SEA EDUCATION ASSOCIATION INC: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
SEA EDUCATION ASSOCIATION INC (EIN 04-2702102)
Tax period
2017-07-01 to 2018-06-30
Filed
2018-11-13
IRS object ID
201803179349304965
Schema version
2017v2.3
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

FieldValueIRS element (for citing)
Return2018-11-13T13:38:36-06:00ReturnTs
Tax Period End2018-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN061009205PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BLUM SHAPIRO & COMPANY PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line14 BATTERYMARCH PARK SUITE 100AddressLine1Txt
CityQUINCYCityNm
State AbbreviationMAStateAbbreviationCd
ZIP021697431ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2017-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN042702102EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SEA EDUCATION ASSOCIATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSEAEBusinessNameControlTxt
Phone5085403954PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 758AddressLine1Txt
CityFALMOUTHCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02541ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMARGARET E BRANDONPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone5085403954PhoneNum
Signature2018-11-12SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKEVIN T WHITEPreparerPersonNm
PTINP00097855PTIN
Phone7819821001PhoneNum
Preparation2018-11-12PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address64.251.63.131IPv4AddressTxt
FieldValueIRS element (for citing)
IP2018-11-12IPDt
IP Tm10:48:07IPTm
IP TimezoneESIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id7B14BF2BF8F8AC217E314A41F868DB69370B8F6FAtSubmissionCreationDeviceId
At Submission Filing Device IdDF8EC6EC51E1FD1DECD3FD9B85C405DAF374F076AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMARGARET E BRANDONPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 758AddressLine1Txt
CityFALMOUTHCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02541ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$12,354,435GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.SEA.EDUWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1971FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionWINNER 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.ActivityOrMissionDesc
Voting Members Governing Body23VotingMembersGoverningBodyCnt
Voting Members Independent21VotingMembersIndependentCnt
Total Employee177TotalEmployeeCnt
Total Volunteers43TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$2,975,453PYContributionsGrantsAmt
CY Contributions Grants$5,488,796CYContributionsGrantsAmt
PY Program Service Revenue$5,408,424PYProgramServiceRevenueAmt
CY Program Service Revenue$5,507,066CYProgramServiceRevenueAmt
PY Investment Income$161,892PYInvestmentIncomeAmt
CY Investment Income$145,219CYInvestmentIncomeAmt
PY Other Revenue$116,300PYOtherRevenueAmt
CY Other Revenue$107,490CYOtherRevenueAmt
PY Total Revenue$8,662,069PYTotalRevenueAmt
CY Total Revenue$11,248,571CYTotalRevenueAmt
PY Grants And Similar Paid$1,224,769PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$1,285,918CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$4,033,343PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$4,042,304CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$176,670CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$682,650CYTotalFundraisingExpenseAmt
PY Other Expenses$3,158,301PYOtherExpensesAmt
CY Other Expenses$3,281,128CYOtherExpensesAmt
PY Total Expenses$8,416,413PYTotalExpensesAmt
CY Total Expenses$8,786,020CYTotalExpensesAmt
PY Revenues Less Expenses$245,656PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$2,462,551CYRevenuesLessExpensesAmt
Total Assets BOY$14,412,833TotalAssetsBOYAmt
Total Assets EOY$16,651,820TotalAssetsEOYAmt
Total Liabilities BOY$2,880,507TotalLiabilitiesBOYAmt
Total Liabilities EOY$2,388,565TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$11,532,326NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$14,263,255NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionSEA 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.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$6,191,614ExpenseAmt
Grant$1,262,468GrantAmt
Revenue$5,108,296RevenueAmt
Desc185 UNDERGRADUATES PARTICIPATED IN SEA SEMESTER PROGRAMS: BOSTON UNIVERSITY ACCREDITED STUDY ABROAD PROGRAMS FOCUSED ON THE OCEAN ENVIRONMENT. SEA SEMESTER STUDENTS ENROLLED FROM 98 DIFFERENT COLLEGES AND UNIVERSITIES. OVER 50% RECEIVED SOME FORM OF FINANCIAL ASSISTANCE FROM SEA. STUDENTS BEGAN THEIR STUDIES ON OUR CAMPUS IN WOODS HOLE, MASSACHUSETTS AND THEN JOINED ONE OF OUR TWO 134-FOOT SAIL TRAINING VESSELS FOR A SAILING RESEARCH EXPERIENCE IN THE ATLANTIC, PACIFIC, OR CARIBBEAN. WHILE AT SEA, STUDENTS ACTED 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.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$77,119ExpenseAmt
Grant$23,450GrantAmt
Revenue$236,250RevenueAmt
