SEACHANGE CAPITAL PARTNERS INC: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- SEACHANGE CAPITAL PARTNERS INC (EIN 20-5124665)
- Tax period
- 2013-01-01 to 2013-12-31
- Filed
- 2014-11-17
- IRS object ID
- 201423219349306617
- Schema version
- 2013v3.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2014-11-17T14:54:19-06:00 | ReturnTs |
| Tax Period End | 2013-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 271728945 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | O'CONNOR DAVIES LLP | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3001 SUMMER STREET 5TH FL EAST | AddressLine1 |
| City | STAMFORD | City |
| State | CT | State |
| ZIP Code | 06905 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 205124665 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEACHANGE CAPITAL PARTNERS | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SEAC | BusinessNameControlTxt |
| Phone | 2123361500 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1385 BROADWAY 23RD FLOOR | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 100189238 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MANAGEMENT | PersonNm |
| Person Title | PARTNER | PersonTitleTxt |
| Phone | 2123361500 | PhoneNum |
| Signature | 2014-11-17 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ROBIN STRONG | PreparerPersonNm |
| PTIN | P00713382 | PTIN |
| Phone | 2033232400 | PhoneNum |
| Preparation | 2014-11-12 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JOHN MACINTOSH | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1385 BROADWAY 23RD FLOOR | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 100189238 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $805,885 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.SEACHANGECAP.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2006 | FormationYr |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Activity Or Mission | SEACHANGE CAPITAL PARTNERS' MISSION IS TO ENABLE TRANSACTIONS THAT INCREASE THE IMPACT OF NON-PROFITS WHILE OFFERING LEVERAGED FUNDING OPPORTUNITIES FOR DONORS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 5 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 5 | VotingMembersIndependentCnt |
| Total Employee | 5 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $2,451,454 | PYContributionsGrantsAmt |
| CY Contributions Grants | $640,871 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $162,234 | CYProgramServiceRevenueAmt |
| PY Investment Income | $712 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,778 | CYInvestmentIncomeAmt |
| PY Other Revenue | $31,648 | PYOtherRevenueAmt |
| CY Other Revenue | $1,002 | CYOtherRevenueAmt |
| PY Total Revenue | $2,483,814 | PYTotalRevenueAmt |
| CY Total Revenue | $805,885 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $1,738,970 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,188,080 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $821,148 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $545,992 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $55,873 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $451,089 | PYOtherExpensesAmt |
| CY Other Expenses | $348,918 | CYOtherExpensesAmt |
| PY Total Expenses | $3,011,207 | PYTotalExpensesAmt |
| CY Total Expenses | $2,082,990 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$527,393 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$1,277,105 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $4,404,823 | TotalAssetsBOYAmt |
| Total Assets EOY | $3,153,857 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $96,885 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $123,844 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $4,307,938 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $3,030,013 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | SEE SCHEDULE O | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $1,666,144 | ExpenseAmt |
