Civic Intelligence

Seres Global

990 • Fiscal year 2021 • EIN 47-1287984

Jan 01, 2021 to Dec 31, 2021 • Filed on May 11, 2022

1804 S Viewcrest LnSpokane Valley, WA 99212

(206) 434-9155

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

17th percentile

-24%

Higher net margin than 17% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

27th percentile

-8.4%

Faster asset growth than 27% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

49th percentile

2.4%

Faster revenue growth than 49% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$302,078

Down $27,631 (-8.4%) from 2020

Net Assets

Down

$302,078

Down $27,631 (-8.4%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Up

$115,223

Up $2,667 (+2.4%) from 2020

Expenses

Up

$142,854

Up $31,208 (+28%) from 2020

Net Income

Down

-$27,631

Down $28,541 (-3136%) from 2020

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2015: $66,391Liabilities 2015: $0Net Assets 2015: $66,3912015Assets 2016: $118,051Liabilities 2016: $3,666Net Assets 2016: $114,3852016Assets 2017: $67,686Liabilities 2017: $0Net Assets 2017: $67,6862017Assets 2018: $169,470Liabilities 2018: $788Net Assets 2018: $168,6832018Assets 2019: $328,799Liabilities 2019: $0Net Assets 2019: $328,7992019Assets 2020: $329,709Liabilities 2020: $0Net Assets 2020: $329,7092020Assets 2021: $302,078Liabilities 2021: $0Net Assets 2021: $302,0782021Assets 2022: $281,411Liabilities 2022: $10Net Assets 2022: $281,4012022Assets 2023: $243,538Liabilities 2023: $0Net Assets 2023: $243,5382023Assets 2024: $159,174Liabilities 2024: $0Net Assets 2024: $159,1742024

Highlighted filing

2021

Assets$302,078
Liabilities$0
Net Assets$302,078

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2015: $206,583Expenses 2015: $140,192Net Income 2015: $66,3912015Revenue 2016: $99,229Expenses 2016: $51,235Net Income 2016: $47,9942016Revenue 2017: $75,342Expenses 2017: $122,041Net Income 2017: -$46,6992017Revenue 2018: $229,674Expenses 2018: $128,428Net Income 2018: $101,2462018Revenue 2019: $166,125Expenses 2019: $5,945Net Income 2019: $160,1802019Revenue 2020: $112,556Expenses 2020: $111,646Net Income 2020: $9102020Revenue 2021: $115,223Expenses 2021: $142,854Net Income 2021: -$27,6312021Revenue 2022: $52,488Expenses 2022: $73,165Net Income 2022: -$20,6772022Revenue 2023: $125,167Expenses 2023: $163,030Net Income 2023: -$37,8632023Revenue 2024: $40,379Expenses 2024: $124,743Net Income 2024: -$84,3642024

Highlighted filing

2021

Revenue$115,223
Expenses$142,854
Net Income-$27,631
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 11, 2022
Return Version
2021v4.2
Gross Receipts
$115,223
Mission and Program Overview

Mission

To educate, empower and engage young people as agents of change to lead the transition towards climate, resilent, sustainable communities.

Educates, empowers and engages young people as change agents to lead the transition towards climate resilient sustanable communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$329,709$282,077▼ $47,632
Savings and Temporary Cash Investments-$20,001-
Total Assets$329,709$302,078▼ $27,631
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$329,709$302,078▼ $27,631
Total Liabilities and Net Assets / Fund Balance$329,709$302,078▼ $27,631
Compensation and Service Providers

Board Members and Trustees

NameTitle
Sherry MillerPresident
Alia WhitneyjohnsonBoard Member
Corrina GraceBoard Member
Elizabeth MachicBoard Member
Fredy SitaviBoard Member
Jacob CarterBoard Member
Kathy RuhfSecretary
Gary TealeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$115,222
Program Service Revenue
$0
Investment Income
$1
Other Revenue
$0
All Other Contributions
$115,222
Change in Net Assets
$-27,631
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$140,000
Other Expenses$2,854
Total Fundraising Expense$1,479
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$140,000--$140,000
Office Expenses-$375-$375
Fees for Services Accounting-$350-$350
Information Technology-$235-$235
Other Expenses-$215$1,479$215
Total Functional Expenses$140,000$1,375$1,479$142,854
International Activity

International Summary

Offices
0
Employees
0
Spending
$140,000

International Compliance

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

International Activities

RegionActivityServicesOfficesEmployeesSpending
Central AmericaGrants to ProgramYouth Development, Environment, Leadership00$140,000
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

PART VI, SECTION A' LINE 11A

Copies of completed 990 and its accompanying schedules are distributed electonronically to the board of directors for review and approval.

