SEEDING SUCCESS

EIN: 452464843 501(c)(3) Youth Development

MEMPHIS, TN

Total Revenue
$29,876,086
Total Expenses
$23,608,088
Total Assets
$18,718,892
Net Assets
$13,249,943
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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
2011
Legal Domicile
TN
Principal Officer
MARK STURGIS
Phone
9015074183
Tax Period
2024-07-01 to 2025-06-30

SEEDING SUCCESS, founded in 2011, is a mid-sized nonprofit in the Youth Development sector that reported $29.9M in total revenue in fiscal year 2024. Revenue surged 29% from the prior year, signaling strong growth momentum. The organization ran a surplus of $6.3M, a strong 21% operating margin.

Mission

SEEDING SUCCESS IS AN ORGANIZATION THAT SUPPORTS AND PROMOTES A "CRADLE TO CAREER" EDUCATION AGENDA IN SHELBY COUNTY. IT SERVES AS A FACILITATOR ADVOCATE, AND PLATFORM FOR COLLABORATION AROUND FOUR GOALS: 1. CHILDREN ENTER KINDEGARTEN READY TO LEARN. 2. YOUTH GRADUATES HIGH SCHOOL "COLLEGE READY". 3. ADULTS EARN CERTIFICATIONS AND DEGREES THAT PREPARE THEM FOR LOCAL CAREERS. 4. TALENT IS ATTRACTED TO AND RETAINED IN SHELBY COUNTY.

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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 $29,207,895
Program Service Revenue $0
Investment Income $478,103
Other Revenue $190,088
TOTAL REVENUE $29,876,086

Expense Breakdown

Grants Paid $2,955,362
Salaries & Benefits $4,064,755
Fundraising Expenses $102,268
Program Expenses $20,455,877
Other Expenses $16,587,971
TOTAL EXPENSES $23,608,088

Year-over-Year Comparison

2024 2023 Change
Revenue $29,876,086 $23,142,029 +0.3%
Expenses $23,608,088 $21,776,685 +0.1%
Net Income $6,267,998 $1,365,344 +3.6%
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
11
Independent Members
11
Employees
45
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
5
$452,284
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
8
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BLAIR TAYLOR DIRECTOR 2.00
Director
$0 $0 $0
KEITH NORMAN DIRECTOR 2.00
Director
$0 $0 $0
CLAY ELLIS DIRECTOR 2.00
Director
$0 $0 $0
KATHY BUCKMAN-GIBSON DIRECTOR 2.00
Director
$0 $0 $0
JOHN DANIEL DIRECTOR 2.00
Director
$0 $0 $0
AL BRIGHT DIRECTOR 2.00
Director
$0 $0 $0
TEQUILLA BROWNIE DIRECTOR 2.00
Director
$0 $0 $0
SONJI BRANCH DIRECTOR 2.00
Director
$0 $0 $0
ISSAC RODREGUEZ TREASURER 2.00
Officer Director
$0 $0 $0
AUSTIN BAKER SECRETARY 2.00
Officer Director
$0 $0 $0
MICHAEL FULTON CHAIR 2.00
Officer Director
$0 $0 $0
KANDACE THOMAS EXECUTIVE DIRECTOR 1.00
Officer
$0 $7,666 $211,819
MARK STURGIS CHIEF EXECUTIVE OFFICER 40.00
Officer
$237,011 $3,454 $240,465
LISA WILLIAMS VICE PRESIDENT OF COMMUNIC 40.00
Highest
$119,244 $0 $119,244
CHARLES GRAYSON DATA ARCHITECT 40.00
Highest
$120,538 $1,212 $121,750
JAMILICA BURKE PRESIDENT 40.00
Highest
$166,315 $1,473 $167,788
PARIS R DUCKER CHIEF ADMINISTRATIVE OFFICER 40.00
Highest
$109,888 $0 $109,888
MAURICA JACKSON DIRECTOR OF FINANCE & OPERATION 1.00
Highest
$0 $206 $104,720
MATTHEW MCCAFFREY VP OF PUBLIC POLICY 40.00
Highest
$118,716 $0 $118,716
SURAYYAH HASAN VP DATA & PERFORMANCE MANAGEMENT 40.00
Highest
$110,789 $0 $110,789
TAYLOR DEMAGISTRIS VP OF STRATEGY & IMPACT 40.00
Highest
$114,735 $1,212 $115,947
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 $29,876,086 $23,608,088 $18,718,892 $6,267,998
2024 $23,142,029 $21,776,685 $14,257,865 $1,365,344
2023 $23,586,176 $20,708,099 $7,734,755 $2,878,077
2022 $18,000,407 $18,773,375 $14,418,451 $-772,968
2022 $18,000,407 $18,755,987 $14,419,359 $-755,580
2021 $16,460,800 $15,230,331 $15,830,696 $1,230,469
2018 $3,145,534 $2,038,133 $1,927,606 $1,107,401
2017 $1,423,113 $2,032,824 $818,099 $-609,711
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