Form 990 for tax year 2024

Totals

Total revenue

$3,330,167

Total expenses

$2,885,249

Contributions and grants received

$2,737,285

Grants paid

$0

Program service revenue

$252,775

Investment income

$340,107

Other revenue

$0

Total assets, end of year

$14,096,359

Total liabilities, end of year

$10,170,310

Net assets or fund balances, end of year

$3,926,049

Program services expenses (Part IX)

$1,783,675

Management and general expenses

$930,676

Fundraising expenses

$170,898

Program service expenses (Part III)

$1,783,675

Program services were 61.8% 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.

Mission and programs · 2024

• SchoolSeed has been a trusted organization committed to developing and managing programs that directly impact children, families, and the broader community. At the core of our mission is a deep commitment to strengthening families, as we believe strong families lead to stronger communities. Through our initiatives, we provide essential services that help parents, children, and residents overcome challenges and build a foundation for success. Our flagship programs include: Kindred Place - Offering counseling support for parents, children, and families, helping them navigate trauma, stress, and mental health challenges. This work promotes healthier relationships and stability within households, ensuring long-term community well-being. Bridge Up Giddy Up - A unique equestrian program that immerses inner-city youth in the world of horseback riding, providing mentorship, life skills development, and exposure to new opportunities. This initiative has helped children develop discipline, confidence, and resilience. Community Collaboration and Outreach - We actively work with residents, local organizations, and businesses to address pressing community needs, supporting initiatives that contribute to overall neighborhood development and family stability. SchoolSeed is dedicated to securing and managing private resources to operate and expand these programs, ensuring families and youth in Memphis have access to the tools and support they need to thrive. Our focus remains on creating sustainable, impactful initiatives that uplift and empower individuals fostering a stronger, more resilient community for all.

  Expenses $1,618,071 · Revenue $3,330,167

• Sponsorships: Support core programs of schoolseed which include Bridge Up Giddy Up, Kindred Place and other community driven iniatives that impact children and families in the community.

  Expenses $165,604

• SchoolSeed initiatives that support children and families: Support schoolseed programs aimed at specified initiatives that impact children in the community and their families most immediate needs.

As filed on the 2024 return.

Listed in Part VII

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

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

No itemized grants to organizations on this return.

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.

• Kindred Place

  501 (c) 3 · Family Counseling · TN · controlled entity

  Directly controlled by Yes

Provenance

Return type

form_990

Tax year

2024

Filed

16 November 2025

IRS schema version

2024v5.2

Source object

202533209349301073

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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