Seeds Of Life Inc
EIN: 680663500 · Indianapolis, IN · NTEE: P32
| Metric | Value |
|---|---|
| Total Revenue | $631K |
| Total Expenses | $543K |
| Net Assets | $73K |
Is Seeds Of Life Inc 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 Life Inc
Seeds Of Life Inc (EIN: 680663500) is a nonprofit organization based in Indianapolis, IN, classified under NTEE code P32. The organization reported total revenue of $631K and total assets of $126K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Seeds Of Life Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Seeds Of Life Inc is a small nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $597K |
| Total Expenses | $543K |
| Surplus / Deficit | +$53K |
| Total Assets | $84K |
| Total Liabilities | $11K |
| Net Assets | $73K |
| Operating Margin | 9.0% |
| Debt-to-Asset Ratio | 12.9% |
| Months of Reserves | 1.8 months |
Financial Health Grade: A
In 2023, Seeds Of Life Inc reported a surplus of $53K with revenue exceeding expenses, holds 1.8 months of operating reserves (limited), has a debt-to-asset ratio of 12.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Seeds Of Life Inc's revenue has declined at a compound annual growth rate (CAGR) of -3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +61.6% | +22.7% | +332.7% |
| 2022 | -35.8% | -28.1% | -79.2% |
| 2021 | -2.6% | -10.1% | -30.4% |
| 2020 | -21.7% | +4.3% | -41.4% |
| 2019 | -16.5% | -28.3% | +75.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Seeds Of Life 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 Seeds Of Life 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $53K, with revenue exceeding expenses.
- Debt-to-asset ratio: 12.9%.
Frequently Asked Questions about Seeds Of Life Inc
Is Seeds Of Life Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Seeds Of Life Inc (EIN: 680663500) insufficient data. 0 red flags identified, 0 strengths noted.
How does Seeds Of Life Inc spend its money?
Detailed spending breakdown data is not yet available for Seeds Of Life Inc. Check back for updated IRS 990 analysis.
Are donations to Seeds Of Life Inc tax-deductible?
Seeds Of Life Inc is registered as a tax-exempt nonprofit (EIN: 680663500). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Seeds Of Life Inc located?
Seeds Of Life Inc is headquartered in Indianapolis, Indiana and files with the IRS under EIN 680663500. It is classified under NTEE code P32.
How many years of IRS 990 filings does Seeds Of Life Inc have?
Seeds Of Life Inc has 13 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 $631K in total revenue.
Filing History
IRS 990 filing history for Seeds Of Life Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Seeds Of Life Inc's revenue has declined by 34.6%, moving from $912K to $597K. Total assets increased by 193.1% over the same period, from $29K to $84K. Total functional expenses fell by 41.7%, from $933K to $543K. In its most recent filing year (2023), Seeds Of Life Inc reported a surplus of $53K, with revenue exceeding expenses. The organization holds $11K in liabilities against $84K in assets (debt-to-asset ratio: 12.9%), resulting in net assets of $73K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $597K | $543K | $84K | $11K | — | — |
| 2022 | $369K | $443K | $19K | $0 | — | View 990 |
| 2021 | $575K | $615K | $93K | $0 | — | View 990 |
| 2020 | $590K | $684K | $133K | $0 | — | — |
| 2019 | $754K | $656K | $227K | $0 | — | View 990 |
| 2018 | $902K | $914K | $130K | $0 | — | View 990 |
| 2017 | $896K | $984K | $142K | $0 | — | — |
| 2016 | $864K | $1.0M | $229K | $0 | — | View 990 |
| 2015 | $2.1M | $2.4M | $413K | $46 | — | View 990 |
| 2014 | $3.1M | $2.7M | $784K | $0 | — | View 990 |
| 2013 | $2.6M | $2.2M | $381K | $0 | — | View 990 |
| 2012 | $1.2M | $1.2M | $64K | $0 | — | View 990 |
| 2011 | $912K | $933K | $29K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $597K, expenses of $543K, and assets of $84K (revenue +61.6% year-over-year).
- 2022: Revenue of $369K, expenses of $443K, and assets of $19K (revenue -35.8% year-over-year).
- 2021: Revenue of $575K, expenses of $615K, and assets of $93K (revenue -2.6% year-over-year).
- 2020: Revenue of $590K, expenses of $684K, and assets of $133K (revenue -21.7% year-over-year).
- 2019: Revenue of $754K, expenses of $656K, and assets of $227K (revenue -16.5% year-over-year).
- 2018: Revenue of $902K, expenses of $914K, and assets of $130K (revenue +0.6% year-over-year).
- 2017: Revenue of $896K, expenses of $984K, and assets of $142K (revenue +3.7% year-over-year).
- 2016: Revenue of $864K, expenses of $1.0M, and assets of $229K (revenue -58.4% year-over-year).
- 2015: Revenue of $2.1M, expenses of $2.4M, and assets of $413K (revenue -33.8% year-over-year).
- 2014: Revenue of $3.1M, expenses of $2.7M, and assets of $784K (revenue +22.8% year-over-year).
- 2013: Revenue of $2.6M, expenses of $2.2M, and assets of $381K (revenue +112.8% year-over-year).
- 2012: Revenue of $1.2M, expenses of $1.2M, and assets of $64K (revenue +31.4% year-over-year).
- 2011: Revenue of $912K, expenses of $933K, and assets of $29K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Seeds Of Life Inc:
Data Sources and Methodology
This transparency report for Seeds Of Life 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.