STRATEGY STUDIO / PUBLIC DATA EXPLORER

THE SEED SCHOOL OF MARYLAND INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
THE SEED SCHOOL OF MARYLAND INC (EIN 06-1818759)
Tax period
2024-07-01 to 2025-06-30
Filed
2026-05-12
IRS object ID
202611329349307226
Schema version
2024v5.5
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2026-05-12T17:17:56-05:00ReturnTs
Tax Period End2025-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN420714325PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1RSM US LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1919 EAST MAIN STREET SUITE 1800AddressLine1Txt
CityRICHMONDCityNm
State AbbreviationVAStateAbbreviationCd
ZIP23219ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN061818759EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE SEED SCHOOL OF MARYLANDBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSEEDBusinessNameControlTxt
Phone4108439477PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1200 FONT HILL AVENUEAddressLine1Txt
CityBALTIMORECityNm
State AbbreviationMDStateAbbreviationCd
ZIP212232703ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonGERARDO A LUNAPersonNm
Person TitleNETWORK CFOPersonTitleTxt
Phone4108439477PhoneNum
Signature2026-05-11SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMEREDITH BELLPreparerPersonNm
PTINP01696827PTIN
Phone8042822121PhoneNum
Preparation2026-05-11PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerKIRK SYKESPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1200 FONT HILL AVENUEAddressLine1Txt
CityBALTIMORECityNm
State AbbreviationMDStateAbbreviationCd
ZIP212232703ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$23,362,851GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressHTTPS://WWW.SEEDSCHOOLMD.ORG/WebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2007FormationYr
Legal Domicile StateMDLegalDomicileStateCd
Activity Or MissionTHE SEED SCHOOL OF MD IS A STATEWIDE, PUBLIC, COLLEGE-PREPARATORY BOARDING SCHOOL. BY DESIGN AND STATE-LAW, SEED MD SERVES STUDENTS WHO COULD MOST BENEFIT FROM OUR 24-HOUR LEARNING ENVIRONMENT.ActivityOrMissionDesc
Voting Members Governing Body25VotingMembersGoverningBodyCnt
Voting Members Independent24VotingMembersIndependentCnt
Total Employee187TotalEmployeeCnt
Total Volunteers25TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$8,176,018PYContributionsGrantsAmt
CY Contributions Grants$4,672,407CYContributionsGrantsAmt
PY Program Service Revenue$18,028,356PYProgramServiceRevenueAmt
CY Program Service Revenue$18,524,581CYProgramServiceRevenueAmt
PY Investment Income$12,596PYInvestmentIncomeAmt
CY Investment Income$14,675CYInvestmentIncomeAmt
PY Other Revenue$34,727PYOtherRevenueAmt
CY Other Revenue$71,963CYOtherRevenueAmt
PY Total Revenue$26,251,697PYTotalRevenueAmt
CY Total Revenue$23,283,626CYTotalRevenueAmt
PY Grants And Similar Paid$39,000PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$40,846CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$12,393,078PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$11,786,465CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$571,573CYTotalFundraisingExpenseAmt
PY Other Expenses$9,934,110PYOtherExpensesAmt
CY Other Expenses$11,109,596CYOtherExpensesAmt
PY Total Expenses$22,366,188PYTotalExpensesAmt
CY Total Expenses$22,936,907CYTotalExpensesAmt
PY Revenues Less Expenses$3,885,509PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$346,719CYRevenuesLessExpensesAmt
Total Assets BOY$47,315,220TotalAssetsBOYAmt
Total Assets EOY$47,008,000TotalAssetsEOYAmt
Total Liabilities BOY$17,202,296TotalLiabilitiesBOYAmt
Total Liabilities EOY$16,548,357TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$30,112,924NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$30,459,643NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE SEED SCHOOL OF MARYLAND (SEED MARYLAND) IS A STATEWIDE, PUBLIC, COLLEGE-PREPARATORY BOARDING SCHOOL OFFERING AN EXTRAORDINARY LEARNING AND LIVING EXPERIENCE IN PREPARATION FOR COLLEGE AND BEYOND. THE MARYLAND GENERAL ASSEMBLY PASSED LEGISLATION TO ESTABLISH THE SCHOOL WHICH RECEIVES STATE, LOCAL AND PRIVATE FUNDS. THE MARYLAND STATE DEPT. OF EDUCATION (MSDE) OVERSEES THE SCHOOL AND HOLDS IT ACCOUNTABLE TO STATE AND FEDERAL STANDARDS FOR TEACHING AND LEARNING. BY DESIGN AND STATE-LAW, SEED MARYLAND SERVES STUDENTS WHO COULD MOST BENEFIT FROM OUR 24-HOUR LEARNING ENVIRONMENT.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$19,173,663ExpenseAmt
