Civic Intelligence

Seabrook Community Foundation

990 • Fiscal year 2017 • EIN 20-8521827

Jan 01, 2017 to Dec 31, 2017 • Filed on Mar 12, 2018

PO Box 422Pacific Beach, WA 98571

(360) 276-0099

Siviq Scores

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

Liabilities / Assets

14th percentile

0.00x

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

14th percentile

0.00x

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

89th percentile

42%

Higher net margin than 89% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

40th percentile

$30,066

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 7.5% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

77th percentile

16%

Faster asset growth than 77% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

86th percentile

47%

Faster revenue growth than 86% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$1,237,455

Up $169,755 (+16%) from 2016

Net Assets

Up

$1,237,455

Up $169,755 (+16%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Up

$402,735

Up $129,472 (+47%) from 2016

Expenses

Down

$232,980

Down $9,416 (-3.9%) from 2016

Net Income

Up

$169,755

Up $138,888 (+450%) from 2016

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $773,691Liabilities 2010: $1,750Net Assets 2010: $771,9412010Assets 2011: $862,332Liabilities 2011: $0Net Assets 2011: $862,3322011Assets 2012: $898,322Liabilities 2012: $0Net Assets 2012: $898,3222012Assets 2013: $962,187Liabilities 2013: $0Net Assets 2013: $962,1872013Assets 2014: $1,001,783Liabilities 2014: $1,251Net Assets 2014: $1,000,5322014Assets 2015: $1,036,919Liabilities 2015: $86Net Assets 2015: $1,036,8332015Assets 2016: $1,067,700Liabilities 2016: $0Net Assets 2016: $1,067,7002016Assets 2017: $1,237,455Liabilities 2017: $0Net Assets 2017: $1,237,4552017Assets 2018: $1,387,072Liabilities 2018: $0Net Assets 2018: $1,387,0722018Assets 2019: $1,616,448Liabilities 2019: $7,822Net Assets 2019: $1,608,6262019Assets 2020: $1,786,437Liabilities 2020: $0Net Assets 2020: $1,786,4372020Assets 2021: $2,388,358Liabilities 2021: $4,200Net Assets 2021: $2,384,1582021Assets 2022: $2,687,288Liabilities 2022: $0Net Assets 2022: $2,687,2882022Assets 2023: $3,055,857Liabilities 2023: $2,521Net Assets 2023: $3,053,3362023Assets 2024: $3,252,744Liabilities 2024: $2,472Net Assets 2024: $3,250,2722024

Highlighted filing

2017

Assets$1,237,455
Liabilities$0
Net Assets$1,237,455

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0Revenue 2010: $144,131Expenses 2010: $81,282Net Income 2010: $62,8492010Revenue 2011: $138,998Expenses 2011: $48,607Net Income 2011: $90,3912011Expenses 2012: $82,5042012Revenue 2013: $171,429Expenses 2013: $107,564Net Income 2013: $63,8652013Revenue 2014: $179,915Expenses 2014: $141,570Net Income 2014: $38,3452014Revenue 2015: $217,184Expenses 2015: $180,883Net Income 2015: $36,3012015Revenue 2016: $273,263Expenses 2016: $242,396Net Income 2016: $30,8672016Revenue 2017: $402,735Expenses 2017: $232,980Net Income 2017: $169,7552017Revenue 2018: $411,274Expenses 2018: $261,657Net Income 2018: $149,6172018Revenue 2019: $556,050Expenses 2019: $334,496Net Income 2019: $221,5542019Revenue 2020: $527,766Expenses 2020: $349,955Net Income 2020: $177,8112020Revenue 2021: $803,551Expenses 2021: $245,799Net Income 2021: $557,7522021Revenue 2022: $770,494Expenses 2022: $269,208Net Income 2022: $501,2862022Revenue 2023: $706,059Expenses 2023: $431,671Net Income 2023: $274,3882023Revenue 2024: $657,787Expenses 2024: $574,281Net Income 2024: $83,5062024

Highlighted filing

2017

Revenue$402,735
Expenses$232,980
Net Income$169,755
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Mar 12, 2018
Return Version
2017v2.2
Gross Receipts
$402,735
Mission and Program Overview

Mission

The seabrook community foundation was established for the purpose of providing charitable, philanthropic, educational, civic and health benefits to the grays harbor county, washington community. The foundation's primary goal is to help people first and this is reflected in the way donations are allocated. The foundation's priority is to channel its funds as effectively as it can, for the greatest possible benefit of the community and its people.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,067,700$1,237,455▲ $169,755
Investments Other Securities$619,223$624,257▲ $5,034
Savings and Temporary Cash Investments$430,225$599,355▲ $169,130
Cash and Non-Interest-Bearing Accounts$5,000$10,469▲ $5,469
Receivable From Disqualified Prsn$13,252$3,374▼ $9,878
Total Assets$1,067,700$1,237,455▲ $169,755
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,067,700$1,237,455▲ $169,755
Total Liabilities and Net Assets / Fund Balance$1,067,700$1,237,455▲ $169,755

