Civic Intelligence

Seacology

990 • Fiscal year 2020 • EIN 87-0495235

Jan 01, 2020 to Dec 31, 2020 • Filed on Sep 23, 2021

1623 Solano AvenueBerkeley, CA 94707

(510) 559-3505

Siviq Scores

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

Liabilities / Assets

17th percentile

0.01x

Higher debt load relative to assets than 17% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

17th percentile

0.03x

Higher debt load relative to revenue than 17% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

82nd percentile

29%

Higher net margin than 82% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

86th percentile

$271,755

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 8.3% of source-year revenue.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Asset Growth

76th percentile

23%

Faster asset growth than 76% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

80th percentile

25%

Faster revenue growth than 80% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Assets

Up

$9,816,635

Up $1,805,604 (+23%) from 2019

Net Assets

Up

$9,720,583

Up $1,787,276 (+23%) from 2019

Liabilities

Up

$96,052

Up $18,328 (+24%) from 2019

Revenue

Up

$3,266,402

Up $659,486 (+25%) from 2019

Expenses

Down

$2,331,008

Down $265,402 (-10%) from 2019

Net Income

Up

$935,394

Up $924,888 (+8803%) from 2019

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2011: $2,968,690Liabilities 2011: $71,446Net Assets 2011: $2,897,2442011Assets 2012: $2,896,828Liabilities 2012: $75,525Net Assets 2012: $2,821,3032012Assets 2013: $3,280,642Liabilities 2013: $122,742Net Assets 2013: $3,157,9002013Assets 2014: $3,899,706Liabilities 2014: $63,312Net Assets 2014: $3,836,3942014Assets 2015: $7,288,481Liabilities 2015: $72,105Net Assets 2015: $7,216,3762015Assets 2016: $8,117,364Liabilities 2016: $34,004Net Assets 2016: $8,083,3602016Assets 2017: $8,440,172Liabilities 2017: $79,629Net Assets 2017: $8,360,5432017Assets 2018: $7,062,811Liabilities 2018: $70,144Net Assets 2018: $6,992,6672018Assets 2019: $8,011,031Liabilities 2019: $77,724Net Assets 2019: $7,933,3072019Assets 2020: $9,816,635Liabilities 2020: $96,052Net Assets 2020: $9,720,5832020Assets 2021: $10,971,501Liabilities 2021: $143,166Net Assets 2021: $10,828,3352021Assets 2022: $10,148,588Liabilities 2022: $427,195Net Assets 2022: $9,721,3932022Assets 2023: $12,699,669Liabilities 2023: $342,637Net Assets 2023: $12,357,0322023Assets 2024: $12,559,203Liabilities 2024: $337,281Net Assets 2024: $12,221,9222024

Highlighted filing

2020

Assets$9,816,635
Liabilities$96,052
Net Assets$9,720,583

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $1,561,114Expenses 2011: $1,520,290Net Income 2011: $40,8242011Revenue 2012: $1,426,869Expenses 2012: $1,596,660Net Income 2012: -$169,7912012Revenue 2013: $1,784,331Expenses 2013: $1,492,483Net Income 2013: $291,8482013Revenue 2014: $2,433,970Expenses 2014: $1,656,772Net Income 2014: $777,1982014Revenue 2015: $5,656,024Expenses 2015: $2,097,557Net Income 2015: $3,558,4672015Revenue 2016: $3,212,004Expenses 2016: $2,361,037Net Income 2016: $850,9672016Revenue 2017: $3,089,494Expenses 2017: $2,817,397Net Income 2017: $272,0972017Revenue 2018: $2,262,258Expenses 2018: $3,082,216Net Income 2018: -$819,9582018Revenue 2019: $2,606,916Expenses 2019: $2,596,410Net Income 2019: $10,5062019Revenue 2020: $3,266,402Expenses 2020: $2,331,008Net Income 2020: $935,3942020Revenue 2021: $3,747,320Expenses 2021: $2,650,959Net Income 2021: $1,096,3612021Revenue 2022: $3,256,392Expenses 2022: $2,820,441Net Income 2022: $435,9512022Revenue 2023: $4,599,548Expenses 2023: $3,159,291Net Income 2023: $1,440,2572023Revenue 2024: $2,852,831Expenses 2024: $3,140,957Net Income 2024: -$288,1262024

Highlighted filing

2020

Revenue$3,266,402
Expenses$2,331,008
Net Income$935,394
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Sep 23, 2021
Return Version
2020v4.0
Gross Receipts
$3,881,245
Mission and Program Overview

