VERMILION SEA INSTITUTE

EIN: 208381814 501(c)(3) Education

Seattle, WA

Total Revenue
$388,248
Total Expenses
$383,063
Total Assets
$33,085
Net Assets
$22,761
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
WA
Principal Officer
MEGHANN MCDONALD
Phone
6193166645
Tax Period
2024-01-01 to 2024-12-31

VERMILION SEA INSTITUTE, founded in 2006, is a small nonprofit in the Education sector that reported $388K in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion.

Mission

TO SUPPORT AND IMPLEMENT PROGRAMS THAT SUPPORT ECOLOGY, CULTURE AND EDUCATION.

Program Service Accomplishments

Program 1
Expenses: $13,057 Revenue: $0

Our marine debris prevention programs are driven by the leadership and participation of young people and community members. We are committed to improving our community and reducing waste in Baha de...

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Our marine debris prevention programs are driven by the leadership and participation of young people and community members. We are committed to improving our community and reducing waste in Baha de Los ngeles through the following projects. 1. We empower young people to take charge and lead efforts to reduce plastic waste and marine debris through public education, beach cleanups, data collection, and community-powered campaigns. These youth collect valuable data following NOAA protocols and contribute to global understanding of marine debris. Further, through hands-on collaboration with visitors, they empower others to do the same. 2.We improve our community and reduce waste through the creation, operation, and continuous development of a specialized community recycling center. Our newly acquired, specialized, machines efficiently process post-consumer plastics, providing a more sustainable solution to plastic waste management. We prioritize community engagement and a circular economy, striving to maximize the impact of our recycling efforts and reduce the amount of waste that ends up in our local desert and oceans.

Program 2
Expenses: $301,076 Revenue: $0

The organization facilitated inquiry-based field studies in desert and marine ecosystems for educational groups at two field stations in Baja California. In 2024, 214 students and science researchers...

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The organization facilitated inquiry-based field studies in desert and marine ecosystems for educational groups at two field stations in Baja California. In 2024, 214 students and science researchers participated in the programs. The organization developed, conducted, coordinated, and facilitated programs to provide hands-on learning experiences for universities, schools, and other educational groups. The programs aimed to enhance understanding and appreciation of the ecosystems, promote scientific inquiry, and inspire creation of other change initiatives in visitors own communities.

Program 3
Expenses: $42,212 Revenue: $0

We offer participant-driven educational curricula and outdoor education activities to underserved local students of color, focusing on developing water exploration skills, self-care, team building...

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We offer participant-driven educational curricula and outdoor education activities to underserved local students of color, focusing on developing water exploration skills, self-care, team building, leadership, and conservation skills. In 2024, 94 students participated in these programs, which help to instill conservation-related values and protect the environment for future generations. Additionally, 707 different community members participated in 33 youth organized community events.

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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 (2024)

Revenue Breakdown

Contributions & Grants $91,959
Program Service Revenue $287,718
Investment Income $8,571
Other Revenue $0
TOTAL REVENUE $388,248

Expense Breakdown

Grants Paid $0
Salaries & Benefits $140,164
Fundraising Expenses $13,431
Program Expenses $356,345
Other Expenses $242,899
TOTAL EXPENSES $383,063

Year-over-Year Comparison

2024 2023 Change
Revenue $388,248 $358,659 +0.1%
Expenses $383,063 $496,283 -0.2%
Net Income $5,185 $-137,624 -1.0%
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

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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
8
Employees
3
Volunteers
40

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
4
$31,340
Total Directors
9
$31,340
Key Employees
1
$31,340
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Meghann McDonald Exeutive Director & Treasurer 40.00
Officer Director Key Emp
$31,340 $0 $31,340
Aaron Hirsch Director 1.00
Director
$0 $0 $0
Veronica Volny Secretary 1.00
Officer Director
$0 $0 $0
Autumn Moore - Barkus Chair 1.00
Officer Director
$0 $0 $0
T'Noya Thompson Vice President 1.00
Officer Director
$0 $0 $0
Jose Pareja Director 1.00
Director
$0 $0 $0
D Graham Burnett Director 1.00
Director
$0 $0 $0
Olivia Walton Director 1.00
Director
$0 $0 $0
Graig Corvelyn Director 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 $388,248 $383,063 $33,085 $5,185
2023 $358,659 $496,283 $32,091 $-137,624
2022 $315,660 $372,731 $158,444 $-57,071
2021 $305,376 $253,823 $215,050 $51,553
2020 $155,693 $181,984 $165,150 $-26,291
2019 $579,585 $578,933 $189,556 $652
2018 $330,266 $289,506 $191,196 $40,760
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