Seed Effect
Seed Effect
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About this organization
Mission
Seed Effect is a Christ-centered economic development organization. Our mission is to plant the seeds that overcome poverty by providing access to economic empowerment, education and spiritual discipleship in marginalized communities around the world.
About
In 2019, Seed Effect provided funding that enabled Seed Effect Uganda, an independent organization in Uganda, to launch savings and loan groups serving individuals. This Christ-centered, savings-led microfinance program empowered these individuals to build Christian community, study God's word, have a safe place to save, and access small loans to support income generation. 100% of these group members heard the gospel and had access to ongoing discipleship through weekly meetings and in partnership with the local church.
Interesting data from their 2020 990 filing
The filing documents outline the non-profit's mission as “Seed effect's mission is to plant the seeds that overcome poverty by providing access to economic empowerment, education, and spiritual discipleship in marginalized communities around the world.”.
When outlining the tasks it performs, they were referred to as: “Seed effect's mission is to plant the seeds that overcome poverty by providing access to economic empowerment, education, and spiritual discipleship in marginalized communities around the world.”.
- The non-profit's reported state of operation is TX as per legal requirements.
- As of 2020, the non-profit has 4 employees reported on their 990 form.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Has foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Expenses are between $500,000 and $1,000,000+.
- Revenue is greater than $1,000,000.
- Revenue less expenses is -$36,132.
- The compensation policy for the CEO of the organization is established through a review and endorsement from an independent source.
- The organization has 9 independent voting members.
- The organization was formed in 2012.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization is required to file Schedule O.
- The organization pays $332,178 in salary, compensation, and benefits to its employees.
- The organization pays $151,117 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization has minutes of its meetings.
- The organization has fundraising events.
- The organization's financial statements were reviewed by an accountant.
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