Civic Intelligence

Seaquist House Foundation Inc.

EIN 47-1427841 • 501(c)3 • Mason, TX

Pub. 78 Eligible

Profile

To preserve and restore the seaquist house, a unique 19th century hill country landmark and to re-open it for public tours, events, and other activities for the benefit of the local community.

PO Box 1496Mason, TX 76856

www.seaquist.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

33rd percentile

0.00x

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

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

35th percentile

0.00x

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

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

95th percentile

71%

Higher net margin than 95% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

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

501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

74th percentile

18%

Faster asset growth than 74% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

95th percentile

191%

Faster revenue growth than 95% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Up

$544,033

Up $81,655 (+18%) from 2023

Liabilities

Down

$0

Down $3,000 (-100%) from 2023

Net Assets

Up

$544,033

Up $84,655 (+18%) from 2023

Revenue

Up

$116,528

Up $76,491 (+191%) from 2023

Expenses

Down

$33,354

Down $21,514 (-39%) from 2023

Net Income

Up

$83,174

Up $98,005 (+661%) from 2023

Trend Graphs

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2014: $97,199Liabilities 2014: $0Net Assets 2014: $97,1992014Assets 2015: $549,772Liabilities 2015: $242,500Net Assets 2015: $307,2722015Assets 2016: $475,727Liabilities 2016: $72,500Net Assets 2016: $403,2272016Assets 2017: $479,706Liabilities 2017: $0Net Assets 2017: $479,7062017Assets 2018: $519,825Liabilities 2018: $0Net Assets 2018: $519,8252018Assets 2019: $448,176Liabilities 2019: $0Net Assets 2019: $448,1762019Assets 2020: $566,338Liabilities 2020: $0Net Assets 2020: $566,3382020Assets 2021: $509,061Liabilities 2021: $0Net Assets 2021: $509,0612021Assets 2022: $474,209Liabilities 2022: $0Net Assets 2022: $474,2092022Assets 2023: $462,378Liabilities 2023: $3,000Net Assets 2023: $459,3782023Assets 2024: $544,033Liabilities 2024: $0Net Assets 2024: $544,0332024

Highlighted filing

2024

Assets$544,033
Liabilities$0
Net Assets$544,033

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2014: $98,564Expenses 2014: $1,365Net Income 2014: $97,1992014Revenue 2015: $251,703Expenses 2015: $41,632Net Income 2015: $210,0712015Revenue 2016: $140,341Expenses 2016: $44,383Net Income 2016: $95,9582016Revenue 2017: $153,206Expenses 2017: $76,727Net Income 2017: $76,4792017Revenue 2018: $87,582Expenses 2018: $47,464Net Income 2018: $40,1182018Revenue 2019: $95,997Expenses 2019: $167,643Net Income 2019: -$71,6462019Revenue 2020: $113,236Expenses 2020: $45,709Net Income 2020: $67,5272020Revenue 2021: $123,390Expenses 2021: $180,667Net Income 2021: -$57,2772021Revenue 2022: $39,028Expenses 2022: $73,880Net Income 2022: -$34,8522022Revenue 2023: $40,037Expenses 2023: $54,868Net Income 2023: -$14,8312023Revenue 2024: $116,528Expenses 2024: $33,354Net Income 2024: $83,1742024

Highlighted filing

2024

Revenue$116,528
Expenses$33,354
Net Income$83,174

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 8, 2025
Return Version
2024v5.1
Gross Receipts
$121,343
Mission and Program Overview

Mission

To preserve and restore the seaquist house, a unique 19th century hill country landmark and to re-open it for public tours, events, and other activities for the benefit of the local community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$459,378$544,033▲ $84,655
Land, Buildings, and Equipment, Net$450,000$450,000→ $0
Savings and Temporary Cash Investments-$62,594-
Cash and Non-Interest-Bearing Accounts$11,978$31,039▲ $19,061
Prepaid Expenses and Deferred Charges$400$400→ $0
Total Assets$462,378$544,033▲ $81,655
Liabilities
Unsecured Notes Loans Payable$3,000$0▼ $3,000
Total Liabilities$3,000$0▼ $3,000
Net Assets / Fund Balance
Total Net Assets Fund Balance$459,378$544,033▲ $84,655
Total Liabilities and Net Assets / Fund Balance$462,378$544,033▲ $81,655

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$400,000--
Land$50,000--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jerry BeardenPresident
Nonie StringerVice President
Brent HinckleyAdvisory Board
Lee McmillanAdvisory Board
Pat DixonAdvisory Board
Paul BranchAdvisory Board
Thom CanfieldAdvisory Board
Jane TitusDirector
Jd KidwellDirector
Kathleen HardinDirector
Jan ApplebyTour Director
Laura TallentSecretary
Gerald GamelTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$62,564
Program Service Revenue
$13,977
Investment Income
$92
Other Revenue
$39,895
All Other Contributions
$62,564
Change in Net Assets
$83,174
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$33,354
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$0$13,961$0$13,961
Insurance$0$5,883$0$5,883
All Other Expenses$0$1,144$0$1,144
Fees for Services Accounting$0$1,024$0$1,024
Advertising$0$500$0$500
Office Expenses$0$302$0$302
Other Expenses$0$175$0$175
Total Functional Expenses$8,952$24,402$0$33,354
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$42,864
Fundraising Direct Expenses$4,815
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Seaquist House Foundation Inc
EIN
47-1427841
Phone
3253474058
Address
PO BOX 1496, MASON, TX 76856

