Nonprofit screen
Screen a listOceanographic Research & Exploration Foundation
Can you give?
Listed with the IRS. Every screen came back clear.
An organization on the IRS master file.
- IRS listing
- Listed
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- Not stated
$33Mrevenue
FY2024 · +22% in 3 yrs7 of 7years filed
’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−32.4%
Months of reserve7.5mo
Revenue growth (annualized)+108.2%
Middle half of peersMedianOceanographic Research & Exploration
Where the money goes FY2024 · $44M spent
Programs$43M98%Management and general$1.1M2%990 FY2024 · Part IX line 25
Worth checking2
Its largest funder stopped after FY2022
Dalio Family Fund Inc gave about $10M a year for two years, 32% of revenue in FY2022.
Funders’ 990-PF grant listsDeficits in 3 of the last 3 years
−$4.2M in FY2022, −$7.2M in FY2023 and −$11M in FY2024. Cash covers 7.5 months, above the peer median of 2.6.
990 Part I and balance sheetIn its favor1
Growing faster than peers
Revenue up 108% a year since FY2018, in the top quarter of similar nonprofits.
990 Part I · peer cohort1funder
$10Ma year, last 2 years
100%from its largest funder
Funder’21’22Dalio Family Fund IncEvery year since FY2021$10M$10M
Funded