PLATINUM2023

SEACREST FOUNDATION

Advancing Senior Care in the Jewish Tradition

Encinitas, CA   |  www.seacrestfoundation.org
GuideStar Charity Check

SEACREST FOUNDATION

EIN: 30-0119295


Mission

The mission of Seacrest Foundation is to obtain funding in support of Seacrest Village Retirement Communities and Seacrest at Home whose activities are designed to advance senior care and enhance healthy living by providing housing and supportive services.

Ruling year info

2004

Chief Foundation Officer

Mrs. Robin P. Israel

Main address

211 Saxony Road

Encinitas, CA 92024 USA

Show more contact info

EIN

30-0119295

Subject area info

Philanthropy

Health

Nursing homes

Rent and mortgage assistance

Senior services

Population served info

Seniors

Families

NTEE code info

Senior Centers/Services (P81)

Housing Expense Reduction Support, Rent Assistance (L82)

Other Philanthropy, Voluntarism, and Grantmaking Foundations N.E.C. (T99)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Communication

Affiliations

See related organizations info

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

Housing, nutrition, life enrichment, home care, health care, assistance with activities of daily living, housekeeping, and transportation for seniors with limited or no resources.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Support for senior housing, healthcare and home care

Funding support for Seacrest Village Retirement Communities' charitable housing and support services programs in independent living, assisted living, memory support and healthcare, and, for Seacrest at Home's home care services for those who cannot afford the cost of housing and/or care.

Population(s) Served
Seniors
Families

Where we work

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Annual amount granted for charitable senior housing, nutrition, life enrichment, transportation in Independent Living community.

This metric is no longer tracked.
Totals By Year
Population(s) Served

Seniors

Related Program

Support for senior housing, healthcare and home care

Type of Metric

Context - describing the issue we work on

Direction of Success

Holding steady

Context Notes

Actual dollars used to provide housing, nutrition, housekeeping, life enrichment, and transportation services to seniors in an independent living environment.

Annual amount granted for charitable senior housing, nutrition, life enrichment, transportation and assistance with daily living in licensed Assisted Living Community.

This metric is no longer tracked.
Totals By Year
Population(s) Served

Seniors

Related Program

Support for senior housing, healthcare and home care

Type of Metric

Context - describing the issue we work on

Direction of Success

Holding steady

Context Notes

Actual dollars used to provide housing, nutrition, life enrichment, transportation, housekeeping services and assistance with activities of daily living for seniors in an assisted living environment

Annual amount granted per year for seniors to receive charitable Home Care services/assistance with activities of daily living in their private residences, allowing them to age in place at home.

This metric is no longer tracked.
Totals By Year
Population(s) Served

Seniors

Related Program

Support for senior housing, healthcare and home care

Type of Metric

Context - describing the issue we work on

Direction of Success

Increasing

Context Notes

Actual dollars used to provide home care services to clients who otherwise could not afford to pay for these necessary home care services

Annual amount granted for charitable senior housing, nutrition, life enrichment, transportation, assistance with daily living and memory support in a licensed Assisted Living Community/Memory Care Community.

This metric is no longer tracked.
Totals By Year
Population(s) Served

Seniors

Related Program

Support for senior housing, healthcare and home care

Type of Metric

Context - describing the issue we work on

Direction of Success

Holding steady

Context Notes

Actual dollars used to provide housing, nutrition, life enrichment, transportation, housekeeping, assistance with activities of daily living and memory support for those who cannot afford the cost.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

Seacrest Foundation hopes to secure the future for even more older adults requiring the services and care that is provided by Seacrest Village and Seacrest at Home. As the "baby boomer" generation ages, greater demands will be put on Seacrest Village and Seacrest at Home, and Seacrest Foundation is the only fund raising entity responsible for generating the funds so this need can be met.

Increase Seacrest Foundation's Board of Directors involvement to increase visibility and awareness of the need to fulfill the mission of Seacrest Foundation.

Continue community outreach to donors

Increase social media presence

Increased Board of Directors from 5 members to 18 members. Created action committees chaired by Board Members with unique responsibilities.

Assigned responsibility to Director of Philanthropy to continue and follow up with community outreach

Created team to focus on social media content and publishing

Increased size of Board of Directors; created action committees and got Board Members to participate as committee chairs and members

Created Social Media team; share valuable content at least twice weekly on sites such as Facebook, Twitter, Instagram.

Developed strategy for increased community outreach.

