Global Seafood Alliance Inc

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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

1997

Legal Domicile

Principal Officer

Michael Kocsis

Phone

6033175000

Tax Period

2023-01-01 to 2023-12-31

Global Seafood Alliance Inc, founded in 1997, is a mid-sized nonprofit in the Community Improvement sector that reported $19.1M in total revenue in fiscal year 2023.

Mission

GSA is a global non-governmental organization dedicated to advocacy, education and leadership for promoting responsible seafood practices.

Program Service Accomplishments

Program 1

The Global Seafood Alliance (GSA) is an international nongovernmental organization dedicated to advancing responsible seafood practices through education, advocacy and third-party assurances. GSA...

The Global Seafood Alliance (GSA) is an international nongovernmental organization dedicated to advancing responsible seafood practices through education, advocacy and third-party assurances. GSA envisions a world that embraces the role of responsible seafood in meeting global nutrition needs.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $44,685

Program Service Revenue $19,108,602

Investment Income $-9,819

Other Revenue $0

TOTAL REVENUE $19,143,468

Expense Breakdown

Grants Paid $6,800

Salaries & Benefits $6,377,223

Fundraising Expenses $0

Other Expenses $12,722,825

TOTAL EXPENSES $19,106,848

Year-over-Year Comparison

	2023	2022	Change
Revenue	$19,143,468	$19,168,465	0.0%
Expenses	$19,106,848	$17,957,047	+0.1%
Net Income	$36,620	$1,211,418	-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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$1,149,848

Total Directors

$977,207

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Allen Kimball	Director	10.00	Director	$84,000	$0	$84,000
Wallace Stevens	Executive Director/Board Chair	40.00	Officer Director	$425,096	$6,000	$431,096
Dr George W Chamberlain	President	40.00	Officer Director	$105,658	$15,752	$121,410
William Herzig	Board VP/Strategic Advisor	10.00	Officer Director	$84,000	$0	$84,000
Brian Perkins	CEO (end March 2023)	40.00	Officer Director	$240,926	$15,775	$256,701
Michael Berto	Director	1.00	Director	$0	$0	$0
Eric Bloom	Director	1.00	Director	$0	$0	$0
Rittirong Boonmechote	Director	1.00	Director	$0	$0	$0
Joe Chekouras	Director	1.00	Director	$0	$0	$0
Marcus Coleman	Director	1.00	Director	$0	$0	$0
Julie Decker	Director	1.00	Director	$0	$0	$0
Rick Doucet	Director	1.00	Director	$0	$0	$0
Tony Downs	Director	1.00	Director	$0	$0	$0
John Galiher	Director	1.00	Director	$0	$0	$0
Laura Garrido	Director	1.00	Director	$0	$0	$0
Robert Jones	Director	1.00	Director	$0	$0	$0
Santhana Krishnan	Director	1.00	Director	$0	$0	$0
Hannah Lindoff	Director	1.00	Director	$0	$0	$0
Arni Mathiessen	Director	1.00	Director	$0	$0	$0
Robins McIntosh	Director	1.00	Director	$0	$0	$0
Gorjan Nikolik	Director	1.00	Director	$0	$0	$0
Ron Patton	Director	1.00	Director	$0	$0	$0
Tom Pickerell	Director	1.00	Director	$0	$0	$0
Jeffrey Sedacca	Director (end March 2023)	1.00	Director	$0	$0	$0
Terry Stachowiak	Director	1.00	Director	$0	$0	$0
Jennifer Wandler	Director	1.00	Director	$0	$0	$0
William Clark	CFO/Treasurer	50.00	Officer	$205,895	$50,746	$256,641
Mike Kocsis	Chief Strategy Officer	40.00	Highest	$198,420	$29,154	$227,574
Steve Hart	SVP, Market Development	40.00	Highest	$198,137	$59,610	$257,747
Keiko Pasterczyk	Director of Operations	40.00	Highest	$172,424	$15,397	$187,821
Belinda Braley	Chief People Officer	40.00	Highest	$170,188	$47,253	$217,441
Chris Weeks	VP, Program Integrity	40.00	Highest	$146,022	$37,868	$183,890

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	$19,143,468	$19,106,848	$16,712,841	$36,620
2022	$19,240,550	$18,043,761	$13,454,422	$1,196,789
2022	$19,168,465	$17,957,047	$15,944,221	$1,211,418
2021	$18,069,243	$15,513,384	$12,670,167	$2,555,859
2021	$17,110,603	$15,707,805	$16,114,958	$1,402,798
2020	$12,681,879	$12,321,497	$10,118,153	$360,382
2019	$16,379,706	$16,294,769	$7,401,883	$84,937
2018	$15,887,468	$16,339,209	$7,390,154	$-451,741
2017	$12,534,201	$13,368,070	$7,258,078	$-833,869