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Nonprofit · EIN 84-1450521

SEEDS OF LEARNING

Tax-exempt · PAGOSA SPGS, CO 81147

Financials

$1M$945K2023$1.2M$1.1M2024$1.3M$1.1M2025
Revenue Expenses · by fiscal year end
Financials of SEEDS OF LEARNING by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$1,264,567$1,133,193$131,374$3,300,963$65,836$3,235,127
December 31, 2024990$1,216,418$1,081,471$134,947$3,047,341$74,468$2,972,873
December 31, 2023990$1,041,234$944,966$96,268$2,821,012$66,911$2,754,101
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$413,304
of which government grants
$29,963
Program service revenue
$722,342
Investment income
$80,858
Net income from fundraising events
$48,063
Other revenue
$48,063

Expenses

Grants and similar amounts paid
$99,593
Compensation of officers, directors and key employees
$78,031
Other salaries and wages
$524,420
Salaries, compensation and benefits (total)
$715,944
Professional fundraising fees
$0
Accounting fees
$29,372
Occupancy
$23,949
Depreciation
$43,124
Program services (functional)
$1,030,531
Management and general (functional)
$36,856
Fundraising (functional)
$65,806

Balance sheet and other

Total assets, start of year
$3,047,341
Total assets, end of year
$3,300,963
Total liabilities, end of year
$65,836
Net assets, end of year
$3,235,127
Land, buildings and equipment
$722,673
Publicly traded securities
$1,847,628
Net assets without donor restrictions
$3,225,568
Net assets with donor restrictions
$9,559
Gross receipts
$1,315,929
Employees
31
Volunteers
181
Year formed
1998
State of legal domicile
CO

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 / weekCompensation
Michelle CusickFmr Executive Director
Trustee or director
40$49,093
Emily MartinezExecutive Director
Trustee or director
40$28,938
Lisa PetersPresident
Trustee or director, Officer
1.5$0
Linda EspinosaVice President
Trustee or director, Officer
1.5$0
Stewart BellinaSecretary
Trustee or director, Officer
1.5$0
Bob BrobstTreasurer
Trustee or director, Officer
1.5$0
Lauri HeratyMember
Trustee or director
1.5$0
Bob D ScottMember
Trustee or director
1.5$0
Livia LynchMember
Trustee or director
1.5$0
990 for the year ended December 31, 2024: 8 people
NameTitleHours / weekCompensation
Michelle CusickExecutive Director
Trustee or director
40$76,219
Lisa PetersMember
Trustee or director, Officer
2$0
Bob BrobstTreasurer
Trustee or director, Officer
2$0
Martin RoseMember
Trustee or director
2$0
Bob ScottMember
Trustee or director
2$0
Evelyn TennysonPresident
Trustee or director, Officer
2$0
Lauri HeratyVice President
Trustee or director, Officer
2$0
Linda EspinosaMember
Trustee or director
2$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
Michelle CusickExecutive Director
Trustee or director
40$73,900
Lisa PetersMember
Trustee or director
2$0
Bob ScottMember
Trustee or director
2$0
Linda EspinosaMember
Trustee or director
2$0
Martin RoseMember
Trustee or director
2$0
Lauri HeratyVice President
Trustee or director, Officer
2$0
Janae AshSecretary
Trustee or director, Officer
2$0
Bob BrobstTreasurer
Trustee or director, Officer
2$0
Evelyn TennysonPresident
Trustee or director, Officer
2$0

Address and contacts

Address (IRS master file)
PO BOX 5831, PAGOSA SPGS, CO 81147-5831
In care of
% LISA PETERS
Principal officer (990 for 2025)
Lisa Peters, PO Box 5831, Pagosa Springs, CO 81147
Signed the 990
LISA PETERS, President
Phone
(970) 264-5513
Return prepared by
Jamie Matthews CPA LLC

Mission

Seeds of Learning is a stand-alone, NAEYC accredited early care and education center, that serves children ages 30 months through age 5. As a community-based facility, Seeds offers parenting classes, educational opportunities for families and other early childhood professionals.

990 for the year ended December 31, 2025

Program accomplishments

  • In 2025 Seeds of Learning (Seeds) was open for instruction for 230 days and served an average of 58 children and families. Seeds utilized universal pre-kindergarten money to invest in teachers and parent participation, including expanding staff, hosting family nights, and collaborating with other organizations to provide high quality early childhood education, while keeping tuition costs affordable for the region. Seeds continued to offer higher wages for all teachers and 100% paid health insurance. The program was evaluated using the program administrative scale, environmental rating scale, and the classroom assessment scoring system to show continuous improvement in our interaction and environment. Our teachers made gains in professional development by taking early childhood courses at the college level. Additionally, Seeds provides two meals per day and snacks to each child to support strong minds and bodies.
    Expenses $1,030,531 · grants $99,593 · revenue $657,324

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 on file

IRS record

EIN
84-1450521
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
1998
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B21)
Assets (IRS master file)
$3,300,963
Income (IRS master file)
$1,315,929

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$1,264,567$1,133,193$3,300,963XML
990December 2024$1,216,418$1,081,471$3,047,341XML
990December 2023$1,041,234$944,966$2,821,012XML
990December 2022$1,238,725$878,150$2,648,897IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 84-1450521).

Questions about SEEDS OF LEARNING

What is the EIN of SEEDS OF LEARNING?
The employer identification number (EIN) of SEEDS OF LEARNING is 84-1450521.
Is SEEDS OF LEARNING tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
Are donations to SEEDS OF LEARNING tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SEEDS OF LEARNING 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 SEEDS OF LEARNING 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 SEEDS OF LEARNING 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 SEEDS OF LEARNING?
The 990 for the year ended December 31, 2025 names Lisa Peters.
Who are the officers and directors of SEEDS OF LEARNING?
The 990 for the year ended December 31, 2025 lists 9 people; 2 received compensation from the organization, the highest $49,093 (Michelle Cusick, Fmr Executive Director).
How much revenue does SEEDS OF LEARNING have?
On its 990 for the year ended December 31, 2025 it reported revenue of $1,264,567, expenses of $1,133,193 and total assets of $3,300,963 at year end.

Other nonprofits in PAGOSA SPGS

All nonprofits in PAGOSA SPGS · Colorado · Education