everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Seeds Of Promise

Grand Rapids, MI / EIN 38-3653224 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
201127,290−7,28858.1
2012211,103167,07544,0285.70%
2013165,427125,52339,90411.47%
2014159,830157,5332,2979.327%
2015169,413266,843−97,4301.140%
2016158,107143,00115,1063.344%
2017126,436131,184−4,7483.239%
201894,119133,233−39,114-0.440%
2019143,417128,05915,3581.044%
202086,729121,424−34,695-2.463%
2021262,104156,167105,9376.258%
2022296,352239,59156,7616.963%
2023130,684243,202−112,5181.261%

In its most recent public year (2023), this organization spent $112,518 more than it brought in. Its reserves stood at about 1.2 months of spending, down from 58.1 in 2011. Staff pay was 61% of spending.

Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings

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