SEACREST FOUNDATION
EIN: 30-0119295
Programs and results
What we aim to solve
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
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.
Where we work
External reviews

Photos
Our results
How does this organization measure their results? It's a hard question but an important one.
Evaluation documents
Download evaluation reportsAnnual 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
Learn about the organization's key goals, strategies, capabilities, and progress.
Charting impact
Four powerful questions that require reflection about what really matters - results.
What is the organization aiming to accomplish?
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.
What are the organization's key strategies for making this happen?
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
What are the organization's capabilities for doing this?
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
What have they accomplished so far and what's next?
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
Financial documents
Download audited financialsRevenue vs. expenses: breakdown
Liquidity in 2021 info
313.35
Months of cash in 2021 info
11.5
Fringe rate in 2021 info
0%
Funding sources info
Assets & liabilities info
SEACREST FOUNDATION
Revenue & expensesFiscal Year: Jul 01 - Jun 30
SOURCE: IRS Form 990
SEACREST FOUNDATION
Balance sheetFiscal Year: Jul 01 - Jun 30
SOURCE: IRS Form 990
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: Jul 01 - Jun 30
SOURCE: IRS Form 990
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.
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Business model indicators
Profitability info | 2017 | 2018 | 2019 | 2020 | 2021 |
---|---|---|---|---|---|
Unrestricted surplus (deficit) before depreciation | $1,581,619 | $869,198 | $877,902 | -$80,745 | $6,350,739 |
As % of expenses | 73.2% | 36.7% | 34.6% | -3.3% | 182.7% |
Unrestricted surplus (deficit) after depreciation | $1,581,619 | $869,198 | $877,902 | -$80,745 | $6,350,739 |
As % of expenses | 73.2% | 36.7% | 34.6% | -3.3% | 182.7% |
Revenue composition info | |||||
---|---|---|---|---|---|
Total revenue (unrestricted & restricted) | $3,181,886 | $4,455,420 | $5,197,538 | $3,637,121 | $5,524,338 |
Total revenue, % change over prior year | 152.3% | 40.0% | 16.7% | -30.0% | 51.9% |
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 | 19.5% | 17.0% | 13.8% | 22.5% | 18.2% |
Government grants | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
All other grants and contributions | 75.8% | 73.3% | 78.1% | 71.7% | 71.6% |
Other revenue | 4.7% | 9.7% | 8.2% | 5.8% | 10.2% |
Expense composition info | |||||
---|---|---|---|---|---|
Total expenses before depreciation | $2,162,128 | $2,370,430 | $2,540,815 | $2,426,645 | $3,475,618 |
Total expenses, % change over prior year | 130.5% | 9.6% | 7.2% | -4.5% | 43.2% |
Personnel | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Professional fees | 30.4% | 29.7% | 28.2% | 32.2% | 23.5% |
Occupancy | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Interest | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Pass-through | 69.4% | 69.5% | 71.8% | 67.6% | 76.4% |
All other expenses | 0.2% | 0.8% | 0.0% | 0.2% | 0.1% |
Full cost components (estimated) info | 2017 | 2018 | 2019 | 2020 | 2021 |
---|---|---|---|---|---|
Total expenses (after depreciation) | $2,162,128 | $2,370,430 | $2,540,815 | $2,426,645 | $3,475,618 |
One month of savings | $180,177 | $197,536 | $211,735 | $202,220 | $289,635 |
Debt principal payment | $0 | $0 | $0 | $0 | $0 |
Fixed asset additions | $0 | $0 | $0 | $0 | $0 |
Total full costs (estimated) | $2,342,305 | $2,567,966 | $2,752,550 | $2,628,865 | $3,765,253 |
Capital structure indicators
Liquidity info | 2017 | 2018 | 2019 | 2020 | 2021 |
---|---|---|---|---|---|
Months of cash | 13.7 | 13.4 | 12.6 | 14.5 | 11.5 |
Months of cash and investments | 140.9 | 139.4 | 146.5 | 159.8 | 140.6 |
Months of estimated liquid unrestricted net assets | 112.4 | 106.9 | 103.9 | 108.4 | 97.6 |
Balance sheet composition info | 2017 | 2018 | 2019 | 2020 | 2021 |
---|---|---|---|---|---|
Cash | $2,469,539 | $2,642,638 | $2,664,665 | $2,933,596 | $3,342,388 |
Investments | $22,919,879 | $24,897,887 | $28,352,658 | $29,377,356 | $37,376,736 |
Receivables | $272,283 | $692,136 | $501,959 | $426,129 | $305,690 |
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) | 0.7% | 0.6% | 0.6% | 1.4% | 0.3% |
Unrestricted net assets | $20,254,237 | $21,123,435 | $22,001,337 | $21,920,592 | $28,271,331 |
Temporarily restricted net assets | $3,485,256 | $4,588,703 | $6,242,606 | N/A | N/A |
Permanently restricted net assets | $1,844,555 | $2,449,064 | $3,200,832 | N/A | N/A |
Total restricted net assets | $5,329,811 | $7,037,767 | $9,443,438 | $10,479,585 | $12,735,861 |
Total net assets | $25,584,048 | $28,161,202 | $31,444,775 | $32,400,177 | $41,007,192 |
Key data checks
Key data checks info | 2017 | 2018 | 2019 | 2020 | 2021 |
---|---|---|---|---|---|
Material data errors | No | No | No | No | No |
Operations
The people, governance practices, and partners that make the organization tick.
Documents
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 employeesSOURCE: IRS Form 990
Compensation data
There are no highest paid employees recorded for this organization.
SEACREST FOUNDATION
Board of directorsas of 05/19/2023
Board of directors data
Ms. Cindy Bloch
Board leadership practices
GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.
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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