Serving All Vessels Equally EIN 05-0616689 Form 990 (PDF) Claim this org

Serving All Vessels Equally FY2022 filing

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Serving All Vessels Equally is a human services nonprofit based in Norwalk, CT. For fiscal year 2022 it reported $173K in revenue, $168K in expenses, and $129K in net assets.Pt I

Type
Public charity (501(c)(3)) · Human Services
Location
Norwalk, CT
Filings
6 on file (2020–2022)
Revenue
$173KFY2022
Expenses
$168K
Net assets
$129K
People
17
Filings
6
Updates
0
More identity details & actions ⌄
EIN  05-0616689 Public charity (501(c)(3)) Norwalk, CT
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
a human services nonprofit
Leadership
Nicol Ayers · Program Director · $69K
Money in and out
$173K revenue, $168K expenses
Bottom line
56% program efficiency
Where the money goes · FY2022
Total revenue
$173K
Pt VIII · Ln 12
Total expenses
$168K
Pt IX · Ln 25
Net assets
$129K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $5K
Where spending went · Part IX cols B–D
Program services $0.56 Management & general $0.44
Program efficiency
56%
of spending reaches programs
Operating runway
9.2mo
months of highly liquid reserves at operating expense rate
Surplus margin
+3%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$173K
FY2022▼ -16%
Expenses
$168K
FY2022▲ +31%
Total assets
$129K
FY2022▲ +9%
Total liabilities
$0
FY2022
Total revenue
$173K
Pt VIII · Ln 12
Total expenses
$168K
Pt IX · Ln 25
Net assets
$129K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$5K
Total assetsPt X · Ln 16$129K
Program-expense ratioPt IX · col B56%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49

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 1a9
Independent voting membersPt VI · Ln 1b9
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
$68,555Pt VII · Sec A
Grant Writer
$7,400Pt VII · Sec A
Teasurer
$5,300Pt VII · Sec A
Program Assistant
$3,707Pt VII · Sec A
Summer Camp Assistant
$2,205Pt VII · Sec A
Program Assistant
$1,778Pt VII · Sec A
Youth Organizer
$1,624Pt VII · Sec A
Youth Oranizer
$300Pt VII · Sec A

Nicol Ayers’s $26K as Program Director is at the 15th percentile of top reported officer pay among 2167 $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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Mission & Programs · Part III

Where the work happens

3 program services account for $37K of program spending, described in the organization's own filed words · FY2022.
01

(check & Connect)

This life coping skills program is for youth aged 14 to 18 who are struggleing in school and involved with juvenile court or foster care. As a dropout prevention program - this strategy relies on close monitoring of school performance, mentoring, case management and other support.

$18Kprogram expense
02

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.

$14Kprogram expense
03

Pen or Pencil, a program of the National Alliance of Faith and 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.

$5Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants100%$173K
— government grantsLn 1e$149K
Total revenueLn 12$173K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.56 Management & general $0.44
Program services56%$94K
Management & general44%$74K
Total functional expensesLn 25$168K

Balance Sheet

Part X · end of year
CashLn 1$129K
Total assetsLn 16$129K
Total liabilitiesLn 26$0
Total net assetsLn 32$129K
Months of cash on handcomputed9.2

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $129K · Operating expenses (Pt IX) $168K · Less non-cash grants $189 · Cash operating expenses/yr $168K
9.2 months
Where the money goes
Program services
Program services $94K · Total expenses $168K
56%
Management & General
Management & general $74K · Total expenses $168K
44%
Fundraising
Fundraising $0 · Total expenses $168K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $15K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $173K · Total revenue $173K
100%
Government reliance
Government grants $149K · Total revenue $173K
86%
Earned-income share
Program service revenue $0 · Total revenue $173K
0%
Investment reliance
Investment income $0 · Total revenue $173K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $168K
0%
Growth & trend
Revenue growth (YoY)
This year $173K · Prior year $207K
-16%
Net-asset trend (YoY)
End of year $129K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $173K · Expenses $168K
+3%
Liabilities-to-Assets
Total liabilities — · Total assets $129K
Net-asset ratio
Net assets $129K · Total assets $129K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $129K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Nicol Ayers · Reported title Program Director · Highest reported compensation $69K · Total expenses $168K
41%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $99K · Total expenses $168K
59%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 56%
Overhead ratio 44%
Fundraising cost ratio 0%
Revenue growth -16%
Accounting fee ratio 2%

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 · ⤓ 990 PDF
FY2024$285K revenue · ⤓ 990 PDF
FY2023$89K revenue · ⤓ 990 PDF
FY2022$173K revenue · viewing · ⤓ 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) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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