Ocean River Institute Inc
- Assets
- $38.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 5
- Location
- Cambridge, MA
- Founding
- 05/2007
- Data as of
- 01/2023
- EIN
- 20-8273235
Organization Overview
Ocean River Institute Inc is located in Cambridge, MA. The organization was established in 2007. According to its NTEE Classification (C12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Environment and related organizations. As of 01/2023, Ocean River Institute Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ocean River Institute Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 01/2023, Ocean River Institute Inc generated $163.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (9.9%) each year. All expenses for the organization totaled $149.8k during the year ending 01/2023. As we would expect to see with falling revenues, expenses have declined by (8.7%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO FOSTER GREATER PERSONAL INVOLVEMEMT IN CONSERVATION, RESOURCE MONITORING AND PROTECTING ECOSYSTEMS, BUILDING RELATIONSHIP WITH SCIENTISTS AND COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jay Baldwin Treasurer | 0.5 | $0 | |
Ronald Moir President | 40 | $0 | |
James Elder Clerk | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $163,042 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $163,044 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $25,282 |
| Professional fees and other payments to independent contractors | $92,974 |
| Occupancy, rent, utilities, and maintenance | $30,133 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,374 |
| Total expenses | $149,763 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $27,804 |
| Other assets | $0 |
| Total assets | $38,017 |
| Total liabilities | $6,046 |
| Net assets or fund balances | $31,971 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Ocean River Institute Inc has recieved totaling $43,089.
| Awarding Organization | Amount |
|---|---|
Essex County Community Foundation Incorporated Danvers, MA | | $38,000 |
The Red Elm Tree Foundation Lincoln, MA PURPOSE: GENERAL PURPOSE GRANT | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $89 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Massachusetts Bay Health Care Tr Fund Lexington, MA | $12,775,063 | $19,479,998 |
Save The Sound Inc New Haven, CT | $16,166,777 | $7,096,734 |
Madison Square Park Conservancy Inc New York, NY | $17,758,568 | $5,971,586 |
Climate Group Inc New York, NY | $1,626,352 | $3,142,770 |
Maliasili Initiatives Inc Essex Junction, VT | $4,153,598 | $3,854,064 |
Alexander Foundation Inc New York, NY | $78,432,916 | $6,451,996 |
New England Grassroots Environment Fund Inc Newmarket, NH | $5,524,105 | $2,287,088 |
Tourism Cares Inc Norwood, MA | $2,148,186 | $1,174,349 |
Ashoka Trust For Research In Ecology And The Environment Inc Belmont, MA | $896,848 | $1,011,869 |
Woolrich Outdoor Foundation New York, NY | $94,874 | $697,419 |
East Hampton Village Foundation East Hampton, NY | $1,386,264 | $1,719,535 |
United Teachers Of Island Trees Welfare Fund Levittown, NY | $123,714 | $275,321 |