Grant$40,846GrantAmt
Revenue$18,524,581RevenueAmt
DescPROVIDE OUTSTANDING INTENSIVE RESIDENTIAL EDUCATION PROGRAM THAT PREPARES CHILDREN, BOTH ACADEMICALLY AND SOCIALLY, FOR SUCCESS IN COLLEGE.Desc
Total Program Service Expenses$19,173,663TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt BondsYes (1)TaxExemptBondsInd
Invest Tax Exempt Bonds0InvestTaxExemptBondsInd
Escrow Account0EscrowAccountInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document82IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee187EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members25GoverningBodyVotingMembersCnt
Independent Voting Member24IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or MisuseYes (1)MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of Committees0MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldMDStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GERARDO A LUNABusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4108439477PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1200 FONT HILL AVENUEAddressLine1Txt
CityBALTIMORECityNm
State AbbreviationMDStateAbbreviationCd
ZIP212232703ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (32 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
LESLEY POOLE
TRUSTEE/CEO SEED FND1.0041.00Yes (X)$0$328,338$35,108
ERIC ADLER
CO-FOUNDER1.002.00Yes (X)$0$0$0
STEVE FEDDER
BOARD CHAIR3.002.00Yes (X)$0$0$0Yes (X)
CHRIS ROSENTHAL
FINANCE COMMITTEE CHAIR1.00Yes (X)$0$0$0
JOE MARTEL
DEVELOPMENT COMMITTEE CHAIR1.00Yes (X)$0$0$0
DENISE ANDREWS
GOVERNMENT RELATIONS CHAIR1.00Yes (X)$0$0$0
KAREN BARNES
EDUCATIONAL COMMITTEE CHAIR1.00Yes (X)$0$0$0
MICHELLE BONDIMA
BOARD MEMBER1.00Yes (X)$0$0$0
MONIQUE BOOKER
BOARD MEMBER1.00Yes (X)$0$0$0
JERNEE BRAMBLE
BOARD MEMBER1.00Yes (X)$0$0$0
TUCK BURCH
BOARD MEMBER1.00Yes (X)$0$0$0
ANTONIO CAMPBELL
BOARD MEMBER1.00Yes (X)$0$0$0
STUART CHERRY
BOARD MEMBER1.00Yes (X)$0$0$0
BRIAN FIELD
BOARD MEMBER1.00Yes (X)$0$0$0
LAURA GREEN
BOARD MEMBER1.00Yes (X)$0$0$0
ANTHONY HAWKINS
BOARD MEMBER1.00Yes (X)$0$0$0
SAM LENNON
BOARD MEMBER1.00Yes (X)$0$0$0
ERIC LOEB
BOARD MEMBER1.00Yes (X)$0$0$0
STEVE MACMANUS
BOARD MEMBER1.00Yes (X)$0$0$0
JOHN MILLER
BOARD MEMBER1.00Yes (X)$0$0$0
MARC MILLER
BOARD MEMBER1.00Yes (X)$0$0$0
DAMIEN MYERS
BOARD MEMBER1.00Yes (X)$0$0$0
IESHA PANKEY
BOARD MEMBER1.00Yes (X)$0$0$0
REGGIE SMALLWOOD
BOARD MEMBER1.00Yes (X)$0$0$0
BILL WHITING
BOARD MEMBER1.00Yes (X)$0$0$0
KIRK SYKES
HEAD OF SCHOOL40.00$226,265$0$34,970Yes (X)
GERARDO LUNA
NETWORK CFO16.0024.00$88,811$108,547$24,689Yes (X)
KATIE DEL CARMEN BYRAM
DIRECTOR OF DEVELOPMENT40.00$132,731$0$35,975Yes (X)
JOANN CHANDLER-ROBINSON
CHIEF OF STAFF40.00$110,804$0$41,990Yes (X)
TASHAWNA MILLER
DIRECTOR OF ACADEMICS40.00$127,311$0$16,373Yes (X)
JENNIFER AHN
ASSISTANT PRINCIPAL40.00$119,632$0$34,892Yes (X)
AMIE CORTEZ
MATH TEACHER40.00$112,177$0$36,440Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$917,731TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$436,885TotReportableCompRltdOrgAmt
Total Other Compensation$260,437TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K16IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
THE SEED FOUDATION
1730 RHODE ISLAND AVE NW 713WASHINGTONDC20036MANAGEMENT FEES$1,201,400
ALADDIN FOOD MANAGEMENT SERVICES LLC
16567 COLLECTION CTR DRCHICAGOIL606931656FOOD SERVICE$1,034,049
WOODLAWN MOTOR COACH INC
6523 BALTIMORE NATIONAL PIKEBALTIMOREMD21228TRANSPORTATION$705,925
ANGO OF BALTIMORE
1406 B CRAIN HIGHWAY SOUTH SUITE 1GLEN BURNIEMD21061CLEANING SERVICES$484,796
EQUIPOISE PROTECTION
2816 KENTUCKY AVENUEBALTIMOREMD21216SECURITY SERVICES$221,738
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K13CntrctRcvdGreaterThan100KCnt
Fundraising$202,215FundraisingAmt
Government Grants$3,604,601GovernmentGrantsAmt
All Other Contributions$865,591AllOtherContributionsAmt
Total Contributions$4,672,407TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
PER PUPIL ALLOCATION900099$18,458,557$18,458,557
SCHOOL BASED HEALTH CA900099$66,024$66,024
FieldValueIRS element (for citing)
