Seed Ministry Inc is located in Elizabeth, IN. The organization was established in 2001. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Seed Ministry Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Seed Ministry Inc generated $288.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $326.8k during the year ending 12/2022. While expenses have increased by 4.8% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
IMPROVING THE LIFE OF THE RESIDENTS OF GHANA, AFRICA THROUGH EDUCATION AND SPIRITUAL EMPOWERMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DESIGNATED GIVING
CHILDREN'S MINISTRY
BENEVOLENCE, EVANGELISM, HELPING THE CHURCH, TEAM MINISTRIES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Bob Parker Pastor/director | OfficerTrustee | 60 | $18,200 |
Roger Dillon President | OfficerTrustee | 5 | $0 |
Toby Parker Vice President | OfficerTrustee | 40 | $0 |
Jennifer Kuchenbrod Secretary | OfficerTrustee | 1 | $0 |
Christy Parker Treasurer | OfficerTrustee | 1 | $0 |
Bonnie Parker Co Director | Trustee | 60 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $286,995 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $286,995 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $288,553 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $120,145 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $25,109 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $658 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $696 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $32 |
Office expenses | $12,595 |
Information technology | $1,959 |
Royalties | $0 |
Occupancy | $19,470 |
Travel | $37,409 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $83,736 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $24,997 |
Insurance | $0 |
All other expenses | $38 |
Total functional expenses | $326,844 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $114,285 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $245,117 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $359,402 |
Accounts payable and accrued expenses | $704 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $704 |
Net assets without donor restrictions | $358,698 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $359,402 |
Over the last fiscal year, we have identified 1 grants that Seed Ministry Inc has recieved totaling $30,400.
Awarding Organization | Amount |
---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: EVANGELISM | $30,400 |
Organization Name | Assets | Revenue |
---|---|---|
Barnabas Foundation Crete, IL | $428,082,293 | $83,271,055 |
Answers In Genesis Inc Petersburg, KY | $94,175,549 | $47,216,237 |
Ministry Health Care Inc St Louis, MO | $291,511,056 | $25,156,032 |
Good News Publishers Wheaton, IL | $44,141,237 | $30,597,185 |
Awana Clubs International St Charles, IL | $16,214,341 | $23,700,094 |
Mission Pre-Born Inc Indianapolis, IN | $6,569,199 | $16,394,673 |
Bill Winston Ministries Forest Park, IL | $6,676,875 | $15,498,938 |
Breakthrough Urban Ministries Inc Chicago, IL | $9,536,563 | $12,933,979 |
Haven Of Our Lady Of Peace Inc St Louis, MO | $8,612,583 | $10,375,484 |
Christian Buehler Memorial Peoria, IL | $194,168,877 | $24,390,628 |
American Lutheran Church-Northland Luthern Services For The Elderly Marinette, WI | $6,079,717 | $8,121,825 |
Resourcing Christian Education International Nfp Wheaton, IL | $4,529,324 | $9,552,178 |