Civic Intelligence

Seaworthy Foundation Inc.

990EZ • Fiscal year 2022 • EIN 87-2883986

Jan 01, 2022 to Dec 31, 2022 • Filed on Oct 16, 2023

Organization ProfileSeaworthyCollective.com
31 NE 17th StreetMiami, FL 33132

(619) 793-7800

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

78th percentile

29%

Higher net margin than 78% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

99th percentile

3533%

Faster asset growth than 99% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

99th percentile

2226%

Faster revenue growth than 99% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets58th percentile

Assets

Up

$28,918

Up $28,122 (+3533%) from 2021

Net Assets

Up

$28,918

Up $28,122 (+3533%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin78th percentile

Revenue

Up

$98,112

Up $93,894 (+2226%) from 2021

Expenses

Up

$69,990

Up $66,568 (+1945%) from 2021

Net Income

Up

$28,122

Up $27,326 (+3433%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth99th percentile

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

$400K$300K$200K$100K$0Assets 2021: $796Liabilities 2021: $0Net Assets 2021: $7962021Assets 2022: $28,918Liabilities 2022: $0Net Assets 2022: $28,9182022Assets 2023: $375,140Liabilities 2023: $0Net Assets 2023: $375,1402023Assets 2024: $249,840Liabilities 2024: $0Net Assets 2024: $249,8402024

Highlighted filing

2022

Assets$28,918
Liabilities$0
Net Assets$28,918
Open 2022 Filing

Operations Trend

Revenue Growth99th percentile

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

$600K$400K$200K$0-$200KRevenue 2021: $4,218Expenses 2021: $3,422Net Income 2021: $7962021Revenue 2022: $98,112Expenses 2022: $69,990Net Income 2022: $28,1222022Revenue 2023: $529,089Expenses 2023: $182,867Net Income 2023: $346,2222023Revenue 2024: $431,973Expenses 2024: $557,273Net Income 2024: -$125,3002024

Highlighted filing

2022

Revenue$98,112
Expenses$69,990
Net Income$28,122
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Oct 16, 2023
Return Version
2022v5.0
Gross Receipts
$98,112
Mission and Program Overview

Mission

Seaworthy Collective is a Miami-based 501c3 nonprofit that supports current and aspiring entrepreneurs driving innovation for ocean impact AKA BlueTech. Our mission is to bring all hands on deck for BlueTech via programs to co-create and grow early-stage startups build regional capacity and educate our community.

Our mission is to build community and inclusion for ocean and climate impact innovation through opportunities and education. We are making ocean innovation accessible, inclusive, and interdisciplinary, from our flagship Venture Studio program to our Sea Change Makers Panel Series.

Program Services

DescriptionGrantsExpenses
During 2022, we supported 10 startups in our second venture studio cohort. We were the winner of the 2022 Prince Albert II of Monaco Foundation's Prince's Prize for Innovative Philanthropy. We were able to host multiple climate / ocean innovation community building and education events with the launch of our climate community social hour. We won the American-Made Energy Program for Innovation Clusters (EPIC) Prize Grant from U.S. Department of Energy and Water Power Technologies Office (WPTO), supporting new Founder Mentorship Program.-$9,437
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Christina ThirkellDirectorPT$0--
Ubah BulaleDirectorPT$0--
Christopher DanielsDirectorPT$0--
Sirena AndrasDirectorPT$0--
Scarlett LanzasDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Seaworthy Foundation Inc
EIN
87-2883986
Phone
6197937800
Address
31 NE 17th Street, Miami, FL 33132

Signing Officer

Name
Daniel Kleinman
Title
President
Signed
2023-10-16
Discuss with paid preparer
Yes

Preparer

Firm
Crane & Holtzman CPAs PC
Address
757 Third Ave 20th Floor, New York, NY 10017
Preparer
Michael Crane
Phone
5122150057
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $718”

Other Expenses.1002

“Office Expenses $2396”

Other Expenses.1003

“Information Technology $1199”

Other Expenses.1007

“Conferences, Conventions, and Meetings $19000”

Other Expenses.1012

“Insurance $241”

Other Expenses.1

“Event Costs $9437”

Other Expenses.2

“Teambuilding $544”

Other Expenses.3

“Virtual Office $519”

Other Expenses.4

“Bank Fees $120”

Raw XML Appendix167 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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IRS990EZ/OtherExpensesTotalAmt034174
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IRS990EZ/TaxImposedOnOrganizationMgrAmt00
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IRS990ScheduleA/First5Years509Ind0X
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $718
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $2396
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Information Technology $1199
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Insurance $241
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Event Costs $9437
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Teambuilding $544
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Virtual Office $519
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Bank Fees $120
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ReturnHeader/Filer/EIN0872883986
ReturnHeader/Filer/PhoneNum06197937800
ReturnHeader/Filer/USAddress/AddressLine1Txt031 NE 17th Street
ReturnHeader/Filer/USAddress/CityNm0Miami
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ReturnHeader/PreparerPersonGrp/PhoneNum05122150057
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Michael Crane
ReturnHeader/ReturnTs02023-10-16T20:30:24-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Daniel
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Kleinman
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$28,918
Liabilities
$0
Net assets
$28,918
Revenue
$98,112
Expenses
$69,990
Net income
$28,122
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.50$0.00$2.50$4.32$5.57$1.25
2023Detailed filing. Detailed filing data is available for this year.$3.75$0.00$3.75$5.29$1.83$3.46
2022Detailed filing. Detailed filing data is available for this year.$0.29$0.00$0.29$0.98$0.70$0.28
2021Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$0.04$0.03$0.01