Liabilities / Assets
52nd percentile
Higher debt load relative to assets than 52% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.01x
Liabilities / Revenue
58th percentile
Higher debt load relative to revenue than 58% of similar nonprofits.
Net Margin
40th percentile
Higher net margin than 40% of similar nonprofits.
Top Officer Pay
75th percentile
Higher top officer pay than 75% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
$44,648
No earlier filing loaded for comparison.
Net Assets
$44,198
No earlier filing loaded for comparison.
Liabilities
$450
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
$38,444
No earlier filing loaded for comparison.
Expenses
$42,120
No earlier filing loaded for comparison.
Net Income
-$3,676
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2020 to Dec 31, 2020
- Signed
- Mar 9, 2021
- Return Version
- 2020v4.0
- Gross Receipts
- $38,444
Mission and Program Overview
Mission
Ocean cure is dedicated to providing surfing camps to medically fragile and at-risk youth and adults.
Ocean cure is dedicated to providing surfing camps to medically fragile and at-risk youth.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| PROVIDED FREE SURF CAMPS FOR MEDICALLY FRAGILE OR AT RISK CHILDREN INCLUDING THOSE AFFECTED BY AIDS, AUTISM, CEREBRAL PALSY, VISUAL IMPAIRMENTS,TERMINAL ILLNESSES, AND OTHER DISABILITIES. | - | $42,120 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| KEVIN T MURPHY | President | PT | $0 | - | - |
| CHRIS D LACOE | Sec-Treasure | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Ocean Cure Inc
- EIN
- 26-4509035
- Address
- 607 NORTH LAKE PARK BLVD, CAROLINA BEACH, NC 28428
Signing Officer
- Name
- Chris D Lacoe
- Title
- Sec-treasurer
- Signed
- 2021-03-09
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Rogers & Company Cpas Pa
- Address
- 825 GUM BRANCH ROAD SUITE 101, JACKSONVILLE, NC 28540
- Preparer
- Terry W Yopp Jr CPA
- Phone
- 9103462259
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses program awareness 2,617 office expenses 1,643 camp travel 273 insurance expense 1,257 tax and licenses 102 service charges 175 camp meals 385 camp expense 5,110 maintenance & repairs 947 dues & subscriptions 1,464 supplies 1,087 storage rent 2,706 auto expense 2,559 miscellaneous 200 non-investment depreciation 18,417 total 38,942”
Form 990-ez, Part II, Line 24
“Accounts receivable 50 50 prepaid expenses and deferred charges 722 0 furniture & equipment 85,862 89,714 less accumulated depreciation 47,550 65,967 total 39,084 23,797”
Form 990-ez, Part II, Line 26
“CREDIT CARD 0 450”
Form 990-ez, Part III
“Ocean cure is dedicated to providing surfing camps to medically fragile and at-risk youth.”
Raw XML Appendix130 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 |
|---|---|---|
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 0 | KEVIN T MURPHY |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 1 | CHRIS D LACOE |
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | KEVIN T MURPHY |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 9104310594 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 506 RALEIGH ROAD |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | CAROLINA BEACH |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NC |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 28428 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 8790 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 20851 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 38444 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -3676 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 3178 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 47874 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 44648 |
| IRS990EZ/GrossReceiptsAmt | 0 | 38444 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 47874 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 44198 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 47874 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 44198 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | KEVIN T MURPHY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | CHRIS D LACOE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | SEC-TREASURE |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 39084 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 23797 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 38942 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | OCEAN CURE IS DEDICATED TO PROVIDING SURFING CAMPS TO MEDICALLY FRAGILE AND AT-RISK YOUTH. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | PROVIDED FREE SURF CAMPS FOR MEDICALLY FRAGILE OR AT RISK CHILDREN INCLUDING THOSE AFFECTED BY AIDS, AUTISM, CEREBRAL PALSY, VISUAL IMPAIRMENTS,TERMINAL ILLNESSES, AND OTHER DISABILITIES. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 42120 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 450 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 42120 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 42120 |
| IRS990EZ/TotalRevenueAmt | 0 | 38444 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.OCEAN-CURE.ORG |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 38444 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 75577 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 42206 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 33409 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 13390 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 203026 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 203026 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 38444 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 75577 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 42206 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 33409 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 13390 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 203026 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 203026 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES PROGRAM AWARENESS 2,617 OFFICE EXPENSES 1,643 CAMP TRAVEL 273 INSURANCE EXPENSE 1,257 TAX AND LICENSES 102 SERVICE CHARGES 175 CAMP MEALS 385 CAMP EXPENSE 5,110 MAINTENANCE & REPAIRS 947 DUES & SUBSCRIPTIONS 1,464 SUPPLIES 1,087 STORAGE RENT 2,706 AUTO EXPENSE 2,559 MISCELLANEOUS 200 NON-INVESTMENT DEPRECIATION 18,417 TOTAL 38,942 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ACCOUNTS RECEIVABLE 50 50 PREPAID EXPENSES AND DEFERRED CHARGES 722 0 FURNITURE & EQUIPMENT 85,862 89,714 LESS ACCUMULATED DEPRECIATION 47,550 65,967 TOTAL 39,084 23,797 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | CREDIT CARD 0 450 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | OCEAN CURE IS DEDICATED TO PROVIDING SURFING CAMPS TO MEDICALLY FRAGILE AND AT-RISK YOUTH. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | CHRIS D LACOE |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | SEC-TREASURER |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2021-03-09 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | OCEAN CURE INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | OCEA |
| ReturnHeader/Filer/EIN | 0 | 264509035 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 607 NORTH LAKE PARK BLVD |
| ReturnHeader/Filer/USAddress/CityNm | 0 | CAROLINA BEACH |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 28428 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 760811573 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | ROGERS & COMPANY CPAS PA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 825 GUM BRANCH ROAD SUITE 101 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | JACKSONVILLE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 28540 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9103462259 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2021-03-09 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | TERRY W YOPP JR CPA |
| ReturnHeader/ReturnTs | 0 | 2021-05-10T10:37:12-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | CHRIS |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | LACOE |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2020-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2020-12-31 |
| ReturnHeader/TaxYr | 0 | 2020 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $44,648
- Liabilities
- $450
- Net assets
- $44,198
- Revenue
- $38,444
- Expenses
- $42,120
- Net income
- -$3,676