Santa Ynez Pirate Foundation

Nonprofit profile at a glance

EIN
934080889
IRS 990-EZ coverage
2023–2025
Forms available
Form 990 2024, Form 990-EZ 2025
Location
Buellton, CA, USA
Phone
8053251544
Rating
92
Verdict
STRONG
Rating confidence
Moderate
Sector
Single Organization Support

Official website

Reported finances

Revenue
$57,270
Expenses
$81,789
Assets
$26,486

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • MARK HERTHEL (President)

People named in this filing

  • MARK HERTHEL (President)
  • ROBIN SERRITSLEV (Treasurer/Secre)
  • KRISTEN THOMSEN (Director)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Santa Ynez Pirate Foundation was formed in 2023 to Benefit Santa Ynez Valley Union High Schools students by harnessing the Valleys Human and CApital resources. The goal of the Santa Ynez Pirate Foundation is to enhance the student experience, support academic success, and encourage alumni and community members to provide mentorship and inspiration in life skills and career opportunities.

What it reported doing in 2025

The Santa Ynez Pirate Foundation provides financial support to the Santa Ynez Valley Union High School District, provides teacher grants, and hosts career speaker series to enhance the experience of students.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 99
  • Transparency & Controls: 100
  • Sustainability: 20
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 96.8%; rating input score 97

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -42.8%; rating input score 14; 14th percentile among comparable filings
  • Total-asset coverage ratio: 0.32; rating input score 24; 24th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 94.7% per year; rating input score 100; 97th percentile among comparable filings
  • Revenue growth: -3.5% per year; rating input score 0; 38th percentile among comparable filings
  • Asset growth: -27.5% per year; rating input score 0; 8th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 96.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $79K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2023 to 2025
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 2 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 14/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 24/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.