Sea Link
- Assets
- $1.9m
- Revenue
- $237.1k
- Investments
- $1.8m
- Employees
- 0
- Location
- Reno, NV
- Founding
- 12/2001
- Data as of
- 06/2024
- EIN
- 92-0177106
Organization Overview
Sea Link is located in Reno, NV. 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 06/2024, Sea Link generated $237.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $258.3k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Sea Link has awarded 63 individual grants totaling $854,216. 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
2024
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 |
|---|---|---|---|
R K Rice Vice-Preside | 0 | $0 | |
Scott C Milner CPA President | 0 | $0 | |
Ralph Mirsky Executive Di | 0 | $27,152 | |
Lauren Mirsky Business Man | 0 | $18,000 | |
Hans Antonsen Scholarship | 0 | $0 | |
William Hopkins Scholarship | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $12,475 |
| Dividends & Interest | $16,944 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $11,426 |
| Capital Gain Net Income | $11,426 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $196,240 |
| Total Revenue | $237,085 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $45,152 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $6,172 |
| Interest | $0 |
| Taxes | $2,931 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,286 |
| Total operating and administrative expenses | $58,977 |
| Contributions, gifts, grants paid | $199,354 |
| Total expenses and disbursements | $258,331 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $9,497 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,859,426 |
| Accounts payable and accrued expenses | $956 |
| 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 | $956 |
Grants Awarded
Over the last fiscal year, Sea Link has awarded $199,354 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
ALEX MALOUF PURPOSE: MARITIME ACADEMY SCHOLARSHIP | $20,000 |
ERIKA RAUWOLF PURPOSE: MARITME ACADEMY SCHOLARSHIP | $20,000 |
FRANCIS SHERMAN PURPOSE: MARITIME ACADEMY SCHOLARSHIP | $20,000 |
KAI BIAGI PURPOSE: MARITIME ACADEMY SCHOLARSHIP | $20,000 |
CARSON COWAN PURPOSE: MARITIME ACADEMY SCHOLARSHIP | $30,000 |
MICHAEL LAPINSKI PURPOSE: MARITIME ACADEMY SCHOLARSHIP | $20,000 |