Consortium For Ocean Leadership Inc
- Assets
- $4.7m
- Revenue
- $4.7m
- Investments
- $0.0
- Employees
- 35
- Location
- Washington, DC
- Founding
- 01/1995
- Data as of
- 09/2021
- EIN
- 52-1892964
Organization Overview
Consortium For Ocean Leadership Inc is located in Washington, DC. The organization was established in 1995. According to its NTEE Classification (U21) the organization is classified as: Marine Science & Oceanography, under the broad grouping of Science & Technology and related organizations. As of 09/2021, Consortium For Ocean Leadership Inc employed 35 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Consortium For Ocean Leadership 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 09/2021, Consortium For Ocean Leadership Inc generated $4.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (41.3%) each year. All expenses for the organization totaled $5.3m during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (40.2%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Consortium For Ocean Leadership Inc has awarded 170 individual grants totaling $1,724,562. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SHAPE THE FUTURE OF OCEAN SCIENCE AND TECHNOLOGY THROUGH DISCOVERY, UNDERSTANDING AND ACTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE OCEAN OBSERVATORIES INITIATIVE (OOI) WILL CONSTRUCT A NETWORKED INFRASTRUCTURE OF SCIENCE-DRIVEN SENSOR SYSTEMS TO MEASURE THE PHYSICAL, CHEMICAL, GEOLOGICAL AND BIOLOGICAL VARIABLES IN THE OCEAN AND SEAFLOOR.
THE GULF OF MEXICO RESEARCH INITIATIVE (GOMRI) WILL INVESTIGATE THE IMPACTS OF THE OIL, DISPERSED OIL, AND DISPERSANT ON THE ECOSYSTEMS OF THE GULF OF MEXICO AND AFFECTED COASTAL STATES IN A BROAD CONTEXT OF IMPROVING FUNDAMENTAL UNDERSTANDING OF THE DYNAMICS OF SUCH EVENTS AND THEIR ENVIRONMENTAL STRESSES AND PUBLIC HEALTH IMPLICATIONS.
THE NOSB IS AN ACADEMIC COMPETITION AND PROGRAM THAT ADDRESSES A NATIONAL GAP IN ENVIRONMENTAL AND EARTH SCIENCES IN THE PUBLIC EDUCATION BY INTRODUCING HIGH SCHOOL STUDENTS TO AND ENGAGING THEM IN OCEAN SCIENCE, PREPARING THEM FOR OCEAN SCIENCE-RELATED AND OTHER STEM CAREERS, AND HELPING THEM BECOME KNOWLEDGEABLE CITIZENS AND ENVIRONMENTAL STEWARDS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Yan Xing VP And CFO | Officer | 40 | $403,762 |
Radm Jonathan White President & CEO | Officer | 40 | $261,776 |
Kristen Yarincik VP Research And Education | Officer | 40 | $166,324 |
Yin Yin Ooi Comptroller | 40 | $146,015 | |
Andrea Mccurdy Sr. Program Manager, Eopolc | 40 | $142,786 | |
Tammy Hancock Sr. Accounting Manager | 40 | $132,860 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Louisiana Universities Marine Consortium Implementation Of Research | 9/29/20 | $1,984,418 |
University Of South Florida Implementation Of Research | 9/29/20 | $1,779,428 |
University Of Miami Implementation Of Research | 9/29/20 | $4,216,136 |
National Marine Mammal Foundation Implementation Of Research | 9/29/20 | $1,226,752 |
University Of Texas-austin Implementation Of Research | 9/29/20 | $1,635,939 |
University Of Miami Implementation Of Research | 9/29/20 | $4,216,136 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,317,313 |
| All other contributions, gifts, grants, and similar amounts not included above | $881,429 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,198,742 |
| Total Program Service Revenue | $474,926 |
| Investment income | $0 |
| 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 | $4,673,668 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $171,000 |
| Grants and other assistance to domestic individuals. | $34,250 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $703,841 |
| Compensation of current officers, directors, key employees. | $434,746 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,120,631 |
