2024-05-15T10:02:44-07:00 2023-06-30 Pacific Accounting and Tax 18723 Via Princessa Unit 7 SANTA CLARITA CA 91387 990 2022-07-01 454098436 SEED SPOT SEED 6024569944 515 E Grant St STE 150 PHOENIX AZ 85004 Zachary Leverenz CEO 2024-05-15 true Zachary Leverenz 999009999 true Jacob Boje P01884869 6613739107 X 2 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z ZACHARY LEVERENZ 515 E Grant St STE 150 PHOENIX AZ 85004 1469955 false X www.seedspot.org X 2012 AZ EDUCATING, ACCELERATING, AND INVESTING IN IN ENTREPRENEURS WHO ARE CREATING SOLUTIONS TO SOCIAL PROBLEMS. 13 12 6 404 0 1577595 1133134 337047 297208 0 75511 39613 1990153 1469955 58936 51100 0 607232 689168 0 149599 827436 615144 1493604 1355412 496549 114543 1068136 992729 292755 102407 775381 890322 EDUCATING, ACCELERATING, AND INVESTING IN IN ENTREPRENEURS WHO ARE CREATING SOLUTIONS TO SOCIAL PROBLEMS. false false 969182 51100 297208 Entrepreneurs were supported through core programs such as 2DAY Launch Camps, Impact Accelerator Programs, STARTUP SPRING TRAINING , and individualized mentorship. Additionally, SEED SPOT has been able to partner with industry leaders to establish programs to reach entrepreneurs in health, equity and youth spaces. There were approximately 600 total entrepreneurs served. 969182 true true false false false false false false false false true false false true false true false false false false false false false false false false false false true true false false false false false false false false true false false false false false false false false true 18 0 false 6 true false false false false false false false 0 false false false false false false false X 13 12 false false false false false false false true true false false true true true true true true true false false X Zach Leverenz 6024569944 515 E Grant St STE 150 PHOENIX AZ 85004 ZACHARY LEVERENZ CEO 40.00 0.00 X 205000 0 0 LAUREN MCDANELL VP of Strategy 40.00 0.00 121819 0 0 TRISTAN GANDOLFI VP of Programs 40.00 0.00 105583 0 0 SENTARI MINOR Chairman 3.00 0.00 X 0 0 0 COURTNEY KLEIN Director 3.00 0.00 X 0 0 0 RASHAD MOORE Director 3.00 0.00 X 0 0 0 BRIAN HILL Director 3.00 0.00 X 0 0 0 JORONDA MONTANO Director 3.00 0.00 X 0 0 0 SUSAN PENFIELD Director 3.00 0.00 X 0 0 0 SAVANNAH ONWOCHEI Secretary 0.00 0.00 X 0 0 0 JANINE DAVISON Director 0.00 0.00 X 0 0 0 JOHN GAYLORD Director 0.00 0.00 X 0 0 0 RUSSELL GOLSTEIN Director 0.00 0.00 X 0 0 0 NAHLA SALEM Director 0.00 0.00 X 0 0 0 ERIN O'SHEA Treasurer 30.00 0.00 X 0 0 0 432402 3 false true false 0 99799 1033335 177605 1133134 ENTREPRENUER DEVELOPMENT 900099 297208 297208 297208 0 0 0 0 0 0 0 0 Other Revenue 900099 300 300 Sublease Venue Revenue 531190 39313 39313 39613 1469955 297208 39613 0 51100 51100 0 0 205000 143500 20500 41000 0 411175 316758 41118 53299 0 26799 21439 2680 2680 46194 36955 4619 4620 0 0 56054 56054 0 0 0 0 78721 78721 2239 2239 31182 24946 6236 0 26891 26891 33550 33550 0 0 0 0 30558 30558 11472 5736 5736 FACILITATOR EXPENSE 163478 163478 SUBCONTRACTORS 155183 67183 40000 48000 EVENTS 11919 11919 OTHER EXPENSES 7389 7389 6508 6508 1355412 969182 236631 149599 740726 708302 0 163354 100227 0 0 0 0 0 