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Florida · Nonprofit

Seaworthy Foundation Inc

Seaworthy Foundation Inc (Florida) receives grants from 3 organizations whose IRS filings report $804,758 to it, the largest being TAMPA BAY WAVE INC ($454,758). 0 of them have funded it in more than one year.

Revenue FY2024
$432k
Funders on record
3
Grants received
$805k
Net assets
$250k
0/3 repeat funders
01What it does

What Seaworthy Foundation Inc does

Mission

Seaworthy Collective is a Miami-based 501c3 nonprofit that supports current and aspiring entrepreneurs driving innovation for ocean impact AKA BlueTech. Our mission is to bring all hands on deck for BlueTech via programs to co-create and grow early-stage startups build regional capacity and educate our community.

As stated on its FY2024 Form 990.

Programs

  1. Seaworthys flagship startup program provides 12 weeks of bespoke support for both current and aspiring founders including access to Seaworthys global network resources service providers 1-on-1 support business curriculum grants support and opportunities for visibility. Each cohort group of startups consists of 7 startups with up to 2 cohorts per year.

    $286,998 spentof which $148,281 as grants
    65% of program spending
  2. Our largest annual or bi-annual event in May and or October elevating the work of Seaworthy founders participating in our latest cohort. Founders share their latest pitches and progress developed during the startup programs. The event features a distinguished keynote speaker partner spotlights and major announcements.

    $67,981 spent$2,739 earned by the program
    15% of program spending
  3. Seaworthys 2 month program equips students and professionals who are aspiring BlueTech founders with the knowledge skills and support needed to build an ocean impact startup. Each program occurs in partnership with universities industry associations and additional stakeholders in workforce development.

    $51,859 spentof which $25,000 as grants
    12% of program spending
  4. From the Miami Climate Happy Hour to the BlueTech Startupsphere during New York Climate Week we co-create events with mission-aligned partners to bridge communities and drive grassroots engagement.

    $17,404 spent$3,458 earned by the program
    4% of program spending
  5. Seaworthys educational events featuring founders participating in our startup programs provides a platform to share their thought leadership and serve as role models for our community.

    $15,256 spent
    3% of program spending

The 5 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $439,498.

02The organization over time

The organization over time

Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20212021 Revenue 100 ($4k) Expenses 100 ($3k) Net assets 100 ($796)2022 Revenue 2326 ($98k) Expenses 2045 ($70k) Net assets 3633 ($29k)2023 Revenue 12544 ($529k) Expenses 5344 ($183k) Net assets 47128 ($375k)2024 Revenue 10241 ($432k) Expenses 16285 ($557k) Net assets 31387 ($250k)
2021202220232024
Revenue (10241)Expenses (16285)Net assets (31387)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $29k to $375k (+1197%).

$796
$29k
$375k
$250k
2021202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2023 47% · 2024 71%. Grants only. Government contracts and fees sit inside program revenue.

96% of Seaworthy Foundation Inc’s revenue is contributions — more donation-reliant than the typical peer (88% for the typical peer).

This organization
Typical peer · 4,629 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 4 reported years ran a deficit.

$796
’21
$28k
’22
$346k
’23
−$125k
’24
5.4
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Daniel Kleinman

Founder CEO

As listed on its FY2024 Form 990.

20232024
Listed52
Joined··
No longer listed··
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'24*
'25*
total
funders
1
2

From the IRS filings of Seaworthy Foundation Inc’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Seaworthy Foundation Inc leans on a few funders — its largest provides 57% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

69% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Seaworthy Foundation Inc.

57%
largest funder
100%
top three
~2
effective funders

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

57% of Seaworthy Foundation Inc's grant income comes from Florida funders.

NY
FL

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Seaworthy Foundation Inc's revenue grew 10141% between 2021 and 2024.

Operating margin−29% · bottom quartile
Months of reserve5.4mo · below the median
Revenue growth (annualized)368% · outside the comparable range

this organization peer median middle 50% of peers· 4,264 environment nonprofits $100k–$1M, FY2024

Government funding Seaworthy Foundation Inc receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $250k on record.

Federal$250k
grants $250kcontracts $0
Top agencies
  • Department of Commerce$250k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like Seaworthy Foundation Inc

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Florida

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

88% of spending goes to programs.

Program 88%Management 12%Fundraising 0%

Governance

3
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Footprint & structure

Files a return copy in 1 state

FL

Screen this organization

A dated, signed PDF of the compliance screen for Seaworthy Foundation Inc: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Seaworthy Foundation Inc?
Seaworthy Foundation Inc (Florida) receives grants from 3 organizations whose IRS filings report $804,758 to it, the largest being TAMPA BAY WAVE INC ($454,758). 0 of them have funded it in more than one year.
How many funders does Seaworthy Foundation Inc have?
IRS filings report 3 organizations giving $804,758 in grants to Seaworthy Foundation Inc.
Who is the largest funder of Seaworthy Foundation Inc?
TAMPA BAY WAVE INC is the largest funder on record, with $454,758 in grants. The full list of funders is on this page.
How can an organization like Seaworthy Foundation Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Florida. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2021–2024), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing