Seed Community Foundation

Nonprofit profile at a glance

EIN
990757972
IRS 990-EZ coverage
2024–2025
Forms available
Form 990-EZ 2025
Location
Washington DC, DC, USA
Phone
2402161225
Rating
35
Verdict
REVIEW
Rating confidence
Moderate
Sector
Human Service Organizations

Reported finances

Revenue
$51,260
Expenses
$69,700
Assets
$799
Liabilities
$0

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

Leadership & pay

5 people listed

Executive titles in this filing

  • Reginald Ray Farmer (Founder/CEO/Board Chair)

People named in this filing

  • Reginald Ray Farmer (Founder/CEO/Board Chair)
  • Reginald Ray Farmer II (Board Member)
  • Melvyn Bradley Farmer (Youth Outreach 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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To serve as a Community Development Corporation (CDC) providing affordable housing, life-skills and environmental sustainability services to seniors, Veterans, families and youth.

What it reported doing in 2025

Pre-development planning, strategy and compliance services for the rebuild of a community place of worship, education center and retail shops for community vitality. Program management plan and architectural design completed. Zoning and licensing.

Operating model

Revenue model
Donor-supported. 99% of the money available for current operations came from contributions and gifts.
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

REVIEW - The filed numbers largely add up. 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: 2
  • Transparency & Controls: 82
  • Sustainability: 23
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 1.6%; rating input score 2
  • Program expense ratio: 1.1%; rating input score 1

Transparency & Controls

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

Sustainability

  • Operating margin: -36%; rating input score 15; 15th percentile among comparable filings
  • Total-asset coverage ratio: 0.01; rating input score 7; 7th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -193.6% per year; rating input score 0; 1st percentile among comparable filings
  • Revenue growth: -28.6% per year; rating input score 0; 11th percentile among comparable filings
  • Asset growth: -184.1% per year; rating input score 0; 0th percentile among comparable filings

Details

  • Where the money goes: 1.6% of revenue deployed · 1.1% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $800 in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2024 to 2025
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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.

Key Signals

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

  • High — Financial Efficiency: Mission deployment rate scored 2/100.
  • High — Financial Efficiency: Program expense ratio scored 1/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 15/100.
  • High — Sustainability: Total-asset coverage ratio scored 7/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.