11837 9628 8933 6861 1547 2072 0 0 0 142500 112500 8172 60000 1068136 992729 208943 93755 39736 8652 44076 292755 102407 X 675381 790322 100000 100000 775381 890322 1068136 992729 114543 398 X false true X true false X 1736444 1628385 1177671 1916613 1430543 7889656 0 0 1736444 1628385 1177671 1916613 1430543 7889656 1677944 6211712 104189 109688 870 73541 6685 294973 0 0 8184629 0.75890 0.67400 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8933 6861 2072 2072 Pass-Through Asset 60000 Property Deposit 60000 X Part X : FIN48 Footnote MANAGEMENT BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE ORGANIZATION WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES WERE INCURRED. true 0 0 ENTREPRENURIAL DEVELOPMENT GRANT 83 41500 PROGRAM DEVELOPMENT DEMO DAY 8 9600 Additional Supplemental Information THE ORGANIZATION OFFERS $500 ENTREPRENURAL DEVELOPMENT GRANTS FOR THOSE THAT MEET CRITERIA DURING STARTUP SPRING TRAINING. ADDITIONALLY, ENTREPRENEURS CHOSEN TO PARTICIPATE DURING DEMO DAY, SHOWCASING CORE PROGRAMING, RECEIVED $1,200 PROGRAM DEVELOPMENT GRANTS. Grantmaker's Description of How Grants are Used THE ORGANIZATION DETERMINES GRANT RECIPIENTS DURING PROGRAMS COMPLETION. EACH RECIPIENT IS REQUIRED TO COMPLETE THE INFORMATIONAL DETAIL. GRANTS ARE APPROVED BY FINANCE DEPARTMENT AND GRANT INFORMATION IS RETAINED IN FINANCIAL DETAIL. true X X false false false false false false false true false ZACHARY LEVERENZ CEO 190000 15000 205000 Part I, Line 7: Non-Fixed payments not listed above CEO received year-end bonus. Bonus was not attributable to organization revenues. X ADVERTISING 1 69625 FV OF SERVICES X PROF SERVICES 1 7980 FV OF SERVICES X FACILITATOR FEE 1 100000 FV OF SERVICES false false false Form 990, Part VI, Section B, Line 11b THE CEO OF THE ORGANIZATION DISTRIBUTES A PDF COPY OF THE 990 RETURN TO BOARD FINANCE COMMITTEE FOR REVIEW AND COMMENT PRIOR TO FILING. Form 990, Part VI, Section B, Line 12c THE ORGANIZATION REVIEWS THE CONFLICT OF INTEREST POLICY ANNUALLY, AND REQUESTS THAT EACH BOARD MEMBER PROVIDE A LIST AND ACKNOWLEDGEMENT OF ANY KNOWN CONFLICTS. Form 990, Part VI, Section B, Line 15a THE BOARD OF DIRECTORS REVIEWS THE COMPENSATION OF THE ORGANIZATION'S OFFICERS AND KEY EMPLOYEES THROUGH COMPARATIVE ANALYSIS WITH THE COMPENSATION OF INDIVIDUALS IN SIMILAR POSITIONS - USING FILED FORM 990S, COMPENSATION STUDIES AND OTHER AVAILABLE DATA. ANY PROPOSED CHANGES IN COMPENSATION ARE THEN APPROVED ON THE BASIS OF THIS INFORMATION. CURRENTLY, THERE ARE NO EMPLOYEES MEETING THE DEFINITION OF KEY EMPLOYEE. Form 990, Part VI, Section C, Line 19 THE ORGANIZATION WILL PROVIDE, IN A TIMELY MANNER, COPIES OF ALL GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS WHEN REQUESTED IN WRITING OR IN PERSON. FORM 990, PART X BALANCE SHEET, LINE 15 DURING THE FISCAL YEAR ENDED JUNE 30, 2023, THE ORGANIZATION WAS GRANTED 500 ANNUAL SUBSCRIPTIONS TO MASTERCLASS TO BE SHARED WITH ENTREPRENEURS IN THE SEED SPOT NETWORK. TOTAL VALUE AT $60,000 TOTAL. THE SUBSCRIPTIONS WERE DISTRIBUTED DURING THE NEXT FISCAL YEAR. THE ORGANIZATION RECOGNIZED AN OTHER ASSET AND OTHER LIABILITY FOR THIS PASS-THROUGH CONTRIBUTION.