Total Program Service Revenue$18,524,581TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$14,675TotalRevenueColumnAmt
Exclusion$14,675ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$26,206FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$202,215ContriRptFundraisingEventAmt
Fundraising Direct Expenses$79,225FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$53,019TotalRevenueColumnAmt
Exclusion-$53,019ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtExclusionExclusionAmt
BAD DEBT RECOVERY900099$88,558$88,558
CAFETERIA900099$36,424$36,424
FieldValueIRS element (for citing)
Other Revenue Total$124,982OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$23,283,626TotalRevenueColumnAmt
Related Or Exempt Func Income$18,524,581RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$86,638ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$40,846TotalAmt
Program Services$40,846ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$403,621TotalAmt
Management And General$403,621ManagementAndGeneralAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$9,222,953TotalAmt
Program Services$8,553,164ProgramServicesAmt
Management And General$476,124ManagementAndGeneralAmt
Fundraising$193,665FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$306,236TotalAmt
Management And General$306,236ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$1,119,280TotalAmt
Program Services$1,951,870ProgramServicesAmt
Management And General-$886,259ManagementAndGeneralAmt
Fundraising$53,669FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$734,375TotalAmt
Program Services$10,156ProgramServicesAmt
Management And General$724,118ManagementAndGeneralAmt
Fundraising$101FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$1,103,000TotalAmt
Management And General$1,103,000ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$23,436TotalAmt
Program Services$1,500ProgramServicesAmt
Management And General$21,936ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$166,027TotalAmt
Management And General$166,027ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$1,609,045TotalAmt
Program Services$1,426,943ProgramServicesAmt
Management And General$112,787ManagementAndGeneralAmt
Fundraising$69,315FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$50,101TotalAmt
Program Services$23,541ProgramServicesAmt
Fundraising$26,560FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$237,187TotalAmt
Program Services$194,963ProgramServicesAmt
Management And General$36,092ManagementAndGeneralAmt
Fundraising$6,132FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$143,978TotalAmt
Program Services$112,140ProgramServicesAmt
Management And General$31,818ManagementAndGeneralAmt
Fundraising$20FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$1,359,007TotalAmt
Program Services$1,270,654ProgramServicesAmt
Management And General$58,947ManagementAndGeneralAmt
Fundraising$29,406FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$947,448TotalAmt
Program Services$917,758ProgramServicesAmt
Management And General$22,803ManagementAndGeneralAmt
Fundraising$6,887FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$183,331TotalAmt
Program Services$167,867ProgramServicesAmt
Management And General$14,800ManagementAndGeneralAmt
Fundraising$664FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$400,242TotalAmt
Program Services$374,146ProgramServicesAmt
Management And General$17,411ManagementAndGeneralAmt
Fundraising$8,685FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$1,529,580TotalAmt
Program Services$1,431,849ProgramServicesAmt
Management And General$65,204ManagementAndGeneralAmt
Fundraising$32,527FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$440,874TotalAmt
Program Services$23,438ProgramServicesAmt
Management And General$416,892ManagementAndGeneralAmt
Fundraising$544FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
STUDENT FOOD SERVICES$1,343,943$1,320,221$16,788$6,934
STUDENT ACTIVITIES$1,314,014$1,265,471$27$48,516
DEVELOPMENT EXPENSES$86,770$86,770
BAD DEBT EXPENSES$59,065$66,402-$7,337

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$112,548TotalAmt
Program Services$20,734ProgramServicesAmt
Management And General$90,636ManagementAndGeneralAmt
Fundraising$1,178FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$22,936,907TotalAmt