| Grant | $1,188,080 | GrantAmt |
| Revenue | $162,234 | RevenueAmt |
| Desc | SEE SCHEDULE OSEACHANGE'S MISSION IS TO ENABLE TRANSACTIONS THAT INCREASE THE IMPACT OF NONPROFIT ORGANIZATIONS WHILE OFFERING LEVERAGED FUNDING OPPORTUNITIES FOR DONORS. THESE TRANSACTIONS INCLUDE: MERGERS, ACQUISITIONS, JOINT-VENTURES, AND OTHER TYPES OF PARTNERSHIPS AND ALLIANCES (COLLECTIVELY, "COLLABORATIONS"); GROWTH CAPITAL CAMPAIGNS; AND SPIN-OFFS, DIVESTMENTS, RESTRUCTURINGS, AND REAL ESTATE PROJECT OF VARIOUS TYPES. WE FACILITATE TRANSACTIONS BY MAKING GRANTS, LOANS, AND INVESTMENTS FROM OUR FUNDS, BY PROVIDING ADVISORY SERVICES, AND BY "MAKING MARKETS" WITHIN OUR NETWORK. WE FOCUS ONLY IN SPECIAL SITUATIONS WHERE THERE IS A BENEFIT TO OUR PLAYING AN INTERMEDIARY ROLE. OUR PRINCIPAL ASSET IS A NETWORK OF FOUNDATIONS, INDIVIDUALS, NONPROFITS AND PUBLIC ENTITIES THAT TRUST US TO MAKE STRATEGIC GRANTS AND INVESTMENTS, PROVIDE ADVICE AND ANALYSIS, SYNTHESIZE AND FLOW INFORMATION, AND MANAGE POTENTIAL CONFLICTS OF INTEREST.FROM ITS LAUNCH THROUGH DECEMBER 2008, SEACHANGE CONCENTRATED ON CAPITALIZING ITSELF WITH FIVE YEARS OF OPERATING FUNDS IN ADVANCE OF BEGINNING ITS PROGRAMMATIC AND GRANT-MAKING ACTIVITIES. INITIAL SUPPORT CAME FROM THE BILL AND MELINDA GATES FOUNDATION, OMIDYAR NETWORK, THE WILLIAM AND FLORA HEWLETT FOUNDATION, THE SURDNA FOUNDATION, GOLDMAN SACHS, AND A GROUP OF INDIVIDUAL PHILANTHROPISTS. AFTER AN INITIAL FOCUS IN EDUCATION AND YOUTH DEVELOPMENT THROUGH THE CATALYST FUND (2008-2016), SEACHANGE EXPANDED INTO COLLABORATIONS WITH THE SEACHANGE-LODESTAR FUND FOR NONPROFIT COLLABORATION (2009-PRESENT) AND THE NEW YORK MERGER ACQUISITION AND COLLABORATION FUND ("NYMAC", 2012-PRESENT); AND INTO CREDIT THROUGH OUR MANAGEMENT OF THE CONTACT FUND (2013-PRESENT). IN 2011, SEACHANGE BEGAN PROVIDING ADVISORY SERVICES IN RESPONSE TO REQUESTS FROM NONPROFITS AND FUNDERS. DURING 2013 SEACHANGE WAS INVOLVED IN 34 TRANSACTIONS ACROSS THE SEACHANGE-LODESTAR FUND (15), NYMAC (8), THE CONTACT FUND (7) AND ADVISORY SERVICES (4). IN 2014, SEACHANGE EXPECTS TO LAUNCH A NEW FUND FOR NEW YORK-FOCUSED FOUNDATIONS SEEKING TO MAKE PROGRAM RELATED INVESTMENTS ON A POOLED BASIS. | Desc |
| Total Program Service Expenses | $1,666,144 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 3 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 5 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 5 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 5 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CT | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JOHN MACINTOSH PARTNER | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2123361500 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1385 BROADWAY 23RD FLOOR | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 000189238 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (6 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| GARY SYMAN | ||||||
| CHAIRMAN | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| CHARLES T HARRIS III | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| SUZANNE LEHMAN | ||||||
| DIRECTOR | 3.00 | Yes (X) | $0 | $0 | $0 | |
| DOUGLAS SMITH | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MARK E REED III | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JOHN MACINTOSH | ||||||
| PARTNER | 40.00 | Yes (X) | $207,534 | $0 | $20,801 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $207,534 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $20,801 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $640,871 | AllOtherContributionsAmt |
| Total Contributions | $640,871 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| ADVISORY CONSULTING | 541900 | $88,479 | $88,479 |
| MANAGEMENT FEE | 541610 | $73,755 | $73,755 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $162,234 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,778 | TotalRevenueColumnAmt |
| Exclusion | $1,778 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $1,002 | TotalRevenueColumnAmt |
| Exclusion | $1,002 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $1,002 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $805,885 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $162,234 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,780 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,188,080 | TotalAmt |
| Program Services | $1,188,080 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $228,335 | TotalAmt |
| Program Services | $168,968 | ProgramServicesAmt |
| Management And General | $31,967 | ManagementAndGeneralAmt |
| Fundraising | $27,400 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $262,347 | TotalAmt |
| Program Services | $194,136 | ProgramServicesAmt |
| Management And General | $63,784 | ManagementAndGeneralAmt |
| Fundraising | $4,427 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,163 | TotalAmt |
| Program Services | $13,441 | ProgramServicesAmt |
| Management And General | $4,416 | ManagementAndGeneralAmt |
| Fundraising | $306 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,519 | TotalAmt |
| Program Services | $1,864 | ProgramServicesAmt |
| Management And General | $612 | ManagementAndGeneralAmt |
| Fundraising | $43 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $34,628 | TotalAmt |
| Program Services | $25,625 | ProgramServicesAmt |
| Management And General | $8,419 | ManagementAndGeneralAmt |
| Fundraising | $584 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,182 | TotalAmt |
| Management And General | $33,182 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,570 | TotalAmt |
| Program Services | $14,569 | ProgramServicesAmt |
| Management And General | $1,339 | ManagementAndGeneralAmt |
| Fundraising | $662 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,478 | TotalAmt |
| Program Services | $10,712 | ProgramServicesAmt |
| Management And General | $3,146 | ManagementAndGeneralAmt |
| Fundraising | $4,620 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $49,982 | TotalAmt |
| Program Services | $36,987 | ProgramServicesAmt |
| Management And General | $9,996 | ManagementAndGeneralAmt |
| Fundraising | $2,999 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,297 | TotalAmt |
| Program Services | $4,059 | ProgramServicesAmt |
| Management And General | $2,030 | ManagementAndGeneralAmt |
| Fundraising | $14,208 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,635 | TotalAmt |
| Program Services | $3,430 | ProgramServicesAmt |
| Management And General | $927 | ManagementAndGeneralAmt |
| Fundraising | $278 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,774 | TotalAmt |
| Program Services | $4,273 | ProgramServicesAmt |
| Management And General | $1,155 | ManagementAndGeneralAmt |
| Fundraising | $346 | FundraisingAmt |
Other Expenses OtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BAD DEBT EXPENSE | Desc |
| Total | $200,000 | TotalAmt |
| Management And General | $200,000 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,082,990 | TotalAmt |
| Program Services | $1,666,144 | ProgramServicesAmt |
| Management And General | $360,973 | ManagementAndGeneralAmt |
| Fundraising | $55,873 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $280,587 | BOYAmt |
| EOY | $833,129 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,403,417 | BOYAmt |
| EOY | $1,411,641 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,698,284 | BOYAmt |
| EOY | $874,479 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,331 | BOYAmt |
