Nonprofit · EIN 45-4098436
SEEDSPOT
Tax-exempt · PHOENIX, AZ 85004
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,535,195 | $1,695,855 | -$160,660 | $1,111,825 | $22,569 | $1,089,256 |
| June 30, 2024 | 990 | $1,603,818 | $1,245,128 | $358,690 | $1,310,332 | $61,319 | $1,249,013 |
| June 30, 2023 | 990 | $1,469,955 | $1,355,412 | $114,543 | $992,729 | $102,407 | $890,322 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,201,748
- Program service revenue
- $306,171
- Investment income
- $27,276
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $60,021
- Compensation of officers, directors and key employees
- $180,710
- Other salaries and wages
- $743,681
- Salaries, compensation and benefits (total)
- $1,040,505
- Professional fundraising fees
- $0
- Legal fees
- $4,375
- Accounting fees
- $78,082
- Occupancy
- $13,648
- Travel
- $33,627
- Depreciation
- $30,746
- Program services (functional)
- $1,074,893
- Management and general (functional)
- $468,578
- Fundraising (functional)
- $152,384
Balance sheet and other
- Total assets, start of year
- $1,310,332
- Total assets, end of year
- $1,111,825
- Total liabilities, end of year
- $22,569
- Net assets, end of year
- $1,089,256
- Land, buildings and equipment
- $8,922
- Publicly traded securities
- $5,798
- Net assets without donor restrictions
- $742,839
- Net assets with donor restrictions
- $346,417
- Gross receipts
- $1,535,195
- Employees
- 10
- Volunteers
- 410
- Year formed
- 2012
- State of legal domicile
- AZ
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ZACHARY LEVERENZ | CHIEF EXECUTIVE OFFICER Officer | 40 | $212,005 | $8,641 |
| LAUREN MCDANELL | VP OF STRATEGY & GROWTH Highest-paid employee | 40 | $132,167 | $6,863 |
| TRISTAN GANDOLFI | VICE PRESIDENT OF PROGRAMS Highest-paid employee | 40 | $124,833 | $0 |
| SENTARI MINOR | BOARD CHAIR Trustee or director, Officer | 3 | $0 | $0 |
| ERIN O'SHEA | TREASURER Trustee or director, Officer | 3 | $0 | $0 |
| SAVANNAH ONWOCHEI | SECRETARY Trustee or director, Officer | 3 | $0 | $0 |
| JANINE DAVISON | DIRECTOR Trustee or director | 3 | $0 | $0 |
| JOHN GAYLORD | DIRECTOR Trustee or director | 3 | $0 | $0 |
| RUSSELL GOLDSTEIN | DIRECTOR Trustee or director | 3 | $0 | $0 |
| BRIAN HILL | DIRECTOR Trustee or director | 3 | $0 | $0 |
| COURTNEY KLEIN | DIRECTOR Trustee or director | 3 | $0 | $0 |
| SHAUN MAYO | DIRECTOR Trustee or director | 3 | $0 | $0 |
| JORONDA MONTANO | DIRECTOR Trustee or director | 3 | $0 | $0 |
| RASHAD MOORE | DIRECTOR Trustee or director | 3 | $0 | $0 |
