SEEDS OF HOPE INC (EIN 205955376) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2017

Legal Domicile

Phone

7045163247

Tax Period

2024-01-01 to 2024-12-31

SEEDS OF HOPE INC, founded in 2017, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $218K in total revenue in fiscal year 2024. Net assets of $441K represent 24 months of operating reserves.

Mission

The organizations mission is to provide domestic scholarships and mentoring to under resourced communities. Seeds of Hope empowers motivated under-privileged students to achieve their dreams through Academic scholarships.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $224,807

Program Service Revenue $0

Investment Income $10,727

Other Revenue $-17,983

TOTAL REVENUE $217,551

Expense Breakdown

Grants Paid $177,020

Salaries & Benefits $0

Fundraising Expenses $3,189

Program Expenses $205,623

Other Expenses $35,863

TOTAL EXPENSES $212,883

Year-over-Year Comparison

	2024	2023	Change
Revenue	$217,551	$205,443	+0.1%
Expenses	$212,883	$122,072	+0.7%
Net Income	$4,668	$83,371	-0.9%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Dan Holloway	Director	2.00	Director	$0	$0	$0
Stacey Stolar	Director	2.00	Director	$0	$0	$0
Kim Deaton	Director	2.00	Director	$0	$0	$0
Dominique Myers	Director	2.00	Director	$0	$0	$0
Kalon Foss	Director	2.00	Director	$0	$0	$0
Jasmine Ellis	Director	2.00	Director	$0	$0	$0
Cindy Goodwin	Director	2.00	Director	$0	$0	$0
Marilynn Chadwick	Director	2.00	Director	$0	$0	$0
Pat Swisher	Director	2.00	Director	$0	$0	$0
Laura Swisher	President	2.00	Officer Director	$0	$0	$0
Amy Simpson	Secretary	2.00	Officer Director	$0	$0	$0
Emily Oliver	Treasurer	2.00	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$217,551	$212,883	$441,153	$4,668
2023	$205,443	$122,072	$436,485	$83,371
2021	$241,455	$45,546	$328,905	$195,909

SEEDS OF HOPE INC