Ocean Research And Educational Foundation Inc
- Assets
- $423.9k
- Revenue
- $43.4k
- Investments
- $238.2k
- Employees
- 0
- Location
- Big Pine Key, FL
- Founding
- 09/1998
- Data as of
- 12/2021
- EIN
- 65-0821403
Organization Overview
Ocean Research And Educational Foundation Inc is located in Big Pine Key, FL. The organization was established in 1998. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ocean Research And Educational 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 12/2021, Ocean Research And Educational Foundation Inc generated $43.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.8% each year . All expenses for the organization totaled $36.7k during the year ending 12/2021. While expenses have increased by 6.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORE DIRECT PROGRAM SUPPORT FOR AGRRA - ATLANTIC & GULF RAPID REEF ASSESSMENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Philip Kramer President | 3 | $0 | |
Judith Lang Vice President | 30 | $0 | |
Ken Marks Treasurer | 3 | $0 | |
Patricia Kramer Secretary | 30 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $36,600 |
| Interest on Savings | $3,433 |
| Dividends & Interest | $3,360 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $23 |
| Capital Gain Net Income | $23 |
| Net ST Capital Gain | $1 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $43,416 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $136 |
| Depreciation | $573 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $34,800 |
| Total operating and administrative expenses | $36,709 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $36,709 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $180,995 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $4,667 |
| Other assets | $0 |
| Total assets | $423,885 |
| 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 | $0 |
| Total liabilities | $0 |
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