Sead Project FY2022 filing
Offers creative workshops and tools for Southeast Asian diaspora communities to share knowledge. For fiscal year 2022 it reported $668K in revenue, $553K in expenses, and $365K in net assets.Pt I
- Founded
- 2015
- Type
- Public charity (501(c)(3)) · Public & Societal Benefit
- Location
- Minneapolis, MN
- Website
- theseadproject.org
- Filings
- 4 on file (2021–2022)
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Summary of the Filing
Where the work happens
Planting Seads
Narrative storytelling program gathers and amplifies stories and space for southeast asian narratives to thrive, mobilize and heal through conversations, digital and print publications, and storytelling tools and has multiple projects under its program.
Sea Roots
Southeast asian heritages & languages program teaches language and cultural literacy workshops in hmong, khmer, lao and vietnamese. Includes workshops in southeast asian languages: 8-WEEKS language literacy intensives for those who want to learn an introduction and foundations in reading, writing, speaking.
Sea change lab is a cohort-based program aimed at growing social empowerment and leadership development through creative storytelling in young people with heritage roots in southeast asia (burmese, cambodian, hmong, karenni, lao, vietnamese, etc); specifically youth and young adults ages 18-25.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Kaysone Syonesa Schneider’s $76K as Co-Director is at the 61st percentile of top reported officer pay among 1033 $100K–1M public & societal benefit 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 · 6 named individuals · Part VII
| Name | FY2024 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Chanida Potter | — | — | — | $80,527 | $58,750 |
| Kaysone Syonesa Schneider | $75,519 | $75,000 | $75,000 | — | — |
| Jessica Eckerstorfer | $67,129 | $66,674 | $69,342 | — | — |
| Jessica Eckerstorfer | — | — | — | $20,849 | — |
| Juanita Vang | $14,467 | — | — | — | — |
| Kaysone Syonesa | — | — | — | $6,826 | — |
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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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 67% | — | — |
| Overhead ratio | 21% | — | — |
| Fundraising cost ratio | 12% | — | — |
| Revenue growth | -5% | — | — |
| Investment management fee ratio | 0% | — | — |
| Legal fee ratio | 1% | — | — |
| Accounting fee ratio | 1% | — | — |
| Fundraising fee ratio | 3% | — | — |
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
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Filings & Schedule Manifest
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Sources
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