Sea Devils

Sea Devils maintains stable finances with volunteer leadership and consistent operational activity.

EIN: 204380756 · Saint Michael, MN · NTEE: O50 · Updated: 2026-03-28

$315KRevenue

$174KAssets

85/100Mission Score (Excellent)

O50

About Sea Devils

Sea Devils (EIN: 204380756) is a nonprofit organization based in Saint Michael, MN, classified under NTEE code O50. The organization reported total revenue of $315K and total assets of $174K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sea Devils's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Sea Devils demonstrates consistent financial activity, with revenues and expenses generally balancing out over the past decade, hovering around the $300,000-$400,000 range. In the latest filing (2023), the organization reported revenues of $314,799 against expenses of $317,662, indicating a slight operational deficit. Assets have shown steady growth, reaching $174,146 in 2023, while liabilities remain low at $5,384, suggesting a healthy balance sheet. The organization's transparency is bolstered by its consistent filing of IRS Form 990s, with 13 filings available, providing a clear historical financial picture. A notable strength is the reported 0% officer compensation across all available filings, which indicates that leadership is likely volunteer-based or compensated through other means not classified as officer compensation, potentially allowing more funds to be directed towards programs.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Sea Devils with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 10%
programs: 90%
fundraising: 0%

According to IRS 990 filings, Sea Devils allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is likely volunteer-based, which is a positive sign for resource allocation to its mission.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Strengths

The following positive indicators were identified for Sea Devils:

Consistent financial stability with revenues and expenses balancing out over time.
Zero reported officer compensation across all filings, indicating volunteer leadership or highly efficient compensation practices.
Low liabilities relative to assets, demonstrating a healthy balance sheet ($5,384 liabilities vs. $174,146 assets in 2023).
Strong historical transparency with 13 IRS 990 filings available.
Steady asset growth over the past decade.

Frequently Asked Questions about Sea Devils

Is Sea Devils a good charity?

Based on the available data, Sea Devils appears to be a well-managed organization with stable finances, low liabilities, and a strong commitment to directing resources to its mission, evidenced by 0% officer compensation and consistent operational spending.

How has Sea Devils' financial health changed over time?

Sea Devils has maintained a remarkably stable financial profile over the past decade, with revenues and expenses consistently in the $300,000-$400,000 range. Assets have shown a gradual increase from $153,439 in 2014 to $174,146 in 2023, while liabilities have remained low.

What is the organization's approach to executive compensation?

The organization reports 0% officer compensation in all available IRS 990 filings, suggesting that its leadership is entirely volunteer-based or compensated through non-officer roles, which is highly efficient for a nonprofit of its size.

Filing History

IRS 990 filing history for Sea Devils showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Sea Devils's revenue has grown by 12.7%, moving from $279K to $315K. Total assets increased by 38.7% over the same period, from $126K to $174K. Total functional expenses rose by 16.9%, from $272K to $318K. In its most recent filing year (2023), Sea Devils reported a deficit of $3K, with expenses exceeding revenue. The organization holds $5K in liabilities against $174K in assets (debt-to-asset ratio: 3.1%), resulting in net assets of $169K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$315K	$318K	$174K	$5K	—	—
2022	$294K	$289K	$176K	$4K	—	View 990
2021	$307K	$277K	$167K	$34	—	View 990
2020	$253K	$254K	$138K	$28	—	View 990
2019	$335K	$315K	$138K	$36	—	View 990
2018	$316K	$318K	$132K	$13K	—	View 990
2017	$323K	$324K	$133K	$13K	—	View 990
2016	$318K	$358K	$121K	$5K	—	View 990
2015	$361K	$349K	$163K	$7K	—	View 990
2014	$408K	$398K	$153K	$9K	—	View 990
2013	$403K	$400K	$135K	$0	—	View 990
2012	$359K	$356K	$130K	$0	—	View 990
2011	$279K	$272K	$126K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $315K, expenses of $318K, and assets of $174K (revenue +7.2% year-over-year).
2022: Revenue of $294K, expenses of $289K, and assets of $176K (revenue -4.3% year-over-year).
2021: Revenue of $307K, expenses of $277K, and assets of $167K (revenue +21.3% year-over-year).
2020: Revenue of $253K, expenses of $254K, and assets of $138K (revenue -24.6% year-over-year).
2019: Revenue of $335K, expenses of $315K, and assets of $138K (revenue +6.2% year-over-year).
2018: Revenue of $316K, expenses of $318K, and assets of $132K (revenue -2.2% year-over-year).
2017: Revenue of $323K, expenses of $324K, and assets of $133K (revenue +1.4% year-over-year).
2016: Revenue of $318K, expenses of $358K, and assets of $121K (revenue -11.8% year-over-year).
2015: Revenue of $361K, expenses of $349K, and assets of $163K (revenue -11.6% year-over-year).
2014: Revenue of $408K, expenses of $398K, and assets of $153K (revenue +1.3% year-over-year).
2013: Revenue of $403K, expenses of $400K, and assets of $135K (revenue +12.2% year-over-year).
2012: Revenue of $359K, expenses of $356K, and assets of $130K (revenue +28.6% year-over-year).
2011: Revenue of $279K, expenses of $272K, and assets of $126K.

Data Sources and Methodology

This transparency report for Sea Devils is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.