Mission

Seacology protects the threatened species and habitats of the worlds islands by working directly with local people to both conserve their natural resources and improve their quality of life.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$6,309,014$7,359,580▲ $1,050,566
Savings and Temporary Cash Investments$462,595$1,354,646▲ $892,051
Pledges and Grants Receivable$220,660$601,927▲ $381,267
Cash and Non-Interest-Bearing Accounts$430,197$406,283▼ $23,914
Prepaid Expenses and Deferred Charges$110,740$77,214▼ $33,526
Land, Buildings, and Equipment, Net$18,002$16,985▼ $1,017
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$8,011,031$9,816,635▲ $1,805,604
Other Assets Total$459,823$0▼ $459,823
Liabilities
Accounts Payable and Accrued Expenses$77,724$96,052▲ $18,328
Total Liabilities$77,724$96,052▲ $18,328
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,975,889$8,130,455▲ $1,154,566
Net Assets With Donor Restrictions$957,418$1,590,128▲ $632,710
Total Net Assets Fund Balance$7,933,307$9,720,583▲ $1,787,276
Total Liabilities and Net Assets / Fund Balance$8,011,031$9,816,635▲ $1,805,604

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$16,985$7,474$24,459
Leasehold Improvements-$20,782$20,782
Equipment-$12,524$12,524

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$3,433,143-▲ $582,617-$3,907,092
2019$2,931,246-▲ $614,922-$3,433,143
2018$3,218,417$57,926▼ $234,803-$2,931,246
2017$1,128,405$1,887,578▲ $310,597-$3,218,417
2016$473,953$700,000▲ $54,452-$1,128,405
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Duane SilversteinExecutive DirectorFT$221,000$50,755$271,755
Kevin ClaassenAcct. Mgr.FT$94,919$16,026$110,945

Board Members and Trustees

NameTitle
Paul CoxChairman
Douglas HerstPresident
Ken MurdockVice Chair
Kimberly Myers HewlettVice President
Kristin ReedVice President
Sandie TillotsonVice President
David HollandDirector
Donald ArntzDirector
Jake WalkerDirector
Marsha Garces WilliamsDirector
Masayuki KishimotoDirector
Michael StaffieriDirector
Michael WardDirector
Peter ReadDirector
Scott HalstedDirector
Scott WilsonDirector
Sonia ToledoDirector
Shanna JamiesonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,970,843
Program Service Revenue
$0
Investment Income
$302,867
Other Revenue
$-7,308
All Other Contributions
$2,970,843
Change in Net Assets
$935,394

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$90,857Fair Market Value (FMV)
Securities Publicly Traded7$60,905Fair Market Value (FMV)
Total Noncash Contributions8$151,762-

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,206,928
Revenue Not Reported on Financial Statements
$59,474
Revenue Not Reported on Form 990
$851,882
Total Revenue per Audited Statements
$4,058,810
Total Revenue per Form 990
$3,266,402
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,106,011
Grants and Similar Amounts Paid$729,163
Other Expenses$495,834
Total Fundraising Expense$316,659
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$701,491--$701,491
Other Salaries and Wages$292,258$17,180$156,285$465,723
Current Officers, Directors, Trustees, and Key Employees$235,556$56,606$23,757$315,919
Other Employee Benefits$98,284$8,282$42,780$149,346
Pension Plan Contributions$78,784$11,130$27,333$117,247
Advertising$71,414$6,269$13,174$90,857
Fees for Service Investment Mgmnt Fees-$59,474-$59,474
Payroll Taxes$38,767$5,316$13,693$57,776
Occupancy$31,532$4,361$11,104$46,997
Grants to Domestic Orgs$27,672--$27,672
Travel$19,621$4,974$3,031$27,626
Fees for Services Accounting-$24,252-$24,252
All Other Expenses$12,087$1,042$3,056$16,185
Fees for Services Other$2,536$300$11,995$14,831
Insurance$4,890$3,793$1,717$10,400
Office Expenses$5,792$815$2,064$8,671
Depreciation Depletion$5,025$666$1,783$7,474
Other Expenses$4,168$553$1,472$6,193
Total Functional Expenses$19,948$133$10,585$30,666

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$2,331,008
Expenses per Audited Statements$2,271,534
Total Expenses per Audited Statements$2,271,534
Expenses Not Reported on Financial Statements$59,474
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Westcott Bay Co San Juan IslFriday Harbor, WA501(c)(3)Seagrass Reseeding$17,240
Guanaja Isl Co One EarthWhite Plains, NY501(c)(3)Mangrove Restoration$10,432