| NAHLA SALEM | DIRECTOR Trustee or director | 3 | $0 | $0 |
990 for the year ended June 30, 2024: 15 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ZACHARY LEVERENZ | CHIEF EXECUTIVE OFFICER Officer | 40 | $202,736 | $8,346 |
| LAUREN MCDANELL | VP OF STRATEGY & GROWTH Highest-paid employee | 40 | $123,528 | $5,233 |
| TRISTAN GANDOLFI | VICE PRESIDENT OF PROGRAMS Highest-paid employee | 40 | $109,083 | $57 |
| SENTARI MINOR | BOARD CHAIR Trustee or director, Officer | 3 | $0 | $0 |
| ERIN O'SHEA | TREASURER Trustee or director, Officer | 3 | $0 | $0 |
| SAVANNAH ONWOCHEI | SECRETARY Trustee or director, Officer | 3 | $0 | $0 |
| JANINE DAVISON | DIRECTOR Trustee or director | 3 | $0 | $0 |
| JOHN GAYLORD | DIRECTOR Trustee or director | 3 | $0 | $0 |
| RUSSELL GOLDSTEIN | DIRECTOR Trustee or director | 3 | $0 | $0 |
| BRIAN HILL | DIRECTOR Trustee or director | 3 | $0 | $0 |
| COURTNEY KLEIN | DIRECTOR Trustee or director | 3 | $0 | $0 |
| SHAUN MAYO | DIRECTOR Trustee or director | 3 | $0 | $0 |
| JORONDA MONTANO | DIRECTOR Trustee or director | 3 | $0 | $0 |
| RASHAD MOORE | DIRECTOR Trustee or director | 3 | $0 | $0 |
| NAHLA SALEM | DIRECTOR Trustee or director | 3 | $0 | $0 |
990 for the year ended June 30, 2023: 15 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ZACHARY LEVERENZ | CEO Officer | 40 | $205,000 |
| LAUREN MCDANELL | VP of Strategy | 40 | $121,819 |
| TRISTAN GANDOLFI | VP of Programs | 40 | $105,583 |
| SENTARI MINOR | Chairman Trustee or director | 3 | $0 |
| COURTNEY KLEIN | Director Trustee or director | 3 | $0 |
| RASHAD MOORE | Director Trustee or director | 3 | $0 |
| BRIAN HILL | Director Trustee or director | 3 | $0 |
| JORONDA MONTANO | Director Trustee or director | 3 | $0 |
| SUSAN PENFIELD | Director Trustee or director | 3 | $0 |
| SAVANNAH ONWOCHEI | Secretary Trustee or director | 0 | $0 |
| JANINE DAVISON | Director Trustee or director | 0 | $0 |
| JOHN GAYLORD | Director Trustee or director | 0 | $0 |
| RUSSELL GOLSTEIN | Director Trustee or director | 0 | $0 |
| NAHLA SALEM | Director Trustee or director | 0 | $0 |
| ERIN O'SHEA | Treasurer Officer | 30 | $0 |
Address and contacts
- Address (IRS master file)
- 515 E GRANT ST STE 150, PHOENIX, AZ 85004-2750
- Principal officer (990 for 2024)
- SHANNON MCGHEE, 515 E GRANT ST 150, PHOENIX, AZ 85004
- Signed the 990
- SHANNON MCGHEE, CHIEF EXECUTIVE OFFICER
- Phone
- (602) 456-9944
- Website
- SEEDSPOT.ORG
- Return prepared by
- WEGNER CPAS LLP
Mission
EDUCATING, ACCELERATING, AND INVESTMENT IN DIVERSE, IMPACT DRIVEN ENTREPRENEURS.
