Attach to Form 990 or Form 990-EZ.
Go to
www.irs.gov/Form990 for instructions and the latest information.
| (i) Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 10 above (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
|
Total |
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Calendar year
(or fiscal year beginning in)
![]() |
(a) 2017 | (b) 2018 | (c) 2019 | (d) 2020 | (e) 2021 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. | 19,771,155 | 26,046,060 | 34,898,801 | 48,138,339 | 44,656,558 | 173,510,913 |
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.... | 0 | |||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | 0 | |||||
| 4 | Total. Add lines 1 through 3 | 19,771,155 | 26,046,060 | 34,898,801 | 48,138,339 | 44,656,558 | 173,510,913 |
| 5 | The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f) .. | 9,649,807 | |||||
| 6 | Public support. Subtract line 5 from line 4. | 163,861,106 | |||||
Calendar year
(or fiscal year beginning in)
![]() |
(a) 2017 | (b) 2018 | (c) 2019 | (d) 2020 | (e) 2021 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | 19,771,155 | 26,046,060 | 34,898,801 | 48,138,339 | 44,656,558 | 173,510,913 |
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | 267,898 | 323,991 | 281,675 | 237,357 | 390,591 | 1,501,512 |
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | 0 | |||||
| 11 | Total support. Add lines 7 through 10 | 175,012,425 | |||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2017 | (b) 2018 | (c) 2019 | (d) 2020 | (e) 2021 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | ||||||
| 2 | Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | ||||||
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513 ..... | ||||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | ||||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge | ||||||
| 6 | Total. Add lines 1 through 5 | ||||||
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons | ||||||
| b | Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year. | ||||||
| c | Add lines 7a and 7b.. | ||||||
| 8 | Public support. (Subtract line 7c from line 6.) | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2017 | (b) 2018 | (c) 2019 | (d) 2020 | (e) 2021 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | ||||||
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | ||||||
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | ||||||
| c | Add lines 10a and 10b. | ||||||
| 11 | Net income from unrelated business activities not included on line 10b, whether or not the business is regularly carried on. | ||||||
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | ||||||
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | ||||||
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e |
Discount claimed for blockage or other factors (explain in detail in Part VI): |
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| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 0.015 of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by 0.035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | 1 | |
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
2 | |
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | 3 | |
| 4 Amounts paid to acquire exempt-use assets | 4 | |
| 5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI) | 5 | |
| 6 Other distributions (describe in Part VI). See instructions | 6 | |
| 7Total annual distributions. Add lines 1 through 6. | 7 | |
