Gulf Offshore Research Institute
- Assets
- $98.7k
- Revenue
- $236.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Mandeville, LA
- Founding
- 03/2018
- Data as of
- 12/2021
- EIN
- 82-4271787
Organization Overview
Gulf Offshore Research Institute is located in Mandeville, LA. The organization was established in 2018. According to its NTEE Classification (B05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gulf Offshore Research Institute 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, Gulf Offshore Research Institute generated $236.7k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 53.7% each year . All expenses for the organization totaled $272.7k during the year ending 12/2021. While expenses have increased by 59.4% per year over the past 4 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
CREATING ALTERNATIVE USES FOR OFFSHORE OIL AND GAS PLATFORMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STARTED A CARBON STORAGE STUDY FOR ARENA OFFSHORE.
COMPLETED THE GSMFC PROJECT FOR MARINE AQUACULTURE RESEARCH.
COMPLETED THE DOE PHASE 1 GRANT RESEARCH WITH EXCIPIO ENERGY. WORK PERFORMED WITH A GRANT AND WITH GORI OPERATING FUNDS.
COMPLETED THE PERMITTING PROCESS FOR PEREGRINE OIL AND GAS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
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 | $135,622 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $135,622 |
| Total Program Service Revenue | $101,086 |
| 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 | $236,708 |
| 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. | $152,641 |
| Compensation of current officers, directors, key employees. | $152,641 |
| 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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $47,897 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $72,155 |
| Total functional expenses | $272,693 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $40,958 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $57,701 |
| 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 | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $98,659 |
| Accounts payable and accrued expenses | $35,580 |
| 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 | $35,580 |
| Net assets without donor restrictions | $0 |
| 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 | $63,079 |
| Total liabilities and net assets/fund balances | $98,659 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Gulf Offshore Research Institute has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Harte Charitable Foundation San Antonio, TX PURPOSE: GENERAL CHARITABLE PURPOSES | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Commit2dallas Dallas, TX | $16,002,925 | $24,480,125 |
Democratic Schools Research Inc Bryan, TX | $2,903,255 | $4,365,603 |
Mississippi State University Assure Research And Development Mississippi State, MS | $152,381 | $2,510,456 |
Research Bridge Partners Inc Austin, TX | $2,472,916 | $254,847 |
Public Laboratory For Open Technology And Science Inc New Orleans, LA | $742,404 | $218,908 |
Docent Research Group Austin, TX | $292,611 | $863,978 |
Disinformation Index Foundation San Antonio, TX | $63,059 | $367,228 |
Measure Austin Austin, TX | $105,563 | $325,374 |
Parents Campaign Research And Education Fund Jackson, MS | $401,897 | $339,496 |
Arkansans For Education Reform Foundation Little Rock, AR | $813,823 | $448,594 |
Arts & Design Alumni Research Austin, TX | $671,020 | $702,926 |
Gulf Offshore Research Institute Mandeville, LA | $98,659 | $236,708 |