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Georgia · Public charity

Ocean Exchange Inc

To help accelerate the adoption of innovative solutions from start up companies, all in support of healthy oceans, resilient coastlines, and sustainable shipping.

$320k
Granted FY2024(still arriving)
3
Itemized grants FY2024
3
Organizations funded FY2023
100%
First-time grantees FY2023
Read the full brief
Itemized, FY2024
$210k
The rest is grants the schedule does not break out
Median grant, FY2024
$100,000
Largest grant, FY2024
$100,000
Organizations funded a year
2 to 3
FY2017 to FY2023
States reached, FY2024
3
Total assets, FY2024
$91k

How open it is to new grantees

In FY2023, 100% of the organizations Ocean Exchange Inc funded were first-time grantees, receiving 100% of its grant dollars.

New vs renewed · share of each year

In FY2023, 0% of grant dollars renewed an existing relationship; $210k went to new ones.

50%100%’18’20’21’22’23
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’18’20’21’22’23
Science & TechOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY2024still arriving3$210k100%
FY20233$210k100%
FY20222$110k100%
FY20213$120k100%
FY20203$210k100%
FY20183$170k67%
FY20173$240kn/a
95% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.

Environment$1.2MHealth$10kOther$0

Where its grants go

Grant dollars by states, across the years we hold.

Which US states its grants reach

WA
IL
MI
NY
NJ
CA
VA
NC
DC
LA
AL
TX
FL

Top grantees

Largest recipients by total granted, FY2017 to FY2024, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
Opus 12 Inc$100,0001n/a
Environmental Trawling Solutions Inc$100,0002n/a
Jolt Energy Storage Technologies LLC$100,0001n/a
Sun Buckets Inc$100,0001n/a
Atlas Energy Systems LLC$100,0001n/a
Ocean Rescue Alliance Inc$10,0001n/a
Vita Inclinata Technologies$10,0001n/a

Plus 12 recipients with no EIN on record ($750k), not named here.

Compare Ocean Exchange Inc with peer funders

About Ocean Exchange Inc

How much does Ocean Exchange Inc give?
Ocean Exchange Inc reported 3 itemized grants totaling $210,000, out of $320,000 in total grant expense reported on the return in its FY2024 IRS filing. It funded between 2 and 3 organizations a year over FY2017 to FY2023.
What does Ocean Exchange Inc fund?
By grant dollars over FY2017 to FY2024, its largest causes are Environment (91%), Health (1%).
Who are Ocean Exchange Inc's largest grantees?
By total granted over FY2017 to FY2024: Opus 12 Inc ($100k), Environmental Trawling Solutions Inc ($100k), Jolt Energy Storage Technologies LLC ($100k).
Does Ocean Exchange Inc fund new organizations?
In FY2023, 100% of the organizations it funded were first-time grantees.
Where is Ocean Exchange Inc based?
Ocean Exchange Inc is based in GA.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 19 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990 e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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