Civic Intelligence

Advancing the Seed Inc.

990EZ • Fiscal year 2022 • EIN 37-1783394

Jan 01, 2022 to Dec 31, 2022 • Filed on Oct 16, 2023

Organization Profilewww.advancetheseed.org
14241 Firestone Blvd Suite 400La Mirada, CA 90638

(562) 248-6356

Siviq Scores

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Balance Sheet

Assets

Flat

$142,500

Flat from 2022

Net Assets

Up

$123,300

Up $159,158 (+444%) from 2022

Liabilities

Flat

$19,200

Flat from 2022

Revenue And Expenses

Revenue

Flat

$134,605

Flat from 2022

Expenses

Flat

$32,226

Flat from 2022

Net Income

Flat

$102,379

Flat from 2022

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0-$50KAssets 2015: $35,785Liabilities 2015: $02015Assets 2016: $10,811Liabilities 2016: $865Net Assets 2016: $9,9462016Assets 2017: $696Liabilities 2017: $5,275Net Assets 2017: -$4,5792017Assets 2018: $4,360Liabilities 2018: $6,6422018Assets 2019: $4,368Liabilities 2019: $5,634Net Assets 2019: -$1,2662019Assets 2020: $38,704Liabilities 2020: $20,000Net Assets 2020: $18,7042020Assets 2021: $40,921Liabilities 2021: $20,000Net Assets 2021: $20,9212021Assets 2022: $142,500Liabilities 2022: $19,200Net Assets 2022: $123,3002022Assets 2022: $142,500Liabilities 2022: $19,200Net Assets 2022: -$35,8582022Assets 2023: $19,016Liabilities 2023: $51,476Net Assets 2023: -$32,4602023Assets 2024: $35,521Liabilities 2024: $64,441Net Assets 2024: -$28,9202024

Highlighted filing

2022

Assets$142,500
Liabilities$19,200
Net Assets$123,300
Open 2022 Filing

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2015: $49,502Expenses 2015: $13,717Net Income 2015: $35,7852015Revenue 2016: $28,521Expenses 2016: $54,360Net Income 2016: -$25,8392016Revenue 2017: $72,851Expenses 2017: $87,376Net Income 2017: -$14,5252017Revenue 2018: $61,669Expenses 2018: $59,153Net Income 2018: $2,5162018Revenue 2019: $60,358Expenses 2019: $59,342Net Income 2019: $1,0162019Revenue 2020: $59,860Expenses 2020: $45,524Net Income 2020: $14,3362020Revenue 2021: $100,956Expenses 2021: $78,739Net Income 2021: $22,2172021Revenue 2022: $134,605Expenses 2022: $32,226Net Income 2022: $102,3792022Revenue 2022: $134,605Expenses 2022: $32,226Net Income 2022: $102,3792022Revenue 2023: $128,015Expenses 2023: $124,617Net Income 2023: $3,3982023Revenue 2024: $418,755Expenses 2024: $411,148Net Income 2024: $7,6072024

Highlighted filing

2022

Revenue$134,605
Expenses$32,226
Net Income$102,379
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Oct 16, 2023
Return Version
2022v5.0
Gross Receipts
$134,605
Mission and Program Overview

Mission

Coaching, training, leadership development, and business technical assistance.

Training, coaching, leadership development, and financial literacy programs for young adults and capacity-building technical assistance programs for small capacity and minorityi-led nonprofits and minority entrepreneurs/small business owers in underserved communities.

Program Services

DescriptionGrantsExpenses
Provided training and coaching services to 835 young adults in leadership, entrepreneurship, workforce skills, financial literacy, and various other soft and technical skills.$0$31,048
Provided business technical assistance to 22 low-income and minority business and nonprofit leaders. Assisted 3 low-income and minority leaders start small businesses and 4 nonprofit entities.$0$15,500
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Regeanie CoronaPresident And CEOFT$4,100$1,500$5,600
Helen AcevezInterim Board Chair-$0--
Natalie PhillipsTreasurer-$0--
Daniel CoronaSecretary-$0--
Wilmenia GripperBoard Member-$0--
Corbin RandalBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Advancing the Seed Inc
EIN
37-1783394
Phone
5622486356
Address
14241 Firestone Blvd Suite 400, La Mirada, CA 90638

Signing Officer

Name
Regeanie Corona
Title
CEO
Phone
5622486693
Signed
2023-10-16
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

“Software costs for eLearning platform and courses $6,987; Office Supplies $5,678; Gift cards and other incentives for program participants $1,300; Software for business operations $3,450.”

