Civic Intelligence

The Seahorse Foundation Inc

EIN 92-0495583 • 501(c)3 • Cortland, NY

Pub. 78 EligibleNTEE S20

Profile

To support the completion, operation, maintenance and possible future expansion of school houses in zihuatanejo, mexico and elsewhere for students with disabilities.

2112 Kypriotis DriveCortland, NY 13045

www.seahorsefoundations.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

72nd percentile

32%

Higher net margin than 72% of similar nonprofits.

NTEE S20 • <$500k nonprofits • Source year 2024

Top Officer Pay

85th percentile

$0

Higher top officer pay than 85% of similar nonprofits.

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

NTEE S20 • <$500k nonprofits • Source year 2024

Asset Growth

96th percentile

413%

Faster asset growth than 96% of similar nonprofits.

NTEE S20 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

88th percentile

115%

Faster revenue growth than 88% of similar nonprofits.

NTEE S20 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$33,158

Up $26,689 (+413%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$33,158

Up $26,689 (+413%) from 2023

Operations
Liabilities / RevenueScore unavailableNet Margin72nd percentile

Revenue

Up

$82,292

Up $43,944 (+115%) from 2023

Expenses

Up

$55,603

Up $23,723 (+74%) from 2023

Net Income

Up

$26,689

Up $20,221 (+313%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth96th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40K$30K$20K$10K$0Assets 2022: $6,575Net Assets 2022: $6,5752022Assets 2023: $6,469Net Assets 2023: $6,4692023Assets 2024: $33,158Net Assets 2024: $33,1582024

Highlighted filing

2024

Assets$33,158
Liabilities-
Net Assets$33,158
Open 2024 Filing

Operations Trend

Revenue Growth88th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0Revenue 2022: $53,835Expenses 2022: $47,260Net Income 2022: $6,5752022Revenue 2023: $38,348Expenses 2023: $31,880Net Income 2023: $6,4682023Revenue 2024: $82,292Expenses 2024: $55,603Net Income 2024: $26,6892024

Highlighted filing

2024

Revenue$82,292
Expenses$55,603
Net Income$26,689
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$33,158
Liabilities
-
Net assets
$33,158
Revenue
$82,292
Expenses
$55,603
Net income
$26,689
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$33.2$33.2$82.3$55.6$26.7
2023Detailed filing. Detailed filing data is available for this year.$6.47$6.47$38.3$31.9$6.47
2022Detailed filing. Detailed filing data is available for this year.$6.58$6.58$53.8$47.3$6.58
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 15, 2025
Return Version
2024v5.1
Gross Receipts
$82,292
Mission and Program Overview

Mission

To support the completion, operation, maintenance and possible future expansion of school houses in zihuatanejo, mexico and elsewhere for students with disabilities.to provide financial support to paralympic athletes to help cover training, travel, and other competition-related expenses.

Program Services

DescriptionGrantsExpenses
TO PROVIDE FINANCIAL SUPPORT TO PARALYMPIC ATHLETES TO HELP COVER TRAINING, TRAVEL, AND OTHER COMPETITION-RELATED EXPENSES.$36,293$36,324
TO SUPPORT THE COMPLETION, OPERATION, MAINTENANCE AND POSSIBLE FUTURE EXPANSION OF SCHOOL HOUSES IN ZIHUATANEJO, MEXICO AND ELSEWHERE FOR STUDENTS WITH DISABILITIES.$15,300$15,552
Compensation and Service Providers
Top Officer Pay85th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
LOGAN KNOWLESSecretary-$0--
CHRISTOPHER PAULSENPresident-$0--
MICHAEL PRICEDirector-$0--
RUSSEL PAULSENDirector-$0--
Filing and Contact Details

Filer

Filer Name
The Seahorse Foundation Inc
EIN
92-0495583
Phone
5702371276
Address
2112 KYPRIOTIS DRIVE, CORTLAND, NY 13045

Signing Officer

Name
Christopher Paulsen
Title
President
Signed
2025-05-15
Discuss with paid preparer
Yes

Preparer

Firm
Piaker & Lyons PC
Address
PO Box 1330, Binghamton, NY 13902
Preparer
Eric J Rouse
Phone
6077299373
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.1

“| Donee's Name: THE SEAHORSE SCHOOL | Donee's Address: CALLE JUAN MANUEL HERRERA MZA LT 24 ZIHUATANEJO GUERRERO Mexico | Cash Amount Given: $15300”

Grants and Similar Amounts Paid In Excess of $5,000.2

“| Donee's Name: LOGAN KNOWLES | Donee's Address: 67 HILLVIEW DR BIG FLATS NY 14814 | Relationship of Donee: DIRECTOR | Cash Amount Given: $32279”

Other Expenses.1

“BANK FEES $278”

Other Expenses.2

“NYS FILING FEE $50”

Other Expenses.3

“WEBSITE $32”

Activities Not Previously Reported to the IRS

“Provide financial support to paralympic athletes to help cover training, travel, and other competition-related expenses.”

