2025-12-11T12:58:24-06:00 2025-08-31 410746749 CLIFTONLARSONALLEN LLP 293 EISENHOWER PARKWAY 2ND FLOOR LIVINGSTON NJ 07039 990 2024-09-01 223181507 NEW JERSEY SEEDS INC NEWJ 9736426422 494 BROAD STREET ST 105 105 NEWARK NJ 07102 JOHN CASTANO EXECUTIVE DIRECTOR 9736426422 2025-12-11 1 1 TARA DEL GAVIO P02438051 9739949494 2025-12-11 2024 2025-03-06 01:10:19Z JOHN CASTANO 494 BROAD STREET ST 105 105 NEWARK NJ 07102 5292677 0 X WWW.SEEDSACCESS.ORG X 1992 NJ NEW JERSEY SEEDS (SCHOLARS, EDUCATORS, EXCELLENCE, DEDICATION, SUCCESS) IS A NONPROFIT ORGANIZATION THAT PREPARES MOTIVATED, HIGH-ACHIEVING, LOW-INCOME STUDENTS FOR ADMISSION TO PRIVATE SCHOOLS AND COLLEGES ACROSS THE COUNTRY. OUR PROGRAMS PROVIDES A DEMANDING COURSE OF STUDY DESIGNED TO DEVELOP THE INTELLECTUAL AND LEADERSHIP POTENTIAL OF OUR STUDENTS AND PREPARE THEM FOR LONG-TERM SUCCESS. 28 27 88 125 0 0 7527519 4323645 0 0 141292 166457 -93939 -64705 7574872 4425397 0 0 0 0 2679043 3138246 0 0 1169256 2225963 2352590 4905006 5490836 2669866 -1065439 12080939 11696121 1535052 1712242 10545887 9983879 X NEW JERSEY SEEDS (SCHOLARS, EDUCATORS, EXCELLENCE, DEDICATION, SUCCESS) IS A NONPROFIT ORGANIZATION THAT PREPARES MOTIVATED, HIGH-ACHIEVING, LOW-INCOME STUDENTS FOR ADMISSION TO PRIVATE SCHOOLS AND COLLEGES ACROSS THE COUNTRY. OUR PROGRAMS PROVIDE A DEMANDING COURSE OF STUDY DESIGNED TO DEVELOP THE INTELLECTUAL AND LEADERSHIP POTENTIAL OF OUR STUDENTS AND PREPARE THEM FOR LONG-TERM SUCCESS. 0 0 1988625 THE SCHOLARS PROGRAM IS OPEN TO ELIGIBLE 7TH GRADE STUDENTS WHO LIVE IN CENTRAL AND NORTHERN NEW JERSEY. STUDENTS ARE PLACED IN SELECTIVE DAY AND BOARDING SCHOOLS IN THE 9TH GRADE. THE YOUNG SCHOLARS PROGRAM IS OPEN TO ELIGIBLE 4TH AND 5TH GRADE STUDENTS WHO LIVE IN THE GREATER NEWARK AREA. STUDENTS ARE PLACED IN SELECTIVE DAY AND JUNIOR BOARDING SCHOOLS IN THE 6TH AND 7TH GRADE. SCHOLARS AND YOUNG SCHOLARS ARE BOTH 14-MONTH PROGRAMS; STUDENTS TAKE CLASSES OVER TWO SUMMERS AND, ON THE SATURDAYS, IN BETWEEN. 1172852 THE COLLEGE SCHOLARS PROGRAM IS A 17-MONTH IMMERSION EXPERIENCE FOR TOP-PERFORMING STUDENTS FROM PUBLIC HIGH SCHOOLS ACROSS NEW JERSEY. STUDENTS SPEND SATURDAYS DURING THE SPRING OF THEIR JUNIOR YEAR AND ALL OF THEIR SENIOR YEAR WITH SEEDS, IN ADDITION TO A THREE-WEEK RESIDENTIAL SESSION PRIOR TO THE 12TH GRADE. STUDENTS ARE THEN PLACED IN SELECTIVE COLLEGES AND UNIVERSITITIES.ALL OF SEEDS' ACADEMIC PROGRAMS ARE FREE TO ACCEPTED STUDENTS, AND TRANSPROTATION IS PROVIDED. 420098 NJ SEEDS' GUIDANCE PROGRAM IS DEISGNED TO PROVIDE SEEDS GRADUATES WITH ACADEMIC, SOCIAL AND EMOTIONAL SUPPORT THROUGHOUT THEIR TIME IN THEIR PLACEMENT SCHOOLS. THE GUIDANCE STAFF VISITS STUDENTS ANNUALLY AND PROVIDES TAILORED PROGRAMMING FOR MIDDLE SCHOOL, HIGH SCHOOL AND COLLEGE-AGED STUDENTS. GUIDANCE ALSO PROVIDES A RANGE OF SERVICES TO MEET THE NEEDS OF SEEDS' GRADUATES, INCLUDING ORGANIZING COLLEGE TOURS, ARRANGING SUMMER INTERNSHIPS AND HOSTING EVENTS. 