| EOY | $3,063 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $24,433 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $12,864 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,204 | BOYAmt |
| EOY | $11,569 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $19,976 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,404,823 | BOYAmt |
| EOY | $3,153,857 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,885 | BOYAmt |
| EOY | $23,844 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $85,000 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $100,000 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $96,885 | BOYAmt |
| EOY | $123,844 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,234,437 | BOYAmt |
| EOY | $1,119,045 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,073,501 | BOYAmt |
| EOY | $1,910,968 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,307,938 | BOYAmt |
| EOY | $3,030,013 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,404,823 | BOYAmt |
| EOY | $3,153,857 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$1,277,105 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$820 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,549,017 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,592,566 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,005,026 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,451,454 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $640,871 | CurrentTaxYearAmt |
| Total | $12,238,934 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,549,017 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,592,566 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,005,026 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,451,454 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $640,871 | CurrentTaxYearAmt |
| Total | $12,238,934 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $7,414,016 | SubstantialContributorsTotAmt |
| Public Support Total170 | $4,824,918 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $752 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,458 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,002 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $712 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,778 | CurrentTaxYearAmt |
| Total | $5,702 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | $11,050 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $31,648 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,002 | CurrentTaxYearAmt |
| Total | $43,700 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $12,288,336 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $162,243 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.39260 | PublicSupportCY170Pct |
| Public Support PY170 | 0.39810 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $10,195 | OtherCostOrOtherBasisAmt |
| Depreciation | $8,593 | DepreciationAmt |
| Book Value | $1,602 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $14,238 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,271 | DepreciationAmt |
| Book Value | $9,967 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $11,569 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ASSETS RAISED ON BEHALF OF OTHERS LIABILITY | Desc |
| Amt | $100,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $100,000 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $747,072 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$820 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $142,007 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | -$200,000 | OtherRevenueAmt |
| Revenue Not Reported | -$58,813 | RevenueNotReportedAmt |
| Revenue Subtotal | $805,885 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $805,885 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $2,024,997 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $142,007 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $142,007 | ExpensesNotReportedAmt |
