Seawinds Charity Inc

EIN: 262589183 501(c)(3)

Norwell, MA

Total Revenue
$33,339
Total Expenses
$63,445
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
MA
Principal Officer
Pamela F Awde
Phone
7815451112
Tax Period
2020-01-01 to 2020-12-31

Seawinds Charity Inc, founded in 2008, is a micro nonprofit that reported $33K in total revenue in fiscal year 2020. Revenue fell 83% from the prior year — a significant decline worth monitoring. Expenses of $63K exceeded revenue, resulting in a 90% operating deficit.

Mission

Organizations operates consignment shop staffed by senior town volunteers

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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 (2020)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $33,339
Investment Income $0
Other Revenue $0
TOTAL REVENUE $33,339

Expense Breakdown

Grants Paid $2,419
Salaries & Benefits $15,089
Fundraising Expenses $0
Program Expenses $59,463
Other Expenses $45,937
TOTAL EXPENSES $63,445

Year-over-Year Comparison

2020 2019 Change
Revenue $33,339 $197,477 -0.8%
Expenses $63,445 $198,654 -0.7%
Net Income $-30,106 $-1,177 +24.6%
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
4
Independent Members
N/A
Employees
N/A
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
2
$11,077
Total Directors
2
$2,700
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ernest J Grassey VP & Board of Directors 5.00
Director
$0 $0 $0
Betty Brabazon Director 10.00
Director
$2,700 $0 $2,700
Lillian Powers Secretary 10.00
Officer
$0 $0 $0
Pamela Awde President 40.00
Officer
$11,077 $0 $11,077
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
2020 $33,339 $63,445 No data $-30,106
2019 $197,477 $198,654 $31,375 $-1,177
2018 $203,251 $207,061 $32,401 $-3,810
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