Ocean Grants Foundation
- Assets
- $95.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fort Lauderdale, FL
- Founding
- Data as of
- 06/2022
- EIN
- 85-2690732
Organization Overview
Ocean Grants Foundation is located in Fort Lauderdale, FL. According to its NTEE Classification (C12) the organization is classified as: Fund Raising & Fund Distribution, 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. Ocean Grants 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 06/2022, Ocean Grants Foundation generated $80.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (45.4%) each year. All expenses for the organization totaled $61.9k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO SUPPORT OCEAN GRANTS, A 501(C)3 PUBLIC CHARITY THAT EDUCATES THE PUBLIC ABOUTOCEAN CONSERVATION AND PROVIDES GRANTS TO OTHER OCEAN-FOCUSED NONPROFITORGANIZATIONS, THROUGH FUNDRAISING AND GRANT-MAKING.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patrick Scheufler Secretary And Treasurer | 1 | $0 | |
Jennifer Persson President And Chairman | 40 | $0 | |
Theodore Levinson Director | 2 | $0 | |
Claire Labrunerie Director | 2 | $0 | |
Mike Davis Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $80,538 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $80,538 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $4,109 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $14 |
| Other expenses | $47,753 |
| Total expenses | $61,876 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $95,019 |
| Other assets | $0 |
| Total assets | $95,019 |
| Total liabilities | $112,037 |
| Net assets or fund balances | -$17,018 |
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