Program accomplishments
- SPECIALIZED AND PARTNERSHIP PROGRAMS: SEED SPOT DELIVERED SPECIALIZED ENTREPRENEURSHIP PROGRAMMING THROUGH TARGETED PARTNERSHIPS AND FEE-FOR-SERVICE ARRANGEMENTS, INCLUDING THE RETAIL BRAND ACCELERATOR, THE YOUTH ENTREPRENEURSHIP PROGRAM (INCLUDING AN INTERNSHIP TRACK), AND THE COMMUNITY HEALTH INCUBATOR. THESE PROGRAMS SERVED ENTREPRENEURS ACROSS RETAIL, CONSUMER BRANDS, COMMUNITY HEALTH, AND YOUTH AUDIENCES, PROVIDING CURRICULUM, COACHING, MENTORSHIP, AND NETWORK ACCESS TAILORED TO EACH POPULATION. APPROXIMATELY 300 ENTREPRENEURS WERE SERVED, LAUNCHING OR GROWING 102 NEW VENTURES AND GENERATING $23M IN COMBINED REVENUE.IMPACT ACCELERATORS: SEED SPOT PROVIDED INTENSIVE ACCELERATOR PROGRAMMING FOR IMPACT-DRIVEN ENTREPRENEURS, INCLUDING THE MENTAL AND BEHAVIORAL HEALTH IMPACT ACCELERATOR AND PLACE-BASED ACCELERATORS SERVING LOCAL ENTREPRENEUR COMMUNITIES. PARTICIPANTS RECEIVED STRUCTURED CURRICULUM, EXPERT MENTORSHIP, AND ACCESS TO INVESTOR AND INDUSTRY NETWORKS TO ADVANCE THEIR VENTURES AND SCALE THEIR IMPACT. APPROXIMATELY 49 ENTREPRENEURS WERE SERVED, 92% OF WHOM IDENTIFY AS UNDERREPRESENTED. PARTICIPANTS COLLECTIVELY RAISED $2.6M IN FUNDING.LAUNCH CAMPS: SEED SPOT DELIVERED COHORT-BASED LAUNCH CAMP PROGRAMMING FOR EARLY-STAGE ENTREPRENEURS THROUGH VIRTUAL AND IN-PERSON FORMATS, SERVING NATIONAL AND PHOENIX-BASED AUDIENCES IN BOTH ENGLISH AND SPANISH. PARTICIPANTS WERE GUIDED THROUGH BUSINESS MODEL DEVELOPMENT, PITCH PREPARATION, AND PEER LEARNING. MICROGRANTS OF UP TO $500 WERE AWARDED TO PARTICIPANTS UPON PROGRAM COMPLETION. APPROXIMATELY 140 ENTREPRENEURS WERE SERVED. GRANTS AND ALLOCATIONS: $50,000. FOREIGN GRANTS: NO.OTHER PROGRAM SERVICES (DESCRIPTION IS OPTIONAL): MENTORSHIP AND ALUMNI PROGRAMS: SEED SPOT PROVIDED ONGOING MENTORSHIP AND ALUMNI PROGRAMMING TO SUPPORT ENTREPRENEURS BEYOND CORE PROGRAM PARTICIPATION, INCLUDING ACCESS TO A NETWORK OF 400+ ACTIVE MENTORS AND AN ALUMNI COMMUNITY OF OVER 4,000 ENTREPRENEURS. ALUMNI RECEIVED ONGOING ACCESS TO NETWORK BENEFITS, RESOURCES, AND ENGAGEMENT OPPORTUNITIES TO SUPPORT THEIR CONTINUED GROWTH.Expenses $1,074,893 · grants $60,021 · revenue $306,171
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 45-4098436
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2014
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S43)
- Assets (IRS master file)
- $1,111,825
- Income (IRS master file)
- $1,535,195
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,535,195 | $1,695,855 | $1,111,825 | IRS |
| 990 | June 2024 | $1,603,818 | $1,245,128 | $1,310,332 | IRS |
| 990 | June 2023 | $1,469,955 | $1,355,412 | $992,729 | XML |
| 990 | June 2022 | $1,990,153 | $1,493,604 | $1,068,136 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 45-4098436).
Questions about SEEDSPOT
- What is the EIN of SEEDSPOT?
- The employer identification number (EIN) of SEEDSPOT is 45-4098436.
- Is SEEDSPOT tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to SEEDSPOT tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SEEDSPOT file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of SEEDSPOT due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SEEDSPOT last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of SEEDSPOT?
- The 990 for the year ended June 30, 2025 names SHANNON MCGHEE.
- Who are the officers and directors of SEEDSPOT?
- The 990 for the year ended June 30, 2025 lists 15 people; 3 received compensation from the organization, the highest $212,005 (ZACHARY LEVERENZ, CHIEF EXECUTIVE OFFICER).
- How much revenue does SEEDSPOT have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,535,195, expenses of $1,695,855 and total assets of $1,111,825 at year end.
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All nonprofits in PHOENIX · Arizona · Community improvement and capacity building