Signing Officer

Name
Gerald Gamel
Title
Treasurer
Phone
3253474058
Signed
2025-05-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gerald Gamel
Formed
2014
Legal Domicile
TX
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
25

Preparer

Firm
Lindell L Estes CPA
Address
PO BOX 516 237 MOODY STREET, Mason, TX 76856
Preparer
Lindell L Estes
Phone
3253476631
Supplemental Narrative

Additional Explanations

Pt VI, Line 8B

Committees are informal and do not require minutes or documentation. Any actions taken by a committee are documented at regular board meetings and reported in the board minutes.

Pt VI, Line 11B

The president receives and reviews the form 990 and makes it available to all board members before form 990 is timely filed.

Pt VI, Line 19

Documents are available to the public upon request. Any private information that is not appropriate for the public is either not provided or blacked out. The organization does not put itself in any conflict of interest situations.

Pt VI, Line 10B

There are no material differences in voting rights among members of the governing body.

Pt XI

Paid off the mason bank loan and timing differences

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IRS990/ProgSrvcAccomActy2Grp/Desc0LANDSCAPING PROJECT INCLUDING BUT NOT LIMITED TO PLANTING TREES, LAYING NEW SOD (BERMUDA GRASS), SPRINKLER SYSTEM, ROCK WORK, BUSHES, PLANTS, MULCH, ETC.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt08952
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProgSrvcAccomActy3Grp/Desc0CONTINUED EVERYDAY FACILITY MAINTENANCE
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt00
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt037075
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt02
IRS990/PYOtherExpensesAmt054868
IRS990/PYOtherRevenueAmt02960
IRS990/PYRevenuesLessExpensesAmt0-14831
IRS990/PYTotalExpensesAmt054868
IRS990/PYTotalRevenueAmt040037
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt083174
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt01675
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0459378
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0544033
IRS990/SavingsAndTempCashInvstGrp/EOYAmt062594
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income Part II, Line 10 Description: FACILITY RENTAL FEES 2023: 2925. 2024: 1675. Description: MERCHANDISE SALES 2023: 35. 2024: 171. Description: VARIOUS TOURS 2024: 13977. Description: FUNDRAISING INCOME (NET) 2024: 38049.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt II Ln 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt062564
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt037075
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt039028
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0123390
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0113236
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0375293
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt092
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt02
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt094
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt053872
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt02960
IRS990ScheduleA/OtherIncome170Grp/TotalAmt056832
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.86830
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.99280
IRS990ScheduleA/PublicSupportTotal170Amt0375293
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt062564
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt037075
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt039028
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0123390
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0113236
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0375293
IRS990ScheduleA/TotalSupportAmt0432219
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0400000
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0400000
IRS990ScheduleD/LandGrp/BookValueAmt050000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt050000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0450000
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0COMMITTEES ARE INFORMAL AND DO NOT REQUIRE MINUTES OR DOCUMENTATION. ANY ACTIONS TAKEN BY A COMMITTEE ARE DOCUMENTED AT REGULAR BOARD MEETINGS AND REPORTED IN THE BOARD MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE PRESIDENT RECEIVES AND REVIEWS THE FORM 990 AND MAKES IT AVAILABLE TO ALL BOARD MEMBERS BEFORE FORM 990 IS TIMELY FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. ANY PRIVATE INFORMATION THAT IS NOT APPROPRIATE FOR THE PUBLIC IS EITHER NOT PROVIDED OR BLACKED OUT. THE ORGANIZATION DOES NOT PUT ITSELF IN ANY CONFLICT OF INTEREST SITUATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THERE ARE NO MATERIAL DIFFERENCES IN VOTING RIGHTS AMONG MEMBERS OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PAID OFF THE MASON BANK LOAN AND TIMING DIFFERENCES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 10b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt XI
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0462378
IRS990/TotalAssetsEOYAmt0544033
IRS990/TotalAssetsGrp/BOYAmt0462378
IRS990/TotalAssetsGrp/EOYAmt0544033
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt062564
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt024402
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt08952
IRS990/TotalFunctionalExpensesGrp/TotalAmt033354
IRS990/TotalGrossUBIAmt038049
IRS990/TotalLiabilitiesBOYAmt03000
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt03000
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0459378
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0544033
IRS990/TotalProgramServiceExpensesAmt08952
IRS990/TotalProgramServiceRevenueAmt013977
IRS990/TotalRevenueGrp/ExclusionAmt00

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