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Seeds Of Promise Inc

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

EIN: 275067070 ✦ Rensselaer, IN ✦ Designated as a 501(c)(3)

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Overview

What is Seeds Of Promise Inc?

Seeds Of Promise Inc is a nonprofit organization situated in Rensselaer, Indiana, specifically at 452 S Sparling Ave. Their primary mission is to offer assistance and support to families residing in Jasper County, Indiana, as well as its surrounding areas. The organization's purpose is to bolster these families through various means, ensuring they have the resources and guidance they need to navigate through challenging times.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 80% (Three-Star out of Four Star Rating)

Seeds Of Promise Inc has received an 80% rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. The rating is derived entirely from the Accountability & Finance aspect, reflecting the organization's commitment to transparency and responsible financial management. This score suggests that the charity effectively manages its resources and adheres to best practices in governance.

The organization demonstrates significant strengths, including a fully independent board, which consists of six members, and a robust conflict of interest policy in place. Additionally, Seeds Of Promise Inc has recorded no material diversion of assets, ensuring that resources are used effectively for its mission. The program expense ratio of 100% confirms that all funds are directed towards its programs, showcasing its dedication to maximizing impact.

While the overall score is commendable, it is important to consider the absence of other evaluation metrics that could provide a more comprehensive view of the charity's performance. Nonetheless, the high accountability and finance score reflects a well-managed organization that is focused on its mission.


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

Is Seeds Of Promise Inc legitimate?

Seeds Of Promise Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Seeds Of Promise 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Seeds Of Promise Inc?

Seeds of Promise Inc's mission is centered around assisting and supporting families in need. This organization operates primarily in the vicinity of Jasper County, Indiana, extending its reach to its surrounding areas. Its primary goal is to provide essential aid and support to these families, striving to make a positive impact on their lives. The organization's activities are geared towards providing assistance and support in various ways, aiming to improve the well-being of the families it serves.

Who is the CEO of Seeds Of Promise Inc?

Robert Hall is the President of Seeds Of Promise Inc.

What is the revenue of Seeds Of Promise Inc?

Seeds Of Promise Inc's revenue in 2022 was $81,272.

Who are the executives of Seeds Of Promise Inc and what are their salaries?


Here are 6 key members and their salaries:


Brian Hannon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Duane Taulman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glen Allie (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Hall (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Hurley (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Manning (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Seeds Of Promise Inc?

Seeds Of Promise Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Seeds Of Promise Inc

Seeds of Promise Inc, a nonprofit organization, is committed to aiding and supporting families residing in Jasper County, Indiana, and its surrounding areas. The organization's primary purpose is to extend assistance and provide a helping hand to these families in need. By offering support, Seeds of Promise Inc aims to make a positive impact on the lives of these families, contributing to their overall well-being and stability.

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Impact




October, 2024

Seeds Of Promise Inc significantly impacts families in Jasper County, Indiana, and its surrounding areas by providing essential assistance and support. The organization focuses on addressing the needs of families, ensuring they have access to resources that can enhance their well-being and improve their quality of life. Through various initiatives, Seeds Of Promise Inc fosters a sense of community and resilience among families, helping to create a stable environment in which they can thrive. By prioritizing the needs of families, the organization plays a vital role in uplifting the community and promoting social welfare in the region.




This information is meant to be a general summary of Seeds Of Promise 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
$81,272 (2022)
Expenses
$60,660 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $3
  • Program Service Revenue: $81,269
  • Gross Receipts: $81,272

Assets and Liabilities:

  • Total Assets: $51,509
  • Total Liabilities: $0
  • Net Assets: $51,509

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Programs

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

CROP SALES

Revenue

$79,220

DONATED SERVICES

Revenue

$1,949

CONTRIBUTIONS RECEIVED

Revenue

$100

Organization Details

Founding Year

2011

Principal Officer

Robert Hall

Main Address

452 S SPARLING AVE, RENSSELAER, IN, 47978

NTEE Category

Code: T99 - Philanthropy

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