Part VI, Section B, Line 12C

Any items that may involve a conflict of intereest are reviewed and discussed at the quarterly board meetings and any relevant decisions are documented in the appropiate records. The conflict of interest policy and all other governing documents and procedures are reviewed at the general meeting, with each board member voting in agreement and compliance.

Part VI, Section B, Line 15 A/B

Seres global does not have anypaid employees, nor do any of the officers or directors receive compensatiof for their work.

Part VI, Section C, Line 19

Annual reports, financial reports, 501(c)(3) documentation and 990 forms are available on seres website at www.seres.org/report-financials. These documents may be viewed/downloaded as pdf files. Any further documentation available upon request.

Filing and Contact Details

Filer

Filer Name
Seres Global
EIN
47-1287984
Phone
2064349155
Address
1804 S VIEWCREST LN, Spokane Valley, WA 99212
Doing Business As
Seres Global

Signing Officer

Name
Gary Teale
Title
CFO
Phone
2064349155
Signed
2022-05-11
Discuss with paid preparer
No

Organization Details

Formed
2014
Legal Domicile
CA
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
8

Preparer

Firm
Hrb Tax Group Inc
Address
1601 N DIVISION ST STE I, SPOKANE, WA 99207
Preparer
Marsha Fairbanks
Phone
5093251934
Supplemental Narrative

Additional Explanations

Schedule F, Page 5, Paragraph 1

Seres global requires all grant recipients to complete a grant request that outlines the terms and conditions of the grant provided. At the completion of the granting period the reicipient must complete technical and financial reports on ho the funds were spent and the impact of the funds. Copies are maintained on seres global server.

Schedule F, Page 5, Paragraph 2

Seres global conducts a through review of transparency and accountability of any grantee partners, in order to ensure that funds are spent in accordance with seresglobal's requirements.

Schedule F, Page 5, Paragraph 3

Asociacion seres-the sole grant recipient for 2021-maintains accounting records documenting its expenditures for youth training and educational programs and other miscellaneous expenses. These records are maintained by a licensed guatemalan accountant and submitted monthaly to the guatemalan sat as required byt the guatemalan laws and regulations. During 2021, asociacion seres provided 146 programs and events to around 1,680 youth from vulnerable and at risk communities.

Schedule F, Page 6, Paragraph 4

Every three months, detailed financial reports are provided to seres global treasurer for review, copies of all asociacion seres transactions are stored in hard copy and electronically on asociacion seres' servers and are available for review by seres global upon request.

