Ocean Conservancy Inc.

“The 990 is prepared by an outside firm. The VP for Finance performs a detailed review of the 990 and reconciles any questions and modifies the return if necessary. The 990 is then forwarded to the Chief Financial Officer and the Finance Committee for further questions. After their review and any adjustments if necessary, the 990 is forwarded to the entire Board and then filed with IRS.”

“Conflict of interest policy disclosure statements are to be prepared at least annually. In the case where a possible conflict by an employee other than the CEO of the organization is identified, the CEO shall determine whether an actual or potential conflict of interest exists or can be reasonably construed to exist and how the conflict of interest should be resolved. When a conflict of interest is disclosed by a covered person other than a covered employee or by the CEO, the Chair shall disclose the conflict of interest to the Board of Directors or a designated committee. Then by majority vote of the disinterested Directors (even if the disinterested Directors constitute less than a quorum) it will be decided whether an actual or potential conflict of interest exists or can be reasonably construed to exist. Proposals to the full Board of Directors as to how the conflict of interest should be resolved will then be provided.”

“The Board sets the CEO's and President's salaries based on its evaluation of their performance. The Board takes into account market surveys and the organization's performance and financial position. The Executive Committee of the Board of Directors reviews and approves the compensation of other officers and key employees using externally prepared comparability data.”

“Ocean Conservancy's audited financial statements, governing documents and conflict of interest policy are available upon request.”

“Temporary help: Program service expenses 11,534. Management and general expenses 577. Fundraising expenses 104. Total expenses 12,215. Grant writing: Program service expenses 16,929. Management and general expenses 849. Fundraising expenses 152. Total expenses 17,930. Employee development: Program service expenses 35,071. Management and general expenses 1,760. Fundraising expenses 315. Total expenses 37,146. State registrations: Program service expenses 13,242. Management and general expenses 664. Fundraising expenses 119. Total expenses 14,025. Planned giving: Program service expenses 81,909. Management and general expenses 4,110. Fundraising expenses 736. Total expenses 86,755. Membership: Program service expenses 369,791. Management and general expenses 18,554. Fundraising expenses 3,321. Total expenses 391,666. Admin process: Program service expenses 22,911. Management and general expenses 1,150. Fundraising expenses 206. Total expenses 24,267. Digital advocay: Program service expenses 57,640. Management and general expenses 2,892. Fundraising expenses 518. Total expenses 61,050. Contractors: Program service expenses 2,564,286. Management and general expenses 147,546. Fundraising expenses 26,411. Total expenses 2,738,243. Gift processing: Program service expenses 129,334. Management and general expenses 6,489. Fundraising expenses 1,162. Total expenses 136,985. Photograph: Program service expenses 23,599. Management and general expenses 1,184. Fundraising expenses 212. Total expenses 24,995.”