Seneca Navy Foundation
Nonprofit profile at a glance
- EIN
- 934372276
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024
- Location
- Cleveland, OH, USA
- Phone
- 0000000000
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Fund Raising and Fund Distribution
Reported finances
- Revenue
- $111,101
- Expenses
- $117,475
- Assets
- $93,529
- Liabilities
- $5,727
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- David Ranney (Chief Executive Officer)
People named in this filing
- David Ranney (Chief Executive Officer)
- Anthony Carella (Chief Marketing Officer)
- Moritz Marchart (Chief Financial Officer)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Seneca Navy Foundation empowers young people to pursue personal growth and excellence through access to transformative challenge-based experiences mentorship and character-building programs We advance youth development by supporting opportunities that inspire resilience leadership and long-term goal setting Activities may include experiential expeditions community outreach and related initiatives that inspire youth to pursue their best selves
What it reported doing in 2024
Outfitted and maintained an ocean rowing vessel and safety equipment used for an upcoming 3000-mile Atlantic row This challenge serves as a public youth-development initiative designed to inspire young people to pursue growth resilience and a better version of themselves through transformational experiences
Operating model
- Revenue model
- Donor-supported. 93% of the money available for current operations came from contributions and gifts.
- 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 - The filed numbers largely add up and a large share of available resources goes toward mission work. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 79
- Transparency & Controls: 100
- Sustainability: 36
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 80.9%; rating input score 81
- Program expense ratio: 76.5%; rating input score 76
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -5.7%; rating input score 21; 21st percentile among comparable filings
- Total-asset coverage ratio: 0.8; rating input score 52; 52nd percentile among comparable filings
- Liabilities to assets ratio: 0.06; rating input score 28; 28th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 80.9% of revenue deployed · 76.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $90K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- 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 21/100.
- Review — Sustainability: Total-asset coverage ratio scored 52/100.
- High — Sustainability: Liabilities to assets ratio scored 28/100.