Veterans Ocean Adventures Inc
- Assets
- $15.6k
- Revenue
- $30.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Doral, FL
- Founding
- 07/2010
- Data as of
- 12/2019
- EIN
- 26-4179467
Organization Overview
Veterans Ocean Adventures Inc is located in Doral, FL. The organization was established in 2010. According to its NTEE Classification (W30) the organization is classified as: Military & Veterans Organizations, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Veterans Ocean Adventures 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 12/2019, Veterans Ocean Adventures Inc generated $30.8k 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 (6.9%) each year. All expenses for the organization totaled $57.1k during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2019
Describe the Organization's Mission:
Part 3 - Line 1
CREATE AN OPPORTUNITY FOR VETERANS TO EXPERIENCE THE HEALING POWER OF WATER
Describe the Organization's Program Activity:
Part 3 - Line 4a
INTRODUCE VETERANS TO SCUBA DIVING, SAILING, KAYAKING AND OTHER WATER SPORTS IN ORDER TO PROMOTE WELLNESS AND EMOTIONAL HEALING.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patricia Randall Director | OfficerTrustee | 1 | $0 |
Meaghan Gies Director | OfficerTrustee | 1 | $0 |
Branson Rector Director | OfficerTrustee | 10 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Maria A Haviland Tax Prep And Accounting | 12/30/19 | $900 |
Safenav Marine Llc Sailing Instructor | 12/30/19 | $813 |
James R Paddon Diving Instructor | 12/30/19 | $5,619 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $273 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $29,779 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,052 |
| Total Program Service Revenue | $0 |
| Investment income | $770 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $30,822 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $1,000 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $773 |
| Office expenses | $139 |
| Information technology | $188 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,170 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,948 |
| Insurance | $1,956 |
| All other expenses | $2,971 |
| Total functional expenses | $57,112 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,313 |
| Savings and temporary cash investments | $1,310 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $208 |
| Net Land, buildings, and equipment | $10,780 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $15,611 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $500 |
| Other liabilities | $0 |
| Total liabilities | $500 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $15,111 |
| Total liabilities and net assets/fund balances | $15,611 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Veterans Ocean Adventures Inc has recieved totaling $176.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $176 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Team Red White & Blue Inc Atlanta, GA | $10,402,897 | $10,336,911 |
The American Legion Orlando, FL | $4,425,997 | $3,913,463 |
Veterans Empowerment Organization Of Georgia Inc Atlanta, GA | $5,110,799 | $3,778,915 |
Herobox Inc Peachtree City, GA | $304,478 | $2,248,382 |
Florida Is For Veterans Inc Tallahassee, FL | $751,359 | $2,131,929 |
Coming Home Foundation Jupiter, FL | $108,984 | $1,903,875 |
Still Serving Vets Huntsville, AL | $1,067,299 | $1,618,512 |
American Legion Saint Petersburg, FL | $4,958,464 | $1,845,913 |
Sovereign Military Hospitaller Knights Of The Imperial Orders Inc Tampa, FL | $23 | $1,166,390 |
Warrior Alliance Inc Atlanta, GA | $548,665 | $766,609 |
Veterans Of Foreign Wars Of The United States Dept Of Florida Ocala, FL | $9,010,072 | $1,574,934 |
Veterans Recovery Resources Mobile, AL | $2,228,899 | $1,983,638 |