The Sanneh Foundation Inc
- Assets
- $13.4m
- Revenue
- $7.5m
- Investments
- $78.4k
- Employees
- 155
- Location
- St Paul, MN
- Founding
- 05/2004
- Data as of
- 07/2023
- EIN
- 56-2332269
Organization Overview
The Sanneh Foundation Inc is located in St Paul, MN. The organization was established in 2004. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 07/2023, Sanneh Foundation Inc employed 155 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sanneh Foundation 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 07/2023, Sanneh Foundation Inc generated $7.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.3% each year . All expenses for the organization totaled $8.7m during the year ending 07/2023. While expenses have increased by 17.3% per year over the past 7 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
EMPOWER YOUTH, IMPROVE LIVES, AND UNITE COMMUNITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SANNEH FOUNDATION MAINTAINS THE CONWAY COMMUNITY CENTER - A THRIVING PUBLIC SPACE THAT OFFERS DIVERSE AND FREE YOUTH PROGRAMMING AND A SAFE PLACE FOR LOCAL YOUTH TO SPEND OUT OF SCHOOL TIME. THE FOUNDATION ALSO OFFERS FREE PRO SPORTS CAMPS THROUGHOUT MINNEAPOLIS, ST. PAUL AND SURROUNDING METRO AREAS.
THE SANNEH FOUNDATION'S DREAMLINE PROGRAM IS AN ACADEMIC INTERVENTION PROGRAM SERVING LOW-INCOME, UNDER-PERFORMING STUDENTS IN PUBLIC MIDDLE SCHOOLS AND HIGH SCHOOLS.
THE SANNEH FOUNDATION OFFERS OTHER PROGRAMS AS WELL SUCH AS FREE PRO CAMPS AND THE HAITIAN INITIATIVE.
THE SANNEH FOUNDATION'S NUTRITION SERVICES INVOLVE PACKAGING AND DISTRIBUTING MEALS SIX DAYS A WEEK TO HELP CLOSE THE FOOD INSECURITY GAP FOR FAMILIES IN THE TWIN CITIES METRO AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deborah Olson Former Board Chair | OfficerTrustee | 1 | $0 |
Kristy Carstensen Board Chair | OfficerTrustee | 1 | $0 |
Miguel Alexander Board Vice Chair | OfficerTrustee | 1 | $0 |
Dave Rust Treasurer | OfficerTrustee | 1 | $0 |
Sara Nellermoe Secretary | OfficerTrustee | 1 | $0 |
Frank Taylor Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cliftonlarsonallen Llp Accounting Services | 7/30/23 | $148,388 |
Mhc Culinary Group Event Catering | 7/30/23 | $123,855 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,109,783 |
| Related organizations | $0 |
| Government grants | $2,718,151 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,175,937 |
| Noncash contributions included in lines 1a–1f | $170,399 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,003,871 |
| Total Program Service Revenue | $1,703,000 |
| Investment income | $1,933 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$248,251 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,518,672 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $13,000 |
| Grants and other assistance to domestic individuals. | $745,649 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $151,641 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,752,467 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $254,743 |
| Payroll taxes | $360,466 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,613 |
| Fees for services: Accounting | $131,590 |
| Fees for services: Lobbying | $83,500 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,032,638 |
| Advertising and promotion | $361,449 |
| Office expenses | $174,187 |
| Information technology | $61,025 |
| Royalties | $0 |
| Occupancy | $337,005 |
| Travel | $19,444 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $87,094 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $280,086 |
| Insurance | $71,584 |
| All other expenses | $0 |
| Total functional expenses | $8,660,202 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $543,974 |
| Savings and temporary cash investments | $29,830 |
| Pledges and grants receivable | $4,344,997 |
| Accounts receivable, net | $313,710 |
| 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 | $28,403 |
| Net Land, buildings, and equipment | $8,082,656 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $78,367 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $15,634 |
| Total assets | $13,437,571 |
| Accounts payable and accrued expenses | $555,811 |
| Grants payable | $0 |
| Deferred revenue | $74,315 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $14,720 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,482,614 |
| Unsecured mortgages and notes payable | $1,292,009 |
| Other liabilities | $105,342 |
| Total liabilities | $3,524,811 |
| Net assets without donor restrictions | $6,111,107 |
| Net assets with donor restrictions | $3,801,653 |
| 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 | $13,437,571 |