Desc70 STUDENTS FROM OVER 60 SCHOOLS ATTENDED ONE OF OUR 2 HIGH SCHOOL PROGRAMS. A 3-WEEK SUMMER PROGRAM OFFERS THE OPPORTUNITY TO STUDY THE MARINE ENVIRONMENT FROM A VARIETY OF DIFFERENT PERSPECTIVES: SCIENTIFIC, HISTORIAL, LITERARY, AND NAUTICAL. PARTICIPANTS LIVE AND STUDY AT OUR CAMPUS IN WOODS HOLE, MASSACHUSETTS. SEA ALSO OFFERS A 2-WEEK SEA EXPEDITION ON BOARD ONE OF OUR SHIPS FOR A MULTIDISCIPLINARY EXPERIENCE THAT WELCOMES STUDENTS TO PARTICIPATE IN EVERY ASPECT OF A CHALLENGING OFFSHORE SAILING AND OCEANOGRAPHIC EXPEDITION.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$225,760ExpenseAmt
Revenue$220,100RevenueAmt
DescSIX COLLABERATIVE PROGRAMS WERE HELD WITH 6 OTHER INSTITUTIONS IN WHICH STUDENTS FROM THOSE INSTITUTIONS PARTICIPATED IN 7 TO 9 DAY PROGRAMS DESIGNED TO OFFER AN INTERDISCIPLINARY APPROACH TO THE MARINE ENVIRONMENT THROUGH OCEANOGRAPHY, MARITIME STUDIES, AND NAUTICAL SCIENCE. SUCH PROGRAMS WERE HELD IN THE ATLANTIC, PACIFIC, AND CARIBBEAN.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$6,494,493TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent EndowmentsYes (1)TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign OfficeYes (1)ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional FundraisingYes (1)ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt BondsYes (1)TaxExemptBondsInd
Invest Tax Exempt Bonds0InvestTaxExemptBondsInd
Escrow Account0EscrowAccountInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document58IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee177EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members23GoverningBodyVotingMembersCnt
Independent Voting Member21IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LAURIE PHILLIPSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone5085403954PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1171 WOODS HOLE ROAD PO BOX 758AddressLine1Txt
CityFALMOUTHCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02541ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (25 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
JACOB F BROWN II
TRUSTEE5.00Yes (X)$0$0$0
RICHARD M BURNES JR
TRUSTEE5.00Yes (X)$0$0$0
WALTER R BROWN
TRUSTEE5.00Yes (X)$0$0$0
JEROME HELLER
TRUSTEE5.00Yes (X)$0$0$0
JEREMY R SALESIN
TRUSTEE5.00Yes (X)$0$0$0
PETER B ELLIS
TRUSTEE5.00Yes (X)$0$0$0
MORRIS W KELLOGG
TRUSTEE5.00Yes (X)$0$0$0
JESSICA C MCWADE
TRUSTEE5.00Yes (X)$0$0$0
WILLIS G WANG
TRUSTEE5.00Yes (X)$0$0$0
ANTHONY D WHITTEMORE
TRUSTEE5.00Yes (X)$0$0$0
LEVIN H CAMPBELL JR
TRUSTEE5.00Yes (X)$0$0$0
JOHN C GERNGROSS
TRUSTEE5.00Yes (X)$0$0$0
LAUREN Y GILBERT
TRUSTEE5.00Yes (X)$0$0$0
PHILIP R MCKNIGHT
TRUSTEE5.00Yes (X)$0$0$0
JOHN C WIGGLESWORTH
TRUSTEE5.00Yes (X)$0$0$0
CHARLES S WILLAUER
TRUSTEE5.00Yes (X)$0$0$0
AMBROSE JEARLD
TUSTEE5.00Yes (X)$30,000$0$0
RICHARD S CHANDLER
TRUSTEE/CLERK5.00Yes (X)$0$0$0Yes (X)
RICHARD W COST
TRUSTEE/CHAIR5.00Yes (X)$0$0$0Yes (X)
DR SUSAN E HUMPHRIS
TRUSTEE/VICE CHAIR5.00Yes (X)$0$0$0Yes (X)
LINDA COX MAGUIRE
TRUSTEE/VICE CHAIR5.00Yes (X)$0$0$0Yes (X)
ROBERT C KNAPP
TRUSTEE/TREASURER5.00Yes (X)$0$0$0Yes (X)
MARGARET BRANDON
TRUSTEE/PRESIDENT45.00Yes (X)$155,643$0$8,584Yes (X)
SCOTT BRANCO
DIRECTOR OF FINANCE & ADMINISTRATION45.00$107,616$0$4,343Yes (X)
LAURIE PHILLIPS
DIRECTOR OF FINANCE & ADMIN A/O 1/1845.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$293,259TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$12,927TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GRAHAM-PELTON CONSULTING INCBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line1101 FEDERAL STREETAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02110ZIPCd
FieldValueIRS element (for citing)
ServicesFUNDRAISING CONSULTANTServicesDesc
Compensation$172,843CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
Government Grants$262,616GovernmentGrantsAmt
All Other Contributions$5,226,180AllOtherContributionsAmt
Noncash Contributions$304,041NoncashContributionsAmt
Total Contributions$5,488,796TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescTUITION AND FEESDesc
Business611600BusinessCd
Total Revenue Column$5,507,066TotalRevenueColumnAmt
Related Or Exempt Func Income$5,507,066RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$5,507,066TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$117,616TotalRevenueColumnAmt
Exclusion$117,616ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$1,111,725SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$1,084,122SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$27,603SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$27,603TotalRevenueColumnAmt
Exclusion$27,603ExclusionAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$11,449GrossSalesOfInventoryAmt
Cost Of Goods Sold$21,742CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column-$10,293TotalRevenueColumnAmt
Exclusion-$10,293ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtExclusionExclusionAmt
TRAINING & OTHER FEES611710$57,580$57,580
OTHER INCOME611600$33,391$33,391
ROOF ANTENNAE INCOME531190$22,722$22,722

