Springboard Social Enterprises
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- Only 42% of its spending went to programs.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
THE SPECIFIC PURPOSES OF THE CORPORATION, AND THE BUSINESS OBJECTIVES TO BE CARRIED ON AND PROMOTED BY IT ARE TO: 1) SUPPORT NONPROFIT ORGANIZATIONS, INCLUDING SPRINGBOARD NONPROFIT CONSUMER CREDIT MANAGEMENT, INC., AND SPRINGBOARD CDFI, IN FULFILLING THEIR TAX-EXEMPT PURPOSES BY PROVIDING THEM MANAGEMENT, ACCOUNTING, AND HUMAN RESOURCE SERVICES ON AN EXCLUSIVE, NOT-FOR-PROFIT BASIS, 2) HELP THESE NONPROFITS ACHIEVE CERTAIN ADMINISTRATIVE EFFICIENCIES AND COST SAVINGS WHICH, IN TURN, WILL ENABLE THEM TO BETTER ACCOMPLISH THE CHARITABLE AND EDUCATIONAL PURPOSES FOR WHICH THEY WERE ESTABLISHED, 3) EXERCISE OVERSIGHT OVER THESE NONPROFITS TO ENSURE THEY ARE IN COMPLIANCE WITH ALL LEGAL REQUIREMENTS APPLICABLE TO THEIR BUSINESS OPERATIONS, AND 4) PROMOTE SOCIAL ENTREPRENEURSHIP AMONG ALL SPRINGBOARD NONPROFIT ENTITIES.
- Income
- $911,833
- Spending
- $909,496
- Spent on programs
- 42%
- Reserves
- 0.6 months of spending
- Largest source of income
- fees for its services, 100%
- Employees
- 7
- Volunteers
- 3
- Highest pay
- $230,322, former ceo
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 18 out of 100. Higher than 1% of charities in its peer group (philanthropy, $250k to $1m).
Reserves
4 of 35Spendable reserves would cover 0.6 months of spending.
Debt
2 of 20It owes 77% of what it owns.
Living within its means
12 of 15Income exceeded spending by 0% of income.
Income trend
0 of 15Income fell 37% on the year before.
Spending floor
0 of 1542% of spending went to programs.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 84 out of 100. Higher than 66% of charities in its peer group (philanthropy, $250k to $1m).
Independent board
18 of 253 of 3 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $384,056 spent. ASSIST NONPROFIT ENTITIES ACHIEVE CERTAIN ADMINISTRATIVE EFFICIENCIES AND COST SAVINGS WHICH, IN TURN, ENABLE THEM TO BETTER ACCOMPLISH THE CHARITABLE AND EDUCATIONAL PURPOSES FOR WHICH THEY WERE ESTABLISHED. EXERCISE OVERSIGHT OVER THESE NONPROFITS TO ENSURE THEY ARE IN COMPLIANCE WITH ALL LEGAL REQUIREMENTS APPLICABLE TO THEIR BUSINESS OPERATIONS AND PROMOTE SOCIAL ENTREPRENEURSHIP AMONG ALL NONPROFIT ORGANIZATIONS.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since May 2017.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.