Civic Intelligence

Seacamp Association Inc.

990 • Fiscal year 2014 • EIN 59-1144011

Oct 01, 2013 to Sep 30, 2014 • Filed on Mar 16, 2015

1300 Big Pine Avenue33034

(305) 872-2331

Siviq Scores

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

Liabilities / Assets

27th percentile

0.04x

Higher debt load relative to assets than 27% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Liabilities / Revenue

32nd percentile

0.09x

Higher debt load relative to revenue than 32% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Net Margin

62nd percentile

6.9%

Higher net margin than 62% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Top Officer Pay

68th percentile

$164,650

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 5.2% of source-year revenue.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Asset Growth

57th percentile

4.7%

Faster asset growth than 57% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

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

Source year 2014

Assets

Up

$6,526,872

Up $293,099 (+4.7%) from 2013

Net Assets

Up

$6,249,053

Up $216,127 (+3.6%) from 2013

Liabilities

Up

$277,819

Up $76,972 (+38%) from 2013

Revenue

$3,155,250

No earlier filing loaded for comparison.

Expenses

Down

$2,938,807

Down $32,373 (-1.1%) from 2013

Net Income

$216,443

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.

$8.0M$6.0M$4.0M$2.0M$0Assets 2012: $6,185,634Liabilities 2012: $388,126Net Assets 2012: $5,797,5082012Assets 2013: $6,233,773Liabilities 2013: $200,847Net Assets 2013: $6,032,9262013Assets 2014: $6,526,872Liabilities 2014: $277,819Net Assets 2014: $6,249,0532014Assets 2015: $6,099,502Liabilities 2015: $164,380Net Assets 2015: $5,935,1222015Assets 2016: $6,217,929Liabilities 2016: $106,052Net Assets 2016: $6,111,8772016Assets 2017: $5,645,296Liabilities 2017: $105,068Net Assets 2017: $5,540,2282017Assets 2018: $6,347,988Liabilities 2018: $241,580Net Assets 2018: $6,106,4082018Assets 2019: $7,381,995Liabilities 2019: $61,534Net Assets 2019: $7,320,4612019Assets 2020: $5,405,905Liabilities 2020: $938,276Net Assets 2020: $4,467,6292020Assets 2021: $5,408,638Liabilities 2021: $1,398,021Net Assets 2021: $4,010,6172021Assets 2022: $5,463,041Liabilities 2022: $1,322,990Net Assets 2022: $4,140,0512022Assets 2023: $5,640,509Liabilities 2023: $233,598Net Assets 2023: $5,406,9112023Assets 2024: $5,621,053Liabilities 2024: $219,784Net Assets 2024: $5,401,2692024

Highlighted filing

2014

Assets$6,526,872
Liabilities$277,819
Net Assets$6,249,053

Operations Trend

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

$4.0M$2.0M$0-$2.0MExpenses 2012: $3,090,9572012Expenses 2013: $2,971,1802013Revenue 2014: $3,155,250Expenses 2014: $2,938,807Net Income 2014: $216,4432014Revenue 2015: $2,887,357Expenses 2015: $3,106,359Net Income 2015: -$219,0022015Revenue 2016: $2,807,707Expenses 2016: $2,638,227Net Income 2016: $169,4802016Revenue 2017: $2,520,818Expenses 2017: $3,099,590Net Income 2017: -$578,7722017Revenue 2018: $3,898,521Expenses 2018: $3,226,426Net Income 2018: $672,0952018Revenue 2019: $3,312,528Expenses 2019: $2,110,449Net Income 2019: $1,202,0792019Revenue 2020: $506,635Expenses 2020: $1,350,167Net Income 2020: -$843,5322020Revenue 2021: $1,196,027Expenses 2021: $1,433,649Net Income 2021: -$237,6222021Revenue 2022: $1,714,971Expenses 2022: $1,480,548Net Income 2022: $234,4232022Revenue 2023: $1,800,937Expenses 2023: $2,154,805Net Income 2023: -$353,8682023Revenue 2024: $2,419,602Expenses 2024: $1,979,423Net Income 2024: $440,1792024

