Seamen's Society for Children and Families
Nonprofit profile at a glance
- EIN
- 135563010
- IRS 990 coverage
- 2017–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Staten Island, NY, USA
- Phone
- 718-447-7740
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Standard
Reported finances
- Revenue
- $28,237,684
- Expenses
- $29,561,618
- Assets
- $14,536,286
- Liabilities
- $14,039,900
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
20 people listed
Executive titles in this filing
- DAVID W GASKIN (CHIEF EXECUTIVE OFFICER)
- DANIEL BARCKHAUS (SR. VICE PRESIDENT OF PROGRAMS)
- FELICIA SOODEEN (VICE PRESIDENT OF PROGRAMS)
Highest reported compensation
- DAVID W GASKIN (CHIEF EXECUTIVE OFFICER): $274,121 total reported compensation
- DANIEL BARCKHAUS (SR. VICE PRESIDENT OF PROGRAMS): $229,706 total reported compensation
- FELICIA SOODEEN (VICE PRESIDENT OF PROGRAMS): $212,266 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Seamen's Society for Children and Families is dedicated to securing the safety and well-being of the children and families entrusted to our care.
What it reported doing in 2024
Family support and youth programs - the funding allocated for the fte program provided by council initiative is used to provide educational support services - assistance with english, literacy, math, social studies, and science. The allocated funding allows the designated director to manage the day-to-day operations and supervises 3 interns. The program operates once a week, 3:00pm-5:00pm servicing children currently in care through our various programs and also open to the staten island community. For fiscal year 2025, we served 13 children, ranging from kindergarten through 6th grade (ages 5-11). For fiscal year 2025, the seamen's society child care center launched as a new program and served 22 children through its full-day program for ages 2 to 4. The center offers a comprehensive range of services designed to support each child's growth and development, including social-emotional learning, enrichment activities such as art, music, and language, nutritious meals and snacks, indoor play space, age-appropriate learning areas, and parent resources. We provide high-quality care that supports the development of every child in the program, and our team of educators is committed to creating a safe, loving, and engaging environment where children can learn, play, and thrive.
Operating model
- Revenue model
- Other-operating. 98% of the money available for current operations came from other operating revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 79
- Transparency & Controls: 84
- Accountability: 95
- Sustainability: 19
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 90.2%; rating input score 90
- Program expense ratio: 86.2%; rating input score 86
- Fundraising efficiency: $1.03 raised per $1 spent on fundraising; rating input score 3; 3rd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -4.7%; rating input score 17; 17th percentile among comparable filings
- Total-asset coverage ratio: 0.49; rating input score 15; 15th percentile among comparable filings
- Liabilities to assets ratio: 0.97; rating input score 7; 7th percentile among comparable filings
- Officer compensation ratio: 5.5%; rating input score 47; 47th percentile among comparable filings
Growth
- Program expense growth: 5.6% per year; rating input score 100; 46th percentile among comparable filings
- Revenue growth: 5.1% per year; rating input score 100; 44th percentile among comparable filings
- Asset growth: 20.4% per year; rating input score 100; 90th percentile among comparable filings
Details
- What they do: 4 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 90.2% of revenue deployed · 86.2% of spending went to programs
- Governance: 11 of 11 board members independent · 8 of 9 filing controls reported
- Programs: 5 filed program accomplishments · $25.5M in reported program spending
- Leadership: top reported pay $274K · 20 people listed · 3 of 6 pay-setting controls reported
- Highest-paid contractors: 4 contractors listed · $622K reported
- Consistency: 35 of 35 current checks pass
- Schedules: 7 filed schedules · includes major donors and executive pay
- Filing history: 8 filing years from 2017 to 2024
- Contacts: How to reach this organization
- Money network: 9 filed money-flow records
- Related organizations: 1 filed related-organization link
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Fundraising efficiency scored 3/100.
- High — Sustainability: Operating margin scored 17/100.
- High — Sustainability: Total-asset coverage ratio scored 15/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- High — Sustainability: Liabilities to assets ratio scored 7/100.
- Moderate — Sustainability: Officer compensation ratio scored 47/100.