Program Services$19,173,663ProgramServicesAmt
Management And General$3,191,671ManagementAndGeneralAmt
Fundraising$571,573FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$4,901,886BOYAmt
EOY$7,994,041EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$3,896,760BOYAmt
EOY$1,376,156EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,176BOYAmt
EOY$4,000EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$104,498BOYAmt
EOY$220,399EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$53,060,655LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$17,349,795LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$36,780,150BOYAmt
EOY$35,710,860EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$1,630,750BOYAmt
EOY$1,702,544EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$47,315,220BOYAmt
EOY$47,008,000EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$1,331,839BOYAmt
EOY$1,548,576EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$82,960BOYAmt
EOY$150,000EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$15,745,670BOYAmt
EOY$14,692,307EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$41,827BOYAmt
EOY$157,474EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$17,202,296BOYAmt
EOY$16,548,357EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$27,191,941BOYAmt
EOY$27,672,864EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,920,983BOYAmt
EOY$2,786,779EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$30,112,924BOYAmt
EOY$30,459,643EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$47,315,220BOYAmt
EOY$47,008,000EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$346,719ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consol And Sep Basis Fincl StmtYes (X)ConsolAndSepBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$48,361,677OtherCostOrOtherBasisAmt
Depreciation$16,662,146DepreciationAmt
Book Value$31,699,531BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$335,209OtherCostOrOtherBasisAmt
Depreciation$129,190DepreciationAmt
Book Value$206,019BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$4,363,769OtherCostOrOtherBasisAmt
Depreciation$558,459DepreciationAmt
Book Value$3,805,310BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$35,710,860TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescDUE TO THE SEED FOUNDATION, INC.Desc
Amt$157,474Amt
FieldValueIRS element (for citing)
Total Liability$157,474TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$23,359,963TotalRevEtcAuditedFinclStmtAmt
Other Revenue-$2,888OtherRevenueAmt
Revenue Not Reported-$2,888RevenueNotReportedAmt
Revenue Subtotal$23,362,851RevenueSubtotalAmt
Other Revenues Not Included-$79,225OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt-$79,225RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$23,283,626TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$23,013,244TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$79,225OtherExpensesIncludedAmt
Expenses Not Reported$79,225ExpensesNotReportedAmt
Expenses Subtotal$22,934,019ExpensesSubtotalAmt
Other Expenses Not Included$2,888OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$2,888ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$22,936,907TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:THE SCHOOL IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND IS NOT CONSIDERED TO BE A PRIVATE FOUNDATION. UNDER SECTION 501(C)(3) OF THE IRC, THE SCHOOL IS EXEMPT FROM FEDERAL TAXES ON INCOME OTHER THAN UNRELATED BUSINESS INCOME. THE SCHOOL DID NOT HAVE ANY NET UNRELATED BUSINESS INCOME FOR THE YEAR ENDED JUNE 30, 2025. THE SCHOOL FOLLOWS THE ACCOUNTING STANDARD OF ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE SCHOOL MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES BASED UPON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ALSO ADDRESSES DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES ON INCOME TAXES AND ACCOUNTING IN INTERIM PERIODS. MANAGEMENT EVALUATED THE SCHOOL'S TAX POSITIONS AND CONCLUDED THAT THE SCHOOL HAS TAKEN NO UNCERTAIN POSITIONS THAT REQUIRE ADJUSTMENTS TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. GENERALLY, THE SCHOOL IS NO LONGER SUBJECT TO U.S. FEDERAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2022.
