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Nonprofiteer
← SEEED INC

Form 990 for tax year 2022

Filed by SEEED INC.

What the amendment changed

Compared with the return it replaced , filed 14 November 2023. matched by us Only the Part I totals and the names listed in Part VII are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Total revenue
$789,174 changed to $809,126
Total expenses
$846,617 changed to $801,247
Contributions and grants received
$450,356 changed to $693,744
Program service revenue
$314,860 changed to $91,423
Other revenue
$23,652 changed to $23,653
Total assets, end of year
$543,346 changed to $623,336
Total liabilities, end of year
$526,017 changed to $544,250
Net assets or fund balances, end of year
$17,329 changed to $79,086
Program services expenses
$391,971 changed to $470,149
Management and general expenses
$402,901 changed to $192,786
Fundraising expenses
$51,745 changed to $138,312
Program service expenses (Part III)
$391,971 changed to $470,149

Totals

Total revenue
$809,126
Total expenses
$801,247
Contributions and grants received
$693,744
Grants paid
$0
Program service revenue
$91,423
Investment income
$306
Other revenue
$23,653
Total assets, end of year
$623,336
Total liabilities, end of year
$544,250
Net assets or fund balances, end of year
$79,086
Program services expenses (Part IX)
$470,149
Management and general expenses
$192,786
Fundraising expenses
$138,312
Program service expenses (Part III)
$470,149

Program services were 58.7% 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.

  • 1e · Government grants (contributions)

    $258,583

  • 1f · All other contributions, gifts and grants

    $435,161

  • 1g · Noncash contributions included above

    $68,800

  • 2a · Program service revenue: CE FEES FOR SERVICE

    total $83,118 · related or exempt $83,118

  • 2b · Program service revenue: SEH FEES FOR SERVICE

    total $8,305 · related or exempt $8,305

  • 3 · Investment income

    total $306 · related or exempt $306

  • 8a · Fundraising events: gross income

    $44,985

  • 8b · Fundraising events: direct expenses

    $21,332

  • 8c · Net income from fundraising events

    total $23,653 · excluded $23,653

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $206,615 · program services $96,333 · management and general $60,282 · fundraising $50,000

  • 7 · Other salaries and wages

    total $251,452 · program services $149,882 · management and general $30,000 · fundraising $71,570

  • 10 · Payroll taxes

    total $36,713 · program services $19,733 · management and general $7,236 · fundraising $9,744

  • 11b · Fees: legal

    total $2,000 · program services $2,000

  • 11c · Fees: accounting

    total $5,144 · management and general $5,144

  • 11g · Fees: other

    total $8,633 · program services $1,065 · management and general $6,054 · fundraising $1,514

  • 12 · Advertising and promotion

    total $9,177 · management and general $9,177

  • 14 · Information technology

    total $2,727 · program services $2,100 · management and general $327 · fundraising $300

  • 16 · Occupancy

    total $24,049 · program services $14,199 · management and general $7,737 · fundraising $2,113

  • 17 · Travel

    total $6,218 · program services $245 · management and general $5,973

  • 20 · Interest

    total $10,050 · management and general $10,050

  • 22 · Depreciation, depletion and amortization

    total $3,721 · program services $2,605 · management and general $558 · fundraising $558

  • 23 · Insurance

    total $15,733 · program services $12,114 · management and general $1,888 · fundraising $1,731

  • 24a · Other expenses: STIPENDS

    total $126,909 · program services $111,677 · management and general $15,232

  • 24b · Other expenses: SUPPLIES

    total $50,289 · program services $46,055 · management and general $3,474 · fundraising $760

  • 24c · Other expenses: DUES AND MEMBERSHIPS

    total $11,600 · management and general $11,600

  • 24d · Other expenses: MEETINGS AND MEALS

    total $11,088 · program services $6,514 · management and general $4,574

  • 24e · All other expenses

    total $19,129 · program services $5,627 · management and general $13,480 · fundraising $22

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $249,516 · end of year $45,708

  • 2 · Savings and temporary cash investments

    beginning of year $246,210 · end of year $245,814

  • 4 · Accounts receivable

    end of year $29,747

  • 7 · Other notes and loans receivable

    end of year $1,300

  • 10a · Land, buildings and equipment: cost or other basis

    $20,258

  • 10b · Land, buildings and equipment: accumulated depreciation

    $9,475

  • 10c · Land, buildings and equipment, net

    beginning of year $2,933 · end of year $10,783

  • 15 · Other assets

    beginning of year $61,878 · end of year $289,984

  • 17 · Accounts payable and accrued expenses

    end of year $33,061

  • 24 · Unsecured notes and loans payable

    end of year $2,000

  • 25 · Other liabilities

    beginning of year $497,336 · end of year $509,189

  • 27 · Net assets without donor restrictions

    beginning of year $63,201 · end of year $75,836

  • 28 · Net assets with donor restrictions

    end of year $3,250

Mission and programs · 2022

Mission

CREATE PATHWAYS OUT OF POVERTY FOR YOUNG ADULTS THROUGH JOB READINESS. TRAINING WHILE EDUCATING COMMUNITIES WITH ENVIRONMENTAL LITERACY SKILLS.

  • THE EDUCATION AND TRAINING OF DISADVANTAGED INDIVIDUALS IN VARIOUS TRADES AND OCCUPATIONS. PARTICIPANTS IN THE PROGRAM LEARN VALUABLE LIFE SKILLS, INCLUDING HOW TO INTERRACT WITH OTHERS, FIND GAINFUL EMPLOYMENT, FURTHER THEIR INVOLVEMENT IN THE COMMUNITY, AND LEAD PRODUCTIVE LIVES.

    Expenses $470,149 · Grants $406,928 · Revenue $91,423

As filed on the 2022 return.

Listed in Part VII

  • STANLEY C JOHNSON

    EXECUTIVE DI

    Total calculated
    $84,000
    From this org
    $84,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • LAUREL BOWEN

    CFO

    Total calculated
    $62,615
    From this org
    $62,615
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • J D JACKSON

    COO

    Total calculated
    $60,000
    From this org
    $60,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • RICK BLACKBURN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • TYRONZA CARSON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • LEON CHRISTION

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • ANDREW JACKSON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • JARMAN WATTS

    CHAIR

    Total calculated
    $0
    Hours/week
    2

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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
7 February 2024
IRS schema version
2022v5.0
Source object
202440439349301909

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