Sustainable Ocean Alliance Inc

Organization Overview

Sustainable Ocean Alliance Inc is located in San Francisco, CA. The organization was established in 2018. According to its NTEE Classification (C32) the organization is classified as: Water Resources, Wetlands Conservation & Management, under the broad grouping of Environment and related organizations. As of 12/2021, Sustainable Ocean Alliance Inc employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sustainable Ocean Alliance 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, Sustainable Ocean Alliance Inc generated $3.2m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 15.8% each year . All expenses for the organization totaled $4.0m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SEE PART III, LINE 1.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE OCEAN LEADERSHIP PROGRAM SUPPORTS OCEAN LEADERS WHO ARE ACTIVELY RAISING AWARENESS OF OCEAN CHALLENGES IN THEIR COMMUNITIES, CREATING OCEAN SOLUTIONS, AND INFLUENCING OTHERS TO TAKE OCEAN ACTION. YOUNG OCEAN LEADERS ARE MEMBERS OF THE SOA COMMUNITY WHO ARE UNDER 35 YEARS OF AGE AND HAVE DEMONSTRATED A CONCRETE COMMITMENT TO UN SDG14: LIFE BELOW WATER. OVERALL, SOA'S GLOBAL NETWORK OF YOUNG OCEAN LEADERS ARE SPEARHEADING PROJECTS THAT ADDRESS THE CAUSES OF OCEAN HARM SUCH AS UNSUSTAINABLE FISHING, MARINE POLLUTION, AND HABITAT DESTRUCTION IN OVER 150 COUNTRIES WORLDWIDE.


THE OCEAN SOLUTIONS ACCELERATOR IS A FIRST-OF-ITS-KIND INITIATIVE FOR INNOVATORS TACKLING OUR MOST CRITICAL OCEAN CHALLENGES. THIS PROGRAM HOSTS COHORTS THAT INCLUDE IMMERSIVE CONTENT, HANDS-ON MENTORSHIP, AND TRANSFORMATIVE RELATIONSHIP-BUILDING. IN 2020, NINE STARTUPS FROM SEVEN COUNTRIES PARTICIPATED IN THE FIRST VIRTUAL ACCELERATOR: OVER JUST 4 WEEKS, ENTREPRENEURS PARTICIPATED IN 35 SESSIONS FEATURING 29 SPEAKERS & FACILITATORS AND MADE OVER 60 NEW CONNECTIONS WITH SOA MENTORS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Ellen B Starr
Marketing Consultant
$135,000
Andrea Cross
Strategy Consultant
$112,152
Lisa A Dean
Operations Consultant
$159,321
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $142,700
All other contributions, gifts, grants, and similar amounts not included above$3,060,444
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,203,144
Total Program Service Revenue$25,000
Investment income $790
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 $3,228,934

Grants Recieved

Over the last fiscal year, we have identified 7 grants that Sustainable Ocean Alliance Inc has recieved totaling $1,565,170.

Awarding OrganizationAmount
Silicon Valley Community Foundation

Mountain View, CA

PURPOSE: Environment

$1,075,000
The Chase And Stephanie Coleman Foundation

New York, NY

PURPOSE: ENVIRONMENTAL

$200,000
Climateworks Foundation

San Francisco, CA

PURPOSE: PROJECT SUPPORT

$150,000
David And Lucile Packard Foundation

Los Altos, CA

PURPOSE: CONSERVATION AND SCIENCE

$100,000
$30,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$10,114
View Grant Recipient Profile

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