Civic Intelligence

Seed Systems Group Inc.

990 • Fiscal year 2021 • EIN 35-2651768

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 15, 2022

67 Magadi Close Lakeview EstatesNairobiKe

(202) 862-7851

Siviq Scores

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

Liabilities / Assets

91st percentile

0.82x

Higher debt load relative to assets than 91% of similar nonprofits.

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

Liabilities / Revenue

98th percentile

9.92x

Higher debt load relative to revenue than 98% of similar nonprofits.

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

Net Margin

29th percentile

1.6%

Higher net margin than 29% of similar nonprofits.

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

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

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

Asset Growth

100th percentile

4558%

Faster asset growth than 100% of similar nonprofits.

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

Revenue Growth

78th percentile

54%

Faster revenue growth than 78% of similar nonprofits.

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

Assets

Up

$2,790,130

Up $2,730,225 (+4558%) from 2020

Net Assets

Up

$498,106

Up $438,201 (+731%) from 2020

Liabilities

Up

$2,292,024

Up $2,292,024 from 2020

Revenue

Up

$230,993

Up $80,548 (+54%) from 2020

Expenses

Down

$227,302

Down $50,191 (-18%) from 2020

Net Income

Up

$3,691

Up $130,739 (+103%) 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 2019: $0Liabilities 2019: $0Net Assets 2019: $02019Assets 2020: $59,905Liabilities 2020: $0Net Assets 2020: $59,9052020Assets 2021: $2,790,130Liabilities 2021: $2,292,024Net Assets 2021: $498,1062021Assets 2022: $2,979,592Liabilities 2022: $2,875,715Net Assets 2022: $103,8772022Assets 2023: $2,925,461Liabilities 2023: $2,750,265Net Assets 2023: $175,1962023Assets 2024: $1,277,748Liabilities 2024: $0Net Assets 2024: $1,277,7482024

Highlighted filing

2021

Assets$2,790,130
Liabilities$2,292,024
Net Assets$498,106

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2019: $451,105Expenses 2019: $451,105Net Income 2019: $02019Revenue 2020: $150,445Expenses 2020: $277,493Net Income 2020: -$127,0482020Revenue 2021: $230,993Expenses 2021: $227,302Net Income 2021: $3,6912021Revenue 2022: $315,301Expenses 2022: $242,329Net Income 2022: $72,9722022Revenue 2023: $321,125Expenses 2023: $243,562Net Income 2023: $77,5632023Revenue 2024: $1,482,938Expenses 2024: $271,968Net Income 2024: $1,210,9702024

Highlighted filing

2021

Revenue$230,993
Expenses$227,302
Net Income$3,691
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 15, 2022
Return Version
2021v4.2
Gross Receipts
$230,993
Mission and Program Overview

Mission

The Charity is organized and operate din order to increase the production of food crops by poor, smallholder farmers in under-developed countries in order to allow them to improve their nutritional and economic wellbeing. The Charity shall pursue these aims in countries and regions of the world where access to food for a balanced, nutritious diet is insufficient and where improved agricultural practices have the potential to lift rural families out of poverty. The Charity shall provide financial and technical support for the breeding of new varieties of food crops adapted to local conditions. It shall also provide financial and technical support to create a system of supplying seed from the new crop varities among poor smallholder farmers. In order to improve awareness of the value of the seed from these new crop varieties, the Charity shall also provide financial and technical support for demonstrations and training of farmers related to the new crop varieties in areas where poor smal

SEE SCHEDULE O.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$59,905$1,141,622▲ $1,081,717
Pledges and Grants Receivable$0$487,508▲ $487,508
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$59,905$2,790,130▲ $2,730,225
Other Assets Total$0$1,161,000▲ $1,161,000
Liabilities
Deferred Revenue$0$1,315,204▲ $1,315,204
Other Liabilities$0$887,286▲ $887,286
Accounts Payable and Accrued Expenses$0$89,534▲ $89,534
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$2,292,024▲ $2,292,024
Net Assets / Fund Balance
Net Assets With Donor Restrictions$0$487,508▲ $487,508
Net Assets Without Donor Restrictions$59,905$10,598▼ $49,307
Total Net Assets Fund Balance$59,905$498,106▲ $438,201
Total Liabilities and Net Assets / Fund Balance$59,905$2,790,130▲ $2,730,225

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$1,161,000--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Dr Namanga NgongiBoard Chairperson
Dr Joseph DevriesPresident
ALINE O'CONNORBoard Secretary
Dr Wilson SongaBoard Treasurer
Mr Paul TikaniChief Operating Officer
Revenue and Support