International Summary

Employees
30
Spending
$870,867

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Central America and the CaribGrantsProject Monitoring00$266,204
East Asia & the PacificGrantsProject Monitoring00$245,226
South AsiaGrantsProject Monitoring00$116,695
East AsiaProgram Services-010$67,979
EuropeGrants-00$38,422
Central AmericaProgram ServicesProject Monitoring07$26,180
South AsiaProgram Services-04$24,091
South AmericaProgram ServicesPublic Education05$22,699
Sub-saharan AfricaProgram Services-02$17,077
Sub-saharan AfricaGrantsProject Monitoring00$16,256
North AmericaGrants-00$14,848
EuropeProgram Services-01$5,801
North AmericaProgram Services-01$5,549
South AmericaGrantsProject Monitoring00$3,840
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$9,124
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
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
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, Line 11B: Form 990 Review Process

THE ORGANIZATION HAS ADOPTED THE FOLLOWING POLICY:1) The draft of the Internal Revenue Service Form 990 be distributed toall members of the Seacology Board of Directors as a PDF file via email within 5 days of the deadline for submitting the Form 990 to taxing authorities (original or extended deadline); and 2) That the draft of the Internal Revenue Service Form 990 will be reviewed and approved by the Chairman of the Board, the Executive Director, and the Accounting Manager, each acting on behalf of the Board of Directors, prior to submitting the Form 990 to taxing authorities.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

The following policy has been adopted by the organization: no member of the board of directors shall participate in any discussion or vote on any matter in which he or she or a member of his or her immediate family has potential conflict of interest due to having material economic involvement regarding the matter being discussed. When such a matter presents itself, the director must announce his or her potential conflict, disqualify himself or herself, and be excused from the meeting until discussion is over on the matter involved. The president of the meeting is expected to make an inquiry if such conflict appears to exist and the board member has not made it known.each member of the board of directors, employees and independent contracts (who receive more than $25,000 per year from seacology) shall annually sign a statement which affirms that such person:a. Has received a copy of the conflict of interest policy,b. Has read and understands the policy,c. Has agreed to comply with the policy,d. Disclose the existence of any potential conflicts of interest, ande. Understands seacology is a charitable organization and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

The organization has established a compensation committee to review the compensation of key employees earning in excess of $100,000 per year. One compensation committee meeting is held per year.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Financial Reports: Seacology prepares an Annual Report and distributes it to the public via email, mail, and by posting it on Seacologys website. The Annual Report contains an unaudited ending-year statement of financial activites with a note that recommends the public contact the Seacology office mid-year to obtain a copy of audited financial statements. Seacology also distributes the Internal Revenue Services form 990 to the public by posting a copy to the Seacology website.Governing documents, and conflict of interest policy: Seacology distributes policies approved by the board of directors, including the conflict of interest policy, to staff in an employee manual and/or accounting manual, to the board of directors in a board handbook, and stores these policies along with governing documents in a readily accessable area of the main office for staff to provide to the public upon request.

Filing and Contact Details

Filer

Filer Name
Seacology
EIN
87-0495235
Phone
5105593505
Address
1623 SOLANO AVENUE, BERKELEY, CA 94707

Signing Officer

Name
Duane Silverstein
Title
Executive Director
Signed
2021-09-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Duane Silverstein
Formed
1991
Legal Domicile
CA
Voting Board Members
18
Independent Board Members
18
Employees
8
Volunteers
19

Preparer

Firm
Doran & Associates
Address
70 MITCHELL BLVD Ste 102, San Rafael, CA 94903
Preparer
Lisa Doran CPA
Phone
4154911130
Supplemental Narrative

