Seed Effect

Organization Overview

Seed Effect is located in Dallas, TX. The organization was established in 2013. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2022, Seed Effect employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Seed Effect 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 Effect generated $2.5m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 25.4% each year . All expenses for the organization totaled $2.1m during the year ending 12/2022. While expenses have increased by 20.5% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

SEED EFFECT'S MISSION IS TO PLANT THE SEEDS THAT OVERCOME POVERTY BY PROVIDING ACCESS TO ECONOMIC EMPOWERMENT, EDUCATION, AND SPIRITUAL DISCIPLESHIP IN MARGINALIZED COMMUNITIES AROUND THE WORLD.

Describe the Organization's Program Activity:

Part 3 - Line 4a

IN 2022, SEED EFFECT PROVIDED FUNDING THAT ENABLED SEED EFFECT UGANDA, AN INDEPENDENT ORGANIZATION IN UGANDA, TO LAUNCH SAVINGS AND LOAN GROUPS SERVING INDIVIDUALS. THIS CHRIST-CENTERED, SAVINGS-LED MICROFINANCE PROGRAM EMPOWERED THESE INDIVIDUALS TO BUILD CHRISTIAN COMMUNITY, STUDY GOD'S WORD, HAVE A SAFE PLACE TO SAVE, AND ACCESS SMALL LOANS TO SUPPORT INCOME GENERATION. 100% OF THESE GROUP MEMBERS HEARD THE GOSPEL AND HAD ACCESS TO ONGOING DISCIPLESHIP THROUGH WEEKLY MEETINGS AND IN PARTNERSHIP WITH THE LOCAL CHURCH.


IN 2022, SEED EFFECT PROVIDED FUNDING THAT ENABLED SEED EFFECT UGANDA, AN INDEPENDENT ORGANIZATION IN UGANDA, TO LAUNCH SAVINGS AND LOAN GROUPS SERVING INDIVIDUALS. THIS CHRIST-CENTERED, SAVINGS-LED MICROFINANCE PROGRAM EMPOWERED THESE INDIVIDUALS TO BUILD CHRISTIAN COMMUNITY, STUDY GOD'S WORD, HAVE A SAFE PLACE TO SAVE, AND ACCESS SMALL LOANS TO SUPPORT INCOME GENERATION. 100% OF THESE GROUP MEMBERS HEARD THE GOSPEL AND HAD ACCESS TO ONGOING DISCIPLESHIP THROUGH WEEKLY MEETINGS AND IN PARTNERSHIP WITH THE LOCAL CHURCH.


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Board, Officers & Key Employees

Name (title)Compensation
Melissa Williams
Executive Di
$111,256
Mike Congrove
Board Member
$0
David Luttrell
Board Member
$0
Kent Mckeaigg
Board Member
$0
Andrew Mosier
Board Member
$0
Lexi Reiff
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$240,640
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$2,275,318
Noncash contributions included in lines 1a–1f $10,085
Total Revenue from Contributions, Gifts, Grants & Similar$2,515,958
Total Program Service Revenue$0
Investment income $3,565
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$8,351
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,511,172

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