| Pension plan accruals and contributions | $202,128 |
| Other employee benefits | $297,326 |
| Payroll taxes | $217,852 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $40,452 |
| Fees for services: Accounting | $90,152 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $789,745 |
| Advertising and promotion | $3,011 |
| Office expenses | $79,516 |
| Information technology | $92,466 |
| Royalties | $0 |
| Occupancy | $206,272 |
| Travel | $22,663 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,650 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,890 |
| Insurance | $102,445 |
| All other expenses | $63,193 |
| Total functional expenses | $5,255,483 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $401,200 |
| Savings and temporary cash investments | $1,507,266 |
| Pledges and grants receivable | $650,573 |
| Accounts receivable, net | $2,045,171 |
| 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 | $39,104 |
| Net Land, buildings, and equipment | $15,895 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $28,465 |
| Total assets | $4,687,674 |
| Accounts payable and accrued expenses | $274,562 |
| Grants payable | $0 |
| Deferred revenue | $2,463,487 |
| 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 | $0 |
| Other liabilities | $675,152 |
| Total liabilities | $3,413,201 |
| Net assets without donor restrictions | $1,274,473 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $4,687,674 |
Grants Awarded
Over the last fiscal year, Consortium For Ocean Leadership Inc has awarded $171,000 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
Ann Arbor, MI PURPOSE: NOSB REGIONAL AWARD | $9,000 |
UNIVERSITY OF WISCONSIN-MILWAUKEE PURPOSE: NOSB REGIONAL AWARD | $9,000 |
YOUNGSTOWN STATE UNIVERSITY PURPOSE: NOSB REGIONAL AWARD | $9,000 |
Cambridge, MA PURPOSE: NOSB REGIONAL AWARD | $9,000 |
Piscataway, NJ PURPOSE: NOSB REGIONAL AWARD | $9,000 |
SAVANNAH STATE UNIVERSITY PURPOSE: NOSB REGIONAL AWARD | $9,000 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Consortium For Ocean Leadership Inc has recieved totaling $154,285.
| Awarding Organization | Amount |
|---|---|
Richard Lounsbery Foundation Inc Washington, DC PURPOSE: PLANNING AN OCEAN SOUND DECADE | $99,747 |
Mightycause Charitable Foundation Marianna, FL PURPOSE: UNRESTRICTED | $19,185 |
Richard Lounsbery Foundation Inc Washington, DC PURPOSE: OCEAN SCIENCE AND TECHNOLOGY COMMUNITY DIALOGUE TO ADVANCE CRITICAL RESEARCH, EXPLORATION, AND EDUCATION | $12,000 |
Gordon E And Betty I Moore Foundation Palo Alto, CA PURPOSE: IN SUPPORT OF THE NATIONAL OCEAN SCIENCES BOWL TO BE HELD IN THE WASHINGTON D.C. AREA ON A YET TO BE DETERMINED DATE IN 2022. | $10,000 |
Schmidt Ocean Institute Palo Alto, CA PURPOSE: NOEF NATIONAL OCEAN EXPLORATION FORUM 2021-2022 | $10,000 |
Gordon E And Betty I Moore Foundation Palo Alto, CA PURPOSE: IN SUPPORT OF GENERAL OPERATIONS. | $1,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Consortium For Ocean Leadership Inc Washington, DC | $4,687,674 | $4,673,668 |
Marine Technology Society Inc Washington, DC | $7,132,686 | $1,889,360 |
Marine Science Consortium Inc Wallops Island, VA | $12,768,305 | $1,791,311 |
The Washington Dc Area Marine Aquarist Society Reston, VA | $128,850 | $281,664 |
Responsible Offshore Science Alliance Washington, DC | $629,297 | $295,000 |
Ocean Visions Inc Leesburg, VA | $2,405,679 | $2,291,104 |
Molluscan Science Foundation Inc Owings Mills, MD | $17,270,125 | $2,816,927 |
Crustacean Society Herndon, VA | $915,214 | $104,058 |
Foundation For Underwater Research And Education Inc Haymarket, VA | $66,529 | $0 |
Ipac Marine Environmental Research Corporation Melfa, VA | $47,772 | $0 |
Center For Research On The Changing Earth System Clarksville, MD | $8,563 | $0 |