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,090TotalRevenueColumnAmt
Exclusion$4,090ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$117,783OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$11,248,571TotalRevenueColumnAmt
Related Or Exempt Func Income$5,564,646RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$195,129ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$1,285,918TotalAmt
Program Services$1,285,918ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$271,578TotalAmt
Program Services$11,820ProgramServicesAmt
Management And General$222,611ManagementAndGeneralAmt
Fundraising$37,147FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$3,122,191TotalAmt
Program Services$2,163,314ProgramServicesAmt
Management And General$652,936ManagementAndGeneralAmt
Fundraising$305,941FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$75,589TotalAmt
Program Services$51,297ProgramServicesAmt
Management And General$15,174ManagementAndGeneralAmt
Fundraising$9,118FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$329,163TotalAmt
Program Services$194,723ProgramServicesAmt
Management And General$112,720ManagementAndGeneralAmt
Fundraising$21,720FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$243,783TotalAmt
Program Services$158,791ProgramServicesAmt
Management And General$61,033ManagementAndGeneralAmt
Fundraising$23,959FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$3,105TotalAmt
Management And General$3,105ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$36,225TotalAmt
Management And General$36,225ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$176,670TotalAmt
Fundraising$176,670FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$17,972TotalAmt
Management And General$17,972ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$110,328TotalAmt
Program Services$16,827ProgramServicesAmt
Management And General$93,501ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$79,802TotalAmt
Management And General$79,802ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$308,121TotalAmt
Program Services$175,976ProgramServicesAmt
Management And General$86,463ManagementAndGeneralAmt
Fundraising$45,682FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$81,554TotalAmt
Program Services$53,304ProgramServicesAmt
Management And General$23,808ManagementAndGeneralAmt
Fundraising$4,442FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$130,849TotalAmt
Program Services$112,769ProgramServicesAmt
Management And General$15,747ManagementAndGeneralAmt
Fundraising$2,333FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$391,997TotalAmt
Program Services$298,125ProgramServicesAmt
Management And General$80,386ManagementAndGeneralAmt
Fundraising$13,486FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$46,305TotalAmt
Program Services$2,361ProgramServicesAmt
Management And General$31,277ManagementAndGeneralAmt
Fundraising$12,667FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$57,344TotalAmt
Program Services$57,344ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$603,892TotalAmt
Program Services$586,062ProgramServicesAmt
Management And General$15,529ManagementAndGeneralAmt
Fundraising$2,301FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$277,536TotalAmt
Program Services$258,286ProgramServicesAmt
Management And General$19,250ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
FOOD$261,567$261,567
GRANT SUBAWARDS AND SUB$252,131$252,131
SHIP SUPPLIES$169,353$169,353
SHIPBOARD R&M$149,568$149,568

