Civic Intelligence

Seal Foundation

990EZ • Fiscal year 2022 • EIN 36-4751423

Jan 01, 2022 to Dec 31, 2022 • Filed on May 03, 2023

28241 Crown Valley Pkwy Ste F625Laguna Niguel, CA 92677

(650) 685-8768

Siviq Scores

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

Liabilities / Assets

67th percentile

0.01x

Higher debt load relative to assets than 67% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

92nd percentile

0.55x

Higher debt load relative to revenue than 92% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

90th percentile

53%

Higher net margin than 90% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

39th percentile

-4.0%

Faster asset growth than 39% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2022

Revenue Growth

5th percentile

-81%

Faster revenue growth than 5% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2022

Assets

Down

$127,967

Down $10,961 (-7.9%) from 2020

Net Assets

Down

$126,127

Down $10,961 (-8.0%) from 2020

Liabilities

Flat

$1,840

Flat from 2020

Revenue

Down

$3,338

Down $92,186 (-97%) from 2020

Expenses

Down

$1,569

Down $89,031 (-98%) from 2020

Net Income

Down

$1,769

Down $3,155 (-64%) from 2020

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2015: $8,850Liabilities 2015: $720Net Assets 2015: $8,1302015Assets 2016: $29,713Liabilities 2016: $1,839Net Assets 2016: $27,8742016Assets 2017: $76,861Liabilities 2017: $1,839Net Assets 2017: $75,0222017Assets 2018: $123,883Liabilities 2018: $1,839Net Assets 2018: $122,0442018Assets 2019: $134,003Liabilities 2019: $1,839Net Assets 2019: $132,1642019Assets 2020: $138,928Liabilities 2020: $1,840Net Assets 2020: $137,0882020Assets 2022: $127,967Liabilities 2022: $1,840Net Assets 2022: $126,1272022Assets 2023: $117,538Liabilities 2023: $1,840Net Assets 2023: $115,6982023Assets 2024: $110,275Liabilities 2024: $1,840Net Assets 2024: $108,4352024

Highlighted filing

2022

Assets$127,967
Liabilities$1,840
Net Assets$126,127

Operations Trend

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

$100K$50K$0-$50KRevenue 2015: $28,440Expenses 2015: $20,560Net Income 2015: $7,8802015Revenue 2016: $46,765Expenses 2016: $27,021Net Income 2016: $19,7442016Revenue 2017: $81,803Expenses 2017: $34,655Net Income 2017: $47,1482017Revenue 2018: $66,357Expenses 2018: $19,335Net Income 2018: $47,0222018Revenue 2019: $28,879Expenses 2019: $18,759Net Income 2019: $10,1202019Revenue 2020: $95,524Expenses 2020: $90,600Net Income 2020: $4,9242020Revenue 2022: $3,338Expenses 2022: $1,569Net Income 2022: $1,7692022Revenue 2023: $23,616Expenses 2023: $34,045Net Income 2023: -$10,4292023Revenue 2024: $13,394Expenses 2024: $20,657Net Income 2024: -$7,2632024

Highlighted filing

2022

Revenue$3,338
Expenses$1,569
Net Income$1,769
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 3, 2023
Return Version
2022v5.0
Gross Receipts
$3,338
Mission and Program Overview

Mission

Organize and operate exclusively for purposes of charity and community services engaged in assisting children and their families who need special attention and help on welfare, health, education, and dignity of life throughout diversified and mixed culture communities.

SEE SCHEDULE O

Program Services

DescriptionGrantsExpenses
NO DONATIONS OR GRANTS/SCHOLARSHIPS MADE IN 2022--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
REX WUCFOPT$0--
Filing and Contact Details

Filer

Filer Name
Seal Foundation
EIN
36-4751423
Address
28241 CROWN VALLEY PKWY STE F625, Laguna Niguel, CA 92677

Signing Officer

Name
Rex Wu
Title
CFO
Phone
2403667168
Signed
2023-05-03
Discuss with paid preparer
Yes

Preparer

Firm
Cornerstone Accounting Solutions
Address
174 KLEE MILL ROAD, Sykesville, MD 21784
Preparer
Nicholas Krop
Phone
4433286609
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

Description AmountBANK FEES 145REFUND 129

Description of total liabilities Part II line 26

Category Beginning of Year End of YearPayable to Officers, Directors 1,840 1,840

Personal benefit contract statement Part V

Form 990-EZ, Part V - Regarding Transfers Associated with Personal Benefit Contracts(a) Did the organization, during the year, receive any funds, directly orindirectly, to pay premiums on a personal benefit contract? No(b) Did the organization, during the year, pay premiums, directly orindirectly, on a personal benefit contract? No

Part III response or note to any other line in Part III

Form 990-EZ, Part III - Organizations Primary Exempt PurposeOrganize and operate exclusively for purposes of charity and community servicesengaged in assisting children and their families who need special attention andhelp on welfare, health, education, and dignity of life throughout diversified andmixed culture communities.

Raw XML Appendix132 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/ProhibitedTaxShelterTransInd0false
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part III response or note to any other line in Part III
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ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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Filings