Civic Intelligence

Seacology

990 • Fiscal year 2021 • EIN 87-0495235

Jan 01, 2021 to Dec 31, 2021 • Filed on Oct 17, 2022

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.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

17th percentile

0.04x

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

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Net Margin

74th percentile

29%

Higher net margin than 74% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

76th percentile

$273,297

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 7.3% of source-year revenue.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Asset Growth

55th percentile

12%

Faster asset growth than 55% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

54th percentile

15%

Faster revenue growth than 54% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Assets

Up

$10,971,501

Up $1,154,866 (+12%) from 2020

Net Assets

Up

$10,828,335

Up $1,107,752 (+11%) from 2020

Liabilities

Up

$143,166

Up $47,114 (+49%) from 2020

Revenue

Up

$3,747,320

Up $480,918 (+15%) from 2020

Expenses

Up

$2,650,959

Up $319,951 (+14%) from 2020

Net Income

Up

$1,096,361

Up $160,967 (+17%) from 2020

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

2021

Assets$10,971,501
Liabilities$143,166
Net Assets$10,828,335

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

2021

Revenue$3,747,320
Expenses$2,650,959
Net Income$1,096,361
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Oct 17, 2022
Return Version
2021v4.0
Gross Receipts
$4,705,820
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$7,359,580$8,841,266▲ $1,481,686
Savings and Temporary Cash Investments$1,354,646$1,171,061▼ $183,585
Cash and Non-Interest-Bearing Accounts$406,283$472,500▲ $66,217
Pledges and Grants Receivable$601,927$375,345▼ $226,582
Prepaid Expenses and Deferred Charges$77,214$102,497▲ $25,283
Land, Buildings, and Equipment, Net$16,985$8,832▼ $8,153
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$9,816,635$10,971,501▲ $1,154,866
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$96,052$143,166▲ $47,114
Total Liabilities$96,052$143,166▲ $47,114
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$8,130,455$9,006,779▲ $876,324
Net Assets With Donor Restrictions$1,590,128$1,821,556▲ $231,428
Total Net Assets Fund Balance$9,720,583$10,828,335▲ $1,107,752
Total Liabilities and Net Assets / Fund Balance$9,816,635$10,971,501▲ $1,154,866

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$8,832$15,627$24,459
Leasehold Improvements-$20,782$20,782
Equipment-$12,524$12,524

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$3,907,092-▲ $459,445-$4,256,348
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
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Duane SilversteinExecutive DirectorFT$225,420$47,877$273,297
Kevin ClaassenAcct. Mgr.FT$98,745$16,634$115,379

Board Members and Trustees

NameTitle
Paul CoxChairman
Douglas HerstPresident
Ken MurdockVice Chair
Kimberly Myers HewlettVice President
Kristin ReedVice President
Sandie TillotsonVice President
David HollandDirector
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
$2,849,238
Program Service Revenue
$0
Investment Income
$895,510
Other Revenue
$2,572
All Other Contributions
$2,849,238
Change in Net Assets
$1,096,361

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
Securities Publicly Traded9$121,384Fair Market Value (FMV)
Other Non Cash Contri Table1$115,684Fair Market Value (FMV)
Other Non Cash Contri Table1$1,055Fair Market Value (FMV)
Total Noncash Contributions11$238,123-

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,672,600
Revenue Not Reported on Financial Statements
$74,720
Revenue Not Reported on Form 990
$11,391
Total Revenue per Audited Statements
$3,683,991
Total Revenue per Form 990
$3,747,320
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,092,895
Grants and Similar Amounts Paid$1,032,934
Other Expenses$525,130
Total Fundraising Expense$338,095
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$971,834--$971,834
Other Salaries and Wages$303,484$17,738$161,447$482,669
Current Officers, Directors, Trustees, and Key Employees$241,304$58,629$24,232$324,165
Pension Plan Contributions$81,898$11,849$27,279$121,026
Advertising$77,990$8,156$30,593$116,739
Other Employee Benefits$64,962$5,977$34,605$105,544
Fees for Service Investment Mgmnt Fees-$74,720-$74,720
Grants to Domestic Orgs$61,100--$61,100
Payroll Taxes$39,759$5,533$14,199$59,491
Occupancy$31,326$4,224$11,234$46,784
All Other Expenses$17,287$1,472$3,843$22,602
Fees for Services Accounting-$21,359-$21,359
Travel$3,609$2,343$11,021$16,973
Insurance$5,257$3,972$1,860$11,089
Office Expenses$6,163$691$2,272$9,126
Depreciation Depletion$5,456$744$1,953$8,153
Other Expenses$3,377$36$4,403$7,816
Fees for Services Other$1,182-$5,693$6,875
Total Functional Expenses$7,167$154$5,208$12,529

