Form 990 for tax year 2024
Filed by SEEDS OF HOPE OF NORTHERN COLORADO INC.
Totals
- Total revenue
- $2,712,858
- Total expenses
- $3,635,049
- Contributions and grants received
- $2,573,719
- Grants paid
- $2,815,890
- Program service revenue
- $0
- Investment income
- $139,139
- Other revenue
- $0
- Total assets, end of year
- $4,681,345
- Total liabilities, end of year
- $260,148
- Net assets or fund balances, end of year
- $4,421,197
- Program services expenses (Part IX)
- $3,198,839
- Management and general expenses
- $201,830
- Fundraising expenses
- $234,380
- Program service expenses (Part III)
- $3,198,839
Program services were 88.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$987,346
-
1f · All other contributions, gifts and grants
$1,586,373
-
3 · Investment income
total $105,524 · excluded $105,524
-
7a · Gross sales of assets other than inventory
securities $38,339
-
7b · Less cost or other basis and sales expenses
securities $4,724
-
7c · Gain or loss
securities $33,615
-
7d · Net gain or loss
total $33,615 · excluded $33,615
-
8a · Fundraising events: gross income
$169,613
-
8a · Fundraising events: contributions included on line 1c
$987,346
-
8b · Fundraising events: direct expenses
$169,613
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $362,500 · program services $362,500
-
2 · Grants to domestic individuals
total $2,453,390 · program services $2,453,390
-
5 · Compensation of officers, directors and key employees
total $168,688 · program services $50,607 · management and general $8,434 · fundraising $109,647
-
7 · Other salaries and wages
total $205,385 · program services $154,892 · management and general $12,230 · fundraising $38,263
-
8 · Pension plan contributions
total $12,311 · program services $9,870 · management and general $723 · fundraising $1,718
-
9 · Other employee benefits
total $42,365 · program services $37,083 · management and general $1,870 · fundraising $3,412
-
10 · Payroll taxes
total $27,814 · program services $15,533 · management and general $1,517 · fundraising $10,764
-
11a · Fees: management
total $114,330 · program services $9,964 · management and general $89,945 · fundraising $14,421
-
11c · Fees: accounting
total $23,580 · program services $2,200 · management and general $21,380
-
11e · Fees: professional fundraising services
total $26,448 · fundraising $26,448
-
11f · Fees: investment management
total $17,515 · management and general $17,515
-
11g · Fees: other
total $110,352 · program services $66,120 · management and general $44,232
-
12 · Advertising and promotion
total $3,388 · program services $3,338 · fundraising $50
-
13 · Office expenses
total $41,388 · program services $20,117 · management and general $874 · fundraising $20,397
-
16 · Occupancy
total $7,171 · program services $4,274 · management and general $323 · fundraising $2,574
-
17 · Travel
total $4,155 · program services $3,468 · management and general $568 · fundraising $119
-
19 · Conferences, conventions and meetings
total $3,480 · program services $907 · management and general $1,548 · fundraising $1,025
-
23 · Insurance
total $4,255 · program services $2,536 · management and general $191 · fundraising $1,528
-
24a · Other expenses: MISC. EXPENSE
total $6,534 · program services $2,040 · management and general $480 · fundraising $4,014
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $3,005,240 · end of year $2,461,207
-
3 · Pledges and grants receivable
beginning of year $223,012 · end of year $22,758
-
4 · Accounts receivable
beginning of year $199,131 · end of year $187,633
-
9 · Prepaid expenses and deferred charges
beginning of year $52,432 · end of year $30,341
-
11 · Investments: publicly traded securities
beginning of year $1,742,463 · end of year $1,979,406
-
17 · Accounts payable and accrued expenses
beginning of year $53,778 · end of year $31,447
-
19 · Deferred revenue
beginning of year $10,000 · end of year $228,701
-
27 · Net assets without donor restrictions
beginning of year $4,239,226 · end of year $3,889,501
-
28 · Net assets with donor restrictions
beginning of year $919,274 · end of year $531,696
Mission and programs · 2024
Mission
SEEDS OF HOPE OF NORTHERN COLORADO, INC. EXISTS TO CULTIVATE MINDS AND HEARTS FOR CHRIST BY STRIVING TO MAKE A TRANSFORMATIVE CATHOLIC EDUCATION FINANCIALLY ACCESSIBLE TO ANY FAMILY WHO SEEKS IT. CONTINUED ON SCHEDULE O.