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$303,479TotalAmt
Program Services$234,957ProgramServicesAmt
Management And General$41,338ManagementAndGeneralAmt
Fundraising$27,184FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$8,786,020TotalAmt
Program Services$6,494,493ProgramServicesAmt
Management And General$1,608,877ManagementAndGeneralAmt
Fundraising$682,650FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$87,001BOYAmt
EOY$181,178EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$671,714BOYAmt
EOY$966,305EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$643,118BOYAmt
EOY$1,452,872EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$28,152BOYAmt
EOY$21,286EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$568BOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$279,333BOYAmt
EOY$197,374EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$21,785,341LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$14,106,016LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$6,908,428BOYAmt
EOY$7,679,325EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$4,837,093BOYAmt
EOY$5,091,254EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$957,426BOYAmt
EOY$1,062,226EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$14,412,833BOYAmt
EOY$16,651,820EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$537,125BOYAmt
EOY$301,544EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$980,357BOYAmt
EOY$821,779EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,363,025BOYAmt
EOY$1,265,242EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,880,507BOYAmt
EOY$2,388,565EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$6,201,431BOYAmt
EOY$7,510,802EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$824,314BOYAmt
EOY$1,683,764EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$4,506,581BOYAmt
EOY$5,068,689EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$11,532,326BOYAmt
EOY$14,263,255EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$14,412,833BOYAmt
EOY$16,651,820EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$2,462,551ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$270,202NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets-$1,824OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$5,732,487BeginningYearBalanceAmt
Contributions$1,015,534ContributionsAmt
Investment Earnings Or Losses$395,662InvestmentEarningsOrLossesAmt
Grants Or Scholarships$218,000GrantsOrScholarshipsAmt
Other Expenditures$893,725OtherExpendituresAmt
End Year Balance$6,031,958EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$5,951,261BeginningYearBalanceAmt
Contributions$3,845ContributionsAmt
Investment Earnings Or Losses$668,060InvestmentEarningsOrLossesAmt
Grants Or Scholarships$319,000GrantsOrScholarshipsAmt
Other Expenditures$571,679OtherExpendituresAmt
End Year Balance$5,732,487EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$6,519,741BeginningYearBalanceAmt
Contributions$7,628ContributionsAmt
Investment Earnings Or Losses-$114,368InvestmentEarningsOrLossesAmt
Grants Or Scholarships$343,200GrantsOrScholarshipsAmt
Other Expenditures$118,540OtherExpendituresAmt
End Year Balance$5,951,261EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$6,758,409BeginningYearBalanceAmt
Contributions$21,989ContributionsAmt
Investment Earnings Or Losses$160,121InvestmentEarningsOrLossesAmt
Grants Or Scholarships$304,600GrantsOrScholarshipsAmt
Other Expenditures$116,178OtherExpendituresAmt
End Year Balance$6,519,741EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$5,087,318BeginningYearBalanceAmt
Contributions$1,173,717ContributionsAmt
Investment Earnings Or Losses$836,947InvestmentEarningsOrLossesAmt
Grants Or Scholarships$226,200GrantsOrScholarshipsAmt
Other Expenditures$113,373OtherExpendituresAmt
End Year Balance$6,758,409EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.14600BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.81600PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.03800TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$190,484OtherCostOrOtherBasisAmt
Book Value$190,484BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$3,266,033OtherCostOrOtherBasisAmt
Depreciation$2,783,534DepreciationAmt
Book Value$482,499BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,893,837OtherCostOrOtherBasisAmt
Depreciation$2,733,442DepreciationAmt
Book Value$160,395BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$15,434,987OtherCostOrOtherBasisAmt
Depreciation$8,589,040DepreciationAmt
Book Value$6,845,947BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$7,679,325TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp

FieldValueIRS element (for citing)
DescCOMMON FUNDDesc
Book Value$1,062,226BookValueAmt
Method ValuationFMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Securities$1,062,226TotalBookValueSecuritiesAmt
Total Rev Etc Audited Fincl Stmt$10,036,657TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$270,202NetUnrealizedGainsInvstAmt
Other Revenue-$199,968OtherRevenueAmt
Revenue Not Reported$70,234RevenueNotReportedAmt
Revenue Subtotal$9,966,423RevenueSubtotalAmt
Investment Expenses Not Incld$17,972InvestmentExpensesNotIncldAmt
Other Revenues Not Included$1,264,176OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$1,282,148RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$11,248,571TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$7,305,728TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$21,742OtherExpensesIncludedAmt
Expenses Not Reported$21,742ExpensesNotReportedAmt
Expenses Subtotal$7,283,986ExpensesSubtotalAmt
Investment Expenses Not Incld2$17,972InvestmentExpensesNotIncld2Amt
Other Expenses Not Included$1,484,062OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$1,502,034ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$8,786,020TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
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:LOSS ON SPLIT INTEREST AGREEMENT -1,824. CAPITAL CAMPAIGN EXPENSES -198,144.
PART XI, LINE 4B - OTHER ADJUSTMENTS:COST OF GOODS SOLD -21,742. FINANCIAL AID 1,285,918.
PART XII, LINE 2D - OTHER ADJUSTMENTS:COST OF GOODS SOLD 21,742.
PART XII, LINE 4B - OTHER ADJUSTMENTS:FINANCIAL AID 1,285,918. CAPITAL CAMPAIGN EXPENSES 198,144.

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (1)GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3OUR 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 6DURING THE CURRENT YEAR, THE ORGANIZATION RECEIVED FINANCIAL ASSISTANCE FROM THE NATIONAL OCEANANIC AND ATMOSPHERIC ADMINISTRATION (NOAA). THE ORGANIZATION RECEIVED GRANT FUNDS TO SUPPORT STUDENTS PARTICIPATING IN THE WOODS HOLE PARTNERSHIP EDUCATION PROGRAM ($146,206). THE ORGANIZATION RECEIVED GRANT FUNDS FROM THE NOAA TO SUPPORT PLASTICS RESEARCH ($46,510). ADDITIONALLY, THE ORGANIZATION RECEIVED GRANT FUNDS FROM THE NOAA TO SUPPORT DIVERSITY ($3,800). DURING THE CURRENT YEAR, THE ORGANIZATION RECEIVED FINANCIAL ASSISTANCE FROM THE NATIONAL SCIENCE FOUNDATION (NSF). THE ORGANIZATION RECEIVED GRANT FUNDS TO SUPPORT PLASTICS RESEARCH ($46,634). THE ORGANIZATION ALSO RECEIVED GRANT FUNDS FROM THE NSF TO SUPPORT SCIENTIFIC EQUIPMENT REPLACEMENTS ($19,465).

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Mail SolicitationsYes (X)MailSolicitationsInd
Email SolicitationsYes (X)EmailSolicitationsInd
Phone SolicitationsYes (X)PhoneSolicitationsInd
In Person SolicitationsYes (X)InPersonSolicitationsInd
Solicitation Of Non Govt GrantsYes (X)SolicitationOfNonGovtGrantsInd
Solicitation Of Govt GrantsYes (X)SolicitationOfGovtGrantsInd
Agrmt Prof Fundraising ActyYes (1)AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp

Organization Business Name OrganizationBusinessName

FieldValueIRS element (for citing)
Business Name Line1GRAHAM- PELTON CONSULTING INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1101 FEDERAL STREETAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02110ZIPCd
FieldValueIRS element (for citing)
ActivityGENERAL FUNDRAISINGActivityTxt
Fundraiser Control Of Funds0FundraiserControlOfFundsInd
Gross Receipts$0GrossReceiptsAmt
Retained By Contractor$176,670RetainedByContractorAmt
Net To Organization$0NetToOrganizationAmt
FieldValueIRS element (for citing)
Total Retained By Contractors$176,670TotalRetainedByContractorsAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmt
FINANCIAL AID FOR STUDENTS ATTENDING COLLEGE PROGRAMS100$1,262,468
FINANCIAL AID FOR STUDENTS ATTENDING HIGH SCHOOL PROGRAMS27$23,450

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationA 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.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Substantiation RequiredYes (1)SubstantiationRequiredInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonMARGARET BRANDONPersonNm
TitleTRUSTEE/PRESIDENTTitleTxt
Base Compensation Filing Org$155,643BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$4,800DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$3,784NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$164,227TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd

Issuer Name IssuerName

FieldValueIRS element (for citing)
Business Name Line1CALIFORNIA INFRASTRUCTURE AND ECONOMIC DEVELOPMENT BANKBusinessNameLine1Txt
FieldValueIRS element (for citing)
Bond Issued2003-10-15BondIssuedDt
Issue Price$2,309,000IssuePriceAmt
PurposePAYOFF OLD LOANS AND CONSTRUCT/RENNOVATE REAL PROPERTY AND VESSELSPurposeDesc
Defeased0DefeasedInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Pool Financing0PoolFinancingInd

