Civic Intelligence

Red Sea Inc

990EZ • Fiscal year 2021 • EIN 35-2730608

Mar 11, 2021 to Dec 31, 2021 • Filed on Nov 08, 2022

20210 Prim Pine CTCypress, TX 77433

(713) 299-3904

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.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

88th percentile

53%

Higher net margin than 88% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Assets

$792

No earlier filing loaded for comparison.

Net Assets

$792

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$1,500

No earlier filing loaded for comparison.

Expenses

$708

No earlier filing loaded for comparison.

Net Income

$792

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$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

2021

Assets$792
Liabilities$0
Net Assets$792

Operations Trend

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

2021

Revenue$1,500
Expenses$708
Net Income$792
Jump To
Filing Snapshot
Filing Period
Mar 11, 2021 to Dec 31, 2021
Signed
Nov 8, 2022
Return Version
2021v4.2
Gross Receipts
$1,500
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

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
2022-11-08
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
Raw XML Appendix116 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.

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IRS990EZ/BooksInCareOfDetail/PhoneNum07132993904
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt020210 PRIM PINE CT
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CYPRESS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd077433
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt00
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0792
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt01500
IRS990EZ/DirectIndirectPltclExpendAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
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IRS990EZ/OtherChangesInNetAssetsAmt00
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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
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IRS990EZ/SubjectToProxyTaxInd00
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IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0708
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt01500
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01500
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt01500
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01500
IRS990ScheduleA/Total509Grp/TotalAmt01500
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01500
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01500
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/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MATTHEW FORCEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07132993904
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-08
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/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/ReturnTs02022-11-14T08:10:16-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MATTHEW
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0FORCEY
ReturnHeader/TaxPeriodBeginDt02021-03-11
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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Filings