Seed In The Soil Inc
EIN: 460469028 · Winston Salem, NC · NTEE: B99
| Metric | Value |
|---|---|
| Total Revenue | $420K |
| Total Expenses | $359K |
| Net Assets | $427K |
Is Seed In The Soil Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Seed In The Soil Inc
Seed In The Soil Inc (EIN: 460469028) is a nonprofit organization based in Winston Salem, NC, classified under NTEE code B99. The organization reported total revenue of $420K and total assets of $5.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Seed In The Soil Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Seed In The Soil Inc is a small nonprofit that has been operating for 14 years, with 11 years of IRS 990 filings on record (2012–2022).
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $420K |
| Total Expenses | $359K |
| Surplus / Deficit | +$61K |
| Total Assets | $5.3M |
| Total Liabilities | $4.9M |
| Net Assets | $427K |
| Operating Margin | 14.6% |
| Debt-to-Asset Ratio | 91.9% |
| Months of Reserves | 176.6 months |
Financial Health Grade: A
In 2022, Seed In The Soil Inc reported a surplus of $61K with revenue exceeding expenses, holds 176.6 months of operating reserves (strong position), has a debt-to-asset ratio of 91.9% (high leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +16.7% | +4.1% | -1.1% |
| 2021 | +20.0% | -6.1% | -1.7% |
| 2020 | -6.0% | -8.8% | -5.8% |
| 2019 | -12.6% | +78.5% | +72.4% |
| 2018 | +17.8% | -12.2% | +0.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Seed In The Soil Inc 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 In The Soil Inc 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $61K, with revenue exceeding expenses.
- Debt-to-asset ratio: 91.9%.
Frequently Asked Questions about Seed In The Soil Inc
Is Seed In The Soil Inc a legitimate charity?
Seed In The Soil Inc (EIN: 460469028) is a registered tax-exempt nonprofit based in North Carolina. It has 11 years of IRS 990 filings on record. Total revenue: $420K. No red flags identified. Financial health grade: A.
How does Seed In The Soil Inc spend its money?
Seed In The Soil Inc reported $420K in total revenue in IRS 990 filings. 11 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Seed In The Soil Inc tax-deductible?
Seed In The Soil Inc is registered as a tax-exempt nonprofit (EIN: 460469028). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Seed In The Soil Inc located?
Seed In The Soil Inc is headquartered in Winston Salem, North Carolina and files with the IRS under EIN 460469028. It is classified under NTEE code B99.
How many years of IRS 990 filings does Seed In The Soil Inc have?
Seed In The Soil Inc has 11 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 $420K in total revenue.
Filing History
IRS 990 filing history for Seed In The Soil Inc showing financial trends over 11 years of public records:
Total assets increased by 20219.9% over the same period, from $26K to $5.3M. Total functional expenses rose by 2384.7%, from $14K to $359K. In its most recent filing year (2022), Seed In The Soil Inc reported a surplus of $61K, with revenue exceeding expenses. The organization holds $4.9M in liabilities against $5.3M in assets (debt-to-asset ratio: 91.9%), resulting in net assets of $427K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $420K | $359K | $5.3M | $4.9M | — | View 990 |
| 2021 | $360K | $345K | $5.3M | $5.0M | — | View 990 |
| 2020 | $300K | $367K | $5.4M | $5.1M | — | — |
| 2019 | $319K | $402K | $5.8M | $5.3M | — | View 990 |
| 2018 | $365K | $225K | $3.3M | $2.8M | — | View 990 |
| 2017 | $310K | $257K | $3.3M | $3.0M | — | View 990 |
| 2016 | $330K | $240K | $3.3M | $3.0M | — | View 990 |
| 2015 | $250K | $261K | $3.4M | $3.1M | — | View 990 |
| 2014 | $115K | $70K | $3.5M | $3.3M | — | View 990 |
| 2013 | $175K | $9K | $2.8M | $2.7M | — | — |
| 2012 | $0 | $14K | $26K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $420K, expenses of $359K, and assets of $5.3M (revenue +16.7% year-over-year).
- 2021: Revenue of $360K, expenses of $345K, and assets of $5.3M (revenue +20.0% year-over-year).
- 2020: Revenue of $300K, expenses of $367K, and assets of $5.4M (revenue -6.0% year-over-year).
- 2019: Revenue of $319K, expenses of $402K, and assets of $5.8M (revenue -12.6% year-over-year).
- 2018: Revenue of $365K, expenses of $225K, and assets of $3.3M (revenue +17.8% year-over-year).
- 2017: Revenue of $310K, expenses of $257K, and assets of $3.3M (revenue -6.1% year-over-year).
- 2016: Revenue of $330K, expenses of $240K, and assets of $3.3M (revenue +32.0% year-over-year).
- 2015: Revenue of $250K, expenses of $261K, and assets of $3.4M (revenue +118.3% year-over-year).
- 2014: Revenue of $115K, expenses of $70K, and assets of $3.5M (revenue -34.7% year-over-year).
- 2013: Revenue of $175K, expenses of $9K, and assets of $2.8M.
- 2012: Revenue of $0, expenses of $14K, and assets of $26K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Seed In The Soil Inc:
Data Sources and Methodology
This transparency report for Seed In The Soil 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.