Additional Explanations

Part III, Row 4A, Statement of Program Service Accomplishments

Seacology's 2020 projects funded a variety of community benefits in return for various protections, including: 1. Reseeding of 13 acres of seagrass in united states, westcott bay in the puget sound.2. Protection of four kilometers of coastline and 50 acres of forest for 10 years in india on south andaman island near wandoor village in exchange for resource and ecotourism training center.3. Protection of 7,660 acres of mangrove forest for 20 years in indonesia on borneo near sungai nibung village in exchange for facility to raise baby crabs for release into forest; drone and walkie-talkies.4. Protection of 969 acres of mangroves for 15 years in philippines on busuanga island near bogtong village in exchange for 200-meter mangrove forest boardwalk and interpretive signs.5. Seagrass protection in spain via mobile app that lets boats avoid anchoring on seagrass.6. Protection of 494-acre island and two islets for 10 years in thailand on tang len island near ban koh kiem village in exchange for conservation and education center.7. National mangrove initiative in dominican republic to protect the countrys critical mangrove forests through nationwide mangrove awareness/pride campaign to educate both children and adults about the importance of mangroves.8. Provide artificial nesting stalks to save the native green carpenter bee from extinction in australia on kangaroo island.9. Protection of 874-acre island for 10 years in australia on big dog island in exchange for solar power to replace diesel generators.10. Community support for marae moana, the world's largest marine park in cook islands.11. Restoration, patrolling, and enforcement of a 13-acre marine ecosystem including cultivation and planting of mangroves, and protection of seagrass beds and coral reef restoration areas for a minimum of 15 years in dominican republic in exchange for formalization of a fisherman's ecotourism co-op including guide and business training; rescue and first aid training; ecotourism infrastructure; promotional materials and e-marketing platforms; office equipment and uniforms.12. Enforcement of a 66-acre protected area consisting of lagoon, mixed vegetation, and mangrove habitat for a minimum of 15 years in dominican republic in exchange for mangrove nursery and replantation, bird feeders and nesting structures, implementation of a beekeeping program, and infrastructure and equipment for ecotourism.13. Restoration of five acres of mangroves and one acre of watershed in honduras on guanaja island in exchange for repair of 1,500-foot mangrove walkway, new welcome center at airport.14. Conservation of 950 acres of community forest watershed for 15 years in malaysia on borneo near rungus hahaba village in exchange for trails and shelters for ecotourism; documentation of traditional knowledge.15. New 939-acre no-fishing area for five years (then subject to renewal) in mexico on cayo alcatraz island in exchange for lobster shelters to promote sustainable fishery; and composting toilets.16. Permanent protection of 400 acres of seagrass in palau on negerkeklau island in exchange for shelter and composting toilet for park rangers; and floating dock.17. Protection of 277-acre marine area and 47 acres of mangroves for 20 years in philippines on alabat island in exchange for community center, boardwalk for ecotourism and environmental education.18. Protection of 40 acres of marine area for 25 years in samoa on savai'i island near setafao saipipi village in exchange for expanded conservation building, freshwater pool repair, and perimeter markers for protected area.19. Replanting of seagrass areas damaged by mooring chains; new eco-moorings in wales near porthdinllaen village.20. Protection of last individuals of the critically endangered bonaire palm in caribbean netherlands on bonaire island.additionally, seacology supported several improvements to previously funded community benefits in return for renewed or extended protections and continued to support active p

Part III, Row 4B, Statement of Program Service Accomplishments

Omar has brought communities, governments, and fishermen together to protect kenyas great marine biodiversity.east africas coast and islands are home to thriving coral reefs, dense mangrove forests, and seagrass bedsall of which have been strained by rapid population growth, overfishing, and poor regulation. Kenyan communities are responsible for conserving their local marine resources, but historically, few of them took action.in recent years, however, communities have stepped up, thanks in large part to the efforts of people like mr. Juma. He brokered lasting conservation partnerships between kenyas government, ngos, and the communities of wasini island.a lifelong resident of the island, mr. Omar, as hes known locally, was an early proponent of a community marine reserve there. As a leader of the wasini beach management unit (bmu), the community organization that manages local marine resources, he worked for years with island residents, government entities, and local environmental leaders, including 2014 seacology prize recipient ali shaibu shekue, to establish a 2700-acre marine protected area. The reserve stabilized local fish populations and has become a model for locally managed conservation.the area is also increasingly popular with divers, snorkelers, and other tourists from kenya and beyond. Resource-based tourism now provides well-paying jobs for more than 100 residents, many of them youths with few other employment opportunities. Usage fees bring in much-needed revenue, and the wasini bmu has become the only community-run fishing organization in the area to generate enough revenue to run its day-to-day operations.local communities hold the key to sustainable management and conservation of natural resources, said dishon murage, who has served as seacologys field representative in kenya since 2008 and worked closely with juma. Working with local heroes like mr. Omar abdallah teaches us how local practices can enhance management and conservation.jumas work was not easy. Earlier in his career, some members of the fishing community vocally opposed his efforts to create the wasini reserve, fearing that new restrictions would put their livelihood at risk. At one point he was even threatened with eviction from his home village over his advocacy for conservation. His commitment to transparency and accountability led to conflicts with corrupt individuals.but by clearly communicating the long-term benefits of conservation to stakeholders on wasini, he forged a lasting coalition to restore and protect the islands environment. Wasinis achievements have been featured in national and international media, and received numerous awards. In 2012, juma was invited to attend the world conservation congress in south korea as an authority on locally managed marine areas.in 2014, under jumas direction, the reserve launched east africas first coral-restoration initiative. The program is now being widely replicated along the countrys coast. Building on the success of the wasini marine reserve, juma has played a crucial role in the establishment of seven other reserves in southern kenya.juma has been a frequent partner in seacologys work on wasini island. To help address water shortages, seacology, working with the wasini womens group, funded rainwater cisterns that collect and store thousands of gallons of rainwater. They are crucial to the community in dry seasons, especially as climate change makes droughts more frequent. With the bmu, seacology funded traditional fish traps that let immature fish escape. We have also funded investments in ecotourism, including repairs to a boardwalk through the islands expansive mangrove forest.i feel very proud and happy, juma said. I believe the award will showcase my ability to work with the communities. It will empower and encourage me to put more effort into doing conservation activities on wasini island. Seacology has shown how it cares about the welfare of others, and i just want to express my grat

