Civic Intelligence

Sea Legs Inc

EIN 04-3420792 • 501(c)3 • New London, CT

Profile

Enhance recreational, vocational, and educational options for underprivileged children using the sea and maritime experience as a means for personal, social and future economic potential.

19 Guthrie PlaceNew London, CT 06320

www.sea-legs.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2017

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2017

Net Margin

25th percentile

-16%

Higher net margin than 25% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

22nd percentile

-36%

Faster asset growth than 22% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

21st percentile

-39%

Faster revenue growth than 21% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$10,319

Down $5,727 (-36%) from 2016

Liabilities

Flat

$0

Flat from 2016

Net Assets

Down

$10,319

Down $5,727 (-36%) from 2016

Revenue

Down

$35,257

Down $22,316 (-39%) from 2016

Expenses

Down

$40,984

Down $20,358 (-33%) from 2016

Net Income

Down

-$5,727

Down $1,958 (-52%) from 2016

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30K$20K$10K$0Assets 2010: $8,791Liabilities 2010: $0Net Assets 2010: $8,7912010Assets 2011: $27,716Liabilities 2011: $0Net Assets 2011: $27,7162011Assets 2012: $27,716Liabilities 2012: $0Net Assets 2012: $27,7162012Assets 2013: $13,584Liabilities 2013: $02013Assets 2014: $24,130Liabilities 2014: $0Net Assets 2014: $24,1302014Assets 2015: $19,835Liabilities 2015: $0Net Assets 2015: $19,8352015Assets 2016: $16,046Liabilities 2016: $0Net Assets 2016: $16,0462016Assets 2017: $10,319Liabilities 2017: $0Net Assets 2017: $10,3192017

Highlighted filing

2017

Assets$10,319
Liabilities$0
Net Assets$10,319

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$80K$60K$40K$20K$0-$20KRevenue 2010: $43,326Expenses 2010: $0Net Income 2010: $43,3262010Revenue 2011: $63,463Expenses 2011: $60,841Net Income 2011: $2,6222011Expenses 2012: $44,6572012Revenue 2013: $51,910Expenses 2013: $44,659Net Income 2013: $7,2512013Revenue 2014: $59,549Expenses 2014: $50,449Net Income 2014: $9,1002014Revenue 2015: $59,630Expenses 2015: $63,925Net Income 2015: -$4,2952015Revenue 2016: $57,573Expenses 2016: $61,342Net Income 2016: -$3,7692016Revenue 2017: $35,257Expenses 2017: $40,984Net Income 2017: -$5,7272017

Highlighted filing

2017

Revenue$35,257
Expenses$40,984
Net Income-$5,727

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Apr 1, 2016 to Mar 31, 2017
Signed
Feb 13, 2018
Return Version
2016v3.0
Gross Receipts
$36,327
Mission and Program Overview

Mission

Enhance recreational, vocational, and educational options for underprivileged children using the sea and maritime experience as a means for personal, social and future economic potential.

Program Services

DescriptionGrantsExpenses
ENHANCE RECREATIONAL, VOCATIONAL, AND EDUCATIONAL OPTIONS FOR UNDERPRIVILEGED CHILDREN USING THE SEA AND MARITIME EXPERIENCE AS A MEANS FOR PERSONAL, SOCIAL AND FUTURE ECONOMIC POTENTIAL.$32,584-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
RICHARD LATHROPPresidentPT$0--
CRAIG SPEARBoard Member-$0--
PAUL JAKOBOSKITreasurerPT$0--
ANTHONY LATHROPBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Sea Legs Inc
EIN
04-3420792
Phone
8604422704
Address
19 GUTHRIE PLACE, NEW LONDON, CT 06320

Signing Officer

Name
Richard Lathrop
Title
CPA
Signed
2018-02-13
Discuss with paid preparer
Yes

Preparer

Firm
Aldrich Mulcahy & Associates LLC
Address
567 Vauxhall St Ext Ste 330, Waterford, CT 06385
Preparer
Beth a Stepski
Phone
8604431040
Supplemental Narrative

Additional Explanations

Other Revenue.1

MISCELLANEOUS $1

Other Expenses.1002

Office Expenses $606

Other Expenses.1005

Travel $1610

Other Expenses.1009

Depreciation $691

Other Expenses.1012

Insurance $4621

Other Expenses.1

BOAT STORAGE $9969

Other Expenses.2

Repairs & maintenance $4344

Other Expenses.3

Telephone & internet $3992

Other Expenses.4

BOAT REPAIRS $3592

Other Expenses.5

MISCELLANEOUS $633

Other Expenses.6

REGISTRATIONS $318

Other Expenses.7

BOAT FUEL $296

Other Expenses.8

DONATIONS $100

Other Expenses.11

MEMBERSHIP DUES $20

Other Expenses.12

BANK FEES $5

Other Assets.1001

Automobiles - Beginning $1354 Automobiles - Ending $813

Other Assets.1003

Machinery and Equipment - Beginning $373 Machinery and Equipment - Ending $223

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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ReturnHeader/BuildTS02018-03-14 21:41:22Z
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ReturnHeader/Filer/EIN0043420792
ReturnHeader/Filer/PhoneNum08604422704
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT
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ReturnHeader/PreparerPersonGrp/PhoneNum08604431040
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ReturnHeader/ReturnTs02018-02-13T08:38:57-08:00
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