Highlighted filing

2014

Revenue$3,155,250
Expenses$2,938,807
Net Income$216,443
Jump To
Filing Snapshot
Filing Period
Oct 1, 2013 to Sep 30, 2014
Signed
Mar 16, 2015
Return Version
2013v4.0
Gross Receipts
$3,214,940
Mission and Program Overview

Mission

Seacamp association, inc. Is dedicated to marine science education. The organization's primary mission is to create awareness of the complex and fragile marine world and to foster critical thinking and informed decision making about man's use of natural resources.

Marine environment education

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,738,341$2,718,950▼ $19,391
Investments in Publicly Traded Securities$1,516,198$1,538,084▲ $21,886
Cash and Non-Interest-Bearing Accounts$721,090$812,211▲ $91,121
Prepaid Expenses and Deferred Charges$199,862$196,657▼ $3,205
Inventories for Sale or Use$129,715$135,818▲ $6,103
Investments Other Securities$100,000$100,000→ $0
Loans From Officers Directors$108,490$31,139▼ $77,351
Accounts Receivable$16,288$29,005▲ $12,717
Total Assets$6,233,773$6,526,872▲ $293,099
Other Assets Total$812,279$996,147▲ $183,868
Liabilities
Deferred Revenue$33,900$157,095▲ $123,195
Accounts Payable and Accrued Expenses$58,457$53,476▼ $4,981
Unsecured Notes Loans Payable-$36,109-
Total Liabilities$200,847$277,819▲ $76,972
Net Assets / Fund Balance
Unrestricted Net Assets$6,032,926$6,249,053▲ $216,127
Total Net Assets Fund Balance$6,032,926$6,249,053▲ $216,127
Total Liabilities and Net Assets / Fund Balance$6,233,773$6,526,872▲ $293,099

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,366,989$1,417,937$2,784,926
Equipment$244,248$2,426,710$2,670,958
Land$1,107,713-$1,107,713
Other Assets Org$991,648--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Grace L UpshawDirectorFT$164,650$164,650

Board Members and Trustees

NameTitle
Barrett Johnson EsqVice President
Clark WeeksDirector
Doug Harris PhdDirector
Guy DunanDirector
Robert BeechDirector
Allan Milledge EsqSecretary/treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Classic CaterersFood Services-$154,255
Cafe ServicesFood Services-$115,735
Revenue and Support

Revenue Composition

Contributions and Grants
$75,344
Program Service Revenue
$2,999,618
Investment Income
$22,502
Other Revenue
$57,786
All Other Contributions
$75,344
Change in Net Assets
$216,443
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,669,849
Salaries, Compensation, and Employee Benefits$1,268,958
Total Fundraising Expense$39,684
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$960,935$135,661$33,915$1,130,511
Insurance$329,238$36,582-$365,820
All Other Expenses$190,983$28,102$1,615$220,700
Occupancy$176,174$9,272-$185,446
Current Officers, Directors, Trustees, and Key Employees$139,953$19,758$4,940$164,651
Depreciation Depletion$134,600$7,084-$141,684
Payroll Taxes$70,370$9,935$2,484$82,789
Other Expenses$73,632$2,836-$76,468
Travel$39,079$2,057-$41,136
Fees for Services Accounting-$23,049-$23,049
Interest-$5,821-$5,821
Pension Plan Contributions$-92,644$-13,079$-3,270$-108,993
Total Functional Expenses$2,628,408$270,715$39,684$2,938,807
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$108,490$31,139▼ $77,351
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

The 990 is reviewed by the executive director as well as certain members of the board.

Form 990, Part VI, Section B, Line 15

The compensation of key management personnel is determined by utilizing a number of inputs. These inputs include a review of the individuals job performance, a review of independent salary surveys in the not-for-profit sector, a review and submission of the budgeted amount to a budget review committee for approval and a comparison for similar salary positions at other organizations.

