Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 2014.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
96 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
13 people listed on the 990; $767K paid to officers and key staff.
Russell Greene’s $216K as Senior Fellow, Economic Progress is at the 6th percentile of top reported officer pay among 674 $100M+ education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 |
|---|---|---|---|
| Russell Greene | $215,967 | — | — |
| Adam Millsap | $211,788 | — | — |
| Vikrant Reddy | $200,120 | $200,120 | — |
| Michael Wilt | $169,591 | — | — |
| Nicole Gordan | $169,156 | — | — |
| Vikrant P Reddy | — | — | $165,095 |
| Emily Schofield | — | $149,117 | — |
| Nikolas Walker | — | $143,637 | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2Yes
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Connects social entrepreneurs and policy innovators with funding, incubation, talent, and strategic support to accelerate their impact on the country's toughest challenges.
Questions for The Seminar Network INC
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Stand together trust provides support to a growing network of social entrepreneurs - those tackling the major challenges of our time in a broad range of social and economic issues and works to empower them with the tools and support needed to make a far greater impact to help people improve their lives.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2023 990, line by line.
Download 990
| Line | Start FY23 | End FY23 |
|---|---|---|
| Cash and savingsLn 1–2 | $52.5M | $16.4M |
| InvestmentsLn 11–13 | $290.6M | $195.0M |
| Land, buildings, equipmentLn 10c | $1.3M | $38.8M |
| Total assetsLn 16 | $364.7M | $307.7M |
| LiabilitiesLn 26 | $35.7M | $69.9M |
| Net assetsLn 32 | $329.1M | $237.7M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $142.3M | $142.3M | ||
| Grants and assistance to foreign recipientsLn 3 | $100K | $100K | ||
| Other salaries and wagesLn 7 | $3.2M | $3.2M | $6K | |
| Pension plan contributionsLn 8 | $159K | $159K | ||
| Other employee benefitsLn 9 | $271K | $270K | $930 | |
| Payroll taxesLn 10 | $251K | $250K | $454 | |
| Legal feesLn 11b | $9K | $9K | ||
| Accounting feesLn 11c | $178K | $178K | ||
| Other fees for servicesLn 11g | $4.7M | $1.1M | $1.6M | $2.0M |
| Advertising and promotionLn 12 | $445K | $162K | $283K | |
| Office expensesLn 13 | $26K | $10K | $17K | |
| OccupancyLn 16 | $1.6M | $1.4M | $157K | |
| TravelLn 17 | $331K | $330K | $2K | |
| Conferences, conventions and meetingsLn 19 | $2.4M | $1.3M | $1.0M | $44K |
| InterestLn 20 | $39K | $39K | ||
| Depreciation, depletion and amortizationLn 22 | $1.2M | $1.2M | ||
| InsuranceLn 23 | $1K | $1K | ||
| Other expenses (24a–d)Ln 24 | $220K | $13K | $207K | |
| All other expensesLn 24e | $0 | $0 | $0 | $0 |
| Total functional expensesLn 25 | $157.4M | $150.6M | $4.7M | $2.1M |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest | $172.6M | $158.7M | $14.0M | $232.2M | 990 PDF |
| FY2023 Viewing | $58.7M | $157.4M | −$98.8M | $237.7M | 990 PDF |
| FY2022 | $63.9M | $124.2M | −$60.3M | $329.1M | 990 PDF |
| FY2021 | $278.7M | $60.6M | $218.1M | $356.9M | 990 PDF |
| FY2020 | $104.0M | $41.1M | $62.9M | $136.2M | 990 PDF |
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Schedules filed Part IV
See the full FY2023 990 (6 parts)
Part I · Summary $58,664,952 revenue, 12 lines filed
Part VI · Governance 4 of 4 board members independent, 2 to look at
Part VIII · Statement of revenue $58,664,952 across 10 lines filed
Part IX · Statement of functional expenses $157,422,681 across 19 lines filed
Part X · Balance sheet $307,658,606 assets, 23 lines filed
Part XI · Reconciliation of net assets $237,723,227 net assets at year end
Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File
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