Overview
What is Suprseed Inc?
Suprseed Inc, based in Los Angeles, California, is a nonprofit organization with a mission to combat health injustice and food deserts in major American cities by 2040. They have established over 2000 square feet of healthy retail space in a food desert area, aiming to provide affordable and nutritious food options for low-income communities. As a vegan organization, they do not promote or sell animal products such as meat, dairy, or eggs. Besides retail space, Suprseed Inc organizes events and experiences, educates the public about healthy eating habits and wellness practices, and administers programs, giveaways, and educational services to support and promote healthy living in these communities. The organization currently employs a team of two individuals.
Official website here: www.suprseed.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 55%, One-Star out of Four Star rating. Suprseed Inc has received a low score of 55%, indicating significant concerns in its accountability and financial management. While the organization excels in having a majority of independent board members and maintains a good structure for board meetings, it falls short in critical areas such as conflict of interest and whistleblower policies.
The organization's strengths lie in its governance structure, evidenced by a perfect score for independent board members and proper documentation of meeting minutes. However, the lack of essential policies like conflict of interest and whistleblower protections raises red flags about its commitment to transparency and ethical management. Additionally, the failure to post key documents on its website further detracts from its accountability.
Limitations are evident in the financial aspects, particularly with a low program expense ratio, suggesting that a smaller portion of its budget is directed toward mission-related activities. This combined with a poor score in material documentation maintenance indicates potential inefficiencies in resource allocation. Overall, Suprseed Inc faces significant challenges that need addressing to improve its credibility and effectiveness as a nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Suprseed Inc legitimate?
Suprseed Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Suprseed 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: $26,973
Professional Fundraising Fees: $0
Other Salaries and Wages: $148,801
For more financial information, click here
Official website here: www.suprseed.org
What is the mission statement of Suprseed Inc?
Suprseed Inc's mission is centered around eradicating health injustice and addressing food deserts in major urban areas of America by the year 2040. The organization aims to provide affordable access to nutritious food in low-income communities, thereby promoting personal health and well-being. They achieve this through a variety of initiatives, including events, experiences, and educational services. As a vegan organization, Suprseed Inc does not promote or offer animal products like meat, dairy, or eggs. Their mission also includes educating the public about the importance of healthy eating habits and wellness practices.
Official website here: www.suprseed.org
Who is the CEO of Suprseed Inc?
Olympia Auset is the Pres./Exec. Dir of Suprseed Inc.
Official website here: www.suprseed.org
What is the revenue of Suprseed Inc?
Suprseed Inc's revenue in 2022 was $582,833.
Official website here: www.suprseed.org
Who are the executives of Suprseed Inc and what are their salaries?
The average compensation at Suprseed Inc during 2022 was $87,887. There are 2 employees and 22 volunteers at Suprseed Inc.
Here are 4 key members and their salaries:
- Compensation: $26,273
- Related: $0
- Other: $0
- Compensation: $700
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.suprseed.org
Where can I find the form 990 for Suprseed Inc?
Suprseed Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.suprseed.org
Learn more at the official website: www.suprseed.org
Mission Statement of Suprseed Inc
Suprseed Inc, a vegan organization, is on a mission to eliminate health disparities and food deserts in major urban areas of the United States by 2040. The nonprofit aims to provide affordable access to nutritious food in underprivileged communities, thereby promoting a heightened sense of personal health and well-being. Suprseed Inc accomplishes this through a variety of initiatives, including events, experiences, and educational services. By focusing on healthy eating habits and wellness practices, this organization aspires to eradicate the issue of food deserts and improve overall health in these communities. It is important to note that Suprseed Inc does not advocate for or distribute animal products such as meat, dairy, or eggs.
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Impact
July, 2024
Suprseed Inc's impact includes the establishment of over 2000 square feet of new healthy retail space in a SouthCentral Food Desert in Los Angeles, California. This initiative aims to provide affordable access to healthy food in low-income communities, promote personal health and well-being, and educate the public about healthy eating habits and wellness practices. As a vegan organization, Suprseed Inc does not promote or provide animal products such as meat, dairy, and eggs. Through programs, giveaways, and educational services, Suprseed Inc actively supports and promotes healthy eating in underprivileged communities. Their overarching mission is to eradicate health injustice and food deserts in America's major cities by 2040.
This information is meant to be a general summary of Suprseed 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.
- Program Service Revenue: $1,738
- Gross Receipts: $582,833
Assets and Liabilities:
- Total Assets: $1,591,979
- Total Liabilities: $813,125
- Net Assets: $778,854
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Shopify Sales
Revenue
$1,738
Organization Details
Founding Year
2017
Phone
(424) 261-7877Principal Officer
Olympia Auset
Main Address
3526 W Slauson Avenue, Los Angeles, CA, 90043
Website
www.suprseed.orgNTEE Category
Code: K40 - Food
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