Sowing Seeds with Faith Inc

EIN: 814862518 501(c)(3) Education

Louisville, KY

Total Revenue
$776,022
Total Expenses
$738,078
Total Assets
$307,822
Net Assets
$307,822
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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
2017
Legal Domicile
KY
Phone
5029303478
Tax Period
2023-01-01 to 2023-12-31

Sowing Seeds with Faith Inc, founded in 2017, is a small nonprofit in the Education sector that reported $776K in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $738K left a modest 5% surplus.

Mission

Exempt Purpose Preparing diverse youth for the adverse moments in life.

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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 $739,649
Program Service Revenue $36,373
Investment Income $0
Other Revenue $0
TOTAL REVENUE $776,022

Expense Breakdown

Grants Paid $27,715
Salaries & Benefits $132,023
Fundraising Expenses $962
Program Expenses $558,972
Other Expenses $578,340
TOTAL EXPENSES $738,078

Year-over-Year Comparison

2023 2022 Change
Revenue $776,022 $661,099 +0.2%
Expenses $738,078 $567,885 +0.3%
Net Income $37,944 $93,214 -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
2
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
0
$0
Total Directors
12
$100,911
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DaMarrion Fleming Executive Director 40
Director
$62,216 $0 $62,216
Davin Belt Program Director 40
Director
$38,695 $0 $38,695
Kenneth Allen President 2
Director
$0 $0 $0
Alesha Frazier Secretary 2
Director
$0 $0 $0
Annabelle Pile Treasurer 2
Director
$0 $0 $0
Schaka Davis Director 2
Director
$0 $0 $0
Robert Gunn Director 2
Director
$0 $0 $0
Adrian Boone Director 2
Director
$0 $0 $0
Kristia Ratherford Director 2
Director
$0 $0 $0
Tarica Dow Director 2
Director
$0 $0 $0
Floyd Craig Director 2
Director
$0 $0 $0
Erin Pages Director 2
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 No data No data No data No data
2023 $776,022 $738,078 $307,822 $37,944
2022 $661,099 $567,885 $262,531 $93,214
2021 $396,702 $460,207 $168,342 $-63,505
2020 $453,025 $239,222 $235,656 $213,803
2019 $205,455 $225,006 $17,973 $-19,551
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