SEED IN THE SOIL INC

EIN: 460469028 501(c)(3) Education

WINSTON SALEM, NC

Total Revenue
$420,000
Total Expenses
$358,665
Total Assets
$5,278,907
Net Assets
$426,518
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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
2012
Legal Domicile
NC
Principal Officer
JAMES GADSON
Phone
3367440804
Tax Period
2022-01-01 to 2022-12-31

SEED IN THE SOIL INC, founded in 2012, is a small nonprofit in the Education sector that reported $420K in total revenue in fiscal year 2022. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $359K left a modest 15% surplus.

Mission

PROVIDE EDUCATIONAL FACILITIES AND SERVICES IN ENHANCING COMMUNITY GROWTH AND OPPORTUNITIES FOR ITS CITIZENS

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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 (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $420,000
Investment Income $0
Other Revenue $0
TOTAL REVENUE $420,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $358,160
Other Expenses $358,665
TOTAL EXPENSES $358,665

Year-over-Year Comparison

2022 2021 Change
Revenue $420,000 $360,000 +0.2%
Expenses $358,665 $344,609 +0.0%
Net Income $61,335 $15,391 +3.0%
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
5
Employees
N/A
Volunteers
5

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
1
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMES GADSON CHAIRMAN 1.00
Officer Director
$0 $0 $0
JEFFERSON CARUTHERS BOARD MEMBER 0.75
Director
$0 $0 $0
J LUTHER COVINGTON BOARD MEMBER 0.75
Director
$0 $0 $0
JOHN FOXWORTH BOARD MEMBER 0.75
Director
$0 $0 $0
WALTER WEATHERS BOARD MEMBER 0.75
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
2022 $420,000 $358,665 $5,278,907 $61,335
2021 $360,000 $344,609 $5,339,889 $15,391
2020 $300,000 $367,159 $5,431,961 $-67,159
2019 $319,039 $402,458 $5,765,573 $-83,419
2018 $365,038 $225,432 $3,344,052 $139,606
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