Liabilities / Assets
95th percentile
Higher debt load relative to assets than 95% of similar nonprofits.
990 • Fiscal year 2015 • EIN 20-8308559
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
95th percentile
Higher debt load relative to assets than 95% of similar nonprofits.
Liabilities / Revenue
96th percentile
Higher debt load relative to revenue than 96% of similar nonprofits.
Net Margin
49th percentile
Higher net margin than 49% of similar nonprofits.
Top Officer Pay
32nd percentile
Higher top officer pay than 32% of similar nonprofits.
Top officer pay equals 13.9% of source-year revenue.
Asset Growth
33rd percentile
Faster asset growth than 33% of similar nonprofits.
Revenue Growth
3rd percentile
Faster revenue growth than 3% of similar nonprofits.
Assets
Down$1,134,680
Down $19,854 (-1.7%) from 2014
Net Assets
Up$97,518
Up $21,250 (+28%) from 2014
Liabilities
Down$1,037,162
Down $41,104 (-3.8%) from 2014
Revenue
Down$679,868
Down $479,372 (-41%) from 2014
Expenses
Down$658,618
Down $440,025 (-40%) from 2014
Net Income
Down$21,250
Down $39,347 (-65%) from 2014
The mission of the oregon wave energy trust (owet) is to become a central entity for wave energy-related development in oregon. Guided by its stakeholders, the oregon wave energy trust will build and share the expertise needed to support and accelerate the responsible development of the state's emerging wave energy industry.
The mission of the oregon wave energy trust (owet) is to become a central entity for wave energy-related development in oregon. Guided by its stakeholders, owet will build and share the expertise needed to support and accelerate the responsible development of the state's emerging wave energy industry.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | $1,138,291 | $1,115,236 | ▼ $23,055 |
| Accounts Receivable | $11,400 | $15,710 | ▲ $4,310 |
| Land, Buildings, and Equipment, Net | $4,343 | $3,136 | ▼ $1,207 |
| Cash and Non-Interest-Bearing Accounts | $500 | $598 | ▲ $98 |
| Total Assets | $1,154,534 | $1,134,680 | ▼ $19,854 |
| Liabilities | |||
| Deferred Revenue | $1,014,808 | $1,016,030 | ▲ $1,222 |
| Accounts Payable and Accrued Expenses | $63,458 | $21,132 | ▼ $42,326 |
| Total Liabilities | $1,078,266 | $1,037,162 | ▼ $41,104 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $76,268 | $97,518 | ▲ $21,250 |
| Total Net Assets Fund Balance | $76,268 | $97,518 | ▲ $21,250 |
| Total Liabilities and Net Assets / Fund Balance | $1,154,534 | $1,134,680 | ▼ $19,854 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $3,136 | $5,310 | $8,446 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Jason Busch | Executive Director | FT | $93,928 | $611 | $94,539 |
| Name | Title |
|---|---|
| Chris Taylor | President |
| Robert Bailey | Vice President |
| Belinda Batten | Board Member |
| Dan James | Board Member |
| David Gibson | Board Member |
| Keith Tymchuk | Board Member |
| Nick Edwards | Board Member |
| Preston Michie | Board Member |
| REBECCA O'NEIL | Board Member |
| Robin Hartman | Board Member |
| Wayne Lei | Board Member |
| Jack Flug | Sec Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $432,774 |
| Salaries, Compensation, and Employee Benefits | $143,596 |
| Grants and Similar Amounts Paid | $82,248 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Current Officers, Directors, Trustees, and Key Employees | - | - | - | $94,539 |
| Grants to Domestic Orgs | - | - | - | $82,248 |
| Fees for Services Other | - | - | - | $43,127 |
| Fees for Services Lobbying | - | - | - | $36,000 |
| Other Salaries and Wages | - | - | - | $28,000 |
| Occupancy | - | - | - | $16,260 |
| Payroll Taxes | - | - | - | $14,531 |
| Other Employee Benefits | - | - | - | $6,526 |
| Insurance | - | - | - | $3,993 |
| Travel | - | - | - | $3,748 |
| Office Expenses | - | - | - | $3,210 |
| Other Expenses | - | - | - | $1,631 |
| Depreciation Depletion | - | - | - | $1,207 |
| Total Functional Expenses | $0 | $0 | $0 | $658,618 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Principal Power Inc | Seattle, WA | - | Commercialization | $27,850 |
| Columbia Power Technologies Inc | Charlottesville, VA | - | Commmercialization | $20,917 |
| Oregon Institute of Technology | Klamath Falls, OR | - | Commercialization | $15,599 |
| University of Oregon | Eugene, OR | - | Community Readiness | $11,850 |
| Resolute Energy Inc | Boston, MA | - | Commericialization | $6,032 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“The organization have individual and business members who pay dues.”