Financials

SEACREST FOUNDATION
Fiscal year: Jul 01 - Jun 30

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2023 info

SOURCE: IRS Form 990

41.15

Average of 259.57 over 10 years

Months of cash in 2023 info

SOURCE: IRS Form 990

6.2

Average of 32.9 over 10 years

Fringe rate in 2023 info

SOURCE: IRS Form 990

0%

Average of 0% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

SEACREST FOUNDATION

Revenue & expenses

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

SEACREST FOUNDATION

Balance sheet

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

SEACREST FOUNDATION

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

This snapshot of SEACREST FOUNDATION’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Business model indicators

Profitability info 2019 2020 2021 2022 2023
Unrestricted surplus (deficit) before depreciation $877,902 -$80,745 $6,350,739 -$4,372,826 $2,415,027
As % of expenses 34.6% -3.3% 182.7% -155.5% 74.7%
Unrestricted surplus (deficit) after depreciation $877,902 -$80,745 $6,350,739 -$4,372,826 $2,415,027
As % of expenses 34.6% -3.3% 182.7% -155.5% 74.7%
Revenue composition info
Total revenue (unrestricted & restricted) $5,197,538 $3,637,121 $5,524,338 $4,879,548 $2,803,291
Total revenue, % change over prior year 16.7% -30.0% 51.9% -11.7% -42.6%
Program services revenue 0.0% 0.0% 0.0% 0.0% 0.0%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 13.8% 22.5% 18.2% 23.6% 39.7%
Government grants 0.0% 0.0% 0.0% 0.0% 0.0%
All other grants and contributions 78.1% 71.7% 71.6% 53.5% 57.5%
Other revenue 8.2% 5.8% 10.2% 22.9% 2.8%
Expense composition info
Total expenses before depreciation $2,540,815 $2,426,645 $3,475,618 $2,811,361 $3,231,879
Total expenses, % change over prior year 7.2% -4.5% 43.2% -19.1% 15.0%
Personnel 0.0% 0.0% 0.0% 0.0% 0.0%
Professional fees 28.2% 32.2% 23.5% 24.4% 23.4%
Occupancy 0.0% 0.0% 0.0% 0.0% 0.0%
Interest 0.0% 0.0% 0.0% 0.0% 0.0%
Pass-through 71.8% 67.6% 76.4% 75.3% 76.3%
All other expenses 0.0% 0.2% 0.1% 0.3% 0.3%
Full cost components (estimated) info 2019 2020 2021 2022 2023
Total expenses (after depreciation) $2,540,815 $2,426,645 $3,475,618 $2,811,361 $3,231,879
One month of savings $211,735 $202,220 $289,635 $234,280 $269,323
Debt principal payment $0 $0 $0 $0 $0
Fixed asset additions $0 $0 $0 $0 $0
Total full costs (estimated) $2,752,550 $2,628,865 $3,765,253 $3,045,641 $3,501,202

Capital structure indicators

Liquidity info 2019 2020 2021 2022 2023
Months of cash 12.6 14.5 11.5 11.4 6.2
Months of cash and investments 146.5 159.8 140.6 153.3 140.6
Months of estimated liquid unrestricted net assets 103.9 108.4 97.6 102.0 97.7
Balance sheet composition info 2019 2020 2021 2022 2023
Cash $2,664,665 $2,933,596 $3,342,388 $2,666,276 $1,670,483
Investments $28,352,658 $29,377,356 $37,376,736 $33,239,702 $36,195,042
Receivables $501,959 $426,129 $305,690 $338,383 $194,026
Gross land, buildings, equipment (LBE) $0 $0 $0 $0 $0
Accumulated depreciation (as a % of LBE) 0.0% 0.0% 0.0% 0.0% 0.0%
Liabilities (as a % of assets) 0.6% 1.4% 0.3% 0.7% 1.9%
Unrestricted net assets $22,001,337 $21,920,592 $28,271,331 $23,898,505 $26,313,532
Temporarily restricted net assets $6,242,606 N/A N/A N/A N/A
Permanently restricted net assets $3,200,832 N/A N/A N/A N/A
Total restricted net assets $9,443,438 $10,479,585 $12,735,861 $12,201,251 $11,518,571
Total net assets $31,444,775 $32,400,177 $41,007,192 $36,099,756 $37,832,103

Key data checks

Key data checks info 2019 2020 2021 2022 2023
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Form 1023/1024 is not available for this organization

Chief Foundation Officer

Mrs. Robin P. Israel

Robin P. Israel has enjoyed a 34-year progressive career and currently serves as the Chief Foundation Officer of Seacrest Foundation. Robin and her staff are responsible for all philanthropic activities which support Seacrest Village and Jewish home Care Services, LLC. Robin holds a master’s degree in Public Administration. She has been a featured speaker on public relations, marketing, and philanthropy and has published several articles. Ms. Israel is a founding member of Generations Management Group, LLC, a for-profit management company that offers support services to healthcare facilities throughout the country. Robin lives in Carlsbad with her husband, Ron, and their two children.

Number of employees

Source: IRS Form 990

SEACREST FOUNDATION

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

SEACREST FOUNDATION

Board of directors
as of 05/19/2023
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Ms. Cindy Bloch

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Not applicable
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? No

Contractors

Fiscal year ending
There are no fundraisers recorded for this organization.