Overview

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Est.

2014

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

990s

990 file icon
2024
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2022
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2021
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AI Summary

SEEDS OF FORTUNE INC is a nonprofit edtech platform dedicated to youth development, helping members achieve economic security through affordable college options, financial management, and career skills within a supportive online network. With an operating budget of $570.5K and total revenue of $644.1K for the 2024 filing year, the organization does not rely on a single funder for 50% or more of its revenue. For more information, visit their website at www.seedsoffortune.org.

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Mission Statement

SEEDS OF FORTUNE INC. IS A NONPROFIT EDTECH PLATFORM HELPING MEMBERS ON THEIR FIRST STEPS TO ECONOMIC SECURITY BY FINDING AFFORDABLE COLLEGE OPTIONS, BUILDING FINANCIAL MANAGEMENT, AND CAREER SKILLS IN A SISTERLY ONLINE NETWORK.

Cause Areas

1
Youth development
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Financials

2024
Revenues
$644.1K
Expenses
$570.5K
Net Income:
+$73.6K
Assets
$412.3K
Liabilities
$44.8K
Net Assets:
+$367.5K

Financial Trends

2024
Operating Budget
$570.5K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Top Funders

Funder
Total Funding
Funding Share
Logo for "SPARKYOUTH NYC INC"
SPARKYOUTH NYC INC
New York, NY, US
$235K
5%
BROOKLYN COMMUNITY FOUNDATION
Brooklyn, NY, US
$170K
1%
Amplify Her Charitable Foundation
New York, NY, US
$103.2K
5%

Grants Received

2024
Total No. of Grants
5
Median grant size
$35.4K
Largest grant received
$70K

Board & Team

N
Nitiya Walker
Board Member
K
Keisha Alleyne
Board Member
M
Myles Oconnell
Board Member

Frequently Asked Questions

What is SEEDS OF FORTUNE INC’s budget?
In 2024, SEEDS OF FORTUNE INC reported an annual operating budget of around $571 thousand. More detailed financial information is available to registered users.
What causes does SEEDS OF FORTUNE INC support?
SEEDS OF FORTUNE INC supports work in Youth development.
Where does SEEDS OF FORTUNE INC operate?
SEEDS OF FORTUNE INC is headquartered in Brooklyn, NY.
Who funded SEEDS OF FORTUNE INC recently?
In 2025, SEEDS OF FORTUNE INC received grants from AMERICAN ONLINE GIVING FOUNDATION INC, SPARKYOUTH NYC INC, and Amplify Her Charitable Foundation. More information on this organization’s funders is available to registered users.
What is the largest grant SEEDS OF FORTUNE INC received in 2024?
The largest grant to SEEDS OF FORTUNE INC in 2024 exceeds $70 thousand.
What is SEEDS OF FORTUNE INC’s reliance on government grants?
SEEDS OF FORTUNE INC relied on government grants for more than 100% of their total revenue in 2024.