Alexandria Seaport Foundation

Organization Overview

Alexandria Seaport Foundation is located in Alexandria, VA. The organization was established in 1982. As of 09/2021, Alexandria Seaport Foundation employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alexandria Seaport Foundation 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 09/2021, Alexandria Seaport Foundation generated $609.2k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $683.7k during the year ending 09/2021. While expenses have increased by 4.0% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THROUGH THE BUILDING AND USE OF WOODEN BOATS, ASF HELPS YOUNG PEOPLE TURN THEIR LIVES AROUND AND PROVIDE FAMILIES, COMMUNITY GROUPS AND SCHOOLS WITH MEANINGFUL EDUCATIONAL AND SOCIAL EXPERIENCES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

APPRENTICE PROGRAM - PROVIDE YOUNG MEN AND WOMEN, AGES 17-23, WITH SKILLS NECESSARY TO BECOME INDEPENDENT, PRODUCTIVE ADULTS. THIS IS A FULL-TIME PAID PROGRAM LASTING APPROXIMATELY 8-10 MONTHS.


COMMISSION PROJECTS - COMMISSION PROJECTS ARE A TRAINING GROUND FOR APPRENTICES. THE PROJECTS INCLUDE NEW BOAT CONTSTRUCTION, BOAT REPAIR AND OTHER CARPENTRY PROJECTS


COMMUNITY OUTREACH - ACTIVITIES DESIGNED TO CONNECT WITH THE COMMUNITY, HONOR ALEXANDRIA'S MARITIME HERITAGE AND ACTIVATE THE LOCAL WATERFRONT.


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Board, Officers & Key Employees

Name (title)Compensation
Kathy Seifert
Executive Director
$112,671
Helen Morris
Chair
$0
Janet Blair-Fleetwood
Treasurer
$0
Tracy Nickelsburg
Secretary
$0
Richard Bell
Director
$0
Brittany Patterson
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$2,990
Membership dues$0
Fundraising events$36,900
Related organizations$0
Government grants $81,974
All other contributions, gifts, grants, and similar amounts not included above$441,171
Noncash contributions included in lines 1a–1f $10,244
Total Revenue from Contributions, Gifts, Grants & Similar$563,035
Total Program Service Revenue$7,805
Investment income $7,489
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $22,479
Net Income from Fundraising Events $8,129
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $609,185

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Alexandria Seaport Foundation has recieved totaling $80,000.

Awarding OrganizationAmount
The Joseph E & Marjorie B Jones Foundation

Annapolis, MD

PURPOSE: BOATBUILDING APPRENTICE PROGRAM

$60,000
William And Karin Banks Foundation Inc

Monterey, VA

PURPOSE: FOUNDATION DONATIONS

$15,000
Graham Family Foundation Inc

Middleburg, VA

PURPOSE: GENERAL PURPOSES

$5,000
View Grant Recipient Profile

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