FURP.ORG / PUBLIC DATA EXPLORER

SEED FOUNDATION INC: Form 990, tax year 2009

View the entire original 990 at ProPublica ↗

Organization
SEED FOUNDATION INC (EIN 54-1850819)
Tax period
2009-07-01 to 2010-06-30
Filed
2011-05-03
IRS object ID
201121239349301122
Schema version
2009v1.7
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Timestamp2011-05-03T16:15:52-05:00Timestamp
Tax Period End Date2010-06-30TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1RSM MCGLADREY INCBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line19737 WASHINGTONIAN BLVD 400AddressLine1
CityGAITHERSBURGCity
StateMDState
ZIP Code208787340ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2009-07-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN541850819EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1THE SEED FOUNDATIONBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlSEEDNameControl
Phone2027854123Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line11776 Massachusetts Ave NW No 600AddressLine1
CityWASHINGTONCity
StateDCState
ZIP Code20036ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameDWIGHT CRAWFORDName
TitleCHIEF FINANCIAL OFFICERTitle
Phone2027854123Phone
Date Signed2011-05-03DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameBill TurcoName
Phone3012963600Phone
FieldValueIRS element (for citing)
Tax Year2009TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer Personrajiv vinnakotaNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line11776 Massachusetts Ave NW No 600AddressLine1
CityWASHINGTONCity
StateDCState
ZIP Code20036ZIPCode
FieldValueIRS element (for citing)
Gross Receipts2994469GrossReceipts
Group Return For Affiliates0GroupReturnForAffiliates
Organization501cXOrganization501c
Web Sitewww.SEEDFOUNDATION.COMWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1997YearFormation
State Legal DomicileDCStateLegalDomicile
Activity Or Mission DescriptionTHE PURPOSES OF THE SEED FOUNDATION ARE THE ESTABLISHMENT,(continued on Schedule O) SUPPORT, AND OPERATION OF NOT-FOR-PROFIT SCHOOLS CONSISTENT WITH SECTION 501(C)(3).ActivityOrMissionDescription
Nbr Voting Members Governing Body23NbrVotingMembersGoverningBody
Nbr Independent Voting Members21NbrIndependentVotingMembers
Total Nbr Employees34TotalNbrEmployees
Total Nbr Volunteers5TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Net Unrelated Business Txbl Income0NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year5446841ContributionsGrantsPriorYear
Contributions Grants Current Year2355500ContributionsGrantsCurrentYear
Program Service Revenue Prior Year277591ProgramServiceRevenuePriorYear
Program Service Revenue CY572758ProgramServiceRevenueCY
Investment Income Prior Year72493InvestmentIncomePriorYear
Investment Income Current Year45241InvestmentIncomeCurrentYear
Other Revenue Current Year0OtherRevenueCurrentYear
Total Revenue Prior Year5796925TotalRevenuePriorYear
Total Revenue Current Year2973499TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year719633GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY10928427GrantsAndSimilarAmntsCY
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year2178017SalariesEtcPriorYear
Salaries Etc Current Year1920524SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY17018TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year612490TotalFundrsngExpCurrentYear
Other Expense Prior Year1164448OtherExpensePriorYear
Other Expenses Current Year809427OtherExpensesCurrentYear
Total Expenses Prior Year4062098TotalExpensesPriorYear
Total Expenses Current Year13675396TotalExpensesCurrentYear
Revenues Less Expenses Prior Year1734827RevenuesLessExpensesPriorYear
Revenues Less Expenses CY-10701897RevenuesLessExpensesCY
Total Assets BOY21619275TotalAssetsBOY
Total Assets EOY4637037TotalAssetsEOY
Total Liabilities BOY6574009TotalLiabilitiesBOY
Total Liabilities EOY159395TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY15045266NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY4477642NetAssetsOrFundBalancesEOY
Mission DescriptionThe SEED Foundation is a national nonprofit that partners with urban communities to provide innovative educational opportunities that prepare underserved students for success in college and beyond.MissionDescription
Significant New Program Services0SignificantNewProgramServices
Significant Change0SignificantChange
Expense12195219Expense
Grants10847013Grants
Revenue572758Revenue
DescriptionThe Seed Foundation made progress in the development of three additional sites in ohio, florida, and tennessee. the foundation continues to manage the growth of the seed school of maryland. Total expenses include the campus asset transfer to the SEED School of Maryland.Description

