Liabilities / Assets
83rd percentile
Higher debt load relative to assets than 83% of similar nonprofits.
Guy Harvey Ocean Fund Inc
EIN 26-1710999 • 501(c)3 • Fort Lauderdale, FL
Profile
To conserve the marine environment, now and for generations to come, through scientific research and education. (continued on schedule o)the guy harvey foundation (ghf) conducts scientific research and hosts educational programs aimed at conserving the marine environment. The ghf will help ensure that future generations can enjoy and benefit from a naturally balanced ocean ecosystem.the ghf also funds inspired scientific research and innovative educational programs developed by universities, colleges, institutes, and nonprofit organizations that promise to bring new ideas and initiatives to marine conservation and that encourage conservations and best management practice for sustainable marine environment.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.51x
Liabilities / Revenue
76th percentile
Higher debt load relative to revenue than 76% of similar nonprofits.
Net Margin
80th percentile
Higher net margin than 80% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
86th percentile
Faster asset growth than 86% of similar nonprofits.
Revenue Growth
74th percentile
Faster revenue growth than 74% of similar nonprofits.
Balance Sheet
Assets
Up$2,498,166
Up $633,081 (+34%) from 2023
Liabilities
Down$1,285,851
Down $351,776 (-21%) from 2023
Net Assets
Up$1,212,315
Up $984,857 (+433%) from 2023
Revenue
Up$3,613,565
Up $750,901 (+26%) from 2023
Expenses
Down$2,585,809
Down $323,414 (-11%) from 2023
Net Income
Up$1,027,756
Up $1,074,315 (+2307%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $2,498,166
- Liabilities
- $1,285,851
- Net assets
- $1,212,315
- Revenue
- $3,613,565
- Expenses
- $2,585,809
- Net income
- $1,027,756
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Nov 14, 2025
- Return Version
- 2024v5.2
- Gross Receipts
- $3,735,236
Mission and Program Overview
Mission
The guy harvey ocean foundation aims to conserve the marine environment, now and for generations to come, through scientific research and education.
Scientific research and educational programs aimed at conserving the marine environment.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | $10,907 | $1,067,768 | ▲ $1,056,861 |
| Cash and Non-Interest-Bearing Accounts | $1,301,671 | $881,406 | ▼ $420,265 |
| Pledges and Grants Receivable | $434,507 | $430,992 | ▼ $3,515 |
| Intangible Assets | $108,000 | $108,000 | → $0 |
| Total Assets | $1,865,085 | $2,498,166 | ▲ $633,081 |
| Other Assets Total | $10,000 | $10,000 | → $0 |
| Liabilities | |||
| Grants Payable | $1,429,968 | $1,129,267 | ▼ $300,701 |
| Accounts Payable and Accrued Expenses | $87,951 | $151,352 | ▲ $63,401 |
| Deferred Revenue | $119,708 | $5,232 | ▼ $114,476 |
| Total Liabilities | $1,637,627 | $1,285,851 | ▼ $351,776 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $-154,143 | $830,714 | ▲ $984,857 |
| Net Assets With Donor Restrictions | $381,601 | $381,601 | → $0 |
| Total Net Assets Fund Balance | $227,458 | $1,212,315 | ▲ $984,857 |
| Total Liabilities and Net Assets / Fund Balance | $1,865,085 | $2,498,166 | ▲ $633,081 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Jessica Harvey | CEO, Secretary | FT | $111,834 | $3,497 | $115,331 |
| David Lopez | CFO (as of 2/1/24) | PT | $43,013 | - | $43,013 |
Board Members and Trustees
| Name | Title |
|---|---|
| Steve Roden | Chairman |
| Dr Guy Harvey | Founder & Chair Emeritus |
| Chris Peterson | Director |
| Dean Klevan | Director |
| Eric Carey | Director |
| Jane Wye | Director |
| Jeff Harkavy | Director |
| Jim Hill | Director |
| Jodi Lewis | Director |
| Paul Castronovo | Director |
| Rob Kornahrens | Director |