Revenue Composition

Contributions and Grants
$230,926
Program Service Revenue
$0
Investment Income
$67
Other Revenue
$0
All Other Contributions
$230,926
Change in Net Assets
$3,691
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$227,302
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$145,745$5,000$0$150,745
Fees for Services Accounting-$4,464-$4,464
Fees for Services Legal-$2,233-$2,233
Office Expenses-$397-$397
Other Expenses$69,313$150-$150
Total Functional Expenses$215,058$12,244$0$227,302
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payable - Seed Systems Development Kenya$887,286
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
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, PART VI, LINE 12A:

Ssg's human resources policies and procedures guidelines requires ssg personnel to uphold and promote the highest standards of ethical and professional conduct, and carry out their duties with honesty, integrity and professionalism. It states that it is critical for staff to avoid conflicts of interest, or even the appearance of a conflict, between their personal interests and their professional responsibilities. Should there be a potential or actual conflict of interest, staff must declare that interest to their manager. They cannot be involved in any decision to select a business they have any interest in as a ssg vendor, or recruit any related staff, nor can they serve in a role that either oversees any services or products provided to ssg by the business or employee, or process payments to them. Ssg prohibits the recruitment of immediate family members. All applicants for a ssg position must disclose whether they are related to any ssg staff member or contractor. While the spouses of ssg personnel may be hired, the serving ssg spouse cannot participate in the recruitment process. Spouses cannot work in the same unit or line of authority, and there can be no supervisory relationship between them. Staff are required to exercise care with regard to intimate relationships in the workplace. While it is inadvisable to enter into romantic relations with a co-worker in their unit, they must not engage in such a relationship with a subordinate or someone in in their reporting line, or where it makes it difficult to maintain their professionalism and objectivity. Gifts, awards, entertainment, hospitality and so on, are sensitive ethical issues at ssg. As a general rule, you may not accept gifts, honours, awards, hospitality, travel, favours, or supplementary payments (with the exception of pension payments), from a government source. There is even a stricter standard for staff and other personnel involved in procurement - no gifts, hospitality, etc. Whatsoever are permitted from outside sources. It is permissible to exchange modest gifts with other ssg colleagues so long as they are freely given, without coercion, of nominal value (below us$30) and not offered to influence a colleague in his/her official decision-making. Ssg supports personnel's right to vote and encourages them to do so. They are also permitted to belong to a political party provided that such membership does not entail action, or an obligation to take action, inconsistent with, (or that would reflect adversely upon), i. The independence and impartiality required by their ssg position and status (e.g., racist parties, or groups that advocate violence) or ii. Any conditions of their visa, if applicable. Finally, because their first priority and their first loyalty are to ssg, they should not have any financial interests that may profit, or appear to benefit, from their ssg work. Designated personnel and those whose principal duties involve procurement and investment are required to disclose annually their assets and liabilities (as well as those held by their immediate family members), and any outside activities and affiliations. Where ssg detects a potential conflict, coo will issue guidance which may include having them cease certain outside activities or requiring that they divest certain financial holdings.

Filing and Contact Details

Filer

Filer Name
Seed Systems Group Inc
EIN
35-2651768
In Care Of
% BRIDGET KIPTANUI
Phone
2028627851
Address
KE

Signing Officer

Name
Dr Wilson Songa
Title
Treasurer
Phone
2028627851
Signed
2022-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Wilson Songa
Formed
2019
Legal Domicile
Dc
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
Bdo USA Llp
Address
8401 GREENSBORO DRIVE 800, MCLEAN, VA 22102
Preparer
Marc Berger
Phone
7038930600
Supplemental Narrative

Additional Explanations

FORM 990, PART I, LINE 1:

The seed systems group works to establish regular, dependable supply of high-yielding, resilient seed of a wide range of food crops among poor, smallholder farmers to help them improve their crop yields, nutritional status, and income.

FORM 990, Part III, Line 1 - Organization'S Mission

The charity is organized and operated in order to increase the production of food crops by poor, smallholder farmers in under-developed countries in order to allow them to improve their nutritional and economic wellbeing. The charity shall pursue these aims in countries and regions of the world where access to food for a balanced, nutritious diet is insufficient and where improved agricultural practices have the potential to lift rural families out of poverty. The charity shall provide financial and technical support for the breeding of new varieties of food crops adapted to local conditions. It shall also provide financial and technical support to create a system of supplying seed from the new crop varities among poor smallholder farmers. In order to improve awareness of the value of the seed from these new crop varieties, the charity shall also provide financial and technical support for demonstrations and training of farmers related to the new crop varieties in areas where poor smallholder farmers live. The charity plans to achieve its goals through various forms of intervention, including advocacy, grant making, conducting analysis, and providing technical advice and assistance. The charity intends to conduct its activities in 16 countries.

