Civic Intelligence

Friends of Seabrook Community

EIN 81-2784942 • 501(c)3 • Seabrook, NH

Profile

Friends of seabrook community (f.o.s.c.)'s mission is to encourage, support, enhance, assist, and develop accessible, safe, and enjoyable recreational facilities and opportunities for the citizens and visitors of the town of seabrook, new hampshire.

PO Box 2901Seabrook, NH 03874

www.friendsofseabrookcommunity.com

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.02x

Higher debt load relative to assets than 53% of similar nonprofits.

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

Liabilities / Revenue

43rd percentile

0.01x

Higher debt load relative to revenue than 43% of similar nonprofits.

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

Net Margin

59th percentile

9.1%

Higher net margin than 59% of similar nonprofits.

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

Top Officer Pay

83rd percentile

$90,165

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 16.0% of source-year revenue.

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

Asset Growth

87th percentile

45%

Faster asset growth than 87% of similar nonprofits.

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

Revenue Growth

50th percentile

6.6%

Faster revenue growth than 50% of similar nonprofits.

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

Assets

Up

$130,659

Up $40,364 (+45%) from 2023

Liabilities

Down

$3,022

Down $60 (-1.9%) from 2023

Net Assets

Up

$127,637

Up $40,424 (+46%) from 2023

Revenue

Up

$564,240

Up $35,147 (+6.6%) from 2023

Expenses

Up

$512,927

Up $922 (+0.2%) from 2023

Net Income

Up

$51,313

Up $34,225 (+200%) from 2023

Trend Graphs

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2021: $38,768Liabilities 2021: $5,679Net Assets 2021: $33,0892021Assets 2022: $88,559Liabilities 2022: $18,620Net Assets 2022: $69,9392022Assets 2023: $90,295Liabilities 2023: $3,082Net Assets 2023: $87,2132023Assets 2024: $130,659Liabilities 2024: $3,022Net Assets 2024: $127,6372024

Highlighted filing

2024

Assets$130,659
Liabilities$3,022
Net Assets$127,637

Operations Trend

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

$600K$400K$200K$0Revenue 2021: $238,229Expenses 2021: $208,822Net Income 2021: $29,4072021Revenue 2022: $515,160Expenses 2022: $494,114Net Income 2022: $21,0462022Revenue 2023: $529,093Expenses 2023: $512,005Net Income 2023: $17,0882023Revenue 2024: $564,240Expenses 2024: $512,927Net Income 2024: $51,3132024

Highlighted filing

2024

Revenue$564,240
Expenses$512,927
Net Income$51,313

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Feb 22, 2025
Return Version
2024v5.0
Gross Receipts
$564,240
Mission and Program Overview

Mission

Friends of seabrook community (f.o.s.c.)'s mission is to encourage, support, enhance, assist, and develop accessible, safe, and enjoyable recreational facilities and opportunities for the citizens and visitors of the town of seabrook, new hampshire.

To build and create safe and fun environments that all ages can enjoy in the town of the seabrook.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$87,213$127,637▲ $40,424
Cash and Non-Interest-Bearing Accounts$43,327$103,993▲ $60,666
Land, Buildings, and Equipment, Net$46,968$26,666▼ $20,302
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$90,295$130,659▲ $40,364
Liabilities
Accounts Payable and Accrued Expenses$3,082$3,022▼ $60
Total Liabilities$3,082$3,022▼ $60
Net Assets / Fund Balance
Total Net Assets Fund Balance$87,213$127,637▲ $40,424
Total Liabilities and Net Assets / Fund Balance$90,295$130,659▲ $40,364

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$23,979$19,619$43,598
Other Land Buildings$2,687$683$3,370
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Forrest E Carter JrExecutive Director of ProgFT$79,424$10,741$90,165

Board Members and Trustees

NameTitle
Jill GordonChair
Barbara SheaBoard Member
Marcella DowBoard Member
Melanie EatonBoard Member
Ashton AlmeidaBoard Member (left in 2024)
Judith ReinholdBoard Member (left in 2024)
Tawnya HazellBoard Member (left in 2024)
Owen Carter-duffyTreasurer/secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$405,023
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$159,217
All Other Contributions
$25,500
Change in Net Assets
$51,313
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$331,448
Other Expenses$181,479
Total Fundraising Expense$833
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$177,627$31,346-$208,973
Current Officers, Directors, Trustees, and Key Employees$76,641$13,525-$90,166
Payroll Taxes$23,223$4,098-$27,321
Fees for Services Other$19,930$3,517-$23,447
Insurance-$15,834-$15,834
Travel$8,446$1,490-$9,936
Depreciation Depletion-$9,201-$9,201
Office Expenses$5,757$1,016-$6,773
Other Employee Benefits$4,240$748-$4,988
Information Technology$4,164$735-$4,899
Fees for Services Accounting-$1,900-$1,900
Interest-$1,605-$1,605
Conferences and Meetings$1,282$226-$1,508
Advertising--$833$833
All Other Expenses-$201-$201
Other Expenses$105,183$159-$159
Total Functional Expenses$426,493$85,601$833$512,927
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$159,217
Gaming Direct Expenses$0
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
Annual disclosure for covered persons
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Forrest e. Carter, jr. And owen carter-duffy have a family relationship.

