Fabien Cousteau Ocean Learning Center Inc
- Assets
- $836.2k
- Revenue
- $241.7k
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 05/2016
- Data as of
- 12/2021
- EIN
- 81-1548424
Organization Overview
Fabien Cousteau Ocean Learning Center Inc is located in New York, NY. The organization was established in 2016. According to its NTEE Classification (C30) the organization is classified as: Natural Resources Conservation & Protection, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fabien Cousteau Ocean Learning Center 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, Fabien Cousteau Ocean Learning Center Inc generated $241.7k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 25.8% each year . All expenses for the organization totaled $197.2k during the year ending 12/2021. While expenses have increased by 30.8% per year over the past 3 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
DEDICATED TO PROTECTING AND PRESERVING OUR PLANET'S WATERS, COASTAL AREAS & MARINE HABITATS BY FACILITATING EDUCATION, RESEARCH, COLLABORATION, ADVOCACY & EMPOWERMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORGANIZE SEA TURTLE, CORAL REEF AND MANGROVE RESTORATION PROJECTS AS WELL AS BEACH CLEANUPS. SUPPORTING THE ENGINEERING AND CONSTRUCTING A STATE OF THE ART RESEARCH FACILITY 60' BELOW THE SURFACE OF THE OCEAN.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Fabien Cousteau President & Founder | OfficerTrustee | 20 | $17,500 |
Storm Boswick Treasurer | OfficerTrustee | 2 | $0 |
Brian Boardman Chair Governance/nominating Committee | Trustee | 2 | $0 |
Courtney Brady Chair Fundraising/development | Trustee | 2 | $0 |
Matt Gilbert Trustee | Trustee | 1 | $0 |
Justin Muir Chair Programming Coral Reef | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $237,251 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $237,251 |
| Total Program Service Revenue | $4,045 |
| 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 | $241,696 |
| 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. | $17,500 |
| 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 | $82,500 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $10,430 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,214 |
| Office expenses | $4,479 |
| Information technology | $543 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $817 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,503 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,691 |
| All other expenses | $4,234 |
| Total functional expenses | $197,194 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $71,420 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $750,000 |
| Intangible assets | $0 |
| Other assets | $14,802 |
| Total assets | $836,222 |
| 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 | $31,687 |
| Total liabilities | $31,687 |
| Net assets without donor restrictions | $749,344 |
| Net assets with donor restrictions | $55,191 |
| 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 | $836,222 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Fabien Cousteau Ocean Learning Center Inc has recieved totaling $30,086.
| Awarding Organization | Amount |
|---|---|
George F Baker Uw Palm Beach Gardens, FL PURPOSE: FULFILLING COMMUNITY NEEDS | $25,000 |
Harry & Flora D Freund Memorial Foundation New York, NY PURPOSE: GENERAL FUNDING SUPPORT | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $86 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Massachusetts Audubon Society Inc Lincoln, MA | $290,978,469 | $38,308,793 |
Environmental Defense Action Fund New York, NY | $6,474,489 | $29,024,607 |
Council On The Environment Inc New York, NY | $42,012,048 | $22,554,174 |
Sustainable Markets Foundation New York, NY | $17,976,931 | $19,381,628 |
Only One Inc New York, NY | $3,262,058 | $9,834,103 |
New Jersey Audubon Society Bernardsville, NJ | $31,869,877 | $7,026,003 |
Cec Stuyvesant Cove Inc Long Island City, NY | $4,789,679 | $6,047,317 |
Wildlife Management Institute Inc Cabot, VT | $3,841,271 | $5,821,824 |
The Connecticut Audubon Society Incorporated Fairfield, CT | $62,592,543 | $6,801,215 |
Ruffed Grouse Society Pittsburgh, PA | $13,438,836 | $6,572,928 |
Mothers Out Front Inc Cambridge, MA | $3,902,382 | $3,274,134 |
Nantucket Conservation Foundation Inc Nantucket, MA | $151,824,686 | $12,776,139 |