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Nonprofiteer
← OCEAN RISK AND RESILIENCE ACTION ALLIANCE INC

Form 990 for tax year 2023

Filed by OCEAN RISK AND RESILIENCE ACTION ALLIANCE INC.

Totals

Total revenue
$6,788,513
Total expenses
$6,097,913
Contributions and grants received
$6,365,149
Grants paid
$3,189,163
Program service revenue
$417,950
Investment income
$176
Other revenue
$5,238
Total assets, end of year
$5,508,157
Total liabilities, end of year
$4,495,145
Net assets or fund balances, end of year
$1,013,012
Program services expenses (Part IX)
$5,668,708
Management and general expenses
$373,744
Fundraising expenses
$55,461
Program service expenses (Part III)
$5,668,708

Program services were 93.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $4,354,688

  • 1f · All other contributions, gifts and grants

    $2,010,461

  • 2a · Program service revenue: CONSULTING SERVICES

    total $417,950 · related or exempt $417,950

  • 3 · Investment income

    total $176 · excluded $176

  • 11a · Other revenue: OTHER

    total $5,238 · excluded $5,238

  • 11e · Other revenue, total

    $5,238

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,347,586 · program services $1,347,586

  • 2 · Grants to domestic individuals

    total $22,400 · program services $22,400

  • 3 · Grants to foreign organizations and individuals

    total $1,819,177 · program services $1,819,177

  • 5 · Compensation of officers, directors and key employees

    total $308,818 · program services $206,523 · management and general $85,806 · fundraising $16,489

  • 7 · Other salaries and wages

    total $655,405 · program services $438,304 · management and general $182,106 · fundraising $34,995

  • 10 · Payroll taxes

    total $29,112 · program services $19,469 · management and general $8,089 · fundraising $1,554

  • 11b · Fees: legal

    total $21,955 · program services $21,955

  • 11g · Fees: other

    total $1,397,218 · program services $1,303,238 · management and general $92,567 · fundraising $1,413

  • 12 · Advertising and promotion

    total $332,703 · program services $332,703

  • 13 · Office expenses

    total $32,935 · program services $28,400 · management and general $3,795 · fundraising $740

  • 14 · Information technology

    total $7,820 · program services $6,743 · management and general $901 · fundraising $176

  • 17 · Travel

    total $97,749 · program services $97,749

  • 19 · Conferences, conventions and meetings

    total $20,872 · program services $20,872

  • 22 · Depreciation, depletion and amortization

    total $4,163 · program services $3,589 · management and general $480 · fundraising $94

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $234,205 · end of year $234,440

  • 2 · Savings and temporary cash investments

    beginning of year $2,180,475 · end of year $4,733,196

  • 3 · Pledges and grants receivable

    beginning of year $275,000 · end of year $389,531

  • 4 · Accounts receivable

    beginning of year $33,834 · end of year $56,874

  • 9 · Prepaid expenses and deferred charges

    beginning of year $479,336 · end of year $28,591

  • 14 · Intangible assets

    beginning of year $9,321 · end of year $7,195

  • 15 · Other assets

    beginning of year $0 · end of year $58,330

  • 17 · Accounts payable and accrued expenses

    beginning of year $135,386 · end of year $41,185

  • 19 · Deferred revenue

    beginning of year $252,917 · end of year $746,901

  • 25 · Other liabilities

    beginning of year $2,501,456 · end of year $3,707,059

  • 27 · Net assets without donor restrictions

    beginning of year -$186,649 · end of year $389,420

  • 28 · Net assets with donor restrictions

    beginning of year $509,061 · end of year $623,592

Mission and programs · 2023

Mission

EVERYTHING WE DO IS DESIGNED TO PROTECT AT LEAST 30 PERCENT OF THE OCEAN BY 2030 AND BUILDING OCEAN RESILIENCE BY: ENGAGING AND ACTIVATING BY DELIVERING OCEAN MESSAGES AT KEY MOMENTS THAT MATTER; INNOVATING CHANGE BY BUILDING CONSTITUENCIES AND REACHING NEW AUDIENCES; INVESTING IN BUILDING OCEAN HEALTH AND RESILIENCE.