| Expenses Subtotal | $1,882,990 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $200,000 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $200,000 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $2,082,990 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | SEACHANGE RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY WHEN THEY ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT SEACHANGE HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. SEACHANGE IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO 2010. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | BAD DEBT LOSSES ON UNCOLLECTIBLE PLEDGES -200,000. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | BAD DEBT LOSSES ON UNCOLLECTIBLE PLEDGES 200,000. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (28 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| BRONX AIDS SERVICES | |||||||
| 540 EAST FORDHAM ROAD | BRONX | NY | 10458 | 133599121 | 501(C)3 | $30,000 | TO FACILITATE A MERGER BETWEEN TWO ORGANIZATIONS. |
| CHICAGO CULTURAL ALLIANCE | |||||||
| 70 LAKE STREET | CHICAGO | IL | 60601 | 061801981 | 501(C)3 | $10,000 | TO FACILITATE A MERGER BETWEEN TWO ORGANIZATIONS. |
| CITIWIDE HARM REDUCTION | |||||||
| 226 EAST 144TH STREET | BRONX | NY | 10451 | 134009817 | 501(C)3 | $30,000 | TO FACILITATE A MERGER BETWEEN TWO ORGANIZATIONS. |
| COLLEGE SUMMIT INC | |||||||
| 1763 COLUMBIA ROAD NW 2ND FLOOR | WASHINGTON | DC | 20009 | 522007028 | 501(C)3 | $708,088 | TO ASSIST THE ORGANIZTION IN BUILDING THE CAPACITY OF SCHOOLS TO DRAMATICALLY INCREASE COLLEGE-GOING SCHOOL AND DISTRICT-WIDE. |
| EAST BAY ASIAN YOUTH CENTER | |||||||
| 2025 E 12TH STREET | OAKLAND | CA | 94606 | 942925799 | 501(C)3 | $20,000 | TO FACILITATE A MERGER BETWEEN TWO ORGANIZATIONS. |
| EPISCOPAL SOCIAL SERVICES | |||||||
| 305 SEVENTH AVENUE | NEW YORK | NY | 10001 | 133709095 | 501(C)3 | $50,000 | TO FACILITATE A COLLABORATION BETWEEN TWO ORGANIZATIONS. |
| EVERYBODY WINS USA INC | |||||||
| 20 WILLIAM STREET G25 | WELLESLEY | MA | 02481 | 203526239 | 501(C)3 | $10,000 | TO FACILITATE A MERGER BETWEEN THREE ORGANIZATIONS. |
| HAZON | |||||||
| 125 MAIDEN LANE SUITE 8B | NEW YORK | NY | 10038 | 131623922 | 501(C)3 | $12,000 | TO FACILITATE A COLLABORATION BETWEEN TWO ORGANIZATIONS. |
| LITERACY VOLUNTEERS OF NEW JERSEY | |||||||
| 224 MAIN ST | METCHUN | NJ | 08840 | 521145384 | 501(C)3 | $10,000 | TO FACILITATE A COLLABORATION BETWEEN SIX ORGANIZATIONS. |
| LITTLE FLOWER CHILDREN & FAMILY SERVICES OF NY | |||||||
| 186 JORALEMON STREET | BROOKLYN | NY | 11201 | 111633572 | 501(C)3 | $8,750 | TO FACILITATE A MERGER BETWEEN TWO ORGANIZATIONS. |
| NATIONAL ASSOCIATION FOR PARENTS WITH CHILDREN WITH VISUAL IMPAIRMENTS | |||||||
| 15 W 65TH STREET | NEW YORK | NY | 10023 | 742095442 | 501(C)3 | $11,000 | TO FACILITATE A MERGER BETWEEN TWO ORGANIZATIONS. |
| NORTHLAKES COMMUNITY CLINIC | |||||||
| 11128 N STATE HWY 77 | HAYWARD | WI | 54843 | 352297925 | 501(C)3 | $20,000 | TO FACILITATE A MERGER BETWEEN TWO ORGANIZATIONS. |
| NEW HOME START | |||||||
| 27 W STEPHENSON STREET | FREEPORT | IL | 61032 | 364143938 | 501(C)3 | $20,000 | TO FACILITATE A MERGER BETWEEN TWO ORGANIZATIONS. |
| ORGANIZING NEIGHBORHOODS FOR EQUALITY NORTHSIDE | |||||||
| 4648 N RACINE | CHICAGO | IL | 60640 | 510137583 | 501(C)3 | $8,000 | TO HELP FUND THE COSTS OF A MERGER. |
| PERSON TO PERSON | |||||||
| 1864 POST ROAD | DARIEN | CT | 68220 | 061422248 | 501(C)3 | $15,000 | TO FACILITATE A COLLABORATION BETWEEN TWO ORGANIZATIONS. |
| PREGONES-TOURING PUERTORICAN THEATRE | |||||||
| 571-575 WALTON AVENUE | BRONX | NY | 10451 | 133266893 | 501(C)3 | $65,000 | TO FACILITATE A MERGER BETWEEN TWO ORGANIZATIONS. |
| SACRAMENTO PHILHARMONIC ORCHESTRA ASSOCIATION INC | |||||||