Activity2 Activity2

FieldValueIRS element (for citing)
Expense240348Expense
DescriptionImprove seed school educational program model. The seed foundation has arranged for educators at our two schools the opportunity to exchange ideas and best practices. This was done at our annual seed summit.Description

Activity3 Activity3

FieldValueIRS element (for citing)
Expense249016Expense
Grants81414Grants
DescriptionSupport SEED School graduates in their transition to college. SEED celebrated its second group of college graduates.Description
FieldValueIRS element (for citing)
Total Program Service Expense12684583TotalProgramServiceExpense
Described In501 C31DescribedIn501C3
Schedule B Required1ScheduleBRequired
Political Activities0PoliticalActivities
Lobbying Activities0LobbyingActivities
Donor Advised Funds0DonorAdvisedFunds
Conservation Easements0ConservationEasements
Collections Of Art0CollectionsOfArt
Credit Counseling0CreditCounseling
Term Or Permanent Endowments0TermOrPermanentEndowments
Balance Sheet Amounts Reported1BalanceSheetAmountsReported
Independent Audit Financial Stmt0IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt1ConsolidatedAuditFinancialStmt
School0School
Foreign Office0ForeignOffice
Foreign Activities0ForeignActivities
More Than5000 K To Organizations0MoreThan5000KToOrganizations
More Than5000 K To Individuals0MoreThan5000KToIndividuals
Professional Fundraising1ProfessionalFundraising
Fundraising Activities0FundraisingActivities
Gaming0Gaming
Hospital0Hospital
Grants To Organizations1GrantsToOrganizations
Grants To Individuals1GrantsToIndividuals
Schedule J Required1ScheduleJRequired
Tax Exempt Bonds0TaxExemptBonds
Excess Benefit Transaction0ExcessBenefitTransaction
Prior Excess Benefit Transaction0PriorExcessBenefitTransaction
Loan To Officer Or DQP0LoanToOfficerOrDQP
Grant To Related Person0GrantToRelatedPerson
Bsnss Rltnshp With Organization0BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member0BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp0OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions1DeductibleNonCashContributions
Deductible Contributions Of Art0DeductibleContributionsOfArt
Terminated0Terminated
Partial Liquidation0PartialLiquidation
Disregarded Entity0DisregardedEntity
Related Entity1RelatedEntity
Related Org Controlled Entity0RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org0TransfersToExemptNonChrtblOrg
Activities Conducted Partnership0ActivitiesConductedPartnership
Schedule O Required1ScheduleORequired
Number Forms Transmitted With109617NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup Witholding1ComplianceWithBackupWitholding
Number Of Employees34NumberOfEmployees
Employment Tax Returns Filed1EmploymentTaxReturnsFiled
Unrelated Business Income0UnrelatedBusinessIncome
Foreign Financial Account0ForeignFinancialAccount
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTrans
Taxable Party Notification0TaxablePartyNotification
Non Deductible Contributions0NonDeductibleContributions
Quid Pro Quo Contributions0QuidProQuoContributions
Form8282 Property Disposed Of0Form8282PropertyDisposedOf
Funds To Pay Premiums0FundsToPayPremiums
