New Seed Found FY2020 filing

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To provide relief for the disadvantaged, especially single mothers & children,to assist them to be independent and self sufficient, through model programs.

501(c)(3) charity; gifts are tax-deductible.
91¢ of each $1 spent went to programs.
$24K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $134K a year · 40% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
91%
of spending
Looks good: 91% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$24K
to officers and key staff · 25% of spending
Worth a look: pay to officers and key staff is 25% of spending; over 20%.
Pt VII · Sec A
19 mo
of spending, in cash
Looks good: 19.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $40K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$20K
3% of total assets
Looks good: liabilities are 3% of assets; 50% or less.
Pt X · Ln 26
Independent board members
2
of 3 voting members
Looks good: 2 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$190K
Spent
$97K
To programs
91%
Net assets
$561K
By yearFY2020–FY2024
Revenue
$190K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$190K
FY2021$241K
FY2022$838K
FY2023$180K
FY2024$240K
Expenses
$97K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$97K
FY2021$140K
FY2022$367K
FY2023$201K
FY2024$212K
Net assets
$561K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$561K
FY2021$663K
FY2022$1.1M
FY2023$1.0M
FY2024$1.1M

From the FY2020 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 1996.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

91 cents of each dollar spent went to programs.

Program services 91% · $88K Management & general 7% · $7K Fundraising 2% · $2K

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

3 people listed on the 990; $24K paid to officers and key staff.

Part VII, Section A · reportable compensation
Chief Executive Officer
$24,000Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2021FY2020
Joan Laurence$102,486$24,000——
Joan Lawrence——$24,000$24,000

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

Helps disadvantaged single mothers and children become independent through model programs.

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Provided by the organization

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1 program · $88K · in their own filed words · FY2020
01

To provide for children-at-risk a loving,nurturing home environment to allow them to grow toward their full POTENTIAL.WOMEN & children from dysfuntional and abusive families participate in a residential therapy PROGRAM.SINGLE mother families participate in an intensive holistic program,moving them along the continuum from crisis…

$88Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$40K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$190K
Ln 12
Gifts and grantsLn 1h$190K
Investment incomeLn 3$25
Money outPt IX
$97K
Ln 25
Programscol B$88K
Managementcol C$7K
Fundraisingcol D$2K
Owns and owesPt X
$561K
net assets · Ln 32
Cash and savingsLn 1–2$153K
Total assetsLn 16$581K
LiabilitiesLn 26$20K
PeoplePt VI, VII
3
listed · VII A
PaidVII A1
Voting boardVI 1a3
IndependentVI 1b2
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$190K
Investment incomeLn 3$25
Total revenueLn 12$190K
Assets in detailPt X, end of year
CashLn 1$153K
Cash and savings togetherLn 1–2$153K
InvestmentsLn 11–13$24K
Land, buildings, equipmentLn 10c$405K
Total assetsLn 16$581K
LiabilitiesLn 26$20K
Net assetsLn 32$561K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$47K$153K
InvestmentsLn 11–13$24K$24K
Land, buildings, equipmentLn 10c$418K$405K
Total assetsLn 16$489K$581K
LiabilitiesLn 26$20K$20K
Net assetsLn 32$469K$561K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$24K$18K$5K$1K
Legal feesLn 11b$800$800
Accounting feesLn 11c$894$894
Other fees for servicesLn 11g$704$704
Office expensesLn 13$60$60
Depreciation, depletion and amortizationLn 22$13K$13K
Other expenses (24a–d)Ln 24$57K$57K$283
Total functional expensesLn 25$97K$88K$7K$2K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Nov 16, 2025 $240K$212K$28K$1.1M 990 PDF
FY2023Filed with the IRS Nov 13, 2024 $180K$201K−$22K$1.0M 990 PDF
FY2022Filed with the IRS Nov 15, 2023 $838K$367K$471K$1.1M 990 PDF
FY2021Filed with the IRS Aug 1, 2022 $241K$140K$101K$663K 990 PDF
FY2020 ViewingFiled with the IRS Oct 28, 2021 $190K$97K$93K$561K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $189,525 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $157,728$189,500
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $23$25
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $157,751$189,525
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $24,000$24,000
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $156,699$72,805
I-18 Total expensesPrior year $180,699$96,805
I-19 Revenue less expensesPrior year −$22,948$92,720
Part VI · Governance 2 of 3 board members independent, 5 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members2
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
Part VIII · Statement of revenue $189,525 across 4 lines filed
VIII-1f All other contributions, gifts and grants$189,500
VIII-1h Total contributions, gifts and grants$189,500
VIII-3 Investment incomeUnrelated business $25$25
VIII-12 Total revenueRelated to mission $0 · Unrelated business $25 · Excluded from tax $0$189,525
Part IX · Statement of functional expenses $96,805 across 7 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $18,000 · Management $4,800 · Fundraising $1,200$24,000
IX-11b Legal feesManagement $800$800
IX-11c Accounting feesManagement $894$894
IX-11g Other fees for servicesFundraising $704$704
IX-13 Office expensesManagement $60$60
IX-22 Depreciation, depletion and amortizationPrograms $13,064$13,064
IX-24 Other expenses (24a–d)Programs $57,000 · Management $283$57,283
IX-25 Total functional expensesPrograms $88,064 · Management $6,837 · Fundraising $1,904$96,805
Part X · Balance sheet $581,418 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $47,141$152,925
X-10c Land, buildings and equipment, netStart of year $418,038$404,974
X-11 Publicly traded securitiesStart of year $23,519$23,519
X-16 Total assetsStart of year $488,698$581,418
X-24 Unsecured notes and loans payableStart of year $20,000$20,000
X-26 Total liabilitiesStart of year $20,000$20,000
X-32 Total net assets or fund balancesStart of year $468,698$561,418
X-33 Total liabilities and net assetsStart of year $488,698$581,418
Part XI · Reconciliation of net assets $561,418 net assets at year end
XI-1 Total revenue$189,525
XI-2 Total expenses$96,805
XI-3 Revenue less expenses$92,720
XI-4 Net assets at start of year$468,698
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$561,418

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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