SEEDMONEY

EIN: 562389230 501(c)(3) Environment

Scarborough, ME

Total Revenue
$498,886
Total Expenses
$609,444
Total Assets
$664,245
Net Assets
$662,436
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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
2003
Legal Domicile
ME
Principal Officer
Roger Doiron
Phone
2079560606
Tax Period
2023-07-01 to 2024-06-30

SEEDMONEY, founded in 2003, is a small nonprofit in the Environment sector that reported $499K in total revenue in fiscal year 2023. Revenue fell 42% from the prior year — a significant decline worth monitoring. Expenses of $609K exceeded revenue, resulting in a 22% operating deficit.

Mission

SeedMoney improves the health of people, local communities and the planet by empowering public food gardens and farms to start up and thrive. We do this by partnering with and providing financial and technical support to various small, nonprofit causes interested in starting or sustaining a food garden project in their communities. Our partners include food banks, schools, and community gardens, among others.

Program Service Accomplishments

Program 1
Expenses: $32,330 Revenue: $32,330

Education and outreach. Through our website, emails, social networking platforms, online videos, conferences, and media outreach, we reached several thousands of people about the health and social...

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Education and outreach. Through our website, emails, social networking platforms, online videos, conferences, and media outreach, we reached several thousands of people about the health and social benefits of food gardens.

Program 2
Expenses: $506,508 Revenue: $506,508

In 2022-23, SeedMoney supported 585 nonprofit food, farm, and garden projects through our annual SeedMoney Challenge. Of these, 352 received challenge grants, and 389 received planning grants, which...

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In 2022-23, SeedMoney supported 585 nonprofit food, farm, and garden projects through our annual SeedMoney Challenge. Of these, 352 received challenge grants, and 389 received planning grants, which included free access to garden planning software, technical support, and educational resources. Collectively, participating projects raised $467,663 through crowdfunding and grants. Projects spanned 47 U.S. states and 40 countries and included food bank, school, shelter, and community gardens. These efforts helped communities grow healthier food, strengthen local food systems, and promote environmental sustainability.

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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 (2023)

Revenue Breakdown

Contributions & Grants $466,234
Program Service Revenue $0
Investment Income $32,652
Other Revenue $0
TOTAL REVENUE $498,886

Expense Breakdown

Grants Paid $465,056
Salaries & Benefits $129,101
Fundraising Expenses $32,336
Program Expenses $538,838
Other Expenses $15,226
TOTAL EXPENSES $609,444

Year-over-Year Comparison

2023 2022 Change
Revenue $498,886 $866,753 -0.4%
Expenses $609,444 $617,518 0.0%
Net Income $-110,558 $249,235 -1.4%
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
4
Employees
1
Volunteers
350

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
$117,000
Total Directors
5
$117,000
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Roger Doiron Founding Director 50
Officer Director Highest
$117,000 $0 $117,000
Jan Maes Board Member 2
Officer Director
$0 $0 $0
Laura Willett Board Member 2
Director
$0 $0 $0
Prajakta Patil Board Member 2
Director
$0 $0 $0
Laura Miles Board Member 2
Officer 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
2025 No data No data No data No data
2024 $498,886 $609,444 $664,245 $-110,558
2023 $866,753 $617,518 $773,287 $249,235
2022 $738,668 $638,173 $608,408 $100,495
2021 $711,401 $570,811 $478,604 $140,590
2021 $711,401 $570,811 $478,604 $140,590
2020 $572,546 $361,709 $313,514 $210,837
2019 $289,204 $280,957 $102,677 $8,247
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