Form 990, Part III, Line 4A, Program Service:

Seed Systems Group, Inc. ("SSG") is a non-profit, technical assistance organization registered in the US and headquartered in Nairobi. SSG's work is systemic in approach, investing in capable, well-placed local actors and providing them with technical training and assistance to establish a public-private model for sustainable seed supply among poor, smallholder farmers in Africa. IN 2021, WE IMPLEMENTED THE "BUILDING BACK BETTER: RURAL LIVELIHOODS RECOVERY INITIATIVE FOR THE GREATER HORN OF AFRICA". THIS INTENSIVE SEED SYSTEMS INITIATIVE, FUNDED BY THE INTERNATIONAL FUND FOR AGRICULTURAL DEVELOPMENT'S (IFAD'S) RURAL POOR STIMULUS FACILITY, HAS REACHED OVER 100,000 FARMERS DIRECTLY WITH IMPROVED SEED AND IS ON-TRACK TO PRODUCE OVER 2,500 METRIC TONS OF CERTIFIED SEED OF IMPROVED, CLIMATE RESILIENT VARIETIES REPRESENTING A WIDE RANGE OF NUTRITIOUS CROPS BY DECEMBER 2022. THIS SEED IS SUFFICIENT TO PLANT 170,000 HECTARES AND PRODUCE AN ESTIMATED 200,000 METRIC TONS OF ADDITIONAL GRAINS AND VEGETABLES FOR CONSUMPTION BY RURAL FAMILIES. WE ALSO REVIEWED AGRA'S CONSORTIUM MODEL FOR COMPETITIVE AGRI-FOOD SYSTEMS IN AFRICA IN PARTNERSHIP WITH CORNELL UNIVERSITY AND SATHGURU. THE CONSORTIUM'S DESIGN BRINGS ALL PLAYERS IN AGRI-FOOD SYSTEMS INTO EFFECTIVE, PRODUCTIVE PARTNERSHIP AND CONVERGES ECONOMIC, SOCIAL, POLITICAL, AND PRIVATE ENTERPRISE INTERESTS TO ATTRACT CONTINUED ENGAGEMENT OF PARTNERS. THE MODEL AIMS TO EXPAND VALUE CREATION ACROSS COUNTRIES IN AFRICA THROUGH A STAGED PROCESS, CHOOSING PRIORITY COUNTRIES IN WHICH TO PLACE RESOURCES OVER THE NEXT TEN YEARS.

Form 990, Part XII, Line 1:

Seed Systems Group, Inc. has revised the accounting method used to prepare Form 990 from "cash" to "accrual" in order to align the filing with the accounting method used by the Organization to maintain its books and records.

