SEACHANGE CAPITAL PARTNERS INC

EIN: 205124665 501(c)(3) Philanthropy & Grantmaking

NEW YORK, NY

Total Revenue
$4,050,128
Total Expenses
$3,112,459
Total Assets
$8,914,155
Net Assets
$7,477,199
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
DE
Phone
8448697842
Tax Period
2023-01-01 to 2023-12-31

SEACHANGE CAPITAL PARTNERS INC, founded in 2006, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $4.1M in total revenue in fiscal year 2023. Revenue surged 59% from the prior year, signaling strong growth momentum. The organization ran a surplus of $938K, a strong 23% operating margin.

Mission

SEACHANGE SUPPORTS NONPROFITS FACING COMPLEX FINANCIAL AND ORGANIZATIONAL CHALLENGES. WE DO THIS WITH GRANTS, LOANS, CONSULTING, AND RESEARCH TO EDUCATE NONPROFITS, FUNDERS, AND OTHER STAKEHOLDERS. SEACHANGE ALSO WORKS TO BUILD EFFECTIVE CONNECTIONS BETWEEN FUNDERS AND NONPROFITS ON THE ASSOCIATED ISSUES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,584,275
Program Service Revenue $418,953
Investment Income $30,127
Other Revenue $16,773
TOTAL REVENUE $4,050,128

Expense Breakdown

Grants Paid $1,624,813
Salaries & Benefits $950,588
Fundraising Expenses $30,374
Program Expenses $2,753,566
Other Expenses $537,058
TOTAL EXPENSES $3,112,459

Year-over-Year Comparison

2023 2022 Change
Revenue $4,050,128 $2,543,842 +0.6%
Expenses $3,112,459 $2,229,360 +0.4%
Net Income $937,669 $314,482 +2.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
11
Independent Members
10
Employees
8
Volunteers
10

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
5
$286,742
Total Directors
11
$198,142
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN MACINTOSH MNG PARTNER 40.00
Officer Director
$198,142 $0 $198,142
TAJREENA TABASSOOM PARTNER 40.00
$175,717 $0 $175,717
ALEX VOLPICELLO Secretary 40.00
Officer
$88,600 $0 $88,600
AARON SIEGEL Trustee 1.00
Director
$0 $0 $0
MARK E REED III CO-CHAIR 10.00
Officer Director
$0 $0 $0
VALARIE GAY Trustee 1.00
Director
$0 $0 $0
W BOWMAN CUTTER Trustee 1.00
Director
$0 $0 $0
GEORGIA LEVENSON KEOHANE Trustee 1.00
Director
$0 $0 $0
Tata Traor-Rogers Trustee 1.00
Officer Director
$0 $0 $0
MARGARET CROTTY CO-CHAIR 1.00
Director
$0 $0 $0
TAYLOR KUSHNER Treasurer 1.00
Officer Director
$0 $0 $0
FRANK LIU Trustee 1.00
Director
$0 $0 $0
SISTER PAULETTE LOMONACO Trustee 1.00
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
2024 No data No data No data No data
2023 $4,050,128 $3,112,459 $8,914,155 $937,669
2022 $2,543,842 $2,229,360 $9,672,602 $314,482
2021 $3,346,327 $2,257,866 $7,639,447 $1,088,461
2020 $4,681,480 $2,138,800 $6,311,379 $2,542,680
2019 $1,951,548 $2,103,309 $2,925,144 $-151,761
2018 $1,775,844 $1,827,746 $2,790,296 $-51,902
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