Civic Intelligence

Seafood Nutrition Partnership

990 • Fiscal year 2016 • EIN 90-0948097

Jan 01, 2016 to Dec 31, 2016 • Filed on May 01, 2017

1001 North 19th Street No 1200Arlington, VA 22209

(703) 579-6715

Siviq Scores

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

Liabilities / Assets

23rd percentile

0.01x

Higher debt load relative to assets than 23% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

28th percentile

0.03x

Higher debt load relative to revenue than 28% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

3rd percentile

-113%

Higher net margin than 3% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

89th percentile

$197,687

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 25.8% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

5th percentile

-23%

Faster asset growth than 5% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

4th percentile

-58%

Faster revenue growth than 4% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$2,955,926

Down $860,814 (-23%) from 2015

Net Assets

Down

$2,934,340

Down $866,159 (-23%) from 2015

Liabilities

Up

$21,586

Up $5,345 (+33%) from 2015

Revenue

Down

$764,924

Down $1,071,263 (-58%) from 2015

Expenses

Up

$1,631,083

Up $250,884 (+18%) from 2015

Net Income

Down

-$866,159

Down $1,322,147 (-290%) from 2015

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2013: $2,476,631Liabilities 2013: $1,808Net Assets 2013: $2,474,8232013Assets 2014: $3,359,468Liabilities 2014: $14,957Net Assets 2014: $3,344,5112014Assets 2015: $3,816,740Liabilities 2015: $16,241Net Assets 2015: $3,800,4992015Assets 2016: $2,955,926Liabilities 2016: $21,586Net Assets 2016: $2,934,3402016Assets 2017: $2,196,648Liabilities 2017: $57,744Net Assets 2017: $2,138,9042017Assets 2018: $1,408,440Liabilities 2018: $39,447Net Assets 2018: $1,368,9932018Assets 2019: $830,914Liabilities 2019: $29,615Net Assets 2019: $801,2992019Assets 2020: $806,340Liabilities 2020: $27,774Net Assets 2020: $778,5662020Assets 2021: $2,185,625Liabilities 2021: $101,529Net Assets 2021: $2,084,0962021Assets 2022: $1,496,586Liabilities 2022: $69,353Net Assets 2022: $1,427,2332022Assets 2023: $761,319Liabilities 2023: $51,138Net Assets 2023: $710,1812023Assets 2024: $537,947Liabilities 2024: $38,774Net Assets 2024: $499,1732024

Highlighted filing

2016

Assets$2,955,926
Liabilities$21,586
Net Assets$2,934,340

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2013: $2,489,933Expenses 2013: $366,187Net Income 2013: $2,123,7462013Revenue 2014: $1,538,472Expenses 2014: $668,784Net Income 2014: $869,6882014Revenue 2015: $1,836,187Expenses 2015: $1,380,199Net Income 2015: $455,9882015Revenue 2016: $764,924Expenses 2016: $1,631,083Net Income 2016: -$866,1592016Revenue 2017: $364,495Expenses 2017: $1,155,931Net Income 2017: -$791,4362017Revenue 2018: $207,017Expenses 2018: $938,928Net Income 2018: -$731,9112018Revenue 2019: $466,550Expenses 2019: $994,244Net Income 2019: -$527,6942019Revenue 2020: $705,507Expenses 2020: $728,240Net Income 2020: -$22,7332020Revenue 2021: $2,518,511Expenses 2021: $1,212,981Net Income 2021: $1,305,5302021Revenue 2022: $650,122Expenses 2022: $1,306,985Net Income 2022: -$656,8632022Revenue 2023: $707,545Expenses 2023: $1,424,597Net Income 2023: -$717,0522023Revenue 2024: $1,048,514Expenses 2024: $1,259,522Net Income 2024: -$211,0082024

Highlighted filing

2016

Revenue$764,924
Expenses$1,631,083
Net Income-$866,159
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 1, 2017
Return Version
2016v3.0
Gross Receipts
$764,924
Mission and Program Overview

Mission

Seafood Nutrition Partnership is a 501(c)(3) organization whose mission is to inspire a healthier America through partnerships that raise awareness about the essential nutritional benefits of eating seafood.

