Seabrook Island Club Employee Assistance Fund
Public records show a registered, tax-exempt organization in good standing.
What it says it does
The Seabrook Island Employee Assistance Fund raises funds to provide financial assistance to the valued employees of Seabrook Island. The Fund exists to alleviate barriers and inspire success.
- Income
- $91,089
- Spending
- $72,592
- Spent on programs
- 94%
- Reserves
- 31.8 months of spending
- Largest source of income
- donations and private grants, 58%
- Employees
- 0
- Volunteers
- 10
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 90 out of 100. Higher than 75% of charities in its peer group (human services, under $250k).
Reserves
35 of 35Spendable reserves would cover 31.8 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 20% of income.
Income trend
5 of 15Income fell 24% on the year before.
Spending floor
15 of 1594% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 81 out of 100. Higher than 70% of charities in its peer group (human services, under $250k).
Independent board
25 of 256 of 6 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $68,144 spent. The Employee Assistance Fund was created in 2023 to be of assistance to the many employees of the Seabrook Island Club, and eventually to eligible employees of the Seabrook Island Property Owners' Association and the Town of Seabrook Island. The fund is supported by donations and by various fundraising events held by the Fund.Seabrook Island Employee Assistance FundThe Seabrook Island Employee Assistance Fund helps employees who are experiencing economic hardship and are unable to afford housing, utilities, and other basic living needs because of a natural disaster; life threatening illness or injury; death or other catastrophic or unforeseen circumstances. Awards may be made in the amount of the hardship up to $4,000. The maximum award is not guaranteed, and in many cases, a lesser amount will be awarded. All payments are made directly to vendors; no assistance funds will be sent directly to applicants and applicants will not be reimbursed. An employee can only be approved for assistance once within a six month period. (Continued on Schedule O) Scholarship FundThe Nancy Beaudway Memorial Scholarship Fund will be launched in early 2026 to allow employees, who qualify, to apply for funding to assist with educational needs such as tuition, certifications or classes to help them become educated in whatever field they choose.Fundraising EventsThe Bourbon, Bluegrass Benefit was a successful fundraising event on March 20, 2025 which included bourbon tastings, a bluegrass quarter, creative food options and a live auction. Approximately $70,000 was raised through ticket sales, sponsorships and live auction items while promoting awareness about the Seabrook Island Employee Assistance Fund.The 2026 spring fundraising event will be the Bootleggers Bash to be held on Thursday, May 14, 2026. This event will offer a 1920's speakeasy type theme with live music, a spirited menu and live auction items. We hope to raise close to $70,000 once again.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since March 2023.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.