Wild Oceans Inc
- Assets
- $1.7m
- Revenue
- $579.6k
- Investments
- $0.0
- Employees
- 2
- Location
- Tampa, FL
- Founding
- 05/1974
- Data as of
- 12/2021
- EIN
- 58-1186029
Organization Overview
Wild Oceans Inc is located in Tampa, FL. The organization was established in 1974. According to its NTEE Classification (C30) the organization is classified as: Natural Resources Conservation & Protection, under the broad grouping of Environment and related organizations. As of 12/2021, Wild Oceans Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wild Oceans 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 12/2021, Wild Oceans Inc generated $579.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.7% each year . All expenses for the organization totaled $324.8k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
RESTORATION OF FISH STOCKS AND THE PROTECTION OF THE OCEAN ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESTORATION OF FISH STOCKS AND PROTECTION OF THE OCEAN ENVIRONMENT THROUGH THE PROMOTION OF PUBLIC AWARENESS AND ENCOURAGING SOUND MANAGEMENT POLICIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Kramer President | Officer | 40 | $113,461 |
Pamela Lyons Gromen Executive Director | Officer | 20 | $46,166 |
Arthur B Choate Chairman | OfficerTrustee | 2 | $0 |
Tim Ervin Vice Chair | OfficerTrustee | 2 | $0 |
William Boyce Director | Trustee | 2 | $0 |
Cj Bright Jr Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $64,146 |
| All other contributions, gifts, grants, and similar amounts not included above | $376,964 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $441,110 |
| Total Program Service Revenue | $0 |
| Investment income | $42,462 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $95,417 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $579,598 |
| 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. | $169,470 |
| Compensation of current officers, directors, key employees. | $24,092 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,211 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,349 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $91,800 |
| Advertising and promotion | $0 |
| Office expenses | $2,077 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,200 |
| Travel | $9,713 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $1,285 |
| Total functional expenses | $324,767 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $327,715 |
| Savings and temporary cash investments | $57,083 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,500 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $4,815 |
| Prepaid expenses and deferred charges | $6,300 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,296,920 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,000 |
| Total assets | $1,710,333 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $328,078 |
| Net assets with donor restrictions | $1,382,255 |
| 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 | $1,710,333 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Wild Oceans Inc has recieved totaling $57,500.
| Awarding Organization | Amount |
|---|---|
John A And Elizabeth F Taylor Charitable Foundation Inc Palm Beach Gardens, FL PURPOSE: GENERAL | $37,500 |
Reed Jules Oppenheimer Foundation Tulsa, OK PURPOSE: GENERAL OPEARTIONS | $20,000 |
Endowment Analysis
| Beg. Balance | $1,232,910 |
| Earnings | $179,786 |
| Admin Expense | $8,694 |
| Other Expense | $50,000 |
| Ending Balance | $1,354,002 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Conservancy Of Southwest Florida Inc Naples, FL | $94,704,498 | $12,247,834 |
Alabama Resource Conservation And Development Council Inc Montgomery, AL | $2,356,882 | $9,016,810 |
Sunshine State One-Call Of Florida Inc Debary, FL | $11,078,282 | $8,719,222 |
Sanibel-Captiva Conservation Foundation Inc Sanibel, FL | $41,236,821 | $6,688,886 |
Coral Restoration Foundation Inc Tavernier, FL | $10,072,417 | $6,671,082 |
Florida Three Rivers Resource Conservation And Development Milton, FL | $524,956 | $2,767,721 |
Southern Conservation Trust Inc Fayetteville, GA | $28,472,286 | $75,606 |
Tampa Baywatch Inc Tierra Verde, FL | $7,135,035 | $3,077,019 |
Okefenokee Swamp Park Inc Waycross, GA | $1,326,346 | $1,814,142 |
Nokuse Education Inc Freeport, FL | $19,059,829 | $1,096,271 |
Groundwork Jacksonville Inc Jacksonville, FL | $1,550,608 | $1,461,498 |
Conservation Foundation Of The Gulf Coast Inc Osprey, FL | $34,289,392 | $2,696,865 |