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Nonprofit · EIN 55-0882094

SEED OF ABRAHAM MINISTRIES INC

Tax-exempt · MERRITT IS, FL 32953

Financials

$6.1M$5.3M2023$6.1M$5.3M2024
Revenue Expenses · by fiscal year end
Financials of SEED OF ABRAHAM MINISTRIES INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$6,140,087$5,268,400$871,687$6,058,786$151,653$5,907,133
December 31, 2023990$6,083,159$5,281,574$801,585$5,227,795$159,244$5,068,551
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$5,756,062
Program service revenue
$137,846
Investment income
$47,098
Net rental income
$1,800
Net income from sales of inventory
$180,561
Other revenue
$199,081

Expenses

Grants and similar amounts paid
$935,676
Other salaries and wages
$626,816
Salaries, compensation and benefits (total)
$686,446
Professional fundraising fees
$0
Legal fees
$17,000
Accounting fees
$21,590
Occupancy
$87,515
Travel
$483,501
Depreciation
$139,395
Program services (functional)
$4,902,338
Management and general (functional)
$129,736
Fundraising (functional)
$236,326

Balance sheet and other

Total assets, start of year
$5,227,795
Total assets, end of year
$6,058,786
Total liabilities, end of year
$151,653
Net assets, end of year
$5,907,133
Land, buildings and equipment
$1,186,833
Net assets without donor restrictions
$4,984,743
Net assets with donor restrictions
$922,390
Gross receipts
$6,360,520
Employees
18
Volunteers
35
Year formed
2005
State of legal domicile
FL

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Patricia StallardSecretary
Trustee or director
40$63,888
Thomas BradfordPresident
Trustee or director
10$0
Robert LehtonVice President
Trustee or director
10$0
Thomas WilliamsonBoard Member
Trustee or director
10$0
Scott LangstonBoard Member
Trustee or director
10$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
Patricia StallardSecretary
Trustee or director
40$62,508
Thomas BradfordPresident
Trustee or director
10$0
Robert LehtonVice President
Trustee or director
10$0
Thomas WilliamsonBoard Member
Trustee or director
10$0
Scott LangstonBoard Member
Trustee or director
10$0

Address and contacts

Address (IRS master file)
6355 N COURTENAY PKWY, MERRITT IS, FL 32953-7010
In care of
% THOMAS BRADFORD
Principal officer (990 for 2024)
Thomas Bradford, 2105 Rockledge Dr, Rockledge, FL 32955
Signed the 990
Thomas Bradford, President
Phone
(321) 454-9322
Return prepared by
Rhonda L Hinds & Associates CPA PA

Mission

Religious Charitable Organization

990 for the year ended December 31, 2024

Program accomplishments

  • Prayer and worhsip and indepth group study of the Bible. Adult and child Bible study classes. Organization donates to other charitable organizations.
    Expenses $4,902,338 · revenue $6,140,087

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
55-0882094
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)
Group exemption
Exempt since
2017
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Religion-related (X20)
Group exemption
6223
Assets (IRS master file)
$6,058,786
Income (IRS master file)
$6,360,520

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$6,140,087$5,268,400$6,058,786IRS
990December 2023$6,083,159$5,281,574$5,227,795XML
990December 2022$4,698,984$4,139,768$4,880,224IRS
990December 2021$4,223,778$3,169,657$3,899,025IRS
990December 2020–––IRS
990December 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 55-0882094).

Questions about SEED OF ABRAHAM MINISTRIES INC

What is the EIN of SEED OF ABRAHAM MINISTRIES INC?
The employer identification number (EIN) of SEED OF ABRAHAM MINISTRIES INC is 55-0882094.
Is SEED OF ABRAHAM MINISTRIES INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
Are donations to SEED OF ABRAHAM MINISTRIES INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Group exemption).
Which annual return does SEED OF ABRAHAM MINISTRIES INC 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 SEED OF ABRAHAM MINISTRIES INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SEED OF ABRAHAM MINISTRIES INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of SEED OF ABRAHAM MINISTRIES INC?
The 990 for the year ended December 31, 2024 names Thomas Bradford.
Who are the officers and directors of SEED OF ABRAHAM MINISTRIES INC?
The 990 for the year ended December 31, 2024 lists 5 people; 1 received compensation from the organization, the highest $63,888 (Patricia Stallard, Secretary).
How much revenue does SEED OF ABRAHAM MINISTRIES INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $6,140,087, expenses of $5,268,400 and total assets of $6,058,786 at year end.

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