Seedspot
Public records show a registered, tax-exempt organization in good standing.
What it says it does
EDUCATING, ACCELERATING, AND INVESTMENT IN DIVERSE, IMPACT DRIVEN ENTREPRENEURS.
- Income
- $1.5 million
- Spending
- $1.7 million
- Spent on programs
- 63%
- Reserves
- 5.2 months of spending
- Largest source of income
- donations and private grants, 78%
- Employees
- 10
- Volunteers
- 410
- Highest pay
- $220,646, chief executive officer
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 62 out of 100. Higher than 36% of charities in its peer group (community improvement, $1m to $10m).
Reserves
20 of 35Spendable reserves would cover 5.2 months of spending.
Debt
20 of 20It owes 2% of what it owns.
Living within its means
4 of 15Spending exceeded income by 10% of income.
Income trend
10 of 15Income fell 4% on the year before.
Spending floor
8 of 1563% of spending went to programs and raising each dollar of donations cost 13 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 68% of charities in its peer group (community improvement, $1m to $10m).
Independent board
25 of 2512 of 12 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $1.1 million spent. 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.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since March 2014.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.