| Robert Thomas | Director |
| Rodney Barreto | Director |
| Rich Davies | Director (term End 10/28/24) |
| Bob Osborn | Treasurer |
Highest Paid Contractors
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Guy Harvey INC | Licensing | 1500 W CYPRESS CREEK RD 108, Ft Lauderdale, FL 33309 | $300,000 |
| Ocean First Institute | Education Licensing & Creation | 3015 BLUFF ST, Boulder, CO 80301 | $137,500 |
| Beyond Our Shores | Scientific Research | PO BOX 3506, Newport, RI 02871 | $132,500 |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $2,872,941
- Program Service Revenue
- $92,870
- Investment Income
- $41,666
- Other Revenue
- $606,088
- All Other Contributions
- $1,056,273
- Change in Net Assets
- $1,027,756
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $1,404,139 |
| Salaries, Compensation, and Employee Benefits | $994,507 |
| Total Fundraising Expense | $315,777 |
| Grants and Similar Amounts Paid | $187,163 |
| Professional Fundraising Fees | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $392,987 | $76,279 | $117,731 | $586,997 |
| Royalties | $200,000 | - | $100,000 | $300,000 |
| Current Officers, Directors, Trustees, and Key Employees | $46,133 | $89,145 | $23,066 | $158,344 |
| Other Employee Benefits | $67,252 | $66,315 | $8,915 | $142,482 |
| Other Expenses | $121,155 | $14,475 | $935 | $136,565 |
| Travel | $88,327 | $22,586 | $10,912 | $121,825 |
| Grants to Domestic Orgs | $97,500 | - | - | $97,500 |
| Fees for Services Accounting | - | $90,590 | - | $90,590 |
| Grants to Domestic Individuals | $89,663 | - | - | $89,663 |
| Payroll Taxes | $43,413 | $29,398 | $9,108 | $81,919 |
| Fees for Services Other | $74,741 | $4,270 | $2,484 | $81,495 |
| Fees for Services Lobbying | - | $78,000 | - | $78,000 |
| Information Technology | $6,553 | $46,590 | $22,528 | $75,671 |
| Office Expenses | $20,582 | $35,766 | $14,830 | $71,178 |
| Advertising | $3,282 | $37,629 | $749 | $41,660 |
| Pension Plan Contributions | $14,436 | $5,952 | $4,377 | $24,765 |
| Fees for Services Legal | $6,470 | $10,877 | - | $17,347 |
| Insurance | - | $14,036 | - | $14,036 |
| Conferences and Meetings | $3,794 | $236 | $142 | $4,172 |
| Fees for Service Investment Mgmnt Fees | - | $150 | - | $150 |
| Total Functional Expenses | $1,647,738 | $622,294 | $315,777 | $2,585,809 |
International Activity
Grant and Assistance Recipients
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| University of Florida Foundation | Gainesville, FL | 501(c)(3) | Sea Grant Scholarships for 8 Fellows | $46,000 |
| Center for Sportfishing Policy | Baton Rouge, LA | 501(c)(4) | Advocacy for Saltwater Recreational Anglers | $25,000 |
| Marine Technology Society Inc | Washington, DC | 501(c)(3) | Ocean Exchange - Guy Harvey Foundation Collegiate Award | $10,000 |
International Summary
- Offices
- 0
- Employees
- 2
- Spending
- $225,050
International Compliance
- Activity in boycott countries
- No
- Foreign corporation ownership
- No
- Foreign partnership interest
- No
- Interest in foreign trust
- No
- Passive foreign investment company interest
- No
- Transfers to foreign corporations
- No
International Activities
| Region | Activity | Services | Offices | Employees | Spending |
|---|---|---|---|---|---|
| Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas, | Program Services | Scientific Research | 0 | 2 | $203,233 |
| North America - Canada and Mexico, But Not the United States | Program Services | Scientific Research | 0 | 0 | $20,800 |
| Sub-saharan Africa | Program Services | Education | 0 | 0 | $1,017 |
Fundraising, Events, and Gaming
- Fundraising activities
- Yes
- Gaming activities
- Yes
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Fundraising Gross Income | $292,500 |
| Fundraising Direct Expenses | $94,224 |
