Civic Intelligence

Interdistrict Committee for Project

EIN 06-0896672 • 501(c)3 • Groton, CT

Profile

Project Oceanology is a year-round marine science and environmental education organization with a mission to nurture interest and inspire enthusiasm for science and our planet's marine environment.

1084 Shennecossett RoadGroton, CT 06340

www.oceanology.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

80th percentile

0.43x

Higher debt load relative to assets than 80% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

82nd percentile

0.54x

Higher debt load relative to revenue than 82% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

20th percentile

-12%

Higher net margin than 20% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

44th percentile

1.9%

Faster asset growth than 44% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2025

Revenue Growth

18th percentile

-14%

Faster revenue growth than 18% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2025

Assets

Down

$1,869,955

Down $332,030 (-15%) from 2024

Liabilities

Down

$811,666

Down $145,648 (-15%) from 2024

Net Assets

Down

$1,058,289

Down $186,382 (-15%) from 2024

Revenue

Down

$1,496,245

Down $103,606 (-6.5%) from 2024

Expenses

Up

$1,681,026

Up $53,734 (+3.3%) from 2024

Net Income

Down

-$184,781

Down $157,340 (-573%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2011: $746,424Liabilities 2011: $189,744Net Assets 2011: $556,6802011Assets 2012: $704,320Liabilities 2012: $187,330Net Assets 2012: $516,9902012Assets 2013: $719,167Liabilities 2013: $206,291Net Assets 2013: $512,8762013Assets 2014: $532,623Liabilities 2014: $147,520Net Assets 2014: $385,1032014Assets 2015: $499,615Liabilities 2015: $156,492Net Assets 2015: $343,1232015Assets 2016: $521,090Liabilities 2016: $196,820Net Assets 2016: $324,2702016Assets 2017: $484,032Liabilities 2017: $218,169Net Assets 2017: $265,8632017Assets 2018: $584,077Liabilities 2018: $260,145Net Assets 2018: $323,9322018Assets 2019: $561,179Liabilities 2019: $253,479Net Assets 2019: $307,7002019Assets 2020: $715,751Liabilities 2020: $330,472Net Assets 2020: $385,2792020Assets 2021: $1,411,598Liabilities 2021: $654,164Net Assets 2021: $757,4342021Assets 2022: $1,360,230Liabilities 2022: $405,606Net Assets 2022: $954,6242022Assets 2023: $1,801,177Liabilities 2023: $533,050Net Assets 2023: $1,268,1272023Assets 2024: $2,201,985Liabilities 2024: $957,314Net Assets 2024: $1,244,6712024Assets 2025: $1,869,955Liabilities 2025: $811,666Net Assets 2025: $1,058,2892025

Highlighted filing

2025

Assets$1,869,955
Liabilities$811,666
Net Assets$1,058,289

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $1,564,480Expenses 2011: $1,655,415Net Income 2011: -$90,9352011Revenue 2012: $1,587,496Expenses 2012: $1,634,132Net Income 2012: -$46,6362012Revenue 2013: $1,408,385Expenses 2013: $1,426,243Net Income 2013: -$17,8582013Revenue 2014: $1,296,549Expenses 2014: $1,430,806Net Income 2014: -$134,2572014Revenue 2015: $1,335,787Expenses 2015: $1,373,434Net Income 2015: -$37,6472015Revenue 2016: $1,252,942Expenses 2016: $1,276,803Net Income 2016: -$23,8612016Revenue 2017: $1,119,276Expenses 2017: $1,197,264Net Income 2017: -$77,9882017Revenue 2018: $1,139,643Expenses 2018: $1,093,876Net Income 2018: $45,7672018Revenue 2019: $957,818Expenses 2019: $994,809Net Income 2019: -$36,9912019Revenue 2020: $1,218,114Expenses 2020: $1,144,053Net Income 2020: $74,0612020Revenue 2021: $1,238,714Expenses 2021: $977,770Net Income 2021: $260,9442021Revenue 2022: $1,726,047Expenses 2022: $1,497,160Net Income 2022: $228,8872022Revenue 2023: $2,033,915Expenses 2023: $1,732,823Net Income 2023: $301,0922023Revenue 2024: $1,599,851Expenses 2024: $1,627,292Net Income 2024: -$27,4412024Revenue 2025: $1,496,245Expenses 2025: $1,681,026Net Income 2025: -$184,7812025

Highlighted filing

2025

Revenue$1,496,245
Expenses$1,681,026
Net Income-$184,781

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.87$0.81$1.06$1.50$1.68$0.18
2024Detailed filing. Detailed filing data is available for this year.$2.20$0.96$1.24$1.60$1.63$0.03
2023Detailed filing. Detailed filing data is available for this year.$1.80$0.53$1.27$2.03$1.73$0.30
2022Detailed filing. Detailed filing data is available for this year.$1.36$0.41$0.95$1.73$1.50$0.23
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.41$0.65$0.76$1.24$0.98$0.26
2020Detailed filing. Detailed filing data is available for this year.$0.72$0.33$0.39$1.22$1.14$0.07
2019Detailed filing. Detailed filing data is available for this year.$0.56$0.25$0.31$0.96$0.99$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.58$0.26$0.32$1.14$1.09$0.05
2017Detailed filing. Detailed filing data is available for this year.$0.48$0.22$0.27$1.12$1.20$0.08
2016Detailed filing. Detailed filing data is available for this year.$0.52$0.20$0.32$1.25$1.28$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.50$0.16$0.34$1.34$1.37$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.53$0.15$0.39$1.30$1.43$0.13
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.72$0.21$0.51$1.41$1.43$0.02
2012Summary only. Only limited summary data is available for this year.$0.70$0.19$0.52$1.59$1.63$0.05
2011Summary only. Only limited summary data is available for this year.$0.75$0.19$0.56$1.56$1.66$0.09
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Feb 10, 2026
Return Version
2024v5.2
Gross Receipts
$2,055,948
Mission and Program Overview