Form 990 Part IX Line 11G

Description:consulting total fees:150745

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE SEED SYSTEMS GROUP WORKS TO ESTABLISH REGULAR, DEPENDABLE SUPPLY OF HIGH-YIELDING, RESILIENT SEED OF A WIDE RANGE OF FOOD CROPS AMONG POOR, SMALLHOLDER FARMERS TO HELP THEM IMPROVE THEIR CROP YIELDS, NUTRITIONAL STATUS, AND INCOME.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CHARITY IS ORGANIZED AND OPERATED IN ORDER TO INCREASE THE PRODUCTION OF FOOD CROPS BY POOR, SMALLHOLDER FARMERS IN UNDER-DEVELOPED COUNTRIES IN ORDER TO ALLOW THEM TO IMPROVE THEIR NUTRITIONAL AND ECONOMIC WELLBEING. THE CHARITY SHALL PURSUE THESE AIMS IN COUNTRIES AND REGIONS OF THE WORLD WHERE ACCESS TO FOOD FOR A BALANCED, NUTRITIOUS DIET IS INSUFFICIENT AND WHERE IMPROVED AGRICULTURAL PRACTICES HAVE THE POTENTIAL TO LIFT RURAL FAMILIES OUT OF POVERTY. THE CHARITY SHALL PROVIDE FINANCIAL AND TECHNICAL SUPPORT FOR THE BREEDING OF NEW VARIETIES OF FOOD CROPS ADAPTED TO LOCAL CONDITIONS. IT SHALL ALSO PROVIDE FINANCIAL AND TECHNICAL SUPPORT TO CREATE A SYSTEM OF SUPPLYING SEED FROM THE NEW CROP VARITIES AMONG POOR SMALLHOLDER FARMERS. IN ORDER TO IMPROVE AWARENESS OF THE VALUE OF THE SEED FROM THESE NEW CROP VARIETIES, THE CHARITY SHALL ALSO PROVIDE FINANCIAL AND TECHNICAL SUPPORT FOR DEMONSTRATIONS AND TRAINING OF FARMERS RELATED TO THE NEW CROP VARIETIES IN AREAS WHERE POOR SMALLHOLDER FARMERS LIVE. THE CHARITY PLANS TO ACHIEVE ITS GOALS THROUGH VARIOUS FORMS OF INTERVENTION, INCLUDING ADVOCACY, GRANT MAKING, CONDUCTING ANALYSIS, AND PROVIDING TECHNICAL ADVICE AND ASSISTANCE. THE CHARITY INTENDS TO CONDUCT ITS ACTIVITIES IN 16 COUNTRIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Seed Systems Group, Inc. ("SSG") is a non-profit, technical assistance organization registered in the US and headquartered in Nairobi. SSG's work is systemic in approach, investing in capable, well-placed local actors and providing them with technical training and assistance to establish a public-private model for sustainable seed supply among poor, smallholder farmers in Africa. IN 2021, WE IMPLEMENTED THE "BUILDING BACK BETTER: RURAL LIVELIHOODS RECOVERY INITIATIVE FOR THE GREATER HORN OF AFRICA". THIS INTENSIVE SEED SYSTEMS INITIATIVE, FUNDED BY THE INTERNATIONAL FUND FOR AGRICULTURAL DEVELOPMENT'S (IFAD'S) RURAL POOR STIMULUS FACILITY, HAS REACHED OVER 100,000 FARMERS DIRECTLY WITH IMPROVED SEED AND IS ON-TRACK TO PRODUCE OVER 2,500 METRIC TONS OF CERTIFIED SEED OF IMPROVED, CLIMATE RESILIENT VARIETIES REPRESENTING A WIDE RANGE OF NUTRITIOUS CROPS BY DECEMBER 2022. THIS SEED IS SUFFICIENT TO PLANT 170,000 HECTARES AND PRODUCE AN ESTIMATED 200,000 METRIC TONS OF ADDITIONAL GRAINS AND VEGETABLES FOR CONSUMPTION BY RURAL FAMILIES. WE ALSO REVIEWED AGRA'S CONSORTIUM MODEL FOR COMPETITIVE AGRI-FOOD SYSTEMS IN AFRICA IN PARTNERSHIP WITH CORNELL UNIVERSITY AND SATHGURU. THE CONSORTIUM'S DESIGN BRINGS ALL PLAYERS IN AGRI-FOOD SYSTEMS INTO EFFECTIVE, PRODUCTIVE PARTNERSHIP AND CONVERGES ECONOMIC, SOCIAL, POLITICAL, AND PRIVATE ENTERPRISE INTERESTS TO ATTRACT CONTINUED ENGAGEMENT OF PARTNERS. THE MODEL AIMS TO EXPAND VALUE CREATION ACROSS COUNTRIES IN AFRICA THROUGH A STAGED PROCESS, CHOOSING PRIORITY COUNTRIES IN WHICH TO PLACE RESOURCES OVER THE NEXT TEN YEARS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SSG'S HUMAN RESOURCES POLICIES AND PROCEDURES GUIDELINES REQUIRES SSG PERSONNEL TO UPHOLD AND PROMOTE THE HIGHEST STANDARDS OF ETHICAL AND PROFESSIONAL CONDUCT, AND CARRY OUT THEIR DUTIES WITH HONESTY, INTEGRITY AND PROFESSIONALISM. IT STATES THAT IT IS CRITICAL FOR STAFF TO AVOID CONFLICTS OF INTEREST, OR EVEN THE APPEARANCE OF A CONFLICT, BETWEEN THEIR PERSONAL INTERESTS AND THEIR PROFESSIONAL RESPONSIBILITIES. SHOULD THERE