Civic Intelligence

Golden Seeds Angel Association Inc

EIN 87-3839543 • 501(c)4 • Flushing, NY

Profile

(a) to provide a forum for education, mentoring, communication, and interaction of angel investors with entrepreneurs, government, civic organizations, universities, and the business community, (b) to promote and support economic development nationwide via encouraging and facilitating investment in women-led businesses (c) to expand access to capital for women-led businesses, (d) to facilitate and coordinate activities of, and resources for, angel investors in various regions throughout the united states, (e) to provide support for angel investors in their evaluation of potential investments in women-led businesses, (f) to provide resources and support for women-led businesses

PO Box 541473Flushing, NY 11354

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

95th percentile

0.95x

Higher debt load relative to assets than 95% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

99th percentile

10.81x

Higher debt load relative to revenue than 99% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2024

Net Margin

78th percentile

21%

Higher net margin than 78% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2024

Top Officer Pay

89th percentile

$0

Higher top officer pay than 89% of similar nonprofits.

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

501(c)4 • <$500k nonprofits • Source year 2024

Asset Growth

42nd percentile

-5.4%

Faster asset growth than 42% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

12th percentile

-66%

Faster revenue growth than 12% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets95th percentile

Assets

Down

$387,576

Down $100,515 (-21%) from 2022

Liabilities

Down

$369,705

Down $118,386 (-24%) from 2022

Net Assets

Up

$17,871

Up $17,871 from 2022

Operations
Liabilities / Revenue99th percentileNet Margin78th percentile

Revenue

Down

$34,193

Down $85,216 (-71%) from 2022

Expenses

Down

$26,997

Down $92,412 (-77%) from 2022

Net Income

Up

$7,196

Up $7,196 from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth42nd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2022: $488,091Liabilities 2022: $488,091Net Assets 2022: $02022Assets 2024: $387,576Liabilities 2024: $369,705Net Assets 2024: $17,8712024

Highlighted filing

2024

Assets$387,576
Liabilities$369,705
Net Assets$17,871
Open 2024 Filing

Operations Trend

Revenue Growth12th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0Revenue 2022: $119,409Expenses 2022: $119,409Net Income 2022: $02022Revenue 2024: $34,193Expenses 2024: $26,997Net Income 2024: $7,1962024

Highlighted filing

2024

Revenue$34,193
Expenses$26,997
Net Income$7,196
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$387,576
Liabilities
$369,705
Net assets
$17,871
Revenue
$34,193
Expenses
$26,997
Net income
$7,196
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.88$3.70$0.18$0.34$0.27$0.07
2022Detailed filing. Detailed filing data is available for this year.$4.88$4.88$0.00$1.19$1.19$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 14, 2025
Return Version
2024v5.1
Gross Receipts
$34,193
Mission and Program Overview

Mission

(a) to provide a forum for education, mentoring, communication, and interaction of angel investors with entrepreneurs, government, civic organizations, universities, and the business community, (b) to promote and support economic development nationwide via encouraging and facilitating investment in women-led businesses (c) to expand access to capital for women-led businesses, (d) to facilitate and coordinate activities of, and resources for, angel investors in various regions throughout the united states, (e) to provide support for angel investors in their evaluation of potential investments in women-led businesses, (f) to provide resources and support for women-led businesses

Program Services

DescriptionGrantsExpenses
PROMOTE AND SUPPORT ECONOMIC DEVELOPMENT NATIONWIDE VIA ENCOURAGING AND FACILITATING INVESTMENT IN WOMEN-LED BUSINESSES$0$0
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
LORETTA MCCARTHYVice Chair, Asst. Treasure-$0--
MICHAEL ALTMANVice Chair, Asst. Treasure-$0--
MATIAS HEALYVice Chair, Asst. Treasure-$0--
Filing and Contact Details

Filer

Filer Name
Golden Seeds Angel Association Inc
EIN
87-3839543
Phone
8886296774
Address
PO BOX 541473, FLUSHING, NY 11354

Signing Officer

Name
Loretta Mccarthy
Title
Vice Chair
Phone
8886296774
Signed
2025-05-14

Preparer

Firm
SPRITZER KAUFMAN LLP CPA'S
Address
19 WEST 44 STREET, NEW YORK, NY 10036
Preparer
Sandra G Kaufman
Phone
2125931040
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

“Description: cd interest income. Amount: 7,196.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: bank charges. Amount: 20. Description: filing fees. Amount: 410. Description: insurance. Amount: 1,965. Description: office supplies & expense. Amount: 2. Total to form 990-ez, line 16: 2,397.”

