Golden Seeds Angel Association Inc

Nonprofit profile at a glance

EIN
873839543
IRS 990-EZ coverage
2022–2025
Forms available
Form 990-EZ 2025
Location
Flushing, NY, USA
Phone
8886296774
Rating
36
Verdict
REVIEW
Rating confidence
Moderate

Reported finances

Revenue
$36,288
Expenses
$26,027
Assets
$371,810
Liabilities
$343,678

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

3 people listed

People named in this filing

  • LORETTA MCCARTHY (VICE CHAIR, ASST. TREASURE)
  • MICHAEL ALTMAN (VICE CHAIR, ASST. TREASURE)
  • MATIAS HEALY (VICE CHAIR, ASST. TREASURE)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

(a) to provide a forum for education, mentoring, communication, and interaction of angel investors with entrepreneurs, government, civic organizations, universities, and the business community, (b) to promote and support economic development nationwide via encouraging and facilitating investment in women-led businesses (c) to expand access to capital for women-led businesses, (d) to facilitate and coordinate activities of, and resources for, angel investors in various regions throughout the united states, (e) to provide support for angel investors in their evaluation of potential investments in women-led businesses, (f) to provide resources and support for women-led businesses

What it reported doing in 2025

Promote and support economic development nationwide via encouraging and facilitating investment in women-led businesses

Operating model

Revenue model
Donor-supported. 72% of the money available for current operations came from contributions and gifts.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 82
  • Sustainability: 72
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 28.3%; rating input score 79; 79th percentile among comparable filings
  • Total-asset coverage ratio: 14.29; rating input score 94; 94th percentile among comparable filings
  • Liabilities to assets ratio: 0.92; rating input score 5; 5th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -120% per year; rating input score 0; 2nd percentile among comparable filings
  • Revenue growth: -43.5% per year; rating input score 0; 7th percentile among comparable filings
  • Asset growth: -9% per year; rating input score 0; 19th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 4 filing years from 2022 to 2025
  • Contacts: How to reach this organization
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 5/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.