The Colonial Seaport Foundation
Nonprofit profile at a glance
- EIN
- 611552906
- IRS 990-EZ coverage
- 2011–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2015
- Location
- Deltaville, VA, USA
- Phone
- 8043818558
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Historical Societies, Related Historical Activities
Reported finances
- Revenue
- $54,072
- Expenses
- $40,344
- Assets
- $63,851
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- JOHN COLLAMORE IV IV (PRESIDENT)
- Steve Madsen (Vice President)
People named in this filing
- JOHN COLLAMORE IV IV (PRESIDENT)
- Susan Collamore (Treasurer)
- Tom Ivy (Board Member- Captain)
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
Perserve& educate colonial maritime hist
What it reported doing in 2025
Luna project- building and operating a working early 18th century coastal trading sloop. A master shipwright/ provides hands on training in the art of wooden ship building/sailing.
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. Reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 70
- Transparency & Controls: 100
- Sustainability: 68
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 61.9%; rating input score 62
- Program expense ratio: 83%; rating input score 83
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: 25.4%; rating input score 77; 77th percentile among comparable filings
- Total-asset coverage ratio: 1.58; rating input score 60; 60th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 4.3% per year; rating input score 100; 59th percentile among comparable filings
- Revenue growth: 4% per year; rating input score 100; 66th percentile among comparable filings
- Asset growth: 1.3% per year; rating input score 100; 43rd percentile among comparable filings
Details
- Where the money goes: 61.9% of revenue deployed · 83% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $33K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 13 filing years from 2011 to 2025
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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.
- Review — Sustainability: Officer compensation ratio scored 56/100.