| Gaming Gross Income | $29,063 |
| Gaming Direct Expenses | $27,447 |
| Professional Fundraising Fees | $0 |
Fundraising Events
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Gala | $403,562 | $292,500 | $5,289 | $287,211 |
| Total Events | $403,562 | $292,500 | $94,224 | $198,276 |
Political and Lobbying Activity
- Political campaign activity
- No
- Lobbying activity
- Yes
- Subject to proxy tax
- No
Insider Transactions and Loans
Interested-Person Transactions
| Interested Party | Relationship | Description | Shared Revenue | Amount |
|---|---|---|---|---|
| Dr Guy Harvey - Guy Harvey Inc | Founder and Chair Emeritus | See Part Iv | No | $300,000 |
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Annual disclosure for covered persons
- Yes
- Backup withholding compliance
- Yes
- Business relationship with 35% controlled entity
- No
- Business relationship with family members
- No
- Business relationship with organization members
- Yes
- 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
- Yes
- Audited financial statements prepared
- No
- Key decisions subject to board approval
- No
- Management duties delegated
- No
Governance Explanations
Form 990, Part VI, Section A, Line 2
“Board members dr. Guy harvey and jessica harvey have a family relationship.”
Form 990, Part VI, Section B, Line 11B
“Form 990 is reviewed in detail with management prior to filing. The form is then made available to the board of directors.”
Form 990, Part VI, Section B, Line 12C
“All members of the board of directors are required to annually acknowledge their understanding of, and agreement to, guy harvey foundation's conflict of interest policy. This conflict-of-interest policy is designed to help directors, officers, and employees of the guy harvey foundation identify situations that present potential conflicts of interest and to provide guy harvey foundation a procedure that, if observed, will allow a transaction to be treated as valid and binding even though a director, officer, or employee has or may have a conflict of interest with respect to the transaction. In the event there is an inconsistency between the requirements and procedures prescribed by the policy and those in federal or state law, the law shall control. As set forth in the bylaws, directors shall be responsible for ensuring that no interested person, as defined in the conflict-of-interest policy, or any family member of the interested person, who has a conflict of interest with regards to any business dealings or contracts of guy harvey foundation exercises influence and/or participates in decisions related to those business dealings or contracts. Further, any financial arrangements, business dealings and contracts entered by guy harvey foundation will be on "fair market" terms as determined by industry standards and local convention. The governing board of directors has identified a qualified certified public accountant (cpa) to ensure financial accuracy and compliance.”
Form 990, Part VI, Section B, Line 15A
“A committee of the board of directors reviews the compensation of the ceo. The committee uses its own observations of the ceo and relies on comments and feedback from staff in order to evaluate overall performance. The committee also reviews comparable data of other similar organizations to ensure the compensation is within reasonable range. The committee then makes a recommendation to the full board of directors who then vote on the compensation of the ceo.”
Form 990, Part VI, Section C, Line 19
“Financial statements, governing documents, and conflict of interest policies are not required disclosures pursuant to internal revenue code irc sec. 6104. These documents are not made available to the public at this time.”
