2020-11-13T08:15:32-06:00 2020-06-30 061009205 BLUM SHAPIRO & COMPANY PC TWO INTERNATIONAL PLACE 22ND FLOOR BOSTON MA 02110 990 2019-07-01 042702102 SEA EDUCATION ASSOCIATION INC SEAE 5085403954 PO BOX 758 FALMOUTH MA 02541 MARGARET E BRANDON PRESIDENT 5085403954 2020-11-12 1 LAURA J KENNEY P00202198 6177170831 2020-11-04 2019 2022-09-23 18:48:47Z MARGARET E BRANDON PO BOX 758 FALMOUTH MA 02541 13649795 0 X WWW.SEA.EDU X 1971 MA WINNER OF THE 2016 NATIONAL SCIENCE BOARD PUBLIC SERVICE AWARD, SEA EDUCATES AND INSPIRES OCEAN SCHOLARS, STEWARDS, AND LEADERS. SEA OFFERS HIGH SCHOOL AND UNDERGRADUATE STUDENTS AN ADVENTURE WITH A PURPOSE, COMBINING ACADEMIC STUDIES ON SHORE WITH HANDS-ON, FIELD-BASED LEARNING AT SEA ABOARD TALL SHIP RESEARCH VESSELS. 26 24 172 17 0 0 7658721 2246103 5734807 5471289 246088 449845 156154 90784 13795770 8258021 1489379 1580581 0 0 4073760 4000385 109590 52603 486667 3346208 2950178 9018937 8583747 4776833 -325726 20741631 19968195 1422036 1388562 19319595 18579633 X SEA IS A GLOBAL TEACHING, LEARNING AND RESEARCH COMMUNITY DEDICATED TO THE EXPLORATION, UNDERSTANDING AND STEWARDSHIP OF MARINE AND MARITIME ENVIRONMENTS. SEA EMPOWERS STUDENTS WITH LIFE-CHANGING SEA VOYAGES OF SCIENTIFIC AND CULTURAL DISCOVERY, ACADEMIC RIGOR AND PERSONAL GROWTH. OUR SEA SEMESTER PROGRAM FEATURES AN INTERDISCIPLINARY CURRICULUM AND DYNAMIC LEADERSHIP DEVELOPMENT EXPERIENCE - ON SHORE AND AT SEA ABOARD TALL SHIPS. 0 0 6181051 1548631 4657677 170 UNDERGRADUATES PARTICIPATED IN SEA SEMESTER PROGRAMS: BOSTONUNIVERSITY ACCREDITED STUDY ABROAD PROGRAMS FOCUSED ON THE OCEANENVIRONMENT. SEA SEMESTER STUDENTS ENROLLED FROM 90 DIFFERENT COLLEGESAND UNIVERSITIES. SEA AWARDED FINANCIAL ASSISTANCE TO 74% OF STUDENTSENROLLED IN THE INSTITUTIONS UNDERGRADUATE PROGRAMS, LESS THAN 10% OF OUR STUDENTS ARE GAP YEAR STUDENTS WHO HAD NOT YET BEGUN THEIRUNDERGRADUATE STUDIES. STUDENTS BEGIN THEIR STUDIES ON OUR CAMPUS INWOODS HOLE, MASSACHUSETTS AND THEN JOIN ONE OF OUR TWO 134-FOOT SAILTRAINING VESSELS FOR A SAILING RESEARCH EXPERIENCE IN THE ATLANTIC, PACIFIC, OR CARIBBEAN. WHILE AT SEA, STUDENTS ACT AS FULL MEMBERS OF THE SAILING CREW AND SCIENTIFIC TEAM, OPERATING ALL ASPECTS OF THE VESSEL WHILE COMPLETING SELF-DESIGNED RESEARCH PROJECTS IN A VARIETY OF TOPICS.DURING THE SPRING SEMESTER COVID-19 AFFECTED AN EARLY DEPARTURE FROM ONE PROGRAM REMOVING PARTICIPATION IN THEIR SEA COMPONENT. STUDENTS WERE OFFERED VARIOUS SCENARIOS FOR COMPLETION OF THEIR SEMESTER IN PART OR FULL. SEA REFUNDED 100% OF UNEARNED TUITION. 