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This return was superseded by a later amendment.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 MatthewsNATHANIAL MATTHEWS
SECRETARY/TREASURER
- Total calculated
- $0
- Hours/week
- 3
-
Ulrike DecoeneULRIKE DECOENE
CHAIR
- Total calculated
- $0
- Hours/week
- 3
-
Jose Maria FigueresJOSE MARIA FIGUERES
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
C Wolcott Henry Thru 12222C WOLCOTT HENRY THRU 12222
TREASURER/CHAIRMAN
- Total calculated
- $0
- Hours/week
- 5
-
Jean Oelwang Thru 12522JEAN OELWANG THRU 12522
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
Lisa Speer Thru 12522LISA SPEER THRU 12522
SECRETARY
- Total calculated
- $0
- Hours/week
- 3
-
Kristin Lindblad Thru 12522KRISTIN LINDBLAD THRU 12522
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
Maren Bauer Thru 12522MAREN BAUER THRU 12522
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
Chip Cunliffe Thru 61422CHIP CUNLIFFE THRU 61422
CHAIR
- Total calculated
- $0
- Hours/week
- 3
-
Karen R SackKAREN 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
-
$306,798
FISHING VESSEL RAPID RISK ASSESSMENT
-
RESEARCH RELATED TO CORE MISSION
-
$50,000
WINNER OF OCEAN RISK INNOVATION CHALLENGE
-
QUINTESSENCE MARINE INC
$50,000
WINNER OF OCEAN RISK INNOVATION CHALLENGE
-
$29,897
FISHING VESSEL RAPID RISK ASSESSMENT
-
REPURPOSE GLOBAL INC
$15,000
WINNER OF OCEAN RISK INNOVATION CHALLENGE
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 29 August 2023
- IRS schema version
- 2022v5.0
- Source object
- 202322709349300412
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