Attach to Form 990 or Form 990-EZ.
Go to
www.irs.gov/Form990 for instructions and the latest information.
| (i) Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 10 above (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
|
Total |
||||||
Calendar year
(or fiscal year beginning in)
![]() |
(a) 2018 | (b) 2019 | (c) 2020 | (d) 2021 | (e) 2022 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. | 2,303,987 | 2,931,400 | 2,997,593 | 3,093,144 | 4,806,789 | 16,132,913 |
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.... | ||||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | ||||||
| 4 | Total. Add lines 1 through 3 | 2,303,987 | 2,931,400 | 2,997,593 | 3,093,144 | 4,806,789 | 16,132,913 |
| 5 | The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f) .. | 2,914,578 | |||||
| 6 | Public support. Subtract line 5 from line 4. | 13,218,335 | |||||
Calendar year
(or fiscal year beginning in)
![]() |
(a) 2018 | (b) 2019 | (c) 2020 | (d) 2021 | (e) 2022 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | 2,303,987 | 2,931,400 | 2,997,593 | 3,093,144 | 4,806,789 | 16,132,913 |
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | 221 | 775 | 2,709 | 6,724 | 83,722 | 94,151 |
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | ||||||
| 11 | Total support. Add lines 7 through 10 | 16,227,064 | |||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2018 | (b) 2019 | (c) 2020 | (d) 2021 | (e) 2022 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | ||||||
| 2 | Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | ||||||
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513 ..... | ||||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | ||||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge | ||||||
| 6 | Total. Add lines 1 through 5 | ||||||
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons | ||||||
| b | Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year. | ||||||
| c | Add lines 7a and 7b.. | ||||||
| 8 | Public support. (Subtract line 7c from line 6.) | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2018 | (b) 2019 | (c) 2020 | (d) 2021 | (e) 2022 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | ||||||
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | ||||||
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | ||||||
| c | Add lines 10a and 10b. | ||||||
| 11 | Net income from unrelated business activities not included on line 10b, whether or not the business is regularly carried on. | ||||||
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | ||||||
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | ||||||
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
||||
| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
||||
| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e |
Discount claimed for blockage or other factors (explain in detail in Part VI): |
|||||
| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 0.015 of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by 0.035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | 1 | |
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
2 | |
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | 3 | |
| 4 Amounts paid to acquire exempt-use assets | 4 | |
| 5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI) | 5 | |
| 6 Other distributions (describe in Part VI). See instructions | 6 | |
