Seedcorn Inc
Nonprofit profile at a glance
- EIN
- 223207443
- IRS 990-EZ coverage
- 2010–2014
- Forms available
- Form 990-EZ 2014
- Location
- Potsdam, NY, USA
- Phone
- 3152656080
- Rating
- 39
- Verdict
- REVIEW
- Rating confidence
- Moderate
- Sector
- Nonprofit Management
Reported finances
- Revenue
- $25,251
- Expenses
- $138,315
- Assets
- $8,802
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2014. Amounts in USD.
Leadership & pay
4 people listed
People named in this filing
- Klaus Proemm (Speaker)
- Margaret Weitzman (Recording Secretary)
- Jim Benvenuto (Corresponding Secretary)
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 2014. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To support grassroots efforts for programs committed to social justice, community building, local self-reliance and sustainable development, with an emphasis on the St. Lawrence River Valley region.
What it reported doing in 2014
Sustainable Living Project - Presentation of educational workshops on various aspects of sustainable local living
Operating model
- Revenue model
- Donor-supported. 78% 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 program spending has grown recently. 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: 19
- Growth: 100
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: -447.8%; rating input score 3; 3rd percentile among comparable filings
- Total-asset coverage ratio: 0.06; rating input score 7; 7th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 75; 75th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings
Growth
- Program expense growth: 15.6% per year; rating input score 100; 77th percentile among comparable filings
- Revenue growth: 9.1% per year; rating input score 100; 76th percentile among comparable filings
- Asset growth: 21.2% per year; rating input score 100; 84th percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 5 filing years from 2010 to 2014
- Contacts: How to reach this organization
- 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 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- High — Sustainability: Operating margin scored 3/100.
- High — Sustainability: Total-asset coverage ratio scored 7/100.
- Review — Sustainability: Officer compensation ratio scored 57/100.