Civic Intelligence

Schooner Martha Foundation

990EZ • Fiscal year 2023 • EIN 91-1785967

May 01, 2022 to Apr 30, 2023 • Filed on Aug 03, 2023

3518 Fremont Ave N 303Seattle, WA 98103-8814

(206) 310-8573

Siviq Scores

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

Liabilities / Assets

67th percentile

0.01x

Higher debt load relative to assets than 67% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

76th percentile

0.04x

Higher debt load relative to revenue than 76% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

7th percentile

-84%

Higher net margin than 7% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

79th percentile

$2,707

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 3.7% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

23rd percentile

-20%

Faster asset growth than 23% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

44th percentile

-0.1%

Faster revenue growth than 44% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$234,195

Down $59,639 (-20%) from 2022

Net Assets

Down

$231,547

Down $62,026 (-21%) from 2022

Liabilities

Up

$2,648

Up $2,387 (+915%) from 2022

Revenue

Down

$73,949

Down $98 (-0.1%) from 2022

Expenses

Up

$135,975

Up $65,877 (+94%) from 2022

Net Income

Down

-$62,026

Down $65,975 (-1671%) from 2022

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2012: $216,964Liabilities 2012: $9,4602012Assets 2013: $229,955Liabilities 2013: $10,4162013Assets 2014: $231,782Liabilities 2014: $5,2092014Assets 2015: $307,336Liabilities 2015: $5,6072015Assets 2016: $295,309Liabilities 2016: $4,0662016Assets 2017: $269,633Liabilities 2017: $1,8662017Assets 2018: $268,475Liabilities 2018: $7,7662018Assets 2019: $261,283Liabilities 2019: $7,9332019Assets 2020: $282,714Liabilities 2020: $2,6002020Assets 2021: $289,665Liabilities 2021: $412021Assets 2022: $293,834Liabilities 2022: $261Net Assets 2022: $293,5732022Assets 2023: $234,195Liabilities 2023: $2,648Net Assets 2023: $231,5472023Assets 2024: $239,658Liabilities 2024: $5,2382024Assets 2025: $237,137Liabilities 2025: $0Net Assets 2025: $237,1372025

Highlighted filing

2023

Assets$234,195
Liabilities$2,648
Net Assets$231,547

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2012: $178,541Expenses 2012: $206,219Net Income 2012: -$27,6782012Revenue 2013: $81,824Expenses 2013: $69,789Net Income 2013: $12,0352013Revenue 2014: $92,071Expenses 2014: $85,037Net Income 2014: $7,0342014Revenue 2015: $176,951Expenses 2015: $101,795Net Income 2015: $75,1562015Revenue 2016: $60,807Expenses 2016: $71,293Net Income 2016: -$10,4862016Revenue 2017: $47,571Expenses 2017: $71,047Net Income 2017: -$23,4762017Revenue 2018: $59,358Expenses 2018: $66,416Net Income 2018: -$7,0582018Revenue 2019: $61,048Expenses 2019: $68,407Net Income 2019: -$7,3592019Revenue 2020: $99,204Expenses 2020: $72,440Net Income 2020: $26,7642020Revenue 2021: $46,385Expenses 2021: $36,875Net Income 2021: $9,5102021Revenue 2022: $74,047Expenses 2022: $70,098Net Income 2022: $3,9492022Revenue 2023: $73,949Expenses 2023: $135,975Net Income 2023: -$62,0262023Revenue 2024: $78,249Expenses 2024: $75,376Net Income 2024: $2,8732024Revenue 2025: $55,112Expenses 2025: $52,395Net Income 2025: $2,7172025

Highlighted filing

2023

Revenue$73,949
Expenses$135,975
Net Income-$62,026
Jump To
Filing Snapshot
Filing Period
May 1, 2022 to Apr 30, 2023
Signed
Aug 3, 2023
Return Version
2022v5.0
Gross Receipts
$73,949
Mission and Program Overview