495192 31950 464600 91 STUDENTS FROM 91 SCHOOLS ATTENDED 4 HIGH SCHOOL PROGRAMS OFFERED DURING THE SUMMER OF 2019. TWO SESSIONS OF A 3-WEEK SUMMER PROGRAM OFFERING THE OPPORTUNITY TO STUDY THE MARINE ENVIRONMENT FROM A VARIETY OF DIFFERENT PERSPECTIVES: SCIENTIFIC, HISTORICAL, LITERARY AND NAUTICAL. PARTICIPANTS LIVE AND STUDY AT OUR CAMPUS. TWO SESSIONS OF A 2-WEEK SEA EXPEDITION ON BOARD ONE OF OUR SHIPS WHICH OFFERS STUDENTS THE OPPORTUNITY TO PARTICIPATE IN EVERY ASPECT OF A CHALLENGING OFFSHORE SAILING AND OCEANOGRAPHIC EXPEDITION. SEA AWARDED FINANCIAL ASSISTANCE TO 15% OF STUDENTS ENROLLED IN THE HIGH SCHOOL PROGRAMS. 51471 393483 FIVE COLLABORATIVE PROGRAMS WERE HELD WITH 4 OTHER INSTITUTIONS IN WHICH STUDENTS FROM THOSE INSTITUTIONS PARTICIPATED IN 10 DAY PROGRAMS DESIGNED TO OFFER AN INTERDISCIPLINARY APPROACH TO THE MARINE ENVIRONMENT THROUGH OCEANOGRAPHY, MARITIME STUDIES, AND NAUTICAL SCIENCE. INHERENT IN THE ENVIRONMENT OF THE SAILING SCHOOL VESSELS IN THE OPPORTUNITY FOR TEAM BUILDING AND LEADERSHIP SKILLS, BOTH ATTRACTIVE COMPONENTS FOR UNIVERSITIES SEEKING THESE TYPES OF PROGRAMS IN A CHALLENGING ENVIRONMENT. THE COLLABORATIVE PROGRAMS ARE OFFERED IN THE ATLANTIC, PACIFIC, AND CARIBBEAN.PROGRAMS WERE AFFECTED BY COVID-19 WITH NUMEROUS INSTITUTIONS CANCELLING THEIR PROGRAMS ALREADY SCHEDULED OR UNABLE TO PLAN NORMALLY HELD DATES. 6727714 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 1 0 1 1 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 80 0 1 172 1 0 0 0 0 0 0 0 0 0 0 0 0 X 26 24 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 0 0 MA X X MARGARET BRANDON 5085403954 171 WOODS HOLE ROAD PO BOX 758 FALMOUTH MA 02541 X MARGARET BRANDON TRUSTEE/PRESIDENT 45.00 X X 159097 0 9121 BERNADETTE ROBINSON DIR OF FIN & ADMIN THRU 1/2020 45.00 X 100000 0 3473 AMBROSE JEARLD JR TRUSTEE 5.00 X 30000 0 0 JACOB F BROWN II TRUSTEE 5.00 X 0 0 0 WALTER R BROWN TRUSTEE 5.00 X 0 0 0 JEROME HELLER TRUSTEE 5.00 X 0 0 0 MORRIS W KELLOGG TRUSTEE 5.00 X 0 0 0 JESSICA C MCWADE TRUSTEE 5.00 X 0 0 0 WILLIS G WANG TRUSTEE 5.00 X 0 0 0 ANTHONY D WHITTEMORE TRUSTEE 5.00 X 0 0 0 LEVIN H CAMPBELL JR TRUSTEE 5.00 X 0 0 0 JOHN C GERNGROSS TRUSTEE 5.00 X 0 0 0 LAUREN Y GILBERT TRUSTEE 5.00 X 0 0 0 JOHN C WIGGLESWORTH TRUSTEE 5.00 X 0 0 0 IVAN LUKE TRUSTEE 5.00 X 0 0 0 CALEB MCCLENNEN TRUSTEE 5.00 X 0 0 0 REBECCAH SPARKES TRUSTEE 5.00 X 0 0 0 RICHARD H HAWKINS TRUSTEE 5.00 X 0 0 0 SARAH MURDOCK TRUSTEE 5.00 X 0 0 0 JEREMY R SALESIN TRUSTEE 5.00 X 0 0 0 JACQUELINE F WEBB TRUSTEE 5.00 X 0 0 0 CHARLES S WILLAUER TRUSTEE 5.00 X 0 0 0 RICHARD S CHANDLER TRUSTEE/CLERK 5.00 X X 0 0 0 RICHARD W COST TRUSTEE/CHAIR 5.00 X X 0 0 0 DR SUSAN E HUMPHRIS TRUSTEE/VICE CHAIR 5.00 X X 0 0 0 LINDA COX MAGUIRE TRUSTEE/VICE CHAIR 5.00 X X 0 0 0 ROBERT C KNAPP TRUSTEE/TREASURER 5.00 X X 0 0 0 289097 0 12594 1 0 1 0 0 236147 2009956 168695 2246103 TUITION AND FEES 611600 5471289 5471289 5471289 