To inspire a healthier America through partnerships that raise awareness about the essential nutritional benefits of eating seafood.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$2,599,843$2,508,098▼ $91,745
Pledges and Grants Receivable$915,667$260,000▼ $655,667
Cash and Non-Interest-Bearing Accounts$301,230$185,218▼ $116,012
Prepaid Expenses and Deferred Charges$0$2,610▲ $2,610
Total Assets$3,816,740$2,955,926▼ $860,814
Liabilities
Accounts Payable and Accrued Expenses$16,241$21,586▲ $5,345
Total Liabilities$16,241$21,586▲ $5,345
Net Assets / Fund Balance
Unrestricted Net Assets$2,892,004$2,674,340▼ $217,664
Temporarily Rstr Net Assets$908,495$260,000▼ $648,495
Total Net Assets Fund Balance$3,800,499$2,934,340▼ $866,159
Total Liabilities and Net Assets / Fund Balance$3,816,740$2,955,926▼ $860,814
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Linda CornishExecutive DirectorFT$174,688$22,999$197,687

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Ketchum IncDigital Resource Management1285 Avenue of the Americas, New York, NY 10019$449,792
Asher Agency LLCStrategic comm. consultants1750 K Street NW Suite 1200, Washington, DC 20006$103,092
Revenue and Support

Revenue Composition

Contributions and Grants
$756,669
Program Service Revenue
$0
Investment Income
$8,255
Other Revenue
$0
All Other Contributions
$756,669
Change in Net Assets
$-866,159

Audited Revenue Reconciliation

Revenue per Audited Statements
$764,924
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$90,000
Total Revenue per Audited Statements
$854,924
Total Revenue per Form 990
$764,924
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,306,641
Salaries, Compensation, and Employee Benefits$324,442
Total Fundraising Expense$205,677
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$461,709$7,753$3,877$473,339
Fees for Services Other$368,389-$100,319$468,708
Information Technology$218,231$9,596$4,798$232,625
Current Officers, Directors, Trustees, and Key Employees$118,613$39,537$39,537$197,687
Other Salaries and Wages$60,730$20,244$20,244$101,218
Travel$35,466-$6,817$42,283
Office Expenses$19,496$3,438$145$23,079
Payroll Taxes$10,737$3,579$3,579$17,895
Fees for Services Accounting$2,339-$9,358$11,697
Advertising$4,898$2,366$2,366$9,630
Fees for Services Legal-$9,207-$9,207
Insurance-$6,598-$6,598
Other Employee Benefits$3,172$1,057$1,057$5,286
Pension Plan Contributions$1,414$471$471$2,356
Other Expenses-$215$13,109$215
Total Functional Expenses$1,305,194$120,212$205,677$1,631,083

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,721,083
Expenses per Audited Statements$1,631,083
Total Expenses per Form 990$1,631,083
Expenses Not Reported on Form 990$90,000
Expenses Not Reported on Financial Statements$0
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
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 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
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 B, line 11B

A draft copy of Form 990 is provided to the organization for review prior to filing the return. The Treasurer confirms the information submitted in this process. The 990 is presented to the full board prior to filing the return with the IRS.

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

All officers and directors are required to disclose annually interests that could give rise to conflicts. The policy is reviewed on an annual basis.

Form 990, Part VI, Section B, line 15A

Compensation for the Executive Director was determined based upon a benchmarking study of data from a variety of sources, including The Bridgespan Group, The Chronicle of Philanthropy, The Center for Association Leadership, and CEO Update. At this time and for the foreseeable future, the Corporation does not expect to pay any compensation to its other officers, directors and any others providing services to the organization will all do so as volunteers. However, if the organization does pay any compensation to directors, officers, or any other employees at some future time, the organization will follow the practices used for establishing the Executive Director compensation.

