Seed of Abraham Ministries 
The information on this page was last updated 6/6/2025. If you see errors or omissions, please email: [email protected]
Summary
Seed of Abraham Ministries is a pro-Israel Hebraic heritage based ministry with 5 parts: Seed of Fellowship, Torah Class, Holyland Marketplace, Hope for Israel, and Love Israel.
Contact information
Mailing address:
Seed of Abraham Ministries
6355 N Courtenay Pkwy
Merritt Island, FL 32953
Website: www.seedofabrahamfellowship.com
Phone: (321) 454-9322
Email: [email protected]
Organization details
EIN: 550882094
CEO/President: Thomas Bradford
Chairman: Thomas Bradford
Board size: 5
Founder: Thomas Bradford
Ruling year: 2017
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: Yes
Member of ECFA since: 2015
Purpose
Our 7-fold mission is to:
- Accurately teach the entire Bible in spirit and in truth, in its historical Hebrew context
- Rediscover the foundational patterns and principles of God's Word
- Restore to our faith God's moral principles found in the only comprehensive biblical moral code: The Law of Moses
- Bless, comfort, and stand with the Jewish nation and people of Israel
- Break down the wall of division between Jews and gentiles
- Restore the original meaning and intent of the earliest Believers' movement
- Make these Bible lessons available to all for free
Mission statement
Torah Class is an independent, non-denominational organization of Believing gentiles and Jews who have banded together to educate followers of Yeshua in the Torah and the Old Testament (Tanakh) along with the New Testament, from a Hebraic Heritage perspective, and then to apply that necessary understanding to our everyday lives and personal relationship with the Lord.
Statement of faith
1. We believe that God is One, there is no other, and that He created the world.
2. We trust in and worship the God of Abraham, Isaac, and Jacob, and His Son Jesus Christ (Yeshua is His Hebrew Name).
3. We affirm that Salvation comes only from trust in Christ, and it is a free gift from God.
4. We are a community of Believers that come together to worship God and to help one another through life's journey.
5. We acknowledge the infallibility and continuing truth and relevance of the entire Bible, Old and New Testaments.
6. We uphold that the two most foundational Commandments from God are to love Him with our entire being, and to love our fellow man as ourselves.
7. We stand with and actively support Israel as God's chosen people and Land.
8. We observe the Biblically mandated 7th day Sabbath, as well as all the Biblical Feasts and appointed times.
9. We learn God's ways by studying and believing His Word from Genesis to Revelation.
10. We believe in teaching our children God's Word in ways they can understand, from the earliest possible age.
Donor confidence score
Transparency grade
C
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Christian Growth
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 157 of 1134 | 8 of 66 |
| Fund acquisition rating | | 281 of 1134 | 15 of 66 |
| Resource allocation rating | | 60 of 1134 | 1 of 66 |
| Asset utilization rating | | 599 of 1134 | 36 of 66 |
Financial ratios
| Funding ratios | Sector median | 2023 | 2022 | 2020 | 2019 | 2018 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 7% | 3% | 3% | 1% | 1% | 1% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 5% | 3% | 3% | 0% | 0% | 1% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 85% | 87% | 94% | 93% | 90% | 91% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 5% | 3% | 3% | 1% | 0% | 1% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 15% | 13% | 6% | 7% | 10% | 9% |
| Operating ratios | Sector median | 2023 | 2022 | 2020 | 2019 | 2018 |
Program expense ratio Program expense ratio = Program services / Total expenses | 81% | 95% | 90% | 92% | 93% | 91% |
Spending ratio Spending ratio = Total expenses / Total revenue | 97% | 87% | 88% | 86% | 101% | 92% |
Program output ratio Program output ratio = Program services / Total revenue | 78% | 82% | 79% | 79% | 94% | 83% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 3% | 13% | 12% | 14% | -1% | 8% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 6% | 16% | 13% | 17% | -2% | 10% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 12% | 2% | 7% | 7% | 7% | 8% |