Financial Statement Notes

Part V, Line 4: Intended uses of the endowment fund.

The Quasi-endowment held for operating purposes fund shall make an annual distribution to the Corporation general account for annual operating purposes in an amount to be determined by the Board, between 0% and 6% of the market value of the endowment fund on the preceding December 31. Such distribution shall be made no later than March 31 of each year. The annual distribution amount shall be initially set at 0% until the endowment fund reaches a balance of $5,000,000, at which time the annual distribution amount will be set at 4% of the moving average of the last three years total market value of the endowment fund on each December 31. An increase of the 6% maximum limit may be changed by the Board only with a dual vote per the procedures set forth below for extraordinary distributions from the endowment account. The annual distribution amount should be set by the Board within a range normally considered prudent.A separate quasi-endowment fund was established in 2016 to contribute to the Corporations long-term viability. Each year, some of these separate quasi-endowment funds will be withdrawn and deposited into the general operating account to be used for projects and operations, other than the Sri Lanka Mangrove protection program. In 2016, the amount withdrawn was $100,000, with future withdrawals to increase by CPI. Quasi-endowment Extraordinary Distributions: In order to withdraw and distribute funds from the Quasi-endowment to the general operating account in excess of the annual distribution amount established by the Board, the proposed withdrawal must be communicated to the Board members and the vote of at least 75% of the acting Board members, not just a quorum of those present, must approve the withdrawal by two separate votes at least 30 days apart. Such notice shall be given in person, or by written or electronic communication as provided in the By-Laws for the giving of notices.Amounts earned on investment returns for the Quasi-endowment Fund are released from restriction and appropriated as earned.Distributions from the Falealupo Endowment may be made from both investment principal and income. Amounts earned on investment returns for the Falealupo Endowment are appropriated as earned. Distributions from the Falealupo Endowment are made on a case-by-case basis.

Part X : FIN48 Footnote

ASC 740-10, Accounting for Uncertainty in Income Taxes - The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires the Corporation to report information regarding its exposure to various tax positions taken by the Corporation. The Corporation has determined whether any tax positions have met the recognition threshold and has measured the Corporations exposure to those tax positions. Management believes that the Corporation has adequately addressed all relevant tax positions and that there are no unrecorded tax liabilities. Federal and state tax authorities generally have the right to examine and audit the previous three years of tax returns filed (four years for California). Any interest or penalties assessed to the Corporation are recorded in operating expenses. No interest or penalties from federal or state tax authorities were recorded in the accompanying financial statements.

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IRS990/PensionPlanContributionsGrp/FundraisingAmt027333
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.6$0.34$12.2$2.85$3.14$0.29
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.7$0.34$12.4$4.60$3.16$1.44
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.1$0.43$9.72$3.26$2.82$0.44
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.0$0.14$10.8$3.75$2.65$1.10
2020Detailed filing. Detailed filing data is available for this year.$9.82$0.10$9.72$3.27$2.33$0.94
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.01$0.08$7.93$2.61$2.60$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.06$0.07$6.99$2.26$3.08$0.82
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.44$0.08$8.36$3.09$2.82$0.27
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.12$0.03$8.08$3.21$2.36$0.85
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.29$0.07$7.22$5.66$2.10$3.56
2014Detailed filing. Detailed filing data is available for this year.$3.90$0.06$3.84$2.43$1.66$0.78
2013Summary only. Only limited summary data is available for this year.$3.28$0.12$3.16$1.78$1.49$0.29
2012Summary only. Only limited summary data is available for this year.$2.90$0.08$2.82$1.43$1.60$0.17
2011Summary only. Only limited summary data is available for this year.$2.97$0.07$2.90$1.56$1.52$0.04
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2020 filings • 501(c)3 • $5M-$10M nonprofits