Raw XML Appendix154 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0true
IRS990EZ/BooksInCareOfDetail/PersonNm0CHRISTOPHER PAULSEN
IRS990EZ/BooksInCareOfDetail/PhoneNum05702371276
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02112 KYPRIOTIS DRIVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CORTLAND
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd013045
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt06469
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt033158
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt082291
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt026689
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt03650
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt06469
IRS990EZ/Form990TotalAssetsGrp/EOYAmt033158
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt051593
IRS990EZ/GrossReceiptsAmt082292
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InvestmentIncomeAmt01
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt06469
IRS990EZ/NetAssetsOrFundBalancesEOYAmt033158
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt06469
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt033158
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt14.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0LOGAN KNOWLES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1CHRISTOPHER PAULSEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MICHAEL PRICE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3RUSSEL PAULSEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt0360
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO SUPPORT THE COMPLETION, OPERATION, MAINTENANCE AND POSSIBLE FUTURE EXPANSION OF SCHOOL HOUSES IN ZIHUATANEJO, MEXICO AND ELSEWHERE FOR STUDENTS WITH DISABILITIES.TO PROVIDE FINANCIAL SUPPORT TO PARALYMPIC ATHLETES TO HELP COVER TRAINING, TRAVEL, AND OTHER COMPETITION-RELATED EXPENSES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO SUPPORT THE COMPLETION, OPERATION, MAINTENANCE AND POSSIBLE FUTURE EXPANSION OF SCHOOL HOUSES IN ZIHUATANEJO, MEXICO AND ELSEWHERE FOR STUDENTS WITH DISABILITIES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1TO PROVIDE FINANCIAL SUPPORT TO PARALYMPIC ATHLETES TO HELP COVER TRAINING, TRAVEL, AND OTHER COMPETITION-RELATED EXPENSES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ForeignGrantsInd0X
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt015300
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt136293
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt015552
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt136324
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt055603
IRS990EZ/TotalProgramServiceExpensesAmt051876
IRS990EZ/TotalRevenueAmt082292
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.seahorsefoundations.org
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt082291
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt038348
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt053835
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0174474
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt0174474
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt082291
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt038348
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt053835
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0174474
IRS990ScheduleA/TotalSupportAmt0174475
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Donee's Name: THE SEAHORSE SCHOOL | Donee's Address: CALLE JUAN MANUEL HERRERA MZA LT 24 ZIHUATANEJO GUERRERO Mexico | Cash Amount Given: $15300
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Donee's Name: LOGAN KNOWLES | Donee's Address: 67 HILLVIEW DR BIG FLATS NY 14814 | Relationship of Donee: DIRECTOR | Cash Amount Given: $32279
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BANK FEES $278
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NYS FILING FEE $50
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4WEBSITE $32
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PROVIDE FINANCIAL SUPPORT TO PARALYMPIC ATHLETES TO HELP COVER TRAINING, TRAVEL, AND OTHER COMPETITION-RELATED EXPENSES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Grants and Similar Amounts Paid In Excess of $5,000.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Activities Not Previously Reported to the IRS
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CHRISTOPHER PAULSEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE SEAHORSE FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0SEAH
ReturnHeader/Filer/EIN0920495583
ReturnHeader/Filer/PhoneNum05702371276
ReturnHeader/Filer/USAddress/AddressLine1Txt02112 KYPRIOTIS DRIVE
ReturnHeader/Filer/USAddress/CityNm0CORTLAND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd013045
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0161152552
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Piaker & Lyons PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 1330
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Binghamton
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd013902
ReturnHeader/PreparerPersonGrp/PhoneNum06077299373
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Eric J Rouse
ReturnHeader/ReturnTs02025-05-15T08:24:59-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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