PART XI, LINE 2D - OTHER ADJUSTMENTS:RECLASS TO EXPENSE -2,888.
PART XI, LINE 4B - OTHER ADJUSTMENTS:FUNDRAISING EVENT EXPENSES REPORTED ON PART VIII LINE 8B -79,225.
PART XII, LINE 2D - OTHER ADJUSTMENTS:FUNDRAISING EVENT EXPENSES REPORTED ON PART VIII LINE 8B 79,225.
PART XII, LINE 4B - OTHER ADJUSTMENTS:RECLASS TO EXPENSE 2,888.

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (1)GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3THE SCHOOL SHALL ADMIT STUDENTS OF ANY RACE, COLOR, NATIONAL AND ETHNIC ORIGIN. IT WILL NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, NATIONAL AND ETHNIC ORIGIN IN ADMINISTRATION OF ITS EDUCATIONAL POLICIES, ADMISSIONS, OR ATHLETIC AND OTHER SCHOOL-ADMINISTERED PROGRAMS.
SCHEDULE E, PART I, LINE 6THE SEED SCHOOL OF MARYLAND RECEIVES A STUDENT ALLOCATION FROM THE STATE OF MARYLAND TO COVER THE COST OF ACADEMIC AND FACILITIES EXPENSES. THE SCHOOL ALSO RECEIVES FEDERAL TITLE GRANTS ADMINISTERED BY THE STATE EDUCATION AGENCY TO HELP COVER ADDITIONAL COSTS FOR SERVING UNDERSERVED STUDENTS.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1HEBROS GOLF TOURNAMENTEvent1Nm
Gross Receipts Event1$150,376GrossReceiptsEvent1Amt
Charitable Contri Event1$125,356CharitableContriEvent1Amt
Gross Revenue Event1$25,020GrossRevenueEvent1Amt
Food And Beverage Event1$25,020FoodAndBeverageEvent1Amt
Other Direct Expenses Event1$19,456OtherDirectExpensesEvent1Amt
Event2RUN UP TO JUNETEENTHEvent2Nm
Gross Receipts Event2$78,045GrossReceiptsEvent2Amt
Charitable Contri Event2$76,859CharitableContriEvent2Amt
Gross Revenue Event2$1,186GrossRevenueEvent2Amt
Other Direct Expenses Event2$34,749OtherDirectExpensesEvent2Amt
Gross Receipts Total$228,421GrossReceiptsTotalAmt
Charitable Contributions Tot$202,215CharitableContributionsTotAmt
Gross Revenue Total Events$26,206GrossRevenueTotalEventsAmt
Food And Beverage Total Events$25,020FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events$54,205OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$79,225DirectExpenseSummaryEventsAmt
Net Income Summary-$53,019NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSCHOLARSHIP FOR COLLEGEGrantTypeTxt
Recipient23RecipientCnt
Cash Grant$40,846CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationSCHOLARSHIP FOR COLLEGES: THE SELECTION IS BASED ON THEIR ACADEMIC PERFORMANCE AND ACTIVITIES WHILE AT SEED. DECIDED WITH INPUT FROM THE ACADEMIC, STUDENT LIFE, HEAD OF SCHOOL AND OTHER DEPARTMENTS AS APPLICABLE AND APPROVED BY THE DONOR. THE FUNDS ARE PAID DIRECTLY TO THE SCHOOL THAT THE GRADUATE ATTENDS AND IS FORFEITED IF THE STUDENT DROPS OUT.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation Required0SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (5 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
LESLEY POOLE
TRUSTEE/CEO SEED FND$0$313,170$0$12,000$0$3,168$0$15,986$0$19,122$0$363,446$0$0
KIRK SYKES
HEAD OF SCHOOL$226,265$0$0$0$0$0$13,768$0$21,202$0$261,235$0$0$0
GERARDO LUNA
NETWORK CFO$88,811$108,547$0$0$0$0$5,344$6,531$5,692$7,122$99,847$122,200$0$0
KATIE DEL CARMEN BYRAM
DIRECTOR OF DEVELOPMENT$132,731$0$0$0$0$0$4,168$0$31,807$0$168,706$0$0$0
JOANN CHANDLER-ROBINSON
CHIEF OF STAFF$110,804$0$0$0$0$0$4,298$0$37,692$0$152,794$0$0$0

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 1AKIRK SYKES, HEAD OF SCHOOL RECEIVED NON-TAXABLE HOUSING BENEFITS IN THE AMOUNT OF $18,000. THE HEAD OF SCHOOL AS A REQUIREMENT OF EMPLOYMENT MUST RESIDE ON CAMPUS. HOUSING IS PROVIDED FOR THIS PURPOSE.
