Seeds Of Promise

Human Services · Grand Rapids, Michigan

1168 Madison Ave Se, Grand Rapids, MI 49507-1280

EIN: 383653224· Founded: Aug 2002· 24 years active· Filing Year: 2023

Annual Revenue

$131K

Total Expenses

$243K

Total Assets

$37K

Program Spending

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$104K

42.9% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$44K

Total Payroll

$149K

61% of total expenses

Where the Money Goes

Programs: 0%

Payroll: 61%

Other overhead: 100%

Program Revenue$880 (1%)

Total Expenses$243K (100%)

Payroll$149K (61%)

Overhead (non-program)100%

Trust Score Breakdown

Program Spending Ratio

0% of expenses go to programs

40%

Revenue & Stability

$131K annual revenue

15%

Executive Compensation

$104K total officer comp (42.9% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$37K in assets

10%

Similar Human Services Nonprofits in Michigan

Arab American And Chaldean Council

Troy · $19.1M

Peckham Vocational Industries Inc

Lansing · $273.7M

Hope Network

Grand Rapids · $165.6M

Midwest Energy Cooperative

Cassopolis · $146.6M

Holland Home

Grand Rapids · $80.4M

Compare these organizations →

View on ProPublica →View on GuideStar →More in Michigan →

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.