Civic Intelligence

Semilla Nueva

990 • Fiscal year 2020 • EIN 36-4671687

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 04, 2021

3909 Camas DriveBoise, ID 83705

(541) 708-2142

Siviq Scores

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

Liabilities / Assets

15th percentile

0.00x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

15th percentile

0.00x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

85th percentile

37%

Higher net margin than 85% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

93rd percentile

101%

Faster asset growth than 93% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

87th percentile

53%

Faster revenue growth than 87% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$939,135

Up $471,953 (+101%) from 2019

Net Assets

Up

$939,135

Up $471,953 (+101%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Up

$1,262,495

Up $437,308 (+53%) from 2019

Expenses

Down

$790,659

Down $140,376 (-15%) from 2019

Net Income

Up

$471,836

Up $577,684 (+546%) from 2019

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2013: $57,133Net Assets 2013: $57,1332013Assets 2014: $187,885Liabilities 2014: $282Net Assets 2014: $187,6032014Assets 2015: $264,061Liabilities 2015: $785Net Assets 2015: $263,2762015Assets 2016: $208,577Liabilities 2016: $0Net Assets 2016: $208,5772016Assets 2017: $209,676Liabilities 2017: $0Net Assets 2017: $209,6762017Assets 2018: $573,030Liabilities 2018: $0Net Assets 2018: $573,0302018Assets 2019: $467,182Liabilities 2019: $0Net Assets 2019: $467,1822019Assets 2020: $939,135Liabilities 2020: $0Net Assets 2020: $939,1352020Assets 2021: $1,486,835Liabilities 2021: $69,759Net Assets 2021: $1,417,0762021Assets 2022: $1,498,777Liabilities 2022: $135,516Net Assets 2022: $1,363,2612022Assets 2023: $3,418,053Liabilities 2023: $194,157Net Assets 2023: $3,223,8962023Assets 2024: $2,918,240Liabilities 2024: $315,180Net Assets 2024: $2,603,0602024

Highlighted filing

2020

Assets$939,135
Liabilities$0
Net Assets$939,135

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2013: $169,232Expenses 2013: $149,559Net Income 2013: $19,6732013Revenue 2014: $301,742Expenses 2014: $171,272Net Income 2014: $130,4702014Revenue 2015: $370,807Expenses 2015: $295,134Net Income 2015: $75,6732015Revenue 2016: $360,659Expenses 2016: $218,357Net Income 2016: $142,3022016Revenue 2017: $527,902Expenses 2017: $526,803Net Income 2017: $1,0992017Revenue 2018: $419,024Expenses 2018: $55,670Net Income 2018: $363,3542018Revenue 2019: $825,187Expenses 2019: $931,035Net Income 2019: -$105,8482019Revenue 2020: $1,262,495Expenses 2020: $790,659Net Income 2020: $471,8362020Revenue 2021: $2,178,112Expenses 2021: $1,698,662Net Income 2021: $479,4502021Revenue 2022: $2,030,029Expenses 2022: $2,193,217Net Income 2022: -$163,1882022Revenue 2023: $4,835,973Expenses 2023: $2,942,750Net Income 2023: $1,893,2232023Revenue 2024: $4,424,281Expenses 2024: $4,961,918Net Income 2024: -$537,6372024

Highlighted filing

2020

Revenue$1,262,495
Expenses$790,659
Net Income$471,836
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 4, 2021
Return Version
2020v4.0
Gross Receipts
$1,262,495
Mission and Program Overview

Mission

To help rural communities gain economic independence and rejuvinate their landthrough hands-on education and collaborative sustainable agricultural projects.semilla nueva is currently helping with rural communities in guatemala.

To help rural communities gain economic independence and rejuvinate their land through hands-on education and collaborative sustainable agricultural projects. Semilla nueva is currently helping with rural communities in guatemala.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$316,648$589,047▲ $272,399
Investments Program Related$150,651$350,088▲ $199,437
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$467,299$939,135▲ $471,836
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$467,299$939,135▲ $471,836
Total Net Assets Fund Balance$467,299$939,135▲ $471,836
Total Liabilities and Net Assets / Fund Balance$467,299$939,135▲ $471,836
Compensation and Service Providers

Board Members and Trustees

NameTitle
Keith AndrewsChairman
Michael SummersVice Chair
Becca WammackDirector
Dave SmithDirector
David MorganDirector
Jerry BradyDirector
John FiedlerDirector
Jose ToasaDirector
Kenneth HoadleyDirector
Michele HubbardDirector
John LodalSecretary
Dawn HickmanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,262,489
Program Service Revenue
$0
Investment Income
$6
Other Revenue
$0
All Other Contributions
$1,262,489
Change in Net Assets
$471,836
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$654,960
Other Expenses$135,699
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$654,960--$654,960
Fees for Services Other$26,386--$26,386
Office Expenses$24,874--$24,874
Travel$4,064--$4,064
Insurance$1,780--$1,780
Other Expenses$748--$748
All Other Expenses$721--$721
Total Functional Expenses$790,659$0$0$790,659
International Activity

