Slo Seed Ventures Inc

Nonprofit profile at a glance

EIN
462806032
IRS 990-EZ coverage
2021–2022
Forms available
Form 990-EZ 2022
Location
San Luis Obispo, CA, USA
Phone
4152903017
Rating confidence
Limited

Reported finances

Expenses
$8,283
Assets
$0
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • DAVID MORRISON (VICE PRESIDENT)

People named in this filing

  • JANICE ODELL (CHIEF FINANCIAL OFFICER)
  • PAVLO RUDAKEVCH (SECRETARY)
  • STEVEN LARSEN (CHAIRPERSON OF THE BOARD)

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 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

This corporation is a nonprofit mutual benefit corporation organizedunder the nonprofit mutual benefit corporation law. The purpose of thiscorporation is to organize a group of members dedicated to investing in early stage start-up companies based out of California polytechnic state university, san luis obispo and the surrounding community as well as the education of accredited investors regarding angel investing and its role in building a healthy entrepreneurial ecosystem.

What it reported doing in 2022

Organize a group of members dedicated to investing in early stage start-up companies based out of California polytechnic state university, san luis obispo and the surrounding community.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 82
  • Sustainability: 10
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: 0; rating input score 13; 13th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 51; 51st percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: -200% per year; rating input score 0; 1st percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 2 of 2 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2021 to 2022
  • 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 — Growth: Asset growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 13/100.
  • Review — Sustainability: Officer compensation ratio scored 51/100.