Skip to the page content
Your donations
Passes our checks

Southern California Minority Supplier Development Council Inc

EIN 95-3244344 · Los Angeles, CA

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood75 out of 100GovernanceGood85 out of 100Impact evidenceDescribes programsHow well its results are evidenced

Points to look into

  • Raising each dollar of donations cost 88 cents.

These come from the organization's own tax return. There may be a good explanation; ask the charity.

What it says it does

THE SOUTHERN CALIFORNIA MINORITY SUPPLIER DEVELOPMENT COUNCIL (SCMSDC) IS A NON-PROFIT, 501(C ) 3 ORGANIZATION COMMITTED TO DRIVING ECONOMIC GROWTH WITHIN ALL COMMUNITIES IN ITS SERVICE AREA SPANNING 13 CENTRAL AND SOUTHERN CALIFORNIA COUNTIES. THE SCMSDC IS IN THE BUSINESS OF GROWING AND DEVELOPING ENTREPRENEURS, AND FACILITATES OVER $40 BILLION ANNUALLY IN ECONOMIC OUTPUT EACH YEAR THROUGH 2,000 ENTREPRENEURIAL CLIENTS WHO EMPLOY AN ESTIMATED 300,000 EMPLOYEES ANNUALLY.

Income
$1.8 million
Spending
$1.7 million
Spent on programs
52%
Reserves
25.9 months of spending
Largest source of income
fees for its services, 62%
Employees
9
Volunteers
17
Highest pay
$169,294, president

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 75 out of 100. Higher than 52% of charities in its peer group (community improvement, $1m to $10m).

  • Reserves

    35 of 35

    Spendable reserves would cover 25.9 months of spending.

  • Debt

    20 of 20

    It owes 9% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 3% of income.

  • Income trend

    5 of 15

    Income fell 21% on the year before.

  • Spending floor

    0 of 15

    52% of spending went to programs and raising each dollar of donations cost 88 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 85 out of 100. Higher than 39% of charities in its peer group (community improvement, $1m to $10m).

  • Independent board

    25 of 25

    17 of 18 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    0 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, 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)
  1. $898,899 spent. FOUNDED IN 1973, THE SCMSDC IS ONE OF 23 AFFILIATES OF THE NATIONAL MINORITY SUPPLIER DEVELOPMENT COUNCIL (NMSDC), A NONPROFIT CORPORATE MEMBERSHIP ORGANIZATION THAT ADVANCES BUSINESS OPPORTUNITIES FOR ITS CERTIFIED BUSINESS ENTERPRISES AND CONNECTS THEM TO ITS CORPORATE MEMBERS. ONE OF THE NATION'S LEADING CORPORATE MEMBERSHIP ORGANIZATIONS, NMSDC WAS FOUNDED IN 1972 TO PROVIDE INCREASED PROCUREMENT AND BUSINESS OPPORTUNITIES FOR ITS CERTIFIED BUSINESS ENTERPRISES. SCMSDC SERVES OUR CORPORATE MEMBERS BY ENABLING THEM TO RETAIN STRONG, INNOVATIVE AND EFFICIENT SUPPLIERS TO FILL THE NEEDS OF THEIR SUPPLY CHAIN. IN DOING SO, SCMSDC ENABLES BUSINESSES TO GROW, INCREASE THEIR ABILITY TO HIRE MORE EMPLOYEES, AND CREATE WEALTH IN THEIR RESPECTIVE COMMUNITIES.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. 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.

  2. 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.

  3. 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.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since October 1982.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. 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.