Seeds Of Help Foundation Inc is located in Indianapolis, IN. The organization was established in 2002. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Seeds Of Help Foundation 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 11/2023, Seeds Of Help Foundation Inc generated $24.3k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $169.4k during the year ending 11/2023. While expenses have increased by 5.4% per year over the past 6 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEDICAL, EDUCATIONAL, FOOD, HOUSING. OR CHARITABLE PURPORSES RELATING TO CHILDREN LEFT IN NEED BY WAR, POVERTY OR LACK OF OPPORTUNITY
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
W Walter Able Vice President/treasurer | 0.75 | $110,500 | |
Chris Tuttle Director | 0.05 | $0 | |
Catherine Plumlee Director | 0.05 | $0 | |
Nancy Able Morrison Director | 0.05 | $0 | |
Walter G Able President/secretary | 10.5 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $24,345 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $24,345 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $110,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $45,934 |
| Taxes | $9,856 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $169,440 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $169,440 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,698 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $300,000 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $569,034 |
| Total assets | $874,732 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |