Oceanic Global Foundation is located in New York, NY. The organization was established in 2018. According to its NTEE Classification (C20) the organization is classified as: Pollution Abatement & Control, under the broad grouping of Environment and related organizations. As of 12/2022, Oceanic Global Foundation employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oceanic Global Foundation 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 12/2022, Oceanic Global Foundation generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 57.9% each year . All expenses for the organization totaled $1.2m during the year ending 12/2022. While expenses have increased by 10.7% per year over the past 6 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
FOUNDED IN 2016, OCEANIC GLOBAL (OG) RECONNECTS HUMANITY TO THE OCEAN AS THE BEATING HEART OF THE EARTH, AND PROVIDES TANGIBLE SOLUTIONS AND BLUEPRINTS FOR COEXISTING IN HARMONY WITH THE NATURAL WORLD. THE 501C3 NON-PROFIT BUILDS TOOLS, MOBILIZES COMMUNITIES, AND DEVELOPS EDUCATIONAL RESOURCES AND STANDARDS THAT INSPIRE GLOBAL ACTION AND CATALYZE CROSS-SECTOR CHANGE. IN 2018, OCEANIC GLOBAL LAUNCHED THE BLUE STANDARD (BLUE), A FIRST-OF-ITS-KIND CROSS INDUSTRY STANDARD THAT ESTABLISHES UNIVERSAL ACCOUNTABILITY FOR RESPONSIBLE BUSINESS LEADERSHIP, WITH OVER 400+ GLOBAL BUSINESSES IN 30+ COUNTRIES AND 7 GLOBAL GOVERNMENTS ENGAGED TO DATE. OCEANIC GLOBAL IS BASED IN BROOKLYN, NEW YORK WITH INTERNATIONAL HUBS AND VOLUNTEER BASES IN NEW YORK, LONDON, LOS ANGELES, BARCELONA, TULUM, AND HONG KONG. REFLECTIVE OF ITS GLOBAL REACH, THE ORGANIZATION HAS ADDITIONALLY BEEN THE OFFICIAL NON-PROFIT AND PRODUCTION CONTRIBUTOR TO UNITED NATIONS WORLD OCEANS DAY SINCE 2019.
Describe the Organization's Program Activity:
IN THE DAY-TO-DAY OF MODERN LIFE, HUMANITY HAS LARGELY FORGOTTEN OUR ROLE WITHIN THE EARTH'S LARGER ECOSYSTEMS, AND HAS GROWN INCREASINGLY DISCONNECTED FROM THE OCEAN AS THE BEATING HEART AND LIFEBLOOD OF THE NATURAL WORLD. AS A RESULT, WE HAVE FALLEN OUT OF BALANCE WITH NATURE, AND DRIVEN OUR BLUE PLANET TO ITS NOW DIRE STATE. OUR ORIGIN PROGRAM APPEALS TO EMOTION AND TOUCHES PEOPLE'S HEARTS TO RECONNECT HUMANITY TO THE OCEAN AS THE LIFEBLOOD OF THE EARTH. ORIGIN ACCOMPLISHES THIS THROUGH EDUCATION, EXPERIENCES, THINK TANKS, CULTURAL GATHERINGS, AND CROSS-CHANNEL COMMUNICATION CENTERED ON ART, WELLNESS, INNOVATION, ANCIENT WISDOM, AND SCIENCE OCEANIC GLOBAL HAS LAUNCHED OVER 38 GLOBAL EDUCATIONAL CAMPAIGNS, PARTNERED WITH OVER 16 UNIVERSITIES AND OVER 180 ARTISTS, AND HAS ACTIVATED OCEAN CONSERVATION INITIATIVES IN OVER 26 COUNTRIES AROUND THE WORLD. IN ADDITION, OCEANIC GLOBAL HAS BEEN THE OFFICIAL NON-PROFIT AND PRODUCTION PARTNER TO UNITED NATIONS WORLD OCEANS DAY SINCE 2019, REACHING 1MM+ PEOPLE OVER 155 COUNTRIES WITH FREE OCEAN EDUCATION EACH YEAR.
WITH COASTAL COMMUNITIES AMONGST THE MOST VULNERABLE TO THE IMPENDING THREATS OF CLIMATE CHANGE, OCEANIC GLOBAL'S GRANTS PROGRAM PLACES POWER BACK INTO THE HANDS OF THOSE MOST IMPACTED, TO HELP THEM PROTECT THE ECOSYSTEMS AND COMMUNITIES THEY DEPEND ON, AS WELL AS TO HONOR AND LEARN FROM THEIR KNOWLEDGE. OCEANIC GLOBAL'S GRANTS ALLOCATE FUNDING TO THE MOST IN-NEED PROJECTS FOCUSED ON ESTABLISHING LOCAL AND COMMUNITY-LED RESILIENCE. OCEANIC GLOBAL WORKS WITH A GLOBAL TEAM OF PARTNERS AND ADVISORS TO IDENTIFY AND VET GRANT RECIPIENTS, AS WELL AS TO ENSURE ALL OF OG'S PROGRAMMATIC AREAS WORK TO UPLIFT AND FURTHER SUPPORT THE NEEDS OF THOSE ON THE FRONTLINES OF GROWING CLIMATE RISKS.
