Seasons Village Inc
Inspiring hope, changing lives, two generations at a time
Seasons Village Inc
EIN: 84-3639725
as of November 2023
as of November 13, 2023
Mission
Seasons Village partners with single mothers and their families to foster strong foundations for intergenerational prosperity.
Ruling year
2020
Interim Executive Director
Kim Shirley
Board Chair
Debra Smallwood
Main address
PO Box 27264
Raleigh, NC 27611 USA
EIN
84-3639725
Community college education
Undergraduate education
Single parent support
Intergenerational mentoring
Adult peer mentoring
Population served
Single parents
Non-adult children
Economically disadvantaged people
At-risk youth
Students
NTEE code
Human Service Organizations (P20)
IRS subsection
501(c)(3) Public Charity
IRS filing requirement
This organization is required to file an IRS Form 990 or 990-EZ.
Tax forms
Communication
Programs and results
What we aim to solve
Our programs
What are the organization's current programs, how do they measure success, and who do the programs serve?
Pathways to Prosperity
Pathways to Prosperity is 30-month long program that uses a two generational approach to support low resourced single mothers and their children while the mother pursues, and attains, a post-secondary degree or certification with labor market value. Research shows the two greatest resources needed to break the cycle of poverty are education and relationships. Seasons Village provides these resources for single mothers and their families so they can realize their inner strengths and potential. Relationships are cultivated within the peer group of single mothers and their families, with family coaches, and broad community networks. This establishes lifelong social safety network. Barriers are identified, referrals to resources and financial support provides family with tools to support academic success. Workshops focus on developing sisterhood, skills building, effective communication, advocacy, time management, personal finance, self-care and other personal tools for success.
Where we work
External reviews
Financials
Revenue vs. expenses: breakdown
Liquidity in 2022 info
456.28
Months of cash in 2022 info
99
Fringe rate in 2022 info
26%
Funding sources info
Assets & liabilities info
Financial data
Seasons Village Inc
Balance sheetFiscal Year: Jan 01 - Dec 31
The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.
Fiscal Year: Jan 01 - Dec 31
This snapshot of Seasons Village Inc’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.
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Business model indicators
| Profitability info | 2022 |
|---|---|
| Unrestricted surplus (deficit) before depreciation | $385,314 |
| As % of expenses | 1344.3% |
| Unrestricted surplus (deficit) after depreciation | $384,736 |
| As % of expenses | 1315.7% |
| Revenue composition info | |
|---|---|
| Total revenue (unrestricted & restricted) | $522,799 |
| Total revenue, % change over prior year | 0.0% |
| Program services revenue | 0.0% |
| Membership dues | 0.0% |
| Investment income | 0.0% |
| Government grants | 19.1% |
| All other grants and contributions | 80.8% |
| Other revenue | 0.0% |
| Expense composition info | |
|---|---|
| Total expenses before depreciation | $28,663 |
| Total expenses, % change over prior year | 0.0% |
| Personnel | 11.0% |
| Professional fees | 56.2% |
| Occupancy | 0.0% |
| Interest | 0.0% |
| Pass-through | 16.1% |
| All other expenses | 16.7% |
| Full cost components (estimated) info | 2022 |
|---|---|
| Total expenses (after depreciation) | $29,241 |
| One month of savings | $2,389 |
| Debt principal payment | $0 |
| Fixed asset additions | $375,000 |
| Total full costs (estimated) | $406,630 |
Capital structure indicators
| Liquidity info | 2022 |
|---|---|
| Months of cash | 99.0 |
| Months of cash and investments | 99.0 |
| Months of estimated liquid unrestricted net assets | 53.4 |
| Balance sheet composition info | 2022 |
|---|---|
| Cash | $236,354 |
| Investments | $0 |
| Receivables | $0 |
| Gross land, buildings, equipment (LBE) | $375,528 |
| Accumulated depreciation (as a % of LBE) | 0.2% |
| Liabilities (as a % of assets) | 0.1% |
| Unrestricted net assets | $502,411 |
| Temporarily restricted net assets | N/A |
| Permanently restricted net assets | N/A |
| Total restricted net assets | $108,822 |
| Total net assets | $611,233 |
Key data checks
| Key data checks info | 2022 |
|---|---|
| Material data errors | No |
Operations
The people, governance practices, and partners that make the organization tick.
Documents
Interim Executive Director
Kim Shirley
Board Chair
Debra Smallwood
Number of employees
Source: IRS Form 990
Seasons Village Inc
Officers, directors, trustees, and key employeesSOURCE: IRS Form 990
Compensation data
There are no highest paid employees recorded for this organization.
Seasons Village Inc
Board of directorsas of 02/05/2023
Board of directors data
Debra Smallwood
retired, public relations chair, ConEd
Term: 2021 - 2023
Organizational demographics
Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.
Leadership
The organization's leader identifies as:
The organization's co-leader identifies as:
Race & ethnicity
Gender identity
Sexual orientation
No data
Disability
No data
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