Civic Intelligence

The Seedling Foundation of Dayton Ohio

990 • Fiscal year 2021 • EIN 31-1427991

Jul 01, 2020 to Jun 30, 2021 • Filed on May 08, 2022

PO Box 1858Dayton, OH 45401

(937) 542-7380

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

17th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

17th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

75th percentile

32%

Higher net margin than 75% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

51st percentile

$60,000

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 21.9% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

73rd percentile

24%

Faster asset growth than 73% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

76th percentile

50%

Faster revenue growth than 76% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$2,339,437

Up $458,893 (+24%) from 2020

Net Assets

Up

$2,339,437

Up $458,893 (+24%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Up

$273,703

Up $91,814 (+50%) from 2020

Expenses

Down

$186,416

Down $73,688 (-28%) from 2020

Net Income

Up

$87,287

Up $165,502 (+212%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2013: $201,203Liabilities 2013: $30Net Assets 2013: $201,1732013Assets 2014: $355,397Liabilities 2014: $30Net Assets 2014: $355,3672014Assets 2015: $308,082Liabilities 2015: $0Net Assets 2015: $308,0822015Assets 2016: $1,684,256Liabilities 2016: $0Net Assets 2016: $1,684,2562016Assets 2017: $2,014,748Liabilities 2017: $0Net Assets 2017: $2,014,7482017Assets 2018: $1,872,424Liabilities 2018: $0Net Assets 2018: $1,872,4242018Assets 2019: $1,886,908Liabilities 2019: $0Net Assets 2019: $1,886,9082019Assets 2020: $1,880,544Liabilities 2020: $0Net Assets 2020: $1,880,5442020Assets 2021: $2,339,437Liabilities 2021: $0Net Assets 2021: $2,339,4372021Assets 2022: $1,939,547Liabilities 2022: $0Net Assets 2022: $1,939,5472022Assets 2023: $2,077,923Liabilities 2023: $0Net Assets 2023: $2,077,9232023

Highlighted filing

2021

Assets$2,339,437
Liabilities$0
Net Assets$2,339,437

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.0M$0-$1.0MExpenses 2013: $342,7422013Revenue 2014: $533,300Expenses 2014: $393,701Net Income 2014: $139,5992014Revenue 2015: $527,314Expenses 2015: $573,536Net Income 2015: -$46,2222015Revenue 2016: $1,766,077Expenses 2016: $427,639Net Income 2016: $1,338,4382016Revenue 2017: $665,927Expenses 2017: $466,261Net Income 2017: $199,6662017Revenue 2018: $301,444Expenses 2018: $604,719Net Income 2018: -$303,2752018Revenue 2019: $383,416Expenses 2019: $478,779Net Income 2019: -$95,3632019Revenue 2020: $181,889Expenses 2020: $260,104Net Income 2020: -$78,2152020Revenue 2021: $273,703Expenses 2021: $186,416Net Income 2021: $87,2872021Revenue 2022: $325,958Expenses 2022: $264,658Net Income 2022: $61,3002022Revenue 2023: $312,651Expenses 2023: $335,037Net Income 2023: -$22,3862023

Highlighted filing

2021

Revenue$273,703
Expenses$186,416
Net Income$87,287
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 8, 2022
Return Version
2020v4.1
Gross Receipts
$273,703
Mission and Program Overview

Mission

The seedling foundation is a non-profit 501c3 organization establishedto benefit students at a public magnet school for the arts.

The seedling foundation of dayton ohio is a non-profit 501c3 organization establishedto benefit students at a public magnet school for the arts.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$1,547,927$1,909,197▲ $361,270
Cash and Non-Interest-Bearing Accounts$190,715$287,254▲ $96,539
Land, Buildings, and Equipment, Net$76,048$76,048→ $0
Savings and Temporary Cash Investments$65,854$66,938▲ $1,084
Total Assets$1,880,544$2,339,437▲ $458,893
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,527,946$1,991,321▲ $463,375
Net Assets Without Donor Restrictions$352,598$348,116▼ $4,482
Total Net Assets Fund Balance$1,880,544$2,339,437▲ $458,893
Total Liabilities and Net Assets / Fund Balance$1,880,544$2,339,437▲ $458,893

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$60,838-$60,838
Land$15,210-$15,210
Investment Program Related Org$1,909,197--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Dave DrerupExecutive DirectorFT$60,000$60,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$250,581
Program Service Revenue
$606
Investment Income
$22,516
Other Revenue
$0
All Other Contributions
$250,581
Change in Net Assets
$87,287
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$77,619
Grants and Similar Amounts Paid$73,866
Other Expenses$34,931
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$73,866--$73,866
Current Officers, Directors, Trustees, and Key Employees$54,000$6,000-$60,000
Fees for Service Investment Mgmnt Fees-$29,585-$29,585
Other Salaries and Wages$12,103--$12,103
Payroll Taxes$5,057$459-$5,516
Office Expenses-$2,848-$2,848
Fees for Services Other-$1,498-$1,498
Insurance-$1,000-$1,000
Total Functional Expenses$145,026$41,390$0$186,416
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

Form 990 is provided to the executive director who distributes it to the appropriate board members for review.

Conflict of interest policy compliance Part VI line 12C

Board conflict of interest disclosures are submitted to staff and periodically reviewed.

CEO executive director top management comp Part VI line 15A

A selection of board members examines executive director compensation at time of hire in comparison to external information for similar organizations and local nonprofits while considering the organizations available and budgeted funds. Performance reviews are conducted annually. Changes to compensation are also determined with regard to available and budgeted funds and/or changes in executive directors duties.

Governing documents etc available to public Part VI line 19

Governing documents and policies are available to the public upon request. The organizations website and social media pages also provide publicly dispersed contact information.

Filing and Contact Details

Filer

Filer Name
The Seedling Foundation of Dayton Ohio
EIN
31-1427991
Address
PO BOX 1858, DAYTON, OH 45401

Signing Officer

Name
David J Drerup
Title
Executive Direc
Phone
9374799498
Signed
2022-05-08
Discuss with paid preparer
Yes

Organization Details

Formed
1995
Legal Domicile
Oh
Voting Board Members
8
Independent Board Members
8
Employees
11
Volunteers
50

Preparer

Firm
Ellen S Fodge CPA LLC
Address
356 CLARANNA AVE, Dayton, OH 45419
Preparer
Ellen S Fodge CPA
Phone
9372993816
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

Adjustments for timing differences for cash basis 990 report. $2071

Raw XML Appendix399 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD CONFLICT OF INTEREST DISCLOSURES ARE SUBMITTED TO STAFF AND PERIODICALLY REVIEWED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A SELECTION OF BOARD MEMBERS EXAMINES EXECUTIVE DIRECTOR COMPENSATION AT TIME OF HIRE IN COMPARISON TO EXTERNAL INFORMATION FOR SIMILAR ORGANIZATIONS AND LOCAL NONPROFITS WHILE CONSIDERING THE ORGANIZATIONS AVAILABLE AND BUDGETED FUNDS. PERFORMANCE REVIEWS ARE CONDUCTED ANNUALLY. CHANGES TO COMPENSATION ARE ALSO DETERMINED WITH REGARD TO AVAILABLE AND BUDGETED FUNDS AND/OR CHANGES IN EXECUTIVE DIRECTORS DUTIES.
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ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE SEEDLING FOUNDATION OF DAYTON OHIO
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