| 2617 K STREET SUITE 200 | SACRAMENTO | CA | 95816 | 911841406 | 501(C)3 | $10,000 | TO FACILITATE A MERGER BETWEEN TWO ORGANIZATIONS. |
| ST JOHN'S RESIDENCE FOR BOYS | |||||||
| 150 BEACH 110TH STREET | ROCKAWAY PARK | NY | 11694 | 113307242 | 501(C)3 | $8,750 | TO SUPPORT THE EXPLORATION OF A MERGER OF TWO ORGANIZATIONS. |
| ST VINCENT DE PAUL SOCIETY OF JUNEAU | |||||||
| 8617 TEAL STREET | JUNEAU | AK | 99801 | 920125695 | 501(C)3 | $13,000 | TO FACILITATE A MERGER BETWEEN TWO ORGANIZATIONS. |
| THE CHILDREN'S AID SOCIETY | |||||||
| 105 EAST 22ND STREET | NEW YORK | NY | 10010 | 135562191 | 501(C)3 | $5,000 | TO EXPLORE THE ACQUISITION OF ANOTHER ORGANIZATION. |
| THE SUPPORT CENTER FOR NONPROFIT MANAGEMENT | |||||||
| 42 BROADWAY 20TH FLOOR | NEW YORK | NY | 100016008 | 223293680 | 501(C)3 | $25,000 | TO FACILITATE A MERGER BETWEEN TWO ORGANIZATIONS. |
| THIRD SECTOR NEW ENGLAND | |||||||
| 89 SOUTH STREET 7TH FLOOR | BOSTON | MA | 02111 | 042261109 | 501(C)3 | $7,950 | TO SUPPORT THE CONVENING OF THE MONTESSORI LEADERS COLLABORATIVE. |
| UNITED WAY OF BATTLE CREEK & KALAMAZOO | |||||||
| 709 S WESTNEDGE AVENUE | KALAMAZOO | MI | 49007 | 381846794 | 501(C)3 | $41,667 | TO FACILITATE A MERGER BETWEEN TWO ORGANIZATIONS. |
| VISITING NURSE HEALTH SERVICES | |||||||
| 12565 WEST CENTER ROAD SUITE 100 | OMAHA | NE | 68144 | 470690286 | 501(C)3 | $20,000 | TO FACILITATE A MERGER BETWEEN TWO ORGANIZATIONS. |
| AMERICA'S PROMISE ALLIANCE | |||||||
| 1110 VERMONT AVE NW SUITE 900 | WASHINGTON | DC | 20005 | 541848713 | 501(C)3 | $5,000 | TO FACILITATE A MERGER OR COLLABORATION BETWEEN TWO ORGANIZATIONS. |
| ASPIRE | |||||||
| 9901 DERBY LANE | WESTCHESTER | IL | 601543709 | 362654558 | 501(C)3 | $10,000 | TO FUND TECHNOLOGY COSTS. |
| BE THE CHANGE INC | |||||||
| 200 CLAREDON STREET 9TH FLOOR | BOSTON | MA | 02116 | 260402451 | 501(C)3 | $5,000 | TO FACILITATE A MERGER OR COLLABORATION BETWEEN TWO ORGANIZATIONS. |
| BLUE PLANET NETWORK | |||||||
| PO BOX 3059 | REDWOOD | CA | 94064 | 743050022 | 501(C)3 | $5,000 | TO HELP FUND THE COSTS OF A MERGER. |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 28 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | EACH GRANTEE AND SEACHANGE AGREE TO TERMS ABOUT SEMI-ANNUAL REPORTING BY THE GRANTEE TO SEACHANGE ABOUT THE PROGRESS OF THE GRANTEE TOWARD ITS GOALS UNDER THE GRANT. MEMBERS OF SEACHANGE'S PROGRAM TEAM MONITOR THIS PROGRESS. THEY REPORT TO THE SEACHANGE BOARD AT EACH BOARD MEETING ABOUT ONGOING USE OF GRANT FUNDS. NORMAL MONITORING PROCEDURES ALSO INCLUDE REVIEW OF FINANCIALS, STAFF AND STAKEHOLDER INTERVIEWS, MULTIPLE SITE VISITS, AND AN ECOSYSTEM SURVEY. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOHN MACINTOSH | PersonNm |
| Title | PARTNER | TitleTxt |
| Base Compensation Filing Org | $207,534 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $0 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $0 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $0 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $0 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $0 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $18,708 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $0 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $2,093 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $0 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $228,335 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $0 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $0 | CompReportPrior990RltdOrgsAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 1: | ORGANIZATION'S MISSION SEACHANGE CAPITAL PARTNERS' MISSION IS TO ENABLE TRANSACTIONS THAT INCREASE THE IMPACT OF NONPROFITS WHILE OFFERING LEVERAGED FUNDING OPPORTUNITIES FOR DONORS. FOR SEACHANGE, TRANSACTIONS INCLUDE MERGERS, ACQUISITIONS, RESTRUCTURINGS, SPIN-OFFS, FINANCINGS, RECAPITALIZATIONS, AND