SEEDS 4 SUCCESS INC

EIN: 272470677 501(c)(3) Youth Development

ANNAPOLIS, MD

Total Revenue
$668,695
Total Expenses
$565,194
Total Assets
$691,337
Net Assets
$668,610
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
MD
Principal Officer
COREY GALINSKY
Phone
4105333847
Tax Period
2024-07-01 to 2025-06-30

SEEDS 4 SUCCESS INC, founded in 2008, is a small nonprofit in the Youth Development sector that reported $669K in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. The organization ran a surplus of $104K, a strong 15% operating margin.

Mission

WORKING TOGETHER AS A COMMUNITY TO PROVIDE CHILDREN FROM LOW-INCOME COMMUNITIES WITH THE SKILLS AND SUPPORT TO ACHIEVE SUCCESS IN SCHOOL AND LIFE.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $654,770
Program Service Revenue $0
Investment Income $13,925
Other Revenue $0
TOTAL REVENUE $668,695

Expense Breakdown

Grants Paid $2,899
Salaries & Benefits $403,878
Fundraising Expenses $68,966
Program Expenses $463,106
Other Expenses $158,417
TOTAL EXPENSES $565,194

Year-over-Year Comparison

2024 2023 Change
Revenue $668,695 $561,069 +0.2%
Expenses $565,194 $589,646 0.0%
Net Income $103,501 $-28,577 -4.6%
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

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Governance

Voting Members
7
Independent Members
7
Employees
7
Volunteers
64

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
5
$117,734
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JENNIFER PASTRONE EXECUTIVE DIRECTOR 040.00
Officer
$110,250 $7,484 $117,734
COREY GALINSKY PRESIDENT 005.00
Officer Director
$0 $0 $0
MARY GRACE FOLWELL VICE PRESDIENT 005.00
Officer Director
$0 $0 $0
JANE LAWRENCE TREASURER 005.00
Officer Director
$0 $0 $0
HELENA HUNTER SECRETARY 001.00
Officer Director
$0 $0 $0
MARGUERITE WELCH DIRECTOR 001.00
Director
$0 $0 $0
LYNNE EVANS DIRECTOR 001.00
Director
$0 $0 $0
MARKUS MOORE DIRECTOR 001.00
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
2025 $668,695 $565,194 $691,337 $103,501
2024 $561,069 $589,646 $575,780 $-28,577
2023 $658,886 $575,687 $643,473 $83,199
2022 $580,379 $500,406 $574,068 $79,973
2021 $626,125 $487,720 $424,180 $138,405
2020 $509,291 $427,966 $323,019 $81,325
2019 $374,919 $337,628 $208,870 $37,291
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