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Retired$971,907RetiredAmt
Total Proceeds$2,309,000TotalProceedsAmt
Issuance Costs From Proceeds$46,180IssuanceCostsFromProceedsAmt
Working Capital Expenditures$555,820WorkingCapitalExpendituresAmt
Capital Expenditures$1,707,000CapitalExpendituresAmt
Substantial Completion2003SubstantialCompletionYr
Current Refunding0CurrentRefundingInd
Advance Refunding0AdvanceRefundingInd
Final Allocation MadeYes (1)FinalAllocationMadeInd
Adequate Books And Rec MaintYes (1)AdequateBooksAndRecMaintInd

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Owning Bond Financed Property0OwningBondFinancedPropertyInd
Any Lease Arrangements0AnyLeaseArrangementsInd
Mgmt Contract Bond Fincd Prop0MgmtContractBondFincdPropInd
Any Research Agreements0AnyResearchAgreementsInd
Private Bus Use By Others0.00000PrivateBusUseByOthersPct
Private Bus Concerning UBI0.00000PrivateBusConcerningUBIPct
Total Private Business Use0.00000TotalPrivateBusinessUsePct
Bond Iss Meet Prvt Sec Pymt Test0BondIssMeetPrvtSecPymtTestInd
Change In Use Bond Financed Prop0ChangeInUseBondFinancedPropInd
Procs Nonqualified Bond Remdtd0ProcsNonqualifiedBondRemdtdInd

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Form8038 T Filed0Form8038TFiledInd
Rebate Not Due Yet0RebateNotDueYetInd
Exception To Rebate0ExceptionToRebateInd
No Rebate DueYes (1)NoRebateDueInd
Variable Rate IssueYes (1)VariableRateIssueInd
Hedge Identified In Bks And Rec0HedgeIdentifiedInBksAndRecInd
Gross Proceeds Invested In GIC0GrossProceedsInvestedInGICInd
Gross Proceeds Invested0GrossProceedsInvestedInd
Written Proc To Monitor Reqs0WrittenProcToMonitorReqsInd

Procedures Corrective Action ProceduresCorrectiveActionGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Procedures Corrective Action0ProceduresCorrectiveActionInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceDATE REBATE COMPUTATION PERFORMEDFormAndLineReferenceDesc
ExplanationISSUER NAME: CALIFORNIA INFRASTRUCTURE AND ECONOMIC DEVELOPMENT BANK DATE THE REBATE COMPUTATION WAS PERFORMED: 10/14/2008ExplanationTxt

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution19ContributionCnt
Noncash Contributions Rpt F990$304,041NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMV AT DONATIONMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, COLUMN (B):FormAndLineReferenceDesc
ExplanationTHE AMOUNTS IN PART I, LINE 9 COLUMN B REPRESENT THE NUMBER OF INDIVIDUAL STOCKS RECEIVED.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART IV, QUESTION 14ATHE VESSEL AND EMPLOYEES TRAVEL INTERNATIONALLY.
FORM 990, PART VI, SECTION A, LINE 6THE 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 7ATHE MEMBERS HAVE THE RIGHT TO ELECT OFFICERS, TRUSTEES AND OVERSEERS TO THE ASSOCIATION'S GOVERNING BODY.
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 AND ALL REQUIRED SCHEDULES WERE DISTRIBUTED TO ALL MEMBERS OF THE BOARD OF TRUSTEES PRIOR TO FILING. THE TREASURER AND DIRECTOR OF FINANCE AND ADMINISTRATION REVIEWED THE SECTION ON GOVERNANCE WITH THE BOARD DURING A BOARD MEETING, ALONG WITH OTHER SPECIFIC SECTIONS AND SCHEDULES OF THE FORM 990. THE BOARD WAS THEN GIVEN THE OPPORTUNITY TO REVIEW THE ENTIRE FORM 990 AND RELATED SCHEDULES FOR REASONABLENESS, AND TO FORWARD COMMENTS AND QUESTIONS TO THE TREASURER AND THE DIRECTOR OF FINANCE AND ADMINISTRATION.
FORM 990, PART VI, SECTION B, LINE 12CTHE 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 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 15ATHE 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 18THE FORM 990 IS AVAILABLE ON THE ORGANIZATION'S WEBSITE, WWW.SEA.EDU.
FORM 990, PART VI, SECTION C, LINE 19THE 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 XI, LINE 9:CHANGE IN SPLIT INTEREST AGREEMENT -1,824.

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