Seam Inc
Nonprofit profile at a glance
- EIN
- 845054317
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990 2023, Form 990-EZ 2024, Form 990-N 2022
- Location
- Atlanta, GA, USA
- Rating
- 90
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Educational Services and Schools - Other
Reported finances
- Revenue
- $113,963
- Expenses
- $272,118
- Assets
- $57,123
- Liabilities
- $65,389
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Rainey Shane (CEO and Director)
People named in this filing
- Rainey Shane (CEO and Director)
- Terena Campagna (Chief Experience Officer)
- Alex Demestihas (Director)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our organization promotes equitable practices in the built environment through the SEAM Standard. This framework translates global best practices into practical steps for embedding fairness and opportunity in commercial real estate. We offer education training and certification to empower professionals and project owners to assess and enhance the social impact of development projects. Our services include professional training third-party certification for real estate projects and educational programs.
What it reported doing in 2024
SEAM Certification Project Certification-Provides third-party social-equity assessment and certification services for commercial real estate projects including application review scorecard assessment reviewer guidance and award issuance. In 2024 SEAM issued its first official award Bronze O+M: Developer for The Jack Seattle guided a private school project in Seattle through six months of pre-registration work and delivered a full-day on-site social responsibility workshop for the project team. SEAM also established a Technical Advisory Group that met bi-monthly and produced formal crosswalks with LEED Social Equity Pilot Credits and the Building Equity Standard JUST 3.0 crosswalk initiated. Geographic scope: primarily U.S. Seattle with materials available internationally.Direct beneficiaries: two project teams The Jack; private school project. Outputs: one SEAM certification awarded in-person workshop delivery TAG meeting records and crosswalk documents.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 100
- Sustainability: 7
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 98.8%; rating input score 99
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -138.8%; rating input score 0; 0th percentile among comparable filings
- Total-asset coverage ratio: 0.21; rating input score 19; 19th percentile among comparable filings
- Liabilities to assets ratio: 1.14; rating input score 4; 4th percentile among comparable filings
- Officer compensation ratio: 44.3%; rating input score 6; 6th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -68.8% per year; rating input score 0; 0th percentile among comparable filings
- Asset growth: -89.6% per year; rating input score 0; 1st percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 98.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $269K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 0/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 19/100.
- High — Sustainability: Liabilities to assets ratio scored 4/100.
- High — Sustainability: Officer compensation ratio scored 6/100.