Civic Intelligence

Red Sea Inc

EIN 35-2730608 • 501(c)3 • Cypress, TX

Profile

Red sea charities is a christian-based organization dedicated to helping recently released prisoners re-enter society and reduce the incidents of recidivism among the population of former inmates. Services include: meet the released inmate at the steps of jail on the day of release; provide clothes, toiletries & food to get started; work with transitional facilities so that the former inmate has a home on day 1; work with companies to secure employment for the former inmate; provide career, life and christian-centric coaching; provide computer training; meet with former inmates several times a month and maintain contact via phone and text; assist candidates with attaining driver's licenses, government assistance, healthcare, cell phones, clothing, etc; work with prison ministry organizations to prepare candidates for their first steps into freedom

20210 Prim Pine CTCypress, TX 77433
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 2023

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

16th percentile

-42%

Higher net margin than 16% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

99th percentile

1580%

Faster revenue growth than 99% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $889 (-100%) from 2022

Liabilities

Flat

$0

Flat from 2022

Net Assets

Down

$0

Down $889 (-100%) from 2022

Operations
Liabilities / Revenue62nd percentileNet Margin16th percentile

Revenue

Up

$2,100

Up $1,975 (+1580%) from 2022

Expenses

Up

$2,989

Up $2,961 (+10575%) from 2022

Net Income

Down

-$889

Down $986 (-1016%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth10th percentile

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

$1.0K$500$0Assets 2021: $792Liabilities 2021: $0Net Assets 2021: $7922021Assets 2022: $889Liabilities 2022: $0Net Assets 2022: $8892022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2023

Assets$0
Liabilities$0
Net Assets$0
Open 2023 Filing

Operations Trend

Revenue Growth99th percentile

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

$3.0K$2.0K$1.0K$0-$1.0KRevenue 2021: $1,500Expenses 2021: $708Net Income 2021: $7922021Revenue 2022: $125Expenses 2022: $28Net Income 2022: $972022Revenue 2023: $2,100Expenses 2023: $2,989Net Income 2023: -$8892023

Highlighted filing

2023

Revenue$2,100
Expenses$2,989
Net Income-$889
Open 2023 Filing

Filings

Most recent year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$2,100
Expenses
$2,989
Net income
-$889
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0$0$0$2,100$2,989$889
2022Detailed filing. Detailed filing data is available for this year.$889$0$889$125$28$97
2021Detailed filing. Detailed filing data is available for this year.$792$0$792$1,500$708$792
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Aug 6, 2024
Return Version
2023v5.1
Gross Receipts
$2,100
Mission and Program Overview

Mission

Red sea charities is a christian-based organization dedicated to helping recently released prisoners re-enter society and reduce the incidents of recidivism among the population of former inmates. Services include: meet the released inmate at the steps of jail on the day of release; provide clothes, toiletries & food to get started; work with transitional facilities so that the former inmate has a home on day 1; work with companies to secure employment for the former inmate; provide career, life and christian-centric coaching; provide computer training; meet with former inmates several times a month and maintain contact via phone and text; assist candidates with attaining driver's licenses, government assistance, healthcare, cell phones, clothing, etc; work with prison ministry organizations to prepare candidates for their first steps into freedom

Program Services

DescriptionGrantsExpenses
NONE$0$0
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MATTHEW J FORCEYPresident-$0--
Filing and Contact Details

Filer

Filer Name
Red Sea Inc
EIN
35-2730608
Phone
7132993904
Address
20210 PRIM PINE CT, CYPRESS, TX 77433

Signing Officer

Name
Matthew Forcey
Title
President
Phone
7132993904
Signed
2024-08-06
Discuss with paid preparer
Yes

Preparer

Firm
Henry D Nguyen CPA Pllc
Address
PO BOX 550051, HOUSTON, TX 77255
Preparer
Henry D Nguyen CPA
Phone
8324297652
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: auto expense. Amount: 82. Description: donations to inmates. Amount: 2,907. Total to form 990-ez, line 16: 2,989.”

