Civic Intelligence

Ocean Genome Legacy Inc

990EZ • Fiscal year 2016 • EIN 26-3026038

Jan 01, 2016 to Dec 31, 2016 • Filed on May 19, 2017

Organization ProfileWWW.OGLF.ORG
240 County RoadIpswich, MA 01938

(978) 380-7485

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2016

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2016

Net Margin

94th percentile

62%

Higher net margin than 94% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

8th percentile

-52%

Faster asset growth than 8% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

2nd percentile

-92%

Faster revenue growth than 2% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$9,641

Down $10,467 (-52%) from 2015

Net Assets

Up

$9,641

Up $4,475 (+87%) from 2015

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin94th percentile

Revenue

Down

$7,238

Down $85,424 (-92%) from 2015

Expenses

Down

$2,764

Down $96,271 (-97%) from 2015

Net Income

Up

$4,474

Up $10,847 (+170%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth8th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800K$600K$400K$200K$0Assets 2010: $593,316Liabilities 2010: $0Net Assets 2010: $593,3162010Assets 2012: $765,207Liabilities 2012: $86,055Net Assets 2012: $679,1522012Assets 2013: $99,768Liabilities 2013: $16,310Net Assets 2013: $83,4582013Assets 2014: $46,539Liabilities 2014: $35,000Net Assets 2014: $11,5392014Assets 2015: $20,108Liabilities 2015: $14,942Net Assets 2015: $5,1662015Assets 2016: $9,641Net Assets 2016: $9,6412016Assets 2017: $8,872Net Assets 2017: $8,8722017Assets 2018: $8,299Net Assets 2018: $8,2992018Assets 2019: $7,337Net Assets 2019: $7,3372019Assets 2020: $7,122Net Assets 2020: $7,1222020Assets 2021: $6,907Net Assets 2021: $6,9072021Assets 2022: $6,707Net Assets 2022: $6,7072022Assets 2023: $0Net Assets 2023: $02023

Highlighted filing

2016

Assets$9,641
Liabilities-
Net Assets$9,641
Open 2016 Filing

Operations Trend

Revenue Growth2nd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500K-$1.0MExpenses 2010: $700,7872010Expenses 2012: $652,4572012Revenue 2013: $736,913Expenses 2013: $1,332,607Net Income 2013: -$595,6942013Revenue 2014: $539,400Expenses 2014: $611,319Net Income 2014: -$71,9192014Revenue 2015: $92,662Expenses 2015: $99,035Net Income 2015: -$6,3732015Revenue 2016: $7,238Expenses 2016: $2,764Net Income 2016: $4,4742016Revenue 2017: $800Expenses 2017: $1,569Net Income 2017: -$7692017Revenue 2018: $8,163Expenses 2018: $8,736Net Income 2018: -$5732018Expenses 2019: $9622019Expenses 2020: $2152020Expenses 2021: $2152021Expenses 2022: $2002022Expenses 2023: $6,7072023

Highlighted filing

2016

Revenue$7,238
Expenses$2,764
Net Income$4,474
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 19, 2017
Return Version
2016v3.0
Gross Receipts
$7,238
Mission and Program Overview

Mission

The ocean genome legacy, inc. Is a non-profit marine research foundation and biological specimen repository dedicated to exploring and preserving information contained in the genes of endangered marine organisms.

Program Services

DescriptionGrantsExpenses
OCEAN GENOME LEGACY, INC.'S GOAL IS TO ACQUIRE, AUTHENTICATE, STUDY, PRESERVE, DEVELOP AND DISTRIBUTE GENETIC MATERIALS, BIOLOGICAL SPECIMENS, INFORMATION,TECHNOLOGY, AND STANDARDS NEEDED TO ADVANCE BASIC AND APPLIED NON-COMMERCIAL RESEARCH.--
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
BRIAN TINGERAssistant Tr-$0--
DR JOHN H BENZIEDirector-$0--
DOUGLAS I FOYTreasurer-$0--
RICHARD ROBERTSPresident-$0--
Filing and Contact Details

Filer

Filer Name
Ocean Genome Legacy Inc
EIN
26-3026038
Phone
9783807485
Address
240 COUNTY ROAD, IPSWICH, MA 01938

Signing Officer

Name
Brian Tinger
Title
Assistant Treasurer
Phone
9783807485
Signed
2017-05-19
Discuss with paid preparer
Yes

Preparer

Firm
Romito Tomasetti & Associates Pc
Address
600 W CUMMINGS PARK STE 2000, WOBURN, MA 01801-6557
Preparer
Nancy a Mcwhirter
Phone
7819385600
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses office supplies and exp 221 total 221”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 14,941 0”

Form 990-ez, Part III

“The ocean genome legacy, inc. Is a non-profit marine research foundation and biological specimen repository dedicated to exploring and preserving information contained in the genes of endangered marine organisms.”

