Civic Intelligence

Seal Foundation

990EZ • Fiscal year 2023 • EIN 36-4751423

Jan 01, 2023 to Dec 31, 2023 • Filed on Apr 06, 2024

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

69th percentile

0.02x

Higher debt load relative to assets than 69% of similar nonprofits.

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

Liabilities / Revenue

81st percentile

0.08x

Higher debt load relative to revenue than 81% of similar nonprofits.

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

Net Margin

11th percentile

-44%

Higher net margin than 11% of similar nonprofits.

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

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.

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

Asset Growth

34th percentile

-8.1%

Faster asset growth than 34% of similar nonprofits.

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

Revenue Growth

98th percentile

607%

Faster revenue growth than 98% of similar nonprofits.

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

Assets

Down

$117,538

Down $10,429 (-8.1%) from 2022

Net Assets

Down

$115,698

Down $10,429 (-8.3%) from 2022

Liabilities

Flat

$1,840

Flat from 2022

Revenue

Up

$23,616

Up $20,278 (+607%) from 2022

Expenses

Up

$34,045

Up $32,476 (+2070%) from 2022

Net Income

Down

-$10,429

Down $12,198 (-690%) from 2022

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

2023

Assets$117,538
Liabilities$1,840
Net Assets$115,698

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

2023

Revenue$23,616
Expenses$34,045
Net Income-$10,429
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Apr 6, 2024
Return Version
2023v5.1
Gross Receipts
$23,616
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
FUNDS USED TO PROVIDE CHARITY AND COMMUNITY SERVICES THAT ARE ENGNGED IN ASSISTING CHILDREN AND THIER FAMILIES WHO NEED SPECIAL ATTENTION AND HELP ON WELFARE AND HEALTH.-$29,000
DONATIONS TO CHARITABLE ORGANIZATIONS HELPING IN THE MAUI WILD FIRES OF 2023-$4,000
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
2024-04-06
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

List of grants and similar amounts paid Part I line 10

Activity SCHOLARSHIPS Grantee VARIOUS Relationship INIDIVIDUALS Amount 29,000

Description of other expenses Part I line 16

Description AmountPAYPAL FEES 45DONATIONS TO 501C3s 4,000

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 Appendix141 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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ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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