Form 990, Part VI, Section C, line 19

The organization makes public Form 1023 and Form 990 upon request. The organization does not provide documents not required for public inspection.

Filing and Contact Details

Filer

Filer Name
Seafood Nutrition Partnership
EIN
90-0948097
Phone
7035796715
Address
1001 North 19th Street No 1200, Arlington, VA 22209

Signing Officer

Name
Linda Cornish
Title
President
Phone
7035796715
Signed
2017-05-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Linda Cornish
Formed
2013
Legal Domicile
Va
Voting Board Members
8
Independent Board Members
8
Employees
3
Volunteers
39

Preparer

Firm
Rogers & Company PLLC
Address
8300 Boone Boulevard Suite 600, Vienna, VA 22182
Preparer
Lori A Collingsworth
Phone
7038930300
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4A, National Healthy Heart Campaign:

Love Your Heart - Eat Your Seafood (continued) In October 2015, SNP launched a national public health education campaign in 9 cities: Birmingham, AL; Brunswick, GA; Charleston, WV; Indianapolis, IN; Jacksonville, FL; Lexington, KY; Memphis, TN; Oklahoma City, OK; Toledo, OH. 2016 continued the national public health education campaign in the same target cities. In each city we invite a coalition of elected officials and leaders in the business, healthcare and wellness, faith, culinary and academia communities to support the campaign and provide interactive events to educate members of the communities about the health benefits of seafood and how to include it more frequently into daily meals. In 2016, the campaign added the House Party program where 250 hosts organized home parties all held on October 1st to kick-off National Seafood Month to share SNP nutrition education materials with family, friends, and neighbors. Our main call to action is for people to take the Healthy Heart Pledge, which is to eat seafood twice a week for at least four months, which is the amount of time needed to measure heart health improvements. SNP provides support to pledge makers with monthly eNewsletters, recipes, and coupons. (http://www.seafoodnutrition.org/healthy-heart-pledge.html) Outreach impressions: 310 million impressions Healthy Heart Pledge: 22,182

Form 990, Part III, Line 4B, Eating Heart Healthy Nutrition:

(continued) The program teaches selection and preparation of seafood and the health impacts are tracked to quantify improvements through the program. In 2016 the program was conducted in Boston MA, Lexington KY, Oklahoma City OK, Toledo OH, and (Program video: https://youtu.be/xVG9Y3e0rtM)v Direct Impact: 116 people Indirect Impact: 8,564 People

Form 990, Part IX, line 11G

Consultants and other professional fees: Program service expenses 368,389. Management and general expenses 0. Fundraising expenses 100,319. Total expenses 468,708.

Form 990, Part XII, Line 2C:

The organization has a committee that assumes responsibility for oversight of the audit and selection of an independent accountant. This process has not changed from the prior year.

Financial Statement Notes

Part X, Line 2:

Management evaluated SNP's tax positions and concluded that SNP's financial statements do not include any uncertain tax positions.

