Education
(B80)
IRS Verified
DX Registered
990 on File
SEED FOUNDATION INC
Financial strength (30%)
92/100
Reliability (20%)
55/100
Effectiveness (25%)
85/100
Impact (25%)
No data yet
Register and add impact metrics to be rated above three stars
CharityAI™ Score
Not yet evaluated
Mission Statement
The SEED Foundation partners with urban communities to provide educational opportunities that prepare underserved students for success in college and beyond. SEED’s innovative public boarding model integrates a rigorous academic program with a nurturing boarding program, which teaches life skills and provides a safe and secure environment.
Financial Overview — FY 2023
$7.8M
Total Revenue
$5.5M
Total Expenses
$10.3M
Net Assets
31
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
87.2%
Fundraising Efficiency
N/A
Operating Reserve
22.66x
Liability-to-Asset
12.4%
Revenue Diversification
64.2%
Executive Compensation
$796K
Compared with Peers
FY 2023
Compared with 11,226 similar organizations
(United States, Education, $1M–$10M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
87.2% | 84.5% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
6.1% | 13.0% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
6.7% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
22.7 mo | 8.6 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
12.4% | 23.0% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
64.2% | 90.7% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
32.1% | 7.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
12.4% | 11.6% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
29.5% | 3.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $7.8M | $5.5M | $10.3M | 87.2% | 31 |
| 2022 | $5.9M | $4.9M | $8.0M | 88.3% | 32 |
| 2021 | $5.0M | $4.1M | N/A | — | 26 |
Donor Reviews
Write a ReviewNo reviews yet
Be the first to share your experience with this organization.