Activities or mission (Part I)

EVERYTHING WE DO IS DESIGNED TO PROTECT AT LEAST 30 PERCENT OF THE OCEAN BY 2030

  • CALL TO ACTION TO SAFEGUARD AT LEAST 30% OF THE WORLD'S OCEAN BY 2030 THROUGH A NETWORK OF HIGHLY OR FULLY PROTECTED MARINE AREAS WHERE NO DESTRUCTIVE OR EXTRACTIVE ACTIVITIES SUCH AS FISHING OR MINING CAN TAKE PLACE.

    Expenses $5,668,708 · Grants $3,189,163 · Revenue $417,950

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Nathanial Matthews

    TREASURER

    Total calculated
    $52,885
    From this org
    $52,885
    From related orgs
    $0
    Other
    $0
    Hours/week
    3

  • Ulrike Decoene

    CHAIR

    Total calculated
    $0
    Hours/week
    3

  • Theodore P Janulis

    SECRETARY

    Total calculated
    $0
    Hours/week
    3

  • Lesley Ndlovu

    MEMBER

    Total calculated
    $0
    Hours/week
    3

  • Jose Maria Figueres

    MEMBER

    Total calculated
    $0
    Hours/week
    3

  • Karen R Sack

    PRESIDENT

    Total calculated
    $308,818
    From this org
    $290,080
    From related orgs
    $0
    Other
    $18,738
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $290,080
    Bonus
    $0
    Other
    $0
    Deferred
    $2,177
    Nontaxable benefits
    $16,561
    Filer's total
    $308,818

  • Ariane Steins-Meier

    DIRECTOR SCALING & INNOVATION

    Total calculated
    $171,531
    From this org
    $159,165
    From related orgs
    $0
    Other
    $12,366
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $159,165
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $12,366
    Filer's total
    $171,531

  • Chip Cunliffe

    DIRECTOR PROGRAMME & RISK

    Total calculated
    $166,981
    From this org
    $145,089
    From related orgs
    $0
    Other
    $21,892
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $145,089
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $21,892
    Filer's total
    $166,981

  • Karen Ancillai

    DIRECTOR DEVELOPMENT & MEL

    Total calculated
    $151,309
    From this org
    $138,000
    From related orgs
    $0
    Other
    $13,309
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $138,000
    Bonus
    $0
    Other
    $0
    Deferred
    $1,381
    Nontaxable benefits
    $11,928
    Filer's total
    $151,309

  • Ashleigh Cirilla

    OPERATIONS DIRECTOR

    Total calculated
    $121,678
    From this org
    $111,600
    From related orgs
    $0
    Other
    $10,078
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Form 990 of other organizations
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 7
BONUSES WERE CONSIDERED AND APPROVED BY THE BOARD BASED ON DISCRETIONARY PERFORMANCE CRITERIA.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

  • GLOBAL FISHING WATCH

    $601,780

    FISHING VESSEL RAPID RISK ASSESSMENT

  • RARE INC

    $412,113

    PIONEERING INNOVATIVE AND SCALABLE FINANCE AND INSURANCE PRODUCTS TO PROTECT AND REGENERATE VALUABLE COASTAL AND MARINE NATURAL ASSETS, AND SUPPORT THE RESILIENCE OF CLIMATE VULNERABLE COASTAL COMMUNITIES.

  • THE STIMSON CENTER

    $139,337

    ACCELERATING RESEARCH ON OCEAN RISK AND RESILIENCE AND IMPROVING MODELLING THAT INFORMS FINANCIAL INNOVATION AND POLICY ACTION TO REDUCE THE IMPACTS OF CLIMATE AND OCEAN CHANGE.

  • CONSERVATION INTERNATIONAL

    $85,455

    HIGH-QUALITY BLUE CARBON PRINCIPLES: A 'HOW TO' GUIDE FOR DEVELOPERS

  • MAKAI PBLLC

    $37,575

    PRODUCE AN INTERACTIVE WEB NARRATIVE TO BE UTILIZED AS A FUNDING AND ENGAGEMENT TOOL

  • US SANTA CRUZ FOUNDATION

    $20,000

    RESEARCH RELATED TO CORE MISSION

Provenance

Return type
form_990
Tax year
2023
Filed
13 November 2024
IRS schema version
2023v5.1
Source object
202413189349303846

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