SOUTHEASTERN EFFORTS DEVELOPING SUSTAINABLE SPACES INC

EIN: 561876445 501(c)(3) Employment

DURHAM, NC

Total Revenue
$219,467
Total Expenses
$274,948
Total Assets
$1,403,271
Net Assets
$1,393,791
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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
1994
Legal Domicile
NC
Principal Officer
ERIN HOLDEN
Phone
9196831197
Tax Period
2024-07-01 to 2025-06-30

SOUTHEASTERN EFFORTS DEVELOPING SUSTAINABLE SPACES INC, founded in 1994, is a small nonprofit in the Employment sector that reported $219K in total revenue in fiscal year 2024. Revenue surged 37% from the prior year, signaling strong growth momentum. Expenses of $275K exceeded revenue, resulting in a 25% operating deficit.

Mission

SEEDS EDUCATES YOUTH AND ADULTS THROUGH GARDENING, GROWING FOOD AND CULTIVATING RESPECT FOR LIFE, FOR EARTH AND FOR EACH OTHER.

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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 $207,519
Program Service Revenue $9,216
Investment Income $2,732
Other Revenue $0
TOTAL REVENUE $219,467

Expense Breakdown

Grants Paid $0
Salaries & Benefits $139,107
Fundraising Expenses $11,816
Program Expenses $223,698
Other Expenses $135,841
TOTAL EXPENSES $274,948

Year-over-Year Comparison

2024 2023 Change
Revenue $219,467 $160,545 +0.4%
Expenses $274,948 $288,716 0.0%
Net Income $-55,481 $-128,171 -0.6%
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
10
Independent Members
10
Employees
15
Volunteers
300

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
3
$49,305
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MELANIE CANALES DIRECTOR 1.00
Director
$0 $0 $0
TIAYONNA LISKA SECRETARY 3.00
Officer Director
$0 $0 $0
JULIE WELLS CHAIR 3.00
Officer Director
$0 $0 $0
ERIKA WILKINS DIRECTOR 1.00
Director
$0 $0 $0
NORMAN EPPS DIRECTOR 1.00
Director
$0 $0 $0
EMILY NELSON-GUZMAN DIRECTOR 1.00
Director
$0 $0 $0
CARLTON KOONTZ DIRECTOR 1.00
Director
$0 $0 $0
BRITTANI GOMES DIRECTOR 1.00
Director
$0 $0 $0
SARAH AUSTIN DIRECTOR 1.00
Director
$0 $0 $0
KATHERINE RUIZ DIRECTOR 1.00
Director
$0 $0 $0
ERIN HOLDEN INTERIM MANAGING DIRECTOR 30.00
Officer
$49,305 $0 $49,305
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 $219,467 $274,948 $1,403,271 $-55,481
2024 $160,545 $288,716 $1,450,451 $-128,171
2023 $314,278 $332,975 $1,579,721 $-18,697
2022 $310,436 $342,710 $1,615,132 $-32,274
2021 $417,865 $563,556 $1,640,613 $-145,691
2020 $422,735 $505,788 $1,859,549 $-83,053
2019 $411,709 $443,322 $1,910,556 $-31,613
2018 $440,366 $399,075 $1,927,337 $41,291
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