Overview
What is Seeding Success?
Seeding Success is a Memphis-based nonprofit organization located at 411 Monroe Avenue 200, in Shelby County, Tennessee (38103). Their mission is to foster a "cradle to career" education agenda in Shelby County, acting as a collaborative platform to achieve four primary goals: 1) children enter kindergarten prepared to learn, 2) youth graduate high school ready for college, 3) adults earn certifications and degrees for local careers, and 4) talent is attracted and retained in the county. Seeding Success serves as a facilitator and advocate for these objectives.
Official website here: www.seeding-success.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 84%, Three-Star out of Four Star rating.
Seeding Success has received a solid rating of 84%, reflecting strong accountability and financial management practices. The charity benefits from a fully independent board and demonstrates a high program expense ratio of 88%, indicating that a significant portion of its funds goes directly to its programs rather than administrative costs. Additionally, the organization has maintained a positive score regarding its liabilities to assets ratio and fundraising efficiency, showing effective financial health.
However, some areas of concern have been identified. The organization is missing key policies such as a whistleblower policy and a document retention and destruction policy, which could impact transparency and governance. Additionally, the tax form was not distributed to the board prior to filing, which raises questions about board involvement in financial oversight. These omissions suggest that while the charity performs well in many aspects, there are opportunities for improvement in governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is Seeding Success legitimate?
Seeding Success is a legitimate nonprofit organization registered as a 501(c)(3) entity. Seeding Success 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: $194,250
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,777,275
For more financial information, click here
Official website here: www.seeding-success.org
What is the mission statement of Seeding Success?
Seeding Success is an organization dedicated to advancing a "cradle to career" education agenda. It acts as a facilitator, advocate, and collaboration hub to achieve four primary goals: 1) ensuring children start kindergarten prepared to learn, 2) helping youth graduate high school as college-ready candidates, 3) enabling adults to earn certifications and degrees for local careers, and 4) attracting and retaining talent in the community. The organization's purpose is to create a well-educated workforce and improve the overall educational landscape. By fostering collaborations, advocating for change, and providing resources, Seeding Success aims to create a strong foundation for the education and career growth of individuals in the community.
Official website here: www.seeding-success.org
Who is the CEO of Seeding Success?
Mark Sturgis is the Secretary of Seeding Success. The CEO's salary of Seeding Success is $194,250 and their total compensation is $194,250.
Official website here: www.seeding-success.org
What is the revenue of Seeding Success?
Seeding Success's revenue in 2022 was $18,000,407.
Official website here: www.seeding-success.org
Who are the executives of Seeding Success and what are their salaries?
The average compensation at Seeding Success during 2022 was $110,056. There are 27 employees and 13 volunteers at Seeding Success.
Here are 22 key members and their salaries (Seeding Success's CEO's salary is $194,250 and their total compensation is $194,250):
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- Compensation: $124,373
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Official website here: www.seeding-success.org
Where can I find the form 990 for Seeding Success?
Seeding Success's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.seeding-success.org
Learn more at the official website: www.seeding-success.org
Mission Statement of Seeding Success
Seeding Success, a facilitator and advocate organization, is dedicated to promoting a "cradle to career" education agenda in Shelby County. It serves as a crucial platform for collaboration among various stakeholders, focusing on four primary goals: ensuring children enter kindergarten prepared to learn, helping youth graduate high school "college ready," encouraging adults to earn certifications and degrees for local careers, and attracting and retaining talent in the county. By fostering partnerships and advocacy around these objectives, Seeding Success aims to create a thriving educational ecosystem that supports individuals of all ages, ultimately contributing to the overall growth and development of the community.
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Impact
October, 2024
Seeding Success has created a significant impact in Shelby County by fostering a comprehensive education framework that spans from early childhood through adulthood. Its focus on a "cradle to career" agenda ensures that children enter kindergarten equipped with the necessary skills to thrive. This foundational support not only enhances early learning but also sets the stage for youth to graduate high school with the academic preparedness needed for college.
Additionally, Seeding Success emphasizes the importance of post-secondary education and career readiness for adults. By facilitating programs that help individuals earn certifications and degrees aligned with local job markets, the organization expands the talent pool essential for economic development in Shelby County. This strategic approach also plays a crucial role in attracting and retaining skilled talent in the area, thereby contributing to a vibrant, knowledgeable workforce.
Through collaboration among community stakeholders, Seeding Success effectively addresses educational disparities and promotes holistic development, ultimately leading to improved educational outcomes and a stronger local economy.
This information is meant to be a general summary of Seeding Success. 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: $1,938
- Gross Receipts: $18,000,407
Assets and Liabilities:
- Total Assets: $14,419,359
- Total Liabilities: $11,680,835
- Net Assets: $2,738,524
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Organization Details
Founding Year
2011
Phone
(901) 507-4183Principal Officer
Mark Sturgis
Main Address
411 MONROE AVENUE 200, MEMPHIS, TN, 38103
Website
www.seeding-success.orgNTEE Category
Code: O50 - Youth development
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