209066 209066 25186 0 25186 25186 25186 5631156 5390377 240779 240779 240779 5894 1397 4497 4497 TRAINING & OTHER FEES 611710 35971 35971 OTHER INCOME 611600 19728 8500 11228 HOUSING INCOME 531190 5402 5402 61101 8258021 5515760 0 496158 1580581 1580581 213808 136623 54521 22664 3215949 2179415 742542 293992 61083 37390 16403 7290 262863 171465 61724 29674 246682 170148 54156 22378 2008 2008 49912 49912 52603 52603 17886 17886 81611 20040 61571 45126 45126 180674 91289 72821 16564 91635 61781 24706 5148 98320 77670 12472 8178 352663 265369 75667 11627 15364 1454 10480 3430 627021 608347 16264 2410 282426 262818 19608 SHIPBOARD R&M 254359 254359 FOOD 228509 228509 GRANT SUBAWARDS AND SUB 221029 221029 SHIP SUPPLIES 159211 159211 242424 200216 31499 10709 8583747 6727714 1369366 486667 92510 161686 2787507 2073133 3426892 2117156 184171 204117 22669738 15300503 7340164 7369235 5765667 6574896 1144720 1467972 20741631 19968195 241560 211791 1180476 389619 787152 1422036 1388562 X 9791156 9604839 9528439 8974794 19319595 18579633 20741631 19968195 X -325726 -412412 -1824 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5889818 427096 -4920 162600 185425 5963969 6031958 438767 466457 144700 902664 5889818 5732487 1015534 395662 218000 893725 6031958 5951261 3845 668060 319000 571679 5732487 6519741 7628 -114368 343200 118540 5951261 0.01960 0.96450 0.01590 0 0 190484 190484 3459414 2919834 539580 2868665 2813907 54758 16151175 9566762 6584413 7369235 GOVERNMENT BONDS 545230 F CORPORATE BONDS 922742 F 1467972 6184529 -412412 1397 -411015 6595544 17886 1644591 1662477 8258021 6924491 1397 1397 6923094 17886 1642767 1660653 8583747 PART V, LINE 4: THE SCHOOLS ENDOWMENT FUNDS ARE PRIMARILY INTENDED TO SUPPORT SCHOLARSHIPS FOR STUDENTS AND ACADEMIC PROGRAMS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CAPITAL CAMPAIGN EXPENSES 1,397. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 1,580,581. CAPITAL CAMPAIGN EXPENSES 62,186. LOSS ON SPLIT INTEREST AGREEMENT 1,824. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,397. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 1,580,581. CAPITAL CAMPAIGN EXPENSES 62,186. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 OUR STUDENTS COME FROM ALL PARTS OF THE UNITED STATES, AND THEREFORE, WE ARE NOT ABLE TO REACH ALL PARTS OF THE GENERAL COMMUNITY WHICH WE SERVE BY PUBLICIZING OUR RACIALLY NONDISCRIMINATORY POLICY THROUGH NEWSPAPERS OR BROADCAST MEDIA. INSTEAD, IN ADDITION TO PUBLICIZING OUR RACIALLY NONDISCRIMINATORY POLICY IN ALL OF OUR BROCHURES AND CATALOGUES DEALING WITH STUDENT ADMISSIONS, PROGRAMS AND SCHOLARSHIPS, WE ALSO PUBLICIZE OUR POLICY ON OUR WEBSITE IN ORDER TO REACH ALL PARTS OF THE GENERAL COMMUNITY WHICH WE