Civic Intelligence

Southeast Effective Development

990 • Fiscal year 2021 • EIN 91-0947619

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

5117 Rainier Ave SSeattle, WA 98118

(206) 723-7333

Siviq Scores

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

Liabilities / Assets

91st percentile

0.89x

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

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Liabilities / Revenue

96th percentile

8.72x

Higher debt load relative to revenue than 96% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Net Margin

8th percentile

-15%

Higher net margin than 8% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Top Officer Pay

23rd percentile

$149,229

Higher top officer pay than 23% of similar nonprofits.

Top officer pay equals 3.3% of source-year revenue.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Asset Growth

24th percentile

1.3%

Faster asset growth than 24% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Revenue Growth

30th percentile

0.7%

Faster revenue growth than 30% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Assets

Up

$44,851,964

Up $570,141 (+1.3%) from 2020

Net Assets

Down

$4,806,089

Down $513,764 (-9.7%) from 2020

Liabilities

Up

$40,045,875

Up $1,083,905 (+2.8%) from 2020

Revenue

Up

$4,590,608

Up $34,011 (+0.7%) from 2020

Expenses

Up

$5,298,224

Up $505,500 (+11%) from 2020

Net Income

Down

-$707,616

Down $471,489 (-200%) from 2020

Historical Trend

Balance Sheet Trend

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

$100M$50M$0-$50MAssets 2011: $35,448,058Liabilities 2011: $29,594,323Net Assets 2011: $5,853,7352011Assets 2012: $35,548,733Liabilities 2012: $30,133,083Net Assets 2012: $5,415,6502012Assets 2013: $35,368,441Liabilities 2013: $30,369,586Net Assets 2013: $4,998,8552013Assets 2014: $36,918,510Liabilities 2014: $31,028,750Net Assets 2014: $5,889,7602014Assets 2015: $39,188,052Liabilities 2015: $31,463,740Net Assets 2015: $7,724,3122015Assets 2016: $39,797,021Liabilities 2016: $34,271,794Net Assets 2016: $5,525,2272016Assets 2017: $38,581,837Liabilities 2017: $35,645,260Net Assets 2017: $2,936,5772017Assets 2018: $40,541,248Liabilities 2018: $35,131,862Net Assets 2018: $5,409,3862018Assets 2019: $40,795,912Liabilities 2019: $39,301,054Net Assets 2019: $1,494,8582019Assets 2020: $44,281,823Liabilities 2020: $38,961,970Net Assets 2020: $5,319,8532020Assets 2021: $44,851,964Liabilities 2021: $40,045,875Net Assets 2021: $4,806,0892021Assets 2022: $58,235,532Liabilities 2022: $56,084,755Net Assets 2022: $2,150,7772022Assets 2023: $68,410,013Liabilities 2023: $72,706,087Net Assets 2023: -$4,296,0742023Assets 2024: $75,080,122Liabilities 2024: $79,540,085Net Assets 2024: -$4,459,9632024

Highlighted filing

2021

Assets$44,851,964
Liabilities$40,045,875
Net Assets$4,806,089

Operations Trend

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

$20M$15M$10M$5.0M$0-$5.0MRevenue 2011: $2,171,665Expenses 2011: $2,696,494Net Income 2011: -$524,8292011Revenue 2012: $2,831,180Expenses 2012: $3,269,265Net Income 2012: -$438,0852012Revenue 2013: $2,615,475Expenses 2013: $3,032,270Net Income 2013: -$416,7952013Revenue 2014: $4,259,147Expenses 2014: $3,368,242Net Income 2014: $890,9052014Revenue 2015: $5,516,314Expenses 2015: $3,681,762Net Income 2015: $1,834,5522015Revenue 2016: $3,556,182Expenses 2016: $4,595,283Net Income 2016: -$1,039,1012016Revenue 2017: $3,467,336Expenses 2017: $4,929,862Net Income 2017: -$1,462,5262017Revenue 2018: $4,559,522Expenses 2018: $4,445,158Net Income 2018: $114,3642018Revenue 2019: $3,736,026Expenses 2019: $5,302,627Net Income 2019: -$1,566,6012019Revenue 2020: $4,556,597Expenses 2020: $4,792,724Net Income 2020: -$236,1272020Revenue 2021: $4,590,608Expenses 2021: $5,298,224Net Income 2021: -$707,6162021Revenue 2022: $7,345,501Expenses 2022: $9,361,800Net Income 2022: -$2,016,2992022Revenue 2023: $15,822,678Expenses 2023: $15,757,127Net Income 2023: $65,5512023Revenue 2024: $15,860,100Expenses 2024: $16,023,989Net Income 2024: -$163,8892024

