2015-10-07T11:01:19-07:00 2014-12-31 262176601 Easy Office dba Jitasa 1750 W Front Street Suite 200 Boise ID 83702 990 2014-01-01 352262033 SEEDS OF AFRICA SEED 8665413437 601 West 26th Street No 325-47 New York NY 10001 Atti Worku Executive Director 9728359790 2015-10-07 1 Mary Soper P01402577 2082874777 2015-10-07 2014 2016-02-25 16:41:14Z Atti Worku 550 Broad Street New York NY 10014 1183570 0 X seedsofafrica.org X 2005 NY Seeds of Africa is a 501(c)(3) organization whose mission is to educate and nurture children and their families by providing quality education and community development programs in Adama, Ethiopia. We move beyond the traditional aid model by shifting from mere relief efforts, to providing students, families, and communities with the skills they need to support themselves and find local solutions to fight poverty, increase civic participation, and enhance community re-investment. 6 5 1 10 0 0 161462 1161735 0 12 22 9521 458 170995 1162215 61987 61317 0 61180 0 84804 133940 131289 195927 253786 -24932 908429 59071 959593 7907 0 51164 959593 Seeds of Africa seeks to create a self-sustaining model for education and community development that can be replicated in other African communities by educating and nurturing gifted children, young adults and communities with support that meets basic needs, an innovative curriculum and community development programs. 0 0 127126 61317 0 Programs teaching general education and community development skills. 0 0 0 127126 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 16 0 1 1 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 6 5 1 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 1 1 0 NY X Atti Worku 9728359790 310 West 148th Street New York NY 10039 Anthony Worku Chairman 3 X X 0 0 0 John Collier Treasurer 3 X X 0 0 0 Atti Worku Secretary and Executive Director 3 X X 37500 0 0 Dee Dee Mozeleski Director 3 X 0 0 0 Sarah Simmons Director 3 X 0 0 0 Royce Ring Director 3 X 0 0 0 37500 0 0 0 0 0 0 0 0 0 27519 0 0 1134216 0 1161735 0 22 22 0 0 0 0 0 0 0 0 0 0 0 0 0 0 21813 27519 21355 458 0 458 0 1162215 22 0 458 X 61317 61317 37500 18750 4057 14693 17500 8750 1893 6857 2886 1443 289 1154 3294 3294 1992 1992 8229 399 7830 53934 20505 7488 25941 432 432 12391 3360 4967 4064 5704 365 3183 2156 975 325 325 325 39282 10663 5189 23430 1749 525 175 1049 961 871 90 Donor development expenses 4613 0 0 4613 1027 724 303 253786 127126 41856 84804 59071 52084 125018 781756 735 59071 959593 7907 0 7907 0 X 51164 959593 0 0 0 0 51164 959593 59071 959593 908429 0 0 0 0 0 X 0 0 0 X 64446 50901 164021 161462 179979 620809 64446 50901 164021 161462 179979 620809 620809 12 22 34 0 0 0 12 22 34 64446 50901 164021 161474 180001 620843 0.99995 1 0.00005 0 X Schedule A, Part III, Line 1 2014 (Column (e)) amount does not include an unusual grant with a net present value of $981,756. The grant is to be paid over a five-year period. $200,000 was received in 2014. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 X 1183570 0 0 0 0 0 1183570 0 -21355 -21355 1162215 275140 0 0 0 0 0 275140 0 -21354 -21354 253786 Schedule D, Part X, Line 2 Income Taxes - The Organization is exempt from income tax under Section 501(c)(3) of the Internal Revenue Code. However, income from certain activities not directly related to the Organization's tax-exempt purpose is subject to taxations as unrelated business income. The Organization is not a private foundation. In accordance with ASC 740-10-50, the Organization recognizes the tax benefit from uncertain tax positions only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities. Management believes that the Organization is currently operating in compliance with the applicable requirements of the Internal Revenue Code. Therefore, no liability for unrecognized tax benefits has been included on the Organization's financial statements. The Organization's open audit periods are 2012-2014. Schedule D, Part XI, Line 4b Special events direct costs reclassified as functional expenses in the audited financial statements. Schedule D, Part XII, Line 4b Special events direct costs reclassified as functional expenses in the audited financial statements. 1 Sub-Saharan Africa 0 0 Program Services Education and community development. 104562 0 0 104562 Sub-Saharan Africa Operating a School and Community Development Program. Provide students with Free Tuition, meals, school supplies, uniforms health care. Provide mothers and female guardians with health education, adult literacy, financial literacy and give out micro loans 61317 Cash transfers. 0 1 0 0 0 0 0 0 0 Schedule F, Part I, Line 2 At the beginning of the year, we receive a budget projection from the Ethiopia office, then every month we compare the funding requests with the annual budget before approval. At the end of every month, we also receive a budget vs actual report. Finally, at the end of every year, we get the Ethiopia books audited in-country and we receive those audit reports. Seeds Events 38905 26165 12740 0 0 0 0 0 21355 General Program 10427 1354 9073 0 0 0 0 0 0 0 49332 27519 21813 0 0 0 0 0 21355 21355 458 Form 990, Part VI, Section A, Line 2 Board Chairman Anteneh Worku and Board Secretary/Executive Director Atti Worku are Siblings. Form 990, Part VI, Section B, Line 11b We will send the 990 to the Audit Committee who will review and make recommendations to the Board of Directors before it is signed off. Form 990, Part VI, Section B, Line 12c Whenever there are new contracts or services needed, we double check to make the companies we are hiring are not related to our officers etc and if they are we will take a vote at a board meeting whether or not to use these companies. During this voting, the officer who has a conflict of interest is not allowed to vote. So far, we haven't had to vote because we avoid such cases to protect the integrity of the organization. . Form 990, Part VI, Section B, Line 15 2014 - For Executive Director - The Organization reviewed a national survey of compensation for EXECUTIVE DIRECTORS of similar budgets, etc. and made a decision accordingly. Form 990, Part VI, Section C, Line 19 The organization makes its governing documents, conflict of interest policy, and financial statements available to the public during the tax year. Form 990, Part IX, Line 11g Payments to nine individuals performing various program, administrative and fundraising services on contract basis - $45,450. Other miscellaneous payments - fees for services - $8,484.