My Sea Hope
- Assets
- $375.7k
- Revenue
- $215.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Alamance, NC
- Founding
- 08/2019
- Data as of
- 12/2021
- EIN
- 83-3867491
Organization Overview
My Sea Hope is located in Alamance, NC. The organization was established in 2019. According to its NTEE Classification (M11) the organization is classified as: Single Organization Support, under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. My Sea Hope 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, My Sea Hope generated $215.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (14.6%) each year. All expenses for the organization totaled $122.4k 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
SHIP NAMED SEA HOPE TO CARRY SUPPLIES AND MANPOWER FOR DISASTER RELIEF AND SHORT TERM MEDICAL DENTAL AND EYE CARE CLINICS IN THE CARIBBEAN
Describe the Organization's Program Activity:
Part 3 - Line 4a
CARRIED OUT 4 RELIEF MISSIONS. MAY 2021 - CARRIED 55,000LBS OF FOOD, MEDICAL, & GENERAL SUPPLIES ST. VINCENT AFTER VOLCANO ERUPTION. AUG 21 CARRIED 34,000LBS OF FOOD TO HAITI AFTER EARTHQUAKE. SEP 2021 CARRIED 31 HOSPITAL BEDS, MEDICINE, MEDICAL SUPPLIES TO ST. VINCENT. SEP 2021 CARRIED BUILDING SUPPLIES AND FOOD TO JACMEL, HAITI FOR REBUILDING EFFORTS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carlton W Puryear Jr Presidented | OfficerTrustee | 40 | $0 |
Steven E Loy Treasurerdirector | Trustee | 1 | $0 |
Franklin E Olafson Vicepresdirector | Trustee | 1 | $0 |
Gerald Padgett Secretarydirector | Trustee | 1 | $0 |
David Shaffer Deputation Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $215,939 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $215,939 |
| 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 | $215,939 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,991 |
| 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 | $0 |
| Advertising and promotion | $2,300 |
| Office expenses | $701 |
| Information technology | $1,180 |
| Royalties | $0 |
| Occupancy | $2,972 |
| Travel | $2,323 |
| 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 | $8,098 |
| All other expenses | $186 |
| Total functional expenses | $122,386 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $163,814 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| 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 | $211,897 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $375,711 |
| 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 | $375,711 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $375,711 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Smyrna Public Safety Foundation Inc Smyrna, GA | $223,095 | $235,985 |
My Sea Hope Alamance, NC | $375,711 | $215,939 |
Citizens Against Residential Emergencies Chesterfield, VA | $333,884 | $71,048 |
Davis Corner Rescue Squad Foundation Virginia Beach, VA | $294,907 | $6,809 |
The One Hundred Club Of Nashville Nashville, TN | $3,778,334 | $423,454 |
Michael G Tink Sims Memorial Scholarship Trust Goochland, VA | $358,859 | $0 |
Eastern Pines Fire-Rescuefoundation Greenville, NC | $150,630 | $21,745 |
Waverly Avenue Carnival Company Kilmarnock, VA | $210,975 | $0 |
Keowee Vineyards Fire District Foundation Sunset, SC | $56,870 | $0 |
Public Safety Dogs Inc Burlington, NC | $4,674 | $0 |
Bensley Bermuda Volunteer Rescue Squad Auxiliary Incorporated Chester, VA | $83,550 | $0 |
Charley Rouss Fire Company Endowment Fund Winchester, VA | $1,103,246 | $73,283 |