Nonprofit screen
Screen a listOcean Health Initiatives Inc
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$30Mrevenue
FY2024 · −7% in 3 yrs260staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin13.7%
Months of reserve4.0mo
Revenue growth (annualized)+5.3%
Middle half of peersMedianOcean Health Initiatives
Where the money goes FY2024 · $26M spent
Programs$22M83%Management and general$4.4M17%990 FY2024 · Part IX line 25
Nothing to check in the filings
In its favor2
Strong governance
13 of 13 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIA history of government grants
Government grants on 8 of its 8 returns, 31% of revenue in FY2024. $49M is traced federal awards from Department of Health and Human Services.
990 Part VIII · USAspending10funders
$485ka year, last 3 years
89%from its largest funder
Funder’19’20’21’22’23Bristol-Myers Squibb Foundation IncNew in FY2023$150kThe Burke Foundation IncOn and off$9kNortheast Charitable TrustEvery year since FY2019$500$1k$1k$1k$1kOceanfirst FoundationOn and off$500Donor-advised giftsDonors not disclosed$20$5$14$161 other fundersUp to $659k a year each$217k$635k$659k
FundedThrough a donor-advised fund