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IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03579
IRS990/PayrollTaxesGrp/ProgramServicesAmt010737
IRS990/PayrollTaxesGrp/TotalAmt017895
IRS990/PensionPlanContributionsGrp/FundraisingAmt0471
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0471
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01414
IRS990/PensionPlanContributionsGrp/TotalAmt02356
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IRS990/PrincipalOfficerNm0Linda Cornish
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IRS990/ProgSrvcAccomActy2Grp/Desc0Eating Heart Healthy Nutrition Program: The interactive cooking and nutrition intervention program for women at risk of heart disease that was developed in partnership with Brigham and Women's Hospital and Roxbury Tenants of Harvard is now conducted through our affiliate partners. This program educates low-income women about the link between healthy eating and reducing the risk of cardiovascular disease. Direct Impact: 116 people Indirect Impact: 8,564 PeopleSee Schedule O for continuation
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt030000
IRS990/ProgSrvcAccomActy3Grp/Desc0Other Program Services:Education and awareness building of seafood's essential nutrients conducted through conferences, website, videos, and social media. Conferences included Academy of Nutrition & Dietetics' Food Nutrition Conference & Expo, Bay of Fundy Seafood Conference, Capitol Hill Ocean Week, Clinton Global Initiative, Flavor Experience, Global Organization for EPA and DHA, Global Seafood Marketing Conference, National Women Infants Children Leadership Conference, North American Seafood Expo, NYT Food For Tomorrow, Women of Seafood.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0years presented: The 2013 Form 990 was filed for a short period from February 13, 2013 (inception) to December 31, 2013. As such, the amounts reported in Schedule A, Part II, column (b) represent 10.5 months of activity rather than a full year.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Form Schedule A, Part II, Required disclosure for short
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Management evaluated SNP's tax positions and concluded that SNP's financial statements do not include any uncertain tax positions.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Linda Cornish
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Executive Director
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Love Your Heart - Eat Your Seafood (continued) In October 2015, SNP launched a national public health education campaign in 9 cities: Birmingham, AL; Brunswick, GA; Charleston, WV; Indianapolis, IN; Jacksonville, FL; Lexington, KY; Memphis, TN; Oklahoma City, OK; Toledo, OH. 2016 continued the national public health education campaign in the same target cities. In each city we invite a coalition of elected officials and leaders in the business, healthcare and wellness, faith, culinary and academia communities to support the campaign and provide interactive events to educate members of the communities about the health benefits of seafood and how to include it more frequently into daily meals. In 2016, the campaign added the House Party program where 250 hosts organized home parties all held on October 1st to kick-off National Seafood Month to share SNP nutrition education materials with family, friends, and neighbors. Our main call to action is for people to take the Healthy Heart Pledge, which is to eat seafood twice a week for at least four months, which is the amount of time needed to measure heart health improvements. SNP provides support to pledge makers with monthly eNewsletters, recipes, and coupons. (http://www.seafoodnutrition.org/healthy-heart-pledge.html) Outreach impressions: 310 million impressions Healthy Heart Pledge: 22,182
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1(continued) The program teaches selection and preparation of seafood and the health impacts are tracked to quantify improvements through the program. In 2016 the program was conducted in Boston MA, Lexington KY, Oklahoma City OK, Toledo OH, and (Program video: https://youtu.be/xVG9Y3e0rtM)v Direct Impact: 116 people Indirect Impact: 8,564 People
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A draft copy of Form 990 is provided to the organization for review prior to filing the return. The Treasurer confirms the information submitted in this process. The 990 is presented to the full board prior to filing the return with the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3All officers and directors are required to disclose annually interests that could give rise to conflicts. The policy is reviewed on an annual basis.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Compensation for the Executive Director was determined based upon a benchmarking study of data from a variety of sources, including The Bridgespan Group, The Chronicle of Philanthropy, The Center for Association Leadership, and CEO Update. At this time and for the foreseeable future, the Corporation does not expect to pay any compensation to its other officers, directors and any others providing services to the organization will all do so as volunteers. However, if the organization does pay any compensation to directors, officers, or any other employees at some future time, the organization will follow the practices used for establishing the Executive Director compensation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The organization makes public Form 1023 and Form 990 upon request. The organization does not provide documents not required for public inspection.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Consultants and other professional fees: Program service expenses 368,389. Management and general expenses 0. Fundraising expenses 100,319. Total expenses 468,708.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7The organization has a committee that assumes responsibility for oversight of the audit and selection of an independent accountant. This process has not changed from the prior year.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 4a, National Healthy Heart Campaign:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part III, Line 4b, Eating Heart Healthy Nutrition:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part XII, Line 2c:
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IRS990/StatesWhereCopyOfReturnIsFldCd16MI
IRS990/StatesWhereCopyOfReturnIsFldCd17MN

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