Overview
What is Feed & Seed Inc?
Feed & Seed Inc is a nonprofit organization based in Greenville, South Carolina. With a team of 24 dedicated individuals, their mission revolves around enhancing the health and well-being of the community. They strive to increase access to nutritious food, foster a sustainable food system, and stimulate economic growth by leveraging the power of food, farms, and community. Their initiatives include developing partnerships, launching a website and social media platforms, creating documents outlining their focus areas and impacts, and opening channels for large-scale use of locally produced farm produce. They also offer a USDA-FSIS-certified processing facility for farm products and a DHEC-certified community kitchen for local food marketers in need of commercial kitchen space. These facilities serve as game-changers for small farms and small-scale food businesses, making a significant contribution to their community.
Official website here: www.feedandseedsc.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 68%, Two-Star out of Four Star rating.
Feed & Seed Inc has received a Two-Star rating from Charity Navigator, primarily based on its Accountability & Finance score of 68%. This score reflects the charity's adherence to financial practices and governance standards, indicating a moderate level of transparency and effectiveness in these areas. The overall rating is derived solely from the Accountability & Finance metrics.
The organization demonstrates several strengths in governance, including a fully independent board, which scored 100% for majority independent membership. Moreover, it has a strong program expense ratio of 88.75%, suggesting that a significant portion of its resources is allocated directly to its programs. The charity has also established several key policies, such as conflict of interest and whistleblower protections.
However, the charity falls short in its financial reporting, receiving zero points for financial statements, which could raise concerns among potential donors regarding the visibility of its financial health. Additionally, while the liabilities to assets ratio is relatively high at 67.08%, further context is necessary to assess the potential impact on the organization’s sustainability. Overall, while Feed & Seed Inc shows some commendable practices, improvements in financial transparency are needed to enhance its rating.
This AI summary has been generated from information found on Charity Navigator.
Is Feed & Seed Inc legitimate?
Feed & Seed Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Feed & Seed 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: $291,248
For more financial information, click here
Official website here: www.feedandseedsc.com
What is the mission statement of Feed & Seed Inc?
Feed & Seed Inc, through its facilities, networks, and programs, strives to enhance the health and well-being of all citizens. This is achieved by expanding access to nutritious foods, fostering a more sustainable food system, and stimulating economic growth by harnessing the power of food, farms, and community. The organization's activities include the development of a user-friendly website and social media platforms for public communication and partnerships. They have also produced documents outlining their focus areas and advocacies in farm, food, and community development, highlighting environmental, economic, and social impacts. Feed & Seed Inc has established partnerships for institutional-scale use of locally produced farm produce and collaborated with advocacy organizations to create efficient feedback channels for consumer demand, market response, and mission measures. The organization has developed a USDA FSIS-handling facility for farm products and a DHEC-certified community kitchen, benefiting small farms and small-scale food businesses.
Official website here: www.feedandseedsc.com
Who is the CEO of Feed & Seed Inc?
Unavailable
Official website here: www.feedandseedsc.com
What is the revenue of Feed & Seed Inc?
Feed & Seed Inc's revenue in 2022 was $595,488.
Official website here: www.feedandseedsc.com
Who are the executives of Feed & Seed Inc and what are their salaries?
The average compensation at Feed & Seed Inc during 2022 was $12,135. There are 24 employees at Feed & Seed Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.feedandseedsc.com
Where can I find the form 990 for Feed & Seed Inc?
Feed & Seed Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.feedandseedsc.com
Learn more at the official website: www.feedandseedsc.com
Mission Statement of Feed & Seed Inc
Feed & Seed Inc, as a nonprofit organization, is committed to improving the health and well-being of all citizens. They achieve this goal by increasing access to healthy foods, building a more environmentally sustainable food system, and stimulating economic growth through the power of food, farms, and community. The organization strives to convey its action areas and advocacies in the primary focuses of farm, food, and community development, highlighting the environmental, economic, and social impacts. Feed & Seed Inc also develops partnerships and opens channels for institutional-scale use of locally produced farm produce. They work closely with other advocacy organizations to create efficient feedback and data channels for consumer demand, market response, and mission measures. Additionally, the organization has established a processing facility for the USDA FSIS handling of farm products and a DHEC-certified community kitchen, providing space for local food marketers in need of a commercial kitchen. These facilities significantly benefit small farms and small-scale food businesses.
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Impact
July, 2024
Feed & Seed Inc's impact is significant in improving the health and well-being of all citizens by increasing access to healthy foods, building a more environmentally sustainable food system, and stimulating economic growth by harnessing the power of food, farms, and community. Their activities and tangible works, such as developing a website and social media for communication, creating documents conveying action areas and advocacies, establishing partnerships for institutional-scale use of locally produced farm produce, and operating a processing facility and community kitchen, have been game-changers for small farms and small-scale food businesses in Greenville, SC. Their efforts have not only impacted the local community positively but also promoted efficient feedback channels for consumer demand, market response, and mission measures.
This information is meant to be a general summary of Feed & Seed 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 2022.
- Investment Income: $43
- Program Service Revenue: $240,298
- Gross Receipts: $853,084
Assets and Liabilities:
- Total Assets: $2,604,756
- Total Liabilities: $1,747,305
- Net Assets: $857,451
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MARKET REVENUE
Revenue
$240,298
Organization Details
Founding Year
2016
Main Address
PO BOX 3005, GREENVILLE, SC, 29602
Website
www.feedandseedsc.comNTEE Category
Code: B60 - Education
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