Highlighted filing

2021

Revenue$4,590,608
Expenses$5,298,224
Net Income-$707,616
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 15, 2022
Return Version
2021v4.2
Gross Receipts
$4,720,978
Mission and Program Overview

Mission

Southeast effective development ("seed") is a not-for-profit community development corporation that invests in the future of southeast seattle by facilitating social, economic, housing and cultural programs within the community. Founded in 1975, seed works to strengthen and revitalize the neighborhoods and business districts of southeast seattle.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$23,645,133$22,762,719▼ $882,414
Other Notes and Loans Receivable, Net$10,485,398$9,502,513▼ $982,885
Accounts Receivable$2,585,630$3,037,719▲ $452,089
Cash and Non-Interest-Bearing Accounts$1,644,034$1,496,975▼ $147,059
Investments Program Related$1,181,309$1,180,703▼ $606
Prepaid Expenses and Deferred Charges$55,814$115,316▲ $59,502
Total Assets$44,281,823$44,851,964▲ $570,141
Other Assets Total$4,684,505$6,756,019▲ $2,071,514
Liabilities
Mortgage Notes Payable Secured by Investment Property$36,747,204$37,721,503▲ $974,299
Accounts Payable and Accrued Expenses$1,723,473$2,030,849▲ $307,376
Unsecured Notes Loans Payable$250,000$0▼ $250,000
Other Liabilities$208,386$219,256▲ $10,870
Deferred Revenue$32,907$74,267▲ $41,360
Total Liabilities$38,961,970$40,045,875▲ $1,083,905
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,319,853$4,806,089▼ $513,764
Total Net Assets Fund Balance$5,319,853$4,806,089▼ $513,764
Total Liabilities and Net Assets / Fund Balance$44,281,823$44,851,964▲ $570,141

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$14,528,324$11,095,320-
Land$4,311,239--
Equipment$193,206$347,444-
Leasehold Improvements$3,729,950$779,187-
Other Assets Org$1,873,278--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael SeiwerathExecutive DirectorFT$139,820$9,409$149,229
Joon ChangFinance DirectorFT$108,968$11,277$120,245
Lance RandallEconomic Director (through April 2021)FT$39,208-$39,208

Board Members and Trustees

NameTitle
Krista HollandPresident & Immediate Past President
Damian StackDirector & Vice President
Tonita WebbVice President & President
Carla StricklandDirector
Carlos RuizDirector
Daniel Gandara JdDirector
Evan Cantini MdDirector
Josesph DiehlDirector
Karen WongDirector
Sultan MohamedDirector
Susanna TranDirector
Neal Luna JdSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$545,043
Program Service Revenue
$3,498,568
Investment Income
$149,807
Other Revenue
$397,190
All Other Contributions
$217,295
Change in Net Assets
$-707,616
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,069,179
Salaries, Compensation, and Employee Benefits$1,229,045
Total Fundraising Expense$50,219
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$952,226$204,118$13,453$1,169,797
Depreciation Depletion$916,571$14,998-$931,569
Other Salaries and Wages$594,918$127,526$8,405$730,849
Interest$529,927$113,594$7,487$651,008
Current Officers, Directors, Trustees, and Key Employees$251,270$53,862$3,550$308,682
Fees for Services Other$143,069$30,668$2,021$175,758
Fees for Services Management$134,853$28,907$1,905$165,665
Office Expenses$125,102$26,816$1,767$153,685
Insurance$105,302$22,572$1,488$129,362
Fees for Services Accounting$92,916$19,918$1,313$114,147
Payroll Taxes$83,584$17,917$1,181$102,682
Information Technology$74,784$16,031$1,057$91,872
Other Employee Benefits$70,682$15,151$999$86,832
Other Expenses$22,547$4,833$319$27,699
Advertising$20,438$4,381$289$25,108
Fees for Services Legal$9,383$2,011$133$11,527
All Other Expenses$2,876$616$41$3,533
Conferences and Meetings$2,003$429$28$2,460
Travel$774$166$11$951
Total Functional Expenses$4,471,070$776,935$50,219$5,298,224
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposits$219,256
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
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
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
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, Section A, Line 1A

