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Nonprofiteer
← OCEAN RISK AND RESILIENCE ACTION ALLIANCE INC

Form 990 for tax year 2022

Filed by OCEAN RISK AND RESILIENCE ACTION ALLIANCE INC.

This return was superseded by a later amendment. matched by us It is kept because history is preserved rather than replaced.

What the amendment changed

Compared with the latest return for 2022 , filed 23 October 2023. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Those are the same on the two returns, so the amendment changed something else.

Totals

Total revenue
$2,366,724
Total expenses
$3,531,402
Contributions and grants received
$1,871,312
Grants paid
$1,402,231
Program service revenue
$494,862
Investment income
$550
Other revenue
$0
Total assets, end of year
$3,212,171
Total liabilities, end of year
$2,889,759
Net assets or fund balances, end of year
$322,412
Program services expenses (Part IX)
$2,964,746
Management and general expenses
$515,519
Fundraising expenses
$51,137
Program service expenses (Part III)
$2,964,746

Program services were 84.0% 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.

  • 1f · All other contributions, gifts and grants

    $1,871,312

  • 2a · Program service revenue: CONSULTING SERVICES

    total $494,862 · related or exempt $494,862

  • 3 · Investment income

    total $550 · excluded $550

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $972,715 · program services $972,715

  • 3 · Grants to foreign organizations and individuals

    total $429,516 · program services $429,516

  • 5 · Compensation of officers, directors and key employees

    total $325,166 · program services $204,855 · management and general $94,298 · fundraising $26,013

  • 7 · Other salaries and wages

    total $62,029 · program services $37,657 · management and general $17,919 · fundraising $6,453

  • 10 · Payroll taxes

    total $21,202 · program services $13,357 · management and general $6,149 · fundraising $1,696

  • 11b · Fees: legal

    total $39,573 · program services $29,870 · management and general $8,318 · fundraising $1,385

  • 11g · Fees: other

    total $1,087,181 · program services $769,973 · management and general $304,038 · fundraising $13,170

  • 12 · Advertising and promotion

    total $330,794 · program services $330,794

  • 13 · Office expenses

    total $51,592 · program services $38,940 · management and general $10,845 · fundraising $1,807

  • 14 · Information technology

    total $717 · program services $717

  • 17 · Travel

    total $122,055 · program services $122,055

  • 19 · Conferences, conventions and meetings

    total $1,092 · program services $1,092

  • 22 · Depreciation, depletion and amortization

    total $2,250 · program services $1,698 · management and general $473 · fundraising $79

  • 23 · Insurance

    total $15,245 · program services $11,507 · management and general $3,204 · fundraising $534

  • 24a · Other expenses: BAD DEBT EXPENSE

    total $66,374 · management and general $66,374

  • 24b · Other expenses: EXCHANGE RATE LOSSES

    total $3,901 · management and general $3,901

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $776,429 · end of year $234,205

  • 2 · Savings and temporary cash investments

    beginning of year $734,717 · end of year $2,180,475

  • 3 · Pledges and grants receivable

    beginning of year $375,000 · end of year $275,000

  • 4 · Accounts receivable

    beginning of year $237,052 · end of year $33,834

  • 9 · Prepaid expenses and deferred charges

    beginning of year $6,986 · end of year $479,336

  • 14 · Intangible assets

    beginning of year $0 · end of year $9,321

  • 17 · Accounts payable and accrued expenses

    beginning of year $43,094 · end of year $135,386

  • 19 · Deferred revenue

    beginning of year $600,000 · end of year $252,917

  • 25 · Other liabilities

    beginning of year $0 · end of year $2,501,456

  • 27 · Net assets without donor restrictions

    beginning of year $878,029 · end of year -$186,649

  • 28 · Net assets with donor restrictions

    beginning of year $609,061 · end of year $509,061

Mission and programs · 2022

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 $2,964,746 · Grants $1,402,231 · Revenue $494,862

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Nathanial Matthews

    SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    3
  • Ulrike Decoene

    CHAIR

    Total calculated
    $0
    Hours/week
    3
  • Jose Maria Figueres

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3
  • C Wolcott Henry Thru 12222

    TREASURER/CHAIRMAN

    Total calculated
    $0
    Hours/week
    5
  • Jean Oelwang Thru 12522

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3
  • Lisa Speer Thru 12522

    SECRETARY

    Total calculated
    $0
    Hours/week
    3
  • Kristin Lindblad Thru 12522

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3
  • Maren Bauer Thru 12522

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3
  • Chip Cunliffe Thru 61422

    CHAIR

    Total calculated
    $0
    Hours/week
    3
  • Karen R Sack

    PRESIDENT

    Total calculated
    $325,167
    From this org
    $325,167
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $324,167
    Bonus
    $1,000
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $325,167

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 · Approval by the board or compensation committee

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
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

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

Provenance

Return type
form_990
Tax year
2022
Filed
29 August 2023
IRS schema version
2022v5.0
Source object
202322709349300412

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