Seafarers California Llc
Seafarers California Llc consistently generates significant surpluses with zero reported officer compensation.
EIN: 204227957 · Camp Springs, MD · NTEE: Y99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $255K |
| Total Expenses | $59K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $2.6 |
| Net Assets | $2.3M |
| Transparency Score | 90/100 |
Is Seafarers California Llc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Seafarers California Llc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Seafarers California Llc
Seafarers California Llc (EIN: 204227957) is a nonprofit organization based in Camp Springs, MD, classified under NTEE code Y99. The organization reported total revenue of $255K and total assets of $2.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Seafarers California Llc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Seafarers California Llc is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $198K |
| Total Expenses | $59K |
| Surplus / Deficit | +$139K |
| Total Assets | $2.7M |
| Total Liabilities | $340K |
| Net Assets | $2.3M |
| Operating Margin | 70.1% |
| Debt-to-Asset Ratio | 12.8% |
| Months of Reserves | 540.6 months |
Financial Health Grade: A
In 2023, Seafarers California Llc reported a surplus of $139K with revenue exceeding expenses, holds 540.6 months of operating reserves (strong position), has a debt-to-asset ratio of 12.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Seafarers California Llc's revenue has grown at a compound annual growth rate (CAGR) of 0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -6.7% | +3.4% | -0.3% |
| 2022 | -2.3% | +11.2% | -0.7% |
| 2021 | -4.3% | +0.6% | +-0.0% |
| 2020 | +0.0% | -32.0% | +1.2% |
| 2019 | -2.3% | +54.4% | +5.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Seafarers California Llc with a Mission Score of 90 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, Seafarers California Llc 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $139K, with revenue exceeding expenses.
- Debt-to-asset ratio: 12.8%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no salaries or benefits are paid to officers, which is highly unusual for an organization with assets exceeding $2.6 million.
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.
Red Flags
The following concerns were identified during AI analysis of Seafarers California Llc's IRS 990 filings:
- Broad NTEE code (Y99) makes specific mission assessment difficult
- Lack of detailed program spending breakdown in provided data
Strengths
The following positive indicators were identified for Seafarers California Llc:
- Consistent financial surpluses (e.g., $197,703 revenue vs. $59,175 expenses in 2023)
- Zero reported officer compensation across all filings
- Strong and stable asset base ($2,665,613 in 2023)
- Low expense ratio relative to revenue, indicating high efficiency
- Consistent financial health over multiple years
Frequently Asked Questions about Seafarers California Llc
Is Seafarers California Llc a legitimate charity?
Based on AI analysis of IRS 990 filings, Seafarers California Llc (EIN: 204227957) some concerns. Mission Score: 90/100. 2 red flags identified, 5 strengths noted.
How does Seafarers California Llc spend its money?
Seafarers California Llc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Seafarers California Llc tax-deductible?
Seafarers California Llc is registered as a tax-exempt nonprofit (EIN: 204227957). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Seafarers California Llc CEO make?
Seafarers California Llc's highest-compensated officer earns $2.6 annually. The organization reported $255K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Seafarers California Llc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Seafarers California Llc is above average for NTEE category Y99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Seafarers California Llc located?
Seafarers California Llc is headquartered in Camp Springs, Maryland and files with the IRS under EIN 204227957. It is classified under NTEE code Y99.
How many years of IRS 990 filings does Seafarers California Llc have?
Seafarers California Llc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $255K in total revenue.
Is Seafarers California Llc a good charity?
Financially, Seafarers California Llc appears to be a very well-managed organization with consistent surpluses and a strong asset base. The absence of officer compensation is a significant positive indicator of efficiency and dedication to its mission. However, without more specific details on its programs (due to the NTEE code Y99), it's hard to fully assess its programmatic impact.
What is the purpose of Seafarers California Llc given its NTEE code Y99?
The NTEE code Y99 indicates 'Unknown' or 'Other' category, which means the specific mission or purpose of Seafarers California Llc is not clearly defined by this code. Further investigation into their public mission statement or activities would be necessary to understand their exact work.
How does Seafarers California Llc manage to operate with zero officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization may be run by volunteers, or that compensation for leadership roles is covered by another entity, or structured in a way that isn't reported as officer compensation on the 990 form. This is a notable financial characteristic.
Filing History
IRS 990 filing history for Seafarers California Llc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Seafarers California Llc's revenue has grown by 2.5%, moving from $193K to $198K. Total assets decreased by 15.1% over the same period, from $3.1M to $2.7M. Total functional expenses fell by 34.3%, from $90K to $59K. In its most recent filing year (2023), Seafarers California Llc reported a surplus of $139K, with revenue exceeding expenses. The organization holds $340K in liabilities against $2.7M in assets (debt-to-asset ratio: 12.8%), resulting in net assets of $2.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $198K | $59K | $2.7M | $340K | — | — |
| 2022 | $212K | $57K | $2.7M | $348K | — | View 990 |
| 2021 | $217K | $51K | $2.7M | $366K | — | View 990 |
| 2020 | $227K | $51K | $2.7M | $367K | — | — |
| 2019 | $227K | $75K | $2.7M | $334K | — | — |
| 2018 | $232K | $49K | $2.5M | $192K | — | View 990 |
| 2017 | $244K | $48K | $3.2M | $203K | — | View 990 |
| 2016 | $157K | $5K | $3.2M | $161K | — | View 990 |
| 2015 | $220K | $97K | $3.2M | $132K | — | View 990 |
| 2014 | $218K | $90K | $3.2M | $137K | — | View 990 |
| 2013 | $215K | $96K | $3.2M | $128K | — | View 990 |
| 2012 | $193K | $93K | $3.1M | $110K | — | View 990 |
| 2011 | $193K | $90K | $3.1M | $114K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $198K, expenses of $59K, and assets of $2.7M (revenue -6.7% year-over-year).
- 2022: Revenue of $212K, expenses of $57K, and assets of $2.7M (revenue -2.3% year-over-year).
- 2021: Revenue of $217K, expenses of $51K, and assets of $2.7M (revenue -4.3% year-over-year).
- 2020: Revenue of $227K, expenses of $51K, and assets of $2.7M (revenue +0.0% year-over-year).
- 2019: Revenue of $227K, expenses of $75K, and assets of $2.7M (revenue -2.3% year-over-year).
- 2018: Revenue of $232K, expenses of $49K, and assets of $2.5M (revenue -5.0% year-over-year).
- 2017: Revenue of $244K, expenses of $48K, and assets of $3.2M (revenue +55.5% year-over-year).
- 2016: Revenue of $157K, expenses of $5K, and assets of $3.2M (revenue -28.7% year-over-year).
- 2015: Revenue of $220K, expenses of $97K, and assets of $3.2M (revenue +1.0% year-over-year).
- 2014: Revenue of $218K, expenses of $90K, and assets of $3.2M (revenue +1.6% year-over-year).
- 2013: Revenue of $215K, expenses of $96K, and assets of $3.2M (revenue +11.2% year-over-year).
- 2012: Revenue of $193K, expenses of $93K, and assets of $3.1M (revenue +0.0% year-over-year).
- 2011: Revenue of $193K, expenses of $90K, and assets of $3.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Seafarers California Llc:
Data Sources and Methodology
This transparency report for Seafarers California Llc 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.