SEACHANGE CAPITAL PARTNERS INC Charity Report

Public IRS 990 nonprofit record

SEACHANGE CAPITAL PARTNERS INC

EIN 20-5124665 · Fund Raising & Fund Distribution - Philanthropy, Voluntarism, and Grantmaking (T12)

What they do

SEACHANGE SUPPORTS NONPROFITS FACING COMPLEX FINANCIAL and ORGANIZATIONALCHALLENGES. WE DO THIS WITH GRANTS, LOANS, CONSULTING, and RESEARCH to EDUCATE NONPROFITS, FUNDERS, and OTHER STAKEHOLDERS. SEACHANGE ALSO WORKS to BUILD EFFECTIVE CONNECTIONS BETWEEN FUNDERS and NONPROFITS ON THE ASSOCIATED ISSUES. WE FOCUS IN FOUR AREAS:IN MERGERS and SUSTAINED COLLABORATION, WE SUPPORT NONPROFITS THAT ALREADY HAVE ASERIOUS INTEREST IN COMING TOGETHEROR IN EXPLORING HOW THEY MIGHTBY COVERING APORTION of THE COSTS of EXPLORING or COMPLETING THE TRANSACTION. WE MANAGE FOURGRANTMAKING PROGRAMSTHE SEACHANGE-LODESTAR FUND for NONPROFIT COLLABORATION, THE NEW YORK MERGER and COLLABORATION FUND, THE GREATER PHILADELPHIA NONPROFIT REPOSITIONING FUND, and THE TRANSFORMATIONAL PARTNERSHIPS FUND (WITH A FOCUS ON HIGHER EDUCATION) THAT PROVIDE FUNDING to ENCOURAGE and SUPPORT MERGERS, ACQUISITIONS, JOINT VENTURES, and OTHER TYPES of FORMAL, SUSTAINED COLLABORATIONS BETWEEN NONPROFITS. SEACHANGE is A FOUNDIN

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $83.90 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders15 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

73.37%of revenue went to mission work83.9% of expenses · Program services

0.94%of revenue went to fundraising1.1% of expenses

$87.47spent for every $100 of revenueRevenue covered expenses this year.

13.16%of revenue went to management and office costs15.0% of expenses

$3.00in assets for every $1 spent this yearSome assets cannot be spent right away.

81.9%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $229,880 for JOHN MACINTOSH (MNG PARTNER). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$3,735,687

Mission workProgram services$2,740,76873.37% of revenue83.9% of expenses

ManagementOffice and general costs$491,55513.16% of revenue15.0% of expenses

FundraisingAsking for donations$35,1630.94% of revenue1.1% of expenses

Revenue left after expensesReported annual surplus$468,20112.53% of revenueShown in gray on the chart

Total expenses$3,267,48687.47% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 83.9% mission · 15.0% management · 1.1% fundraisingTotal expenses: 87.47% of revenue

2023Expense mix: 88.5% mission · 10.6% management · 1.0% fundraisingTotal expenses: 76.85% of revenue

2022Expense mix: 85.1% mission · 13.4% management · 1.4% fundraisingTotal expenses: 87.64% of revenue

2021Expense mix: 86.7% mission · 11.9% management · 1.5% fundraisingTotal expenses: 67.47% of revenue

2020Expense mix: 78.4% mission · 19.7% management · 1.8% fundraisingTotal expenses: 45.69% of revenue

2019Expense mix: 84.6% mission · 13.5% management · 1.9% fundraisingTotal expenses: 107.78% of revenue

2018Expense mix: 85.9% mission · 11.5% management · 2.6% fundraisingTotal expenses: 102.92% of revenue

2017Expense mix: 79.2% mission · 16.8% management · 3.9% fundraisingTotal expenses: 73.03% of revenue

Money in and money out

Revenue$3,735,687

Expenses$3,267,486

Annual surplus $468,201 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$2,740,768 · 83.9% of expenses

Management and office costs$491,555 · 15.0% of expenses

Fundraising$35,163 · 1.1% of expenses

See all reported dollar amounts

Revenue$3,735,687

Expenses$3,267,486

Assets$9,803,151

Income$9,654,082

Contributions$3,057,999

Mission work (program services)$2,740,768

Fundraising$35,163

Grants given$5,219,472

Average grant$27,616

Management and general$491,555

Stocks and bonds$3,385,375

Accounting fees$119,475

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

JOHN MACINTOSHMNG PARTNER · 40 hrs/week $229,880Base $209,317 · Other $20,563

TAJREENA TABASSOOMPARTNER · 40 hrs/week $191,897Base $174,859 · Other $17,038

LINDSAY KIJEWSKIPARTNER · 40 hrs/week $158,353Base $144,948 · Other $13,405

MINJI KIMVICE PRESIDENT · 40 hrs/week $139,789Base $127,700 · Other $12,089

ALEX VOLPICELLOSECRETARY · 40 hrs/week $122,856Base $112,688 · Other $10,168

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (15)

JOHN MACINTOSHMNG PARTNER

TAJREENA TABASSOOMPARTNER

LINDSAY KIJEWSKIPARTNER

MINJI KIMVICE PRESIDENT

ALEX VOLPICELLOSECRETARY

AARON SIEGELTRUSTEE

DAVID RINGERTRUSTEE

GEORGIA LEVENSON KEOHANETRUSTEE

LORI SLUTKYTRUSTEE

MARGARET CROTTYTRUSTEE

MARK E REED IIICHAIR

OMAR RUSHTRUSTEE

PAULETTE LOMONACOTRUSTEE

STANLEY RICHARDSTRUSTEE

W BOWMAN CUTTERTREASURER

About this charity

Recognized since: January 2007
Location: 420 Lexington Ave 300, NEW YORK, NY 10170
County: New York
In care of: JOHN MACINTOSH
Primary officer: JOHN MACINTOSH, MANAGING PARTNER

How to reach them

WebsiteVisit the charity’s website Phone(844) 869-7842

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: FUOCO GROUP LLP
NTEE classification: Fund Raising & Fund Distribution - Philanthropy, Voluntarism, and Grantmaking (T12)
IRS tax category: Fund Raising & Fund Distribution
Grant-giving organization: Yes