Form 990, Part VI, Section B, Line 11B

The return is prepared by an outside accounting firm, and reviewed by the executive director. The return is distributed to the entire board prior to filing with the irs.

Form 990, Part VI, Section B, Line 12C

Any conflict of interest on the part of any officer, director, or employee of the organization, shall be disclosed in writing to the organization and made a matter of record through an annual procedure and when the interest involves a specific issue before the organization. Every new officer or director will be advised of this policy upon entering the duties of their office and shall sign a statement acknowledging understanding and agreement to the conflict of interest policy. In addition, the officers and directors must comply with all requirements of new hampshire law in this area, and the new hampshire requirements are incorporated into and made part of this policy statement.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Friends of Seabrook Community
EIN
81-2784942
Phone
6039971909
Address
PO BOX 2901, SEABROOK, NH 03874

Signing Officer

Name
Forrest E Carter Jr
Title
Executive Director of Programs
Phone
6039971909
Signed
2025-02-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Forrest E Carter Jr
Formed
2016
Legal Domicile
Nh
Voting Board Members
6
Independent Board Members
5
Employees
46
Volunteers
58

Preparer

Firm
Trimnerbeckham Pllc
Address
1750 TYSONS BLVD SUITE 1500, MCLEAN, VA 22102
Preparer
David Trimner
Phone
7036631756
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 1:

The organization uses modified cash basis accounting to allow the organization records long-term assets and liabilities according to the matching principle.

FORM 990, PART XII, LINE 3B:

The organization will undergo the required audit for the year ended december 31, 2022, but the audit will not be complete before the filing of this return.

