Nonprofit · EIN 94-2821843
NEW SEED FOUND
Tax-exempt · PASSAIC, NJ 07055
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $240,142 | $211,797 | $28,345 | $1,085,885 | $20,000 | $1,065,885 |
| December 31, 2023 | 990 | $179,728 | $201,370 | -$21,642 | $1,069,551 | $20,000 | $1,049,551 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $195,691
- Program service revenue
- $0
- Investment income
- $28,374
- Net rental income
- $16,077
- Net gain from sales of assets
- $11,398
- Other revenue
- $16,077
Expenses
- Grants and similar amounts paid
- $62,634
- Compensation of officers, directors and key employees
- $103,898
- Salaries, compensation and benefits (total)
- $103,898
- Professional fundraising fees
- $0
- Occupancy
- $2,130
- Depreciation
- $13,064
- Program services (functional)
- $193,187
- Management and general (functional)
- $18,610
Balance sheet and other
- Total assets, start of year
- $1,069,551
- Total assets, end of year
- $1,085,885
- Total liabilities, end of year
- $20,000
- Net assets, end of year
- $1,065,885
- Land, buildings and equipment
- $223,200
- Gross unrelated business income
- $44,451
- Gross receipts
- $295,000
- Employees
- 0
- Volunteers
- 0
- 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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JOAN LAURENCE | CHIEF EXECUTIVE OFFICER Trustee or director, Officer | 40 | $102,486 | $1,412 |
| THOMAS STEINBERG | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| LAURENCE FELDMAN | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOAN LAURENCE | CHIEF EXECUTIVE OFFICER Trustee or director, Officer | 40 | $24,000 |
| THOMAS STEINBERG | TREASURER Trustee or director, Officer | 1 | $0 |
| LAURENCE FELDMAN | SECRETARY Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 25 DAKOTA ST, PASSAIC, NJ 07055-3331
- In care of
- % THOMAS STEINBERG
- Principal officer (990 for 2024)
- JOAN LAURENCE, 25 DAKOTA STREET, PASSAIC, NJ 07055
- Signed the 990
- JOANIE LAWRENCE, DIRECTOR
- Phone
- (212) 521-2805
- Return prepared by
- HIRSCH OELBAUM BRAM & HANOVER CPA'S
Mission
TO PROVIDE RELIEF FOR THE DISADVANTAGED,ELDERLY,& SINGLE MOTHERS FAMILIES AND TRAUMA VICTIMS
Program accomplishments
- Developed a Community Platform combining technology with opportunities to give and receive. Volunteers were paired with those who requested assistance.Volunteers made home visits to disadvantaged seniors and delivered hot meals.Volunteer therapists offered support groups to single mothers and victims of crisis.Expenses $193,187 · grants $62,634
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 94-2821843
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1996
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Unknown (Z99Z)
- Assets (IRS master file)
- $1,085,885
- Income (IRS master file)
- $295,000
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $240,142 | $211,797 | $1,085,885 | XML |
| 990 | December 2023 | $179,728 | $201,370 | $1,069,551 | XML |
| 990 | December 2022 | $837,902 | $366,804 | $1,104,402 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 94-2821843).
Questions about NEW SEED FOUND
- What is the EIN of NEW SEED FOUND?
- The employer identification number (EIN) of NEW SEED FOUND is 94-2821843.
- Is NEW SEED FOUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
- Are donations to NEW SEED FOUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEW SEED FOUND 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 NEW SEED FOUND due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NEW SEED FOUND last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of NEW SEED FOUND?
- The 990 for the year ended December 31, 2024 names JOAN LAURENCE.
- Who are the officers and directors of NEW SEED FOUND?
- The 990 for the year ended December 31, 2024 lists 3 people; 1 received compensation from the organization, the highest $102,486 (JOAN LAURENCE, CHIEF EXECUTIVE OFFICER).
- How much revenue does NEW SEED FOUND have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $240,142, expenses of $211,797 and total assets of $1,085,885 at year end.
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- SLOVAK CATHOLIC SOKOL EIN 22-1288010 · last filed 990 for 2025
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- PASSAIC FAMILY HEAD START INC EIN 30-0047522 · last filed 990 for 2025
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- CHILDRENS DAY NURSERY AND FAMILY CENTER EIN 22-1493153 · last filed 990 for 2025