Is Seeding Labs A Non Profit Corporation…

Quick charity verification for Seeding Labs A Non Profit Corporation (EIN: 108267613)

Red Flags

Expenses exceeded revenue in the latest filing period (202312), indicating a potential operating deficit.
Significant year-over-year revenue volatility (e.g., $5.7M in 2022 to $2.8M in 2023) could suggest reliance on unpredictable funding sources.
Consistent 0% officer compensation is unusual for an organization of this scale and warrants further scrutiny to understand how leadership is compensated or if it's truly volunteer-led at the executive level.

Spending Breakdown

How Seeding Labs A Non Profit Corporation allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

10%

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Seeding Labs A Non Profit Corporation

Is Seeding Labs A Non Profit Corporation a legitimate charity?

Based on AI analysis of IRS 990 filings, Seeding Labs A Non Profit Corporation (EIN: 108267613) appears trustworthy. Mission Score: 85/100. 3 red flags identified, 4 strengths noted.

Is Seeding Labs A Non Profit Corporation a good charity to donate to?

Seeding Labs A Non Profit Corporation has a Mission Score of 85/100. Revenue: $3.5M. Assets: $5.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Seeding Labs A Non Profit Corporation?

The Employer Identification Number (EIN) for Seeding Labs A Non Profit Corporation is 108267613. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Seeding Labs A Non Profit Corporation spend its money?

Seeding Labs A Non Profit Corporation allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Seeding Labs A Non Profit Corporation's tax-exempt status?

You can verify Seeding Labs A Non Profit Corporation's tax-exempt status using EIN 108267613 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

Seeding Labs A Non Profit Corporation demonstrates generally sound financial health, though recent trends show expenses exceeding revenue in the latest filing period (202312), with expenses of $3,032,062 against revenue of $2,853,182. This contrasts with the prior period (202212) where revenue significantly outpaced expenses ($5,710,275 vs. $2,615,207). The organization has shown consistent asset growth over the past decade, increasing from $1,175,582 in 2014 to $5,705,305 in 2023, indicating effective asset management and accumulation. Liabilities have remained relatively low and stable, suggesting good financial control.

The organization's spending efficiency appears strong, particularly given the consistent 'Officer Comp=0%' across all reported filings, which is a significant positive indicator of resource allocation towards its mission rather than executive salaries. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the absence of officer compensation suggests a lean operational structure. The fluctuation in revenue and expenses year-over-year, such as the large revenue spike in 2022, warrants further investigation into funding sources and operational scaling.

Transparency is excellent regarding executive compensation, as no officer compensation is reported. The consistent filing of IRS 990s over 13 periods further enhances transparency, allowing for a clear historical view of financial operations. The organization's ability to maintain low liabilities while growing assets also speaks to responsible financial stewardship. However, without a detailed functional expense breakdown, a complete assessment of spending efficiency across program, admin, and fundraising categories is limited.

Is Seeding Labs A Non Profit Corporation Legit?

Verdict: Seeding Labs A Non Profit Corporation appears trustworthy