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
8 | |
| 9 Distributable amount for 2021 from Section C, line 6 | 9 | |
| 10 Line 8 amount divided by Line 9 amount | 10 | |
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2021 |
(iii) Distributable Amount for 2021 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2021 from Section C, line 6 | ||||
|
2
Underdistributions, if any, for years prior to 2021 (reasonable cause required-- explain in Part VI). See instructions. |
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| 3 Excess distributions carryover, if any, to 2021: | ||||
| a From 2016....... | ||||
| b From 2017....... | ||||
| c From 2018....... | ||||
| d From 2019....... | ||||
| e From 2020....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2021 distributable amount | ||||
|
i
Carryover from 2016 not applied (see instructions) |
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| j Remainder. Subtract lines 3g, 3h, and 3i from line 3f. | ||||
| 4Distributions for 2021 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2021 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from line 4. | ||||
|
5
Remaining underdistributions for years prior to 2021, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
6
Remaining underdistributions for 2021. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
7 Excess distributions carryover to 2022. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a Excess from 2017..... | ||||
| b Excess from 2018..... | ||||
| c Excess from 2019..... | ||||
| d Excess from 2020..... | ||||
| e Excess from 2021..... | ||||
| Facts And Circumstances Test |
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| Return Reference | Explanation |
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| Software ID: | |
| Software Version: |
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| FORM 990, PART I, LINE 1: | SEO PREPARES UNDERSERVED YOUNG PEOPLE TO LEAD BY EXAMPLE IN THEIR FAMILIES' COMMUNITIES AND CAREER. IT PROVIDES SUPERIOR EDUCATIONAL AND CAREER PROGRAMS TO YOUNG PEOPLE WHO ARE UNDERSERVED AND/OR UNDERREPRESENTED. |
| FORM 990, PART III, LINE 1: | SEO'S MISSION IS TO CREATE A MORE EQUITABLE SOCIETY BY DELIVERING SUPERIOR PROGRAMS TO CLOSE THE ACADEMIC AND CAREER OPPORTUNITY GAPS FOR YOUNG PEOPLE FROM UNDERSERVED AND/OR UNDERREPRESENTED BACKGROUND. WE DO THIS BY PROVIDING HIGH SCHOOL AND COLLEGE STUDENTS WITH THE ACADEMIC SKILLS AND PERSONAL TOOLS TO TAKE FULL OWNERSHIP OF THEIR EDUCATION, NAVIGATE AND GRADUATE COLLEGE. WE ALSO RECRUIT AND PREPARE COLLEGE STUDENTS AND YOUNG PROFESSIONAL TO ENTER LEADING COMPANIES AND ADVANCE IN THEIR CAREERS. |
| FORM 990, PART III, LINE 4D: | SEO LAW HELPS UNDERREPRESENTED FUTURE LAWYERS IN LAW SCHOOL EXCEL IN THEIR LEGAL CAREERS. SEO'S LAW CATALYST PROGRAM SUPPORTS STUDENTS IN GAINING ADMISSION TO LAW SCHOOL THROUGH A COMBINATION OF LSAT PREPARATION, ADMISSIONS CONSULTATION AND ATTORNEY MENTORSHIP. SEO'S LAW FELLOWSHIP IS A PREMIER TRAINING PROGRAM THAT OFFERS INCOMING LAW STUDENTS ACCESS TO PAID INTERNSHIPS AT TOP LAW FIRMS, IMMERSIVE MENTORSHIP, NETWORKING, AND LAW SCHOOL PREPARATION AND TRAINING; GIVING THEM THE BEST CHANCE FOR EXCELLING LAW SCHOOL. IN 2022, 185 SEO FELLOWS JOINED 46 SEO LAW PARTNERS NATIONWIDE. APPROXIMATELY 1,700 SEO'S LAW ALUMNI HAVE GONE ON TO HOLD POSITIONS RANGING FROM LAW PARTNERSHIP TO LEADERSHIP IN CIVIL SERVICE AND BUSINESS. THE SEO CATALYST PROGRAM PROVIDES SELECTED CATALYST SCHOLARS INTENSIVE LAW SCHOOL APPLICATION