Sea Tow Foundation Inc
- Assets
- $106.4k
- Revenue
- $244.3k
- Investments
- $0.0
- Employees
- 2
- Location
- Southold, NY
- Founding
- 09/2007
- Data as of
- 12/2021
- EIN
- 20-5876631
Organization Overview
Sea Tow Foundation Inc is located in Southold, NY. The organization was established in 2007. According to its NTEE Classification (M40) the organization is classified as: Safety Education, under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. As of 12/2021, Sea Tow Foundation Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sea Tow Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Sea Tow Foundation Inc generated $244.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $366.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE SAFE BOATING PRACTICES
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SEA TOW FOUNDATION A 501(C)(3) NONPROFIT ORGANIZATION - WAS ESTABLISHED IN 2007 TO PROVIDE ACCESS TO EDUCATION, TOOLS AND RESOURCES IN ORDER TO PROMOTE SAFE AND RESPONSIBLE BOATING. THROUGH THE FOUNDATION'S LIFE JACKET LOANER PROGRAM, MORE THAN 83,000 LIFE JACKETS ARE AVAILABLE TO BORROW AND RETURN FREE OF CHARGE TO PREVENT DROWNING AT OVER 950 LIFE JACKET LOANER STATIONS LOCATED ACROSS THE UNITED STATES. THE SEA TOW FOUNDATION'S SOBER SKIPPER CAMPAIGN AIMS TO ELIMINATE BOATING UNDER THE INFLUENCE ACCIDENTS BY ENCOURAGING BOATERS TO BE OR DESIGNATE A SOBER SKIPPER BEFORE EACH BOATING TRIP. SOBER SKIPPER CAMPAIGN CONTINUED TO FIND MORE GROUPS USING THE MATERIALS ACCROSS THE COUNTRY RESULTING IN OVER 100,000 PEOPLE WHO HAVE TAKEN THE SOBER SKIPPER PLEDGE TO DATE. RESEARCH CONDUCTED BY THE SEA TOW FOUNDATION SHOWS THAT MOST STATES DON'T HAVE FLARE DISPOSAL OPTIONS DUE TO HIGH COSTS TO MAINTAIN AND RUN THE PROGRAMS AND THE SEA TOW FOUNDATION WAS AWARDED A NEW GRANT TO HELP EDUCATE BOATERS ON THE EXISTENCE OF ELECTRONIC FLARES THAT CAN REPLACE THE MORE TYPICAL PYROTECHNIC FLARES. FOR MORE INFORMATION ABOUT THESE PROGRAMS AND OTHERS, PLEASE VISIT BOATINGSAFETY.COM
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristen Frohnhoefer President | OfficerTrustee | 3 | $0 |
Ken Cirillo Secretary | OfficerTrustee | 1 | $0 |
Patrizia Zanaboni Treasurer | OfficerTrustee | 3 | $0 |
Joseph Frohnhoefer III Director | Trustee | 1 | $0 |
Bob Cangemi Director | Trustee | 1 | $0 |
Kerry Kline Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $110,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $134,309 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $244,309 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $244,309 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $88,875 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $24,231 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $16,519 |
| Advertising and promotion | $0 |
| Office expenses | $6,020 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,440 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,600 |
| All other expenses | $16,005 |
| Total functional expenses | $366,606 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $105,111 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $1,333 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $106,444 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $106,444 |
| Total liabilities and net assets/fund balances | $106,444 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Sea Tow Foundation Inc has recieved totaling $73.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $73 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Keep Them Safe Foundation Inc Brooklyn, NY | $7,556,838 | $4,562,410 |
International Isocyanate Institute Inc Mountain Lakes, NJ | $4,447,696 | $4,975,099 |
Rostraver West Newton Ems Belle Vernon, PA | $4,144,119 | $3,922,613 |
National Council For Occupational Safety And Health Somerville, MA | $1,351,625 | $1,436,200 |
Delaware Valley Safety Council Inc Swedesboro, NJ | $588,664 | $884,015 |
American Maritime Safety Inc White Plains, NY | $538,126 | $774,599 |
Brain Injury Association Of Pennsylvania Inc Chambersburg, PA | $364,691 | $858,546 |
Garbo Technology Corp New York, NY | $865,272 | $1,420,251 |
Lancaster Community Safety Coalition Lancaster, PA | $1,590,330 | $1,480,108 |
Home Fire Sprinkler Coalition Inc Quincy, MA | $236,056 | $549,156 |
Mlac Inc Pittsburgh, PA | $512,292 | $585,892 |
Soufan Center Inc New York, NY | $430,010 | $914,871 |