New England Oceanographic Laboratory Inc
- Assets
- $9.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Brunswick, ME
- Founding
- 04/2017
- Data as of
- 04/2024
- EIN
- 47-2405251
Organization Overview
New England Oceanographic Laboratory Inc is located in Brunswick, ME. The organization was established in 2017. According to its NTEE Classification (U21) the organization is classified as: Marine Science & Oceanography, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New England Oceanographic Laboratory 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 04/2024, New England Oceanographic Laboratory Inc generated $20.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (8.7%) each year. All expenses for the organization totaled $20.8k during the year ending 04/2024. As we would expect to see with falling revenues, expenses have declined by (9.0%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John P Christensen Chair Of Board Of Directors | 10 | $0 | |
Eri Y Heurlin Secretary Of Board Of Directors | 1 | $0 | |
John P Christensen Senior Researcher | 1 | $1,036 | |
Melaine Christensen-Fletcher Member Of Board Of Directors | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,868 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $20,868 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $1,450 |
| Professional fees and other payments to independent contractors | $441 |
| Occupancy, rent, utilities, and maintenance | $13,982 |
| Printing, publications, postage, and shipping | $1,306 |
| Other expenses | $3,659 |
| Total expenses | $20,838 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,427 |
| Other assets | $0 |
| Total assets | $9,227 |
| Total liabilities | $15,167 |
| Net assets or fund balances | -$5,940 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sea Education Association Inc Falmouth, MA | $23,348,494 | $10,645,271 |
Gloucester Marine Genomics Institute Incorporated Gloucester, MA | $9,194,920 | $5,663,713 |
Northeastern Regional Association Of Coastal Ocean Observation Syste Portsmouth, NH | $983,680 | $4,416,158 |
Atlantic White Shark Conservancy Inc Chatham, MA | $3,021,890 | $1,764,374 |
The Perry Institute For Marine Science Inc Waitsfield, VT | $1,820,070 | $2,329,840 |
Gulf Of Maine Lobster Foundation Inc Kennebunk, ME | $151,891 | $972,485 |
Maine Center For Coastal Fisheries Stonington, ME | $1,658,738 | $561,142 |
Zephyr Education Foundation Falmouth, MA | $14,140 | $0 |