| 7Total annual distributions. Add lines 1 through 6. | 7 | |
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
8 | |
| 9 Distributable amount for 2022 from Section C, line 6 | 9 | |
| 10 Line 8 amount divided by Line 9 amount | 10 | |
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2022 |
(iii) Distributable Amount for 2022 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2022 from Section C, line 6 | ||||
|
2
Underdistributions, if any, for years prior to 2022 (reasonable cause required-- explain in Part VI).
See instructions. |
||||
| 3 Excess distributions carryover, if any, to 2022: | ||||
| a From 2017....... | ||||
| b From 2018....... | ||||
| c From 2019....... | ||||
| d From 2020....... | ||||
| e From 2021....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2022 distributable amount | ||||
|
i
Carryover from 2017 not applied (see instructions) |
||||
| j Remainder. Subtract lines 3g, 3h, and 3i from line 3f. | ||||
| 4Distributions for 2022 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2022 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from line 4. | ||||
|
5
Remaining underdistributions for years prior to 2022, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions. |
||||
|
6
Remaining underdistributions for 2022. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions. |
||||
|
7 Excess distributions carryover to 2023. Add lines 3j and 4c. |
||||
| 8 Breakdown of line 7: | ||||
| a Excess from 2018..... | ||||
| b Excess from 2019..... | ||||
| c Excess from 2020..... | ||||
| d Excess from 2021..... | ||||
| e Excess from 2022..... | ||||
| Facts And Circumstances Test |
|---|
| Return Reference | Explanation |
|---|
| Software ID: | |
| Software Version: |
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| FORM 990, PART III | LINE 1: SEEDS OF HOPE OF NORTHERN COLORADO, INC. ("SEEDS OF HOPE", "SOH", OR "INC.") MANAGES THE OPERATIONS OF SEEDS OF HOPE CHARITABLE TRUST ("TRUST"), AS SOLE TRUSTEE. THROUGH TUITION ASSISTANCE GRANTS, SCHOLARSHIPS, AND OPERATING SUPPORT, SEEDS OF HOPE (INC. AND TRUST) SUPPORTS CATHOLIC K-8 SCHOOLS AND SERVES LOW-INCOME, HIGH-MINORITY POPULATIONS WITHIN THE ARCHDIOCESE OF DENVER IN NORTHERN COLORADO. BY PROVIDING SCHOLARSHIPS, SEEDS OF HOPE GIVES FAMILIES THE CHOICE TO SEND THEIR CHILDREN TO A CATHOLIC K-8 SCHOOL WHERE SPIRITUAL, MENTAL, ACADEMIC, AND PHYSICAL FORMATION IS PROVIDED. THESE SCHOLARSHIPS ADDRESS THE OPPORTUNITY GAP FOR LOW-INCOME FAMILIES BY CHOOSING TO ATTEND A QUALITY SCHOOL. SEEDS OF HOPE ALSO STRIVES TO ASSIST AND SUSTAIN THESE CATHOLIC COMMUNITIES WHICH SUPPORT FAMILIES IN ALL ASPECTS OF LIFE. THROUGH TUITION ASSISTANCE GRANTS, SCHOLARSHIPS, AND OPERATING SUPPORT, SEEDS OF HOPE SUPPORTS CATHOLIC K-8 SCHOOLS AND SERVES LOW-INCOME, HIGH- MINORITY POPULATIONS WITHIN THE ARCHDIOCESE OF DENVER IN NORTHERN COLORADO. BY PROVIDING SCHOLARSHIPS, SEEDS OF HOPE GIVES FAMILIES THE CHOICE TO SEND THEIR CHILDREN TO A CATHOLIC K-8 SCHOOL WHERE SPIRITUAL, MENTAL, ACADEMIC, AND PHYSICAL FORMATION IS PROVIDED. THESE SCHOLARSHIPS ADDRESS THE OPPORTUNITY GAP FOR LOW-INCOME FAMILIES TRYING TO BREAK A CYCLE OF POVERTY BY CHOOSING TO ATTEND A QUALITY SCHOOL. SEEDS OF HOPE ALSO STRIVES TO ASSIST AND SUSTAIN THESE CATHOLIC COMMUNITIES WHICH SUPPORT FAMILIES IN ALL ASPECTS OF LIFE. OUR GRANTS NOT ONLY ALLOW FOR PARENT CHOICE IN EDUCATION, BUT ALSO BOLSTER EACH