Filing and Contact Details
Filer
- Filer Name
- Guy Harvey Ocean Fund Inc
- EIN
- 26-1710999
- Phone
- 8002881227
- Address
- 757 SE 17TH ST 217, FORT LAUDERDALE, FL 33316
- Doing Business As
- Guy Harvey Foundation
Signing Officer
- Name
- Jessica Harvey
- Title
- CEO
- Phone
- 8002881227
- Signed
- 2025-11-14
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Jessica Harvey
- Formed
- 2008
- Legal Domicile
- Fl
- Voting Board Members
- 15
- Independent Board Members
- 13
- Employees
- 10
- Volunteers
- 50
Preparer
- Firm
- Cbiz Advisors LLC
- Address
- 700 WEST 47TH STREET SUITE 1100, KANSAS CITY, MO 64112
- Preparer
- Lisa Burke
- Phone
- 8169455500
Supplemental Narrative
Additional Explanations
FORM 990, PART XI, LINE 9:
“Change in pledge discount -42,899.”
Raw XML AppendixShowing 400 of 748 raw XML fields
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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| IRS990/Desc | 0 | EDUCATION: THE GUY HARVEY FOUNDATION (GHF) OFFERS SCHOLARSHIPS TO UNIVERSITY STUDENTS STUDYING MARINE SCIENCE AND WORKING TO BECOME FUTURE LEADERS OF OCEAN CONSERVATION. GHF, IN CONJUNCTION WITH THE GUY HARVEY ENDOWED SCHOLARSHIP PROGRAM, OFFERS FOUR (4) 4-YEAR FLORIDA UNIVERSITY PLAN SCHOLARSHIPS TO GRADUATING HIGH SCHOOL SENIORS WHO PLAN TO ATTEND NOVA SOUTHEASTERN UNIVERSITY.(CONTINUED ON SCHEDULE O)GHF LAUNCHED THE GUY HARVEY CONSERVATION EDUCATION PROGRAM, A PIONEERING INITIATIVE DEDICATED TO INSPIRING THE NEXT GENERATION OF OCEAN STEWARDS. THIS PROGRAM HONORS EDUCATORS, SCHOOLS, AND DISTRICTS COMMITTED TO ENVIRONMENTAL STEAM (SCIENCE, TECHNOLOGY, ENGINEERING, ARTS, AND MATHEMATICS) EDUCATION. THROUGH REGIONAL PROFESSIONAL DEVELOPMENT OPPORTUNITIES HELD MULTIPLE TIMES ANNUALLY ACROSS FLORIDA, EDUCATORS DELVE DEEP INTO CONSERVATION EDUCATION, ENHANCING THEIR TEACHING AND INSTILLING CONSERVATION VALUES IN STUDENTS. THE PROGRAM ALSO OFFERS GRANTS FOR FIELD TRIPS AND CLASSROOM SUPPLIES, EMPOWERING EDUCATORS WITH RECOGNITION, KNOWLEDGE, AND RESOURCES TO FOSTER ENVIRONMENTAL AWARENESS AND CONTRIBUTE TO A SUSTAINABLE FUTURE.GHF'S BACK-TO-SCHOOL CAMPAIN EMPOWERS EDUCATORS WITH THE TOOLS THEY NEED TO TEACH MARINE SCIENCE AND INSPIRE THE NEXT GENERATION OF OCEAN STEWARDS. SUPPORT PROVIDES ESSENTIAL RESOURCES, CURRICULUM, AND HANDS-ON ACTIVITIES THAT BRING THE WONDERS OF THE OCEAN INTO CLASSROOMS. BY HELPING TEACHERS ACCESS THESE MATERIALS, WE ARE NOT ONLY ENHANCING STUDENTS' UNDERSTANDING OF MARINE ECOSYSTEMS BUT ALSO FOSTERING A LIFELONG PASSION FOR OCEAN CONSERVATION. TOGETHER, WE CAN ENSURE THAT TODAY'S STUDENTS BECOME TOMORROW'S ADVOCATES FOR A HEALTHY AND THRIVING OCEAN. SEE SCHEDULE I, PART III FOR 2024 GRANTS TO EDUCATORS. |
