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Nonprofit · EIN 92-3641016

SEA LEGS FOUNDATION

Tax-exempt · BAINBRIDGE IS, WA 98110

Financials

$1.8M$3K2023$55K$15K2024$77K$106K2025
Revenue Expenses · by fiscal year end
Financials of SEA LEGS FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$77,070$106,182-$29,112$1,327,482$0$1,327,482
December 31, 2024990-PF$55,481$15,451$40,030$1,252,123$0$1,252,123
December 31, 2023990-PF$1,846,335$2,803$1,843,532$1,068,459$0$1,068,459
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$29,151
Net gain from sales of assets
$47,661
Other income
$258

Expenses

Grants and similar amounts paid
$85,911
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$94,398
Excise tax on investment income
$1,033

Balance sheet and other

Total assets, start of year
$1,252,123
Total assets, end of year
$1,327,482
Total liabilities, end of year
$0
Net assets, end of year
$1,327,482
Fair market value of assets
$1,327,482
Qualifying distributions
$94,398
Net investment income
$79,692

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
CLAY M LEVIT
PO BOX 10294, BAINBRIDGE ISLAND, WA 98110
TRUSTEE1$0
CATHERINE J LEVIT
PO BOX 10294, BAINBRIDGE ISLAND, WA 98110
TRUSTEE1$0
990-PF for the year ended December 31, 2024: 2 people
NameTitleHours / weekCompensation
CLAY M LEVIT
PO BOX 10294, BAINBRIDGE ISLAND, WA 98110
TRUSTEE1$0
CATHERINE J LEVIT
PO BOX 10294, BAINBRIDGE ISLAND, WA 98110
TRUSTEE1$0
990-PF for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
CLAY M LEVIT
PO BOX 11222, BAINBRIDGE ISLAND, WA 98110
TRUSTEE1$0
CATHERINE J LEVIT
PO BOX 11222, BAINBRIDGE ISLAND, WA 98110
TRUSTEE1$0

Address and contacts

Address (IRS master file)
PO BOX 10294, BAINBRIDGE IS, WA 98110-0294
Signed the 990-PF
CATHERINE J LEVIT, TRUSTEE
Phone
(512) 633-7682
Return prepared by
CLARK NUBER PS

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
92-3641016
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2025
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$1,327,482
Income (IRS master file)
$126,073

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$77,070$106,182$1,327,482IRS
990-PFDecember 2024$55,481$15,451$1,252,123XML
990-PFDecember 2023$1,846,335$2,803$1,068,459XML

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 92-3641016).

Questions about SEA LEGS FOUNDATION

What is the EIN of SEA LEGS FOUNDATION?
The employer identification number (EIN) of SEA LEGS FOUNDATION is 92-3641016.
Is SEA LEGS FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2025.
Are donations to SEA LEGS FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does SEA LEGS FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of SEA LEGS FOUNDATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SEA LEGS FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of SEA LEGS FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
How much revenue does SEA LEGS FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $77,070, expenses of $106,182 and total assets of $1,327,482 at year end.

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