Raw XML Appendix361 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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IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0CENTRAL AMERICA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0YOUTH DEVELOPMENT, ENVIRONMENT, LEADERSHIP
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0GRANTS TO PROGRAM
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantRecordsMaintainedInd0true
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt0140000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0WIRE TRANSFER
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0YOUTH DEVELOPMENT
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0CENTRAL AMERICA
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc0Book
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SubtotalSpentAmt0140000
IRS990ScheduleF/TotalEmployeeCnt00
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalSpentAmt0140000
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0COPIES OF COMPLETED 990 AND ITS ACCOMPANYING SCHEDULES ARE DISTRIBUTED ELECTONRONICALLY TO THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ANY ITEMS THAT MAY INVOLVE A CONFLICT OF INTEREEST ARE REVIEWED AND DISCUSSED AT THE QUARTERLY BOARD MEETINGS AND ANY RELEVANT DECISIONS ARE DOCUMENTED IN THE APPROPIATE RECORDS. THE CONFLICT OF INTEREST POLICY AND ALL OTHER GOVERNING DOCUMENTS AND PROCEDURES ARE REVIEWED AT THE GENERAL MEETING, WITH EACH BOARD MEMBER VOTING IN AGREEMENT AND COMPLIANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SERES GLOBAL DOES NOT HAVE ANYPAID EMPLOYEES, NOR DO ANY OF THE OFFICERS OR DIRECTORS RECEIVE COMPENSATIOF FOR THEIR WORK.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ANNUAL REPORTS, FINANCIAL REPORTS, 501(C)(3) DOCUMENTATION AND 990 FORMS ARE AVAILABLE ON SERES WEBSITE AT WWW.SERES.ORG/REPORT-FINANCIALS. THESE DOCUMENTS MAY BE VIEWED/DOWNLOADED AS PDF FILES. ANY FURTHER DOCUMENTATION AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SERES GLOBAL REQUIRES ALL GRANT RECIPIENTS TO COMPLETE A GRANT REQUEST THAT OUTLINES THE TERMS AND CONDITIONS OF THE GRANT PROVIDED. AT THE COMPLETION OF THE GRANTING PERIOD THE REICIPIENT MUST COMPLETE TECHNICAL AND FINANCIAL REPORTS ON HO THE FUNDS WERE SPENT AND THE IMPACT OF THE FUNDS. COPIES ARE MAINTAINED ON SERES GLOBAL SERVER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5SERES GLOBAL CONDUCTS A THROUGH REVIEW OF TRANSPARENCY AND ACCOUNTABILITY OF ANY GRANTEE PARTNERS, IN ORDER TO ENSURE THAT FUNDS ARE SPENT IN ACCORDANCE WITH SERESGLOBAL'S REQUIREMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ASOCIACION SERES-THE SOLE GRANT RECIPIENT FOR 2021-MAINTAINS ACCOUNTING RECORDS DOCUMENTING ITS EXPENDITURES FOR YOUTH TRAINING AND EDUCATIONAL PROGRAMS AND OTHER MISCELLANEOUS EXPENSES. THESE RECORDS ARE MAINTAINED BY A LICENSED GUATEMALAN ACCOUNTANT AND SUBMITTED MONTHALY TO THE GUATEMALAN SAT AS REQUIRED BYT THE GUATEMALAN LAWS AND REGULATIONS. DURING 2021, ASOCIACION SERES PROVIDED 146 PROGRAMS AND EVENTS TO AROUND 1,680 YOUTH FROM VULNERABLE AND AT RISK COMMUNITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7EVERY THREE MONTHS, DETAILED FINANCIAL REPORTS ARE PROVIDED TO SERES GLOBAL TREASURER FOR REVIEW, COPIES OF ALL ASOCIACION SERES TRANSACTIONS ARE STORED IN HARD COPY AND ELECTRONICALLY ON ASOCIACION SERES' SERVERS AND ARE AVAILABLE FOR REVIEW BY SERES GLOBAL UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART VI, SECTION A' LINE 11A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2PART VI, SECTION B, LINE 15 A/B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4SCHEDULE F, PAGE 5, PARAGRAPH 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5SCHEDULE F, PAGE 5, PARAGRAPH 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6SCHEDULE F, PAGE 5, PARAGRAPH 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7SCHEDULE F, PAGE 6, PARAGRAPH 4
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0329709
IRS990/TotalAssetsEOYAmt0302078
IRS990/TotalAssetsGrp/BOYAmt0329709
IRS990/TotalAssetsGrp/EOYAmt0302078
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0115222
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt01479
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01375
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0140000
IRS990/TotalFunctionalExpensesGrp/TotalAmt0142854
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0329709
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0302078
IRS990/TotalProgramServiceExpensesAmt0140000
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0115223
IRS990/TotalVolunteersCnt08
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0329709
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0302078
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt01804 S VIEWCREST LN
IRS990/USAddress/CityNm0Spokane Valley
IRS990/USAddress/StateAbbreviationCd0WA
IRS990/USAddress/ZIPCd099212
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0WWW.SERES.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0GARY TEALE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/PhoneNum02064349155
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SERES GLOBAL
ReturnHeader/Filer/BusinessNameControlTxt0SERE
ReturnHeader/Filer/EIN0471287984
ReturnHeader/Filer/PhoneNum02064349155
ReturnHeader/Filer/USAddress/AddressLine1Txt01804 S VIEWCREST LN
ReturnHeader/Filer/USAddress/CityNm0Spokane Valley
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WA
ReturnHeader/Filer/USAddress/ZIPCd099212
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0431871840
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HRB TAX GROUP INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01601 N DIVISION ST STE I
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SPOKANE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd099207
ReturnHeader/PreparerPersonGrp/PhoneNum05093251934
ReturnHeader/PreparerPersonGrp/PreparationDt02022-05-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARSHA FAIRBANKS
ReturnHeader/ReturnTs02022-05-12T17:22:32Z
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0GARY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0TEALE
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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