Seed Corn Foundation Tr
EIN: 516508160 · Wilmington, DE · NTEE: T20Z
| Metric | Value |
|---|---|
| Total Revenue | $30K |
| Total Expenses | $15K |
| Net Assets | $225K |
Is Seed Corn Foundation Tr Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Seed Corn Foundation Tr
Seed Corn Foundation Tr (EIN: 516508160) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T20Z. The organization reported total revenue of $30K and total assets of $235K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Seed Corn Foundation Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Seed Corn Foundation Tr is a micro nonprofit that has been operating for 28 years, with 10 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $142K |
| Total Expenses | $15K |
| Surplus / Deficit | +$126K |
| Total Assets | $225K |
| Total Liabilities | $1 |
| Net Assets | $225K |
| Operating Margin | 89.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 174.4 months |
Financial Health Grade: A
In 2023, Seed Corn Foundation Tr reported a surplus of $126K with revenue exceeding expenses, holds 174.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1701.8% | -24.5% | +127.8% |
| 2021 | -135.7% | +6.1% | -14.2% |
| 2020 | +1.0% | +24.3% | +0.8% |
| 2019 | +424.4% | -0.6% | +83.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Seed Corn Foundation Tr has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Seed Corn Foundation Tr with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $126K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Seed Corn Foundation Tr
Is Seed Corn Foundation Tr a legitimate charity?
Seed Corn Foundation Tr (EIN: 516508160) is a registered tax-exempt nonprofit based in Delaware. It has 10 years of IRS 990 filings on record. Total revenue: $30K. No red flags identified. Financial health grade: A.
How does Seed Corn Foundation Tr spend its money?
Seed Corn Foundation Tr reported $30K in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Seed Corn Foundation Tr tax-deductible?
Seed Corn Foundation Tr is registered as a tax-exempt nonprofit (EIN: 516508160). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Seed Corn Foundation Tr located?
Seed Corn Foundation Tr is headquartered in Wilmington, Delaware and files with the IRS under EIN 516508160. It is classified under NTEE code T20Z.
How many years of IRS 990 filings does Seed Corn Foundation Tr have?
Seed Corn Foundation Tr has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $30K in total revenue.
Filing History
IRS 990 filing history for Seed Corn Foundation Tr showing financial trends over 10 years of public records:
Total assets increased by 135.3% over the same period, from $95K to $225K. Total functional expenses rose by 131%, from $7K to $15K. In its most recent filing year (2023), Seed Corn Foundation Tr reported a surplus of $126K, with revenue exceeding expenses. The organization holds $1 in liabilities against $225K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $225K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $142K | $15K | $225K | $1 | — | View 990 |
| 2022 | $8K | $20K | $99K | $1 | — | View 990 |
| 2021 | $-4,939 | $14K | $111K | $1 | — | — |
| 2020 | $14K | $13K | $130K | $1 | — | — |
| 2019 | $14K | $10K | $129K | $1 | — | View 990 |
| 2015 | $3K | $10K | $70K | $0 | — | View 990 |
| 2014 | $2K | $10K | $78K | $0 | — | View 990 |
| 2013 | $2K | $9K | $90K | $5K | — | View 990 |
| 2012 | $4K | $7K | $93K | $0 | — | View 990 |
| 2011 | $-18,428 | $7K | $95K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $142K, expenses of $15K, and assets of $225K (revenue +1701.8% year-over-year).
- 2022: Revenue of $8K, expenses of $20K, and assets of $99K.
- 2021: Revenue of $-4,939, expenses of $14K, and assets of $111K (revenue -135.7% year-over-year).
- 2020: Revenue of $14K, expenses of $13K, and assets of $130K (revenue +1.0% year-over-year).
- 2019: Revenue of $14K, expenses of $10K, and assets of $129K (revenue +424.4% year-over-year).
- 2015: Revenue of $3K, expenses of $10K, and assets of $70K (revenue +7.9% year-over-year).
- 2014: Revenue of $2K, expenses of $10K, and assets of $78K (revenue +8.9% year-over-year).
- 2013: Revenue of $2K, expenses of $9K, and assets of $90K (revenue -49.5% year-over-year).
- 2012: Revenue of $4K, expenses of $7K, and assets of $93K.
- 2011: Revenue of $-18,428, expenses of $7K, and assets of $95K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Seed Corn Foundation Tr:
Data Sources and Methodology
This transparency report for Seed Corn Foundation Tr 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.