| Investing ratios | Sector median | 2023 | 2022 | 2020 | 2019 | 2018 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.07 | 1.01 | 0.85 | 1.04 | 1.24 | 0.99 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.42 | 1.34 | 1.34 | 1.56 | 1.16 | 1.16 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.76 | 1.35 | 1.14 | 1.62 | 1.44 | 1.15 |
| Liquidity ratios | Sector median | 2023 | 2022 | 2020 | 2019 | 2018 |
Current ratio Current ratio = Total current assets / Total current liabilities | 9.64 | 29.87 | 23.31 | 48.69 | 66.23 | 79.43 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.10 | 0.03 | 0.04 | 0.02 | 0.02 | 0.01 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 5.79 | 8.57 | 10.08 | 7.25 | 8.20 | 10.34 |
| Solvency ratios | Sector median | 2023 | 2022 | 2020 | 2019 | 2018 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 16% | 3% | 12% | 2% | 7% | 8% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 78% | 96% | 104% | 95% | 75% | 93% |
Financials
| Balance sheet | |||||
| Assets | 2023 | 2022 | 2020 | 2019 | 2018 |
| Cash | $3,352,213 | $2,999,205 | $1,563,897 | $1,786,384 | $1,832,776 |
| Receivables, inventories, prepaids | $551,276 | $633,344 | $199,395 | $272,120 | $286,797 |
| Short-term investments | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $3,903,489 | $3,632,549 | $1,763,292 | $2,058,504 | $2,119,573 |
| Long-term investments | $58,316 | $36,477 | $0 | $0 | $0 |
| Fixed assets | $1,265,930 | $1,204,295 | $975,901 | $318,408 | $336,468 |
| Other long-term assets | $60 | $6,903 | $7,253 | $13,253 | $6,003 |
| Total long-term assets | $1,324,306 | $1,247,675 | $983,154 | $331,661 | $342,471 |
| Total assets | $5,227,795 | $4,880,224 | $2,746,446 | $2,390,165 | $2,462,044 |
| Liabilities | 2023 | 2022 | 2020 | 2019 | 2018 |
| Payables and accrued expenses | $130,663 | $155,851 | $36,217 | $31,080 | $26,686 |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $130,663 | $155,851 | $36,217 | $31,080 | $26,686 |
| Debt | $0 | $0 | $0 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $28,581 | $416,297 | $5,293 | $129,161 | $165,522 |
| Total long-term liabilities | $28,581 | $416,297 | $5,293 | $129,161 | $165,522 |
| Total liabilities | $159,244 | $572,148 | $41,510 | $160,241 | $192,208 |
| Net assets | 2023 | 2022 | 2020 | 2019 | 2018 |
| Without donor restrictions | $4,207,832 | $3,853,295 | $2,690,565 | $2,229,924 | $2,159,580 |
| With donor restrictions | $860,719 | $454,781 | $14,371 | $0 | $110,256 |
| Net assets | $5,068,551 | $4,308,076 | $2,704,936 | $2,229,924 | $2,269,836 |
| Revenues and expenses | |||||
| Revenue | 2023 | 2022 | 2020 | 2019 | 2018 |
| Total contributions | $5,268,891 | $4,423,515 | $3,093,870 | $2,638,281 | $2,407,376 |
| Program service revenue | $665,580 | $96,352 | $139,934 | $219,264 | $163,475 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $30,882 | $130 | ($1,706) | $962 | $595 |
| Other revenue | $117,806 | $178,987 | $91,467 | $68,801 | $74,506 |
| Total other revenue | $814,268 | $275,469 | $229,695 | $289,027 | $238,576 |
| Total revenue | $6,083,159 | $4,698,984 | $3,323,565 | $2,927,308 | $2,645,952 |
| Expenses | 2023 | 2022 | 2020 | 2019 | 2018 |
| Program services | $4,992,715 | $3,735,690 | $2,637,321 | $2,751,281 | $2,209,257 |
| Management and general | $113,848 | $281,465 | $203,886 | $201,326 | $188,888 |
| Fundraising | $175,011 | $122,613 | $16,125 | $13,923 | $30,049 |
| Total expenses | $5,281,574 | $4,139,768 | $2,857,332 | $2,966,530 | $2,428,194 |
| Change in net assets | 2023 | 2022 | 2020 | 2019 | 2018 |
| Surplus (deficit) | $801,585 | $559,216 | $466,233 | ($39,222) | $217,758 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $801,585 | $559,216 | $466,233 | ($39,222) | $217,758 |
Compensation
| Name | Title | Compensation |
| Patricia Stallard | Secretary | $62,508 |
Compensation data as of: 12/31/2023
Response from ministry
No response has been provided by this ministry.
The information below was provided to MinistryWatch by the ministry itself. It was last updated 6/6/2025. To update the information below, please email: [email protected]