Overview
What is The Seed Foundation?
The Seed Foundation is a national nonprofit organization, headquartered in Washington, D.C., specifically at 1730 Rhode Island Ave NW 713. Their primary mission is to collaborate with urban communities to offer innovative educational opportunities that empower underserved students, ultimately preparing them for academic success beyond college. In addition to managing the growth of The Seed School of Miami, The Seed Foundation is actively exploring other prospects for expansion. The organization currently employs a team of 32 individuals dedicated to realizing its mission.
Official website here: www.seedfoundation.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Stars)
The Seed Foundation has received a commendable Four-Star rating from Charity Navigator, indicating that it operates with a high level of accountability and financial health. The organization boasts an impressive Accountability & Finance Score of 97, showcasing robust governance practices such as a well-composed independent board and effective oversight in financial operations. Its strong program expense ratio of 87.14% demonstrates a commitment to efficiently utilizing funds for its mission.
While the organization excels in financial management, the Culture & Community Score stands at 77, suggesting there may be areas for improvement in fostering a strong internal culture and community engagement. Nonetheless, the foundation has implemented key policies like conflict of interest and whistleblower protections, which signal a solid commitment to ethical practices and transparency.
Overall, The Seed Foundation's performance highlights its dedication to responsible governance and effective use of resources. Its proactive measures in operational integrity paired with high program spending make it a reliable choice for potential donors seeking impactful charitable investments.
This AI summary has been generated from information found on Charity Navigator.
Is The Seed Foundation legitimate?
The Seed Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Seed Foundation 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: $796,343
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,732,766
For more financial information, click here
Official website here: www.seedfoundation.com
What is the mission statement of The Seed Foundation?
The Seed Foundation, as a national nonprofit organization, collaborates with urban communities to offer innovative educational opportunities. Its primary goal is to prepare underserved students, enabling them to excel in higher education and beyond. The foundation's mission is to provide educational resources that foster success, going beyond the traditional classroom setting. The Seed Foundation continues to manage the growth of The Seed School of Miami and explores additional opportunities to expand its impact.
Official website here: www.seedfoundation.com
Who is the CEO of The Seed Foundation?
Lesley Poole is the CEO of The Seed Foundation The CEO's salary of The Seed Foundation is $294,635 and their total compensation is $323,102.
Official website here: www.seedfoundation.com
What is the revenue of The Seed Foundation?
The Seed Foundation's revenue in 2023 was $7,765,782.
Official website here: www.seedfoundation.com
Who are the executives of The Seed Foundation and what are their salaries?
The average compensation at The Seed Foundation during 2023 was $81,584. There are 31 employees and 25 volunteers at The Seed Foundation.
Here are 25 key members and their salaries (The Seed Foundation's CEO's salary is $294,635 and their total compensation is $323,102):
- Compensation: $294,635
- Related: $0
- Other: $28,467
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- Other: $0
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- Compensation: $194,250
- Related: $0
- Other: $25,381
- Compensation: $199,697
- Related: $0
- Other: $23,950
- Compensation: $136,411
- Related: $0
- Other: $15,817
- Compensation: $133,073
- Related: $0
- Other: $39,994
- Compensation: $128,005
- Related: $0
- Other: $14,800
- Compensation: $104,872
- Related: $0
- Other: $16,634
Official website here: www.seedfoundation.com
Where can I find the form 990 for The Seed Foundation?
The Seed Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.seedfoundation.com
Learn more at the official website: www.seedfoundation.com
Mission Statement of The Seed Foundation
The Seed Foundation, as a national nonprofit organization, collaborates with urban communities to offer innovative educational opportunities. Its mission is centered around preparing underserved students for their future in higher education and beyond. By partnering with these urban communities, The Seed Foundation aims to provide educational resources that empower these students to succeed beyond college. The organization's work is focused on fostering an environment that prepares these students for the challenges they may face, ultimately setting them up for a successful and fulfilling future.
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Impact
July, 2024
The Seed Foundation partners with urban communities to provide innovative educational opportunities that prepare underserved students for success in college and beyond. Specifically, The Seed Foundation manages the growth of The SEED School of Miami and explores other opportunities to further its mission. Through its work, The Seed Foundation has had a significant impact on empowering students from underserved backgrounds to achieve academic success and pursue higher education opportunities.
This information is meant to be a general summary of The Seed Foundation. 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 2023.
- Investment Income: $39,991
- Program Service Revenue: $2,740,193
- Gross Receipts: $7,765,782
Assets and Liabilities:
- Total Assets: $9,505,991
- Total Liabilities: $1,465,119
- Net Assets: $8,040,872
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SCHOOL FEE
Revenue
$2,740,193
Organization Details
Founding Year
1997
Principal Officer
Lesley Poole
Website
www.seedfoundation.comNTEE Category
Code: B80 - Education
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