SEED COMMITTEE INC

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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

1989

Legal Domicile

Tax Period

2019-07-01 to 2020-06-30

SEED COMMITTEE INC, founded in 1989, is a micro nonprofit that reported $6K in total revenue in fiscal year 2019. Revenue fell 92% from the prior year — a significant decline worth monitoring. Expenses of $28K exceeded revenue, resulting in a 339% operating deficit.

Mission

COMMUNITY & ECONOMIC DEVELOPMENT

Program Service Accomplishments

Program 1

Expenses: $27,990

HOUSING DEVELOPMENT-LOW INTEREST DOWN PAYMENT LOANSARE AVAILABLE TO FIRST-TIME HOMEBUYERS. THEREARE CURRENTLY NO LOANS TO LOW/MODERATE INCOMEHOMEBUYERS. ECONOMIC DEVELOPMENT- COMMERCIAL PROPERTY...

HOUSING DEVELOPMENT-LOW INTEREST DOWN PAYMENT LOANSARE AVAILABLE TO FIRST-TIME HOMEBUYERS. THEREARE CURRENTLY NO LOANS TO LOW/MODERATE INCOMEHOMEBUYERS. ECONOMIC DEVELOPMENT- COMMERCIAL PROPERTY OWNERSARE ASSISTED THROUGH LOW INTEREST LOANS BASED ONCOMMERCIAL PROPERTY RENOVATION, BUSINESS EXPANSION,OR EMPLOYEE ADDITIONS. THERE ARE CURRENTLY 7EXISTING COMMERCIAL LOANS FOR ECONOMIC DEVELOPMENTAND EXPANSION. GRANT MONEY IS UTILIZED TO CONTINUEREHABILITATION OF COMMERCIAL AND RENTAL PROPERTYIN HAMILTON COUNTY, IOWA. MEMBER COMMUNITIES CONTINUE TO BE ASSISTED IN GRANTWRITING FOR ECONOMIC DEVELOPMENT AND EXPANSION.PROMOTIONAL ACTIVITIES CONTINUE TO ENCOURAGEDEVELOPMENT AND TOURISM ACTIVITIES.

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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 (2019)

Revenue Breakdown

Contributions & Grants $4,395

Program Service Revenue $183

Investment Income $1,795

Other Revenue $0

TOTAL REVENUE $6,373

Expense Breakdown

Grants Paid $0

Salaries & Benefits $9,200

Fundraising Expenses $0

Program Expenses $27,990

Other Expenses $18,790

TOTAL EXPENSES $27,990

Year-over-Year Comparison

	2019	2018	Change
Revenue	$6,373	$76,136	-0.9%
Expenses	$27,990	$49,789	-0.4%
Net Income	$-21,617	$26,347	-1.8%

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

Volunteers

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
RICK YOUNG	PRESIDENT	3.00	Officer Director	$0	$0	$0
MARY SEALINE	VICE PRES	1.00	Officer Director	$0	$0	$0
GREG CARLSON	SECTREAS	1.00	Officer Director	$0	$0	$0
MISCHELLE HARDY	DIRECTOR	1.00	Director	$0	$0	$0
JESSICA MURRAY	DIRECTOR	1.00	Director	$0	$0	$0
MARV NOREM	DIRECTOR	1.00	Director	$0	$0	$0
POLLY HAYES	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS ROETHLER	DIRECTOR	1.00	Director	$0	$0	$0
AMANDA WESTRUM	DIRECTOR	1.00	Director	$0	$0	$0
KIM ANDERSON	DIRECTOR	1.00	Director	$0	$0	$0
LEO SEISER	DIRECTOR	1.00	Director	$0	$0	$0
DAN CAMPIDILLI	DIRECTOR	1.00	Director	$0	$0	$0
KEN OUTZEN	DIRECTOR	1.00	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
2020	$6,373	$27,990	No data	$-21,617
2019	$76,136	$49,789	$335,165	$26,347