Raw XML Appendix131 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
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/PersonNm0MATTHEW FORCEY
IRS990EZ/BooksInCareOfDetail/PhoneNum07132993904
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt020210 PRIM PINE CT
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CYPRESS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd077433
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0889
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt00
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt02100
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-889
IRS990EZ/FiledScheduleAInd01
IRS990EZ/FinalReturnInd0X
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0889
IRS990EZ/Form990TotalAssetsGrp/EOYAmt00
IRS990EZ/GrossReceiptsAmt02100
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0889
IRS990EZ/NetAssetsOrFundBalancesEOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0889
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MATTHEW J FORCEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd01
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt02989
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0RED SEA CHARITIES IS A CHRISTIAN-BASED ORGANIZATION DEDICATED TO HELPING RECENTLY RELEASED PRISONERS RE-ENTER SOCIETY AND REDUCE THE INCIDENTS OF RECIDIVISM AMONG THE POPULATION OF FORMER INMATES. SERVICES INCLUDE: MEET THE RELEASED INMATE AT THE STEPS OF JAIL ON THE DAY OF RELEASE; PROVIDE CLOTHES, TOILETRIES & FOOD TO GET STARTED; WORK WITH TRANSITIONAL FACILITIES SO THAT THE FORMER INMATE HAS A HOME ON DAY 1; WORK WITH COMPANIES TO SECURE EMPLOYMENT FOR THE FORMER INMATE; PROVIDE CAREER, LIFE AND CHRISTIAN-CENTRIC COACHING; PROVIDE COMPUTER TRAINING; MEET WITH FORMER INMATES SEVERAL TIMES A MONTH AND MAINTAIN CONTACT VIA PHONE AND TEXT; ASSIST CANDIDATES WITH ATTAINING DRIVER'S LICENSES, GOVERNMENT ASSISTANCE, HEALTHCARE, CELL PHONES, CLOTHING, ETC; WORK WITH PRISON MINISTRY ORGANIZATIONS TO PREPARE CANDIDATES FOR THEIR FIRST STEPS INTO FREEDOM
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0NONE
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0TX
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt02989
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt02100
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationOtherInd0X
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt02100
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0125
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt03725
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt03725
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt02100
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0125
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01500
IRS990ScheduleA/Total509Grp/TotalAmt03725
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt02100
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0125
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01500
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03725
IRS990ScheduleN/AssetsDistributedInd01
IRS990ScheduleN/AttorneyGeneralNotifiedInd01
IRS990ScheduleN/BondsOutstandingInd00
IRS990ScheduleN/DirectorOfSuccessorInd00
IRS990ScheduleN/EmployeeOfSuccessorInd00
IRS990ScheduleN/LiabilitiesPaidInd00
IRS990ScheduleN/OwnerOfSuccessorInd00
IRS990ScheduleN/ReceiveCompensationInd00
IRS990ScheduleN/RequiredToNotifyAGInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: AUTO EXPENSE. AMOUNT: 82. DESCRIPTION: DONATIONS TO INMATES. AMOUNT: 2,907. TOTAL TO FORM 990-EZ, LINE 16: 2,989.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02024-08-08 14:25:15Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MATTHEW FORCEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07132993904
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-08-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RED SEA INC
ReturnHeader/Filer/BusinessNameControlTxt0REDS
ReturnHeader/Filer/EIN0352730608
ReturnHeader/Filer/PhoneNum07132993904
ReturnHeader/Filer/USAddress/AddressLine1Txt020210 PRIM PINE CT
ReturnHeader/Filer/USAddress/CityNm0CYPRESS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd077433
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0811044603
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HENRY D NGUYEN CPA PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 550051
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HOUSTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd077255
ReturnHeader/PreparerPersonGrp/PhoneNum08324297652
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0HENRY D NGUYEN CPA
ReturnHeader/ReturnTs02024-08-19T09:01:23-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)3 • <$500k nonprofits