SCHOOLS TUITION INCOME. EDUCATION IS THE GREAT EQUALIZER, OPENING THE DOORS TO A LIFETIME OF OPPORTUNITIES AND A FUTURE FULL OF HOPE. LINE 4A: WITH THE BELIEF THAT EDUCATION IS THE KEY TO A BRIGHTER FUTURE, SOH GIVES FAMILIES THE CHOICE TO SEND THEIR CHILDREN TO A CATHOLIC SCHOOL WITH THE MISSION TO CULTIVATE MINDS AND HEARTS FOR CHRIST BY STRIVING TO MAKE A TRANSFORMATIVE CATHOLIC EDUCATION FINANCIALLY ACCESSIBLE TO ANY FAMILY WHO SEEKS IT." BY PROVIDING SCHOLARSHIPS AND TUITION ASSISTANCE, SOH BELIEVES THAT STUDENTS WHO DESIRE THE BENEFITS OF CATHOLIC EDUCATION SHOULD NOT BE TURNED AWAY BECAUSE OF FINANCIAL LIMITATIONS. STUDIES SHOW THAT STUDENTS IN IMPOVERISHED, HIGH-MINORITY AREAS PERFORM BETTER AND HAVE MORE OPPORTUNITIES FOR LONG-TERM SUCCESS IF THEY CAN CHOOSE A QUALITY EDUCATION ENVIRONMENT. DATA FROM A RECENT SOH ALUMNI SURVEY REFLECTS THE OUTSTANDING QUALITY EDUCATION AND SPIRITUAL DEVELOPMENT THAT THE AOD CATHOLIC K-8 SCHOOLS PROVIDE WITHIN THE COMMUNITY. THE GOOD PERFORMED BY CATHOLIC SCHOOLS IS UNDENIABLE, A MISSION TO JOYFULLY EDUCATE THE WHOLE PERSON AND FORM WITNESSES WHO WILL TRANSFORM THE WORLD. THE CATHOLIC SCHOOLS SERVED THIS YEAR BY SOH OFFER EXACTLY THAT - A QUALITY ALTERNATIVE TO PUBLIC SCHOOLS AND PROVIDE: A FAITH-BASED SETTING, A SAFE LEARNING ENVIRONMENT, A NURTURING COMMUNITY THAT REINFORCES FAMILY, HIGHER LEVELS OF PARENTAL ENGAGEMENT, AND A RIGOROUS ACADEMIC CURRICULUM. WITH THAT IN MIND, IN FISCAL YEAR 2023, SOH OFFERED HOPE SCHOLARSHIPS RANGING FROM 500 TO 3,500 PER STUDENT, DEPENDING ON NEED. APPLICATIONS FOR ASSISTANCE ARE REVIEWED TO DETERMINE WHETHER STUDENTS AND THEIR FAMILIES MEET THE SOH HOUSEHOLD INCOME ELIGIBILITY GUIDELINES, BASED ON THE U.S. FEDERAL POVERTY GUIDELINES (FPG). ALTHOUGH FAMILIES MAY RECEIVE ASSISTANCE FROM SOURCES IN ADDITION TO SOH, FAMILIES ARE ALL REQUIRED TO CONTRIBUTE FINANCIALLY TO THEIR CHILDREN'S TUITION. PARENTS MAKE SIGNIFICANT SACRIFICES TO CONTRIBUTE TO THE COST OF TUITION TO ENSURE THEIR CHILDREN RECEIVE A CATHOLIC EDUCATION. THIS CONTRIBUTION FROM THE FAMILY CREATES A SENSE OF PRIDE AND ACCOUNTABILITY BECAUSE THE FAMILY IS DOING SOMETHING VALUABLE FOR THEIR CHILDREN. SOHS PRIMARY FOCUS CONTINUES TO BE THE SUPPORT OF AS MANY LOW- INCOME STUDENTS AS POSSIBLE, WORKING TO MAKE HOPE SCHOLARSHIPS AVAILABLE TO MORE FAMILIES TO BROADEN THE IMPACT OF SOH WITHIN THE COMMUNITY. IN FISCAL YEAR 2023, SOH EXPANDED ITS REACH TO SERVE MORE STUDENTS BY INCREASING THE INCOME ELIGIBILITY GUIDELINES (IEG) FOR SCHOLARSHIPS, RAISING THE IEG FROM 250% OF FPG TO 300% OF FPG, ALLOWING MORE FAMILIES TO QUALIFY FOR SCHOLARSHIPS. EXTENSIVE MARKETING EFFORTS, IN CONJUNCTION WITH THE OFFICE OF CATHOLIC SCHOOLS, ARE ONGOING TO ENCOURAGE SCHOOL-AGED CHILDREN TO ATTEND AN AOD CATHOLIC K-8 SCHOOL. WITH THE MISSION TO CONTINUE TO SERVE LOW-INCOME, HIGH MINORITY POPULATIONS, SOH (INC. AND TRUST) OFFERS HOPE SCHOLARSHIPS TO ANY INCOME-ELIGIBLE STUDENT/FAMILY ATTENDING ANY OF THE 33 AOD CATHOLIC K-8 SCHOOLS. QUALIFYING STUDENTS AND THEIR FAMILIES AT ANY AOD CATHOLIC K-8 SCHOOL ARE ELIGIBLE TO APPLY FOR A HOPE SCHOLARSHIP. DURING THE YEAR ENDED JUNE 30, 2023, CONSOLIDATED AND COMBINED SOH PROGRAMS PROVIDED TUITION ASSISTANCE AND GRANTS TO SCHOOLS TOTALING APPROXIMATELY 2,400,000 TO APPROXIMATELY 1,200 STUDENTS. THROUGH THIS SUPPORT, SOH MADE A QUALITY, CHARACTER-BUILDING, FAITH-BASED EDUCATION POSSIBLE