Seed Basket Inc
- Assets
- $217.3k
- Revenue
- $93.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Louisville, KY
- Founding
- 07/2011
- Data as of
- 12/2022
- EIN
- 45-2255258
Organization Overview
Seed Basket Inc is located in Louisville, KY. The organization was established in 2011. According to its NTEE Classification (Q32) the organization is classified as: International Economic Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Seed Basket 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 Basket Inc generated $93.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $92.8k during the year ending 12/2022. 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
THE ORGANIZATION PARTNERS WITH LOCAL NON-PROFITS AND COMMUNITY GROUPS IN SOUTHEAST ASIA TO IDENTIFY THEIR TRAINING AND TECHNOLOGY NEEDS. THE ORGANIZATION THEN CONNECTS THESE NEEDS WITH THE RESOURCES OF THEIR PARTNERS AROUND THE WORLD, COLLECTING RESOURCE "SEEDS" OF TECHNOLOGY AND TRAINING AND SHARING THEM FOR A HARVEST OF CHANGE. TOGETHER WITH THEIR PARTNERS, THE ORGANIZATION AIMS TO BUILD A BRIDGE FOR MUTUAL TRANSFORMATION, LINKING COMMUNITIES RICH IN TECHNOLOGY WITH THOSE RICH IN HUMAN RESOURCES AND WILLPOWER. THIS TWO-WAY BRIDGE IS BUILT IN A SPIRIT OF BROTHERHOOD, FRIENDSHIP AND COMPASSION FOR MUTUAL EDIFICATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY HEALTH PROJECTS - MEDICAL/DENTAL & RELIEF WAS PROVIDED IN IMPOVERISHED AREAS THAT DO NOT HAVE ACCESS TO ADEQUATE HEALTH CARE. THIS INCLUDES FREE CLINICS IN PARTNERSHIP WITH LOCAL AUTHORITIES, MEDICAL VOLUNTEERS FROM THE US VISITING AND PROVIDING ASSISTANCE AND TRAINING TO INDONESIAN DOCTORS. ADDITIONALLY WE PROVIDE HEALTH AWARENESS REGARDING CLEAN WATER, DISEASE PREVENTION AND GENERAL PREVENTATIVE PRACTICES IN ORDER TO HELP IMPROVE THE HEALTH OF COMMUNITIES.
ORPHAN CARE - WE PROVIDE ONGOING FRUITS AND VEGETABLES TO SEVERAL ORPHAN COMMUNITIES IN INDONESIA IN ORDER TO HELP SUBSIDIZE THEIR DIETS AND NUTRITION. WE ALSO ASSIST IN ENGLISH PROGRAMS AND EDUCATIONAL OPPORTUNITIES FOR THESE ORPHANS.
AFTERSCHOOL PROGRAMS - EDUCATION IS A SIGNIFICANT BARRIER TO MANY RURAL COMMUNITIES IN INDONESIA. WE HAVE HELPED TO CREATE A CURRICULUM FOR LOCAL VOLUNTEERS TO USE AFTERSCHOOL TO ASSIST IN THE PROCESS OF LEARNING TO READ, LEARNING LIFE SKILLS AND LEARNING ENGLISH WHICH WILL ASSIST THEM IN THE PROCESS OF FINDING JOBS AND OTHER LIFE OPPORTUNITIES IN THE FUTURE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Stewart President | OfficerTrustee | 20 | $0 |
Carree Stewart Vice President | OfficerTrustee | 5 | $0 |
Cynthia Coffee Secretary/treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| 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 | $107,428 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $107,428 |
| 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 | -$13,836 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $93,592 |
| 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 | $52,977 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $14,495 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $305 |
| Advertising and promotion | $0 |
| Office expenses | $2,951 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $10,200 |
| Travel | $7,363 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $601 |
| Insurance | $0 |
| All other expenses | $169 |
| Total functional expenses | $92,792 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $135,991 |
| 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 | $79,450 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,824 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $217,265 |
| Accounts payable and accrued expenses | $0 |
| 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 | $3,151 |
| Other liabilities | $0 |
| Total liabilities | $3,151 |
| Net assets without donor restrictions | $0 |
| 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 | $214,114 |
| Total liabilities and net assets/fund balances | $217,265 |