The executive committee shall be a standing committee consisting of the elected officers of seed and the executive director as ex-officio member. The executive committee is the operations committee of the organization. The committee shall meet on a regular basis at an established time and place to: a) discuss policy issues and make recommendations to the board of directors as appropriate; b) conduct the business of the corporation in accordance with the policies of the board of directors; provided, that subject to the restrictions in section 3.16 of article iii herein, the executive committee shall have the authority to manage the corporation in those matters that the board of directors has designated by resolution adopted by a majority of the directors then in office. C) prepare a written evaluation of the executive director in october of each year. The president of the board shall preside at the executive director's review conference; d) submit policy recommendations in writing to the board, at least one week prior to the next scheduled board of directors meeting

Form 990, Part VI, Section B, Line 11B

The form 990 was prepared by the organization's independent cpa with information provided by management. The executive director and director of finance review form 990 before it is filed with the irs.

Form 990, Part VI, Section B, Line 12C

Seed has a conflict of interest policy which applies to all employees, directors and officers. Employees are persons are required to review the policy in the employee handbook and self identify any conflicts as they emerge. Directors and officers are given the policy upon joining the board and self identify any conflicts as they emerge.

Form 990, Part VI, Section B, Line 15

The executive committee prepares a written evaluation using market data as basis for comparison for the executive director and other directors during october every year and the evaluation is recorded in board minutes. The last year this process occurred was 2021.

Form 990, Part VI, Section C, Line 19

Organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Southeast Effective Development
EIN
91-0947619
Phone
2067237333
Address
5117 RAINIER AVE S, SEATTLE, WA 98118

Signing Officer

Name
Michael Seiwerath
Title
Executive Director
Phone
2067237333
Signed
2022-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Seiwerath
Formed
1975
Legal Domicile
Wa
Voting Board Members
10
Independent Board Members
10
Employees
12
Volunteers
60

Preparer

Firm
Cliftonlarsonallen Llp
Address
10700 NORTHUP WAY SUITE 200, BELLEVUE, WA 98004
Preparer
Kurt Bennion CPA
Phone
4252506100
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The process for oversight and selection of the independent accountant has not change from the prior year.

Financial Statement Notes

PART X, LINE 2:

Southeast effective development is exempt from federal income tax under section 501(c)(3) of the internal revenue code (irc). Income from commercial leasing activities not directly related to seed's tax-exempt purpose is subject to taxation as unrelated business income. No taxes were paid on unrelated business income during 2021 due to related losses on those activities. Management has determined the deferred tax benefit related to net operating loss carryforwards to be inconsequential and, therefore, has not recorded an estimate for the benefit in seed's consolidated financial statements. Rainier court i, rainier court ii, rainier court iii, and rainier court iv have no provision or benefit for income taxes included in these financial statements since taxable income or loss passes through to, and is reportable by, each partner or member individually. Seed properties llc, lilac lodge llc, oregon place and claremont are wholly owned by seed and report their income and expenses for federal tax reporting purposes as a part of seed.

