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Seed Spot

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 454098436 ✦ Phoenix, AZ ✦ Designated as a 501(c)(3)

Overview

What is Seed Spot?

Seed Spot is a nonprofit organization situated in Phoenix, Arizona, specifically at 515 E Grant St STE 150. Their mission is to empower and support diverse, impact-driven entrepreneurs. They accomplish this through various programs such as 2DAY Launch Camps, Impact Accelerator Programs, Partner Programs, and individualized mentorship. Additionally, they introduced Phoenix's first annual Startup Spring Training, a free 5-week event series that assisted 150 small businesses in Arizona with training and mentorship, collectively serving around 450 entrepreneurs. With a team of 11 dedicated individuals, Seed Spot plays a significant role in fostering entrepreneurial growth and impact within their community.


Official website here: www.seedspot.org

Is Seed Spot legitimate?

Seed Spot is a legitimate nonprofit organization registered as a 501(c)(3) entity. Seed Spot submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $202,057
Professional Fundraising Fees: $0
Other Salaries and Wages: $359,298

For more financial information, click here


Official website here: www.seedspot.org

What is the mission statement of Seed Spot?

Seed Spot's mission is centered around fostering and empowering diverse entrepreneurs who are driven by impact. They achieve this through various means, including educational programs, accelerators, and strategic investments. The organization's primary goal is to support these entrepreneurs in their journey, helping them to turn their ideas into impactful initiatives. Seed Spot offers a range of resources, such as 2DAY Launch Camps, Impact Accelerator Programs, Partner Programs, and individualized mentorship, to assist entrepreneurs in realizing their full potential. Furthermore, Seed Spot launched Phoenix's first annual Startup Spring Training, a free 5-week event series that provided training and mentorship to 150 small businesses in Arizona, thereby serving a substantial number of entrepreneurs.


Official website here: www.seedspot.org

Who is the CEO of Seed Spot?

Zachary Leverenz is the Ceo of Seed Spot. The CEO's salary of Seed Spot is $166,875 and their total compensation is $166,875.


Official website here: www.seedspot.org

What is the revenue of Seed Spot?

Seed Spot's revenue in 2022 was $1,990,153.


Official website here: www.seedspot.org

Who are the executives of Seed Spot and what are their salaries?

The average compensation at Seed Spot during 2022 was $51,032. There are 11 employees and 111 volunteers at Seed Spot.

Here are 15 key members and their salaries (Seed Spot's CEO's salary is $166,875 and their total compensation is $166,875):

    Zachary Leverenz (Ceo)
  • Compensation: $166,875
  • Related: $0
  • Other: $0

    • Lauren Mcdanell (Vp Of Strategy)
  • Compensation: $109,167
  • Related: $0
  • Other: $0

    • Erin O'Shea (Cfo)
  • Compensation: $14,823
  • Related: $0
  • Other: $0

    • Russell Goldstein (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sheila Herrling (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brent Papek (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sentari Minor (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patrick Armstrong (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Courtney Klein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Ellenby (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Molly Matthews (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rashad Moore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian Hill (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joronda Montao (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan Penfield (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.seedspot.org

    Where can I find the form 990 for Seed Spot?

    The Seed Spot’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.seedspot.org

    Learn more at the official website: www.seedspot.org

    Mission Statement of Seed Spot

    Seed Spot, an organization dedicated to education, acceleration, and investment, focuses on supporting diverse entrepreneurs driven by impact. Their mission is centered around nurturing these individuals, providing them with the necessary tools and resources to turn their ideas into viable businesses. Seed Spot accomplishes this through various programs such as 2DAY Launch Camps, Impact Accelerator Programs, Partner Programs, and individualized mentorship. These initiatives aim to educate and empower entrepreneurs, helping them to refine their business concepts and strategies.

    In addition to its educational offerings, Seed Spot also organizes events like Phoenix's first annual Startup Spring Training. This free, five-week event series offers training and mentorship to 150 small businesses in Arizona, ultimately serving around 450 entrepreneurs. By providing this comprehensive support system, Seed Spot plays a crucial role in fostering the growth and success of impact-driven entrepreneurs, contributing to a more innovative and socially responsible business landscape.

    Impact

    This information is meant to be a general summary of Seed Spot. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Seed Spot's impact is evident in its dedication to educating, accelerating, and investing in diverse, impact-driven entrepreneurs. Through programs like 2DAY Launch Camps, Impact Accelerator Programs, Partner Programs, and individualized mentorship, Seed Spot has supported approximately 450 entrepreneurs. Additionally, the organization launched Phoenix's first annual Startup Spring Training, a free 5-week event series that provided training and mentorship to 150 small businesses in Arizona. Seed Spot's commitment to fostering a community of innovative and socially conscious entrepreneurs is creating a tangible impact on the entrepreneurial landscape in Phoenix.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $337,047
  • Gross Receipts: $1,990,153

    • Assets and Liabilities:
  • Total Assets: $1,068,136
  • Total Liabilities: $292,755
  • Net Assets: $775,381
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    ENTREPRENUER DEVELOPMENT

    Revenue

    $337,047

    Organization Details

    Founding Year

    2012

    Principal Officer

    Zachary Leverenz

    Main Address

    515 E Grant St STE 150, PHOENIX, AZ, 85004

    NTEE Category

    Code: S43 - Community improvement

    If you are a representative of Seed Spot and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.