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Seeed Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 264436303 ✦ Knoxville, TN ✦ Designated as a 501(c)(3)

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Overview

What is Seeed Inc?

Seeed Inc, located in Knoxville, Tennessee, is a nonprofit organization dedicated to empowering disadvantaged individuals. Their primary mission involves providing education and training in various trades and occupations, equipping participants with essential life skills such as effective communication, job readiness, community involvement, and leading productive lives. Beyond vocational training, Seeed Inc also promotes environmental literacy within communities, contributing to their overall development. The organization currently employs a team of 20 individuals, working tirelessly to create pathways out of poverty for young adults.


Official website here: www.seeedknox.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 51% (One-Star out of Four Stars)

Seeed Inc has received a One-Star rating from Charity Navigator, indicating concerns regarding its accountability and financial practices. With a low Accountability & Finance Score of 34, the organization faces criticism for missing key governance policies like conflict of interest and whistleblower policies, which could affect transparency and accountability. Positive aspects include a majority of independent board members and no material diversion of assets reported.

Strengths of Seeed Inc include a high Culture & Community Score of 95 and a Leadership & Adaptability Score of 100, showcasing the organization's commitment to its mission and ability to respond to external challenges effectively. The organization has demonstrated evidence of investing in leadership development, which is essential for long-term growth and impact within the community it serves.

However, the overall financial management raises red flags, with no financial statements available and a liabilities-to-assets ratio of 87.31%, suggesting potential financial instability. The program expense ratio of 54.10% indicates that just over half of expenses are directed towards programs, which may impact overall effectiveness. Continued focus on improving financial transparency and governance policies will be crucial for Seeed Inc's future success.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Seeed Inc?

100% of 29 reviewers on Facebook recommend Seeed Inc. Here is a summary of their reviews: The nonprofit is praised for its commitment to supporting inner-city children by providing educational opportunities and job assistance. Many reviewers appreciate the organization's focus on environmental awareness and community involvement, highlighting a collective effort to contribute positively to society.

The sentiment expressed is overwhelmingly positive, with users feeling grateful for the initiatives and programs offered by Seeed Inc. Reviewers emphasize the meaningful impact the organization has on both individual lives and the community as a whole, showcasing a strong alignment with its mission and goals.

Overall, Seeed Inc. appears to effectively fulfill its promises, leaving a lasting impression on those it serves. The genuine appreciation from supporters demonstrates a strong belief in the organization’s efforts to make a difference.


This AI summary has been generated from reviews found on Facebook.

Is Seeed Inc legitimate?

Seeed Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Seeed Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $149,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $429,958

For more financial information, click here


Official website here: www.seeedknox.com

What is the mission statement of Seeed Inc?

Seeed Inc's mission is centered around creating pathways out of poverty for young adults. This is achieved through job readiness training and education, alongside fostering environmental literacy skills within communities. The organization's primary activity involves equipping disadvantaged individuals with various trade and occupational skills. Through this process, participants not only acquire valuable life skills such as effective communication and employment seeking strategies, but also develop a sense of community involvement and the ability to lead fulfilling lives.


Official website here: www.seeedknox.com

What is the revenue of Seeed Inc?

Seeed Inc's revenue in 2023 was $1,068,635.


Official website here: www.seeedknox.com

Who are the executives of Seeed Inc and what are their salaries?

The average compensation at Seeed Inc during 2023 was $14,850. There are 39 employees and 100 volunteers at Seeed Inc.

Here are 7 key members and their salaries:


Stanley C Johnson (Executive Di)
  • Compensation: $84,100
  • Related: $0
  • Other: $0
J D Jackson (Coo)
  • Compensation: $65,100
  • Related: $0
  • Other: $0
Rick Blackburn (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tyronza Carson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leon Christion (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Jackson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jarman Watts (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.seeedknox.com

Where can I find the form 990 for Seeed Inc?

Seeed Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.seeedknox.com

Learn more at the official website: www.seeedknox.com

Mission Statement of Seeed Inc

Seeed Inc, a nonprofit organization, is committed to creating pathways out of poverty for young adults. They achieve this by providing job readiness training and educating communities about environmental literacy skills. The mission of Seeed Inc is twofold: firstly, it aims to equip disadvantaged individuals with the necessary skills to excel in various trades and occupations. Through this training, participants learn valuable life skills such as how to interact effectively with others, find gainful employment, contribute positively to their communities, and lead fulfilling lives.

Secondly, Seeed Inc is dedicated to educating communities about environmental literacy. This aspect of their mission is crucial in empowering young adults to make informed decisions about the environment, promoting sustainability, and fostering a sense of responsibility towards the planet. By integrating environmental literacy skills into their job readiness program, Seeed Inc is not only preparing young adults for the workforce but also instilling in them a deeper understanding of their role in preserving the environment for future generations.

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Impact




October, 2024

Seeed Inc significantly impacts young adults and their communities by creating pathways out of poverty through targeted job readiness training. By equipping disadvantaged individuals with essential skills in various trades and occupations, the organization empowers participants to gain meaningful employment and become active contributors to their communities.

Through its programs, Seeed Inc fosters essential life skills, such as effective communication and community engagement, ensuring that participants are prepared not just for jobs, but for holistic personal development. The emphasis on environmental literacy further enhances community awareness and sustainability, making it a dual-benefit initiative that promotes both economic and environmental health. This multi-faceted approach not only transforms individual lives but also strengthens community bonds in Knoxville and beyond, paving the way for a more resilient and educated populace.




This information is meant to be a general summary of Seeed Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,068,635 (2023)
Expenses
$1,013,403 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $761
  • Program Service Revenue: $147,645
  • Gross Receipts: $1,243,327

Assets and Liabilities:

  • Total Assets: $543,346
  • Total Liabilities: $526,017
  • Net Assets: $17,329

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CE FEES FOR SERVICE

Revenue

$145,000

SEH FEES FOR SERVICE

Revenue

$2,645

Organization Details

Founding Year

2009

Principal Officer

Stanley C Johnson

NTEE Category

Code: S20 - Community improvement

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