Form 990-ez, Part III, Line 28

“Ocean genome legacy, inc.'s goal is to acquire, authenticate, study, preserve, develop and distribute genetic materials, biological specimens, information,technology, and standards needed to advance basic and applied non-commercial research.”

Raw XML Appendix138 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0BRIAN TINGER
IRS990EZ/BooksInCareOfDetail/PhoneNum09783807425
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0240 COUNTY ROAD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0IPSWICH
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd001938
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt020108
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt09641
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt07238
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt04474
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt02543
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt020108
IRS990EZ/Form990TotalAssetsGrp/EOYAmt09641
IRS990EZ/GrossReceiptsAmt07238
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt05167
IRS990EZ/NetAssetsOrFundBalancesEOYAmt09641
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt05167
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt09641
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0BRIAN TINGER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DR JOHN H BENZIE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DOUGLAS I FOY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3RICHARD ROBERTS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0ASSISTANT TR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt0221
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE OCEAN GENOME LEGACY, INC. IS A NON-PROFIT MARINE RESEARCH FOUNDATION AND BIOLOGICAL SPECIMEN REPOSITORY DEDICATED TO EXPLORING AND PRESERVING INFORMATION CONTAINED IN THE GENES OF ENDANGERED MARINE ORGANISMS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0OCEAN GENOME LEGACY, INC.'S GOAL IS TO ACQUIRE, AUTHENTICATE, STUDY, PRESERVE, DEVELOP AND DISTRIBUTE GENETIC MATERIALS, BIOLOGICAL SPECIMENS, INFORMATION,TECHNOLOGY, AND STANDARDS NEEDED TO ADVANCE BASIC AND APPLIED NON-COMMERCIAL RESEARCH.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt014941
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt02764
IRS990EZ/TotalRevenueAmt07238
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.OGLF.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt07238
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt092662
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0539400
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0728306
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0894647
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02262253
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt05429
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt014628
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt020057
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99120
IRS990ScheduleA/PublicSupportPY170Pct00.98610
IRS990ScheduleA/PublicSupportTotal170Amt02262253
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt07238
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt092662
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0539400
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0728306
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0894647
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02262253
IRS990ScheduleA/TotalSupportAmt02282310
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE SUPPLIES AND EXP 221 TOTAL 221
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS PAYABLE AND ACCRUED EXPENSES 14,941 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE OCEAN GENOME LEGACY, INC. IS A NON-PROFIT MARINE RESEARCH FOUNDATION AND BIOLOGICAL SPECIMEN REPOSITORY DEDICATED TO EXPLORING AND PRESERVING INFORMATION CONTAINED IN THE GENES OF ENDANGERED MARINE ORGANISMS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OCEAN GENOME LEGACY, INC.'S GOAL IS TO ACQUIRE, AUTHENTICATE, STUDY, PRESERVE, DEVELOP AND DISTRIBUTE GENETIC MATERIALS, BIOLOGICAL SPECIMENS, INFORMATION,TECHNOLOGY, AND STANDARDS NEEDED TO ADVANCE BASIC AND APPLIED NON-COMMERCIAL RESEARCH.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BRIAN TINGER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0ASSISTANT TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum09783807485
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OCEAN GENOME LEGACY INC
ReturnHeader/Filer/BusinessNameControlTxt0OCEA
ReturnHeader/Filer/EIN0263026038
ReturnHeader/Filer/PhoneNum09783807485
ReturnHeader/Filer/USAddress/AddressLine1Txt0240 COUNTY ROAD
ReturnHeader/Filer/USAddress/CityNm0IPSWICH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001938
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId08057877B396BB4767D1DED0202E7779A4BBC1101
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId08057877B396BB4767D1DED0202E7779A4BBC1101
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0042574751
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ROMITO TOMASETTI & ASSOCIATES PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0600 W CUMMINGS PARK STE 2000
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WOBURN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0018016557
ReturnHeader/PreparerPersonGrp/PhoneNum07819385600
ReturnHeader/PreparerPersonGrp/PreparationDt02017-05-23
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0NANCY A MCWHIRTER
ReturnHeader/ReturnTs02017-05-24T13:52:15-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$9,641
Liabilities
-
Net assets
$9,641
Revenue
$7,238
Expenses
$2,764
Net income
$4,474
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.01$0.01$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.01$0.01$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.01$0.01$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.01$0.01$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.01$0.01$0.01$0.01$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.01$0.01$0.00$0.00$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.01$0.01$0.01$0.00$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.02$0.01$0.01$0.09$0.10$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.05$0.04$0.01$0.54$0.61$0.07
2013Detailed filing. Detailed filing data is available for this year.$0.10$0.02$0.08$0.74$1.33$0.60
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.77$0.09$0.68$0.65
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.59$0.00$0.59$0.70