SERVE. GIVEN THESE FACTS AND CIRCUMSTANCES, THE ASSOCIATION HAS SATISFIED THE PUBLICITY REQUIREMENT OF REV. PROC. 75-50, 1975-2 C.B. 587, SECTION 4.03, AS IT HAS DEMONSTRATED THAT ITS PROMOTIONAL ACTIVITIES AND RECRUITING EFFORTS IN ALL GEOGRAPHIC AREAS ARE REASONABLY DESIGNED TO INFORM STUDENTS OF ALL RACIAL SEGMENTS IN ALL OF THE GENERAL COMMUNITIES WHICH WE SERVE. SCHEDULE E, PART I, LINE 6 DURING THE CURRENT YEAR, THE ORGANIZATION RECEIVED FINANCIAL ASSISTANCE FROM THE NATIONAL OCEANIC AND ATMOSPHERIC ADMINISTRATION (NOAA). THE ORGANIZATION RECEIVED GRANT FUNDS TO SUPPORT STUDENTS PARTICIPATING IN THE WOODS HOLE PARTNERSHIP EDUCATION PROGRAM ($175,513). DURING THE CURRENT YEAR, THE ORGANIZATION RECEIVED FINANCIAL ASSISTANCE FROM THE NATIONAL SCIENCE FOUNDATION (NSF). THE ORGANIZATION RECEIVED GRANT FUNDS TO SUPPORT PLASTICS RESEARCH AND SCIENTIFIC EQUIPMENT MAINTENANCE ($18,174). THE ORGANIZATION RECEIVED GRANT FUNDS TO SUPPORT A MULTI-INSTITUTION WORKSHOP FOR DIVERSITY TRAINING AND TO CELEBRATE 10 YEARS OF THE PARTNERSHIP EDUCATION PROGRAM (49,360). THE GRANT ALLOWED A BROADER NATIONAL NETWORK OF PROFESSIONALS TO PARTICIPATE AND COLLABORATE IN WOODS HOLE, MA DURING THE SUMMER OF 2019. REMAINING FUNDS WILL BE USED TO FURTHER THIS IMPORTANT INITIATIVE. SEE SCHEDULE O FOR REMAINING DESCRIPTION. X X X X X X 1 GRAHAM- PELTON CONSULTING INC 101 FEDERAL STREET BOSTON MA 02110 GENERAL FUNDRAISING 0 0 55000 0 55000 CA FL IL KS KY MA MD NC NJ NY PA SC VA 1 FINANCIAL AID FOR STUDENTS ATTENDING COLLEGE PROGRAMS 119 1548631 FINANCIAL AID FOR STUDENTS ATTENDING HIGH SCHOOL PROGRAMS 14 31950 PART I, LINE 2: A MAJORITY OF FINANCIAL AID IS PROVIDED TO STUDENTS BASED ON FINANCIAL NEED, WHILE THERE ARE SMALL AMOUNTS AWARDED BASED ON MERIT. STUDENTS SUBMIT APPLICATIONS FOR ASSISTANCE TO THE ASSOCIATE DEAN OF STUDENTS AND FINANCIAL SERVICES. THE APPLICATIONS INCLUDE DOCUMENTATION AND PROOF OF NEED OR ACHIEVEMENT. THE ASSOCIATE DEAN OF STUDENTS AND FINANCIAL SERVICES REVIEWS THE APPLICATIONS AND SELECTS THE STUDENTS TO RECEIVE THE ASSISTANCE. THE SELECTIONS ARE COMMUNICATED TO THE BUSINESS OFFICE AND STUDENT BILLING IS ADJUSTED ACCORDINGLY. THE DIRECTOR OF FINANCE AND ADMINISTRATION REVIEWS THE STUDENT BILLING RECORDS TO DETERMINE FINANCIAL AID HAS BEEN APPLIED APPROPRIATELY. X X X 0 0 0 0 0 0 0 0 0 MARGARET BRANDON TRUSTEE/PRESIDENT 159097 0 0 0 0 0 4896 0 4225 0 168218 0 0 0 X 16 168695 FMV AT DONATION 0 0 0 PART I, COLUMN (B): THE AMOUNTS IN PART I, LINE 9 COLUMN B REPRESENT THE NUMBER OF INDIVIDUALS WHO DONATED STOCK. FORM 990, PART IV, QUESTION 14A THE VESSEL AND EMPLOYEES TRAVEL INTERNATIONALLY. FORM 990, PART VI, SECTION A, LINE 6 THE ASSOCIATION HAS MEMBERS DEFINED AS "OVERSEERS". THESE MEMBERS ELECT OFFICERS, TRUSTEES AND OVERSEERS TO THE ASSOCIATION'S GOVERNING BODY. OVERSEERS ARE MADE UP OF DONORS AND INDIVIDUALS WITH EXPERTISE IN THE FIELDS OF TEACHING, FUNDRAISING, FINANCES AND SAILING. