ADVANCING THE SEED INC

EIN: 371783394 501(c)(3) Community Improvement

LA MIRADA, CA

Total Revenue
$418,755
Total Expenses
$411,148
Total Assets
$35,521
Net Assets
$-28,920
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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
2015
Legal Domicile
CA
Principal Officer
REGEANIE CORONA
Phone
5622486356
Tax Period
2024-01-01 to 2024-12-31

ADVANCING THE SEED INC, founded in 2015, is a small nonprofit in the Community Improvement sector that reported $419K in total revenue in fiscal year 2024. Revenue surged 227% from the prior year, signaling strong growth momentum.

Mission

TRAINING, COACHING, LEADERSHIP DEVELOPMENT, AND FINANCIAL LITERACY PROGRAMS FOR YOUNG ADULTS AND CAPACITY-BUILDING TECHNICAL ASSISTANCE PROGRAMS FOR SMALL CAPACITY AND MINORITY-LED NONPROFITS AND MINORITY ENTREPRENEURS/SMALL BUSINESS OWNERS IN UNDERSERVED COMMUNITIES.

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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 $349,981
Program Service Revenue $58,793
Investment Income $0
Other Revenue $9,981
TOTAL REVENUE $418,755

Expense Breakdown

Grants Paid $3,063
Salaries & Benefits $112,135
Fundraising Expenses $24,172
Program Expenses $283,086
Other Expenses $295,950
TOTAL EXPENSES $411,148

Year-over-Year Comparison

2024 2023 Change
Revenue $418,755 $128,015 +2.3%
Expenses $411,148 $124,617 +2.3%
Net Income $7,607 $3,398 +1.2%
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
5
Independent Members
3
Employees
3
Volunteers
3

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
4
$63,288
Total Directors
5
$63,288
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
REGEANIE CORONA PRESIDENT/CEO 40
Officer Director
$60,738 $0 $60,738
JEANETTE MANDY TREASURER 1
Officer Director
$2,550 $0 $2,550
HELEN ACEVEZ BOARD CHAIR 1
Officer Director
$0 $0 $0
NATALIE PHILLIPS SECRETARY 1
Officer Director
$0 $0 $0
CORBIN RANDAL BOARD MEMBER 1
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 $418,755 $411,148 $35,521 $7,607
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