Nonprofit screen
Screen a listPacific Ocean Energy Trust
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
- Reinstated
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$3.5Mrevenue
FY2024 · +209% in 3 yrs6staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin1.5%
Months of reserve1.6mo
Revenue growth (annualized)+28.4%
Middle half of peersMedianPacific Ocean Energy
Where the money goes FY2024 · $3.5M spent
Programs$3.3M94%Management and general$204k6%990 FY2024 · Part IX line 25
Worth checking1
Deficits in 2 of the last 3 years
−$27k in FY2022 and −$132k in FY2023. Cash covers 1.6 months, under the peer median of 5.2.
990 Part I and balance sheetIn its favor3
Strong governance
4 of 5 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIGrowing faster than peers
Revenue up 28% a year since FY2017, in the top quarter of similar nonprofits.
990 Part I · peer cohortA history of government grants
Government grants on 5 of its 5 returns, 96% of revenue in FY2024. $28M is traced federal awards from Department of Energy.
990 Part VIII · USAspending2funders
$17ka year, last 3 years
100%from its largest funder
Funder’17’18’19’20’21’22’23Oregon Wave Energy TrustOn and off$528k$148kBonneville Environmental FoundationSince FY2022$30k$20k
Funded