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$2,650,959
Expenses per Audited Statements$2,576,239
Total Expenses per Audited Statements$2,576,239
Expenses Not Reported on Financial Statements$74,720
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Bonaire Co Mont Botanical CMiami, FL501(c)(3)Protection of Bonaire Palm$32,500
Long Liam Comm Co Green EmpPortland, OR501(c)(3)Micro-hydro Installation$16,700
Westcott Bay 2 Co Univ WashSeattle, WA501(c)(3)Seagrass Reseeding$11,900

International Summary

Employees
29
Spending
$1,148,458

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
East Asia & the PacificGrantsProject Monitoring00$373,099
Central America and the CaribGrantsProject Monitoring00$352,223
South AmericaGrantsProject Monitoring00$108,607
East AsiaProgram ServicesProject Monitoring011$71,370
Sub-saharan AfricaGrantsProject Monitoring00$52,592
North AmericaGrants-00$49,086
South AmericaProgram ServicesPublic Education05$28,822
EuropeGrants-00$26,227
Central AmericaProgram ServicesProject Monitoring06$25,105
Sub-saharan AfricaProgram Services-03$18,398
South AsiaProgram Services-02$16,640
South AsiaGrantsProject Monitoring00$10,000
EuropeProgram Services-01$7,052
North AmericaProgram Services-01$5,570
EuropeProgram Services-00$3,667
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$9,903
Fundraising Gross Income$9,750
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
2022-10-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Duane Silverstein
Formed
1991
Legal Domicile
CA
Voting Board Members
17
Independent Board Members
17
Employees
8
Volunteers
20

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 2021 projects funded a variety of community benefits in return for various protections, including: 1. Protection of 500 acres of mangroves for 20 years in indonesia on tawabi island in exchange for mangrove learning center and environmental education.2. Protection of 400 acres of forest and 400 marine acres for 10 years in thailand on haad sai dam island in exchange for new environmental education center and nature trail.3. Environmental education for youth; cleanup and protection of mangrove ecosystems in mexico on mujeres island in exchange for soccer equipment for youth groups.4. Protection of 2,258 acres of rainforest and 937 marine acres for 15 years in fiji on vanua levu near wailevu village in exchange for village hall to use as kindergarten, community center, and storm shelter.5. Enforcement of restrictions around islands; environmental education and manatee pride outreach campaign in guatemala on cecon island in the rio dulce national park in exchange for renovation of visitors' center, new signs spelling out regulations in protected areas.6. Protection of 135 acres of mangroves for 20 years in brazil on cardoso island near enseada da baleia community in exchange for cultural and community center.7. Environmental education for youth; 2.5-acre outdoor environmental classroom in colombia on tierrra bomba island in exchange for soccer equipment and environmental education program.8. Conservation and restoration of a critical one-acre remnant of mangroves within a 77-acre mangrove area in dominican republic near el astillero mangrove site in exchange for creation of a mangrove park and "coastal classroom," community education, youth activities, a media campaign, and mangrove restoration.9. Protection of 86 acres of mangroves for 15 years in indonesia on sulawesi island near the kuri caddi village in exchange for community center for mangrove eco-tourism, environmental education, and sustainable livelihood training.10. New 151-acre no-take marine zone for 15 years in federated states of micronesia, yap on gagil-tomil island near the riken village in exchange for bathrooms and showers to improve community meeting house.11. New 20-acre no-take marine zone in honduras on roatan island near the el berrinche community in exchange for environmental education hub with computer lab and library.12. Enhanced enforcement of fishing restrictions in 2,933 marine acres for 15 years in philippines on palawan island near the liminangcong village in exchange for floating watchtower, signs, equipment, and training to protect mangrove and marine area.13. Protection of 2,686 acres of forest and 5.6-mile firebreak for 20 years in madagascar near adnranohobaka village in exchange for new primary school building and furniture.14. Improved reef health through parrotfish protection in mexico on espritu santo archipelago island in exchange for pride and protection campaign videos and outreach.15. Reseeding six acres with seagrass in united states near san juan island in westcott bay of the puget sound.16. Seagrass protection through mapping 741 acres and public outreach in philippines on mactan and olango islands.17. Protection of 2,000 marine turtle nests per year in indonesia on papua island near resye and womom villages in exchange for computer skills development and environmental education for youth.18. Permanent protection of 173 acres of mangroves, fringing reef, and seagrass in federated states of micronesia, pohnpei near awak village in exchange for aquaculture facility to re-seed reef and mangrove areas.19. Permanent protection of 10.5 acres of mangroves in federated states of micronesia, kosrae near malem community in exchange for improvement of community sports field and addition of restrooms and rainwater tank.20. Permanent protection of 252 acres of marine wetland bird habitat in chile on quinchao island in exchange for bird blinds, interpretive signs, gear, and education for school environmental club.21. Protection of 222

