Quick charity verification for Speed The Seed (EIN: 208943536)
Verdict: Speed The Seed has notable concerns
20/100Mission Score
$0Revenue
$0Assets
3Red Flags
2Strengths
Red Flags
Latest revenue and assets are $0, indicating the organization is defunct.
Consistent deficit spending in most active years (e.g., 2015 expenses $215,419 vs. revenue $166,721).
Unknown NTEE code, making it difficult to assess programmatic focus.
Strengths
Reported 0% officer compensation across all filings, indicating no executive salaries were paid.
Consistently reported $0 in liabilities, suggesting good debt management during its active period.
Spending Breakdown
How Speed The Seed allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
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 Speed The Seed
Is Speed The Seed a legitimate charity?
Based on AI analysis of IRS 990 filings, Speed The Seed (EIN: 208943536) has notable concerns. Mission Score: 20/100. 3 red flags identified, 2 strengths noted.
Is Speed The Seed a good charity to donate to?
Speed The Seed has a Mission Score of 20/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Speed The Seed?
The Employer Identification Number (EIN) for Speed The Seed is 208943536. 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 Speed The Seed spend its money?
Speed The Seed allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Speed The Seed's tax-exempt status?
You can verify Speed The Seed's tax-exempt status using EIN 208943536 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
Speed The Seed appears to be a defunct organization, as its latest reported revenue and assets are both $0. The organization consistently spent more than it brought in during its active years, with expenses exceeding revenue in all but two of the five reported periods. For example, in 2015, expenses were $215,419 against revenues of $166,721, indicating a deficit. While the organization reported zero officer compensation across all filings, which is a positive for resource allocation, the overall financial trend of spending down assets and eventual cessation of operations suggests significant financial instability. The lack of current financial activity and an unknown NTEE code also hinder a full assessment of its past programmatic focus and current transparency.