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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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IRS990/Desc0FRIENDS OF SEABROOK COMMUNITY HAS WORKED ON MANY PROJECTS THAT HAVE HELPED REDEFINE RECREATIONAL SPACES TO CREATE A FUN AND SAFE PLACE TO ENGAGE AND CREATE THOSE HEARTWARMING MEMORIES. SOME BIG PROJECTS THAT F.O.S.C. HAS CREATED ARE PLAYGROUNDS, BALL PITS, BASKETBALL COURTS, A COMMUNITY ICE SKATING RINK, AND A VETERANS MEMORIAL PARK SIGN AND PLAYGROUND. THE ORGANIZATION IS DESIGNING AND DEVELOPING A NEW 18-ACRE PARK INCLUDING TRAILS AND EXERCISE EQUIPMENT. IN ADDITION, THE ORGANIZATION HAS OFFERED INCREASED AFTER-SCHOOL PROGRAMMING FOR SCHOOL-AGE YOUTH IN SEABROOK, NH.IN 2021, F.O.S.C. RECEIVED A 21ST CENTURY COMMUNITY LEARNING CENTER (21ST CCLC) GRANT TO PROVIDE EXTENDED DAY PROGRAMMING FOR YOUTH AND THEIR FAMILIES.
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01522828
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.82380
IRS990ScheduleA/PublicSupportPY170Pct00.87040
IRS990ScheduleA/PublicSupportTotal170Amt01522828
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0405023
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0428256
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0449460
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0238229
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01860
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01522828
IRS990ScheduleA/TotalSupportAmt01848582
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt0159217
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt0100837
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt065700
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt0325754
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/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt023979
IRS990ScheduleD/EquipmentGrp/DepreciationAmt019619
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt043598
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02687
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0683
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt03370
IRS990ScheduleD/TotalBookValueLandBuildingsAmt026666
IRS990ScheduleG/CharitableDistributionRqrInd01
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd01
IRS990ScheduleG/GamingInformationGrp/GrossRevenueOtherGamingAmt0159217
IRS990ScheduleG/GamingInformationGrp/GrossRevenueTotalGamingAmt0159217
IRS990ScheduleG/GamingInformationGrp/NetGamingIncomeSummaryAmt0159217
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborOtherGamingInd01
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborOtherGamingPct01.00000
IRS990ScheduleG/GamingManagerBusinessName/BusinessNameLine1Txt0RMH NH LLC
IRS990ScheduleG/GamingManagerCompensationAmt0295689
IRS990ScheduleG/GamingManagerIsIndCntrctInd0X
IRS990ScheduleG/GamingManagerServicesProvTxt0RMH NH, LLC SERVED AS THE GAME OPERATOR TO CONDUCT GAMES OF CHANCE ON BEHALF OF THE ORGANIZATION.
IRS990ScheduleG/GamingOtherFacilityPct01.00000
IRS990ScheduleG/GamingRevenueReceivedByOrgAmt0159217
IRS990ScheduleG/GamingRevenueRtnBy3PrtyAmt0295689
IRS990ScheduleG/GamingWithNonmembersInd01
IRS990ScheduleG/IndividualWithBooksNm0FORREST E CARTER JR
IRS990ScheduleG/LicensedInd01
IRS990ScheduleG/LicenseSuspendedEtcInd00
IRS990ScheduleG/MemberOfOtherEntityInd00
IRS990ScheduleG/PersonsWithBooksUSAddress/AddressLine1Txt0PO BOX 2901
IRS990ScheduleG/PersonsWithBooksUSAddress/CityNm0SEABROOK
IRS990ScheduleG/PersonsWithBooksUSAddress/StateAbbreviationCd0NH
IRS990ScheduleG/PersonsWithBooksUSAddress/ZIPCd003874
IRS990ScheduleG/StatesWhereGamingConductedCd0NH
IRS990ScheduleG/ThirdPartyBusinessName/BusinessNameLine1Txt0RMH NH LLC
IRS990ScheduleG/ThirdPartyUSAddress/AddressLine1Txt0319 NEW ZEALAND ROAD
IRS990ScheduleG/ThirdPartyUSAddress/CityNm0SEABROOK
IRS990ScheduleG/ThirdPartyUSAddress/StateAbbreviationCd0NH
IRS990ScheduleG/ThirdPartyUSAddress/ZIPCd003874
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORREST E. CARTER, JR. AND OWEN CARTER-DUFFY HAVE A FAMILY RELATIONSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE RETURN IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM, AND REVIEWED BY THE EXECUTIVE DIRECTOR. THE RETURN IS DISTRIBUTED TO THE ENTIRE BOARD PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANY CONFLICT OF INTEREST ON THE PART OF ANY OFFICER, DIRECTOR, OR EMPLOYEE OF THE ORGANIZATION, SHALL BE DISCLOSED IN WRITING TO THE ORGANIZATION AND MADE A MATTER OF RECORD THROUGH AN ANNUAL PROCEDURE AND WHEN THE INTEREST INVOLVES A SPECIFIC ISSUE BEFORE THE ORGANIZATION. EVERY NEW OFFICER OR DIRECTOR WILL BE ADVISED OF THIS POLICY UPON ENTERING THE DUTIES OF THEIR OFFICE AND SHALL SIGN A STATEMENT ACKNOWLEDGING UNDERSTANDING AND AGREEMENT TO THE CONFLICT OF INTEREST POLICY. IN ADDITION, THE OFFICERS AND DIRECTORS MUST COMPLY WITH ALL REQUIREMENTS OF NEW HAMPSHIRE LAW IN THIS AREA, AND THE NEW HAMPSHIRE REQUIREMENTS ARE INCORPORATED INTO AND MADE PART OF THIS POLICY STATEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION USES MODIFIED CASH BASIS ACCOUNTING TO ALLOW THE ORGANIZATION RECORDS LONG-TERM ASSETS AND LIABILITIES ACCORDING TO THE MATCHING PRINCIPLE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION WILL UNDERGO THE REQUIRED AUDIT FOR THE YEAR ENDED DECEMBER 31, 2022, BUT THE AUDIT WILL NOT BE COMPLETE BEFORE THE FILING OF THIS RETURN.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 1:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 3B:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt090295
IRS990/TotalAssetsEOYAmt0130659
IRS990/TotalAssetsGrp/BOYAmt090295
IRS990/TotalAssetsGrp/EOYAmt0130659
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0405023
IRS990/TotalEmployeeCnt046
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0833
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt085601
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0426493
IRS990/TotalFunctionalExpensesGrp/TotalAmt0512927
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03082
IRS990/TotalLiabilitiesEOYAmt03022
IRS990/TotalLiabilitiesGrp/BOYAmt03082
IRS990/TotalLiabilitiesGrp/EOYAmt03022
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt087213
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0127637
IRS990/TotalOtherCompensationAmt010741
IRS990/TotalProgramServiceExpensesAmt0426493
IRS990/TotalReportableCompFromOrgAmt079424
IRS990/TotalRevenueGrp/ExclusionAmt0159217
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0564240
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt058
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt090295
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0130659
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt01490
IRS990/TravelGrp/ProgramServicesAmt08446
IRS990/TravelGrp/TotalAmt09936
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 2901
IRS990/USAddress/CityNm0SEABROOK
IRS990/USAddress/StateAbbreviationCd0NH
IRS990/USAddress/ZIPCd003874
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.FRIENDSOFSEABROOKCOMMUNITY.COM
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0FORREST E CARTER JR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR OF PROGRAMS
ReturnHeader/BusinessOfficerGrp/PhoneNum06039971909
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-02-22

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