Overview
What is Support For Educational And Economic Development?
Support for Educational and Economic Development, or SEED, is a nonprofit organization based in Plano, Texas. Their primary mission is to enhance the educational and healthcare standards in economically underdeveloped areas of India, aiming to reduce ignorance and improve the quality of life for the impoverished population. They achieve this by granting financial aid for the education of 15,000 underprivileged children in 56 schools, as well as providing 1,300 scholarships for college education for deserving students. The organization's work is instrumental in improving literacy status and overall living conditions in these regions.
Official website here: www.seedusa.net
What are the reviews and ratings of this charity?
Charity Navigator rates Support For Educational And Economic Development with an 81%, giving it a Three-Star out of Four Star rating. The organization shows strong performance in Accountability & Finance with a score of 83%, indicating a solid commitment to financial transparency and responsibility. Its high ratings in key areas such as independent board membership and the absence of asset diversion reinforce its credibility.
The nonprofit excels in its program expense ratio, allocating 87.85% of its expenses directly to its programs, which reflects effective use of funds to achieve its mission. Additionally, the organization demonstrates a robust approach to gathering and utilizing constituent feedback, scoring a perfect 100 in feedback collection, usage, and practices. This suggests a responsive and community-focused approach in its operations.
While the organization has strengths, there are areas for improvement, as highlighted by its lower score of 79 in equity strategies. This indicates potential challenges in addressing equity-related issues within its operations. Overall, the organization appears reliable and dedicated to its cause, but addressing equity strategies may enhance its overall impact.
This AI summary has been generated from information found on Charity Navigator.
Is Support For Educational And Economic Development legitimate?
Support For Educational And Economic Development is a legitimate nonprofit organization registered as a 501(c)(3) entity. Support For Educational And Economic Development 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.
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Official website here: www.seedusa.net
What is the mission statement of Support For Educational And Economic Development?
The mission of Support for Educational and Economic Development is focused on enhancing educational and healthcare standards in economically underdeveloped areas of India. They aim to achieve this by improving literacy rates and enhancing the quality of life. Their mission involves implementing educational and medical care programs, with a focus on projects that reduce ignorance and improve the quality of life for the poor in India. This organization provides financial aid for the education of 15,000 poor children in 56 schools and has granted 1,300 scholarships for college education to underprivileged students.
Official website here: www.seedusa.net
Who is the CEO of Support For Educational And Economic Development?
Syed M Hussaini is the President of Support For Educational And Economic Development.
Official website here: www.seedusa.net
What is the revenue of Support For Educational And Economic Development?
Support For Educational And Economic Development's revenue in 2022 was $2,830,747.
Official website here: www.seedusa.net
Who are the executives of Support For Educational And Economic Development and what are their salaries?
Here are 10 key members and their salaries:
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Official website here: www.seedusa.net
Where can I find the form 990 for Support For Educational And Economic Development?
Support For Educational And Economic Development's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.seedusa.net
Learn more at the official website: www.seedusa.net
Mission Statement of Support For Educational And Economic Development
Support for Educational and Economic Development, a nonprofit organization, is committed to enhancing educational and healthcare standards in economically underdeveloped areas of India. Their mission is twofold: firstly, to implement educational and medical care programs that target projects aimed at reducing ignorance and improving the quality of life for the less fortunate in India. Secondly, they strive to improve the literacy status of impoverished children by providing financial aid to 15,000 students in 56 schools across the country. Furthermore, they have granted 1,300 scholarships to deserving students for higher education, thereby opening up opportunities for them to break the cycle of poverty. The organization's efforts are geared towards improving the overall quality of life for the poor in India, thereby contributing to a more equitable society.
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Impact
October, 2024
Support For Educational And Economic Development has made a significant impact by improving literacy rates and enhancing the quality of life in economically underdeveloped areas of India. By providing financial aid for the education of 15,000 underprivileged children across 56 schools, the organization has facilitated access to education that would otherwise be unattainable for many families.
Additionally, the granting of 1,300 scholarships for college education empowers poor students to pursue higher education, which is crucial for breaking the cycle of poverty. These efforts not only promote individual growth and development but also contribute to the overall economic stability of the communities served.
Through targeted educational and healthcare programs, the organization is actively working to reduce ignorance and uplift living standards, directly addressing the challenges faced by the poorest segments of society. The focus on long-term sustainable changes is essential in creating a brighter future for the next generation in these regions.
This information is meant to be a general summary of Support For Educational And Economic Development. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $51,964
- Gross Receipts: $2,830,747
Assets and Liabilities:
- Total Assets: $2,983,107
- Total Liabilities: $0
- Net Assets: $2,983,107
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Organization Details
Phone
(972) 697-6998Principal Officer
Syed M Hussaini
Main Address
4554 NELLORE STREET, PLANO, TX, 75074
Website
www.seedusa.netNTEE Category
Code: Q33 - International
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