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IRS990/ActivityOrMissionDesc0SOUTHEAST EFFECTIVE DEVELOPMENT ("SEED") IS A NOT-FOR-PROFIT COMMUNITY DEVELOPMENT CORPORATION THAT INVESTS IN THE FUTURE OF SOUTHEAST SEATTLE BY FACILITATING SOCIAL, ECONOMIC, HOUSING AND CULTURAL PROGRAMS WITHIN THE COMMUNITY. FOUNDED IN 1975, SEED WORKS TO STRENGTHEN AND REVITALIZE THE NEIGHBORHOODS AND BUSINESS DISTRICTS OF SOUTHEAST SEATTLE.
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IRS990/Form990PartVIISectionAGrp/PersonNm5DAMIAN STACK
IRS990/Form990PartVIISectionAGrp/PersonNm6NEAL LUNA JD
IRS990/Form990PartVIISectionAGrp/PersonNm7EVAN CANTINI MD
IRS990/Form990PartVIISectionAGrp/PersonNm8JOSESPH DIEHL
IRS990/Form990PartVIISectionAGrp/PersonNm9DANIEL GANDARA JD
IRS990/Form990PartVIISectionAGrp/PersonNm10SULTAN MOHAMED
IRS990/Form990PartVIISectionAGrp/PersonNm11CARLOS RUIZ
IRS990/Form990PartVIISectionAGrp/PersonNm12CARLA STRICKLAND
IRS990/Form990PartVIISectionAGrp/PersonNm13SUSANNA TRAN
IRS990/Form990PartVIISectionAGrp/PersonNm14KAREN WONG
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0139820
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1108968
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt239208
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1FINANCE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2ECONOMIC DIRECTOR (THROUGH APRIL 2021)
IRS990/Form990PartVIISectionAGrp/TitleTxt3PRESIDENT & IMMEDIATE PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE PRESIDENT & PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR & VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt6SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/Form990TFiledInd01
IRS990/FormationYr01975
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt03425
IRS990/GainOrLossGrp/SecuritiesAmt01877
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GovernmentGrantsAmt0327748
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt03425
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt01877
IRS990/GrossReceiptsAmt04720978
IRS990/GrossRentsGrp/RealAmt087277
IRS990/GrossSalesOfInventoryAmt0121984
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt01057
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt016031
IRS990/InformationTechnologyGrp/ProgramServicesAmt074784
IRS990/InformationTechnologyGrp/TotalAmt091872
IRS990/InsuranceGrp/FundraisingAmt01488
IRS990/InsuranceGrp/ManagementAndGeneralAmt022572
IRS990/InsuranceGrp/ProgramServicesAmt0105302
IRS990/InsuranceGrp/TotalAmt0129362
IRS990/InterestGrp/FundraisingAmt07487
IRS990/InterestGrp/ManagementAndGeneralAmt0113594
IRS990/InterestGrp/ProgramServicesAmt0529927
IRS990/InterestGrp/TotalAmt0651008
IRS990/InvestmentIncomeGrp/ExclusionAmt0144505
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0144505
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt01181309
IRS990/InvestmentsProgramRelatedGrp/EOYAmt01180703
IRS990/IRPDocumentCnt066
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt012221951
IRS990/LandBldgEquipBasisNetGrp/BOYAmt023645133
IRS990/LandBldgEquipBasisNetGrp/EOYAmt022762719
IRS990/LandBldgEquipCostOrOtherBssAmt034984670
IRS990/LegalDomicileStateCd0WA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LessRentalExpensesGrp/RealAmt055686
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0SOUTHEAST EFFECTIVE DEVELOPMENT ("SEED") IS A NOT-FOR-PROFIT COMMUNITY DEVELOPMENT CORPORATION THAT INVESTS IN THE FUTURE OF SOUTHEAST SEATTLE BY FACILITATING SOCIAL, ECONOMIC, HOUSING AND CULTURAL PROGRAMS WITHIN THE COMMUNITY. FOUNDED IN 1975, SEED WORKS TO STRENGTHEN AND REVITALIZE THE NEIGHBORHOODS AND BUSINESS DISTRICTS OF SOUTHEAST SEATTLE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt036747204
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt037721503
IRS990/NetAssetsOrFundBalancesBOYAmt05319853
IRS990/NetAssetsOrFundBalancesEOYAmt04806089
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt05302
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt05302
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt047300
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt047300
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt031591
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt031591
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt05319853
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt04806089
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt013453
IRS990/OccupancyGrp/ManagementAndGeneralAmt0204118
IRS990/OccupancyGrp/ProgramServicesAmt0952226
IRS990/OccupancyGrp/TotalAmt01169797
IRS990/OfficeExpensesGrp/FundraisingAmt01767
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt026816
IRS990/OfficeExpensesGrp/ProgramServicesAmt0125102
IRS990/OfficeExpensesGrp/TotalAmt0153685
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt04684505
IRS990/OtherAssetsTotalGrp/EOYAmt06756019
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0999
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt015151
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt070682
IRS990/OtherEmployeeBenefitsGrp/TotalAmt086832
IRS990/OtherExpensesGrp/Desc0SWAP
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc2ART EXPENSE