ASSISTANCE BY PROVIDING FREE LSAT PREPARATION CLASSES, WORKSHOPS, PERSONALIZED REVIEW OF APPLICATION MATERIALS, EXCLUSIVE DISCUSSION WITH LAW SCHOOL ADMISSIONS OFFICE, AND MENTORSHIP WITH A PRACTICING ATTORNEY. IN 2022, 45 SEO CATALYST PARTICIPATED IN THE PROGRAM. EXPENSES : $1,335,379 GRANTS : $0 REVENUE : $0 THE SEO LEADERSHIP INSTITUTE SUPPORTS THE PERSONAL AND PROFESSIONAL DEVELOPMENT OF SEO ALUMNI AT EVERY STAGE OF THEIR CAREER. SEO ALUMNI HAVE THE OPPORTUNITY TO COMMUNICATE WITH ALUMNI ACROSS THE GLOBE TO SEEK ADVICE, SHARE SKILLS, AND EXCHANGE RESOURCES. THE SEO LEADERSHIP INSTITUTE ALSO PROVIDES ONGOING DEVELOPMENT OPPORTUNITIES, ONLINE MANAGEMENT AND SKILL-BUILDING RESOURCES FROM HARVARD BUSINESS PUBLISHING AND OTHERS, WEBINARS, IN-PERSON TRAININGS, PROFESSIONAL AND EXECUTIVE COACHING, ACCESS TO EXPERTS AND CIVIC LEADERS, BOARD SERVICE, AND MORE. THE SEO LEADERSHIP INSTITUTE WILL ALSO BE A FORUM FOR SEO ALUMNI TO GATHER THEIR COLLECTIVE WISDOM AND INFLUENCE TO ADDRESS PROBLEMS THAT INORDINATELY AFFECT BLACK, LATINX, AND COMMUNITIES OF COLOR IN OUR SOCIETY. BY SUPPORTING ALUMNI'S PROFESSIONAL GROWTH AND CIVIC ENGAGEMENT. THE LEADERSHIP INSTITUTE USES THE POWER OF OUR NETWORK TO ADVANCE ONE MISSION: THE CREATION OF A MORE EQUITABLE SOCIETY AT EVERY LEVEL, INCLUDING THE VERY TOP. EXPENSES : $1,224,974 GRANTS : $0 REVENUE : $0 Other Programs EXPENSES : $1,466,853 GRANTS : $0 REVENUE : $0 |
| FORM 990, PART VI, SECTION A, Line 4: | SEO amended its bylaws adopted 12/7/2021 to reflect the following significant changes: 1. Removed upper limit to the number of Directors who may serve on the Board. 2. Clarified that it is only the President/CEO who serves as an ex-officio Director and no other executive staff are eligible for this post. 3. Clarified that Honorary Directors are eligible to serve only as non-voting members of Committees of the Board. 4. Conformed to NY law, Directors may be removed only for cause. The By-Laws Committee elected to make removal by a majority vote, rather than 2/3 majority, which is in line with typical non-profit practice. 5. Conformed to NY law, this new section delineates what powers cannot be delegated to others and must remain responsibilities of the full Board. 6. Clarified Board responsibilities concerning oversight of the President. |
| FORM 990, PART VI, SECTION B, LINE 11B: | FORM 990 WAS PREPARED BY A NATIONAL ACCOUNTING FIRM IN CONJUNCTION WITH THE ORGANIZATION'S FINANCIAL DEPARTMENT. IT IS REVIEWED BY THE ORGANIZATION'S BOARD MEMBERS AND A COMPLETE COPY IS PROVIDED TO ALL MEMBERS OF THE ORGANIZATION'S BOARD PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. |
| FORM 990, PART VI, SECTION B, LINE 12C: | THE MANAGER OF THE EXECUTIVE OFFICE SENDS THE CONFLICT OF INTEREST QUESTIONNAIRE TO EACH BOARD MEMBER AND KEY EMPLOYEE ANNUALLY AND UPON APPOINTMENT OR HIRE FOR COMPLETION. |
| FORM 990, PART VI, SECTION B, LINE 15A: | DURING CALENDAR 2021 THE BOARD REVIEWED AND VOTED ANY SALARY ADJUSTMENT FOR THE PRESIDENT & CEO. THIS IS DOCUMENTED VIA BOARD MINUTES. |
| FORM 990, PART VI, SECTION B, LINE 15B: | DURING CALENDAR 2021 THE PRESIDENT & CEO AND CHIEF ADMINISTRATIVE OFFICER DETERMINED THE EXECUTIVE LEADERSHIP TEAM'S SALARY ADJUSTMENTS. |
| FORM 990, PART VI, SECTION C, LINE 19: | SEO MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST AND ON SEO'S WEBSITE. |
| FORM 990 PART IX LINE 11G | DESCRIPTION:CONSULTANCY AND PROF FEES TOTAL FEES:5741212 |
| Software ID: | |
| Software Version: |