Oceans Initiative
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 133,177 | 112,220 | 20,957 | 2.3 | — |
| 2015 | 192,162 | 120,367 | 71,795 | 9.3 | — |
| 2016 | 264,432 | 259,211 | 5,221 | 4.6 | 29% |
| 2017 | 313,797 | 330,659 | −16,862 | 3.5 | 47% |
| 2018 | 386,618 | 400,761 | −14,143 | 2.5 | 62% |
| 2019 | 429,302 | 398,142 | 31,160 | 3.5 | 64% |
| 2020 | 664,562 | 636,106 | 28,456 | 2.7 | 45% |
| 2021 | 899,313 | 916,419 | −17,106 | 1.6 | 29% |
| 2022 | 1,174,810 | 1,005,461 | 169,349 | 3.2 | 32% |
In its most recent public year (2022), this organization brought in $169,349 more than it spent. Its reserves stood at about 3.2 months of spending. Staff pay was 32% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2022. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Oceans Initiative's IRS filings as a feed — one entry per filing year, through 2022. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works