Seres Global EIN 47-1287984

Seres Global

EIN  47-1287984 Public charity (501(c)(3)) Spokane, WA
Form 990 (PDF) Compare with another nonprofit →
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Size
<$100K
What they do
Educates and empowers young people to lead climate resilience and sustainability efforts.
Leadership
Kathy Ruhf · Board Member
Money in and out
$40K revenue, $125K expenses
Bottom line
94% program efficiency

Educates and empowers young people to lead climate resilience and sustainability efforts. For fiscal year 2024 it reported $40K in revenue, $125K in expenses, and $159K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$40K
Pt VIII · Ln 12
Total expenses
$125K
Pt IX · Ln 25
Net assets
$159K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$84K
Where spending went · Part IX cols B–D
Program services $0.94 Management & general $0.01 Fundraising $0.05
Program efficiency
94%
of spending reaches programs▼ -3% vs prior filing year
Operating runway
15.2mo
months of highly liquid reserves at operating expense rate▼ -15% vs prior filing year
Surplus margin
-209%
revenue over expenses, this year▼ -591% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$40K
FY2024▼ -68%
Expenses
$125K
FY2024▼ -23%
Total assets
$159K
FY2024▼ -35%
Total liabilities
$0
FY2024
Total revenue
$40K
Pt VIII · Ln 12
Total expenses
$125K
Pt IX · Ln 25
Net assets
$159K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$84K
Total assetsPt X · Ln 16$159K
Program-expense ratioPt IX · col B94%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49
Mission & Programs · Part III

Where the work happens

3 program services account for $117K of program spending, described in the organization's own filed words · FY2024.
01

Grant to asociacion seres. Asociacion seres marginalized youth in central america north triangle primary guatemala and el salvador. Asociacion seres offers programs in youth leadership development and sustainability education, helping provide youth people with the skills and tools to stay home and build healthy, sustainable communities.

$60Kprogram expense
02

Service agreement with asociacion seres. This service agreement was for the supervision and oversight of seres global grantee partner in country, as well as the creation of new partners and investigation into further collaboration opportunities.

$50Kprogram expense
03

Grant to asociacion seres. Asociacion seres supports the development of ulew fuego, and agricultural sustainability education center for youth and farmers in central america. During 2024, the grant supported the training activities in apiculture, collective sustainable plots, exotic fruit such as passion fruit for market sales, and…

$7Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSeres Global
EINHdr · item D47-1287984
Principal addressHdr · item CSpokane, WA
WebsiteHdr · item Jwww.seres.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MWA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEnvironment (C30)
Ruling yearIRS BMFOct 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Board Member
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$37K · 93%
Investment income$3K · 7%
Contributions & grants93%$37K
Investment income7%$3K
Total revenueLn 12$40K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.94 Management & general $0.01 Fundraising $0.05
Program services94%$117K
Management & general1%$1K
Fundraising5%$6K
Total functional expensesLn 25$125K

Balance Sheet

Part X · end of year
CashLn 1$158K
Total assetsLn 16$159K
Total liabilitiesLn 26$0
Total net assetsLn 32$159K
Months of cash on handcomputed15.2

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $158K · Operating expenses/yr $125K
15.2 months
Where the money goes
Program services
Program services $117K · Total expenses $125K
94%
Management & General
Management & general $1K · Total expenses $125K
1%
Fundraising
Fundraising $6K · Total expenses $125K
5%
Cost to raise $1
Fundraising expense (3-yr avg) $4K · Solicited contributions (3-yr avg) $70K
$0.06 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $37K · Total revenue $40K
93%
Government reliance
Government grants — · Total revenue $40K
Earned-income share
Program service revenue $0 · Total revenue $40K
0%
Investment reliance
Investment income $3K · Total revenue $40K
+7%
Program self-sufficiency
Program service revenue $0 · Total expenses $125K
0%
Growth & trend
Revenue growth (YoY)
This year $40K · Prior year $125K
-68%
Revenue CAGR
FY2020 $113K · FY2024 $40K
-23%
Net-asset trend (YoY)
End of year $159K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $40K · Expenses $125K
-209%
Liabilities-to-Assets
Total liabilities — · Total assets $159K
Net-asset ratio
Net assets $159K · Total assets $159K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $159K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Kathy Ruhf · Reported title BOARD MEMBER · Highest reported compensation $0 · Total expenses $125K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $125K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 94%
Overhead ratio 1%
Fundraising cost ratio 16%
Revenue growth -68%
Accounting fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$1K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$40K revenue · viewing · ⤓ 990 PDF
FY2023$125K revenue · ⤓ 990 PDF
FY2022$52K revenue · ⤓ 990 PDF
FY2021$115K revenue · ⤓ 990 PDF
FY2020$113K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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