FOR FAMILIES STRUGGLING TO MEET TUITION COSTS. THE AVERAGE SOH FAMILY RECEIVING A HOPE SCHOLARSHIP HAS A MEDIAN INCOME OF 46,727 WITH 5 INDIVIDUALS IN THE FAMILY AND AN INCOME LEVEL THAT QUALIFIES FOR THE USDA FREE AND REDUCED LUNCH PROGRAM. AS A CONTINUED SERVICE FOR THE OFFICE OF CATHOLIC SCHOOLS, SOH CONTINUES TO MAINTAIN AND DEVELOP THE ONLINE VARIABLE TUITION PROGRAM (VTP), WHICH GATHERS IMPORTANT DATA AND INFORMATION FROM FAMILIES AND STUDENTS TO HELP SCHOOLS CALCULATE AFFORDABLE TUITION. DURING FISCAL YEAR 2023, THE VTP WAS OPENED TO 28 AOD CATHOLIC K-8 SCHOOLS. |
| FORM 990, PART VI | SECTION A, LINE 2: THE FOLLOWING DIRECTORS ARE ALSO EMPLOYEES AND/OR OFFICERS OF THE ARCHDIOCESE OF DENVER: KEITH PARSONS AND ELIAS MOO. ALL INDIVIDUALS SERVE AS DIRECTORS FOR SEEDS OF HOPE WITHOUT COMPENSATION FROM THE CORPORATION OR THE ARCHDIOCESE OF DENVER. SALARY INFORMATION FOR THESE INDIVIDUALS IS UNAVAILABLE. |
| FORM 990, PAGE 6, PART VI, LINE 2 | SEE DESCRIPTION ABOVE. |
| FORM 990, PAGE 6, PART VI, LINE 7A | THE ARCHBISHOP OF THE ARCHDIOCESE OF DENVER MUST APPROVE THE APPOINTMENT OF ANY DIRECTOR. |
| FORM 990, PAGE 6, PART VI, LINE 7B | THE ARTICLES OF INCORPORATION MAY BE ALTERED, AMENDED OR REPEALED FROM TIME TO TIME, IN WHOLE OR IN PART, BY THE ARCHBISHOP OF DENVER, UNLESS DELEGATED BY THE ARCHBISHOP OF DENVER TO THE BOARD OF DIRECTORS. |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE BOARD OF DIRECTORS IS PROVIDED A COPY OF THE FORM 990 FOR REVIEW AND APPROVAL PRIOR TO FILING WITH THE IRS. |
| FORM 990, PAGE 6, PART VI, LINE 12C | TRANSACTIONS INVOLVING PARTIES WITH WHOM A CONFLICT OF INTEREST EXISTS MAY ONLY BE UNDERTAKEN IF ALL OF THE FOLLOWING ARE OBSERVED (AS APPLICABLE): THE POTENTIAL CONFLICT OF INTEREST IS FULLY DISCLOSED; THE PERSON WITH THE CONFLICT OF INTEREST IS EXCLUDED FROM THE SUBSTANTIVE APPROVAL OF SUCH TRANSACTIONS; A COMPETITIVE BID OR COMPARABLE VALUATION EXISTS AND SEEDS OF HOPE DETERMINES THAT THE TRANSACTION IS IN THE BEST INTEREST OF THE OVERALL ORGANIZATION. DISCLOSURE IN WRITING, IN THE CASE OF THE STAFF, IS MADE TO THE EXECUTIVE DIRECTOR, WHO BRINGS THE MATTER TO THE ATTENTION OF THE BOARD OF DIRECTORS. DISCLOSURE INVOLVING A BOARD MEMBER IS MADE TO THE BOARD CHAIR WHO BRINGS THESE MATTERS TO THE BOARD. ULTIMATELY, THE BOARD CHAIR DETERMINES IF A CONFLICT EXISTS AND, IN THE CASE OF AN EXISTING CONFLICT, WHETHER THE CONTEMPLATED TRANSACTION MAY BE AUTHORIZED OR RECOMMENDED. |
| FORM 990, PAGE 6, PART VI, LINE 15A | THE PROCESS FOR DETERMINING COMPENSATION FOR THE EXECUTIVE DIRECTOR AND KEY EMPLOYEES IS DETERMINED BY ANALYZING THE BUDGET, REVIEWING THE SALARY OF THE PREVIOUS EMPLOYEE'S SAME POSITION, COMPARING TO LOCAL AND NATIONAL MARKETS FOR THE SAME POSITION, AND OTHER COMPARABILITY DATA. THE COMPENSATION IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS IN CONNECTION WITH ITS OVERALL BUDGET PROCESS AND THE AOD HR DEPARTMENT. PERFORMANCE REVIEWS OF THE EXECUTIVE DIRECTOR ARE ALSO PERFORMED ON AN ANNUAL BASIS BY THE BOARD OF DIRECTORS AND/OR THE AOD HR DEPARTMENT. THE LAST REVIEW WAS PERFORMED IN MAY 2023. |
| FORM 990, PAGE 6, PART VI, LINE 15B | SEE DESCRIPTION FOR PART VI, LINE 15A ABOVE. |
| FORM 990, PAGE 6, PART VI, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PAGE 12, PART XII, LINE 2C | THIS PROCESS DID NOT CHANGE DURING THE TAX YEAR. |
| Software ID: | |
| Software Version: |