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$624,257--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jim WhitneyDirectorPT$30,066$30,066

Board Members and Trustees

NameTitle
Miriam GroessePresident
Tim KerrTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$400,649
Program Service Revenue
$0
Investment Income
$2,086
Other Revenue
$0
All Other Contributions
$400,649
Change in Net Assets
$169,755
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$201,410
Salaries, Compensation, and Employee Benefits$30,066
Other Expenses$1,504
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$201,410--$201,410
Current Officers, Directors, Trustees, and Key Employees-$30,066-$30,066
Fees for Services Legal-$571-$571
Office Expenses-$412-$412
Payment Travel Entrtnmnt Publicly Ofcl-$352-$352
Other Expenses$169--$169
Total Functional Expenses$201,579$31,401$0$232,980
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Coastal HarvestHoquiam, WA501(c)Food Bank$15,000
Maap FoundationPacific Beach, WA501(c)Kxpb, Youth, Cert$14,700
Lake Quinault Community Food BankAmanda Park, WA501(c)-$10,460
ConnectionsMontesano, WAGov-$10,000
Museum of the North BeachMoclips, WA501(c)-$10,000
Cosmopolis Elementary SchoolCosmopolis, WA501(c)-$8,000
Columbia WellnessLongview, WA501(c)-$7,500
Green Lantern LunchCopalis Beach, WA501(c)-$7,500
Revival of Grays HarborAberdeen, WAGov-$7,500
Saving the Nations MinistryAberdeen, WA501(c)-$7,500
Chaplains on the HarborWestport, WA501(c)-$6,000
Grays Harbor CollegeAberdeen, WA--$6,000
Grays Harbor Youth WorksOcean Shores, WA501(c)-$6,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons$13,252$3,374▼ $9,878
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Form 990 will be reviewed by directors and discussed in a meeting. Meeting may be held by conference call.

Form 990, Page 6, Part VI, Line 12C

The organization regularly and consistently monitors and enforces this policy by annually requiring directors, principal officers and committee members to sign a statement that affirms they have received a copy of the policy; have read and understand the policy; and have agreed to comply with the policy.

Form 990, Page 6, Part VI, Line 19

Copies are available upon request

Filing and Contact Details

Filer

Filer Name
Seabrook Community Foundation
EIN
20-8521827
Phone
3602760099
Address
PO BOX 422, PACIFIC BEACH, WA 98571

Signing Officer

Name
Miriam Groesse
Title
President
Phone
3602760099
Signed
2018-03-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Miriam Groesse
Formed
2007
Legal Domicile
Wa
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Larry Berebitsky CPA
Address
2525 BUCKINGHAM DRIVE SE, OLYMPIA, WA 98501-7034
Preparer
Larry Berebitsky
Phone
3606217067
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The seabrook community foundation was established for the purpose of providing charitable, philanthropic, educational, civic and health benefits to the grays harbor county, washington community. The foundation's primary goal is to help people first and this is reflected in the way donations are allocated. The foundation's priority is to channel its funds as effectively as it can, for the greatest possible benefit of the community and its people.