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| IRS990/Form990PartVIISectionAGrp/PersonNm | 15 | RICH DAVIES |
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| IRS990/MissionDesc | 0 | THE GUY HARVEY FOUNDATION (GHF) COLLABORATES WITH LOCAL AND INTERNATIONAL ORGANIZATIONS TO CONDUCT SCIENTIFIC RESEARCH AND HOST EDUCATIONAL PROGRAMS AIMED AT BETTER UNDERSTANDING AND CONSERVING THE OCEAN ENVIRONMENT. (CONTINUED ON SCHEDULE O) THE GHF ALSO FUNDS INSPIRED SCIENTIFIC RESEARCH AND INNOVATIVE EDUCATIONAL PROGRAMS DEVELOPED BY UNIVERSITIES, COLLEGES, INSTITUTES, AND NONPROFIT ORGANIZATIONS THAT PROMISE TO BRING NEW IDEAS AND INITIATIVES TO MARINE CONSERVATION AND THAT ENCOURAGE CONSERVATIONS AND BEST MANAGEMENT PRACTICE FOR SUSTAINABLE MARINE ENVIRONMENT. |
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| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | SCIENCE AND RESEARCH: THE GUY HARVEY FOUNDATION (GHF) RESEARCH PROGRAMS ARE DEDICATED TO EXPANDING THE SCIENTIFIC KNOWLEDGE NECESSARY FOR EFFECTIVE CONSERVATION OF FISH POPULATIONS AND MAINTENANCE OF FISH BIODIVERSITY. THE HIGH-QUALITY SCIENTIFIC INFORMATION PROVIDED BY GHF IS CRITICAL TO THE UNIVERSALLY RECOGNIZED URGENT NEED TO DEVELOP AND IMPLEMENT EFFECTIVE MEASURES FOR THE CONSERVATION AND ENHANCEMENT OF FISH RESOURCES WORLDWIDE. RESEARCH PROGRAMS INCLUDE: (1) SATELLITE TAGGING SHORTFIN MAKO SHARKS, (2) SATELLITE AND CONVENTIONAL TAGGING DOLPHINFISH IN THE NW ATLANTIC OCEAN, CARIBBEAN SEA, AND EASTERN TROPICAL PACIFIC, (3) TAGGING AND TRACKING BILLFISH IN THE EASTERN TROPICAL PACIFIC OCEAN, AND (4) SATELLITE TAGGING OF WHALE SHARKS OFF THE YUCATAN PENINSULA. (CONTINUED ON SCHEDULE O)1. SATELLITE TAGGING SHORTFIN MAKO SHARKS IN THE NW ATLANTIC OCEAN AND WESTERN CARIBBEAN / GULF OF MEXICO. THE GUY HARVEY FOUNDATION AND GUY HARVEY RESEARCH INSTITUTE (GHRI) AT NOVA SOUTHEASTERN UNIVERSITY DEPLOYED FIVE SATELLITE TRACKING TAGS (SPOT TAGS) ON SHORTFIN MAKO SHARKS IN THE NW ATLANTIC OCEAN AND WESTERN CARIBBEAN / GULF OF MEXICO AS PART OF A MULTIYEAR STUDY TO UNDERSTAND THE MIGRATION PATTERNS AND FISHING MORTALITY FOR THIS SPECIES. THIS RESEARCH PROJECT PROVIDED THE FIRST FISHERIES-INDEPENDENT FISHING MORTALITY RATE FOR THIS ECONOMICALLY AND ECOLOGICALLY IMPORTANT SPECIES, WHICH WAS 10 TIMES HIGHER THAN PREVIOUSLY THOUGHT. THIS DISCOVERY LED THE INTERNATIONAL ORGANIZATION THAT MANAGES