3581575 1 1 0 0 0 0 0 0 0 1 1 1 0 1 1 1 1 0 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 22 0 1 88 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 28 27 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 NJ NY X X NEW JERSEY SEEDS INC 9736426422 494 BROAD STREET NEWARK NJ 07102 ANDY OKUN TREASURER 1.00 X X 0 0 0 JOHN F CASTANO PRESIDENT AND CEO 40.00 X X 334601 0 34941 POLLY PALUMBO CHAIR 1.00 X X 0 0 0 EMMANUEL BELLO BOARD MEMBER 1.00 X 0 0 0 TRICIA BRENTJENS M D BOARD MEMBER 1.00 X 0 0 0 CRYSTAL BROUSSARD M D BOARD MEMBER 1.00 X 0 0 0 SOLEIO CUERVO BOARD MEMBER 1.00 X 0 0 0 LAUREN FASOLO BOARD MEMBER 1.00 X 0 0 0 BOB GREIFELD BOARD MEMBER 1.00 X 0 0 0 DAVID KWON BOARD MEMBER 1.00 X 0 0 0 VINCENT LIMA BOARD MEMBER 1.00 X 0 0 0 ROHIT AGGARWAL BOARD MEMBER 1.00 X 0 0 0 VIVIANA TORRES BOARD MEMBER 1.00 X 0 0 0 ROBIN OXENDINE BOARD MEMBER 1.00 X 0 0 0 CAROL PAK-TENG BOARD MEMBER 1.00 X 0 0 0 DAVION LOUIS BOARD MEMBER 1.00 X 0 0 0 DOUG ROTATORI BOARD MEMBER 1.00 X 0 0 0 BRIAN R STERLING BOARD MEMBER 1.00 X 0 0 0 ANJU THOMAS PH D BOARD MEMBER 1.00 X 0 0 0 TAD ROSELUND BOARD MEMBER 1.00 X 0 0 0 AMY ZIEBARTH VICE CHAIR 1.00 X X 0 0 0 ANDREW J THOMPSON BOARD MEMBER 1.00 X 0 0 0 JOSELYN JARAMILLO BOARD MEMBER 1.00 X 0 0 0 JON MASLIN BOARD MEMBER 1.00 X 0 0 0 MARGARET WAGER BOARD MEMBER 1.00 X 0 0 0 MATTHEW WERBEL BOARD MEMBER 1.00 X 0 0 0 COLLEEN YANEZ BOARD MEMBER 1.00 X 0 0 0 MICHAEL FLETCHER CHIEF OF STAFF 40.00 X 0 0 0 ANDREW HOGE VICE PRESIDENT 40.00 X 171447 0 37924 CARLOS JIMENEZ VICE PRESIDENT 40.00 X 107596 0 1383 IMANI GILLIAM DEJESUS VICE PRESIDENT 40.00 X 105071 0 12874 718715 0 87122 4 0 1 0 0 905182 3418463 145127 4323645 166052 166052 697430 697025 405 405 405 105550 905182 170255 -64705 -64705 4425397 0 0 101752 375151 246680 60772 67699 2169038 1430541 380091 358406 48440 34393 5812 8235 184474 106088 38227 40159 361143 226021 33598 101524 20641 495 18514 1632 35069 21192 6574 7303 31185 31185 453697 8798 32000 412899 261341 146310 45386 69645 758247 660173 46460 51614 43427 23728 7360 12339 47987 28998 8995 9994 64047 38703 12006 13338 STUDENT TRANSPORTATION 315231 315231 STUDENT EDUCATIONAL EXP 210317 207997 1099 1221 EDUCATIONAL BOOKS AND S 47784 47784 PRINTING AND PUBLICATIO 44404 26833 8324 9247 19213 11610 3602 4001 5490836 3581575 740005 1169256 116025 168026 548180 149388 3872795 4182890 34812 79015 38235 18390 1145625 1076176 89527 69449 6494907 6304137 886458 724826 12080939 11696121 730570 1080405 804482 631837 1535052 1712242 X 3083731 2151600 7462156 7832279 10545887 9983879 12080939 11696121 -1065439 503431 0 X X 0 1 X 1 0 X 4005354 3777302 3021352 7527519 4323645 22655172 4005354 3777302 3021352 7527519 4323645 22655172 1410251 21244921 113576 95055 160906 159262 166052 694851 23350023 0.90980 0.91580 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4208041 350902 278478 4280465 4119489 15000 484311 -410759 4208041 4038445 15000 299278 -233234 4119489 5066149 15000 -617704 -425000 4038445 5051149 15000 527273 -527273 5066149 0.18650 0.81350 0 0 451053 385388 65665 694572 690788 3784 69449 FAMILY LIMITED PARTNERSHIP 8721 F JP MORGAN CHASE 6295416 F 6304137 CASH SURRENDER VALUE 119568 SECURITY DEPOSITS 22500 OPERATING ROU ASSETS 582758 724826 SHORT-TERM LEASE LIABILITY - OPERATING 180912 LONG-TERM LEASE LIABILITY - OPERATING 450925 631837 X 5067898 503431 170255 673686 4394212 31185 31185 4425397 5629906 170255 170255 5459651 31185 31185 5490836 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION FOLLOWS STANDARDS THAT PROVIDE CLARIFICATION ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN THE ORGANIZATION'S FINANCIAL STATEMENTS. THE GUIDANCE PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, AND ALSO PROVIDES GUIDANCE ON DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, DISCLOSURE AND TRANSITION. THE ORGANIZATION'S POLICY IS TO RECOGNIZE INTEREST AND PENALTIES ON UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE. NO INTEREST AND PENALTIES WERE RECORDED DURING THE YEARS ENDED 2025 AND 2024. AT AUGUST 31, 2025 AND 2024, THERE ARE NO SIGNIFICANT INCOME TAX UNCERTAINTIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT SPECIAL EVENTS EXPENSE 170,255. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT SPECIAL EVENTS EXPENSE 170,255. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 NJ SEEDS DOES NOT DISCRIMINATE ON THE BASIS OF SEX, RACE, COLOR, NATIONAL OR ETHNIC ORIGIN IN THE ADMINISTRATION OF ITS EDUCATIONAL POLICIES, THE ADMISSION OF STUDENTS, OR ANY OTHER PROGRAMS. ALL STUDENTS SHARE THE SAME RIGHTS AND PRIVILEGES. ANNUAL BENEFIT 817589 773389 44200 32410 63650 GOLF OUTING 193143 131793 61350 59501 14694 1010732 905182 105550 91911 78344 170255 -64705 X 0 0 0 0 0 0 0 0 0 JOHN F CASTANO PRESIDENT AND CEO 334601 0 0 0 0 0 7255 0 27686 0 369542 0 0 0 ANDREW HOGE VICE PRESIDENT 171447 0 0 0 0 0 6001 0 31923 0 209371 0 0 0 X 13 145130 FAIR MARKET VALUE 0 1 0 FORM 990, PART VI, SECTION A, LINE 8B NO COMMITTEE HAS THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PROVIDED TO THE ORGANIZATION'S GOVERNING BODY. THEY REVIEW THE FORM 990 AND IF THERE ARE ANY QUESTIONS OR CONCERNS THEY ARE PRESENTED TO THE EXECUTIVE DIRECTOR. THE EXECUTIVE DIRECTOR WILL REVIEW THE QUESTIONS OR CONCERNS AND IF THERE IS ACTION TO TAKE, SPEAK WITH THE AUDITORS TO RESOLVE THE QUESTIONS OR CONCERNS. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER IS REQUIRED TO SIGN A DISCLOSURE STATING THAT THEY HAVE LISTED ALL KNOWN OR POTENTIAL CONFLICTS OF INTEREST AND THEY WILL ADVISE THE BOARD CHAIR OR PRESIDENT IF THEY ARE AWARE OF ANY NEW POTENTIAL CONFLICTS THAT MAY ARISE DURING THE COURSE OF THE FISCAL YEAR. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION OF THE ORGANIZATION'S EXECUTIVE DIRECTOR, OR TOP MANAGEMENT IS SET BY THE BOARD CHAIR IN CONSULTATION WITH THE FINANCE COMMITTEE CHAIR. THIS EVALUATION TAKES PLACE AFTER A FORMAL ANNUAL PERFORMANCE REVIEW. THE ORGANIZATION'S PROCESS FOR DETERMINING OFFICERS OR KEY EMPLOYEES' COMPENSATION IS TO BENCHMARK USING SALARY SURVEYS FOR THE NON-PROFIT SECTOR IN THE NEW YORK METROPOLITAN AREA. THIS REVIEW IS INCLUDED IN THE BOARD OF TRUSTEES' PROCESS FOR APPROVING BUDGETED SALARY INCREASES FOR ALL STAFF DURING THE ANNUAL BUDGET CYCLE. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION MAKES ITS FORM 1023 AND 990 AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST AND ON THE ORGANIZATION'S WEBSITE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE FINANCIAL STATEMENTS ARE ALSO AVAILABLE ON THE ORGANIZATION'S WEBSITE. FORM 990, PART XII,LINE 2C: THE OVERSIGHT PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. 990, PAGE 9,PART VIII, LINE 7D, NET GAIN THE ORGANIZATION HAS A 1% INTEREST IN A FAMILY LIMITED PARTNERSHIP THAT REPORTS NET CAPITAL GAINS AND LOSSES ON FORM K-1. INVESTMENT PROVIDES THE ORGANIZATION INFORMATION ON NET REALIZED GAINS OR LOSSES BUT NOT ITEMIZED DETAILS THAT WOULD ENABLE THE ORGANIZATION TO ACCURATELY COMPLETE LINES 7A-7C.