Seven Sages Foundation
- Assets
- $1.5m
- Revenue
- $267.6k
- Investments
- $1.4m
- Employees
- 0
- Location
- Naples, FL
- Founding
- 05/2019
- Data as of
- 12/2021
- EIN
- 82-3780289
Organization Overview
Seven Sages Foundation is located in Naples, FL. The organization was established in 2019. According to its NTEE Classification (P01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Seven Sages 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 12/2021, Seven Sages Foundation generated $267.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (5.0%) each year. All expenses for the organization totaled $53.2k during the year ending 12/2021. 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 |
|---|---|---|---|
John R Sinnenberg Trustee | 0 | $0 | |
Cassi B Handler Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $125,000 |
| Interest on Savings | $5 |
| Dividends & Interest | $8,296 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $134,332 |
| Capital Gain Net Income | $134,332 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $267,633 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,613 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,548 |
| Total operating and administrative expenses | $3,161 |
| Contributions, gifts, grants paid | $50,000 |
| Total expenses and disbursements | $53,161 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $132,772 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,390,961 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,523,733 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Seven Sages Foundation has awarded $50,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Cleveland, OH PURPOSE: CHARITABLE PURPOSE | $25,000 |
Cleveland, OH PURPOSE: CHARITABLE PURPOSE | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Family First Inc Tampa, FL | $2,972,465 | $5,250,838 |
The National Center For Life And Liberty Inc Clearwater, FL | $4,068,680 | $2,574,581 |
Foundation For Independent Living Inc Coconut Creek, FL | $1,527,386 | $2,267,283 |
Voices For Georgias Children Inc Atlanta, GA | $2,409,604 | $1,880,470 |
The Florida Center For Children And Youth Inc Tallahassee, FL | $1,101,816 | $1,660,989 |
Hollyjolly Foundation Inc Palm Beach, FL | $29,254,156 | $2,332,419 |
Southeast Alabama Child Advocacy Center Dothan, AL | $1,370,005 | $901,832 |
Cetera Inc Saint Petersburg, FL | $326,299 | $823,147 |
Pregnant Choices Evans, GA | $655,672 | $604,925 |
Iam Health And Wellness Inc Decatur, GA | $10,135 | $210,687 |
Florida State Guardianship Association Inc Palm City, FL | $200,013 | $221,158 |
Morning After Center For Hope And Healing Inc Winter Garden, FL | $37,816 | $185,414 |