Sea Link
- Assets
- $1.9m
- Revenue
- $185.8k
- Investments
- $1.9m
- Employees
- 0
- Location
- Ketchikan, AK
- Founding
- 12/2001
- Data as of
- 06/2022
- EIN
- 92-0177106
Organization Overview
Sea Link is located in Ketchikan, AK. The organization was established in 2001. According to its NTEE Classification (B19) the organization is classified as: Support N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sea Link 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 06/2022, Sea Link generated $185.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (8.5%) each year. All expenses for the organization totaled $188.3k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Sea Link has awarded 43 individual grants totaling $503,627. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUNDING MARITIME POST SECONDARY EDUCATION FOR KETCHIKAN, AK HIGH SCHOOL STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ralph Mirsky Executive Di | 0 | $27,300 | |
Lauren Mirsky Business Man | 0 | $18,000 | |
Scott C Milner CPA President | 0 | $0 | |
Hans Antonsen Scholarship | 0 | $0 | |
William Hopkins Scholarship | 0 | $0 | |
Rick Collins Scholarship | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $83 |
| Dividends & Interest | $76,039 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $109,661 |
| Capital Gain Net Income | $109,661 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $185,783 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $45,300 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $6,417 |
| Interest | $0 |
| Taxes | $776 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,936 |
| Total operating and administrative expenses | $57,554 |
| Contributions, gifts, grants paid | $130,718 |
| Total expenses and disbursements | $188,272 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $19,460 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,868,816 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,888,276 |
| Accounts payable and accrued expenses | $1,218 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,218 |
Grants Awarded
Over the last fiscal year, Sea Link has awarded $130,718 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
ALEX MALOUF PURPOSE: MARITIME ACADEMY SCHOLARSHIP | $20,000 |
PATRICK RAUWOLF PURPOSE: MARITIME ACADEMY SCHOLARSHIP | $20,000 |
DYLLAN BORER PURPOSE: MARITIME ACADEMY SCHOLARSHIP | $20,000 |
FRANCIS SHERMAN PURPOSE: MARITIME ACADEMY SCHOLARSHIP | $20,000 |
ERIKA RAUWOLF PURPOSE: MARITME ACADEMY SCHOLARSHIP | $20,000 |
DENNIS POSEY PURPOSE: MARITIME ACADEMY SCHOLARSHIP | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Manzana Foundation Yakima, WA | $11,655,431 | $2,659,022 |
Washington Software Association Issaquah, WA | $1,165,287 | $5,261,657 |
Enlearn Seattle, WA | $729,505 | $1,873,572 |
Wea Fourth Corner Bellingham, WA | $1,660,727 | $1,987,881 |
Wea-Eastern Washington Spokane, WA | $1,452,426 | $1,471,844 |
Wea Midstate Yakima, WA | $2,350,547 | $1,493,153 |
Para Los Ninos De Highline Burien, WA | $1,640,997 | $856,358 |
Washington State Association Of Hea D Start And Ecea Programs Kirkland, WA | $700,806 | $923,038 |
National Charter Collaborative Seattle, WA | $1,340,947 | $602,000 |
Renton Schools Foundation Renton, WA | $256,981 | $604,789 |
Benton-Franklin Support Network Kennewick, WA | $79,148 | -$1,126,682 |
Unidos Nicaragua Kirkland, WA | $175,800 | $193,129 |