SeaLegacy Foundation Inc (EIN 883386612) - 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

2022

Legal Domicile

Principal Officer

Ryan Kissick

Phone

5613868606

Tax Period

2024-01-01 to 2024-12-31

SeaLegacy Foundation Inc, founded in 2022, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2024. Revenue fell 46% from the prior year — a significant decline worth monitoring. Expenses of $2.1M exceeded revenue, resulting in a 66% operating deficit.

Mission

To inspire people to fall in love with the ocean, amplify a network of changemakers around the world, and catalyze hands-on diplomacy through hopeful, world-class visual storytelling.

🔒

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 $1,023,763

Program Service Revenue $236,000

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,259,763

Expense Breakdown

Grants Paid $155,015

Salaries & Benefits $753,794

Fundraising Expenses $90,650

Program Expenses $1,457,875

Other Expenses $1,180,664

TOTAL EXPENSES $2,089,473

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,259,763	$2,318,690	-0.5%
Expenses	$2,089,473	$2,372,153	-0.1%
Net Income	$-829,710	$-53,463	+14.5%

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

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
John Ryan Kissick	Board Chairman	3.00	Officer Director	$0	$0	$0
Jon McCormack	Treasurer	3.00	Officer Director	$0	$0	$0
Carolina Manhusen	Secretary	3.00	Officer Director	$0	$0	$0
James A Cooper	Director	3.00	Director	$0	$0	$0
Julia Jackson	Director	3.00	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	$1,259,763	$2,089,473	No data	$-829,710
2023	$2,318,690	$2,372,153	$1,492,747	$-53,463
2022	$1,326,487	$443,314	$1,095,426	$883,173

SeaLegacy Foundation Inc