Activities or mission (Part I)
SEEDS OF HOPE OF NORTHERN COLORADO, INC. ("SEEDS OF HOPE") EXISTS TO CULTIVATE MINDS AND HEARTS FOR CHRIST BY STRIVING TO MAKE A TRANSFORMATIVE CATHOLIC EDUCATION FINANCIALLY ACCESSIBLE TO ANY FAMILY WHO SEEKS IT.
-
MISSION: SEEDS OF HOPE (SOH) IS DEDICATED TO MAKING TRANSFORMATIVE CATHOLIC EDUCATION FINANCIALLY ACCESSIBLE TO LOW-INCOME FAMILIES. BELIEVING THAT EDUCATION IS THE KEY TO A BRIGHTER FUTURE, SOH PROVIDES "HOPE SCHOLARSHIPS" TO HELP FAMILIES OVERCOME FINANCIAL BARRIERS AND SEND THEIR CHILDREN TO K-8 CATHOLIC SCHOOLS. THROUGH TUITION ASSISTANCE, GRANTS, AND OPERATING SUPPORT, SOH SUPPORTS CATHOLIC K-8 SCHOOLS AND SERVES LOW-INCOME, HIGH- MINORITY POPULATIONS WITHIN THE ARCHDIOCESE OF DENVER IN NORTHERN COLORADO. SEE SCHEDULE O FOR CONTINUATION.
Expenses $3,198,839 · Grants $2,815,890
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Patricia SullivanPATRICIA SULLIVAN
EXECUTIVE DI
- Total calculated
- $171,088
- From this org
- $155,084
- From related orgs
- $6,673
- Other
- $9,331
- Hours/week
- 38 + 2 related
Schedule J breakdown matched by us
- Base
- $155,084 + $6,673 related
- Bonus
- not reported
- Other
- not reported
- Deferred
- $8,686 + $309 related
- Nontaxable benefits
- $322 + $14 related
- Filer's total
- $164,092 + $6,996 related
-
John ZimmermanJOHN ZIMMERMAN
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Angie RomaniANGIE ROMANI
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Dan BeyerDAN BEYER
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Maribeth HanzlikMARIBETH HANZLIK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
David HicksDAVID HICKS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Michael JansenMICHAEL JANSEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dr Kemmery HillDR KEMMERY HILL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Lucy O'ShaughnessyLUCY O'SHAUGHNESSY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Keith ParsonsKEITH PARSONS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
John SchusterJOHN SCHUSTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Joanie ToddJOANIE TODD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Adam TruittADAM TRUITT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sloan SmithSLOAN SMITH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Written employment contract
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$30,000
FUTURE HS STUDENTS
-
$22,000
PROF DEV & TUITION
-
PROF. DEVEL. & ENDOW
-
PROFESSIONAL DEVELOP
-
PROFESSION DEVELOP
-
PROFESSIONAL DEVELOP
-
$15,000
PROFESSIONAL DEVELOP
-
PROFESSIONAL DEVELOP
-
$12,000
PROFESSIONAL DEVELOP
-
PROFESSIONAL DEVELOP
The 10 largest by cash amount. The API serves every itemized grant.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501C3 · RELIGIOUS · CO
Directly controlled by NA
-
SEEDS OF HOPE CHARITABLE TRUST
501C3 · PART VII · CO
Directly controlled by NA
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 27 October 2025
- IRS schema version
- 2024v5.0
- Source object
- 202503019349302670
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