Vermilion Sea Institute
- Assets
- $215.1k
- Revenue
- $305.4k
- Investments
- $0.0
- Employees
- 1
- Location
- Seattle, WA
- Founding
- 10/2007
- Data as of
- 12/2021
- EIN
- 20-8381814
Organization Overview
Vermilion Sea Institute is located in Seattle, WA. The organization was established in 2007. According to its NTEE Classification (B99) the organization is classified as: Education 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. Vermilion Sea Institute 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, Vermilion Sea Institute generated $305.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.2% each year . All expenses for the organization totaled $253.8k during the year ending 12/2021. While expenses have increased by 14.7% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT AND IMPLEMENT PROGRAMS THAT SUPPORT ECOLOGY, CULTURE AND EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAINTAIN TWO FIELD STATIONS FOR EDUCATION AND RESEARCH. FIRST SUPPORTING THE DEVELOPMENT OF RANCHO SAN GREGORIO, AN EDUCATIONAL RESEARCH SITE LOCATED IN THE HIGH DESERT OF BAJA CALIFORNIA, MEXICO. SECOND, LEASE AND MAINTAIN A FIELD STATION RESEARCH SITE IN BAHIA DE LOS ANGELES, MEXICO.
DEVELOP, CONDUCT, COORDINATE, AND/OR FACILITATE INQUIRY-BASED FIELD STUDIES IN DESERT AND MARINE ECOSYSTEMS FACILITIES FOR UNIVERSITIES, SCHOOLS, AND OTHER EDUCATIONAL GROUPS IN 2021. 271 STUDENTS AND SCIENCE RESEARCHERS PARTICIPATED IN PROGRAMS.
FACILITATE PARTICIPANT-DRIVEN EDUCATIONAL CURRICULUM AND OUTDOOR EDUCATION ACTIVITIES OFFERED TO UNDERSERVED LOCAL STUDENTS IN DEVELOPING WATER EXPLORATION SKILLS, SELF-CARE, TEAM BUILDING, LEADERSHIP AND CONSERVATION SKILLS. 82 STUDENTS PARTICIPATED IN 2021.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Meghann Mcdonald President & Treasurer | OfficerTrustee | 40 | $27,054 |
Aaron Hirsch Director | OfficerTrustee | 1 | $0 |
Veronica Volny Secretary | OfficerTrustee | 1 | $0 |
T'noya Thompson Vice President | OfficerTrustee | 1 | $0 |
Dimitri Petrov Director | Trustee | 1 | $0 |
Joshua Maximon 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 | $73,290 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $73,290 |
| Total Program Service Revenue | $232,086 |
| 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 | $305,376 |
| 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 | $74,473 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $27,054 |
| Compensation of current officers, directors, key employees. | $2,680 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,113 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,091 |
| 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 | $41,779 |
| Advertising and promotion | $0 |
| Office expenses | $570 |
| Information technology | $766 |
| Royalties | $0 |
| Occupancy | $103 |
| Travel | $8,416 |
| 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 | $5,719 |
| Insurance | $1,097 |
| All other expenses | $44,113 |
| Total functional expenses | $253,823 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $201,450 |
| 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 | $13,600 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $215,050 |
| Accounts payable and accrued expenses | $454 |
| 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 | $454 |
| Net assets without donor restrictions | $214,596 |
| 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 | $215,050 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Vermilion Sea Institute has recieved totaling $10,254.
| Awarding Organization | Amount |
|---|---|
Globalgiving Foundation Inc Washington, DC PURPOSE: FUNDS RAISED BY GLOBALGIVING AND DISBURSED TO MEET DONOR EXPECTATIONS | $8,409 |
Diffenbaugh Foundation Stanford, CA PURPOSE: GENERAL | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $845 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Uw Physicians Network Seattle, WA | $28,108,083 | $71,347,510 |
Snohomish County Workforce Development Council Everett, WA | $4,878,979 | $47,934,088 |
Eastern Aleutian Tribes Inc Anchorage, AK | $24,179,312 | $16,987,359 |
International Society For Technology In Education Portland, OR | $20,256,205 | $13,556,365 |
Public School Employees Of Washington Auburn, WA | $10,924,728 | $12,530,239 |
Washington State Charter Schools Association Seattle, WA | $13,158,502 | $7,768,416 |
Bluum Inc Boise, ID | $2,040,780 | $9,996,338 |
Native Project Spokane, WA | $18,009,954 | $13,503,494 |
Spokane International Academy Spokane, WA | $28,868,838 | $9,309,601 |
Pride Prep Schools Spokane, WA | $4,483,995 | $8,242,945 |
Oregon School Employees Association 133 Salem, OR | $7,639,516 | $7,655,217 |
Washington Manufacturing Services Bothell, WA | $3,899,855 | $7,541,918 |