Premiums Paid0PremiumsPaid
Nbr Voting Governing Body Members23NbrVotingGoverningBodyMembers
Number Independent Voting Members21NumberIndependentVotingMembers
Family Or Business Relationship1FamilyOrBusinessRelationship
Delegation Of Management Duties0DelegationOfManagementDuties
Changes To Organizing Docs0ChangesToOrganizingDocs
Material Diversion Or Misuse0MaterialDiversionOrMisuse
Members Or Stockholders1MembersOrStockholders
Election Of Board Members1ElectionOfBoardMembers
Decisions Subject To Approval0DecisionsSubjectToApproval
Minutes Of Governing Body1MinutesOfGoverningBody
Minutes Of Committees1MinutesOfCommittees
Officer Mailing Address0OfficerMailingAddress
Local Chapters0LocalChapters
Form990 Provided To Governing Body1Form990ProvidedToGoverningBody
Conflict Of Interest Policy1ConflictOfInterestPolicy
Annual Disclosure Covered Persons1AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement1RegularMonitoringEnforcement
Whistleblower Policy0WhistleblowerPolicy
Document Retention Policy0DocumentRetentionPolicy
Compensation Process CEO1CompensationProcessCEO
Compensation Process Other1CompensationProcessOther
Investment In Joint Venture0InvestmentInJointVenture
States Where Copy Of Return Is FiledDCStatesWhereCopyOfReturnIsFiled
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1DWIGHT CRAWFORDBusinessNameLine1
FieldValueIRS element (for citing)
Telephone Number2027854123TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line11776 Massachusetts Ave NW No 600AddressLine1
CityWASHINGTONCity
StateDCState
ZIP Code20036ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (28 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensationOfficerOfficerHighest Compensated EmployeeHighestCompensatedEmployee
derek abruzzese
DIRECTOR2.00X000
Aviva Budd
DIRECTOR2.00X000
CINDY CAPLAN
DIRECTOR2.00X000
leslie crutchfield
director2.00X000
Thomas J Downey
DIRECTOR2.00X000
charles dwyer
director2.00X000
Vasco Fernandes
DIRECTOR2.00X000
Ann B Friedman
DIRECTOR2.00X000
Dean Garfield
DIRECTOR2.00X000
NANCY LANE
DIRECTOR2.00X000
JACK LAPORTE
DIRECTOR2.00X000
Glen Lewy
DIRECTOR2.00X000
Marc Miller
DIRECTOR2.00X000
Patricia Modell
DIRECTOR2.00X000
Virginia W Newmyer
dIRECTOR2.00X000
Lou Perez
dIRECTOR2.00X000
mitchell rales
dIRECTOR2.00X000
Michael G Ryan
DIRECTOR2.00X000
Lisbeth Schorr
DIRECTOR2.00X000
Eileen Shields-West
DIRECTOR2.00X000
David Webb
DIRECTOR2.00X000
ERIC ADLER
Managing Director40.00X159439015700X
Rajiv Vinnakota
Managing Director40.00X157574015700X
DWIGHT CRAWFORD
CFO40.00136784014927X
PyPER DAVIS
COO40.00106678014093X
cheye calvo
director of expansion40.0010958009338X
Amy Kant
Chief Strat. & Philanthr. Ofcr.40.0012681507567X
Gerald Kountz
Dir of Leadership Training40.0010865000X
FieldValueIRS element (for citing)
Total Reportable Comp From Org905520TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs0TotalReportableCompFrmRltdOrgs
Total Other Compensation77325TotalOtherCompensation
Number Individuals GT100 K7NumberIndividualsGT100K
Formers Listed0FormersListed
Total Comp GT150 K1TotalCompGT150K
Compensation From Other Sources0CompensationFromOtherSources

