SEEDAI INC (EIN 872823586) - Form 990 Financial Analysis & Trantor Score

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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

2021

Legal Domicile

Principal Officer

AUSTIN CARSON

Phone

5712356103

Tax Period

2024-01-01 to 2024-12-31

SEEDAI INC, founded in 2021, is a community nonprofit in the Science & Technology sector that reported $2.6M in total revenue in fiscal year 2024. Revenue surged 74% from the prior year, signaling strong growth momentum. Expenses of $2.3M left a modest 10% surplus.

Mission

SEEDAI IS A NON-PROFIT ORGANIZATION THAT WORKS AT THE FOREFRONT OF ARTIFICIAL INTELLIGENCE, POLICY AND GOVERNANCE, COLLABORATING WITH POLICYMAKERS, SCIENTISTS, ACADEMICS, AND THE PRIVATE SECTOR TO DESIGN POLICIES, PROGRAMS, AND TOOLS TO ENSURE AI BENEFITS ALL AMERICANS. SEEDAI'S MISSION IS TO CULTIVATE A FOUNDATION FOR BROAD PARTICIPATION IN AI DEVELOPMENT AND GOVERNANCE ACROSS AMERICA BY BUILDING REGIONAL AI CAPACITY AND FOSTERING COMMUNITY ENGAGEMENT.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,586,716

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,586,716

Expense Breakdown

Grants Paid $37,500

Salaries & Benefits $826,137

Fundraising Expenses $26,408

Program Expenses $2,004,146

Other Expenses $1,474,545

TOTAL EXPENSES $2,338,182

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,586,716	$1,486,325	+0.7%
Expenses	$2,338,182	$1,881,027	+0.2%
Net Income	$248,534	$-394,702	-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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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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$190,000

Total Directors

$190,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AUSTIN CARSON	PRESIDENT/CE	40.00	Officer Director	$190,000	$0	$190,000
JACK CLARK	SECRETARY	1.00	Officer Director	$0	$0	$0
SHANE TEWS	TREASURER	1.00	Officer Director	$0	$0	$0
TIFFANY M MOORE	BOARD MEMBER	1.00	Director	$0	$0	$0
KELLEE WICKER	BOARD MEMBER	1.00	Director	$0	$0	$0
TYRANCE BILLINGSLEY	BOARD MEMBER	1.00	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	$2,586,716	$2,338,182	$296,862	$248,534
2023	$1,486,325	$1,881,027	$82,619	$-394,702
2022	$203,000	$252,501	$56,686	$-49,501
2021	$87,380	$14,717	$72,663	$72,663

SEEDAI INC