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

Saw john is a committed advocate for the environment and culture of indias andaman islands. Saw john, a member of the islands karen community, exemplifies seacologys vision of locally led island conservation.hundreds of miles east of the indian subcontinent, the andaman and nicobar islands are home to rich ecological and cultural diversity. The tropical waters surrounding the islands support countless marine species, including 200 types of coral, and a world-renowned and culturally important shellfish market. Roughly 80% of the islands surface is covered with evergreen forest, populated with hundreds of species of birds, mammals, and insects, many found nowhere else in the world. Mangrove trees ring the coast.the andamans unique location, between mainland india and southeast asia, has made the archipelago home to myriad ethnic groups since the first people arrived thousands of years ago. The karen people came from myanmar (burma) beginning in the 1930s, when the islands were part of the british empire, and today make up a small but significant part of the population of north and middle andaman islands, with about 2,000 people scattered across several villages. With such low numbers, the future of karen culture in the andamans is uncertain. Webi, saw johns home village, is the site of only one of two schools in india that teach the groups language. Cultural knowledge like that passed down to john by his father, one of the last traditional healers in the andamans, is at risk of being lost. When large-scale commercial development began to arrive on the islands, saw john grew alarmed as the strong ties between the karen and their heritage and environment began to erode. For nearly three decades, hes been working to protect the environment, develop sustainable livelihoods for members of his community, and repair fraying cultural ties. After joining the organization in the 1990s, he worked his way up to operations director of the andaman and nicobar environment team (anet), supporting field research to discover new endemic species on the islands, and other projects. Anet has led initiatives that helped local people grow low-impact crops and greener building materials. After the devastating 2004 indian ocean tsunami, the group was instrumental in efforts to protect and restore mangroves around the islands, shielding coastal communities from future storms.with anet, saw john helped found andaman karen crafts (akc), a local cooperative that teaches skills in traditional karen handicrafts and cuisine, so local people can produce and sell traditional goods. In a plant nursery established by akc, he has shown community members how to cultivate and use the plants that form the foundation of karen recipes and traditional medicine. Seacology witnessed saw johns passion for his people and their islands when we worked with anet and akc on our 2014 project in webi village.saw john is proud of his karen cultural and environmental heritage and gives back with action rather than fanfare, said field representative vineeta hoon, who first met him more than two decades ago. When i think of him, these words come to mind: unassuming, quiet, compassionate, kind.when it comes to advocating sustainable ecotourism, saw john leads by example. He converted part of his familys home, which sits on a small organic farm, into an inviting homestay for visitors to the isolated islands. The first ecotourism destination of its kind in the andamans, koh he (island home) also serves as a comprehensive introduction to karen culture for its guests. Traditional tools and other cultural artifacts are proudly displayed on the walls, and the shelves contain saw johns extensive collection of books and articles about the karen. Saw john and his family are happy to guide visitors through the forest to see wildlife, or to introduce them to village elders. Countless guests have enjoyed his hospitality and gained an authentic understanding of his culture. Even as the pandemic has

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/Desc0IN 2021, SEACOLOGY'S BOARD OF DIRECTORS APPROVED 20 NEW PROJECTS ON ISLANDS AROUND THE WORLD. SEACOLOGY GRANTS GO TO COMMUNITIES THAT ARE WORKING TO PROTECT THEIR MARINE OR TERRESTRIAL ENVIRONMENTS AND NEED SOME KIND OF COMMUNITY BENEFIT, SUCH AS A SCHOOL OR COMMUNITY CENTER. SEACOLOGY'S 2021 PROJECTS FUNDED A VARIETY OF COMMUNITY BENEFITS IN RETURN FOR VARIOUS PROTECTIONS, AS DESCRIBED ON SCHEDULE O.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Executive Dir.
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IRS990/MissionDesc0Seacology 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.
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IRS990/PrincipalOfficerNm0DUANE SILVERSTEIN
IRS990/ProfessionalFundraisingInd0false

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
2021Detailed filing. Detailed filing data is available for this year.$11.0$0.14$10.8$3.75$2.65$1.10
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$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