Multiply Seed Foundation Inc
- Assets
- $11.3k
- Revenue
- $23.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Littleton, CO
- Founding
- 05/1999
- Data as of
- 12/2021
- EIN
- 84-1483966
Organization Overview
Multiply Seed Foundation Inc is located in Littleton, CO. The organization was established in 1999. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Multiply Seed Foundation 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 12/2021, Multiply Seed Foundation Inc generated $23.0k in total revenue. All expenses for the organization totaled $12.2k during the year ending 12/2021. While expenses have increased by 65.0% per year over the past 4 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dennis W Thome President | 4 | $0 | |
Penelope Lee Thome Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,150 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $20,843 |
| Total Revenue | $22,993 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $0 |
| Contributions, gifts, grants paid | $12,150 |
| Total expenses and disbursements | $12,150 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,338 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $11,338 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Multiply Seed Foundation Inc has awarded $12,150 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Las Vegas, NV PURPOSE: SUPPORT FOR CHURCH'S FOREIGN MISSION PROGRAM. | $10,000 |
SAT-7 PURPOSE: GENERAL PURPOSES. | $1,200 |
Boone, NC PURPOSE: GENERAL PURPOSES | $900 |
Cary, NC PURPOSE: GENERAL PURPOSES | $50 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Summit Ministries Inc Manitou Springs, CO | $15,859,073 | $12,358,452 |
Glorieta 2-0 Inc Glorieta, NM | $10,000,063 | $8,243,412 |
India Transformed Denver, CO | $8,662,864 | $16,064,070 |
Messenger International Inc Palmer Lake, CO | $6,208,879 | $7,054,114 |
New Life Ranch Inc Colcord, OK | $22,344,755 | $6,024,517 |
C I O S Wilson, WY | $98,349,403 | $2,570,504 |
Bfp International Inc Tulsa, OK | $1,723,620 | $6,364,406 |
Global Training Network Inc Peoria, AZ | $3,445,890 | $6,634,687 |
The Colson Center For Christian Worldview Colorado Springs, CO | $4,055,762 | $6,867,019 |
China Harvest Inc Wichita, KS | $5,105,499 | $5,918,919 |
Langham Partnership Usa Inc Nfp Cave Creek, AZ | $4,743,435 | $6,322,505 |
The Officers Christian Fellowship Of The United States Of America Englewood, CO | $22,544,775 | $9,225,583 |