Secme Inc
- Assets
- $128.2k
- Revenue
- $254.5k
- Investments
- $0.0
- Employees
- 5
- Location
- Atlanta, GA
- Founding
- 11/1979
- Data as of
- 06/2020
- EIN
- 58-1375512
Organization Overview
Secme Inc is located in Atlanta, GA. The organization was established in 1979. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. As of 06/2020, Secme Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Secme 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 06/2020, Secme Inc generated $254.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.5%) each year. All expenses for the organization totaled $287.5k during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (13.0%) per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
SECME'S GOAL IS TO OVERCOME THE BARRIERS WHICH INHIBIT MINORITIES AND (CONTINUED ON SCHEDULE O) GIRLS' PURSUIT OF COLLEGE AND CAREERS IN STEM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXPEND FUNDS FOR THE INCREASED ACHIEVEMENT AND INTEREST IN STEM MAJORS AND CAREERS AMONG MINORITIES AND GIRLS IN GRADES K-12. TRAIN TEACHERS IN UNDER-SERVED COMMUNITIES TO INTEGRATE ENGAGING STEM CONTENT AND COMPETITIONS INTO CLASSROOM LEARNING. RUN A NATIONAL ROBOTICS AND ENGINEERING DESIGN COMPETITION FREE TO PARTICIPATING STUDENTS AT A PARTNER UNIVERSITY CAMPUS. AND LINK LOCAL SCHOOLS WITH UNIVERSITY PARTNERS TO IMPROVE COLLEGE ACCESS. SECME SERVES MORE THAN 6,000 STUDENTS EACH YEAR (GRADE K-12) IN 10 STATES, THE DISTRICT OF COLUMBIA, AND THE BAHAMAS. OUR STUDENT SURVEY SHOWED OUR POPULATION TO BE 74% MINORITY, 47% FEMALE, AND 88% FREE AND REDUCED LUNCH ELIGIBLE. AMONG PARTICIPATING HIGH SCHOOL JUNIORS AND SENIORS SURVEYED, 82% INTENDED TO PURSUE A STEM MAJOR, WITH 55% PLANNING TO MAJOR IN AN ENGINEERING DISCIPLINE.
EXPEND FUNDS FOR THE INCREASED ACHIEVEMENT AND INTEREST IN STEM MAJORS AND CAREERS AMONG MINORITIES AND GIRLS IN GRADES K-12. TRAIN TEACHERS IN UNDER-SERVED COMMUNITIES TO INTEGRATE ENGAGING STEM CONTENT AND COMPETITIONS INTO CLASSROOM LEARNING. RUN A NATIONAL ROBOTICS AND ENGINEERING DESIGN COMPETITION FREE TO PARTICIPATING STUDENTS AT A PARTNER UNIVERSITY CAMPUS. AND LINK LOCAL SCHOOLS WITH UNIVERSITY PARTNERS TO IMPROVE COLLEGE ACCESS. SECME SERVES MORE THAN 6,000 STUDENTS EACH YEAR (GRADE K-12) IN 10 STATES, THE DISTRICT OF COLUMBIA, AND THE BAHAMAS. OUR STUDENT SURVEY SHOWED OUR POPULATION TO BE 74% MINORITY, 47% FEMALE, AND 88% FREE AND REDUCED LUNCH ELIGIBLE. AMONG PARTICIPATING HIGH SCHOOL JUNIORS AND SENIORS SURVEYED, 82% INTENDED TO PURSUE A STEM MAJOR, WITH 55% PLANNING TO MAJOR IN AN ENGINEERING DISCIPLINE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michele L Williams Executive Director | Officer | 40 | $90,836 |
Shaik Jeelani PHD Chair | OfficerTrustee | 1 | $0 |
Cammy R Abernathy PHD Director | Trustee | 1 | $0 |
Gregory L Singleton Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $254,292 |
| Investment income | $240 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $254,532 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $6,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $119,814 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $87,852 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $27,346 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $43 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $10,218 |
| Advertising and promotion | $3,276 |
| Office expenses | $9,884 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $9,016 |
| Travel | $858 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,250 |
| All other expenses | $0 |
| Total functional expenses | $287,485 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $98,176 |
| Pledges and grants receivable | $29,976 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $128,152 |
| Accounts payable and accrued expenses | $25,396 |
| 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 | $0 |
| Total liabilities | $25,396 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $102,756 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Secme Inc has recieved totaling $17,201.
| Awarding Organization | Amount |
|---|---|
Tuskegee University Tuskegee Institute, AL PURPOSE: TO PROVIDE EDUCATIONAL ASSISTANCE | $17,201 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
St Andrews School Of Boca Raton Inc Boca Raton, FL | $86,373,097 | $47,728,671 |
Lake Highland Preparatory School Inc Orlando, FL | $87,682,705 | $57,464,181 |
The Baylor School Chattanooga, TN | $270,105,763 | $47,683,171 |
University Of Nashville Montgomery Bell Academy Nashville, TN | $303,405,415 | $41,667,135 |
Montverde Academy Montverde, FL | $55,272,335 | $32,301,917 |
Rabun Gap-Nacoochee School Rabun Gap, GA | $105,001,665 | $32,375,355 |
Palmer Trinity Private School Inc Palmetto Bay, FL | $91,390,503 | $34,552,191 |
Episcopal School Of Jacksonville Inc Jacksonville, FL | $51,998,988 | $26,337,584 |
Belen Jesuit Preparatory School Inc Miami, FL | $43,846,695 | $27,791,869 |
Tallulah Falls School Inc Tallulah Falls, GA | $76,684,503 | $23,311,796 |
Cary Academy Cary, NC | $92,134,722 | $26,213,526 |
Whitefield Academy Inc Mableton, GA | $76,378,322 | $24,777,271 |