Form 990-EZ, Part II, Line 26

“2020 SBA EIDL Loan”

Raw XML Appendix191 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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PhoneNum05622486356
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt014241 Firestone Blvd Suite 400
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0La Mirada
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd090638
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt040921
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IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
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IRS990EZ/InfoInScheduleOPartIIInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt14100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt11500
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Helen Acevez
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Regeanie Corona
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Natalie Phillips
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Daniel Corona
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Wilmenia Gripper
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Corbin Randal
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Interim Board Chair
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1President and CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Board Member
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt017415
IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TRAINING, COACHING, LEADERSHIP DEVELOPMENT, AND FINANCIAL LITERACY PROGRAMS FOR YOUNG ADULTS AND CAPACITY-BUILDING TECHNICAL ASSISTANCE PROGRAMS FOR SMALL CAPACITY AND MINORITYI-LED NONPROFITS AND MINORITY ENTREPRENEURS/SMALL BUSINESS OWERS IN UNDERSERVED COMMUNITIES.
IRS990EZ/PrintingPublicationsPostageAmt03211
IRS990EZ/ProgramServiceRevenueAmt0132089
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Provided training and coaching services to 835 young adults in leadership, entrepreneurship, workforce skills, financial literacy, and various other soft and technical skills.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Provided business technical assistance to 22 low-income and minority business and nonprofit leaders. Assisted 3 low-income and minority leaders start small businesses and 4 nonprofit entities.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt031048
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt115500
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt00
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
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IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt020000
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt019200
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt032226
IRS990EZ/TotalProgramServiceExpensesAmt046548
IRS990EZ/TotalRevenueAmt0134605
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0https://www.advancetheseed.org
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt02516
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt033256
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt010000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt041339
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt042540
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0129651
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0132089
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt067700
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt043560
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0243349
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/InvestmentIncomePYPct00
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IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus4YearsAmt03975
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt019225
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.95098
IRS990ScheduleA/PublicSupportPY509Pct00.92801
IRS990ScheduleA/PublicSupportTotal509Amt0373000
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0134605
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0100956
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt041339
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt042540
IRS990ScheduleA/Total509Grp/TotalAmt0373000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0134605
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0100956
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt056589
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt046515
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0392225
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Software costs for eLearning platform and courses $6,987; Office Supplies $5,678; Gift cards and other incentives for program participants $1,300; Software for business operations $3,450.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12020 SBA EIDL Loan
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part II, Line 26
ReasonableCauseExplanation/ExplanationTxt0California residents and businesses received an automatic extension for all IRS tax documents, including nonprofit 990s. The 990s for 2022 are not due until 10/16/23, which means we are still considered "on time."
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/LastSubmissionRqrOOBCd00
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd01
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Regeanie Corona
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum05622486693
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-10-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ADVANCING THE SEED INC
ReturnHeader/Filer/BusinessNameControlTxt0ADVA
ReturnHeader/Filer/EIN0371783394
ReturnHeader/Filer/PhoneNum05622486356
ReturnHeader/Filer/USAddress/AddressLine1Txt014241 Firestone Blvd Suite 400
ReturnHeader/Filer/USAddress/CityNm0La Mirada
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090638
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/ReturnTs02023-10-16T19:07:58-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$142,500
Liabilities
$19,200
Net assets
$123,300
Revenue
$134,605
Expenses
$32,226
Net income
$102,379
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.36$0.64$0.29$4.19$4.11$0.08
2023Detailed filing. Detailed filing data is available for this year.$0.19$0.51$0.32$1.28$1.25$0.03
2022Detailed filing. Detailed filing data is available for this year.$1.43$0.19$1.23$1.35$0.32$1.02
2022Detailed filing. Detailed filing data is available for this year.$1.43$0.19$0.36$1.35$0.32$1.02
2021Detailed filing. Detailed filing data is available for this year.$0.41$0.20$0.21$1.01$0.79$0.22
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.39$0.20$0.19$0.60$0.46$0.14
2019Detailed filing. Detailed filing data is available for this year.$0.04$0.06$0.01$0.60$0.59$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.04$0.07$0.62$0.59$0.03
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.01$0.05$0.05$0.73$0.87$0.15
2016Detailed filing. Detailed filing data is available for this year.$0.11$0.01$0.10$0.29$0.54$0.26
2015Summary only. Only limited summary data is available for this year.$0.36$0.00$0.50$0.14$0.36