Nonprofit · EIN 65-0911582
HOPE SEEDS INC
Tax-exempt · BRADENTON, FL 34209
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $496,862 | $326,864 | $169,998 | $765,057 | $0 | $765,057 |
| December 31, 2023 | 990 | $314,989 | $276,570 | $38,419 | $588,352 | $0 | $588,352 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $482,016
- Program service revenue
- $0
- Investment income
- $14,846
- Net gain from sales of assets
- -$236
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $50,723
- Compensation of officers, directors and key employees
- $75,500
- Other salaries and wages
- $62,200
- Salaries, compensation and benefits (total)
- $151,939
- Professional fundraising fees
- $0
- Accounting fees
- $3,275
- Occupancy
- $16,364
- Travel
- $6,742
- Depreciation
- $8,310
- Program services (functional)
- $255,551
- Management and general (functional)
- $48,012
- Fundraising (functional)
- $23,301
Balance sheet and other
- Total assets, start of year
- $588,352
- Total assets, end of year
- $765,057
- Total liabilities, end of year
- $0
- Net assets, end of year
- $765,057
- Land, buildings and equipment
- $26,028
- Net assets without donor restrictions
- $765,057
- Gross receipts
- $497,098
- Employees
- 3
- Volunteers
- 2,231
- Year formed
- 1999
- 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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| David Balsbaugh | Executive Director Key employee | 40 | $75,500 | $2,265 |
| Gerrit Van Dyke PhD | Asst. Treasurer Trustee or director | 1 | $0 | $0 |
| Kenneth D Racke PhD | Director Trustee or director | 1 | $0 | $0 |
| Arthur Pabst PhD | Director Trustee or director | 1 | $0 | $0 |
| Jeffrey Basik | Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| Luella Franke | President Trustee or director, Officer | 1 | $0 | $0 |
| Mike Wade PhD | Vice President Trustee or director, Officer | 1 | $0 | $0 |
| Joseph Mattox PhD | Director Trustee or director | 1 | $0 | $0 |
| Laurie Anderson | Secretary Trustee or director, Officer | 1 | $0 | $0 |
| Rev James M Krach | Director Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| David Balsbaugh | Executive Director Key employee | 40 | $65,000 | $1,950 |
| Gerrit Van Dyke PhD | Asst. Treasurer Trustee or director | 1 | $0 | $0 |
| Kenneth D Racke PhD | Secretary Trustee or director, Officer | 1 | $0 | $0 |
| Dwight Shackelford | President Trustee or director, Officer | 1 | $0 | $0 |
| Art Pabst PhD | Vice President Trustee or director, Officer | 1 | $0 | $0 |
| Jeffrey Basik | Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| Luella Franke | Director Trustee or director | 1 | $0 | $0 |
| Mike Wade PhD | Director Trustee or director | 1 | $0 | $0 |
| Joseph Mattox PhD | Director Trustee or director | 1 | $0 | $0 |
| Laurie Anderson | Director Trustee or director | 1 | $0 | $0 |
| Rev James M Krach | Director Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 4501 MANATEE AVE W 161, BRADENTON, FL 34209-3952
- In care of
- % MIKE MUELLER
- Principal officer (990 for 2024)
- Franke Luella, 4501 Manatee Ave W 161, Bradenton, FL 34209
- Signed the 990
- Franke Luella, President
- Phone
- (941) 228-5660
- Website
- www.hopeseeds.org
- Return prepared by
- BROOKS AND PETERSON CPAs LLC
Mission
To provide seed and agricultural support to Christian missionaries and impoverished people worldwide.
Program accomplishments
- Seed distribution Donated, grown, and purchased seed was tested, packaged, and shipped to missions and other nonprofit organizations in underdeveloped countries for further distribution to impoverished people. During 2024, 931,997 packets of seed, 74,267 family seed growing kits, and over 79,000 messages of hope were shipped to 150 different mission agents in 27 countries.Expenses $255,551 · grants $50,723
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 65-0911582
- 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
- 1999
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- International, foreign affairs and national security (Q193)
- Assets (IRS master file)
- $765,057
- Income (IRS master file)
- $497,098
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $496,862 | $326,864 | $765,057 | IRS |
| 990 | December 2023 | $314,989 | $276,570 | $588,352 | XML |
| 990 | December 2022 | $332,266 | $270,337 | $550,316 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 65-0911582).
Questions about HOPE SEEDS INC
- What is the EIN of HOPE SEEDS INC?
- The employer identification number (EIN) of HOPE SEEDS INC is 65-0911582.
- Is HOPE SEEDS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
- Are donations to HOPE SEEDS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HOPE SEEDS 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 HOPE SEEDS 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 HOPE SEEDS 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 HOPE SEEDS INC?
- The 990 for the year ended December 31, 2024 names Franke Luella.
- Who are the officers and directors of HOPE SEEDS INC?
- The 990 for the year ended December 31, 2024 lists 10 people; 1 received compensation from the organization, the highest $75,500 (David Balsbaugh, Executive Director).
- How much revenue does HOPE SEEDS INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $496,862, expenses of $326,864 and total assets of $765,057 at year end.
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All nonprofits in BRADENTON · Florida · International, foreign affairs and national security