Overview
What is Seed Spot?
Seed Spot is a nonprofit organization situated in Phoenix, Arizona, specifically at 515 E Grant St STE 150. Their mission is to empower and support diverse, impact-driven entrepreneurs. They accomplish this through various programs such as 2DAY Launch Camps, Impact Accelerator Programs, Partner Programs, and individualized mentorship. Additionally, they introduced Phoenix's first annual Startup Spring Training, a free 5-week event series that assisted 150 small businesses in Arizona with training and mentorship, collectively serving around 450 entrepreneurs. With a team of 11 dedicated individuals, Seed Spot plays a significant role in fostering entrepreneurial growth and impact within their community.
Official website here: www.seedspot.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.
Seed Spot has achieved an impressive 96% rating from Charity Navigator, reflecting strong accountability and financial management. The organization boasts a fully independent board, with 92% of its members being independent. This governance structure, combined with robust financial oversight, ensures that the charity is operating in a transparent and ethical manner.
The nonprofit demonstrates a commendable commitment to its programs as evidenced by a program expense ratio of 71.16%, indicating that a significant portion of its funds is directed towards its mission-related activities. Additionally, the organization adheres to best practices in terms of policies on conflicts of interest, whistleblower protections, and document retention, further underscoring its operational integrity.
Overall, Seed Spot's high ratings signify an organization that is well-managed and dedicated to its cause, with no reported material diversions of assets. While specific user feedback is not detailed here, the financial indicators and governance practices suggest a reliable and effective nonprofit focused on positive impact.
This AI summary has been generated from information found on Charity Navigator.
Is Seed Spot legitimate?
Seed Spot is a legitimate nonprofit organization registered as a 501(c)(3) entity. Seed Spot 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: $202,057
Professional Fundraising Fees: $0
Other Salaries and Wages: $359,298
For more financial information, click here
Official website here: www.seedspot.org
What is the mission statement of Seed Spot?
Seed Spot's mission is centered around fostering and empowering diverse entrepreneurs who are driven by impact. They achieve this through various means, including educational programs, accelerators, and strategic investments. The organization's primary goal is to support these entrepreneurs in their journey, helping them to turn their ideas into impactful initiatives. Seed Spot offers a range of resources, such as 2DAY Launch Camps, Impact Accelerator Programs, Partner Programs, and individualized mentorship, to assist entrepreneurs in realizing their full potential. Furthermore, Seed Spot launched Phoenix's first annual Startup Spring Training, a free 5-week event series that provided training and mentorship to 150 small businesses in Arizona, thereby serving a substantial number of entrepreneurs.
Official website here: www.seedspot.org
Who is the CEO of Seed Spot?
Zachary Leverenz is the Ceo of Seed Spot. The CEO's salary of Seed Spot is $166,875 and their total compensation is $166,875.
Official website here: www.seedspot.org
What is the revenue of Seed Spot?
Seed Spot's revenue in 2022 was $1,990,153.
Official website here: www.seedspot.org
Who are the executives of Seed Spot and what are their salaries?
The average compensation at Seed Spot during 2022 was $51,032. There are 11 employees and 111 volunteers at Seed Spot.
Here are 15 key members and their salaries (Seed Spot's CEO's salary is $166,875 and their total compensation is $166,875):
- Compensation: $166,875
- Related: $0
- Other: $0
- Compensation: $109,167
- Related: $0
- Other: $0
- Compensation: $14,823
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.seedspot.org
Where can I find the form 990 for Seed Spot?
Seed Spot's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.seedspot.org
Learn more at the official website: www.seedspot.org
Mission Statement of Seed Spot
Seed Spot, an organization dedicated to education, acceleration, and investment, focuses on supporting diverse entrepreneurs driven by impact. Their mission is centered around nurturing these individuals, providing them with the necessary tools and resources to turn their ideas into viable businesses. Seed Spot accomplishes this through various programs such as 2DAY Launch Camps, Impact Accelerator Programs, Partner Programs, and individualized mentorship. These initiatives aim to educate and empower entrepreneurs, helping them to refine their business concepts and strategies.
In addition to its educational offerings, Seed Spot also organizes events like Phoenix's first annual Startup Spring Training. This free, five-week event series offers training and mentorship to 150 small businesses in Arizona, ultimately serving around 450 entrepreneurs. By providing this comprehensive support system, Seed Spot plays a crucial role in fostering the growth and success of impact-driven entrepreneurs, contributing to a more innovative and socially responsible business landscape.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Seed Spot's impact is evident in its dedication to educating, accelerating, and investing in diverse, impact-driven entrepreneurs. Through programs like 2DAY Launch Camps, Impact Accelerator Programs, Partner Programs, and individualized mentorship, Seed Spot has supported approximately 450 entrepreneurs. Additionally, the organization launched Phoenix's first annual Startup Spring Training, a free 5-week event series that provided training and mentorship to 150 small businesses in Arizona. Seed Spot's commitment to fostering a community of innovative and socially conscious entrepreneurs is creating a tangible impact on the entrepreneurial landscape in Phoenix.
This information is meant to be a general summary of Seed Spot. 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.
- Program Service Revenue: $337,047
- Gross Receipts: $1,990,153
Assets and Liabilities:
- Total Assets: $1,068,136
- Total Liabilities: $292,755
- Net Assets: $775,381
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ENTREPRENUER DEVELOPMENT
Revenue
$337,047
Organization Details
Founding Year
2012
Phone
(602) 456-9944Principal Officer
Zachary Leverenz
Main Address
515 E Grant St STE 150, PHOENIX, AZ, 85004
Website
www.seedspot.orgNTEE Category
Code: S43 - Community improvement
If you are a representative of Seed Spot and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.