Form 990-ez, Part II, Line 26 - Other Liabilities

“Description: due to golden seeds services llc. Beg. Of year amount: 2,500. End of year amount: 0. Description: deferred revenue. Beg. Of year amount: 396,703. End of year amount: 369,705.”

Raw XML Appendix111 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
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990EZ/BooksInCareOfDetail/PhoneNum08886296774
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 541473
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0FLUSHING
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd011354
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0409878
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0387576
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt026997
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt07196
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt024600
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
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IRS990EZ/Form990TotalAssetsGrp/EOYAmt0387576
IRS990EZ/GrossReceiptsAmt034193
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InvestmentIncomeAmt07196
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt010675
IRS990EZ/NetAssetsOrFundBalancesEOYAmt017871
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt010675
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt017871
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0LORETTA MCCARTHY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MICHAEL ALTMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MATIAS HEALY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0VICE CHAIR, ASST. TREASURE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE CHAIR, ASST. TREASURE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE CHAIR, ASST. TREASURE
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt02397
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0(A) TO PROVIDE A FORUM FOR EDUCATION, MENTORING, COMMUNICATION, AND INTERACTION OF ANGEL INVESTORS WITH ENTREPRENEURS, GOVERNMENT, CIVIC ORGANIZATIONS, UNIVERSITIES, AND THE BUSINESS COMMUNITY, (B) TO PROMOTE AND SUPPORT ECONOMIC DEVELOPMENT NATIONWIDE VIA ENCOURAGING AND FACILITATING INVESTMENT IN WOMEN-LED BUSINESSES (C) TO EXPAND ACCESS TO CAPITAL FOR WOMEN-LED BUSINESSES, (D) TO FACILITATE AND COORDINATE ACTIVITIES OF, AND RESOURCES FOR, ANGEL INVESTORS IN VARIOUS REGIONS THROUGHOUT THE UNITED STATES, (E) TO PROVIDE SUPPORT FOR ANGEL INVESTORS IN THEIR EVALUATION OF POTENTIAL INVESTMENTS IN WOMEN-LED BUSINESSES, (F) TO PROVIDE RESOURCES AND SUPPORT FOR WOMEN-LED BUSINESSES
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROMOTE AND SUPPORT ECONOMIC DEVELOPMENT NATIONWIDE VIA ENCOURAGING AND FACILITATING INVESTMENT IN WOMEN-LED BUSINESSES
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NJ
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0399203
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0369705
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt026997
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt034193
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: CD INTEREST INCOME. AMOUNT: 7,196.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: BANK CHARGES. AMOUNT: 20. DESCRIPTION: FILING FEES. AMOUNT: 410. DESCRIPTION: INSURANCE. AMOUNT: 1,965. DESCRIPTION: OFFICE SUPPLIES & EXPENSE. AMOUNT: 2. TOTAL TO FORM 990-EZ, LINE 16: 2,397.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: DUE TO GOLDEN SEEDS SERVICES LLC. BEG. OF YEAR AMOUNT: 2,500. END OF YEAR AMOUNT: 0. DESCRIPTION: DEFERRED REVENUE. BEG. OF YEAR AMOUNT: 396,703. END OF YEAR AMOUNT: 369,705.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0LORETTA MCCARTHY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum08886296774
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GOLDEN SEEDS ANGEL ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0GOLD
ReturnHeader/Filer/EIN0873839543
ReturnHeader/Filer/PhoneNum08886296774
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 541473
ReturnHeader/Filer/USAddress/CityNm0FLUSHING
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011354
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0133736991
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SPRITZER KAUFMAN LLP CPA'S
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt019 WEST 44 STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010036
ReturnHeader/PreparerPersonGrp/PhoneNum02125931040
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SANDRA G KAUFMAN
ReturnHeader/ReturnTs02025-05-14T10:46:48-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)4 • <$500k nonprofits