Contractor Compensation ContractorCompensation (2 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1CityAddressOfContractor/AddressUS/CityStateAddressOfContractor/AddressUS/StateZIP CodeAddressOfContractor/AddressUS/ZIPCodeDescription Of ServicesDescriptionOfServicesCompensationCompensation
dla piper llp
111 south calvert street ste 1950baltimoreMD212026193Legal146889
Regan Associates LLC
698 Pine StreetHerndonVA20170Construction Management138000
FieldValueIRS element (for citing)
Number Of Contractors GT100 K2NumberOfContractorsGT100K
All Other Contributions2355500AllOtherContributions
Noncash Contributions41428NoncashContributions
Total Contributions2355500TotalContributions

Program Service Revenue ProgramServiceRevenue

FieldValueIRS element (for citing)
Descriptionschool feeDescription
Business Code900099BusinessCode
Total Revenue Column572758TotalRevenueColumn
Related Or Exempt Function Income572758RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Program Service Revenue572758TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column40583TotalRevenueColumn
Exclusion$40,583ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

FieldValueIRS element (for citing)
Securities25628Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

FieldValueIRS element (for citing)
Securities20970Securities

Gain Or Loss GainOrLoss

FieldValueIRS element (for citing)
Securities4658Securities

Net Gain Or Loss Investments NetGainOrLossInvestments

FieldValueIRS element (for citing)
Total Revenue Column4658TotalRevenueColumn
Exclusion$4,658ExclusionAmount

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column2973499TotalRevenueColumn
Related Or Exempt Function Income572758RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$45,241ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

FieldValueIRS element (for citing)
Total10847013Total
Program Services10847013ProgramServices

Grants To Domestic Individuals GrantsToDomesticIndividuals

FieldValueIRS element (for citing)
Total81414Total
Program Services81414ProgramServices

Comp Current Officers Directors CompCurrentOfficersDirectors

FieldValueIRS element (for citing)
Total329600Total
Management And General329600ManagementAndGeneral

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total1360050Total
Program Services886482ProgramServices
Fundraising473568Fundraising

Pension Plan Contributions PensionPlanContributions

FieldValueIRS element (for citing)
Total48612Total
Program Services27725ProgramServices
Management And General11765ManagementAndGeneral
Fundraising9122Fundraising

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total58915Total
Program Services33600ProgramServices
Management And General14259ManagementAndGeneral
Fundraising11056Fundraising

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total123347Total
Program Services67933ProgramServices
Management And General22699ManagementAndGeneral
Fundraising32715Fundraising

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total132Total
Program Services132ProgramServices

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total38319Total
Program Services38319ProgramServices

Fees For Services Lobbying FeesForServicesLobbying

FieldValueIRS element (for citing)
Total90000Total
Program Services90000ProgramServices

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total17018Total
Fundraising17018Fundraising

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total33073Total
Program Services33073ProgramServices

Advertising Advertising

FieldValueIRS element (for citing)
Total4985Total
Fundraising4985Fundraising

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total75533Total
Program Services40117ProgramServices
Fundraising35416Fundraising

Information Technology InformationTechnology

FieldValueIRS element (for citing)
Total41332Total
Program Services34236ProgramServices
Fundraising7096Fundraising

Occupancy Occupancy

FieldValueIRS element (for citing)
Total134877Total
Program Services134877ProgramServices

Travel Travel

FieldValueIRS element (for citing)
Total33676Total
Program Services28954ProgramServices
Fundraising4722Fundraising

Conferences Meetings ConferencesMeetings

FieldValueIRS element (for citing)
Total28639Total
Program Services24382ProgramServices
Fundraising4257Fundraising

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total238103Total
Program Services238103ProgramServices

Insurance Insurance

FieldValueIRS element (for citing)
Total13602Total
Program Services13602ProgramServices

Other Expenses OtherExpenses (2 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServicesFundraisingFundraising
OHIO PROJECT4221642216
OTHER EXPENSES349402240512535

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total13675396Total
Program Services12684583ProgramServices
Management And General378323ManagementAndGeneral
Fundraising612490Fundraising

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY810227BOY
EOY982821EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

FieldValueIRS element (for citing)
BOY2357478BOY
EOY462287EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
BOY59295BOY
EOY87547EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY10658BOY
EOY26751EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis351874LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec132405LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY15893521BOY
EOY219469EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

FieldValueIRS element (for citing)
BOY1323895BOY
EOY1458402EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY1164201BOY
EOY1399760EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY21619275BOY
EOY4637037EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY1068179BOY
EOY159395EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

FieldValueIRS element (for citing)
BOY5224138BOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY281692BOY
EOY0EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY6574009BOY
EOY159395EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY11249668BOY
EOY2322628EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY3795598BOY
EOY2155014EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY15045266BOY
EOY4477642EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY21619275BOY
EOY4637037EOY
FieldValueIRS element (for citing)
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or Review0AccountantCompileOrReview
FS Audited1FSAudited
Audit Committee1AuditCommittee
Financial Statement ConsolidatedXFinancialStatementConsolidated
Federal Grant Audit Required0FederalGrantAuditRequired

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org170b1 AviXPubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years2071518CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years4485651CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years10547657CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year5446841CurrentTaxYearMinus1Year
Current Tax Year2355500CurrentTaxYear
Total24907167Total

