Seeds 4 Success
Legal name: Seeds 4 Success Inc
Nonprofit profile at a glance
- EIN
- 272470677
- IRS 990 coverage
- 2013–2024
- Official website data refreshed
- Aug 2026
- Forms available
- Form 990 2024
- Location
- Annapolis, MD, USA
- Phone
- 4105333847
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Youth Development Programs
Reported finances
- Revenue
- $668,695
- Expenses
- $565,194
- Assets
- $691,337
- Liabilities
- $22,727
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- JENNIFER PASTRONE (EXECUTIVE DIRECTOR)
- COREY GALINSKY (PRESIDENT)
Highest reported compensation
- JENNIFER PASTRONE (EXECUTIVE DIRECTOR): $117,734 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Working together as a community to provide children from low income communities with the skills and support to achieve success in school and life.
What it reported doing in 2024
Seeds 4 success provides weekly mentoring sessions through the learn and dream programs to children grades pre-kindergarten - 12th grade residing in low-income households in annapolis. During these weekly sessions, participants are paired with a volunteer mentor. Mentors and staff provide academic coaching, social-emotional learning support, college and career preparation, life skills learning, and enrichment opportunities. Seeds 4 success supports post-high school participants through the grow program providing mentorship, scholarships, and individualized life skills support in order to achieve gainful employment in a meaningful career. Seeds 4 success engages families and community members through the grow program that hosts student and family impact teams, educational workshops, fun and fellowship nights, and events to celebrate participants.
Operating model
- Revenue model
- Donor-supported. 67% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 99% 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. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 70
- Transparency & Controls: 92
- Accountability: 90
- Sustainability: 56
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 69.9%; rating input score 70
- Program expense ratio: 81.9%; rating input score 82
- Fundraising efficiency: $9.49 raised per $1 spent on fundraising; rating input score 36; 36th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 15.5%; rating input score 70; 70th percentile among comparable filings
- Total-asset coverage ratio: 1.22; rating input score 49; 49th percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 57; 57th percentile among comparable filings
- Officer compensation ratio: 20.8%; rating input score 14; 14th percentile among comparable filings
Growth
- Program expense growth: 11.3% per year; rating input score 100; 67th percentile among comparable filings
- Revenue growth: 10.7% per year; rating input score 100; 69th percentile among comparable filings
- Asset growth: 16% per year; rating input score 100; 75th percentile among comparable filings
Details
- What they do: 8 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 69.9% of revenue deployed · 81.9% of spending went to programs
- Governance: 7 of 7 board members independent · 6 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $463K in reported program spending
- Leadership: top reported pay $118K · 8 people listed
- Consistency: 28 of 28 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 12 filing years from 2013 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
- Moderate — Financial Efficiency: Fundraising efficiency scored 36/100.
- Review — Accountability: Governance controls: 2 of 8 not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 49/100.
- High — Sustainability: Officer compensation ratio scored 14/100.
- Review — Sustainability: Liabilities to assets ratio scored 57/100.