Speed The Seed
Speed The Seed ceased operations after years of deficit spending, reporting $0 in latest revenue and assets.
EIN: 208943536 · Bartlesville, OK · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $215K |
| Program Spending | 75% |
| Net Assets | $80K |
| Transparency Score | 20/100 |
Is Speed The Seed Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Speed The Seed directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Speed The Seed
Speed The Seed (EIN: 208943536) is a nonprofit organization based in Bartlesville, OK. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Speed The Seed's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Speed The Seed is a small nonprofit, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of -4.1%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $167K |
| Total Expenses | $215K |
| Surplus / Deficit | $-48,698 |
| Total Assets | $80K |
| Net Assets | $80K |
| Operating Margin | -29.2% |
| Months of Reserves | 4.5 months |
Financial Health Grade: B
In 2015, Speed The Seed reported a deficit of $49K with expenses exceeding revenue, holds 4.5 months of operating reserves (adequate).
Financial Trends
Over 5 years of filings (2011–2015), Speed The Seed's revenue has declined at a compound annual growth rate (CAGR) of -4.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | +10.6% | +18.4% | -37.7% |
| 2014 | +14.6% | +30.1% | -19.5% |
| 2013 | -22.0% | -10.6% | -4.9% |
| 2012 | -14.5% | -7.1% | +7.7% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Speed The Seed with a Mission Score of 20 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Speed The Seed allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $49K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation was reported as 0% across all available filings, indicating that no officers received salaries from the organization, which is a positive for resource allocation to its mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Speed The Seed's IRS 990 filings:
- Latest revenue and assets are $0, indicating the organization is defunct.
- Consistent deficit spending in most active years (e.g., 2015 expenses $215,419 vs. revenue $166,721).
- Unknown NTEE code, making it difficult to assess programmatic focus.
Strengths
The following positive indicators were identified for Speed The Seed:
- Reported 0% officer compensation across all filings, indicating no executive salaries were paid.
- Consistently reported $0 in liabilities, suggesting good debt management during its active period.
Frequently Asked Questions about Speed The Seed
Is Speed The Seed a legitimate charity?
Speed The Seed (EIN: 208943536) is a registered tax-exempt nonprofit based in Oklahoma. Our AI analysis gives it a Mission Score of 20/100. It has 5 years of IRS 990 filings on record. 3 red flags identified. 2 strengths noted. Financial health grade: B.
How does Speed The Seed spend its money?
Speed The Seed directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Speed The Seed tax-deductible?
Speed The Seed is registered as a tax-exempt nonprofit (EIN: 208943536). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Speed The Seed's spending goes to programs?
Speed The Seed directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Speed The Seed located?
Speed The Seed is headquartered in Bartlesville, Oklahoma and files with the IRS under EIN 208943536.
How many years of IRS 990 filings does Speed The Seed have?
Speed The Seed has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Is Speed The Seed a good charity?
Based on the latest IRS 990 data showing $0 in revenue and assets, Speed The Seed appears to be inactive or defunct. Therefore, it is not currently an operating charity.
What caused Speed The Seed to cease operations?
While the exact cause isn't stated, the consistent trend of expenses exceeding revenue (e.g., $215,419 expenses vs. $166,721 revenue in 2015) likely led to the depletion of assets and eventual cessation of activities.
Did Speed The Seed have any financial liabilities?
No, the IRS 990 filings consistently reported $0 in liabilities across all five periods, indicating the organization did not carry debt.
Filing History
IRS 990 filing history for Speed The Seed showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Speed The Seed's revenue has declined by 15.4%, moving from $197K to $167K. Total assets decreased by 48.6% over the same period, from $156K to $80K. Total functional expenses rose by 27.9%, from $168K to $215K. In its most recent filing year (2015), Speed The Seed reported a deficit of $49K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $167K | $215K | $80K | $0 | — | View 990 |
| 2014 | $151K | $182K | $129K | $0 | — | View 990 |
| 2013 | $132K | $140K | $160K | $0 | — | View 990 |
| 2012 | $169K | $156K | $168K | $0 | — | View 990 |
| 2011 | $197K | $168K | $156K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $167K, expenses of $215K, and assets of $80K (revenue +10.6% year-over-year).
- 2014: Revenue of $151K, expenses of $182K, and assets of $129K (revenue +14.6% year-over-year).
- 2013: Revenue of $132K, expenses of $140K, and assets of $160K (revenue -22.0% year-over-year).
- 2012: Revenue of $169K, expenses of $156K, and assets of $168K (revenue -14.5% year-over-year).
- 2011: Revenue of $197K, expenses of $168K, and assets of $156K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Speed The Seed:
Data Sources and Methodology
This transparency report for Speed The Seed 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.