Mission

Sail training, restoration and maintenance

Program Services

DescriptionGrantsExpenses
RESTORE, OPERATE AND MAINTAIN THE HISTORIC YACHT SCHOONER MARTHA. AN ESTIMATED 500 PEOPLE BOARDED THE SCHOONER MARTHA FOR TOURS IN '22/'23.$0$87,686
SAIL TRAINING PROVIDED TO ADULTS AND LOCAL DISTRICTS' AT-RISK YOUTH. SERVED 42 ADULTS/YOUTH IN FISCAL YEAR '22/'23.$0$47,685
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ROBERT D'ARCYExecutive DirectorPT$2,707-$2,707
SONIA FROJENDirectorPT$0--
ADAM HENLEYDirector-$0--
KRISTEN HUNTLEYTreasurer-$0--
KATHLEEN KNOBLOCKDirector-$0--
TODD KNOBLOCKDirector-$0--
PETER MARSHALLDirector-$0--
JANICE PEDERSENDirector-$0--
OLLIE PEDERSENDirector-$0--
Filing and Contact Details

Filer

Filer Name
Schooner Martha Foundation
EIN
91-1785967
Phone
2063108573
Address
3518 FREMONT AVE N 303, SEATTLE, WA 98103-8814

Signing Officer

Name
Kristen Huntley
Title
Treasurer
Phone
2063108573
Signed
2023-08-03
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

Description;Amount^Maintenance program;86378|Fuel;2070|Sail training program;2965|Exhibitions;597|Other;201^Total;92211^

Form 990-EZ, Part II, Line 24

Description;EOY Amount^Inventory;26485|Prepaid expenses;5645|Fixed assets;181685|Other;1864^Total;215679^

Form 990-EZ, Part II, Line 26

Description;EOY Amount^Accounts payable;248|Deferred revenue;2400^Total;2648^

Raw XML Appendix279 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description;EOY Amount^Inventory;26485|Prepaid expenses;5645|Fixed assets;181685|Other;1864^Total;215679^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description;EOY Amount^Accounts payable;248|Deferred revenue;2400^Total;2648^
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/LastSubmissionRqrOOBCd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd01
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Kristen Huntley
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum02063108573
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-08-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SCHOONER MARTHA FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0SCHO
ReturnHeader/Filer/EIN0911785967
ReturnHeader/Filer/PhoneNum02063108573
ReturnHeader/Filer/USAddress/AddressLine1Txt03518 FREMONT AVE N 303
ReturnHeader/Filer/USAddress/CityNm0SEATTLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WA
ReturnHeader/Filer/USAddress/ZIPCd0981038814
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/ReturnTs02023-08-03T19:26:41-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02022-05-01
ReturnHeader/TaxPeriodEndDt02023-04-30
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.37$0.00$2.37$0.55$0.52$0.03
2024Summary only. Only limited summary data is available for this year.$2.40$0.05$0.78$0.75$0.03
2023Detailed filing. Detailed filing data is available for this year.$2.34$0.03$2.32$0.74$1.36$0.62
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.94$0.00$2.94$0.74$0.70$0.04
2021Summary only. Only limited summary data is available for this year.$2.90$0.00$0.46$0.37$0.10
2020Summary only. Only limited summary data is available for this year.$2.83$0.03$0.99$0.72$0.27
2019Summary only. Only limited summary data is available for this year.$2.61$0.08$0.61$0.68$0.07
2018Summary only. Only limited summary data is available for this year.$2.68$0.08$0.59$0.66$0.07
2017Summary only. Only limited summary data is available for this year.$2.70$0.02$0.48$0.71$0.23
2016Summary only. Only limited summary data is available for this year.$2.95$0.04$0.61$0.71$0.10
2015Summary only. Only limited summary data is available for this year.$3.07$0.06$1.77$1.02$0.75
2014Summary only. Only limited summary data is available for this year.$2.32$0.05$0.92$0.85$0.07
2013Summary only. Only limited summary data is available for this year.$2.30$0.10$0.82$0.70$0.12
2012Summary only. Only limited summary data is available for this year.$2.17$0.09$1.79$2.06$0.28