IRS990/OtherExpensesGrp/Desc3BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/FundraisingAmt03826
IRS990/OtherExpensesGrp/FundraisingAmt1596
IRS990/OtherExpensesGrp/FundraisingAmt2350
IRS990/OtherExpensesGrp/FundraisingAmt3319
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt058059
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt19044
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt25318
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt34833
IRS990/OtherExpensesGrp/ProgramServicesAmt0270849
IRS990/OtherExpensesGrp/ProgramServicesAmt142189
IRS990/OtherExpensesGrp/ProgramServicesAmt224807
IRS990/OtherExpensesGrp/ProgramServicesAmt322547
IRS990/OtherExpensesGrp/TotalAmt0332734
IRS990/OtherExpensesGrp/TotalAmt151829
IRS990/OtherExpensesGrp/TotalAmt230475
IRS990/OtherExpensesGrp/TotalAmt327699
IRS990/OtherLiabilitiesGrp/BOYAmt0208386
IRS990/OtherLiabilitiesGrp/EOYAmt0219256
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0DISTRIBUTION FROM LLC
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0307547
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt110752
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0307547
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt110752
IRS990/OtherRevenueTotalAmt0318299
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt08405
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0127526
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0594918
IRS990/OtherSalariesAndWagesGrp/TotalAmt0730849
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt010485398
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt09502513
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt01181
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt017917
IRS990/PayrollTaxesGrp/ProgramServicesAmt083584
IRS990/PayrollTaxesGrp/TotalAmt0102682
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt055814
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0115316
IRS990/PrincipalOfficerNm0MICHAEL SEIWERATH
IRS990/PriorPeriodAdjustmentsAmt0193852
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531390
IRS990/ProgramServiceRevenueGrp/BusinessCd1713990
IRS990/ProgramServiceRevenueGrp/BusinessCd2713990
IRS990/ProgramServiceRevenueGrp/BusinessCd3531390
IRS990/ProgramServiceRevenueGrp/Desc0LOW INCOME HOUSING
IRS990/ProgramServiceRevenueGrp/Desc1OTHER ART PROGRAM
IRS990/ProgramServiceRevenueGrp/Desc2ART MEMBERSHIP
IRS990/ProgramServiceRevenueGrp/Desc3MANAGEMENT FEE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03348384
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1105855
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt226105
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt318224
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03348384
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1105855
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt226105
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt318224
IRS990/ProgSrvcAccomActy2Grp/Desc0ARTS PROGRAM: SEED'S ART PROGRAM WORKS WITH ARTISTS, YOUTH AND COMMUNITY RESIDENTS TO CREATE OPPORTUNITIES FOR PEOPLE TO MAKE A DIFFERENCE IN THEIR NEIGHBORHOODS. WITH BROAD COMMUNITY SUPPORT, SEED HAS DEVELOPED CULTURAL FACILITIES IN THE VISUAL AND PERFORMING ARTS THAT SERVE AS GATHERING SPACES FOR PEOPLE OF ALL CULTURES.SEED PARTNERS WITH SCHOOLS AND COMMUNITY ORGANIZATIONS TO INVOLVE YOUTH AND THEIR FAMILIES IN CREATING PUBLIC AND PERFORMANCE ART FOR THIS COMMUNITY. THE ARTS PROGRAM CREATES OPPORTUNITIES FOR PROFESSIONAL ARTISTS TO CONTRIBUTE TO THEIR OWN NEIGHBORHOODS THROUGH PUBLIC ART CREATION, JAZZ AND WORLD MUSIC PERFORMANCES, AND ARTS PLANNING AND ADVOCACY.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0672803
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0256222
IRS990/ProhibitedTaxShelterTransInd00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$75.1$79.5$4.46$15.9$16.0$0.16
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$68.4$72.7$4.30$15.8$15.8$0.07
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$58.2$56.1$2.15$7.35$9.36$2.02
2021Detailed filing. Detailed filing data is available for this year.$44.9$40.0$4.81$4.59$5.30$0.71
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$44.3$39.0$5.32$4.56$4.79$0.24
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$40.8$39.3$1.49$3.74$5.30$1.57
2018Summary only. Only limited summary data is available for this year.$40.5$35.1$5.41$4.56$4.45$0.11
2017Summary only. Only limited summary data is available for this year.$38.6$35.6$2.94$3.47$4.93$1.46
2016Summary only. Only limited summary data is available for this year.$39.8$34.3$5.53$3.56$4.60$1.04
2015Summary only. Only limited summary data is available for this year.$39.2$31.5$7.72$5.52$3.68$1.83
2014Summary only. Only limited summary data is available for this year.$36.9$31.0$5.89$4.26$3.37$0.89
2013Summary only. Only limited summary data is available for this year.$35.4$30.4$5.00$2.62$3.03$0.42
2012Summary only. Only limited summary data is available for this year.$35.5$30.1$5.42$2.83$3.27$0.44
2011Summary only. Only limited summary data is available for this year.$35.4$29.6$5.85$2.17$2.70$0.52