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS HAVE THE RIGHT TO ELECT OFFICERS, TRUSTEES AND OVERSEERS TO THE ASSOCIATION'S GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 AND REQUIRED SCHEDULES (WITH THE EXCEPTION OF SCHEDULE B) WERE DISTRIBUTED TO ALL MEMBERS OF THE BOARD OF TRUSTEES WHO ALSO PRESIDE ON THE AUDIT COMMITTEE, PRIOR TO FILING. THE TREASURER AND DIRECTOR OF FINANCE AND ADMINISTRATION REVIEWED THE SECTION ON GOVERNANCE WITH THE BOARD DURING A BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY APPLIES TO ALL MEMBERS OF THE BOARD OF TRUSTEES AND ALL OFFICERS OF THE ORGANIZATION. THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS THE CONFLICT OF INTEREST DISCLOSURES AND DETERMINES WHETHER A CONFLICT OF INTEREST EXISTS. ANY PERSONS IDENTIFIED AS HAVING A CONFLICT RELATIVE TO A TRANSACTION OR DECISION ON WHICH THE BOARD OF TRUSTEES IS DELIBERATING ARE EXCLUDED FROM SUCH DELIBERATIONS OR DECISION MAKING. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF TRUSTEES' EXECUTIVE COMMITTEE IS RESPONSIBLE FOR REVIEWING AND APPROVING THE COMPENSATION OF THE PRESIDENT. THE EXECUTIVE COMMITTEE UTILIZES COMPARABILITY DATA THAT DEMONSTRATED THE FAIR MARKET VALUE OF THE COMPENSATION IN QUESTION. THIS DATA MAY INCLUDE EXPERT COMPENSATION STUDIES BY INDEPENDENT FIRMS, WRITTEN JOB OFFERS FOR POSITIONS AT SIMILAR ORGANIZATIONS, DOCUMENTED TELEPHONE CALLS ABOUT SIMILAR POSITIONS AT BOTH NONPROFIT AND FOR-PROFIT ORGANIZATIONS, AND INFORMATION OBTAINED FROM THE IRS FORM 990 FILINGS OF SIMILAR ORGANIZATIONS. THE EXECUTIVE COMMITTEE DOCUMENTS ALL SUCH DELIBERATIONS AND DECISIONS MADE. FORM 990, PART VI, SECTION C, LINE 18 THE FORM 990 IS AVAILABLE ON THE ORGANIZATION'S WEBSITE, WWW.SEA.EDU. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAINTAINS COPIES OF ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AT ITS CORPORATE OFFICE AT 171 WOODS HOLE ROAD, FALMOUTH MASSACHUSETTS. THESE DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. IN ADDITION, THE AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE, WWW.SEA.EDU. FORM 990, PART VII, COLUMN D COMPENSATION WAS PAID TO A TRUSTEE FOR SERVICES PROVIDED AS PART OF THE NOAA GRANT. FORM 990, PART XI, LINE 9: CHANGE IN SPLIT INTEREST AGREEMENT -1,824. SCHEDULE E, PART I, LINE 6 DURING FISCAL YEAR ENDED JUNE 30, 2020 THE SCHOOL RECEIVED A PAYCHECK PROTECTION PLAN LOAN GRANTED BY THE U.S. DEPARTMENT OF TREASURY THROUGH THE SMALL BUSINESS ADMINISTRATION UNDER THE CORONAVIRUS AID, RELIEF AND ECONOMIC SECURITY ACT (CARES ACT).