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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1FOOD BANK
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IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1COASTAL HARVEST
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2MUSEUM OF THE NORTH BEACH
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3GRAYS HARBOR YOUTH WORKS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4COLUMBIA WELLNESS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5SAVING THE NATIONS MINISTRY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6GREEN LANTERN LUNCH
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7CONNECTIONS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt8COSMOPOLIS ELEMENTARY SCHOOL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt9CHAPLAINS ON THE HARBOR
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt10LAKE QUINAULT COMMUNITY FOOD BANK
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt11REVIVAL OF GRAYS HARBOR
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt12GRAYS HARBOR COLLEGE
IRS990ScheduleI/RecipientTable/RecipientEIN0911939069
IRS990ScheduleI/RecipientTable/RecipientEIN1943252669
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IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt4921 14TH AVE
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IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt7514 E BROADWAY AVE
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION CONDUCTS REVIEWS TO DETERMINE IF FUNDS WERE USED FOR THEIR INTENDED PURPOSE. APPROVED LOAN APPLICANTS PROVIDE SEMI-ANNUAL REPORTS OF ACTIVITIES AND PROGRESS TO THE FOUNDATION THAT CONSIST OF: 1. SEMI-ANNUAL SUBMISSION OF COMPILED INCOME STATEMENT AND BALANCE SHEET; 2. CURRENT CASH POSITION AND PROJECTED CASH FLOW FOR THE NEXT SIX MONTHS; 3. DESCRIPTION OF GOALS FOR THE NEXT SIX MONTHS. IN ADDITION, THE FOUNDATION REQUIRES ALL LOAN RECIPIENTS TO SUBMIT A NARRATIVE AND FINANCIAL REPORT ON THE BUSINESS'S ACTIVITIES DURING THE GRANT YEAR AND THE USE OF THE FUNDS. THESE REPORTS ARE REQUIRED WITHIN TWO MONTHS FOLLOWING THE CLOSE OF THE GRANT YEAR.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990ScheduleI/Total501c3OrgCnt042
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt03374
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt0MILL 109 LLC
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0FINANCE EQUIP PURCHASE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt045000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/TotalBalanceDueAmt03374
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE SEABROOK COMMUNITY FOUNDATION WAS ESTABLISHED FOR THE PURPOSE OF PROVIDING CHARITABLE, PHILANTHROPIC, EDUCATIONAL, CIVIC AND HEALTH BENEFITS TO THE GRAYS HARBOR COUNTY, WASHINGTON COMMUNITY. THE FOUNDATION'S PRIMARY GOAL IS TO HELP PEOPLE FIRST AND THIS IS REFLECTED IN THE WAY DONATIONS ARE ALLOCATED. THE FOUNDATION'S PRIORITY IS TO CHANNEL ITS FUNDS AS EFFECTIVELY AS IT CAN, FOR THE GREATEST POSSIBLE BENEFIT OF THE COMMUNITY AND ITS PEOPLE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 WILL BE REVIEWED BY DIRECTORS AND DISCUSSED IN A MEETING. MEETING MAY BE HELD BY CONFERENCE CALL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES THIS POLICY BY ANNUALLY REQUIRING DIRECTORS, PRINCIPAL OFFICERS AND COMMITTEE MEMBERS TO SIGN A STATEMENT THAT AFFIRMS THEY HAVE RECEIVED A COPY OF THE POLICY; HAVE READ AND UNDERSTAND THE POLICY; AND HAVE AGREED TO COMPLY WITH THE POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COPIES ARE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
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IRS990ScheduleR/AssetSaleToOtherOrgInd0false
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IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0true
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0SEABROOK AFFORDABLE HOUSING HOLDING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine2Txt0FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0263285413
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C2
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0WA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0TITLE HOLD
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IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
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IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
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IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt05034
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0ACTUAL COST
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0SEABROOK AFFORDABLE HOUSING HOLDING
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine2Txt0FOUNDATION
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IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01067700
IRS990/TotalAssetsEOYAmt01237455
IRS990/TotalAssetsGrp/BOYAmt01067700
IRS990/TotalAssetsGrp/EOYAmt01237455
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0400649
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt031401
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0201579
IRS990/TotalFunctionalExpensesGrp/TotalAmt0232980
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01067700
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01237455
IRS990/TotalProgramServiceExpensesAmt0201579
IRS990/TotalReportableCompFromOrgAmt030066
IRS990/TotalRevenueGrp/ExclusionAmt02086
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0402735
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01067700
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01237455

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.25$0.00$3.25$0.66$0.57$0.08
2023Summary only. Only limited summary data is available for this year.$3.06$0.00$3.05$0.71$0.43$0.27
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.69$0.00$2.69$0.77$0.27$0.50
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.39$0.00$2.38$0.80$0.25$0.56
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.79$0.00$1.79$0.53$0.35$0.18
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.62$0.01$1.61$0.56$0.33$0.22
2018Summary only. Only limited summary data is available for this year.$1.39$0.00$1.39$0.41$0.26$0.15
2017Detailed filing. Detailed filing data is available for this year.$1.24$0.00$1.24$0.40$0.23$0.17
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.07$0.00$1.07$0.27$0.24$0.03
2015Detailed filing. Detailed filing data is available for this year.$1.04$0.00$1.04$0.22$0.18$0.04
2014Detailed filing. Detailed filing data is available for this year.$1.00$0.00$1.00$0.18$0.14$0.04
2013Detailed filing. Detailed filing data is available for this year.$0.96$0.00$0.96$0.17$0.11$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.90$0.00$0.90$0.08
2011Summary only. Only limited summary data is available for this year.$0.86$0.00$0.86$0.14$0.05$0.09
2010Summary only. Only limited summary data is available for this year.$0.77$0.00$0.77$0.14$0.08$0.06