2seeds Network Inc
- Assets
- $36.5k
- Revenue
- $23.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 10/2010
- Data as of
- 12/2017
- EIN
- 27-2145843
Organization Overview
2seeds Network Inc is located in Washington, DC. The organization was established in 2010. According to its NTEE Classification (Q31) the organization is classified as: International Agricultural Development, 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. 2seeds Network Inc 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 12/2017, 2seeds Network Inc generated $23.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (64.0%) each year. All expenses for the organization totaled $33.1k during the year ending 12/2017. As we would expect to see with falling revenues, expenses have declined by (57.2%) per year over the past 3 years. 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
2017
Describe the Organization's Mission:
Part 3 - Line 1
THE 2SEEDS NETWORK IS A NON-PROFIT WHICH SERVES AGRICULTURAL DEVELOPMENT PROJECTS IN AFRICA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRANSITION ALL AGRICULTURAL AND ECONOMIC DEVELOPMENT PROJECTS TO FULL CONTROL AND SPONSORSHIP OF THE LOCAL PARTNERS IN THE KOROGWE REGION OF TANZANIA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Meeks Chairman | OfficerTrustee | 10 | $0 |
Katharine Milburn Director | OfficerTrustee | 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 | $23,550 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,550 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $23,550 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| 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 | $3,824 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $390 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Total functional expenses | $33,148 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $36,467 |
| 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 | $7 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $36,474 |
| Accounts payable and accrued expenses | $8 |
| 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 | $30,000 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $30,008 |
| Unrestricted restricted net Assets | $6,466 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $6,466 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that 2seeds Network Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Impactassets Inc Bethesda, MD PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nuru International Washington, DC | $2,325,977 | $4,991,930 |
Association Of International Agricultural Research Centers Alexandria, VA | $59,813,371 | $2,371,779 |
Global Fairness Initiative Washington, DC | $1,033,727 | $2,110,061 |
Land Alliance Inc Washington, DC | $794,495 | $1,424,978 |
Harvestplus Solutions Inc Washington, DC | $0 | $398,147 |
International Partners Cassie Stern Memorial Inc Silver Spring, MD | $745,302 | $220,253 |
Cosecha Foundation Llc Potomac, MD | $94,231 | $256,100 |
National China Garden Foundation Washington, DC | $5,445,194 | $97,254 |
2seeds Network Inc Washington, DC | $36,474 | $23,550 |
Just Haiti Inc Washington, DC | $113,113 | $0 |
Iraq Poultry Fund Washington, DC | $0 | $0 |
Gleme Foundation Co Gaithersburg, MD | $0 | $0 |