Nonprofit screen
Screen a listOceantic Network 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)
$12Mrevenue
FY2024 · +296% in 3 yrs56staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin15.1%
Months of reserve2.3mo
Revenue growth (annualized)+33.6%
Middle half of peersMedianOceantic Network
Where the money goes FY2024 · $10M spent
Programs$7.1M71%Management and general$3.0M29%990 FY2024 · Part IX line 25
Nothing to check in the filings
In its favor2
Growing faster than peers
Revenue up 34% a year since FY2017, in the top quarter of similar nonprofits.
990 Part I · peer cohortA history of government grants
Government grants on 7 of its 7 returns, 10% of revenue in FY2024. $337k is traced federal awards from Department of Commerce.
990 Part VIII · USAspending7funders
$145ka year, last 3 years
88%from its largest funder
Funder’17’18’19’20’21’22’23United States Energy FoundationSince FY2020$70k$100k$185k$100kThe Energy FoundationStopped after FY2019$50k$65k$100k–Wsp Foundation IncOn and off$25kJacobs Engineering FoundationOn and off$25kDonor-advised giftsDonors not disclosed$36$11$15$24
FundedThrough a donor-advised fundStopped