Seed Energy Inc

Organization Overview

Seed Energy Inc, operating under the name Sunfarmer, is located in Ann Arbor, MI. The organization was established in 2013. According to its NTEE Classification (Q20) the organization is classified as: Promotion of International Understanding, 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. Sunfarmer 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 12/2020, Sunfarmer generated $41.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (27.2%) each year. All expenses for the organization totaled $206.2k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (17.3%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

POWERING CRITICAL INFRASTRUCTURE IN THE DEVELOPING WORLD WITH AFFORDABLE AND RELIABLE SOLAR.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SOLAR ENERGY PROJECT DEVELOPMENT, CONSTRUCTION, AND MONITORING IN NEPAL. DURING 2020, WE INSTALLED SOLAR PANELS ON HEALTH FACILITIES, FARMS, AND BUSINESSES ACROSS NEPAL.


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Board, Officers & Key Employees

Name (title)Compensation
Jason Gray
Treasurer
$0
Andrew Moon
Ceo/secretary
$0
Caroline Nguyen
Director
$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$41,286
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$41,286
Total Program Service Revenue$0
Investment income $28
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 $41,314

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Seed Energy Inc has recieved totaling $10,000.

Awarding OrganizationAmount
Depcom G I V E S

Scottsdale, AZ

PURPOSE: PUBLIC SUPPORT

$5,000
Depcom G I V E S

Scottsdale, AZ

PURPOSE: PUBLIC SUPPORT

$5,000
View Grant Recipient Profile

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