Seed Capital Kentucky Inc
- Assets
- $1.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 4
- Location
- Louisville, KY
- Founding
- 08/2012
- Data as of
- 12/2017
- EIN
- 45-1068408
Organization Overview
Seed Capital Kentucky Inc is located in Louisville, KY. The organization was established in 2012. According to its NTEE Classification (K20) the organization is classified as: Agricultural Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2016, Seed Capital Kentucky Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Seed Capital Kentucky 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 12/2017, Seed Capital Kentucky Inc generated $5.0k in total revenue. All expenses for the organization totaled $7.3k during the year ending 12/2017.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2017
Describe the Organization's Mission:
Part 3 - Line 1
TO CATALYZE THE SUCCESS AND RESILIENCE OF KENTUCKYS REGIONAL AGRICULTURE AND REGIONAL FOOD ECONOMY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORTING FARMERS. GRANTS ARE OFFERED TO SMALL FARMERS TO ENABLE THEM TO ACCESS TECHNICAL ASSISTANCE TO INCREASE THEIR CAPACITY TO GROW THEIR BUSINESSES, INCREASE SUSTAINABILITY, INCREASE ACCESS TO CAPITAL, OR OTHERWISE PLAY A LARGER OR MORE MEANINGFUL ROLE IN THE FOOD ECONOMY. TECHNICAL ASSISTANCE GRANTS COVER SUCH THINGS AS ACCOUNTING AND FINANCIAL PLANNING, BUSINESS PLANNING, MARKET DEVELOPMENT, MARKETING (INCLUDING PACKAGING AND LABEL DEVELOPMENT), FOOD SAFETY PLANNING AND PROCESS IMPLEMENTATION, LEGAL SERVICES, OR WHOLE FARM PLANNING. SUPPORTING THE LOCAL FOOD ECONOMY. SEED CAPITAL KY CONDUCTS RESEARCH AND PROVIDES OTHER SUPPORT FOR THE DEVELOPMENT AND EXPANSION OF VARIOUS FOOD BUSINESSES AND INFRASTRUCTURE, INCLUDING LOCAL FOOD AGGREGATION AND DISTRIBUTION SYSTEMS. SEED CAPITAL KY'S LARGEST PROJECT WAS THE WEST LOUISVILLE FOODPORT. HOWEVER, ONCE THE LARGEST TENANT PULLED OUT OF THE PROJECT, IT WAS DETERMINED THAT THE PROJECT WAS NO LONGER FEASIBLE. THE CONSTRUCTION COSTS AND OTHER PROJECT COSTS HAVE BEEN WRITTEN OFF DURING 2016.
SEED CAPITAL KY SERVES AS THE FISCAL SPONSOR OF THE LOCAL FOOD ASSOCIATION
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Caroline Heine Project Dire | OfficerTrustee | 40 | $112,500 |
Stephen Reilly President | OfficerTrustee | 10 | $0 |
John-Mark Hack Board Member | Trustee | 1 | $0 |
Augusta Brown Holland Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $5,000 |
| Statement of Expenses | |
|---|---|
| Total expenses | $7,315 |
| Balance Sheet | |
|---|---|
| Total assets | $1,511 |
| Total liabilities | $0 |
| Net assets or fund balances | $1,511 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Seed Capital Kentucky Inc has recieved totaling $95,000.
| Awarding Organization | Amount |
|---|---|
The Community Foundation Of Louisville Inc Louisville, KY PURPOSE: FOOD, AGRICULTURE & NUTRITION | $85,000 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: ENVIRONMENT AND ANIMAL WELFARE | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Indiana Farm Bureau Indianapolis, IN | $22,690,251 | $11,074,675 |
Virginia Farm Bureau Federation Inc Richmond, VA | $53,446,193 | $7,940,484 |
Tennessee Farm Bureau Federation Columbia, TN | $127,985,651 | $12,173,337 |
Ohio Soybean Council Worthington, OH | $9,472,196 | $9,336,413 |
National Swine Registry West Lafayette, IN | $2,564,738 | $7,027,546 |
National Snaffle Bit Association Inc Gurnee, IL | $5,863,990 | $6,575,627 |
Indiana Corn Marketing Council Indianapolis, IN | $5,137,582 | $5,167,221 |
Locus Impact Investing Richmond, VA | $7,023,425 | $9,339,755 |
Agricenter International Inc Memphis, TN | $11,833,861 | $6,132,848 |
Ohio County & Independent Agricultural Societies Delaware, OH | $10,485,071 | $9,270,714 |
Missouri Corn Merchandising Council Jefferson City, MO | $10,685,301 | $5,612,300 |
Missouri Farm Bureau Federation 1616 Missouri Blvd Jefferson City, MO | $26,099,278 | $6,710,697 |