Total170 Total170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years2071518CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years4485651CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years10547657CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year5446841CurrentTaxYearMinus1Year
Current Tax Year2355500CurrentTaxYear
Total24907167Total
FieldValueIRS element (for citing)
Amounts Subst Contributors Total10300614AmountsSubstContributorsTotal
Public Support Total17014606553PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years86097CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years150000CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years143786CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year72493CurrentTaxYearMinus1Year
Current Tax Year40583CurrentTaxYear
Total492959Total
FieldValueIRS element (for citing)
Total Support25400126TotalSupport
Gross Receipts From Admissions Etc1929179GrossReceiptsFromAdmissionsEtc
Public Support Pertcentage1700.57510PublicSupportPertcentage170
Public Support Pertcent Prior Year0.53300PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170XThirtyThreePercntTestsCY170

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule D IRS990ScheduleD

Equipment Equipment

FieldValueIRS element (for citing)
Other Cost Or Other Basis211165OtherCostOrOtherBasis
Depreciation118965Depreciation
Book Value92200BookValue

Other Land Buildings OtherLandBuildings

FieldValueIRS element (for citing)
Other Cost Or Other Basis140709OtherCostOrOtherBasis
Depreciation13440Depreciation
Book Value127269BookValue
FieldValueIRS element (for citing)
Total Of Book Value Land Buildings219469TotalOfBookValueLandBuildings

Other Assets OtherAssets (3 entries)

DescriptionDescriptionBook ValueBookValue
deposits32599
due from the md school1126076
due from the dc school241085
FieldValueIRS element (for citing)
Total Book Value Other Assets1399760TotalBookValueOtherAssets
Total Revenue2973499TotalRevenue
Total Expenses13675396TotalExpenses
Excess Or Deficit For Year-10701897ExcessOrDeficitForYear
Net Unrealized GL On Investments134273NetUnrealizedGLOnInvestments
Total Adjustments134273TotalAdjustments
Excess Or Deficit Per FS-10567624ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt26224276TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments134273NetUnrealizedGainsInvestments
Donated Srvc And Use Of Facilities27801DonatedSrvcAndUseOfFacilities
Other Revenues23088703OtherRevenues
Revenue Not Rptd F99023250777RevenueNotRptdF990
Revenue Subtotal2973499RevenueSubtotal
Revenue Not Rptd On Fin Stmt0RevenueNotRptdOnFinStmt
Total Revenue Per Form9902973499TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt22317614TotExpensesEtcAuditedFinclStmt
Donated Services Use Of Facilities27801DonatedServicesUseOfFacilities
Other Expenses Included8614417OtherExpensesIncluded
Expenses Not Rptd F9908642218ExpensesNotRptdF990
Expenses Subtotal13675396ExpensesSubtotal
Expenses Not Rptd On Fin Stmt0ExpensesNotRptdOnFinStmt
Total Expenses Per Form99013675396TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
Part X:Description of Uncertain Tax Positions Under FIN 48:The Foundation follows the accounting standard on accounting for uncertainty in income taxes, which addresses the determination of whether tax benefits claimed or expected to be claimed should be recorded in the financial statements. Under this guidance, the Foundation may recognize the tax benefit from an uncertain tax position only if it is more-likely-than-not that the tax position will be sustained upon examination by the taxing authorities, based upon the technical merits of the position. The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. The guidance on accounting for uncertainty in income taxes also addresses de-recognition, classification, interest and penalties on income taxes, and accounting in interim periods. Management evaluated the Foundation's tax position and concluded that the Foundation had taken no uncertain positions that require adjustments to the consolidated financial statements to comply with the provisions of this guidance. With few exceptions, the entities are no longer subject to U.S. federal income tax examinations by tax authorities for years before 2007.
Part XII, Line 2d - Other Adjustments:Consolidated activites from related entity included in the FS: 23088703.
Part XIII, Line 2d - Other Adjustments:Consolidated activites from related entity included in the FS: 8614417.