INDUSTRY IS A KEY DRIVER OF DEVASTATION FOR OUR BLUE PLANET BUT IT DOESN'T NEED TO BE. OCEANIC GLOBAL'S FIRST-OF-IT'S-KIND CROSS-INDUSTRY STANDARD, THE BLUE STANDARD (BLUE), EMPOWERS INDUSTRIES AND BUSINESSES OF ALL SIZES TO ACHIEVE MEASURABLE IMPACT THAT PROTECTS OUR BLUE PLANET AND ESTABLISHES UNIVERSAL ACCOUNTABILITY FOR SUSTAINABLE BUSINESS LEADERSHIP. BECOMING BLUE VERIFIED MEANS TAKING RESPONSIBILITY FOR OUR SHARED BLUE PLANET AND ALL IT SUSTAINS. CONSISTING OF BOTH 3-YEAR BUSINESS OPERATIONS SEALS AS WELL AS SEALS FOR PLASTIC FREE PRODUCT AND PACKAGING, BLUE STANDARD VERIFICATION IS AWARDED TO RELEVANT PARTICIPATING BUSINESSES TO CELEBRATE POSITIVE ACTION AND TO ENCOURAGE CONTINUED COMMITMENTS THAT PRIORITIZE THE HEALTH OF OUR COLLECTIVE FUTURE. THROUGH THE BLUE PROGRAM, OCEANIC GLOBAL HAS ENGAGED OVER 500+ BUSINESSES ACROSS 50+ COUNTRIES AND BUILT A NETWORK OF OVER 130 TRAINED CONSULTANTS, AND 300+ SUSTAINABLE VENDORS OFFERING ALTERNATIVES TO ENVIRONMENTALLY DETRIMENTAL PRODUCTS AND PROCESSES. IT HAS ALSO HELPED SHAPE SEVEN POLICIES BANNING SINGLE-USE PLASTICS IN THE US, NEW YORK STATE, NEW YORK CITY, SPAIN, BARBADOS, AND ITALY SO FAR.
EMPOWERING LOCAL LEADERS TO MAKE CONSERVATION INHERENT WITHIN COMMUNITIES IS KEY TO CREATING A FOUNDATION FOR LASTING CHANGE. OCEANIC GLOBAL'S HUBS PROGRAM NURTURES VOLUNTEER-BASED EXTENSIONS OF THE OCEANIC GLOBAL TEAM, DESIGNED TO DRIVE LOCALIZED IMPACT ON A GLOBAL SCALE. HUB LEADERSHIP RECEIVES GUIDANCE FROM OG'S HEADQUARTERS IN CARRYING OUT THE BROADER OCEANIC GLOBAL MISSION BY HOSTING EVENTS, IMPLEMENTING THE BLUE STANDARD AND OTHER INDUSTRY SOLUTIONS AMONGST LOCAL STAKEHOLDERS. PRIMARILY SITUATED IN COASTAL CITIES, THE HUBS ADDITIONALLY WORK WITH LOCAL DECISION-MAKERS TO SUPPORT CONSERVATION EFFORTS AND TO HELP SET NEW PRECEDENTS FOR ENVIRONMENTAL STEWARDSHIP WITHIN THEIR REGIONS. OCEANIC GLOBAL'S CURRENT HUB LOCATIONS INCLUDE: NEW YORK, HAMPTONS, LONDON, LOS ANGELES, AND BARCELONA. RECURRING HUB ACTIVATIONS INCLUDE: FILM SCREENINGS, BEACH CLEAN-UPS, ART-EXHIBITIONS, PANEL DISCUSSIONS, WORKSHOPS AND MORE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lea D'auriol Executive Director | OfficerTrustee | 40 | $114,996 |
Natasha Berg Secretary, Strategy Partner | OfficerTrustee | 15 | $63,400 |
James Sternlicht Director | Trustee | 1 | $0 |
Daniel Romano Treasurer | OfficerTrustee | 1 | $0 |
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 | $1,217,451 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,217,451 |
Total Program Service Revenue | $107,950 |
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 | $1,346,207 |
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. | $178,396 |
Compensation of current officers, directors, key employees. | $20,419 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $232,869 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $9,576 |
Payroll taxes | $21,652 |
Fees for services: Management | $0 |
Fees for services: Legal | $31,445 |
Fees for services: Accounting | $14,237 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $202,018 |
Advertising and promotion | $41,773 |
Office expenses | $22,516 |
Information technology | $1,877 |
Royalties | $0 |
Occupancy | $0 |
Travel | $90,791 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,316 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $8,083 |
Insurance | $3,909 |
All other expenses | $1,725 |
Total functional expenses | $1,206,447 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $885,540 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $15,722 |
Accounts receivable, net | $55,740 |
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 | $24,754 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $15,493 |
Other assets | $0 |
Total assets | $997,249 |
Accounts payable and accrued expenses | $27,351 |
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 | $600,000 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $627,351 |
Net assets without donor restrictions | $369,898 |
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 | $997,249 |