The@ocean View Foundation Inc
- Assets
- $3.9m
- Revenue
- $128.1k
- Investments
- $65.7k
- Employees
- 0
- Location
- Cos Cob, CT
- Founding
- 10/1999
- Data as of
- 01/2022
- EIN
- 22-3636378
Organization Overview
The@ocean View Foundation Inc is located in Cos Cob, CT. The organization was established in 1999. According to its NTEE Classification (C60) the organization is classified as: Environmental Education, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. The@ocean View Foundation 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 01/2022, The@ocean View Foundation Inc generated $128.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (5.8%) each year. All expenses for the organization totaled $91.5k during the year ending 01/2022. As we would expect to see with falling revenues, expenses have declined by (6.7%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAINTENANCE AND OPERATION OF NATURE PAVILION FACILITIES AND ALL PROPERTIES TO PROMOTE GREEN LIVING AND ENVIRONMENTAL AWARENESS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Josephine A Merck President | 1 | $0 | |
Oona Coy Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $60,495 |
| Interest on Savings | $0 |
| Dividends & Interest | $675 |
| Net Rental Income | $13,699 |
| Net Gain on Sale of Assets | $12,268 |
| Capital Gain Net Income | $68,253 |
| Net ST Capital Gain | $5,245 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $995 |
| Total Revenue | $128,133 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $15,000 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,827 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $66,081 |
| Total operating and administrative expenses | $91,512 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $91,512 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $33,214 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $65,668 |
| Net Land, buildings, and equipment | $3,841,936 |
| Other assets | $0 |
| Total assets | $3,940,818 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $2,401 |
| Total liabilities | $2,401 |
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