MAKO SHARKS TO DOWNGRADE THEIR STATUS TO OVERFISHED WITH OVERFISHING OCCURRING. THIS CHANGE OF STATUS, IN TURN, PROMPTED THE U.S. GOVERNMENT (NOAA) TO INCREASE PROTECTIONS FOR MAKO SHARKS IN FEDERAL WATERS, INCLUDING MANDATING THE RELEASE OF LIVE MAKO SHARKS IN THE COMMERCIAL FISHERY AND AN INCREASED MINIMUM SIZE IN THE RECREATIONAL FISHERY.2. SATELLITE AND CONVENTIONAL TAGGING DOLPHINFISH IN THE NW ATLANTIC OCEAN, CARIBBEAN SEA, AND EASTERN TROPICAL PACIFIC. THE FOUNDATION PARTNERED WITH THE DOLPHINFISH RESEARCH PROGRAM TO DEPLOY POP-UP SATELLITE TRACKING TAGS (PSAT TAGS) AND GEOLOCATING TAGS ON ATLANTIC AND PACIFIC DOLPHINFISH AND TO ENGAGE RECREATIONAL ANGLERS IN A TAG AND RECAPTURE CITIZEN SCIENCE STUDY. THIS HIGHLY REPRODUCTIVE FISH HAS LONG BEEN THOUGHT TO BE IMMUNE TO OVERFISHING BUT ANECDOTAL EVIDENCE IS SHOWING A DECLINE IN THE NUMBERS AND SIZE OF DOLPHINFISH AROUND THE WORLD AND SPECIFICALLY IN THE SOUTHEAST UNITED STATES. THE SATELLITE TAGGING STUDY IS HELPING RESEARCHERS BETTER UNDERSTAND THE SEASON MIGRATIONS OF THESE FISH WHILE THE TAG AND RECAPTURE STUDY IS PROVIDING INVALUABLE DATA ABOUT THE INCREDIBLY FAST GROWTH RATE OF THESE FISH AND HOW OFTEN THEY ARE CAUGHT. THESE DATA ARE FUNDAMENTAL TO CONSERVING THIS COMMERCIALLY AND RECREATIONALLY IMPORTANT SPECIES.3. TAGGING AND TRACKING BILLFISH IN THE EASTERN TROPICAL PACIFIC OCEAN. THE FOUNDATION PARTNERED WITH NOVA SOUTHEASTERN UNIVERSITY AND TROPIC STAR LODGE IN PANAMA ON A COMPREHENSIVE STUDY OF THE BILLFISH AND OTHER LARGE VERTEBRATES THAT INHABIT THE EASTERN TROPICAL PACIFIC OCEAN. THIS IS THE FOURTH YEAR OF A FIVE-YEAR STUDY TO DEPLOY SATELLITE POP-UP TAGS AND ACCELEROMETER TAGS ON BLUE MARLIN, BLACK MARLIN, AND SAILFISH TO BETTER UNDERSTAND THEIR MIGRATION PATTERNS AND HOW THESE SPECIES RECOVER FROM THE CATCH AND RELEASE PROCESS. THERE IS A SIGNIFICANT AMOUNT OF COMMERCIAL FISHING IN THIS REGION, SO FISHERIES MANAGERS NEED TO KNOW WHERE THESE BILLFISH ARE TRAVELLING. ADDITIONALLY, THE RECREATIONAL FISHERY IS VERY VALUABLE TO THE REGION, SO IT IS IMPORTANT TO UNDERSTAND THE EFFECTS THAT THE CATCH AND RELEASE PROCESS HAS ON THESE ANIMALS. DATA COLLECTED FROM THE DEPLOYMENT OF BAITED REMOTE UNDERWATER VIDEO (BRUV) CAMERAS IS IN THE PROCESS OF BEING SCIENTIFICALLY PUBLISHED.4. SATELLITE TAGGING OF WHALE SHARKS OFF THE YUCATAN PENINSULA. THE FOUNDATION PARTNERED WITH CH'OOJ AJAUIL AND THE GUY HARVEY RESEARCH INSTITUTE TO DEPLOY SMART POSITION AND TEMPERATURE (SPOT) TRANSMITTING TAGS ON |
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