Serving All Vessels Equally EIN 05-0616689

Serving All Vessels Equally

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Serving All Vessels Equally is a human services nonprofit based in Norwalk, CT. For fiscal year 2025 it reported $142K in revenue, $120K in expenses, and $57K in net assets.Pt I

Type
Public charity (501(c)(3)) · Human Services
Location
Norwalk, CT
Filings
6 on file (2020–2025)
Revenue
$142KFY2025
Expenses
$120K
Net assets
$57K
People
10
Filings
6
Updates
0
More identity details & actions ⌄
EIN  05-0616689 Public charity (501(c)(3)) Norwalk, CT
Form 990 (PDF)
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Size
$100K–1M
What they do
a human services nonprofit
Leadership
Nicol Ayers · Program Director · $26K
Money in and out
$142K revenue, $120K expenses
Bottom line
64% program efficiency
Where the money goes · FY2025
Total revenue
$142K
Pt VIII · Ln 12
Total expenses
$120K
Pt IX · Ln 25
Net assets
$57K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $22K
Where spending went · Part IX cols B–D
Program services $0.64 Management & general $0.36
Program efficiency
64%
of spending reaches programs▼ -2% vs prior filing year
Operating runway
5.7mo
months of highly liquid reserves at operating expense rate▲ +256% vs prior filing year
Surplus margin
+15%
revenue over expenses, this year▲ +129% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$142K
FY2025▼ -50%
Expenses
$120K
FY2025▼ -55%
Total assets
$57K
FY2025▲ +62%
Total liabilities
$0
FY2025
Total revenue
$142K
Pt VIII · Ln 12
Total expenses
$120K
Pt IX · Ln 25
Net assets
$57K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$22K
Total assetsPt X · Ln 16$57K
Program-expense ratioPt IX · col B64%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46
Mission & Programs · Part III

Where the work happens

3 program services account for $77K of program spending, described in the organization's own filed words · FY2025.
01

Pen or Pencil, a program of the National Alliance of Faith & Justice (NAFJ), is a social action and educational movement designed to influence the lives of youth at greatest risk of academic failure and potential incarceration. "Pen" is short for penitentiary; 'Pencil" refers to education.

$41Kprogram expense
02

Summer Enrichment is a six week program that encourgages students to focus on key areas of academic growth.

$37Kprogram expense
03

The Youth Counsel for Justice is a youth-led, adult supported social justice organization that empowers youth ages 8-18 on how to express themselves and are encouraged to take appropriate action on the issues that affect their lives.

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CServing All Vessels Equally
EINHdr · item D05-0616689
Principal addressHdr · item CNorwalk, CT
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCT
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P20)
Ruling yearIRS BMFNov 2006

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Program Director
$26,079Pt VII · Sec A
Teasurer
$7,350Pt VII · Sec A
Youth Assistant
$6,380Pt VII · Sec A
Program Assistance
$3,560Pt VII · Sec A
Vice President
$0Pt VII · Sec A
President/Board Chairman
$0Pt VII · Sec A
Secretary/Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Nicol Ayers’s $26K as Program Director is at the 14th percentile of top reported officer pay among 2164 $100K–1M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Nicol Ayers$26,079$78,499$77,273$68,555$57,155
Pamela George$2,800$40,215
Eric Lane$21,700$7,400
Isabella Crespo$14,475$14,298$3,707
Tonya Torian$7,350$11,200$9,600$5,300
Terrell Holley$6,380$9,470$2,900
Erica Satterfield$300$8,100
Berdjjna Vertus$3,560$4,380

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants100%$142K
— government grantsLn 1e$130K
Total revenueLn 12$142K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.64 Management & general $0.36
Program services64%$77K
Management & general36%$43K
Total functional expensesLn 25$120K

Balance Sheet

Part X · end of year
CashLn 1$57K
Total assetsLn 16$57K
Total liabilitiesLn 26$0
Total net assetsLn 32$57K
Months of cash on handcomputed5.7

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $57K · Operating expenses/yr $120K
5.7 months
Where the money goes
Program services
Program services $77K · Total expenses $120K
64%
Management & General
Management & general $43K · Total expenses $120K
36%
Fundraising
Fundraising $0 · Total expenses $120K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $936 · Solicited contributions (3-yr avg) $99K
$0.01 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $142K · Total revenue $142K
100%
Government reliance
Government grants $130K · Total revenue $142K
91%
Earned-income share
Program service revenue $0 · Total revenue $142K
0%
Investment reliance
Investment income $0 · Total revenue $142K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $120K
0%
Growth & trend
Revenue growth (YoY)
This year $142K · Prior year $285K
-50%
Revenue CAGR
FY2020 $74K · FY2025 $142K
+14%
Net-asset trend (YoY)
End of year $57K · Beginning of year $35K
+62%
Balance sheet
Surplus Margin
Revenue $142K · Expenses $120K
+15%
Liabilities-to-Assets
Total liabilities $0 · Total assets $57K
0%
Net-asset ratio
Net assets $57K · Total assets $57K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $57K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Nicol Ayers · Reported title Program Director · Highest reported compensation $26K · Total expenses $120K
22%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $83K · Total expenses $120K
69%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 64%
Overhead ratio 36%
Fundraising cost ratio 0%
Revenue growth -50%
Legal fee ratio 7%
Accounting fee ratio 0.7%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 2 funders$30K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$142K revenue · viewing · ⤓ 990 PDF
FY2024$285K revenue · ⤓ 990 PDF
FY2023$89K revenue · ⤓ 990 PDF
FY2022$173K revenue · ⤓ 990 PDF
FY2021$207K revenue · ⤓ 990 PDF
FY2020$74K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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