Sowing Empowerment And Economic Development Inc
- Assets
- $217.3k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 25
- Location
- Riverdale, MD
- Founding
- 11/2000
- Data as of
- 12/2022
- EIN
- 52-2227244
Organization Overview
Sowing Empowerment And Economic Development Inc is located in Riverdale, MD. The organization was established in 2000. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2022, Sowing Empowerment And Economic Development Inc employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sowing Empowerment And Economic Development 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, Sowing Empowerment And Economic Development Inc generated $1.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (15.7%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (14.8%) per year over the past 5 years. 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
SOWING EMPOWERMENT & ECONOMIC DEVELOPMENT INC. (SEED) IS A NON-PROFIT ORGANIZATION CREATED TO PROVIDE FOOD, CLOTHING, EDUCATION, AND TRAINING, WHILE PROMOTING SELF-SUFFICIENCY AND EMPOWERMENT DIRECTLY TO LOW TO MODERATE INCOME FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
(A)96,080 POUNDS OF EMERGENCY FOOD, AND 58,000 POUNDS OF FRESH PRODUCE PROVIDED TO 17,592 INDIVIDUALS IN 3,806 HOUSEHOLDS THROUGH THE SEED FOOD DISTRIBUTION CENTER IN RIVERDALE AND EXCEL ACADEMYS FAMILY MARKET IN LANDOVER, MD. (B) 8 FOOD PANTRIES IN COUNCILMANIC DISTRICTS 1-4 IN PRINCE GEORGES COUNTY, MD RECEIVED MONTHLY SUPPLEMENTAL FOOD ITEMS FROM THE SEED FOOD HUB TO SERVE 2,700 HOUSEHOLDS. (C) 65,800 POUNDS OF FOOD PROVIDED TO 1,060 HOUSEHOLDS IN DETROIT, MI. (D) DIAPERS DISTRIBUTED TO 1,346 BABIES IN 1,026 FAMILIES. (E) 200 FAMILIES RECEIVED HOLIDAY BASKETS. (F) 7 LOW-INCOME FAMILIES RECEIVED CHRISTMAS GIFTS THROUGH ADOPT A FAMILY PROGRAM. (G) 172 FIRST TIME HOME BUYERS EDUCATED THROUGH VIRTUAL WORKSHOPS. 23 RECEIVED EDUCATION THROUGH ONLINE COURSES. THE EDUCATION HELPED 2 CLIENTS PURCHASE HOMES. (H) 145 INDIVIDUALS RECEIVED FINANCIAL LITERACY TRAINING. (I) REVIEWED 73 CASES IN PRINCE GEORGES COUNTYS EMERGENCY RENTAL ASSISTANCE PROGRAM. (J) PROVIDED RENTAL ASSISTANCE TO 14 HOUSEHOLDS THROUGH THE TOWN OF RIVERDALE EMERGENCY HOUSING ASSISTANCE PROGRAM. TOTAL FUNDS DISTRIBUTED TO DATE, $179,376.25.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa B Mcdougal Seed - President | Officer | 50 | $82,170 |
Nichole Mattison Jackson Seed - Vice President Of Prog | Officer | 50 | $100,000 |
Monica Cortes-Tapia Director | Trustee | 0 | $1 |
Marian B Peele Director | Trustee | 0.5 | $0 |
Pastor Denise Johnson Director | Trustee | 0.5 | $0 |
Marilyn Goldsmith Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,007,647 |
| All other contributions, gifts, grants, and similar amounts not included above | $56,724 |
| Noncash contributions included in lines 1a–1f | $222,679 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,064,371 |
| Total Program Service Revenue | $86,633 |
| 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 | $1,185,391 |
| 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 | $0 |
| 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 | $0 |
| Pension plan accruals and contributions | $379,741 |
| 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 | $0 |
| Advertising and promotion | $3,584 |
| Office expenses | $9,287 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $61,511 |
| Travel | $25,850 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $11,544 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,647 |
| Insurance | $14,260 |
| All other expenses | $9,083 |
| Total functional expenses | $1,218,140 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $44,519 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $106,205 |
| Accounts receivable, net | $17,856 |
| 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 | $48,720 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $217,300 |
| Accounts payable and accrued expenses | $212,687 |
| Grants payable | $0 |
| Deferred revenue | $160,000 |
| 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 | $72,638 |
| Other liabilities | $0 |
| Total liabilities | $445,325 |
| Net assets without donor restrictions | -$228,025 |
| 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 | $217,300 |