Sfi Foundation Inc

Organization Overview

Sfi Foundation Inc is located in Poway, CA. The organization was established in 1980. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2022, Sfi Foundation Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sfi Foundation Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 06/2022, Sfi Foundation Inc generated $2.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $2.0m during the year ending 06/2022. While expenses have increased by 2.6% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO ISSUE AND ADMINISTER STANDARDS FOR SPECIALTY/PERFORMANCE AUTOMOTIVE AND RACING EQUIPMENT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

RESEARCH AND DEVELOPMENT OF AUTOMOTIVE SAFETY SPECIFICATIONS AND THE RELATED SALE OF LABELS INDICATING THAT A PRODUCT CONFORMS TO APPLICABLE SAFETY STANDARDS.


LICENSING FEES PAID BY RACE SANCTIONING BODIES FOR USE OF DEVELOPED STANDARDS AND RELATED TECHNICAL INSPECTIONS AND TRAINING SERVICES.


LABORATORY TESTING FEES FOR PRODUCT TESTING TO DETERMINE COMPLIANCE WITH DEVELOPED SPECIFICATIONS.


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Board, Officers & Key Employees

Name (title)Compensation
Jennifer Faye
President
$210,090
Michael Hurst
Technical Manager
$166,972
Arnold S Kuhns
CEO
$139,917
Michael Sherbo
Lab Manager
$123,507
Joan Kuhns
Admin. Manager
$122,958
Chris Bowden
Motorsport Manager
$122,769

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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income -$882
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 $1,879,600
Miscellaneous Revenue$0
Total Revenue $2,392,204

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Sfi Foundation Inc has recieved totaling $200.

Awarding OrganizationAmount
Sheeler Family Foundation

State College, PA

PURPOSE: FOR SUPPORT OF SFI FOUNDATION INC

$200
View Grant Recipient Profile

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