Apple Seeds Inc
Apple Seeds Inc. shows consistent revenue and asset growth with no reported officer compensation.
EIN: 208081842 · Fayetteville, AR · NTEE: O20 · Updated: 2026-03-28
Is Apple Seeds Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Apple Seeds Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Apple Seeds Inc
Apple Seeds Inc (EIN: 208081842) is a nonprofit organization based in Fayetteville, AR, classified under NTEE code O20. The organization reported total revenue of $1.2M and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Apple Seeds Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Apple Seeds Inc is a mid-size nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 28.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $921K |
| Total Expenses | $667K |
| Surplus / Deficit | +$254K |
| Total Assets | $1.3M |
| Total Liabilities | $175K |
| Net Assets | $1.1M |
| Operating Margin | 27.6% |
| Debt-to-Asset Ratio | 13.5% |
| Months of Reserves | 23.2 months |
Financial Health Grade: A
In 2023, Apple Seeds Inc reported a surplus of $254K with revenue exceeding expenses, holds 23.2 months of operating reserves (strong position), has a debt-to-asset ratio of 13.5% (very low leverage).
Financial Trends
Over 10 years of filings (2014–2023), Apple Seeds Inc's revenue has grown at a compound annual growth rate (CAGR) of 28.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +75.7% | +34.1% | +25.3% |
| 2022 | -18.2% | +28.7% | +7.2% |
| 2021 | +50.8% | +13.2% | +26.2% |
| 2020 | -10.8% | -8.0% | +18.4% |
| 2019 | -30.2% | -7.1% | +18.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Apple Seeds Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Apple Seeds Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $254K, with revenue exceeding expenses.
- Debt-to-asset ratio: 13.5%.
Executive Compensation Analysis
Apple Seeds Inc. has consistently reported 0% officer compensation across all ten available IRS 990 filings, indicating a strong commitment to directing all funds towards its programmatic activities rather than executive salaries, which is highly commendable for an organization of its growing size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Apple Seeds Inc:
- Consistent and significant revenue growth (from $96,229 in 2014 to $920,950 in 2023).
- Strong asset accumulation and financial health (assets grew from $44,068 to $1,291,773).
- Exceptional transparency with 0% reported officer compensation across all filings.
- Efficient spending, with expenses consistently lower than revenue.
- Healthy financial reserves, indicated by growing assets and controlled liabilities.
Frequently Asked Questions about Apple Seeds Inc
Is Apple Seeds Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Apple Seeds Inc (EIN: 208081842) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Apple Seeds Inc spend its money?
Apple Seeds Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Apple Seeds Inc tax-deductible?
Apple Seeds Inc is registered as a tax-exempt nonprofit (EIN: 208081842). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Apple Seeds Inc. a good charity?
Based on its financial data, Apple Seeds Inc. appears to be a very good charity. It demonstrates strong financial growth, efficient spending (expenses consistently lower than revenue), and exceptional transparency by reporting no officer compensation across all filings.
How has Apple Seeds Inc.'s revenue grown over time?
Apple Seeds Inc. has experienced substantial revenue growth, increasing from $96,229 in 2014 to $920,950 in 2023, representing nearly a tenfold increase over a decade.
What is the trend in Apple Seeds Inc.'s assets?
The organization's assets have shown consistent and significant growth, rising from $44,068 in 2014 to $1,291,773 in 2023, indicating strong financial management and accumulation of resources.
Does Apple Seeds Inc. pay its officers?
No, Apple Seeds Inc. has reported 0% officer compensation in all available IRS 990 filings from 2014 to 2023, indicating that no salaries were paid to its officers during these periods.
How does Apple Seeds Inc. manage its expenses relative to its revenue?
Apple Seeds Inc. consistently manages its expenses below its revenue. For example, in 2023, expenses were $666,817 against revenues of $920,950, demonstrating fiscal prudence and contributing to asset growth.
Filing History
IRS 990 filing history for Apple Seeds Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Apple Seeds Inc's revenue has grown by 857%, moving from $96K to $921K. Total assets increased by 2831.3% over the same period, from $44K to $1.3M. Total functional expenses rose by 769.3%, from $77K to $667K. In its most recent filing year (2023), Apple Seeds Inc reported a surplus of $254K, with revenue exceeding expenses. The organization holds $175K in liabilities against $1.3M in assets (debt-to-asset ratio: 13.5%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $921K | $667K | $1.3M | $175K | — | View 990 |
| 2022 | $524K | $497K | $1.0M | $168K | — | View 990 |
| 2021 | $641K | $387K | $962K | $126K | — | View 990 |
| 2020 | $425K | $341K | $762K | $180K | — | View 990 |
| 2019 | $476K | $371K | $644K | $145K | — | View 990 |
| 2018 | $683K | $399K | $542K | $148K | — | View 990 |
| 2017 | $323K | $307K | $111K | $0 | — | View 990 |
| 2016 | $203K | $184K | $94K | $0 | — | View 990 |
| 2015 | $203K | $172K | $75K | $0 | — | View 990 |
| 2014 | $96K | $77K | $44K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $921K, expenses of $667K, and assets of $1.3M (revenue +75.7% year-over-year).
- 2022: Revenue of $524K, expenses of $497K, and assets of $1.0M (revenue -18.2% year-over-year).
- 2021: Revenue of $641K, expenses of $387K, and assets of $962K (revenue +50.8% year-over-year).
- 2020: Revenue of $425K, expenses of $341K, and assets of $762K (revenue -10.8% year-over-year).
- 2019: Revenue of $476K, expenses of $371K, and assets of $644K (revenue -30.2% year-over-year).
- 2018: Revenue of $683K, expenses of $399K, and assets of $542K (revenue +111.4% year-over-year).
- 2017: Revenue of $323K, expenses of $307K, and assets of $111K (revenue +58.7% year-over-year).
- 2016: Revenue of $203K, expenses of $184K, and assets of $94K (revenue +0.0% year-over-year).
- 2015: Revenue of $203K, expenses of $172K, and assets of $75K (revenue +111.4% year-over-year).
- 2014: Revenue of $96K, expenses of $77K, and assets of $44K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Apple Seeds Inc:
Data Sources and Methodology
This transparency report for Apple Seeds Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.