Seeds Of Substance
EIN: 800587884 · Mesquite, TX · NTEE: P30
| Metric | Value |
|---|---|
| Total Revenue | $1.5M |
| Total Expenses | $2.0M |
| Net Assets | $2.7M |
Is Seeds Of Substance 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 Substance
Seeds Of Substance (EIN: 800587884) is a nonprofit organization based in Mesquite, TX, classified under NTEE code P30. The organization reported total revenue of $1.5M and total assets of $3.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Seeds Of Substance's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Seeds Of Substance is a mid-size nonprofit that has been operating for 5 years, with 8 years of IRS 990 filings on record (2014–2022). Revenue has grown at a compound annual rate of 39.6%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $2.0M |
| Surplus / Deficit | $-427,616 |
| Total Assets | $3.2M |
| Total Liabilities | $480K |
| Net Assets | $2.7M |
| Operating Margin | -28.0% |
| Debt-to-Asset Ratio | 15.1% |
| Months of Reserves | 19.4 months |
Financial Health Grade: B
In 2022, Seeds Of Substance reported a deficit of $428K with expenses exceeding revenue, holds 19.4 months of operating reserves (strong position), has a debt-to-asset ratio of 15.1% (very low leverage).
Financial Trends
Over 8 years of filings (2014–2022), Seeds Of Substance's revenue has grown at a compound annual growth rate (CAGR) of 39.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -46.8% | +7.6% | -18.1% |
| 2021 | +208.0% | +114.2% | +2501.7% |
| 2019 | +3.6% | +12.9% | -24.3% |
| 2018 | +93.4% | +49.5% | +29.8% |
| 2017 | +35.3% | +58.8% | -15.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Seeds Of Substance 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 Substance 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 deficit of $428K, with expenses exceeding revenue.
- Debt-to-asset ratio: 15.1%.
Frequently Asked Questions about Seeds Of Substance
Is Seeds Of Substance a legitimate charity?
Based on AI analysis of IRS 990 filings, Seeds Of Substance (EIN: 800587884) insufficient data. 0 red flags identified, 0 strengths noted.
How does Seeds Of Substance spend its money?
Detailed spending breakdown data is not yet available for Seeds Of Substance. Check back for updated IRS 990 analysis.
Are donations to Seeds Of Substance tax-deductible?
Seeds Of Substance is registered as a tax-exempt nonprofit (EIN: 800587884). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Seeds Of Substance located?
Seeds Of Substance is headquartered in Mesquite, Texas and files with the IRS under EIN 800587884. It is classified under NTEE code P30.
How many years of IRS 990 filings does Seeds Of Substance have?
Seeds Of Substance has 8 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 $1.5M in total revenue.
Filing History
IRS 990 filing history for Seeds Of Substance showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2014–2022), Seeds Of Substance's revenue has grown by 1339.7%, moving from $106K to $1.5M. Total assets increased by 28293.3% over the same period, from $11K to $3.2M. Total functional expenses rose by 1958.1%, from $95K to $2.0M. In its most recent filing year (2022), Seeds Of Substance reported a deficit of $428K, with expenses exceeding revenue. The organization holds $480K in liabilities against $3.2M in assets (debt-to-asset ratio: 15.1%), resulting in net assets of $2.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $1.5M | $2.0M | $3.2M | $480K | — | View 990 |
| 2021 | $2.9M | $1.8M | $3.9M | $110K | — | View 990 |
| 2019 | $933K | $849K | $149K | $139K | — | View 990 |
| 2018 | $900K | $753K | $196K | $169K | — | — |
| 2017 | $465K | $503K | $151K | $73K | — | View 990 |
| 2016 | $344K | $317K | $179K | $63K | — | View 990 |
| 2015 | $331K | $242K | $89K | $0 | — | View 990 |
| 2014 | $106K | $95K | $11K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $1.5M, expenses of $2.0M, and assets of $3.2M (revenue -46.8% year-over-year).
- 2021: Revenue of $2.9M, expenses of $1.8M, and assets of $3.9M (revenue +208.0% year-over-year).
- 2019: Revenue of $933K, expenses of $849K, and assets of $149K (revenue +3.6% year-over-year).
- 2018: Revenue of $900K, expenses of $753K, and assets of $196K (revenue +93.4% year-over-year).
- 2017: Revenue of $465K, expenses of $503K, and assets of $151K (revenue +35.3% year-over-year).
- 2016: Revenue of $344K, expenses of $317K, and assets of $179K (revenue +4.1% year-over-year).
- 2015: Revenue of $331K, expenses of $242K, and assets of $89K (revenue +211.3% year-over-year).
- 2014: Revenue of $106K, expenses of $95K, and assets of $11K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Seeds Of Substance:
Data Sources and Methodology
This transparency report for Seeds Of Substance 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.