SEACOAST CHARTER SCHOOL

EIN: 200645885 501(c)(3) Education

DOVER, NH

Total Revenue
$3,994,635
Total Expenses
$3,681,716
Total Assets
$3,500,391
Net Assets
$2,388,195
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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
NH
Principal Officer
SHANNON KEYES
Phone
6038425764
Tax Period
2024-07-01 to 2025-06-30

SEACOAST CHARTER SCHOOL, founded in 2004, is a community nonprofit in the Education sector that reported $4.0M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $3.7M left a modest 8% surplus.

Mission

THE SEACOAST CHARTER SCHOOL IS A PUBLICLY FUNDED ELEMENTARY AND MIDDLE SCHOOL, UNIQUELY FOCUSED ON EXPERIENCING EDUCATION THROUGH THE ARTS. THE SCHOOL WAS FOUNDED IN 2004. WE ACKNOWLEDGE THAT EVERY DAY PROVIDES US OPPORTUNITY TO LEARN AND AS WE EVOLVE, OUR FOCUS IS NOT ONLY TO PROVIDE A NURTURING ENVIRONMENT FOR OUR CHILDREN, BUT ALSO GROW THE CONNECTIONS WITH THE LOCAL COMMUNITIES WE SERVE. THE MISSION OF THE SEACOAST CHARTER SCHOOL IS TO PROVIDE EXCELLENCE IN CORE ACADEMICS AND THE ARTS WHILE CULTIVATING THE INDIVIDUAL QUALITIES AND STRENGTHS OF EACH CHILD. AT THE SEACOAST CHARTER SCHOOL, ARTS AND ACADEMICS GO HAND IN HAND. WE BELIEVE THAT THE ARTS BRING US JOY, AND WHEN WE FEEL JOY, WE LEARN MORE DEEPLY AND EFFECTIVELY. THROUGH A RICH AND VARIED ARTS PROGRAM, OUR STUDENTS LEARN TO LOOK CLOSELY, LISTEN CAREFULLY, RESPOND THOUGHTFULLY AND WORK COLLLABORATIVELY. OPPORTUNITES FOR CREATIVE EXPRESSION AND INDEPENDENT THINKING ARE AN INTEGRAL PART OF OUR RIGOROUS ACADEMIC PROGRAM. THE COMB

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,156,659
Program Service Revenue $732,864
Investment Income $34,534
Other Revenue $70,578
TOTAL REVENUE $3,994,635

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,720,241
Fundraising Expenses $30,774
Program Expenses $2,957,497
Other Expenses $961,475
TOTAL EXPENSES $3,681,716

Year-over-Year Comparison

2024 2023 Change
Revenue $3,994,635 $3,652,571 +0.1%
Expenses $3,681,716 $3,213,438 +0.1%
Net Income $312,919 $439,133 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
11
Independent Members
11
Employees
62
Volunteers
24

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$122,347
Total Directors
12
$373,837
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NICOLE OUTSEN HEAD OF SCHO 40.00
Officer Director
$98,000 $24,347 $122,347
THERESA STATCHOW BOARD MEMBER 40.00
Director
$96,423 $24,037 $120,460
MAEGAN ADAMS BOARD MEMBER 40.00
Director
$52,313 $15,374 $67,687
DAVE HILBERT BOARD MEMBER 40.00
Director
$48,682 $14,661 $63,343
KATHY GOODELL BOARD MEMBER 5.00
Director
$0 $0 $0
SHANNON KEYES BOARD CHAIR 5.00
Officer Director
$0 $0 $0
DENNIS MCCANN BOARD MEMBER 5.00
Director
$0 $0 $0
JASON PETRUNO BOARD MEMBER 5.00
Director
$0 $0 $0
CHAD ROBERGE TREASURER 5.00
Officer Director
$0 $0 $0
ALICIA SPATES BOARD MEMBER 5.00
Director
$0 $0 $0
PETER SWEET BOARD MEMBER 5.00
Director
$0 $0 $0
HEATHER WARD BOARD MEMBER 5.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $3,994,635 $3,681,716 $3,500,391 $312,919
2024 $3,652,571 $3,213,438 $3,196,590 $439,133
2023 $3,143,010 $2,963,045 $2,639,798 $179,965
2022 $2,906,987 $2,796,906 $2,503,351 $110,081
2021 $3,086,963 $2,597,723 $2,360,020 $489,240
2020 $2,746,491 $2,722,408 $2,427,096 $24,083
2019 $2,844,893 $2,652,557 $2,077,721 $192,336
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