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Washington · Nonprofit

SOUTHEAST EFFECTIVE DEVELOPMENT

SOUTHEAST EFFECTIVE DEVELOPMENT (Washington) receives grants from 27 organizations whose IRS filings report $2,527,112 to it, the largest being ALLEN FAMILY PHILANTHROPIES ($1,402,300). 8 of them have funded it in more than one year.

Revenue FY2024
$16M
Funders on record
27
Grants received
$2.5M
Net assets
$-4459963
8/27 repeat funderspeak grant-dependency 9%
01What it does

What Southeast Effective Development does

Mission

Southeast Effective Development ("seed") is a not-for-profit community development corporation that invests in the future of southeast seattle by facilitating social, economic, housing and cultural programs within the community. Founded in 1975, seed works to strengthen and revitalize the neighborhoods and business districts of southeast seattle.

As stated on its FY2024 Form 990.

Programs

  1. Affordable housing: seed's affordable housing program was initiated in 1986 as part of a comprehensive approach to community revitalization in south east seattle. Since then, seed has redeveloped and constructed over 1,000 units of multi-family utilizing federal housing tax credits. State tax-exempt bonds and other public/private partnerships. Seed has increased the availability of decent affordable housing to seniors, people with disabilities, and families/individuals with limited income.

    $13,104,476 spent$8,964,925 earned by the program
    90% of program spending
  2. Seedarts builds community by presenting diverse arts experiences, nurturing local artists, and infusing creativity into our neighborhoods. We offer visual, performing, media, and public art programs in southeast seattle that support and sustain artists, inspire and connect residents, and revitalize community.our programs focus on:-curating, facilitating and promoting arts and cultural experiences, especially those created by under-represented voices and youth;-preserving and growing venues and resources for artists to work and generate income from their creative endeavors; and-integrating art into the fabric of our community.values:-representative: emphasizing under-represented voices and stories-community centered: facilitating the artist and the community to drive the work-hyper-local: focusing on southeast seattleseedarts is committed to becoming an inclusive and anti-racist organization. To make our arts experiences accessible, our programs are located within the communities we serve, are community driven and culturally relevant, and are offered for free or low-cost. Seedarts has grown from a grassroots community arts program, launched in 1982, into a multidisciplinary arts…

    $1,419,478 spent$136,300 earned by the program
    10% of program spending

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $14,523,954.

02The organization over time

The organization over time

Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20192019 Revenue 100 ($3.7M) Expenses 100 ($5.3M) Net assets 100 ($1.5M)2020 Revenue 122 ($4.6M) Expenses 90 ($4.8M) Net assets 356 ($5.3M)2021 Revenue 123 ($4.6M) Expenses 100 ($5.3M) Net assets 322 ($4.8M)2022 Revenue 197 ($7.3M) Expenses 177 ($9.4M) Net assets 144 ($2.2M)2023 Revenue 424 ($16M) Expenses 297 ($16M) Net assets -287 ($-4296074)2024 Revenue 425 ($16M) Expenses 302 ($16M) Net assets -298 ($-4459963)
201920202021202220232024
Revenue (425)Expenses (302)Net assets (-298)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $45M to $58M (+30%).

$41M
$44M
$45M
$58M
$68M
$75M
201920202021202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2019 11% · 2020 19% · 2021 7% · 2022 8% · 2023 3% · 2024 8%. Grants only. Government contracts and fees sit inside program revenue.

41% of SOUTHEAST EFFECTIVE DEVELOPMENT’s revenue is contributions — about as donation-reliant as the typical peer (61% for the typical peer).

This organization
Typical peer · 696 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 6 reported years ran a deficit.

−$1.6M
’19
−$236k
’20
−$708k
’21
−$2.0M
’22
$66k
’23
−$164k
’24
1.2
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Michael Seiwerath

Executive director

As listed on its FY2024 Form 990.

The chief executive listed changed between the FY2020 and FY2021 filings.

201920202021202220232024
Listed121115161518
Joined·+0+5+4+5+5
No longer listed·11362
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 4 funders to 7 funders, grant income rose $66k → $1.4M.

6 of 27 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 15% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of SOUTHEAST EFFECTIVE DEVELOPMENT’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

SOUTHEAST EFFECTIVE DEVELOPMENT leans on a few funders — its largest provides 55% of grant income and the top three 72%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

35% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund SOUTHEAST EFFECTIVE DEVELOPMENT.

55%
largest funder
72%
top three
~3
effective funders

Largest funder’s share by year: 2017 42% · 2018 45% · 2019 48% · 2020 49% · 2021 45% · 2022 74% · 2023 94% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

14% of SOUTHEAST EFFECTIVE DEVELOPMENT's funders are still giving 3 years after their first grant; 30% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

82% of SOUTHEAST EFFECTIVE DEVELOPMENT's grant income comes from Washington funders.

WA
MN
NY
NJ
MD
DE
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Washington out of state home

Funder states come from each funder’s own filing. $371k arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

SOUTHEAST EFFECTIVE DEVELOPMENT has grown faster than three-quarters of the 659 community improvement nonprofits its size.

Operating margin−1% · below the median
Months of reserve1.2mo · bottom quartile
Revenue growth (annualized)34% · top quartile

this organization peer median middle 50% of peers· 659 community improvement nonprofits $10M–$100M, FY2024

Government funding SOUTHEAST EFFECTIVE DEVELOPMENT receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $20k on record.

Federal$20k
grants $20kcontracts $0
19
23
Top agencies
  • National Endowment for the Arts$20k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like SOUTHEAST EFFECTIVE DEVELOPMENT

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Washington

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

91% of spending goes to programs.

Program 91%Management 8%Fundraising 1%

Governance

14
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

86%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Part of a family of 14 related entities

  • Claremont Walden LLC · disregarded
  • Seed Properties LLC · disregarded
  • Lilac Lodge LLC · disregarded
  • Seed-Oregon Place Limited Partership · disregarded
  • Rainier Court Associates 2002-1 LLC · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for SOUTHEAST EFFECTIVE DEVELOPMENT: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds SOUTHEAST EFFECTIVE DEVELOPMENT?
SOUTHEAST EFFECTIVE DEVELOPMENT (Washington) receives grants from 27 organizations whose IRS filings report $2,527,112 to it, the largest being ALLEN FAMILY PHILANTHROPIES ($1,402,300). 8 of them have funded it in more than one year.
How many funders does SOUTHEAST EFFECTIVE DEVELOPMENT have?
IRS filings report 27 organizations giving $2,527,112 in grants to SOUTHEAST EFFECTIVE DEVELOPMENT, 8 of which have funded it in more than one year.
Who is the largest funder of SOUTHEAST EFFECTIVE DEVELOPMENT?
ALLEN FAMILY PHILANTHROPIES is the largest funder on record, with $1,402,300 in grants. The full list of funders is on this page.
How can an organization like SOUTHEAST EFFECTIVE DEVELOPMENT find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Washington. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Southeast Effective Development →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2019–2024), and the filings of 27 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing