Overview
What is Sea Education Association Inc?
Sea Education Association Inc, based in Falmouth, Massachusetts, is a distinguished nonprofit organization that specializes in ocean environmental education. Through its Boston University-accredited study abroad programs, it engages 102 undergraduate students and 12 gap year students annually, primarily from 59 colleges and universities. The association offers financial assistance to a significant portion of its enrolled students. Their programs combine academic studies on land with hands-on, field-based learning at sea aboard research vessels. This unique approach empowers students with an enriching blend of academic rigor, scientific discovery, cultural immersion, and personal growth. The Sea Education Association Inc has been recognized with the 2016 National Science Board Public Service Award for its impactful work in ocean education and leadership development. With a dedicated workforce of 153 individuals, the organization is committed to fostering ocean scholars, stewards, and leaders.
Official website here: www.sea.edu
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 97%, Four-Star out of Four Star rating.
Sea Education Association Inc has achieved an impressive 97% score from Charity Navigator, reflecting strong performance in accountability and finance. With a perfect score in multiple categories, including independent board members and financial oversight, this nonprofit demonstrates a robust governance framework. Their commitment to transparency is evident through well-maintained financial statements and policies regarding conflicts of interest and whistleblower protections.
The organization effectively utilizes its resources, as indicated by a program expense ratio of 76.70%, ensuring that the majority of funds are directed towards its mission-driven activities. Additionally, the fundraising efficiency ratio of $0.10 shows that they are able to raise significant funds at a low cost, maximizing the potential impact of donations. The working capital ratio of 2.84 years indicates solid financial health and sustainability.
Overall, Sea Education Association Inc stands out for its strong governance and financial management practices, fostering trust among stakeholders. The organization has not reported any material diversions of assets or liabilities, suggesting a stable operational foundation. This nonprofit is well-positioned to continue its impactful work in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Sea Education Association Inc legitimate?
Sea Education Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sea Education Association Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $185,465
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,891,838
For more financial information, click here
Official website here: www.sea.edu
What is the mission statement of Sea Education Association Inc?
The Sea Education Association Inc, recognized with the 2016 National Science Board Public Service Award, is a global community dedicated to marine and maritime environments exploration, understanding, and stewardship. It provides a unique learning experience for high school and undergraduate students, merging academic studies on land with hands-on, sea-based learning aboard research vessels. Through its Sea Semester program, Sea Education Association Inc offers an interdisciplinary curriculum and leadership development opportunity, blending scientific discovery, cultural exploration, rigorous academics, and personal growth.
Official website here: www.sea.edu
What is the revenue of Sea Education Association Inc?
Sea Education Association Inc's revenue in 2024 was $7,688,944.
Official website here: www.sea.edu
Who are the executives of Sea Education Association Inc and what are their salaries?
The average compensation at Sea Education Association Inc during 2024 was $19,142. There are 213 employees and 98 volunteers at Sea Education Association Inc.
Here are 27 key members and their salaries:
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- Other: $3,510
Official website here: www.sea.edu
Where can I find the form 990 for Sea Education Association Inc?
Sea Education Association Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.sea.edu
Learn more at the official website: www.sea.edu
Mission Statement of Sea Education Association Inc
Sea Education Association Inc, a recipient of the 2016 National Science Board Public Service Award, is dedicated to educating, inspiring, and fostering ocean scholars, stewards, and leaders. Their mission is threefold: to offer high school and undergraduate students an enriching experience that combines academic studies on land with hands-on, field-based learning at sea aboard tall ship research vessels. This unique approach allows students to not only gain a deep understanding of marine and maritime environments but also to develop their leadership skills.
Sea Education Association Inc operates as a global teaching, learning, and research community. Their primary focus is on exploring, understanding, and preserving marine and maritime environments. The organization offers a transformative sea voyage experience through its Sea Semester Program. This program features an interdisciplinary curriculum and provides a dynamic leadership development experience, both on land and at sea aboard tall ships. By participating in this program, students are equipped with the academic rigor, cultural discovery, and personal growth necessary to become responsible stewards of the ocean.
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Impact
July, 2024
Sea Education Association Inc is making a significant impact by educating and inspiring ocean scholars, stewards, and leaders. Through their SEA Semester programs, they offer 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.
In 2016, 102 undergraduates and 12 gap year students participated in SEA Semester programs, with students enrolling from 59 colleges and universities. It is worth noting that SEA awarded financial assistance to 56% of enrolled undergraduates and 42% of gap students, indicating a commitment to accessibility and diversity. Additionally, the organization reports that gap year students are becoming a growing percentage of enrolled students, showcasing a response to changing educational trends and needs.
SEA's unique approach to education, involving sailing research experiences in various ocean regions, allows students to act as full members of the sailing crew and scientific team while completing self-designed research projects. This interdisciplinary curriculum and dynamic leadership development experience, both on shore and at sea, contribute to the personal growth of participants and equip them with valuable skills and insights.
Overall, Sea Education Association Inc's dedication to the exploration, understanding, and stewardship of marine and maritime environments through their innovative programs is making a tangible impact on the next generation of ocean scholars and leaders.
This information is meant to be a general summary of Sea Education Association Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $295,806
- Program Service Revenue: $4,670,378
- Gross Receipts: $8,289,602
Assets and Liabilities:
- Total Assets: $20,669,049
- Total Liabilities: $1,412,367
- Net Assets: $19,256,682
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$3,462,118
SEMINARS & OTHER FEES
Revenue
$1,208,260
Organization Details
Founding Year
1971
Principal Officer
Jessica C Mcwade
Website
www.sea.eduNTEE Category
Code: U00 - Science research
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