Form 990, Part VI, Section C, Line 19

They are made available upon request.

Filing and Contact Details

Filer

EIN
59-1144011
Phone
3058722331

Signing Officer

Name
Grace L Upshaw
Title
Director
Phone
3058722331
Signed
2015-03-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Grace L Upshaw
Formed
1966
Legal Domicile
Fl
Voting Board Members
7
Independent Board Members
6
Employees
116
Volunteers
0

Preparer

Preparer
Rick Covert
Phone
9547609000
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

Seacamp is registered with the internal revenue service as a non-profit organization under internal revenue code section 501(c)(3) and, accordingly, is exempt from income taxes, except for any taxes which may arise from unrelated business income. Accordingly, no provision for income taxes has been recorded. Seacamp recognizes and measures tax positions based on their technical merit and assesses the likelihood that the positions will be sustained upon examination based on the facts, circumstances and information available at the end of each period. Interest and penalties on tax liabilities, if any, would be recorded in interest expense and other non-interest expense, respectively. The u.s. Federal jurisdiction is the major tax jurisdiction where seacamp files informational tax returns. Seacamp is generally no longer subject to u.s. Federal examinations by tax authorities for years before 2011.

Raw XML AppendixShowing 400 of 491 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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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0SEACAMP IS REGISTERED WITH THE INTERNAL REVENUE SERVICE AS A NON-PROFIT ORGANIZATION UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND, ACCORDINGLY, IS EXEMPT FROM INCOME TAXES, EXCEPT FOR ANY TAXES WHICH MAY ARISE FROM UNRELATED BUSINESS INCOME. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED. SEACAMP RECOGNIZES AND MEASURES TAX POSITIONS BASED ON THEIR TECHNICAL MERIT AND ASSESSES THE LIKELIHOOD THAT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BASED ON THE FACTS, CIRCUMSTANCES AND INFORMATION AVAILABLE AT THE END OF EACH PERIOD. INTEREST AND PENALTIES ON TAX LIABILITIES, IF ANY, WOULD BE RECORDED IN INTEREST EXPENSE AND OTHER NON-INTEREST EXPENSE, RESPECTIVELY. THE U.S. FEDERAL JURISDICTION IS THE MAJOR TAX JURISDICTION WHERE SEACAMP FILES INFORMATIONAL TAX RETURNS. SEACAMP IS GENERALLY NO LONGER SUBJECT TO U.S. FEDERAL EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2011.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleJ/AnyNonFixedPaymentsInd00
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IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
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IRS990ScheduleJ/SeverancePaymentInd00
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IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenPolicyRefTAndEExpnssInd01
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine10CAROLINE CHILDS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine11IRENE HOOPER
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.62$0.22$5.40$2.42$1.98$0.44
2023Detailed filing. Detailed filing data is available for this year.$5.64$0.23$5.41$1.80$2.15$0.35
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.46$1.32$4.14$1.71$1.48$0.23
2021Detailed filing. Detailed filing data is available for this year.$5.41$1.40$4.01$1.20$1.43$0.24
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.41$0.94$4.47$0.51$1.35$0.84
2019Detailed filing. Detailed filing data is available for this year.$7.38$0.06$7.32$3.31$2.11$1.20
2018Detailed filing. Detailed filing data is available for this year.$6.35$0.24$6.11$3.90$3.23$0.67
2017Detailed filing. Detailed filing data is available for this year.$5.65$0.11$5.54$2.52$3.10$0.58
2016Detailed filing. Detailed filing data is available for this year.$6.22$0.11$6.11$2.81$2.64$0.17
2015Detailed filing. Detailed filing data is available for this year.$6.10$0.16$5.94$2.89$3.11$0.22
2014Detailed filing. Detailed filing data is available for this year.$6.53$0.28$6.25$3.16$2.94$0.22
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.23$0.20$6.03$2.97
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.19$0.39$5.80$3.09