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Mail SolicitationsXMailSolicitations
Email SolicitationsXEmailSolicitations
Special Fundraising EventsXSpecialFundraisingEvents
Agreement Ref Fundraising1AgreementRefFundraising

Fundraiser Activity Information FundraiserActivityInformation (2 entries)

ActivityActivityFundraiser Control Of FundsFundraiserControlOfFundsGross ReceiptsGrossReceiptsAmount Retained By ContractorAmountRetainedByContractorNet To OrganizationNetToOrganization
Martha Webb
Development consulting005118-5118
DesignEng
Annual report design006000-6000
FieldValueIRS element (for citing)
Total Retained By Contractors11118TotalRetainedByContractors
Total Net To Organization-11118TotalNetToOrganization
Licensed StatesDCLicensedStates

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Records Maintained1RecordsMaintained

Recipient Table RecipientTable

Recipient Name Business RecipientNameBusiness

FieldValueIRS element (for citing)
Business Name Line1The SEED School of MarylandBusinessNameLine1

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1200 Font Hill AveAddressLine1
CityBALTIMORECity
StateMDState
ZIP Code21223ZIPCode
FieldValueIRS element (for citing)
EIN Of Recipient061818759EINOfRecipient
IRC Section501(C)(3)IRCSection
Amount Of Cash Grant1607070AmountOfCashGrant
Amount Of Non Cash Assistance9239943AmountOfNonCashAssistance
Method Of ValuationfmvMethodOfValuation
Description Of Non Cash Assistancebuilding & construction in progressDescriptionOfNonCashAssistance
Purpose Of GrantASSISTANCE WITH STARTUP OF SCHOOLPurposeOfGrant
FieldValueIRS element (for citing)
Total Nbr Of501 C3 And Govt Grants1TotalNbrOf501C3AndGovtGrants

Form990 Schedule I Part III Form990ScheduleIPartIII

FieldValueIRS element (for citing)
Type Of GrantCollege ScholarshipTypeOfGrant
Number Of Recipients22NumberOfRecipients
Amount Of Cash Grant81414AmountOfCashGrant

Form990 Schedule I Part IV Form990ScheduleIPartIV

FieldValueIRS element (for citing)
IdentifierProcedure for Monitoring Grants in the U.S.:Identifier
Return ReferencePart I, Line 2:ReturnReference
ExplanationSchedule I, Part I, Line 2: The SEED Foundation scholarships are only available to SEED school seniors enrolling in a full-time undergraduate program at an accredited college or university for the 2009-2010 academic year. An applicant must be a senior at The SEED School of Washington, DC. SEED scholarship recipients are selected in the spring prior to entering college. Applications are due no later than March 1, 2009. Applicants that submit completed applications by the specified due date will be contacted by the SEED Foundation to arrange for an in-person interview with a member of the SEED scholarship committee. Scholarship winners are selected on the basis of their applications, essays, recommendations, interviews, and a list of additional scholarships for which students are actively applying or have already received.Explanation

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation SurveyXCompensationSurvey
Board Or Committee ApprovalXBoardOrCommitteeApproval
Severance Payment0SeverancePayment
Supplemental Nonqual Retire Plan0SupplementalNonqualRetirePlan
Equity Based Comp Arrangement0EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org0CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs0CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org0CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs0CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments0AnyNonFixedPayments
Initial Contract Exception0InitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII (3 entries)

Base Compensation Filing OrgBaseCompensationFilingOrgComp Based On Related OrgsCompBasedOnRelatedOrgsBonus Filing OrgBonusFilingOrgBonus Related OrgsBonusRelatedOrgsOther Compensation Filing OrgOtherCompensationFilingOrgOther Compensation Related OrgsOtherCompensationRelatedOrgsDeferred Comp Filing OrgDeferredCompFilingOrgDeferred Comp Related OrgsDeferredCompRelatedOrgsNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgNontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgsTotal Compensation Filing OrgTotalCompensationFilingOrgTotal Compensation Related OrgsTotalCompensationRelatedOrgsComp Report Prior990 Filing OrgCompReportPrior990FilingOrgComp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs
ERIC ADLER
1565590002880049440107560175139000
Rajiv Vinnakota
1543940003180049440107560173274000
DWIGHT CRAWFORD
1339640002820041710107560151711000

