Support For Educational And Economic Development
- Assets
- $2.3m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Garland, TX
- Founding
- 02/2010
- Data as of
- 12/2021
- EIN
- 27-1309131
Organization Overview
Support For Educational And Economic Development, operating under the name Seed, is located in Garland, TX. The organization was established in 2010. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Seed is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Seed generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.5% each year . All expenses for the organization totaled $1.5m during the year ending 12/2021. While expenses have increased by 17.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ACHIEVE OPTIMUM EDUCATIONAL & HEALTHCARE STANDARDS BY IMPROVING LITERACY STATUS AND QUALITY OF LIFE IN THE ECONOMICALLY UNDER DEVELOPED AREAS IN INDIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
- FINANCIAL AID FOR EDUCATION OF 15,900 POOR CHILDREN IN 55 SCHOOLS IN INDIA. - PAID LOAN FOR 3 SCHOOL BUSES FOR ONE SCHOOL. - GRANTED 1,247 SCHOLARSHIPS FOR HIGHER COLLEGE EDUCATION FOR POOR STUDENTS.
- PROVIDED FREE OF COST MEDICAL RELIEF FOR 133,000 POOR PATIENTS. - OPERATED 6 PRIMARY CARE CENTERS AND 5 DIABETIC CARE CENTERS.
- PROVIDED VOCATIONAL TRAINING TO 1,239 YOUNG MEN AND WOMEN - COURSES OFFERED: PRE-PRIMARY TEACHER'S TRAINING, PARA-MEDICAL TRAINING, BASIC AND ADVANCE COMPUTER COURSES, AUTOMOBILE TECH AND AIR CONDITIONING, ELECTRICIAN, WELDER, FITTER, FORKLIFT OPERATOR, ETC. - ESTABLISHED 2 COMPUTER TRAINING CENTERS FOR ADVANCED COURSES. - ONE YEAR APPRENTICE TRAINING PROGRAM FOR NEW LAW GRADUATES AND JOURNALISTS. - STARTED SMALL VENDOR DEVELOPMENT TRAINING PROGRAM (11 VENDORS COMPLETED 9 MONTHS TRAINING).
PROVIDED FINANCIAL SUPPORT (MONYHLY STIPEND) TO 410 DESTITUTE FAMILIES FOR ONE YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mirza Munawar Baig Vice Preside | OfficerTrustee | 2 | $0 |
Habeebur Rahman Quadri President | OfficerTrustee | 2 | $0 |
M Aboobecker Treasurer | OfficerTrustee | 2 | $0 |
Ms Zeba Siddiqui Secretary | OfficerTrustee | 2 | $0 |
Syed M Hussaini Executive Di | Officer | 30 | $0 |
Dirasath Qureshi Board Of Dir | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,002,199 |
| Noncash contributions included in lines 1a–1f | $48,487 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,002,199 |
| Total Program Service Revenue | $0 |
| Investment income | $3,441 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $77,674 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,083,314 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $35,000 |
| Grants and other assistance to domestic individuals. | $5,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $1,318,592 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,565 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $12,043 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $9,825 |
| Travel | $463 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $15,948 |
| Total functional expenses | $1,461,036 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,483,795 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $826,002 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,309,797 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $2,309,797 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,309,797 |
Grants Awarded
Over the last fiscal year, Support For Educational And Economic Development has awarded $35,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Cambridge, MA PURPOSE: JOURNALIST TRAINING | $25,000 |
Plano, TX PURPOSE: TEACHER TRAINING | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Support For Educational And Economic Development has recieved totaling $216,963.
| Awarding Organization | Amount |
|---|---|
Islamic Food And Nutriton Council Of America Des Plaines, IL PURPOSE: Educational | $105,000 |
Islamic Food And Nutriton Council Of America Des Plaines, IL PURPOSE: Healthcare | $78,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $33,903 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $60 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Christian Relief Fund Amarillo, TX | $12,393,094 | $11,849,734 |
Focus Humanitarian Assistance U S A Sugar Land, TX | $10,443,894 | $8,688,144 |
A Glimmer Of Hope Foundation Austin, TX | $0 | $5,415,626 |
Mission Enablers International Bentonville, AR | $795,841 | $7,887,827 |
Building Everyones Success Together In West Africa Grand Prairie, TX | $91,189 | $6,476,422 |
Dasra Houston, TX | $12,585,856 | $13,108,623 |
Mountain On Mastersroad Inc Manvel, TX | $56,044 | $5,994,766 |
4africa Fort Worth, TX | $780,808 | $4,207,403 |
Orphan Outreach Plano, TX | $6,019,298 | $5,276,048 |
Mission Mutual Arlington, TX | $1,503,426 | $4,739,100 |
C U R E Compassionate Utilization Of Resources Fort Smith, AR | $336,014 | $3,893,166 |
International Emergency And Development Aid Ieda Relief Inc Houston, TX | $425,583 | $3,732,117 |