BE A POTENTIAL OR ACTUAL CONFLICT OF INTEREST, STAFF MUST DECLARE THAT INTEREST TO THEIR MANAGER. THEY CANNOT BE INVOLVED IN ANY DECISION TO SELECT A BUSINESS THEY HAVE ANY INTEREST IN AS A SSG VENDOR, OR RECRUIT ANY RELATED STAFF, NOR CAN THEY SERVE IN A ROLE THAT EITHER OVERSEES ANY SERVICES OR PRODUCTS PROVIDED TO SSG BY THE BUSINESS OR EMPLOYEE, OR PROCESS PAYMENTS TO THEM. SSG PROHIBITS THE RECRUITMENT OF IMMEDIATE FAMILY MEMBERS. ALL APPLICANTS FOR A SSG POSITION MUST DISCLOSE WHETHER THEY ARE RELATED TO ANY SSG STAFF MEMBER OR CONTRACTOR. WHILE THE SPOUSES OF SSG PERSONNEL MAY BE HIRED, THE SERVING SSG SPOUSE CANNOT PARTICIPATE IN THE RECRUITMENT PROCESS. SPOUSES CANNOT WORK IN THE SAME UNIT OR LINE OF AUTHORITY, AND THERE CAN BE NO SUPERVISORY RELATIONSHIP BETWEEN THEM. STAFF ARE REQUIRED TO EXERCISE CARE WITH REGARD TO INTIMATE RELATIONSHIPS IN THE WORKPLACE. WHILE IT IS INADVISABLE TO ENTER INTO ROMANTIC RELATIONS WITH A CO-WORKER IN THEIR UNIT, THEY MUST NOT ENGAGE IN SUCH A RELATIONSHIP WITH A SUBORDINATE OR SOMEONE IN IN THEIR REPORTING LINE, OR WHERE IT MAKES IT DIFFICULT TO MAINTAIN THEIR PROFESSIONALISM AND OBJECTIVITY. GIFTS, AWARDS, ENTERTAINMENT, HOSPITALITY AND SO ON, ARE SENSITIVE ETHICAL ISSUES AT SSG. AS A GENERAL RULE, YOU MAY NOT ACCEPT GIFTS, HONOURS, AWARDS, HOSPITALITY, TRAVEL, FAVOURS, OR SUPPLEMENTARY PAYMENTS (WITH THE EXCEPTION OF PENSION PAYMENTS), FROM A GOVERNMENT SOURCE. THERE IS EVEN A STRICTER STANDARD FOR STAFF AND OTHER PERSONNEL INVOLVED IN PROCUREMENT - NO GIFTS, HOSPITALITY, ETC. WHATSOEVER ARE PERMITTED FROM OUTSIDE SOURCES. IT IS PERMISSIBLE TO EXCHANGE MODEST GIFTS WITH OTHER SSG COLLEAGUES SO LONG AS THEY ARE FREELY GIVEN, WITHOUT COERCION, OF NOMINAL VALUE (BELOW US$30) AND NOT OFFERED TO INFLUENCE A COLLEAGUE IN HIS/HER OFFICIAL DECISION-MAKING. SSG SUPPORTS PERSONNEL'S RIGHT TO VOTE AND ENCOURAGES THEM TO DO SO. THEY ARE ALSO PERMITTED TO BELONG TO A POLITICAL PARTY PROVIDED THAT SUCH MEMBERSHIP DOES NOT ENTAIL ACTION, OR AN OBLIGATION TO TAKE ACTION, INCONSISTENT WITH, (OR THAT WOULD REFLECT ADVERSELY UPON), I. THE INDEPENDENCE AND IMPARTIALITY REQUIRED BY THEIR SSG POSITION AND STATUS (E.G., RACIST PARTIES, OR GROUPS THAT ADVOCATE VIOLENCE) OR II. ANY CONDITIONS OF THEIR VISA, IF APPLICABLE. FINALLY, BECAUSE THEIR FIRST PRIORITY AND THEIR FIRST LOYALTY ARE TO SSG, THEY SHOULD NOT HAVE ANY FINANCIAL INTERESTS THAT MAY PROFIT, OR APPEAR TO BENEFIT, FROM THEIR SSG WORK. DESIGNATED PERSONNEL AND THOSE WHOSE PRINCIPAL DUTIES INVOLVE PROCUREMENT AND INVESTMENT ARE REQUIRED TO DISCLOSE ANNUALLY THEIR ASSETS AND LIABILITIES (AS WELL AS THOSE HELD BY THEIR IMMEDIATE FAMILY MEMBERS), AND ANY OUTSIDE ACTIVITIES AND AFFILIATIONS. WHERE SSG DETECTS A POTENTIAL CONFLICT, COO WILL ISSUE GUIDANCE WHICH MAY INCLUDE HAVING THEM CEASE CERTAIN OUTSIDE ACTIVITIES OR REQUIRING THAT THEY DIVEST CERTAIN FINANCIAL HOLDINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Seed Systems Group, Inc. has revised the accounting method used to prepare Form 990 from "cash" to "accrual" in order to align the filing with the accounting method used by the Organization to maintain its books and records.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DESCRIPTION:CONSULTING TOTAL FEES:150745
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART I, LINE 1:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, Part III, Line 1 - Organization's Mission
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part III, Line 4A, Program Service:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, LINE 12A:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part XII, Line 1:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990 PART IX LINE 11G
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