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Nonprofit · EIN 37-1783394

ADVANCING THE SEED INC

Tax-exempt · LA MIRADA, CA 90638

Financials

$49K$67K2022$128K$125K2023$419K$411K2024$437K$449K2025
Revenue Expenses · by fiscal year end
Financials of ADVANCING THE SEED INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$436,888$449,443-$12,555$28,765$66,171-$37,406
December 31, 2024990$418,755$411,148$7,607$35,521$64,441-$28,920
December 31, 2023990-EZ$128,015$124,617$3,398$19,016$51,476-$32,460
December 31, 2022990-EZ (amended)$49,194$67,095-$17,901$9,157$45,015-$35,858
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$395,348
of which government grants
$395,228
Program service revenue
$41,057
Investment income
$0
Other revenue
$483

Expenses

Grants and similar amounts paid
$11,700
Compensation of officers, directors and key employees
$128,249
Other salaries and wages
$62,608
Salaries, compensation and benefits (total)
$222,736
Professional fundraising fees
$0
Accounting fees
$17,329
Occupancy
$24,337
Travel
$6,301
Program services (functional)
$353,971
Management and general (functional)
$91,010
Fundraising (functional)
$4,462

Balance sheet and other

Total assets, start of year
$35,521
Total assets, end of year
$28,765
Total liabilities, end of year
$66,171
Net assets, end of year
-$37,406
Net assets without donor restrictions
-$37,406
Gross receipts
$436,888
Employees
4
Volunteers
3
Year formed
2015
State of legal domicile
CA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
REGEANIE CORONAPRESIDENT/CEO
Trustee or director, Officer
40$67,120$7,261
JEANETTE MANDYCOO
Officer
40$61,129$8,617
HELEN ACEVEZCHAIRPERSON
Trustee or director, Officer
1$0$0
NATALIE PHILLIPSTREASURER
Trustee or director, Officer
1$0$0
DANIEL CORONASECRETARY
Trustee or director, Officer
1$0$0
990 for the year ended December 31, 2024: 5 people
NameTitleHours / weekCompensation
REGEANIE CORONAPRESIDENT/CEO
Trustee or director, Officer
40$60,738
JEANETTE MANDYTREASURER
Trustee or director, Officer
1$2,550
HELEN ACEVEZBOARD CHAIR
Trustee or director, Officer
1$0
NATALIE PHILLIPSSECRETARY
Trustee or director, Officer
1$0
CORBIN RANDALBOARD MEMBER
Trustee or director
1$0
990-EZ for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
REGEANIE CORONAPRESIDENT/CEO35$16,397
HELEN ACEVEZINTERIM BOARD CHAIR1$7,250
NATALIE PHILLIPSTREASURER1$0
DANIEL CORONASECRETARY1$0
WILMENIA GRIPPERBOARD MEMBER1$0
CORBIN RANDALBOARD MEMBER1$0
990-EZ for the year ended December 31, 2022: 6 people
NameTitleHours / weekCompensation
HELEN ACEVEZINTERIM BOARD CHAIR1$0
REGEANIE CORONAPRESIDENT/CEO35$0
NATALIE PHILLIPSTREASURER1$0
DANIEL CORONASECRETARY1$0
WILMENIA GRIPPERBOARD MEMBER1$0
CORBIN RANDALBOARD MEMBER1$0

Address and contacts

Address (IRS master file)
14241 FIRESTONE BLVD STE 400, LA MIRADA, CA 90638-5534
In care of
% REGEANIE S CORONA
Principal officer (990 for 2025)
REGEANIE CORONA, 14241 FIRESTONE BLVD SUITE 400, LA MIRADA, CA 90638
Signed the 990
REGEANIE CORONA, PRESIDENT AND CEO
Phone
(562) 248-6356
Return prepared by
EASY OFFICE DBA JITASA

Mission

TRAINING, COACHING, LEADERSHIP DEVELOPMENT, AND FINANCIAL LITERACY PROGRAMS FOR YOUNG ADULTS AND CAPACITY-BUILDING TECHNICAL ASSISTANCE PROGRAMS FOR SMALL CAPACITY AND MINORITY-LED NONPROFITS AND MINORITY ENTREPRENEURS/SMALL BUSINESS OWNERS IN UNDERSERVED COMMUNITIES.

990 for the year ended December 31, 2025

Program accomplishments

  • ACTIVATE PURPOSE: ACTIVATE PURPOSE IS AN ENTREPRENEURSHIP PROGRAM THAT EMPOWERS YOUNG ADULTS AND REENTRY FOUNDERS, AS WELL AS DELIVERING TECHNICAL ASSISTANCE TO DIVERSE SMALL BUSINESSES, AND CONNECTING THEM ALL TO ESSENTIAL SOFTWARE GRANTS AND SEED CAPITAL TO FUEL GROWTH AND ECONOMIC MOBILITY.
    Expenses $282,074 · grants $11,566 · revenue $41,057
  • GENERAL PROGRAMS - ALL OTHER PROGRAMS THAT AREN`T CURRENTLY FUNDED BY A GRANT.
    Expenses $40,376 · grants $134
  • NONPROFIT CONSULTING: OUR NONPROFIT CONSULTING PROGRAM EQUIPS EMERGING AND SMALL-CAPACITY ORGANIZATIONS WITH THE STRATEGIC GUIDANCE, TOOLS, AND COACHING NEEDED TO BUILD SUSTAINABLE INFRASTRUCTURE, INCREASE FUNDING CAPACITY, AND AMPLIFY COMMUNITY IMPACT.
    Expenses $31,105
  • OTHER PROGRAMS
    Expenses $416

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
37-1783394
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2015
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$28,765
Income (IRS master file)
$436,888

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$436,888$449,443$28,765XML
990December 2024$418,755$411,148$35,521XML
990-EZDecember 2023$128,015$124,617$19,016XML
990-EZDecember 2022$49,194$67,095$9,157XML
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.

Questions about ADVANCING THE SEED INC

What is the EIN of ADVANCING THE SEED INC?
The employer identification number (EIN) of ADVANCING THE SEED INC is 37-1783394.
Is ADVANCING THE SEED INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
Are donations to ADVANCING THE SEED INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ADVANCING THE SEED INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of ADVANCING THE SEED INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ADVANCING THE SEED INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of ADVANCING THE SEED INC?
The 990 for the year ended December 31, 2025 names REGEANIE CORONA.
Who are the officers and directors of ADVANCING THE SEED INC?
The 990 for the year ended December 31, 2025 lists 5 people; 2 received compensation from the organization, the highest $67,120 (REGEANIE CORONA, PRESIDENT/CEO).
How much revenue does ADVANCING THE SEED INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $436,888, expenses of $449,443 and total assets of $28,765 at year end.

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