SEED GLOBAL HEALTH

EIN: 453064098 501(c)(3) Education

BOSTON, MA

Total Revenue
$16,490,097
Total Expenses
$13,791,410
Total Assets
$15,060,009
Net Assets
$14,078,955
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
MA
Principal Officer
DR VANESSA KERRY
Phone
6173661650
Tax Period
2024-04-01 to 2025-03-31

SEED GLOBAL HEALTH, founded in 2011, is a mid-sized nonprofit in the Education sector that reported $16.5M in total revenue in fiscal year 2024. Revenue surged 180% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.7M, a strong 16% operating margin.

Mission

THE ORGANIZATION STRIVES TO STRENGTHEN HEALTH EDUCATION AND DELIVERY IN PLACES FACING A DIRE SHORTAGE OF HEALTH PROFESSIONALS BY WORKING WITH PARTNER COUNTRIES TO MEET THEIR LONG-TERM HEALTH CARE HUMAN RESOURCE NEEDS.

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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 $16,486,289
Program Service Revenue $18,500
Investment Income $1,116
Other Revenue $-15,808
TOTAL REVENUE $16,490,097

Expense Breakdown

Grants Paid $355,941
Salaries & Benefits $7,849,388
Fundraising Expenses $1,354,581
Program Expenses $10,997,030
Other Expenses $5,586,081
TOTAL EXPENSES $13,791,410

Year-over-Year Comparison

2024 2023 Change
Revenue $16,490,097 $5,880,619 +1.8%
Expenses $13,791,410 $10,620,585 +0.3%
Net Income $2,698,687 $-4,739,966 -1.6%
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
8
Independent Members
7
Employees
34
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
7
$1,114,980
Total Directors
8
$327,245
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR VANESSA KERRY CEO 40.00
Officer Director
$248,587 $78,658 $327,245
DEDE ORRACA-CECIL CHAIRMAN 1.00
Officer Director
$0 $0 $0
TOM FRY TREASURER 1.00
Officer Director
$0 $0 $0
NDEYE FATU KOROMA TRUSTEE 1.00
Director
$0 $0 $0
JOEL LAMSTEIN TRUSTEE 1.00
Director
$0 $0 $0
PATTY O'HAYER TRUSTEE 1.00
Director
$0 $0 $0
TOYIN SARAKI TRUSTEE 1.00
Director
$0 $0 $0
KARA WEISS TRUSTEE 1.00
Director
$0 $0 $0
ANDREW MUSOKE CHIEF OPERATING OFFICER 40.00
Officer
$196,707 $31,452 $228,159
ERIN TRIVEDI CHIEF FINANCE AND ADMINISTRATION 40.00
Officer
$179,139 $42,477 $221,616
LAUREN MCKNOWN CHIEF DEVELOPMENT OFFICER 40.00
Officer
$213,248 $7,837 $221,085
MEAGHAN CARROLL CHIEF OF STAFF 40.00
Officer
$77,412 $39,463 $116,875
HELEN EWING SR. DIR OF PROGRAM AND EDUCATION 40.00
Highest
$181,979 $28,305 $210,284
KIDIST GEBRE CHEBUDE DIRECTOR OF HUMAN RESOURCES 40.00
Highest
$138,882 $18,440 $157,322
PETER MILLER DIRECTOR OF INFORMATION SYSTEMS 40.00
Highest
$150,988 $38,282 $189,270
COURTNEY BRIDGEO DIRECTOR OF PARTNERSHIPS 40.00
Highest
$131,267 $5,232 $136,499
ANDREA DICKSON CHIEF COMMUNICATIONS & ADVOCACY OFF. 40.00
Highest
$156,155 $23,759 $179,914
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 $16,490,097 $13,791,410 $15,060,009 $2,698,687
2024 $5,880,619 $10,620,585 $11,889,936 $-4,739,966
2024 $5,880,619 $10,620,585 $11,889,936 $-4,739,966
2023 $7,955,226 $8,601,915 $16,659,824 $-646,689
2022 $3,834,795 $4,186,793 $17,125,826 $-351,998
2021 $12,045,293 $6,915,643 $17,603,207 $5,129,650
2021 $12,045,293 $6,915,643 $17,603,207 $5,129,650
2020 $10,131,924 $5,826,004 $13,000,288 $4,305,920
2019 $3,221,747 $4,490,883 $8,102,342 $-1,269,136
2018 $7,722,028 $4,765,104 $9,323,289 $2,956,924
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