Memphis, TN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)SchoolSeed Foundation, founded in 2009, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $2.8M in total revenue in fiscal year 2022. Revenue fell 37% from the prior year — a significant decline worth monitoring. Expenses of $5.2M exceeded revenue, resulting in a 83% operating deficit.
Schoolseed is an independent nonprofit organization whose mission is to support public schools in Shelby County by: (1) Raising money for programs that federal, state, and local
We are razor focused on the delivery and improved outcomes by managing a variety of services and programs for the benefit of schools, educators, students, and parents. The Foundation's mission is to...
We are razor focused on the delivery and improved outcomes by managing a variety of services and programs for the benefit of schools, educators, students, and parents. The Foundation's mission is to secure and manage private resources for the benefit of public education, coordinate community efforts to support public education, provide development and training opportunities to teachers and administrators, and to operate and support programs in schools dedicated to accelerating student achievement. Our body of work includes, but is not limited to : fiscal management of private support for public education; teacher retention and recognition projects: school-based projects that support students, teachers, and administrators; publication of a Resource Guide for Parents; recruiting, training, and deploying reading tutors for students PK-3rd grade; supports for effective teaching; leadership training; and special projects that attend to emerging needs. Our theory of change is predicated on the idea that capacity building in schools, support for teachers and leaders, rigorous curriculum, target setting, ongoing improvement of curriculum and instruction, and promoting effective practice will accerate student and school achievement. The Foundation's theory of action calls for: the building and sustaining of a collaborative partnership with school districts and their school-based leadership; building and sustaining of a collaborative partnership with the philanthropic and business community; providing supplementary supports to students, teachers, and administrators; and tracking and monitoring the progress of projects. The Foundation seeks to increase college attendance and graduation rates-a matter of equity; access, and community developent.
Sponsorships: support programs aimed at providing a specific initiative with funding. (5000+ persons benefited)
School specific initiatives: support programs aimed at specified schools for the schools most immediate needs. (3000+ persons benefited)
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2022 | 2021 | Change | |
|---|---|---|---|
| Revenue | $2,826,393 | $4,454,713 | -0.4% |
| Expenses | $5,165,739 | $2,295,013 | +1.3% |
| Net Income | $-2,339,346 | $2,159,700 | -2.1% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| William Mitchell | Chairman | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| Ken Foster | Treasurer | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| Lisa Wheeler Jenkins | Secretary | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| Regina Walker | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| David Cocke | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Beverly Cross | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Vincent McCaskill | President/ CEO | 40.00 |
Officer
|
$159,316 | $0 | $159,316 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2022 | $2,826,393 | $5,165,739 | $9,717,016 | $-2,339,346 |
| 2021 | $4,454,713 | $2,295,013 | $7,252,651 | $2,159,700 |
| 2020 | $7,793,603 | $7,395,378 | $5,107,519 | $398,225 |
| 2018 | $990,465 | $1,616,814 | $1,839,835 | $-626,349 |
| 2018 | $1,104,873 | $1,618,381 | $1,840,335 | $-513,508 |
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