Mission

Project Oceanology is a year-round marine science and environmental education organization with a mission to nurture interest and inspire enthusiasm for science and our planet's marine environment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$999,028$1,105,082▲ $106,054
Cash and Non-Interest-Bearing Accounts$488,882$167,249▼ $321,633
Land, Buildings, and Equipment, Net$148,592$100,639▼ $47,953
Accounts Receivable$29,673$77,626▲ $47,953
Inventories for Sale or Use$15,494$31,980▲ $16,486
Prepaid Expenses and Deferred Charges$39,564$22,209▼ $17,355
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Total Assets$2,201,990$1,869,955▼ $332,035
Other Assets Total$480,757$365,170▼ $115,587
Liabilities
Deferred Revenue$429,487$427,246▼ $2,241
Other Liabilities$480,762$365,170▼ $115,592
Accounts Payable and Accrued Expenses$47,070$19,250▼ $27,820
Total Liabilities$957,319$811,666▼ $145,653
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,200,137$1,000,553▼ $199,584
Net Assets With Donor Restrictions$44,534$57,736▲ $13,202
Total Net Assets Fund Balance$1,244,671$1,058,289▼ $186,382
Total Liabilities and Net Assets / Fund Balance$2,201,990$1,869,955▼ $332,035

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$98,956$481,180$580,136
Buildings$1,683$130,748$132,431
Other Assets Org$365,170--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
John a ElyExecutive DirectorFT$133,000$2,660$135,660

Board Members and Trustees

NameTitle
Kathy HowardChair
Annaliese SpazianoBoard Member
Cassidy CoryBoard Member
David BednarzBoard Member
Eleanor MarianiBoard Member
Jennifer AndrewsBoard Member
Jennifer HillsBoard Member
Joshua FishBoard Member
Lisa EnglandBoard Member
MICHAEL O'CONNORBoard Member
Monica SwydenBoard Member
Nathanial TrumbullBoard Member
Penny PhippsBoard Member
Robin HarrisBoard Member
Tom GardinerBoard Member
Kathleen BiddleSecretary
Jason EnglandTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$495,223
Program Service Revenue
$884,880
Investment Income
$104,683
Other Revenue
$11,459
All Other Contributions
$370,223
Change in Net Assets
$-184,781

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,496,245
Revenue Not Reported on Form 990
$1,615
Total Revenue per Audited Statements
$1,497,860
Total Revenue per Form 990
$1,496,245
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,105,676
Other Expenses$575,350
Total Fundraising Expense$73,364
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$610,272$124,348$54,175$788,795
Current Officers, Directors, Trustees, and Key Employees$135,660--$135,660
Occupancy$117,231$514-$117,745
Other Employee Benefits$75,737$14,417$4,871$95,025
All Other Expenses$81,670$6,827$4,867$93,364
Payroll Taxes$68,837$13,554$3,805$86,196
Depreciation Depletion$41,719$5,275$959$47,953
Other Expenses$31,723$3,641$2,211$37,575
Fees for Services Accounting$12,703$706-$13,409
Advertising$2,056$96$1,835$3,987
Fees for Services Legal-$1,453-$1,453
Total Functional Expenses$1,434,219$173,443$73,364$1,681,026

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,684,242
Expenses per Audited Statements$1,681,026
Total Expenses per Form 990$1,681,026
Expenses Not Reported on Form 990$3,216
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
operating lease payable$365,170
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Board members, jason and lisa england are married.

Form 990, Part VI, Section A, Line 6

Member representatives who are appointed to represent each member district speak or rule on behalf of their district.

Form 990, Part VI, Section A, Line 7A

Each member district elects or chooses one voting representative. The member district representatives elect the community member representatives, collectively, they are the board of directors. Presently there are 14 member disricts and 4 community members.

Form 990, Part VI, Section B, Line 11B

The director reviews the 990 then the board of directors is granted the opportunity to review it before voting to approve it.

Form 990, Part VI, Section B, Line 15A

Compensation review & approval process - the executive director's salary figure was set by contract during the hiring process and was based predominantly on member district administrator salary data.

Form 990, Part VI, Section C, Line 19

Available upon request and guidestar

Filing and Contact Details

Filer

Filer Name
Interdistrict Committee For Project
EIN
06-0896672
Phone
8604459007
Address
1084 Shennecossett Road, Groton, CT 06340

Signing Officer

Name
John a Ely
Title
Executive Director
Signed
2026-02-10
Discuss with paid preparer
Yes

Organization Details

Formed
1972
Legal Domicile
Ct
Voting Board Members
17
Independent Board Members
4
Employees
31
Volunteers
3

Preparer

Firm
Doherty Beals & Banks PC
Address
187 Williams St, New London, CT 06320
Preparer
Stacey L Gualtieri CPA
Phone
8604432033
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

The Organization recognizes the tax benefit from uncertain tax positions when it is more-likely-then-not the position will be sustained upon examination by taxing authorities. The Organization had no uncertain tax positions that qualify for either recognition or disclosure in the financial statements. In the normal course of business, the Organizations tax filings are subject to examination by federal and state taxing authorities. The Organizations tax returns for the last three years remain open for examination.

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

Direct Expenses $3216

Part XII, Line 2D: Other expenses and losses per audited F/S

Direct Expenses $3216

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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