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
Yes
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

An independent audit on the combined statements of the guatemalen and usa entities was completed for the years ended 12/31/20 and 12/31/19. An unmodified opinion was released by azucena galvez, cpa on march 24, 2021. The report is compared to the 990 for the respective year.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

PART VI, LINES 12A + 12B

Semilla nueva has a conflict of interest policy in place to identify and correct any potential conflicts of interest with directors, officers, or key organization personnel. All board members and senior management staff are required to complete a conflict of interest questionnaire annually, and to update the questionnaire whenever there has been a change in affiliations.a copy of the policy and the questionnaire is included with the 990.

Part VI, Section A - Board Members

The policies of semilla nueva state that the board must have at least 3 members, and that 50% of those members must be identified as being independent (i.e. Not employed/receiving a salary from the organization.)

Part VI, Section A - Board Minutes

Minutes are taken at all board meetings of semilla nueva. The minutes are retained and readilly available to ensure accountability and transparency.

Part VI, Section B, Line 13

Semilla nueva has a whistle blower policy in place to prevent retaliation against persons reporting fraud, waste or financial impropriety. The aim of the policy is to encourage a culture of openness and accountability such that incidents of workplace malpractice is minimized. A copy of the policy is included.

Part VI, Section B, Line 14

Semilla nueva has a record retention and destruction policy in place in compliance with irs guidelines per code section 6001. A copy of this policy is included.

Sch D, Part VIII

Semilla nueva (501(c)3) is owns 99% of semilla nueva, sa, a guatemalan seed venture. The main purpose of semilla nueva, sa is the evaluation, production, and marketing of seed crops; and to identify related commercial and business activities and opportunities. Semilla nueva has contributed a total of $350,088 to this seed company since its inception. A balance sheet at cost basis of semilla nueva, sa shows an equity balance of $63,948 at december 31,2020. A copy of the auditors report that shows this detail is included.

Filing and Contact Details

Filer

Filer Name
Semilla Nueva
EIN
36-4671687
Phone
5417082142
Address
3909 CAMAS DRIVE, BOISE, ID 83705

Signing Officer

Name
Dawn Hickman
Title
Director
Signed
2021-11-04
Discuss with paid preparer
Yes

Organization Details

Formed
2010
Legal Domicile
Or
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
8

Preparer

Firm
Christensen Jackson Stone & Hart PLLC
Address
1201 S Kimball Ave, Caldwell, ID 83605
Preparer
Virginia Ponte
Phone
2084590021
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Line 13

Transfered to semilla nueva guatamala-2020 $654,960semilla nueva - guatemala7 avenida 14-44 zona 9edificio la galeria, oficina 35guatemala, guatemala 01009

Part X11, 2B

The combined financial statments for the usa and guatamalen entities were audited by an independent accountant for the years ended 12-31-20 and 12-31-19. An unmodified opinion from azucena galvez, cpa was issued on march 24, 2021.

