| Net assets with donor restrictions | $375,037 |
| 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 | $1,818,439 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Score Foundation has recieved totaling $73,247.
| Awarding Organization | Amount |
|---|---|
Community Foundation For Southeast Michigan Detroit, MI PURPOSE: RECRUITMENT AND ONBOARDING TO EXPAND THE SMALL BUSINESS MENTORING PROGRAM | $30,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $11,547 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $10,950 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: SUPPORT | $10,500 |
Deluxe Corporation Foundation Cleveland, OH PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
Ge Foundation Norwalk, CT PURPOSE: MATCHING GIFTS | $250 |
Endowment Analysis
| Beg. Balance | $130,580 |
| Other Expense | $130,580 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Abell Foundation Inc Baltimore, MD | $398,354,670 | $42,510,470 |
Cognizant Us Foundation Washington, DC | $53,711,221 | $1,081,755 |
J R Hyde Iii Foundation Memphis, TN | $230,354,058 | $26,306,779 |
Operating Engineers Trust Fund Of Washington D C & Vicinity Sparks, MD | $40,754,444 | $17,999,357 |
Humana Foundation Inc Louisville, KY | $467,311,073 | $9,744,567 |
C Kenneth And Dianne Wright Foundation Henrico, VA | $254,775 | $2,124,209 |
Kahlert Foundation Inc Sykesville, MD | $93,179,960 | $19,162,440 |
First Horizon Foundation Memphis, TN | $37,840,936 | $11,265,846 |
Families And Communities Rising Inc Durham, NC | $8,732,109 | $17,644,457 |
Charles A Cannon Charitable Trust N0 One Concord, NC | $132,429,020 | $9,552,538 |
Claude And Betty Harris Foundation Inc Louisville, KY | $58,528,117 | $25,952,323 |
P H P Inc Hopkinsville, KY | $1,933,207 | $15,725,161 |