PART I, LINE 3THE SEED SCHOOL OF MARYLAND IS RELATED TO THE SEED FOUNDATION. THE SEED FOUNDATION PROVIDES THE COMPENSATION TO LESLEY POOLE. THE SCHOOL DOES NOT COMPENSATE THE INDIVIDUAL. THE SCHOOL RELIES ON ITS RELATED ORGANIZATION'S METHODOLOGY OF DETERMINING COMPENSATION. THE FOLLOWING ARE THE COMPENSATION DETERMINATION POLICIES OF THE SEED FOUNDATION. THE SEED FOUNDATION BOARD OF DIRECTORS APPROVES THE COMPENSATION OF ITS OFFICERS, DIRECTORS AND KEY EMPLOYEES AS PART OF APPROVING THE ANNUAL BUDGET. MEMBERS OF THE BOARD OF DIRECTORS RECEIVE NO COMPENSATION. THE BOARD OF DIRECTOR SET THE COMPENSATION FOR OFFICERS AND KEY EMPLOYEES BY CONSIDERING TWO FACTORS: 1) AN INFORMAL MARKET ANALYSIS OF COMPARABLE POSITIONS 2) WHAT THE ORGANIZATION CAN AFFORD TO PAY BASED ON ITS BUDGET CONSTRAINTS.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd

Issuer Name IssuerName

FieldValueIRS element (for citing)
Business Name Line1MARYLAND HEALTH AND HIGHER EDUCATIONAL FACILITIES AUTHORITYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Bond Issuer EIN520936091BondIssuerEIN
Bond Issued2019-10-17BondIssuedDt
Issue Price$20,500,000IssuePriceAmt
PurposeREFINANCE AND RENOVATIONSPurposeDesc
Defeased0DefeasedInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Pool Financing0PoolFinancingInd

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Retired$5,677,000RetiredAmt
Total Proceeds$20,500,000TotalProceedsAmt
Issuance Costs From Proceeds$315,077IssuanceCostsFromProceedsAmt
Other Spent Proceeds$20,636,598OtherSpentProceedsAmt
Substantial Completion2019SubstantialCompletionYr
Refunding Tax Exempt BondsYes (1)RefundingTaxExemptBondsInd
Refunding Taxable Bonds0RefundingTaxableBondsInd
Final Allocation Made0FinalAllocationMadeInd
Adequate Books And Rec MaintYes (1)AdequateBooksAndRecMaintInd

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Owning Bond Financed Property0OwningBondFinancedPropertyInd
Any Lease Arrangements0AnyLeaseArrangementsInd
Mgmt Contract Bond Fincd Prop0MgmtContractBondFincdPropInd
Any Research Agreements0AnyResearchAgreementsInd
Private Bus Use By Others0.00000PrivateBusUseByOthersPct
Private Bus Concerning UBI0.00000PrivateBusConcerningUBIPct
Total Private Business Use0.00000TotalPrivateBusinessUsePct
Bond Iss Meet Prvt Sec Pymt Test0BondIssMeetPrvtSecPymtTestInd
Change In Use Bond Financed Prop0ChangeInUseBondFinancedPropInd
Procs Nonqualified Bond Remdtd0ProcsNonqualifiedBondRemdtdInd

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Form8038 T Filed0Form8038TFiledInd
Rebate Not Due Yet0RebateNotDueYetInd
Exception To Rebate0ExceptionToRebateInd
No Rebate DueYes (1)NoRebateDueInd
Variable Rate Issue0VariableRateIssueInd
Hedge Identified In Bks And Rec0HedgeIdentifiedInBksAndRecInd
Gross Proceeds Invested In GIC0GrossProceedsInvestedInGICInd
Gross Proceeds Invested0GrossProceedsInvestedInd
Written Proc To Monitor Reqs0WrittenProcToMonitorReqsInd

Procedures Corrective Action ProceduresCorrectiveActionGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Procedures Corrective ActionYes (1)ProceduresCorrectiveActionInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 5AN UNAUTHORIZED ACTOR ACTING AS A BANKING REPRESENTATIVE MANAGED TO EXTRACT OUTGOING WIRES IN THE AMOUNT $2.9M. WORKING WITH BANKING AND ENFORCEMENT OFFICIALS THE SCHOOL MANAGED TO RECOVER $2.71M IN FUNDS AND WAS ABLE TO MITIGATE THE REMAINING OUTSTANDING BALANCE OF $627K USING INSURANCE. THE SCHOOL PUT IN PLACE UPGRADED INTERNAL BANKING CONTROLS AND APPROPRIATE CYBERSECURITY TRAINING AND AWARENESS FOR FINANCE PERSONNEL.
