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Virginia · Nonprofit

OCEAN VISIONS INC

OCEAN VISIONS INC (Virginia) receives grants from 15 organizations whose IRS filings report $11,314,143 to it, the largest being THE JEREMY AND HANNELORE GRANTHAM ENVIRONMENTAL TRUST ($4,000,000). 9 of them have funded it in more than one year.

Revenue FY2024
$8.3M
Funders on record
15
Grants received
$11M
Net assets
$9.8M
9/15 repeat fundersgrants exceed reported revenue in one year
01What it does

What Ocean Visions Inc does

Mission

Ocean visions develops and advances solutions to protect and restore the ocean. We mobilize and support inventors, scientists, policy makers and others to invent and advance innovative ocean-based solutions that reduce stressors, restore ocean ecosystems, and reverse disruption. We focus on critical arenas of needed actions that are underinvested, and we catalyse efforts to develop, test, and ultimately scale innovations to the most pressing challenges to the health of the ocean.

As stated on its FY2024 Form 990.

Program

  1. Ocean visions is a science-based, not-for-profit conservation organization. We work with and across diverse sectors and disciplines to identify, co-design, evaluate and support implementation of bold ocean-based solutions to counter and reverse dangerous impacts to the ocean. We provide diverse forms of support for the development, testing and application of solutions, and for creation of the enabling social and political frameworks needed for their success. Our work is grounded in robust science, and we continually seek to improve our understanding of the complexity of the challenges.

    $3,372,104 spentof which $885,336 as grants
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $3,372,104.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20202020 Revenue 100 ($211k) Expenses 100 ($177k) Net assets 100 ($34k)2021 Revenue 454 ($957k) Expenses 262 ($463k) Net assets 1547 ($528k)2022 Revenue 1444 ($3.0M) Expenses 823 ($1.5M) Net assets 11579 ($4.0M)2023 Revenue 1695 ($3.6M) Expenses 1403 ($2.5M) Net assets 14787 ($5.0M)2024 Revenue 3942 ($8.3M) Expenses 2037 ($3.6M) Net assets 28596 ($9.8M)
20202021202220232024
Revenue (3942)Expenses (2037)Net assets (28596)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $5.2M to $9.9M (+91%).

$34k
$528k
$4.0M
$5.2M
$9.9M
20202021202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

97% of OCEAN VISIONS INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (67% for the typical peer).

This organization
Typical peer · 498 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 5 reported years ran a deficit.

$34k
’20
$494k
’21
$1.6M
’22
$1.1M
’23
$4.7M
’24
30
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Brad Ack

CEO

Board chair

Emanuele Di Lorenzo

Board chair

As listed on its FY2024 Form 990.

20202021202220232024
Listed4551211
Joined·+1+2+10+0
No longer listed·0231
03Who funds it

Who funds it, year by year

2020 → 2023: the base broadened from 3 funders to 8 funders, grant income rose $737k → $1.8M.

3 of 15 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 20% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of OCEAN VISIONS INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

OCEAN VISIONS INC has a broad base — no single funder exceeds 35% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

61% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund OCEAN VISIONS INC.

35%
largest funder
60%
top three
~5
effective funders

Largest funder’s share by year: 2020 47% · 2021 77% · 2022 22% · 2023 23% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

25% of OCEAN VISIONS INC's funders are still giving 2 years after their first grant; 60% give in more than one year at all.

first grant+1y+2y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

OCEAN VISIONS INC draws 100% of its grant income from funders outside Virginia, across 6 states in all.

IL
NY
MA
CA
DE
FL

In-state vs out-of-state, by year

’20
’21
’22
’23
Virginia out of state home

Funder states come from each funder’s own filing. $2.3M arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

OCEAN VISIONS INC runs a healthier operating margin than three-quarters of the 482 science & tech nonprofits its size.

Operating margin57% · top quartile
Months of reserve30.2mo · top quartile
Revenue growth (annualized)151% · top quartile

this organization peer median middle 50% of peers· 482 science & tech nonprofits $1M–$10M, FY2024

Organizations like OCEAN VISIONS INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Virginia

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

94% of spending goes to programs.

Program 94%Management 6%Fundraising 1%

Governance

6
board members
83%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

71%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

GA

Screen this organization

A dated, signed PDF of the compliance screen for OCEAN VISIONS INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds OCEAN VISIONS INC?
OCEAN VISIONS INC (Virginia) receives grants from 15 organizations whose IRS filings report $11,314,143 to it, the largest being THE JEREMY AND HANNELORE GRANTHAM ENVIRONMENTAL TRUST ($4,000,000). 9 of them have funded it in more than one year.
How many funders does OCEAN VISIONS INC have?
IRS filings report 15 organizations giving $11,314,143 in grants to OCEAN VISIONS INC, 9 of which have funded it in more than one year.
Who is the largest funder of OCEAN VISIONS INC?
THE JEREMY AND HANNELORE GRANTHAM ENVIRONMENTAL TRUST is the largest funder on record, with $4,000,000 in grants. The full list of funders is on this page.
How can an organization like OCEAN VISIONS INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2020–2024), and the filings of 15 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing