Hope Seeds Inc

Organization Overview

Hope Seeds Inc, operating under the name Hope Seeds International Inc, is located in Bradenton, FL. The organization was established in 1999. According to its NTEE Classification (Q19) the organization is classified as: Support N.E.C., under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2023, Hope Seeds International Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope Seeds International 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 12/2023, Hope Seeds International Inc generated $315.0k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $276.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (4.0%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE SEED AND AGRICULTURAL SUPPORT TO CHRISTIAN MISSIONARIES AND IMPOVERISHED PEOPLE WORLDWIDE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEED DISTRIBUTION DONATED, GROWN, AND PURCHASED SEED WAS TESTED, PACKAGED, AND SHIPPED TO MISSIONS AND OTHER NONPROFIT ORGANIZATIONS IN UNDERDEVELOPED COUNTRIES FOR FURTHER DISTRIBUTION TO IMPOVERISHED PEOPLE. DURING 2023, 816,961 PACKETS OF SEED, 67,149 FAMILY SEED GROWING KITS, AND OVER 69,000 MESSAGES OF HOPE WERE SHIPPED TO 158 DIFFERENT MISSION AGENTS IN 25 COUNTRIES.


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Board, Officers & Key Employees

Name (title)Compensation
David Balsbaugh
Executive Director
$65,000
Gerrit Van Dyke PHD
Asst. Treasurer
$0
Kenneth D Racke PHD
Secretary
$0
Dwight Shackelford
President
$0
Art Pabst PHD
Vice President
$0
Jeffrey Basik
Treasurer
$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$302,189
Noncash contributions included in lines 1a–1f $865
Total Revenue from Contributions, Gifts, Grants & Similar$302,189
Total Program Service Revenue$0
Investment income $12,906
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$106
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $314,989

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