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTraded

FieldValueIRS element (for citing)
Non Cash CheckboxXNonCashCheckbox
Number Of Contributions3NumberOfContributions
Noncash Contribs Rptd F99041428NoncashContribsRptdF990
Method Of Determining RevenuesFMVMethodOfDeterminingRevenues
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeld
Review Process Unusual NC Gifts1ReviewProcessUnusualNCGifts
Third Parties Used0ThirdPartiesUsed

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (7 entries)

IdentifierIdentifierExplanationExplanation
Form 990, Part VI, Section A, line 2Mitchell Rales and Michael G. Ryan - Business relationship
Form 990, Part VI, Section A, line 6THE SEED FOUNDATION HAS TWO MEMBERS, ERIC ADLER AND Rajiv Vinnakota.
Form 990, Part VI, Section A, line 7aTHE ORGANIZATION'S TWO MEMBERS, ERIC ADLER AND Rajiv Vinnakota, may elect new directors and must approve all new directors.
Form 990, Part VI, Section B, line 11The SEED Foundation Form 990 will be initially reviewed by its Chief Financial Officer. It will then be reviewed by the Board of Director's Finance Committee chairman. After the Finance Chair review a copy of the Form 990 will be sent to the entire Finance Committee. A final draft of the Form 990 will be distributed to The SEED Foundation's entire Board of Directors before it is filed.
Form 990, Part VI, Section B, line 12cFrom Conflict of Interest policy document. Section 6.01 Each Covered Person shall annually sign a statement which affirms that such Person: 1. has received a copy of the conflict of interest policy; 2. has read and understands the policy; 3.has agreed to comply with the policy; and 4.understands that the Foundation and its subsidiaries are charitable organizations and that in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes.
Form 990, Part VI, Section B, line 15The SEED Foundation Board of Directors approve the compensation of its officers, directors and key employees as part of approving the annual budget. Members of the Board of Directors receive no compensation. The Board of Directors set the compensation for officers and key employees by considering two factors: 1) an informal market analysis of comparable positions 2) what the organization can afford to pay based on its budget constraints.
Form 990, Part VI, Section C, line 19The Foundation makes its governing documents, conflict of interest policy and financial statements available to the public upon request.

Schedule R IRS990ScheduleR

Form990 Schedule R Part II Form990ScheduleRPartII (2 entries)

Address Line1AddressUS/AddressLine1CityAddressUS/CityStateAddressUS/StateZIP CodeAddressUS/ZIPCodeEINEINPrimary ActivitiesPrimaryActivitiesLegal Domicile StateLegalDomicileStateExempt Code SectionExemptCodeSectionPublic Charity StatusPublicCharityStatusDirect Controlling Entity NADirectControllingEntityNA
the seed public charter school of washington dc
4300 C Street SEwashingtonDC20019522099612boarding schoolDC501(c)(3)2N/A
the seed school of maryland
200 font hill avenuebaltimoreMD21223061818759boarding schoolMD501(c)(3)2N/A
FieldValueIRS element (for citing)
Receipt Of Int Ann Rents Royalties0ReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other Org1GiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other Org0GiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other Org1LoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other Org0LoansOrGuaranteesFromOtherOrg
Sale Of Assets To Other Org0SaleOfAssetsToOtherOrg
Purchase Of Assets From Other Org0PurchaseOfAssetsFromOtherOrg
Exchange Of Assets0ExchangeOfAssets
Rental Of Facilities To Other Orgs1RentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other Orgs0RentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other Orgs1PerformOfServicesForOtherOrgs
Perform Of Services By Other Orgs0PerformOfServicesByOtherOrgs
Sharing Of Facilities0SharingOfFacilities
Sharing Of Paid Employees0SharingOfPaidEmployees
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrg
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrg
Other Transfer To Other Org1OtherTransferToOtherOrg
Other Transfer From Other Org0OtherTransferFromOtherOrg

Transactions Related Orgs Table TransactionsRelatedOrgsTable (6 entries)

Transaction TypeTransactionTypeAmount InvolvedAmountInvolved
Seed School of maryland
K194000
Seed School of maryland
Q9239943
Seed School of maryland
I980000
seed School of maryland
B1597070
Seed School of DC
K380000
seed School of maryland
D25000000