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The Seed Basket Inc

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

EIN: 452255258 ✦ Louisville, KY ✦ Designated as a 501(c)(3)

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Overview

What is The Seed Basket Inc?

The Seed Basket Inc is a nonprofit organization situated in Louisville, Kentucky, dedicated to improving community health, particularly in impoverished areas lacking adequate healthcare facilities. They collaborate with local authorities and medical volunteers from the U.S. to establish free clinics and offer assistance and training to Indonesian doctors. Furthermore, The Seed Basket Inc raises health awareness in these communities, focusing on clean water, disease prevention, and general preventive practices. In addition, the organization partners with local non-profits and community groups in Southeast Asia to identify their training and technology needs, and connects these needs with resources from around the world, fostering mutual transformation and mutual edification.


Official website here: www.theseedbasket.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. This rating indicates that The Seed Basket Inc has a moderate level of accountability and transparency within its operations. While the organization's financial practices show promising aspects, such as a full score for the majority independent board members and a favorable liabilities to assets ratio, there are significant areas for improvement.

Strengths include a complete board independence and a strong program expense ratio, suggesting that most of its financial resources are allocated towards its programs. However, the organization has received low scores in key governance areas, including the absence of conflict of interest and whistleblower policies, as well as shortcomings in document retention practices. These factors have contributed to its overall low rating.

Overall, while The Seed Basket Inc demonstrates some strong governance aspects, the lack of critical policies and transparency measures may raise concerns for potential donors and stakeholders about the organization's operational integrity. Improving these areas could enhance its accountability and strengthen public trust.


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

Is The Seed Basket Inc legitimate?

The Seed Basket Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Seed Basket 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: $14,495

For more financial information, click here


Official website here: www.theseedbasket.org

What is the mission statement of The Seed Basket Inc?

The Seed Basket Inc collaborates with local non-profits and community groups in Southeast Asia to recognize their training and technology requirements. By connecting these needs with the resources of their global partners, the organization collects and shares technological and training "seeds," fostering a harvest of change. In partnership, they aim to construct a bridge for mutual transformation, linking communities abundant in technology with those rich in human resources and determination, all while fostering a spirit of brotherhood, friendship, and compassion for mutual growth.


Official website here: www.theseedbasket.org

Who is the CEO of The Seed Basket Inc?

Cynthia Coffee is the President of The Seed Basket Inc.


Official website here: www.theseedbasket.org

What is the revenue of The Seed Basket Inc?

The Seed Basket Inc's revenue in 2022 was $93,592.


Official website here: www.theseedbasket.org

Who are the executives of The Seed Basket Inc and what are their salaries?

There 3 volunteers at The Seed Basket Inc.


Here are 3 key members and their salaries:


Stephen Stewart (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carree Stewart (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cynthia Coffee (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.theseedbasket.org

Where can I find the form 990 for The Seed Basket Inc?

The Seed Basket Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.theseedbasket.org

Learn more at the official website: www.theseedbasket.org

Mission Statement of The Seed Basket Inc

The Seed Basket Inc, a non-profit organization, collaborates with local non-profits and community groups in Southeast Asia to identify their training and technology needs. Recognizing the potential resources available worldwide, The Seed Basket Inc bridges this gap by connecting these needs with the appropriate resources of their global partners. By collecting and sharing 'seeds' of technology and training, the organization facilitates a 'harvest of change'. This mutual transformation process involves connecting communities rich in technology with those abundant in human resources and willpower, fostering an environment of brotherhood, friendship, and compassion for mutual edification. The Seed Basket Inc aims to build a two-way bridge that not only benefits each side but also promotes a spirit of mutual growth and development.

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Impact




October, 2024

The Seed Basket Inc makes a significant impact by fostering partnerships between local nonprofits and community groups in Southeast Asia to address critical training and technology needs. By acting as a connector between these communities and global resources, the organization creates a sustainable model for mutual transformation. They gather technological “seeds” and training resources from around the world, facilitating a valuable exchange that empowers local communities.

Their initiatives extend into healthcare, where they provide medical and dental assistance in impoverished areas lacking adequate care. Through free clinics in collaboration with local authorities and volunteer medical professionals from the U.S., they enhance healthcare access and quality. The Seed Basket Inc also prioritizes health awareness, delivering education on clean water, disease prevention, and general health practices that contribute to improving the overall health and well-being of communities in need.

By bridging gaps between communities rich in technology and those rich in human capital, The Seed Basket Inc promotes growth rooted in a spirit of brotherhood and compassion, ultimately working toward a harvest of change that uplifts entire communities.




This information is meant to be a general summary of The Seed Basket 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
$93,592 (2022)
Expenses
$92,792 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $158,105

Assets and Liabilities:

  • Total Assets: $217,265
  • Total Liabilities: $3,151
  • Net Assets: $214,114

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Organization Details

Founding Year

2011

Principal Officer

Cynthia Coffee

Main Address

523 VILLAGE LAKE DRIVE, LOUISVILLE, KY, 402455247

NTEE Category

Code: Q32 - International

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