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The Seal Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 821500130 ✦ Lakeville, MA ✦ Designated as a 501(c)(3)

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Overview

What is The Seal Foundation Inc?

The Seal Foundation Inc, headquartered in Lakeville, Massachusetts, is a dedicated nonprofit organization with a mission to create and fund educational and social opportunities for students who learn differently. They achieve this in non-public school and camp settings, aiming to help these students realize their full potential. Their Pathways Approach Program, integrated into a non-public school setting, is funded to employ a special education director, teachers, and teaching assistants. As the program grows, the foundation provides on-site support to the school's administration, faculty, staff, and community members, ensuring continuous professional development and the procurement of educational materials. The organization has a team of 11 dedicated individuals committed to this mission.


Official website here: www.thesealfoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 72% (Two-Star out of Four Star rating)

The Seal Foundation Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The organization shows strengths in its governance structure, with 66% of its board members being independent, and it has a solid financial oversight process, as evidenced by perfect scores in areas such as audit, whistleblower policy, and conflict of interest policy.

However, the foundation has notable weaknesses, particularly in its program expense ratio, which stands at 56.50%. This suggests that a relatively low proportion of its expenses are directed towards its programs compared to administrative or fundraising costs. While the organization maintains good financial practices, the allocation of funds towards direct programmatic impact may require improvement to enhance overall effectiveness.


This AI summary has been generated from information found on Charity Navigator.

Is The Seal Foundation Inc legitimate?

The Seal Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Seal Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $344,789

For more financial information, click here


Official website here: www.thesealfoundation.org

What is the mission statement of The Seal Foundation Inc?

The Seal Foundation Inc's mission is centered around providing educational and social opportunities for students who learn differently. This is accomplished by funding programs in non-public school and camp settings. The foundation aims to maximize the potential of these students by offering a specialized approach, known as the Pathways Approach Program. This program is integrated into the non-public school setting, and funding is provided to hire specialized education personnel such as directors, teachers, and teaching assistants. As the program evolves, the foundation provides ongoing support to the school's administration, faculty, staff, and community members through professional development and the procurement of educational materials.


Official website here: www.thesealfoundation.org

What is the revenue of The Seal Foundation Inc?

The Seal Foundation Inc's revenue in 2023 was $609,505.


Official website here: www.thesealfoundation.org

Who are the executives of The Seal Foundation Inc and what are their salaries?

The average compensation at The Seal Foundation Inc during 2023 was $28,732. There are 12 employees and 20 volunteers at The Seal Foundation Inc.

Here are 4 key members and their salaries:


John Olivieri (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janice Wight (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brett Peroni (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kerry Peroni (President)
  • Compensation: $65,000
  • Related: $0
  • Other: $0


Official website here: www.thesealfoundation.org

Where can I find the form 990 for The Seal Foundation Inc?

The Seal Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.thesealfoundation.org

Learn more at the official website: www.thesealfoundation.org

Mission Statement of The Seal Foundation Inc

The Seal Foundation Inc, a non-profit organization, is dedicated to creating and funding educational and social opportunities for students who learn differently. Their mission is to ensure these students can maximize their potential in non-public school and camp settings. To accomplish this, the foundation implements a specialized education program known as the Pathways Approach Program. This program is integrated into a non-public school setting, and funding is provided to hire a special education director, teachers, and teaching assistants. As the Pathways Approach Program evolves, The Seal Foundation Inc provides on-site support to the school's administration, faculty, staff, and community members through ongoing professional development and the acquisition of educational materials. This holistic approach aims to improve the educational experience and overall development of students who learn differently.

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Impact




July, 2024

The Seal Foundation Inc has a significant impact in creating and funding educational and social opportunities in non-public school and camp settings for students who learn differently. Their Pathways Approach program, which is inserted into non-public school settings, provides funding for hiring special education directors, teachers, and teaching assistants. Additionally, the foundation supports on-site support for the school's administration, faculty, staff, and community members through professional development and purchasing educational materials. Through these initiatives, The Seal Foundation Inc ensures that students who learn differently can maximize their potential and receive the necessary support to thrive in their educational environment.




This information is meant to be a general summary of The Seal Foundation 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.

Revenue
$609,505 (2023)
Expenses
$742,706 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $320,646
  • Gross Receipts: $663,024

Assets and Liabilities:

  • Total Assets: $216,846
  • Total Liabilities: $82,700
  • Net Assets: $134,146

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CONSULTING

Revenue

$320,646

Organization Details

Founding Year

2017

Principal Officer

Kerry Peroni

NTEE Category

Code: B19 - Education

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