“The form 990 is reviewed and approved by the executive director. A copy of the approved form 990 is provided to all board members prior to filing.”
“During board meetings, when a project is considered or a discussion begins that could involve one of the board member's companies or their involvement, the person (s) is asked to leave and the discussion takes place in a "closed door meeting". In addition, when projects come up and a rfp is released, it is carefully monitored to make sure that a board member does not have an unfair advantage and has to bid as everyone else.”
“The organization's attorney counsel and board members researched similar non-profit organizations for salary comparisons to determine comparable data as baseline salary parameter and used that as baseline range to determine salary in accordance to experience.”
“Upon request and through the organization's website.”
“At the time of filing 2014's form 990 oregon wave energy trust was in the process of an audit.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 63458 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 21132 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 11400 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 15710 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | THE MISSION OF THE OREGON WAVE ENERGY TRUST (OWET) IS TO BECOME A CENTRAL ENTITY FOR WAVE ENERGY-RELATED DEVELOPMENT IN OREGON. GUIDED BY ITS STAKEHOLDERS, OWET WILL BUILD AND SHARE THE EXPERTISE NEEDED TO SUPPORT AND ACCELERATE THE RESPONSIBLE DEVELOPMENT OF THE STATE'S EMERGING WAVE ENERGY INDUSTRY. |
| IRS990/AllOtherContributionsAmt | 0 | 2369 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | BOB LARSON |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 5035972090 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 6700 SW 105TH SUITE 204 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | BEAVERTON |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | OR |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 97008 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 500 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 598 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 94539 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 2369 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 82248 |
| IRS990/CYInvestmentIncomeAmt | 0 | 195 |
| IRS990/CYOtherExpensesAmt | 0 | 432774 |
| IRS990/CYOtherRevenueAmt | 0 | 2392 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 674912 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 21250 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 143596 |
| IRS990/CYTotalExpensesAmt | 0 | 658618 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 679868 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 1014808 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 1016030 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 1207 |
| IRS990/Desc | 0 | WAVE ENERGY CLEARINGHOUSE - BUILDING POSITIVE COMMUNITY SUPPORT FOR THE WAVE ENERGY INDUSTRY. |
| IRS990/DescribedInSection501c3Ind | 0 | 0 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 2 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesLobbyingGrp/TotalAmt | 0 | 36000 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 43127 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 4.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 4.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 4.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 4.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 4.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 4.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 4.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 4.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 4.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 4.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 4.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 4.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 12 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 11 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 611 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | CHRIS TAYLOR |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | ROBERT BAILEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | JACK FLUG |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | BELINDA BATTEN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | NICK EDWARDS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | DAVID GIBSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | ROBIN HARTMAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | DAN JAMES |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | PRESTON MICHIE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | KEITH TYMCHUK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | WAYNE LEI |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | REBECCA O'NEIL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | JASON BUSCH |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 93928 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | VICE PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | SEC TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | EXECUTIVE DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2007 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedInd | 0 | 0 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 12 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 82248 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 1 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 679868 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 12 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InsuranceGrp/TotalAmt | 0 | 3993 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 195 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 195 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 8 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 5310 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 4343 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 3136 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 8446 |
