Form 990 for tax year 2023
Filed by OCEANIC ASCENT EDUCATION & ATHLETICS INC.
Totals
- Total revenue
- $577,536
- Total expenses
- $530,705
- Contributions and grants received
- $561,873
- Grants paid
- $75,531
- Program service revenue
- $0
- Investment income
- $7,113
- Other revenue
- $8,550
- Total assets, end of year
- $379,614
- Total liabilities, end of year
- $111,858
- Net assets or fund balances, end of year
- $267,756
- Program services expenses (Part IX)
- $365,578
- Management and general expenses
- $165,127
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $365,578
Program services were 68.9% 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.
-
1a · Federated campaigns
$0
-
1b · Membership dues
$0
-
1c · Fundraising events
$0
-
1d · Related organizations
$0
-
1e · Government grants (contributions)
$165,501
-
1f · All other contributions, gifts and grants
$396,372
-
1g · Noncash contributions included above
$0
-
3 · Investment income
total $7,113 · related or exempt $7,113 · unrelated business $0 · excluded $0
-
4 · Income from investment of tax-exempt bond proceeds
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
5 · Royalties
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
7c · Gain or loss
securities $0 · other assets $0
-
8a · Fundraising events: contributions included on line 1c
$0
-
11d · All other revenue
total $8,550 · related or exempt $8,550 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$8,550
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $45,000 · program services $45,000
-
2 · Grants to domestic individuals
total $30,531 · program services $30,531
-
5 · Compensation of officers, directors and key employees
total $69,303 · program services $27,721 · management and general $41,582
-
7 · Other salaries and wages
total $164,619 · program services $139,293 · management and general $25,326
-
9 · Other employee benefits
total $14,581 · program services $3,944 · management and general $10,637
-
10 · Payroll taxes
total $23,566 · program services $10,656 · management and general $12,910
-
11a · Fees: management
total $26,355 · program services $5,180 · management and general $21,175
-
12 · Advertising and promotion
total $3,379 · management and general $3,379
-
13 · Office expenses
total $2,651 · management and general $2,651
-
14 · Information technology
total $510 · management and general $510
-
16 · Occupancy
total $34,068 · program services $20,441 · management and general $13,627
-
17 · Travel
total $0
-
19 · Conferences, conventions and meetings
total $13,974 · program services $13,974
-
20 · Interest
total $2,879 · management and general $2,879
-
22 · Depreciation, depletion and amortization
total $10,029 · management and general $10,029
-
23 · Insurance
total $5,452 · management and general $5,452
-
24a · Other expenses: Vehicle Expense
total $6,544 · program services $0 · management and general $6,544
-
24b · Other expenses: Meeting Expenses
total $7,465 · program services $0 · management and general $7,465
-
24c · Other expenses: Supplies and Materials
total $68,838 · program services $68,838 · management and general $0
-
24d · Other expenses: Miscellaneous Expense
total $961 · program services $0 · management and general $961 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $172,432 · end of year $21,479
-
2 · Savings and temporary cash investments
beginning of year $0 · end of year $186,438
-
3 · Pledges and grants receivable
beginning of year $0 · end of year $100,756
-
4 · Accounts receivable
beginning of year $11,934 · end of year $548
-
5 · Loans and receivables from officers and key people
beginning of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0
-
7 · Other notes and loans receivable
beginning of year $0
-
8 · Inventories for sale or use
beginning of year $0 · end of year $5,829
-
9 · Prepaid expenses and deferred charges
beginning of year $0 · end of year $5,822
-
10a · Land, buildings and equipment: cost or other basis
$76,381
-
10b · Land, buildings and equipment: accumulated depreciation
$19,657
-
10c · Land, buildings and equipment, net
beginning of year $42,248 · end of year $56,724
-
11 · Investments: publicly traded securities
beginning of year $44,329
-
12 · Investments: other securities
beginning of year $0
-
13 · Investments: program-related
beginning of year $0
-
14 · Intangible assets
beginning of year $0
-
15 · Other assets
beginning of year $2,516 · end of year $2,018
-
17 · Accounts payable and accrued expenses
beginning of year $1,950 · end of year $21,240
-
18 · Grants payable
beginning of year $0 · end of year $45,000
-
19 · Deferred revenue
beginning of year $0
-
20 · Tax-exempt bond liabilities
beginning of year $0
-
21 · Escrow or custodial account liability
beginning of year $0
-
22 · Loans and payables to officers and key people
end of year $2,582
-
23 · Secured mortgages and notes payable
beginning of year $14,422
-
24 · Unsecured notes and loans payable
beginning of year $31,400 · end of year $31,500
-
25 · Other liabilities
beginning of year $4,762 · end of year $11,536
-
27 · Net assets without donor restrictions
beginning of year $220,925 · end of year $267,756
-
28 · Net assets with donor restrictions
beginning of year $0 · end of year $0
Mission and programs · 2023
Mission
The organization cultivates ideas and strategies of environmental sustainability within our local community through practical education, social engagement, and collaborative partnerships. The organization believes that environmental sustainability translates into the well-being of our island community.
Activities or mission (Part I)
Guahan Sustainable Culture cultivates ideas and strategies of environmental sustainability within our local community through practical education, social engagement, and collaborative partnerships. GSC believes that environmental sustainability translates into the well-being of our island community.
-
GSC Educational Programs. The organization conducted after-school programs and summer programs at our community gardens to teach students how to grow their own food and learn about the nutritional values of local fruits and vegetables.
Expenses $191,501 · Grants $61,145
-
Farmer.s 1st Program: The organization assists local farmers and producers of agricultural products with an avenue to sell their harvest and products to the community. GSC also provides technical assistance and training to farmers.
Expenses $128,657 · Grants $199,206 · Revenue $77,085
-
Americorps Guahan Sustainable Culture. The organization received a grant to recruit 48 members to promote healthy living and environmental stewardship within the island community.
Expenses $45,420 · Grants $45,420
As filed on the 2023 return.
Listed in Part VII
-
Marlyn Oberiano
Vice President
- Total calculated
- $63,877
- From this org
- $63,877
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Michelle Crisostomo
President
- Total calculated
- $25,421
- From this org
- $25,421
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5
-
Kristin Oberiano
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Ruben Payumo
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Terrence Brooks
Asst Secretary
- Total calculated
- $0
- Hours/week
- 0.5
-
Jose Garcia
Director
- Total calculated
- $0
- Hours/week
- 0
-
Denise Crisostomo
Secretary
- Total calculated
- $0
- Hours/week
- 0.5
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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 10 November 2024
- IRS schema version
- 2023v5.0
- Source object
- 202403199349301605
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