Overview
What is Seed Energy Inc?
Seed Energy Inc, operating under the name Sunfarmer, is a nonprofit organization situated in Ann Arbor, Michigan. With a focus on solar energy, they have been actively installing solar panels on healthcare facilities, farms, and businesses in Nepal since 2020. Their mission is to provide affordable and reliable solar power for critical infrastructure in the developing world. They strive to contribute to the energy sector by constructing and monitoring solar projects, aiming to improve energy access and sustainability in these regions.
Official website here: www.sunfarmer.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Stars)
Seed Energy Inc has achieved a Three-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. The charity's overall score is 87%, derived entirely from its Accountability & Finance score, indicating solid financial practices and transparency in operations. This rating showcases the organization's effective management of resources, which is crucial for maintaining donor trust.
The evaluation highlights several strengths within Seed Energy Inc, such as having a majority independent board, no material diversion of assets, and compliance with various governance policies, including conflict of interest and whistleblower policies. These factors contribute positively to its overall accountability, with a notable program expense ratio of 85.14%, suggesting a focus on delivering its mission effectively through programmatic efforts.
However, while the rating is strong, it is based solely on financial metrics. Potential donors may want to consider additional aspects of the organization, such as its impact and effectiveness in achieving its mission, to gain a better understanding of its overall performance and community engagement.
This AI summary has been generated from information found on Charity Navigator.
Is Seed Energy Inc legitimate?
Seed Energy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Seed Energy 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
Official website here: www.sunfarmer.org
What is the mission statement of Seed Energy Inc?
Seed Energy Inc's mission is focused on providing sustainable energy solutions. Specifically, they aim to power critical infrastructure in developing nations with affordable and reliable solar energy. This mission was demonstrated through their projects in Nepal during 2020, where they installed solar panels on various facilities such as health centers, farms, and businesses. This initiative not only contributes to the energy needs of these communities but also boosts their overall infrastructure.
Official website here: www.sunfarmer.org
Who is the CEO of Seed Energy Inc?
Andrew Moon is the Ceo/Secretary of Seed Energy Inc. The CEO's salary of Seed Energy Inc is $0 and their total compensation is $0.
Official website here: www.sunfarmer.org
What is the revenue of Seed Energy Inc?
Seed Energy Inc's revenue in 2020 was $41,314.
Official website here: www.sunfarmer.org
Who are the executives of Seed Energy Inc and what are their salaries?
There 2 volunteers at Seed Energy Inc.
Here are 3 key members and their salaries (Seed Energy Inc's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.sunfarmer.org
Where can I find the form 990 for Seed Energy Inc?
Seed Energy Inc's most recent form 990 was submitted in 2020 and can be accessed here.
Official website here: www.sunfarmer.org
Learn more at the official website: www.sunfarmer.org
Mission Statement of Seed Energy Inc
Seed Energy Inc, a nonprofit organization, is committed to powering critical infrastructure in the developing world with affordable and reliable solar energy. This mission is accomplished through the development, construction, and monitoring of solar energy projects. In 2020, Seed Energy Inc made significant strides in Nepal, installing solar panels on various facilities such as health centers, farms, and businesses. By providing sustainable and cost-effective solar energy solutions, Seed Energy Inc is contributing to the improvement of essential services in developing regions.
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Impact
August, 2024
Seed Energy Inc is making a significant impact by powering critical infrastructure in the developing world with affordable and reliable solar energy solutions. Through their solar energy project development, construction, and monitoring efforts in Nepal, Seed Energy Inc has installed solar panels on health facilities, farms, and businesses across the country in 2020. By providing clean and sustainable energy sources to these vital institutions, Seed Energy Inc is helping to improve access to essential services, support economic growth, and enhance the quality of life for communities in Nepal.
This information is meant to be a general summary of Seed Energy 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2020.
- Investment Income: $28
- Gross Receipts: $41,314
Assets and Liabilities:
- Total Assets: $575,503
- Total Liabilities: $116
- Net Assets: $575,387
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Organization Details
Founding Year
2013
Phone
(415) 500-1416Principal Officer
Andrew Moon
Main Address
3129 ASHER RD, ANN ARBOR, MI, 48104
Website
www.sunfarmer.orgNTEE Category
Code: Q20 - International
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