Oceanic Global Foundation
- Assets
- $874.8k
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 4
- Location
- Brooklyn, NY
- Founding
- 05/2018
- Data as of
- 12/2021
- EIN
- 81-4694803
Organization Overview
Oceanic Global Foundation is located in Brooklyn, 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 12/2021, Oceanic Global Foundation employed 4 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 12/2021, Oceanic Global Foundation generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 73.0% each year . All expenses for the organization totaled $752.6k during the year ending 12/2021. While expenses have increased by 2.8% per year over the past 5 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
OCEANIC GLOBAL INSPIRES US TO CARE DEEPLY FOR THE OCEAN AND PROVIDES SOLUTIONS TO PROTECT IT. THE INTERNATIONAL NON-PROFIT SHEDS LIGHT ON HUMANITY'S ESSENTIAL RELATIONSHIP TO THE OCEAN AND EMPOWERS INDIVIDUALS, COMMUNITIES, AND INDUSTRIES TO CREATE POSITIVE CHANGE. OCEANIC GLOBAL CREATES EDUCATIONAL EXPERIENCES, CONSULTS ON SUSTAINABLE OPERATIONS, AND ENGAGES LOCAL COMMUNITIES TO GENERATE MEASURABLE IMPACT FOR OUR COLLECTIVE WELLBEING.
Describe the Organization's Program Activity:
OCEANIC GLOBAL'S FIRST PILLAR IS FOCUSED ON EDUCATIONAL ENGAGEMENT AND COMMUNITY-BASED PROGRAMS. OCEANIC GLOBAL'S GRASSROOTS INITIATIVES EMPOWER PEOPLE TO EMBRACE BEHAVIORAL CHANGE AND RESPONSIBLE CONSUMPTION. OCEANIC GLOBAL HAS LAUNCHED OVER 38 EDUCATIONAL AND AWARENESS-ORIENTED CAMPAIGNS WORLDWIDE, PARTNERED WITH OVER 16 UNIVERSITIES, HAD OVER 180 (AND COUNTING) ARTISTS PARTNER WITH US ON VARIOUS SCALES, AND HAVE ACTIVATED IN OVER 26 CITIES GLOBALLY TO TAKE ACTION TOWARDS CONSERVATION. IN ADDITION, OCEANIC GLOBAL HAS BEEN THE PRIMARY CONTRIBUTING PARTNER TO UNITED NATIONS WORLD OCEANS DAY SINCE 2019.
AS PART OF OCEANIC GLOBAL'S GRASSROOTS INITIATIVES, OCEANIC GLOBAL LAUNCHED A 'HUBS' PROGRAM. OCEANIC REGIONAL HUBS ARE VOLUNTEER-BASED NETWORKS THAT BRIDGE TOGETHER OCEANIC GLOBAL'S GRASSROOTS PROGRAMMING WITH THEIR LARGER-SCALE INITIATIVES. HUB MEMBERS WORK WITH OCEANIC GLOBAL'S CORPORATE TEAM TO SPEARHEAD AWARENESS AND FUNDRAISING EVENTS, IMPLEMENT REGIONAL PROGRAMS AND CAMPAIGNS, AND DRIVE LOCALIZED IMPACT AROUND THE WORLD. OCEANIC'S CURRENT HUB LOCATIONS INCLUDE NEW YORK, HAMPTONS, LONDON, LOS ANGELES, AND BARCELONA. REOCCURRING ACTIVATIONS INCLUDING: FILM SCREENINGS, BEACH CLEAN-UPS, ART EXHIBITIONS AND MORE. THESE ACTIONS ALLOW OCEANIC GLOBAL TO CREATE LOCALIZED IMPACT ON A GLOBAL SCALE, AS WELL AS PROVIDE AUDIENCES WITH EDUCATIONAL CONTENT AND PRACTICAL SOLUTIONS.
