Seamark Ranch
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
Seamark Ranch meets the 20 Standards for Charity Accountability.
Stated Purpose:
"to provide residential care for children from families of crisis."
Year, State Incorporated:
2001, FL
Seamark Ranch reports that it is a Christian home for children, located on a 465-acre campus in Northeast Florida, that provides a holistic and traditional home environment where each child can experience the security of boundaries and love. The organization seeks to break the generational cycle of failure that affects the families they serve, and to nurture purposeful living in children who have experienced the impact of broken families through faith, education, and community.
For the year ended December 31, 2024, Seamark Ranch's program expenses were:
| Program services | $2,442,145 |
| Total Program Expenses | $2,442,145 |
Chief Executive
Nathan Stanley, Executive Director
Compensation*
$78,765
Chair of the Board
Tim Russi
Chair's Profession / Business Affiliation
Former President, Ally Auto
Board Size
18
Paid Staff Size
30
*2024 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Direct mail appeals, Telephone appeals, Invitations to fund raising events, Radio, Grant proposals, Internet, Door-to-door appeals, Planned giving arrangements
Fundraising costs were 14% of related contributions. (Related contributions, which totaled $2,399,546, are donations received as a result of fundraising activities.)
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Seamark Ranch's audited financial statements for the year ended December 31, 2024.
Source of Funds
| Contributions | $1,798,608 |
| Investment income | $684,144 |
| Special events, net | $496,188 |
| Program service revenue | $134,328 |
| Grants | $92,750 |
| In-kind contributions | $12,000 |
| Total Income | $3,215,348 |
Programs: 80% Fundraising: 11% Administrative: 10%
| Total Income | $3,215,348 |
| Total expenses: | $3,061,333 |
| Program expenses | $2,442,145 |
| Fundraising expenses | $324,788 |
| Administrative expenses | $294,400 |
| Other expenses | $0 |
| Income in Excess of Expenses | $154,015 |
| Beginning Net Assets | $17,394,278 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $17,548,293 |
| Total Liabilities | $133,600 |
| Total Assets | $17,681,893 |
Note: According to Seamark Ranch's 2024 audited financial statements, the organization received $12,000 in donated professional services.
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
This report is not to be used for fundraising or promotional purposes.
RELATED CONTENT
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Meets Standards
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Standards Not Met
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Did Not Disclose
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Review in Progress
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Unable to Verify
Report completed by:
BBB Wise Giving Alliance