Skip to content
Nonprofiteer
← SEEDSPOT

Form 990 for tax year 2024

Filed by SEEDSPOT.

Totals

Total revenue
$1,535,195
Total expenses
$1,695,855
Contributions and grants received
$1,201,748
Grants paid
$60,021
Program service revenue
$306,171
Investment income
$27,276
Other revenue
$0
Total assets, end of year
$1,111,825
Total liabilities, end of year
$22,569
Net assets or fund balances, end of year
$1,089,256
Program services expenses (Part IX)
$1,074,893
Management and general expenses
$468,578
Fundraising expenses
$152,384
Program service expenses (Part III)
$1,074,893

Program services were 63.4% 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.

  • 1f · All other contributions, gifts and grants

    $1,201,748

  • 2a · Program service revenue: ENTREPRENUER DEVELOPME

    total $306,171 · related or exempt $306,171

  • 3 · Investment income

    total $27,276 · excluded $27,276

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $60,021 · program services $60,021

  • 5 · Compensation of officers, directors and key employees

    total $180,710 · program services $113,678 · management and general $49,612 · fundraising $17,420

  • 7 · Other salaries and wages

    total $743,681 · program services $467,821 · management and general $204,170 · fundraising $71,690

  • 9 · Other employee benefits

    total $46,714 · program services $29,386 · management and general $12,825 · fundraising $4,503

  • 10 · Payroll taxes

    total $69,400 · program services $43,657 · management and general $19,053 · fundraising $6,690

  • 11b · Fees: legal

    total $4,375 · management and general $4,375

  • 11c · Fees: accounting

    total $78,082 · management and general $78,082

  • 11g · Fees: other

    total $234,813 · program services $185,603 · management and general $20,768 · fundraising $28,442

  • 12 · Advertising and promotion

    total $76,903 · program services $48,377 · management and general $21,113 · fundraising $7,413

  • 13 · Office expenses

    total $73,028 · program services $45,938 · management and general $20,049 · fundraising $7,041

  • 14 · Information technology

    total $3,020 · program services $1,900 · management and general $829 · fundraising $291

  • 16 · Occupancy

    total $13,648 · program services $8,585 · management and general $3,747 · fundraising $1,316

  • 17 · Travel

    total $33,627 · program services $21,153 · management and general $9,232 · fundraising $3,242

  • 19 · Conferences, conventions and meetings

    total $14,235 · program services $8,955 · management and general $3,908 · fundraising $1,372

  • 22 · Depreciation, depletion and amortization

    total $30,746 · program services $19,341 · management and general $8,441 · fundraising $2,964

  • 23 · Insurance

    total $11,361 · management and general $11,361

  • 24a · Other expenses: BAD DEBT

    total $13,840 · program services $13,840

  • 24b · Other expenses: PROGRAM TOOLS

    total $7,651 · program services $6,638 · management and general $1,013

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $858,862 · end of year $139,369

  • 3 · Pledges and grants receivable

    beginning of year $35,000 · end of year $143,230

  • 4 · Accounts receivable

    beginning of year $60,785 · end of year $26,250

  • 9 · Prepaid expenses and deferred charges

    beginning of year $13,654 · end of year $5,162

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

    $12,389

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

    $3,467

  • 10c · Land, buildings and equipment, net

    beginning of year $6,212 · end of year $8,922

  • 11 · Investments: publicly traded securities

    beginning of year $0 · end of year $5,798

  • 12 · Investments: other securities

    beginning of year $253,319 · end of year $730,594

  • 14 · Intangible assets

    beginning of year $82,500 · end of year $52,500

  • 17 · Accounts payable and accrued expenses

    beginning of year $61,319 · end of year $22,569

  • 27 · Net assets without donor restrictions

    beginning of year $1,109,013 · end of year $742,839

  • 28 · Net assets with donor restrictions

    beginning of year $140,000 · end of year $346,417

Mission and programs · 2024

Mission

EDUCATING, ACCELERATING, AND INVESTMENT IN DIVERSE, IMPACT DRIVEN ENTREPRENEURS.

  • Withheld by Nonprofiteer: this text may name a private individual.

    Expenses $1,074,893 · Grants $60,021 · Revenue $306,171

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.

Listed in Part VII

  • Sentari Minor

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    3
  • Erin O'Shea

    TREASURER

    Total calculated
    $0
    Hours/week
    3
  • Savannah Onwochei

    SECRETARY

    Total calculated
    $0
    Hours/week
    3
  • Janine Davison

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • John Gaylord

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Russell Goldstein

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Brian Hill

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Courtney Klein

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Shaun Mayo

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Joronda Montano

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Rashad Moore

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Nahla Salem

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Zachary Leverenz

    CHIEF EXECUTIVE OFFICER

    Total calculated
    $220,646
    From this org
    $212,005
    From related orgs
    $0
    Other
    $8,641
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $212,005
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $8,641
    Filer's total
    $220,646
  • Lauren McDanell

    VP OF STRATEGY & GROWTH

    Total calculated
    $139,030
    From this org
    $132,167
    From related orgs
    $0
    Other
    $6,863
    Hours/week
    40
  • Tristan Gandolfi

    VICE PRESIDENT OF PROGRAMS

    Total calculated
    $124,833
    From this org
    $124,833
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

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 · Form 990 of other organizations
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 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

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
13 May 2026
IRS schema version
2024v5.5
Source object
202611339349306921

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

The source document this was parsed from is served over the API, which is where bulk and document access live.