SOWING EMPOWERMENT AND ECONOMIC DEVELOPMENT INC

EIN: 522227244 501(c)(3) Human Services

RIVERDALE, MD

Total Revenue
$1,083,990
Total Expenses
$1,214,385
Total Assets
$350,451
Net Assets
$-137,523
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
MD
Phone
3014589808
Tax Period
2024-01-01 to 2024-12-31

SOWING EMPOWERMENT AND ECONOMIC DEVELOPMENT INC, founded in 1997, is a community nonprofit in the Human Services sector that reported $1.1M in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year. Expenses of $1.2M exceeded revenue, resulting in a 12% operating deficit.

Mission

Sowing Empowerment & Economic Development Inc. (SEED) is a non-profit organization created to provide food, clothing, education, and training, while promoting self-sufficiency and empowerment directly to low to moderate income families.

Program Service Accomplishments

Program 1
Expenses: $837,685

106,200 pounds of emergency food, and 64,000 pounds of fresh produce provided to 4,260 individuals through the SEED Food Distribution Center in Riverdale and EXCEL Academys Family Market in Fort...

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106,200 pounds of emergency food, and 64,000 pounds of fresh produce provided to 4,260 individuals through the SEED Food Distribution Center in Riverdale and EXCEL Academys Family Market in Fort Washington, MD. 8 food pantries in Councilmanic Districts 1-4 in Prince Georges County, MD received monthly supplemental food items from the SEED food hub to serve 1,300 people. 88,000 pounds of food provided to 254 people in Detroit, MI. Diapers distributed to 179 babies. 100 families received holiday baskets. 225 seniors in Detroit, MI received customized utility carts to transport their donated food. 47 first time home buyers educated through virtual workshops. 10 received education through online courses. The education helped 7 clients purchase homes. 194 individuals received financial literacy training. Foreclosure Prevention counseling was provided to 26 households, with 1 received modification. 106,200 pounds of emergency food, and 64,000 pounds of fresh produce provided to 4,260 individuals through the SEED Food Distribution Center in Riverdale and EXCEL Academys Family Market in Fort Washington, MD. 8 food pantries in Councilmanic Districts 1-4 in Prince Georges County, MD received monthly supplemental food items from the SEED food hub to serve 1,300 people. 88,000 pounds of food provided to 254 people in Detroit, MI. Diapers distributed to 179 babies. 100 families received holiday baskets. 225 seniors in Detroit, MI received customized utility carts to transport their donated food. 47 first time home buyers educated through virtual workshops. 10 received education through online courses. The education helped 7 clients purchase homes. 194 individuals received financial literacy training. Foreclosure Prevention counseling was provided to 26 households, with 1 received modification. Free aftercare program provided to 30 scholars in Cornerstone Jefferson-Douglass Academy in Detroit, MI through SEED Extended Learning Program. 72 scholars participated in the SEED Freedom School Program in Fort Washington, MD and Detroit, MI.

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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 $494,329
Program Service Revenue $494,953
Investment Income $0
Other Revenue $94,708
TOTAL REVENUE $1,083,990

Expense Breakdown

Grants Paid $0
Salaries & Benefits $671,289
Fundraising Expenses $122,899
Program Expenses $837,685
Other Expenses $543,096
TOTAL EXPENSES $1,214,385

Year-over-Year Comparison

2024 2023 Change
Revenue $1,083,990 $1,276,823 -0.2%
Expenses $1,214,385 $1,055,397 +0.2%
Net Income $-130,395 $221,426 -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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Governance

Voting Members
13
Independent Members
13
Employees
23
Volunteers
20

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
$127,692
Total Directors
13
$0
Key Employees
2
$300,936
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Lisa B McDougal SEED - President no independent 50.00
Key Emp
$173,244 $0 $173,244
Nichole Mattison Jackson SEED - Vice President of Programs 50.00
Officer Key Emp
$127,692 $0 $127,692
Monica Cortes-Tapia Director 0.50
Director
$0 $0 $0
Robert Beale Director 0.50
Director
$0 $0 $0
Stephanie V Stanard Director 0.50
Director
$0 $0 $0
Lavette Sims Director 0.50
Director
$0 $0 $0
Maria Serravalle Director 0.50
Director
$0 $0 $0
Pastor Denise Johnson Director 0.50
Director
$0 $0 $0
Marian B Peele Director 0.50
Director
$0 $0 $0
Bishop James E Jordan Jr Director 0.50
Director
$0 $0 $0
Changyang Weng Recording Secretary 0.50
Officer Director
$0 $0 $0
Clarence Jones Jr Treasurer 0.50
Officer Director
$0 $0 $0
CJ Epps Vice Chair 0.50
Officer Director
$0 $0 $0
Chessa Huff-Woodard Chair 0.50
Officer Director
$0 $0 $0
Marilyn Goldsmith Director 0.50
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 $1,083,990 $1,214,385 $350,451 $-130,395
2023 $1,276,823 $1,055,397 $371,194 $221,426
2022 $1,185,391 $1,218,140 $217,300 $-32,749
2021 $1,250,126 $1,423,547 $241,595 $-173,421
2020 $578,859 $545,705 $267,143 $33,154
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