Seeds Of Hope Neighborhood Center
EIN: 300693703 · Biddeford, ME · NTEE: X99
| Metric | Value |
|---|---|
| Total Revenue | $1.0M |
| Total Expenses | $398K |
| Net Assets | $811K |
Is Seeds Of Hope Neighborhood Center Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Seeds Of Hope Neighborhood Center
Seeds Of Hope Neighborhood Center (EIN: 300693703) is a nonprofit organization based in Biddeford, ME, classified under NTEE code X99. The organization reported total revenue of $1.0M and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Seeds Of Hope Neighborhood Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Seeds Of Hope Neighborhood Center is a mid-size nonprofit that has been operating for 11 years, with 11 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $338K |
| Total Expenses | $398K |
| Surplus / Deficit | $-59,393 |
| Total Assets | $811K |
| Net Assets | $811K |
| Operating Margin | -17.6% |
| Months of Reserves | 24.5 months |
Financial Health Grade: B
In 2023, Seeds Of Hope Neighborhood Center reported a deficit of $59K with expenses exceeding revenue, holds 24.5 months of operating reserves (strong position).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.1% | +11.8% | -6.8% |
| 2022 | -11.5% | +16.9% | +269.2% |
| 2021 | +26.3% | +6.2% | +53.6% |
| 2020 | +12.9% | +4.6% | +10.9% |
| 2019 | +12.3% | +37.5% | -1.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Seeds Of Hope Neighborhood Center 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 Seeds Of Hope Neighborhood Center 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 deficit of $59K, with expenses exceeding revenue.
Frequently Asked Questions about Seeds Of Hope Neighborhood Center
Is Seeds Of Hope Neighborhood Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Seeds Of Hope Neighborhood Center (EIN: 300693703) insufficient data. 0 red flags identified, 0 strengths noted.
How does Seeds Of Hope Neighborhood Center spend its money?
Detailed spending breakdown data is not yet available for Seeds Of Hope Neighborhood Center. Check back for updated IRS 990 analysis.
Are donations to Seeds Of Hope Neighborhood Center tax-deductible?
Seeds Of Hope Neighborhood Center is registered as a tax-exempt nonprofit (EIN: 300693703). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Seeds Of Hope Neighborhood Center located?
Seeds Of Hope Neighborhood Center is headquartered in Biddeford, Maine and files with the IRS under EIN 300693703. It is classified under NTEE code X99.
How many years of IRS 990 filings does Seeds Of Hope Neighborhood Center have?
Seeds Of Hope Neighborhood Center 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 $1.0M in total revenue.
Filing History
IRS 990 filing history for Seeds Of Hope Neighborhood Center showing financial trends over 11 years of public records:
Total assets increased by 81058400% over the same period, from $1 to $811K. In its most recent filing year (2023), Seeds Of Hope Neighborhood Center reported a deficit of $59K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $338K | $398K | $811K | $0 | — | — |
| 2022 | $342K | $356K | $870K | $0 | — | View 990 |
| 2021 | $386K | $304K | $236K | $0 | — | View 990 |
| 2020 | $306K | $286K | $153K | $0 | — | — |
| 2019 | $271K | $274K | $138K | $0 | — | View 990 |
| 2018 | $241K | $199K | $141K | $0 | — | View 990 |
| 2017 | $197K | $168K | $99K | $0 | — | View 990 |
| 2016 | $145K | $153K | $70K | $0 | — | View 990 |
| 2015 | $194K | $151K | $77K | $0 | — | View 990 |
| 2014 | $117K | $104K | $34K | $0 | — | View 990 |
| 2011 | $0 | $0 | $1 | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $338K, expenses of $398K, and assets of $811K (revenue -1.1% year-over-year).
- 2022: Revenue of $342K, expenses of $356K, and assets of $870K (revenue -11.5% year-over-year).
- 2021: Revenue of $386K, expenses of $304K, and assets of $236K (revenue +26.3% year-over-year).
- 2020: Revenue of $306K, expenses of $286K, and assets of $153K (revenue +12.9% year-over-year).
- 2019: Revenue of $271K, expenses of $274K, and assets of $138K (revenue +12.3% year-over-year).
- 2018: Revenue of $241K, expenses of $199K, and assets of $141K (revenue +22.4% year-over-year).
- 2017: Revenue of $197K, expenses of $168K, and assets of $99K (revenue +35.5% year-over-year).
- 2016: Revenue of $145K, expenses of $153K, and assets of $70K (revenue -25.1% year-over-year).
- 2015: Revenue of $194K, expenses of $151K, and assets of $77K (revenue +65.7% year-over-year).
- 2014: Revenue of $117K, expenses of $104K, and assets of $34K.
- 2011: Revenue of $0, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Seeds Of Hope Neighborhood Center:
Data Sources and Methodology
This transparency report for Seeds Of Hope Neighborhood Center 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.