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IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0WIRE TRANSFE
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0SEED PRODUCTION
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IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0SEMILLA NUEVA USA (501(c)3)MAKES WIRE TRANSFERS TO ASOCIACION SEMILLA NUEVA, A COMPANY CONSTITUTED UNDER THE LAWS OF THE REPUBLIC OF GUATEMALA. IT IS A PRIVATE, SERVICE, ASSISTANCE, SOCIAL BENEFIT, AND AGRICULTURAL LOCAL ECONOMIC ENTITY WITH THE SAME MISSION AS SEMILLA NUEVA USA. THE TRANSFERS ARE MADE AS NECESSARY AND A LETTER IS SENT WITH EACH TRANSFER. THE LETTER IS SIGNED BY THE BOARD TREASURER. THE LETTER READS AS FOLLOWS:" WE ARE PLEASED TO INFORM YOU THAT SEMILLA NUEVA USA (501(c)3) HAS APPROVED A DONATION IN THE AMOUNT OF (SPECIFIC DOLLAR AMOUNT) TO ASOCIACION SEMILLA NUEVA (THE GRANTEE) TO CARRY OUT THE MISSION OF SEMILLA NUEVA, SET FORTH IN ANEX A. THIS LETTER AND ITS ANNNEX WILL CONSTITUTE THE DONATION AGREEMENT BETWEEN THE GRANTEE AND SEMILLA NUEVA USA."
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt1SEMILLA NUEVA USA (501(C)3) USES THE CASH METHOD OF ACCOUNTING.
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt2SEE ABOVE
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2 - Grantmakers Explanation For Monitoring Use of Funds Outside US
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I, Line 3f - Method of Accounting
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc2Part I, Line 3f - Investments and Expenditures
IRS990ScheduleF/TotalOtherOrgCnt01
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AN INDEPENDENT AUDIT ON THE COMBINED STATEMENTS OF THE GUATEMALEN AND USA ENTITIES WAS COMPLETED FOR THE YEARS ENDED 12/31/20 AND 12/31/19. AN UNMODIFIED OPINION WAS RELEASED BY AZUCENA GALVEZ, CPA ON MARCH 24, 2021. THE REPORT IS COMPARED TO THE 990 FOR THE RESPECTIVE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TRANSFERED TO SEMILLA NUEVA GUATAMALA-2020 $654,960SEMILLA NUEVA - GUATEMALA7 AVENIDA 14-44 ZONA 9EDIFICIO LA GALERIA, OFICINA 35GUATEMALA, GUATEMALA 01009
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SEMILLA NUEVA HAS A CONFLICT OF INTEREST POLICY IN PLACE TO IDENTIFY AND CORRECT ANY POTENTIAL CONFLICTS OF INTEREST WITH DIRECTORS, OFFICERS, OR KEY ORGANIZATION PERSONNEL. ALL BOARD MEMBERS AND SENIOR MANAGEMENT STAFF ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE ANNUALLY, AND TO UPDATE THE QUESTIONNAIRE WHENEVER THERE HAS BEEN A CHANGE IN AFFILIATIONS.A COPY OF THE POLICY AND THE QUESTIONNAIRE IS INCLUDED WITH THE 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE POLICIES OF SEMILLA NUEVA STATE THAT THE BOARD MUST HAVE AT LEAST 3 MEMBERS, AND THAT 50% OF THOSE MEMBERS MUST BE IDENTIFIED AS BEING INDEPENDENT (I.E. NOT EMPLOYED/RECEIVING A SALARY FROM THE ORGANIZATION.)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MINUTES ARE TAKEN AT ALL BOARD MEETINGS OF SEMILLA NUEVA. THE MINUTES ARE RETAINED AND READILLY AVAILABLE TO ENSURE ACCOUNTABILITY AND TRANSPARENCY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6SEMILLA NUEVA HAS A WHISTLE BLOWER POLICY IN PLACE TO PREVENT RETALIATION AGAINST PERSONS REPORTING FRAUD, WASTE OR FINANCIAL IMPROPRIETY. THE AIM OF THE POLICY IS TO ENCOURAGE A CULTURE OF OPENNESS AND ACCOUNTABILITY SUCH THAT INCIDENTS OF WORKPLACE MALPRACTICE IS MINIMIZED. A COPY OF THE POLICY IS INCLUDED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7SEMILLA NUEVA HAS A RECORD RETENTION AND DESTRUCTION POLICY IN PLACE IN COMPLIANCE WITH IRS GUIDELINES PER CODE SECTION 6001. A COPY OF THIS POLICY IS INCLUDED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE COMBINED FINANCIAL STATMENTS FOR THE USA AND GUATAMALEN ENTITIES WERE AUDITED BY AN INDEPENDENT ACCOUNTANT FOR THE YEARS ENDED 12-31-20 AND 12-31-19. AN UNMODIFIED OPINION FROM AZUCENA GALVEZ, CPA WAS ISSUED ON MARCH 24, 2021.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9SEMILLA NUEVA (501(C)3) IS OWNS 99% OF SEMILLA NUEVA, SA, A GUATEMALAN SEED VENTURE. THE MAIN PURPOSE OF SEMILLA NUEVA, SA IS THE EVALUATION, PRODUCTION, AND MARKETING OF SEED CROPS; AND TO IDENTIFY RELATED COMMERCIAL AND BUSINESS ACTIVITIES AND OPPORTUNITIES. SEMILLA NUEVA HAS CONTRIBUTED A TOTAL OF $350,088 TO THIS SEED COMPANY SINCE ITS INCEPTION. A BALANCE SHEET AT COST BASIS OF SEMILLA NUEVA, SA SHOWS AN EQUITY BALANCE OF $63,948 AT DECEMBER 31,2020. A COPY OF THE AUDITORS REPORT THAT SHOWS THIS DETAIL IS INCLUDED.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 1, LINE 13
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3PART VI, LINES 12a + 12b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4PART VI, SECTION A - BOARD MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5PART VI, SECTION A - BOARD MINUTES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6PART VI, SECTION B, LINE 13
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7PART VI, SECTION B, LINE 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8PART X11, 2B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9SCH D, PART VIII
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