S E A Crusades EIN 74-2383194

S E A Crusades

EIN  74-2383194 Public charity (501(c)(3)) Carrollton, VA
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Size
$100K–1M
What they do
Spreads the gospel through teaching, preaching, and aid, supporting ministers worldwide.
Leadership
Ted W Jensen · President
Money in and out
$222K revenue, $201K expenses
Bottom line
99% program efficiency

Spreads the gospel through teaching, preaching, and aid, supporting ministers worldwide. For fiscal year 2024 it reported $222K in revenue, $201K in expenses, and $130K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$222K
Pt VIII · Ln 12
Total expenses
$201K
Pt IX · Ln 25
Net assets
$130K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $21K
Where spending went · Part IX cols B–D
Program services $0.99 Management & general $0.01
Program efficiency
99%
of spending reaches programs
Operating runway
9.0mo
months of highly liquid reserves at operating expense rate▲ +38% vs prior filing year
Surplus margin
+10%
revenue over expenses, this year▲ +659% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$222K
FY2024▲ +13%
Expenses
$201K
FY2024▼ -3%
Total assets
$130K
FY2024▲ +14%
Total liabilities
$0
FY2024
Total revenue
$222K
Pt VIII · Ln 12
Total expenses
$201K
Pt IX · Ln 25
Net assets
$130K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$21K
Total assetsPt X · Ln 16$130K
Program-expense ratioPt IX · col B99%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

3 program services account for $198K of program spending, described in the organization's own filed words · FY2024.
01

Supported the evangelistic, teaching, serving, preaching,leadership,counseling,prayer and administrative ministries for 25-30 persons and/or organizations, who are serving and have served in stateside and overseas capacities with prayer, counseling and finances as they have been involved in furthering the vison,goals and purposes of Sea…

$131Kprogram expense
02

Supported the evangelistic/pastoral ministry of Noaman Serosh and his family both in the USA and overseas through prayer and finances. This includes but not limited to numerous weekly prayer meetings,church services,radio and social media messages and personal ministry to the needy and local church members.

$38Kprogram expense
03

Supported the missionary ministry of International Equipping Ministries (IEM) with payer and finances. IEM is a USA 501(c)3 organization EIN 47-5482849 that has been conducting open air evangelistic crusades in Europe,Africa,Asia and N.America for many years They are currently based in the Ivory Coast,West Africa and work with the local…

$29Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CS E A Crusades
EINHdr · item D74-2383194
Principal addressHdr · item CCarrollton, VA
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MVA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFDec 1985

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Sec/Treasurer
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$219K · 99%
Investment income$3K · 1%
Contributions & grants99%$219K
Investment income1%$3K
Total revenueLn 12$222K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.99 Management & general $0.01
Program services99%$198K
Management & general1%$2K
Total functional expensesLn 25$201K

Balance Sheet

Part X · end of year
CashLn 1$130K
Total assetsLn 16$130K
Total liabilitiesLn 26$0
Total net assetsLn 32$130K
Months of cash on handcomputed7.8

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $130K · Operating expenses (Pt IX) $201K · Less non-cash grants $27K · Cash operating expenses/yr $174K
9.0 months
Where the money goes
Program services
Program services $198K · Total expenses $201K
99%
Management & General
Management & general $2K · Total expenses $201K
1%
Fundraising
Fundraising $0 · Total expenses $201K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $212K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $219K · Total revenue $222K
99%
Government reliance
Government grants — · Total revenue $222K
Earned-income share
Program service revenue $0 · Total revenue $222K
0%
Investment reliance
Investment income $3K · Total revenue $222K
+1%
Program self-sufficiency
Program service revenue $0 · Total expenses $201K
0%
Growth & trend
Revenue growth (YoY)
This year $222K · Prior year $196K
+13%
Revenue CAGR
FY2020 $224K · FY2024 $222K
0%
Net-asset trend (YoY)
End of year $130K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $222K · Expenses $201K
+10%
Liabilities-to-Assets
Total liabilities — · Total assets $130K
Net-asset ratio
Net assets $130K · Total assets $130K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $130K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Ted W Jensen · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $201K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $201K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 99%
Overhead ratio 1%
Fundraising cost ratio 0%
Revenue growth 13%

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 · received and paid
Grants received · FY2023
Total grants receivedfrom 2 funders$27K
Grants paid · 32 grants · $340K · 2020–2024
IemVA · FY2024$29,262
Step Ahead INCNY · FY2024$6,150
IemVA · FY2022$27,882
Unitemized GrantFY2022$15,770
Unitemized GrantFY2022$12,655
Unitemized GrantFY2022$6,140
Step Ahead INCNY · FY2022$5,500
Unitemized GrantFY2022$5,300
Unitemized GrantFY2022$3,799
Unitemized GrantFY2022$2,300
Unitemized GrantFY2022$2,200
Unitemized GrantFY2022$588
Unitemized GrantFY2022$300
IemVA · FY2021$27,882
Step Ahead INCNY · FY2021$5,500
Unitemized GrantFY2020$38,402
IemVA · FY2020$27,050
See all 32 grants →

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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
FY2024 (Latest)$222K revenue · viewing · ⤓ 990 PDF
FY2023$196K revenue · ⤓ 990 PDF
FY2022$206K revenue · ⤓ 990 PDF
FY2021$221K revenue · ⤓ 990 PDF
FY2020$224K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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