OCEANIC GLOBAL'S SECOND PILLAR PROVIDES INDUSTRY SOLUTIONS THROUGH THEIR PROGRAM, THE BLUE STANDARD. A CROSS-INDUSTRY STANDARD BY OCEANIC GLOBAL, 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.BLUE OFFERS A 3-STAR VERIFICATION FOR BUSINESS OPERATIONS ALONGSIDE OPEN-SOURCE RESOURCES, STEP-BY-STEP AUDITING AND CONSULTATION SUPPORT, AND BUYING DEALS WITH VETTED VENDORS TO HELP BUSINESSES ELIMINATE SINGLE-USE PLASTICS AND OPERATE SUSTAINABLY. BLUE ALSO OFFERS PRODUCT AND PACKAGING SEALS THAT VERIFY CONSUMER PACKAGED GOODS FOR MEETING BLUE'S PLASTIC-FREE CRITERIA. THE TWO SYNERGISTIC OFFERINGS WORK TOGETHER TO EMPOWER BUSINESSES TO ACHIEVE MEASURABLE IMPACT THAT PROTECTS OUR BLUE PLANET. BLUE INCLUDES A SET OF FREE INDUSTRY-SPECIFIC GUIDES FOR ADOPTING SUSTAINABLE PRACTICES. BLUE VERIFICATION SYSTEM THAT HAS RECOGNIZED 400+ BUSINESSES IN ADOPTING SUSTAINABLE PRACTICES. INDUSTRY EDITIONS INCLUDE: RESPONSIBLE TOURISM, HOSPITALITY, NIGHTLIFE AND FESTIVAL, OFFICE, MUSIC INDUSTRY, AND PROFESSIONAL SPORTS. BLUE HAS BEEN IMPLEMENTED IN OVER 26 COUNTRIES WORLDWIDE INCLUDING REGIONS IN SPAIN, U.S, UK, BARBADOS, TULUM MEXICO. AS PART OF BLUE, OCEANIC GLOBAL WILL BE ENGAGING MORE BUSINESSES ACROSS SECTORS TO SHIFT THEIR OPERATING PRACTICES WITH A FOCUS ON ELIMINATING SINGLE-USE PLASTICS. THIS INCLUDES HOSTING COLLABORATIVE EVENTS IN DIFFERENT MARKETS TO INTRODUCE OCEANIC GLOBAL'S RESOURCES AND BROADEN THESE CONSERVATION EVENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lea D'auriol Founder, Executive Directo | OfficerTrustee | 40 | $114,996 |
Natasha Berg Secretary, Strategy Partne | OfficerTrustee | 15 | $49,200 |
James Sternlicht Director | OfficerTrustee | 1 | $0 |
Nicholas Williams Treasurer | OfficerTrustee | 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 | $1,153,241 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,153,241 |
| Total Program Service Revenue | $181,582 |
| 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 | $12,684 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,347,507 |
| 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. | $164,196 |
| Compensation of current officers, directors, key employees. | $16,912 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $72,715 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $9,070 |
| Payroll taxes | $15,447 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $32,783 |
| Fees for services: Accounting | $11,419 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $210,877 |
| Advertising and promotion | $136,101 |
| Office expenses | $36,325 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,456 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $501 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $674 |
| Insurance | $910 |
| All other expenses | $486 |
| Total functional expenses | $752,566 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $846,663 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,549 |
| 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 | $0 |
| Intangible assets | $0 |
| Other assets | $23,576 |
| Total assets | $874,788 |
| Accounts payable and accrued expenses | $44,650 |
| 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 | $644,650 |
| Net assets without donor restrictions | $230,138 |
| 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 | $874,788 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Oceanic Global Foundation has recieved totaling $25,036.
| Awarding Organization | Amount |
|---|---|
Barry And Mimi Sternlicht Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $25,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $36 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Massachusetts Service Alliance Inc Boston, MA | $4,453,448 | $16,703,072 |
Childrens Health Defense Franklin Lakes, NJ | $11,057,001 | $15,990,132 |
Big Initiatives Incorporated Brooklyn, NY | $1,855,703 | $3,522,565 |
International Association Of Heat & Frost Insulators & Allied Workers Aliquippa, PA | $13,053,886 | $8,881,543 |
Internal Assn Of Heat & Frost Insulators & Asbestos 91 Welfare F Peekskill, NY | $4,005,910 | $2,671,151 |
American Littoral Society Highlands, NJ | $1,628,305 | $2,690,003 |
Inclusive Prosperity Capital Inc Hartford, CT | $21,605,170 | $1,661,010 |
Regional Greenhouse Gas Initiative Inc New York, NY | $1,119,792 | $2,159,295 |
Anderson-Rogers Foundation Inc New York, NY | $21,997,471 | $1,111,279 |
Toxics Action Center Inc Boston, MA | $3,641,315 | $1,481,881 |
3 Rivers Wet Weather Inc Pittsburgh, PA | $303,732 | $1,117,551 |
The Citizens Campaign Inc Metuchen, NJ | $134,854 | $592,682 |