Civic Intelligence

Sea-Legs Inc

990EZ • Fiscal year 2016 • EIN 04-3420792

Apr 01, 2015 to Mar 31, 2016 • Filed on Feb 14, 2017

Organization ProfileWWW.SEA-LEGS.ORG
19 Guthrie PlaceNew London, CT 06320

(860) 442-2704

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

28th percentile

-6.5%

Higher net margin than 28% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

21st percentile

-19%

Faster asset growth than 21% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

43rd percentile

-3.4%

Faster revenue growth than 43% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets56th percentile

Assets

Down

$16,046

Down $3,789 (-19%) from 2015

Net Assets

Down

$16,046

Down $3,789 (-19%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin28th percentile

Revenue

Down

$57,573

Down $2,057 (-3.4%) from 2015

Expenses

Down

$61,342

Down $2,583 (-4.0%) from 2015

Net Income

Up

-$3,769

Up $526 (+12%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth21st percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$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

2016

Assets$16,046
Liabilities$0
Net Assets$16,046
Open 2016 Filing

Operations Trend

Revenue Growth43rd percentile

Revenue, expenses, and net income across loaded years, with this 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

2016

Revenue$57,573
Expenses$61,342
Net Income-$3,769
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Apr 1, 2015 to Mar 31, 2016
Signed
Feb 14, 2017
Return Version
2015v3.0
Gross Receipts
$58,451
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.$48,825-
Compensation and Service Providers
Top Officer Pay75th percentile

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
2017-02-14
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 $931”

Other Expenses.1002

“Office Expenses $773”

Other Expenses.1005

“Travel $1843”

Other Expenses.1009

“Depreciation $1052”

Other Expenses.1012

“Insurance $7658”

Other Expenses.1

“BOAT STORAGE $14832”

Other Expenses.2

“Repairs & maintenance $6568”

Other Expenses.3

“Telehone & internet $4773”

Other Expenses.4

“BOAT REPAIRS $4130”

Other Expenses.5

“MISCELLANEOUS $4076”

Other Expenses.6

“BOAT FUEL $1129”

Other Expenses.8

“MARINA FEES $584”

Other Expenses.9

“REGISTRATIONS $328”

Other Assets.1001

“Automobiles - Beginning $2256 Automobiles - Ending $1354”

Other Assets.1003

“Machinery and Equipment - Beginning $523 Machinery and Equipment - Ending $373”

Raw XML Appendix183 raw XML fields

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

Path#Value
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IRS990EZ/BooksInCareOfDetail/PhoneNum08604422704
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt019 GUTHRIE PLACE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NEW LONDON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CT
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd006320
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IRS990EZ/ExcessOrDeficitForYearAmt0-3769
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt07610
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
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IRS990EZ/GrossReceiptsAmt058451
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
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IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt019835
IRS990EZ/NetAssetsOrFundBalancesEOYAmt016046
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt019835
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0RICHARD LATHROP
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1CRAIG SPEAR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2PAUL JAKOBOSKI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3ANTHONY LATHROP
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Board Member
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt02779
IRS990EZ/OtherAssetsTotalDetail/EOYAmt01727
IRS990EZ/OtherChangesInNetAssetsAmt0-20
IRS990EZ/OtherExpensesTotalAmt047746
IRS990EZ/OtherRevenueTotalAmt0931
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0ENHANCE RECREATIONAL, VOCATIONAL, AND EDUCATIONAL OPTIONS FOR UNDERPRIVILEGED CHILDREN USING THE SEA AND MARITIME EXPERIENCE AS A MEANS FOR PERSONAL, SOCIAL AND FUTURE ECONOMIC POTENTIAL.
IRS990EZ/PrintingPublicationsPostageAmt0848
IRS990EZ/ProgramServiceRevenueAmt012666
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0ENHANCE RECREATIONAL, VOCATIONAL, AND EDUCATIONAL OPTIONS FOR UNDERPRIVILEGED CHILDREN USING THE SEA AND MARITIME EXPERIENCE AS A MEANS FOR PERSONAL, SOCIAL AND FUTURE ECONOMIC POTENTIAL.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt048825
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt05138
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt0878
IRS990EZ/SpecialEventsNetIncomeLossAmt05948
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt061342
IRS990EZ/TotalProgramServiceExpensesAmt048825
IRS990EZ/TotalRevenueAmt057573
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.SEA-LEGS.ORG
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt038027
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt048774
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt027255
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt051910
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt046421
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0212387
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt08260
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt04746
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt024001
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt037007
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0931
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt02
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt01670
IRS990ScheduleA/OtherIncome509Grp/TotalAmt02603
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98970
IRS990ScheduleA/PublicSupportTotal509Amt0249394
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt046287
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt053520
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt051256
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt051910
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt046421
IRS990ScheduleA/Total509Grp/TotalAmt0249394
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt047218
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt053522
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt052926
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt051910
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt046421
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0251997
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MISCELLANEOUS $931
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $773
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Travel $1843
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Depreciation $1052
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Insurance $7658
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BOAT STORAGE $14832
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6REPAIRS & MAINTENANCE $6568
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7TELEHONE & INTERNET $4773
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8BOAT REPAIRS $4130
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9MISCELLANEOUS $4076
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10BOAT FUEL $1129
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11MARINA FEES $584
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12REGISTRATIONS $328
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Automobiles - Beginning $2256 Automobiles - Ending $1354
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Machinery and Equipment - Beginning $523 Machinery and Equipment - Ending $373
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Revenue.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1005
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Other Expenses.8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Other Expenses.9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Other Assets.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Other Assets.1003
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RICHARD LATHROP
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CPA
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-02-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SEA LEGS INC
ReturnHeader/Filer/BusinessNameControlTxt0SEAL
ReturnHeader/Filer/EIN0043420792
ReturnHeader/Filer/PhoneNum08604422704
ReturnHeader/Filer/USAddress/AddressLine1Txt019 GUTHRIE PLACE
ReturnHeader/Filer/USAddress/CityNm0NEW LONDON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CT
ReturnHeader/Filer/USAddress/ZIPCd006320
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Aldrich Mulcahy & Associates LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0567 Vauxhall St Ext Ste 330
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Waterford
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd006385
ReturnHeader/PreparerPersonGrp/PhoneNum08604431040
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BETH A STEPSKI
ReturnHeader/ReturnTs02017-02-14T11:28:06-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-04-01
ReturnHeader/TaxPeriodEndDt02016-03-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$16,046
Liabilities
$0
Net assets
$16,046
Revenue
$57,573
Expenses
$61,342
Net income
-$3,769
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2017Detailed filing. Detailed filing data is available for this year.$10.3$0.00$10.3$35.3$41.0$5.73
2016Detailed filing. Detailed filing data is available for this year.$16.0$0.00$16.0$57.6$61.3$3.77
2015Detailed filing. Detailed filing data is available for this year.$19.8$0.00$19.8$59.6$63.9$4.30
2014Detailed filing. Detailed filing data is available for this year.$24.1$0.00$24.1$59.5$50.4$9.10
2013Summary only. Only limited summary data is available for this year.$13.6$0.00$51.9$44.7$7.25
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.7$0.00$27.7$44.7
2011Summary only. Only limited summary data is available for this year.$27.7$0.00$27.7$63.5$60.8$2.62
2010Summary only. Only limited summary data is available for this year.$8.79$0.00$8.79$43.3$0.00$43.3