REAL ESTATE PROJECTS. WE FOCUS IN FOUR AREAS: IN NONPROFIT COLLABORATION, WE SUPPORT ORGANIZATIONS THAT ALREADY HAVE A SERIOUS INTEREST IN COMING TOGETHER - OR IN EXPLORING HOW THEY MIGHT - BY COVERING A PORTION OF THE COSTS OF EXPLORING OR COMPLETING THE TRANSACTION. WE MANAGE TWO FUNDS - THE SEACHANGE-LODESTAR FUND FOR NONPROFIT COLLABORATION AND THE NEW YORK MERGER, ACQUISITION, AND COLLABORATION FUND - THAT MAKE GRANTS TO ENCOURAGE AND SUPPORT MERGERS, ACQUISITIONS, JOINT-VENTURES, AND OTHER TYPES OF FORMAL, LONG-TERM COLLABORATIONS BETWEEN NONPROFITS. IN ALLIANCE WITH THE CONTACT FUND, SEACHANGE MAKES FLEXIBLE, HIGH-IMPACT LOANS TO NONPROFITS IN NEW YORK CITY THAT HAVE REAL ESTATE, WORKING CAPITAL, OR EXPANSION-RELATED FINANCING NEEDS. IN ADVISORY SERVICES, WE PROVIDE FINANCIAL AND TRANSACTION-ORIENTED ADVISORY SERVICES TO NONPROFITS THAT ARE CONSIDERING, OR UNDERGOING, A SIGNIFICANT TRANSACTION. THESE SERVICES INCLUDE FINANCIAL ANALYSIS, FINANCIAL MODEL-BUILDING AND SCENARIO PLANNING, TERM SHEET DEVELOPMENT, AND TRANSACTION-SUPPORT. IN MARKET-MAKING, WE STRIVE TO "MAKE MARKETS" WITHIN OUR NETWORK BY CONNECTING PARTIES WITH COMPLEMENTARY GOALS. WE ALSO CONVENE GROUPS AROUND TOPICS OF COMMON INTEREST THAT SEEM LIKELY TO LEAD TO TRANSACTIONS. OUR VISION IS OF A PHILANTHROPIC MARKET WHERE INFORMATION FLOWS FREELY, FACILITATING GREATER IMPACT THROUGH INCREASED AND MORE EFFECTIVE GIVING, KNOWLEDGE SHARING, AND COORDINATED ACTION. |
| FORM 990, PART VI, SECTION B, LINE 11 | KEY PERSONNEL COMPLETED THE COLLECTION OF DATA ON GOVERNANCE, AUDITED FINANCIALS, AND PROGRAM INFORMATION BEFORE SUBMITTING TO THE OFFICERS FOR REVIEW. THE OFFICERS MET WITH THE AUDITOR TO DISCUSS KEY ISSUES. THE CHAIR OF THE AUDIT COMMITTEE REVIEWED THE COMPLETED FINANCIALS WITH THE AUDITOR AND MET WITH THE OFFICERS TO DISCUSS KEY ISSUES. |
| FORM 990, PART VI, SECTION B, LINE 11 | AN ELECTRONIC COPY OF THE 990 WAS SENT TO EACH MEMBER BY A PARTNER. BEFORE IT WAS FILED, EACH DIRECTOR, IN PARTICULAR THE CHAIRMAN OF THE BOARD AND THE CHAIR OF THE AUDIT COMMITTEE, AND EACH PARTNER WAS ASKED TO REVIEW THE 990 AND EITHER REQUEST CLARIFICATION OR CORRECTION OR APPROVE ITS FILING. AFTER THE 990 WAS FILED, AT THE NEXT BOARD MEETING THE 990 WAS ON THE BOARD'S AGENDA FOR DISCUSSION. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE ORGANIZATION'S CORPORATE BYLAWS HAVE A CONFLICT-OF-INTEREST POLICY THAT ADDRESSES THE MATTER OF CONFLICTS IN THE WAY THAT MATTERS MOST IMPORTANTLY TO THE ORGANIZATION, THROUGH PARTICIPATION IN A DECISION ABOUT MAKING A GRANT TO AN ORGANIZATION WITH WHICH THE PARTICIPANT HAS EITHER A CONFLICTING RELATIONSHIP OR WHAT COULD BE SEEN AS A CONFLICTING RELATIONSHIP. THIS POLICY HAS BEEN ELABORATED ON IN A SUPPLEMENTARY MEMORANDUM FOR THE BOARD AND STAFF. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE COMPENSATION FOR THE EXECUTIVE PARTNER IS ESTABLISHED BY THE BOARD. THE COMPENSATION FOR ALL OTHER EMPLOYEES IS ESTABLISHED BY THE EXECUTIVE PARTNER, WITH APPROVAL FROM THE CHAIRMAN OF THE BOARD. ALL SALARIES AND BENEFITS ARE BASED ON BENCHMARKING ABOUT COMPENSATION FOR COMPARABLE POSITIONS IN THE NONPROFIT SECTOR. |
| FORM 990, PART VI, SECTION C, LINE 19 | FINANCIAL STATEMENTS ARE AVAILABLE PUBLICLY THROUGH GUIDESTAR, AND UPON REQUEST AND AS REQUIRED THROUGH NEW YORK STATE LAWS GOVERNING CHARITABLE ORGANIZATIONS. GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST ELECTRONICALLY OR IN THE SEACHANGE OFFICE. |
| PART XI, LINE 2C EXPLANATION | OVERSIGHT OF THE AUDIT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
| FORM 990, PART VI, SECTION A, LINE 1: | THE BOARD OF DIRECTORS CONSISTS OF THE CHAIR AND 3 OTHER VOTING MEMBERS. THE SECRETARY AND TREASURER POSITIONS WHICH SUPPORT THE BOARD ARE NON-VOTING MEMBERS OF BOARD DISCUSSIONS. CURRENTLY BOTH POSITIONS ARE HELD BY SEACHANGE PARTNERS. |