Seed Programs Inc
- Assets
- $360.9k
- Revenue
- $337.9k
- Investments
- $0.0
- Employees
- 1
- Location
- Asheville, NC
- Founding
- 01/1999
- Data as of
- 12/2023
- EIN
- 56-2092576
Organization Overview
Seed Programs Inc, operating under the name Seed Programs International, is located in Asheville, NC. The organization was established in 1999. According to its NTEE Classification (Q31) the organization is classified as: International Agricultural 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 Programs International 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 12/2023, Seed Programs International generated $337.9k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $302.6k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE GOOD QUALITY SEED, EXPERTISE, AND TRAINING MATERIALS TO HUMANITARIAN ORGANIZATIONS WORKING AROUND THE WORLD TO ALLEVIATE HUNGER AND POVERTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPI PROVIDED 759,000 PACKETS OF VEGETABLE SEED TO 20 COUNTRIES DURING THE YEAR. THIS IS ENOUGH SEED TO GROW OVER 27 MILLION FRESH VEGETABLE SERVINGS CONTAINING NUTRIENTS THAT GROW HEALTHY MINDS AND BODIES, AND CHANGE THE LIVES OF GARDENERS WORLDWIDE. THESE SHIPMENTS, COMBINED WITH APPROPRIATE LOCAL TRAINING, TOOLS, AND SUPPORT, RESULTED IN GARDENS BENEFITING MORE THAN 50,000 PEOPLE. THESE GARDENS PROVIDED LIFE-SAVING NUTRITION AND INCOME FOR FAMILIES IN THESE COUNTRIES IMPACTED BY DISASTER, ARMED CONFLICT, AND CHRONIC STRESS AND POVERTY. SPI ALSO COLLABORATES WITH PARTNERS WHO SERVE COMMUNITIES IN THE UNITED STATES OF AMERICA. SEED WAS DELIVERED TO SEED LIBRARIES, SCHOOLS, COMMUNITY COALITIONS, CHURCHES, AND OTHER GROUPS WHO PROVIDE SERVICES TO PEOPLE WITH LITTLE ACCESS TO NUTRITIOUS FOOD. PROGRAMS SPI SUPPORTS IN POLAND AND UKRAINE CREATE SCHOOL AND COMMUNITY GARDENS TO SUPPORT REFUGEES AND IDPS AND TO PROVIDE PROGRAM PARTICIPANTS WITH A CONNECTION TO PLACE AND COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Georgia Beasley Program Dire | Officer | 40 | $49,401 |
Brian Love Operations D | Officer | 40 | $40,002 |
Robyn Love Exec Directo | Officer | 40 | $40,002 |
Tim Batcha Ex-Officio B | Trustee | 2 | $0 |
Jack Bernens Vice Chair | Trustee | 2 | $0 |
Milcah Kigoni Board Member | Trustee | 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 | $306,669 |
| Noncash contributions included in lines 1a–1f | $12,369 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $306,669 |
| Total Program Service Revenue | $31,230 |
| Investment income | $12 |
| 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 | $337,911 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $14,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $97,551 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $129,405 |
| Compensation of current officers, directors, key employees. | $6,913 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,896 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,060 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $8,382 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $4,646 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,545 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,031 |
| All other expenses | $0 |
| Total functional expenses | $302,613 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $162,589 |
| Savings and temporary cash investments | $48,454 |
| 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 | $147,975 |
| Prepaid expenses and deferred charges | $1,890 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $360,908 |
| Accounts payable and accrued expenses | $3,862 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,862 |
| Net assets without donor restrictions | $256,778 |
| Net assets with donor restrictions | $100,268 |
| 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 | $360,908 |
Grants Awarded
Over the last fiscal year, Seed Programs Inc has awarded $14,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
GROWEASTAFRICAGROWEASTAFRICA PURPOSE: SUPPORT AFRICA FUND | $6,500 |
PRESERVE INTERNATIONALPRESERVE INTERNATIONAL PURPOSE: SUPPORT AFRICA FUND | $7,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
International Potato Center Alexandria, VA | $43,430,471 | $49,126,709 |
Maxwell Leadership Foundation Inc Duluth, GA | $3,149,368 | $10,644,253 |
Rural Advancement Foundation International-Usa Pittsboro, NC | $3,981,024 | $2,420,873 |
Association Of International Agricultural Research Centers Alexandria, VA | $53,022,746 | $2,205,719 |
Flint Global Partners Inc Cookeville, TN | $108,377 | $949,716 |
Seed Programs Inc Asheville, NC | $360,908 | $337,911 |
Full Belly Project LTD Wilmington, NC | $0 | $105,808 |
Firekeepers International Mohawk, TN | $62,369 | $131,882 |
Resources For Philippine Rural Communities Corporation Duluth, GA | $98,813 | $0 |
Langano Harvest Foundation Concord, NC | $28,616 | $0 |