SEAS FOUNDATION LTD (EIN 270868173) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2009

Legal Domicile

Principal Officer

ERIC ZUFELT

Phone

9204578609

Tax Period

2024-01-01 to 2024-12-31

SEAS FOUNDATION LTD, founded in 2009, is a community nonprofit in the Recreation & Sports sector that reported $1.6M in total revenue in fiscal year 2024. Revenue surged 163% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.5M, a strong 99% operating margin.

Mission

TO RECEIVE AND ADMINISTER FUNDS FOR THE SUPPORT OF SAILING EDUCATION ASSOCIATION OF SHEBOYGAN INC AND SCIENTIFIC, EDUCATIONAL AND CHARITABLE PURPOSES AS IT RELATES TO SAILING EDUCATION ASSOCIATION OF SHEBOYGAN INC.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,353,000

Program Service Revenue $0

Investment Income $202,084

Other Revenue $0

TOTAL REVENUE $1,555,084

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $13,288

TOTAL EXPENSES $13,288

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,555,084	$590,333	+1.6%
Expenses	$13,288	$8,890	+0.5%
Net Income	$1,541,796	$581,443	+1.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERIC ZUFELT	PRESIDENT/TR	0.10	Officer Director	$0	$0	$0
JASON BEMIS	DIRECTOR	0.10	Director	$0	$0	$0
ADAM BROTZ	DIRECTOR	0.10	Director	$0	$0	$0
JAMES TESTWUIDE	DIRECTOR	0.10	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	$1,555,084	$13,288	$4,031,295	$1,541,796
2023	$590,333	$8,890	$2,447,039	$581,443
2022	$105,186	$12,492	$1,632,095	$92,694
2021	$199,390	$17,615	$1,979,236	$181,775
2020	$138,367	$15,634	$1,783,414	$122,733
2019	$87,206	$13,487	$1,538,911	$73,719
2018	$123,735	$14,449	$1,277,377	$109,286

SEAS FOUNDATION LTD