| IRS990/LegalDomicileStateCd | 0 | OR |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 1 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | THE MISSION OF THE OREGON WAVE ENERGY TRUST (OWET) IS TO BECOME A CENTRAL ENTITY FOR WAVE ENERGY-RELATED DEVELOPMENT IN OREGON. GUIDED BY ITS STAKEHOLDERS, THE OREGON WAVE ENERGY TRUST WILL BUILD AND SHARE THE EXPERTISE NEEDED TO SUPPORT AND ACCELERATE THE RESPONSIBLE DEVELOPMENT OF THE STATE'S EMERGING WAVE ENERGY INDUSTRY. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 76268 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 97518 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 16260 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 3210 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 6526 |
| IRS990/OtherExpensesGrp/Desc | 0 | CONTRACT EXPENSES |
| IRS990/OtherExpensesGrp/Desc | 1 | MERCHANT AND BANKING FE |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 323598 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 1631 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 900099 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | MISCELLANEOUS |
| IRS990/OtherRevenueMiscGrp/ExclusionAmt | 0 | 2392 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 2392 |
| IRS990/OtherRevenueTotalAmt | 0 | 2392 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 28000 |
| IRS990/OwnWebsiteInd | 0 | X |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 14531 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | JASON BUSCH |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 541700 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 900099 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 900099 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 3 | 900099 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | WAVE ENERGY DEVELOPMEN |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | CONFERENCE |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | SERVICE REVENUE |
| IRS990/ProgramServiceRevenueGrp/Desc | 3 | MEMBERSHIP DUES |
| IRS990/ProgramServiceRevenueGrp/ExclusionAmt | 0 | 624454 |
| IRS990/ProgramServiceRevenueGrp/ExclusionAmt | 1 | 34526 |
| IRS990/ProgramServiceRevenueGrp/ExclusionAmt | 2 | 15432 |
| IRS990/ProgramServiceRevenueGrp/ExclusionAmt | 3 | 500 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 624454 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 34526 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 15432 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 3 | 500 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | REGULATORY, ENVIRONMENTAL AND PLANNING - DEVELOPING A POLICY AND REGULATORY FRAMEWORK TO ADVANCE THE WAVE ENERGY INDUSTRY. |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | RESEARCH AND DEVELOPMENT - IMPLEMENTING ENVIRONMENTAL AND APPLIED RESEARCH PROJECTS TO ANSWER KEY QUESTIONS LEADING TO A REDUCTION IN BARRIERS TO WAVE ENERGY DEVELOPMENT. |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 580170 |
| IRS990/PYInvestmentIncomeAmt | 0 | 633 |
| IRS990/PYOtherExpensesAmt | 0 | 390682 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 1158607 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 60597 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 127791 |
| IRS990/PYTotalExpensesAmt | 0 | 1098643 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 1159240 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 21250 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 1138291 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 1115236 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleC/AgreeCarryoverPriorYearInd | 0 | 0 |
| IRS990ScheduleC/OnlyInHouseLobbyingInd | 0 | 0 |
| IRS990ScheduleC/SubstantiallyAllDuesNondedInd | 0 | 1 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 3136 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 5310 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 8446 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 3136 |
| IRS990ScheduleI/GrantRecordsMaintainedInd | 0 | 1 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 0 | 20917 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 1 | 27850 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 2 | 6032 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 3 | 15599 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 4 | 11850 |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 0 | COMMMERCIALIZATION |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 1 | COMMERCIALIZATION |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 2 | COMMERICIALIZATION |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 3 | COMMERCIALIZATION |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 4 | COMMUNITY READINESS |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 0 | COLUMBIA POWER TECHNOLOGIES INC |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 1 | PRINCIPAL POWER INC |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 2 | RESOLUTE ENERGY INC |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 3 | OREGON INSTITUTE OF TECHNOLOGY |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 4 | UNIVERSITY OF OREGON |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 0 | 236 E HIGH ST |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 1 | 93 S JACKSON ST 63650 |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 2 | 3 POST OFFICE SQUARE-3RD FLOOR |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 3 | 3201 CAMPUS DRIVE |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 4 | PO BOX 3237 |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 0 | CHARLOTTESVILLE |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 1 | SEATTLE |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 2 | BOSTON |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 3 | KLAMATH FALLS |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 4 | EUGENE |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 0 | VA |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 1 | WA |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 2 | MA |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 3 | OR |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 4 | OR |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 0 | 22902 |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 1 | 98104 |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 2 | 02109 |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 3 | 97601 |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 4 | 97403 |
| IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt | 0 | THE ORGANIZATION APPROVES GRANTS THAT ARE BUDGETED AND MEET WITH THE ORGANIZATIONS MISSION. |
| IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART I, LINE 2: |
| IRS990ScheduleI/TotalOtherOrgCnt | 0 | 5 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE ORGANIZATION HAVE INDIVIDUAL AND BUSINESS MEMBERS WHO PAY DUES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE FORM 990 IS REVIEWED AND APPROVED BY THE EXECUTIVE DIRECTOR. A COPY OF THE APPROVED FORM 990 IS PROVIDED TO ALL BOARD MEMBERS PRIOR TO FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DURING BOARD MEETINGS, WHEN A PROJECT IS CONSIDERED OR A DISCUSSION BEGINS THAT COULD INVOLVE ONE OF THE BOARD MEMBER'S COMPANIES OR THEIR INVOLVEMENT, THE PERSON (S) IS ASKED TO LEAVE AND THE DISCUSSION TAKES PLACE IN A "CLOSED DOOR MEETING". IN ADDITION, WHEN PROJECTS COME UP AND A RFP IS RELEASED, IT IS CAREFULLY MONITORED TO MAKE SURE THAT A BOARD MEMBER DOES NOT HAVE AN UNFAIR ADVANTAGE AND HAS TO BID AS EVERYONE ELSE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE ORGANIZATION'S ATTORNEY COUNSEL AND BOARD MEMBERS RESEARCHED SIMILAR NON-PROFIT ORGANIZATIONS FOR SALARY COMPARISONS TO DETERMINE COMPARABLE DATA AS BASELINE SALARY PARAMETER AND USED THAT AS BASELINE RANGE TO DETERMINE SALARY IN ACCORDANCE TO EXPERIENCE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | UPON REQUEST AND THROUGH THE ORGANIZATION'S WEBSITE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | AT THE TIME OF FILING 2014'S FORM 990 OREGON WAVE ENERGY TRUST WAS IN THE PROCESS OF AN AUDIT. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 11 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION B, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART XII, LINE 2B: |
| IRS990ScheduleR/AssetExchangeInd | 0 | 0 |
| IRS990ScheduleR/AssetPurchaseFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/AssetSaleToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/DivRelatedOrganizationInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd | 0 | N/A |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 0 | PACIFIC OCEAN ENERGY TRUST |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt | 0 | 501(C)(3) |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd | 0 | OR |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt | 0 | TO CARRY OUT THE CHARITABLE PURPOSES RELATED TO AND IN SUPPORT OF OWET. |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt | 0 | LINE 11D, III-O |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt | 0 | PO BOX 8626 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm | 0 | PORTLAND |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd | 0 | OR |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd | 0 | 97207 |
| IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/PaidEmployeesSharingInd | 0 | 0 |
| IRS990ScheduleR/PerformOfServicesByOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/PerformOfServicesForOthOrgInd | 0 | 0 |
| IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd | 0 | 0 |
| IRS990ScheduleR/ReimbursementPaidByOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/ReimbursementPaidToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd | 0 | 0 |
| IRS990ScheduleR/RentalOfFcltsFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/SharingOfFacilitiesInd | 0 | 0 |
| IRS990ScheduleR/TransferFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/TransferToOtherOrgInd | 0 | 0 |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 1 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TempOrPermanentEndowmentsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 1154534 |
| IRS990/TotalAssetsEOYAmt | 0 | 1134680 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 1154534 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 1134680 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 2369 |
| IRS990/TotalEmployeeCnt | 0 | 2 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 658618 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 1078266 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 1037162 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 1078266 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 1037162 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 76268 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 97518 |
| IRS990/TotalOtherCompensationAmt | 0 | 611 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 674912 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 93928 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 677499 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 679868 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 0 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 1154534 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 1134680 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
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Displayed year
2015 • Form 990Detailed filing. Detailed filing data is available for this year.