FORM 990, PART VI, SECTION A, LINE 6THE SOLE MEMBER OF THE SEED SCHOOL OF MARYLAND, INC. IS THE SEED FOUNDATION, INC.
FORM 990, PART VI, SECTION A, LINE 7ATHE SOLE MEMBER MAY ADMIT ANY NUMBER OF ADDITIONAL MEMBERS OF THE CORPORATION IN ACCORDANCE WITH THE AMENDED AND RESTATED BY-LAWS OF THE CORPORATION.
FORM 990, PART VI, SECTION A, LINE 7BA TRUSTEE ELECTED PURSUANT TO THE BY-LAWS OF THE CORPORATION MAY BE REMOVED AT ANY TIME AND FOR ANY REASON, WITH OR WITHOUT CAUSE, BY THE SOLE MEMBER OF THE CORPORATION.
FORM 990, PART VI, SECTION A, LINE 8BNO COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
FORM 990, PART VI, SECTION B, LINE 11BONCE THE INITIAL DRAFT OF THE 990 IS COMPLETED IT IS FORWARDED TO THE HEAD OF SCHOOL AND THE NETWORK CFO FOR INITIAL REVIEW. AFTER THIS REVIEW, THE 990 IS SENT TO SEED MD'S BOARD FOR REVIEW PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CBOARD MEMBERS ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST FORM EACH YEAR AND ARE REQUIRED TO REPORT IF THIS INFORMATION CHANGES DURING THE YEAR. IN ADDITION, THIS POLICY IS APPLICABLE TO OFFICERS AND EMPLOYEE OF THE SEED SCHOOL OF THE MARYLAND TO AVOID CONFLICS OF INTEREST, EACH TRUSTEE OF THE SEED SCHOOL OF MARYLAND, INC. WILL DISCLOSE TO THE REMAINING TRUSTEE OR TRUSTEES SITUATIONS OR AREAS IN WHICH IT MIGHT APPEAR THAT A TRUSTEE HAS CONFLICTING DUTIES TO OTHER ENTITIES. WHERE SUCH A CONFLICT EXISTS, THE TRUSTEE WHO HAS SUCH A CONFLICT WILL WITHDRAW FROM THE DEBATE AND SHALL NOT VOTE ON THE MATTER IN QUESTION.
FORM 990, PART VI, SECTION B, LINE 15ATHE COMPENSATION OF THE HEAD OF SCHOOL IS DETERMINED BY THE BOARD OF DIRECTORS AND REVIEWED AS NECESSARY BY THE BOARD OF DIRECTORS EXECUTIVE COMMITTEE. IN ADDITION, A COMPARATIVE SALARY SURVEY WAS PERFORMED BY THE BOARD AT TIME OF HIRE. MOST RECENTLY, IN SEPTEMBER 2024, A COMPENSATION STUDY USING OUTSIDE SOURCES WAS PERFORMED. THE BOARD DECISIONS WERE IN THE BOARD MINUTES AT THE TIME OF HIRE.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES IT GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D).

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationIndDirect Controlling NADirectControllingNACd
THE SEED PUBLIC CHARTER SCHOOL OF WASHINGTON DC
4300 C STREET SEWASHINGTONDC20019522099612BOARDING SCHOOLDC501(C)(3)LINE 2THE SEED FOUNDATION0
SEED FOUNDATION
1730 RHODE ISLAND AVE SUITE 713WASHINGTONDC20036541850819MANAGERIAL SUPPORT AND DEVELOPMENT OF SCHOOLSDC501(C)(3)LINE 70N/A
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgYes (1)LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgYes (1)PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (1)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd