Civic Intelligence

Savannah Ocean Exchange Inc

990 • Fiscal year 2022 • EIN 27-2691376

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 15, 2023

Organization ProfileWWW.OCEANEXCHANGE.ORG
480 Butler AveSavannah, GA 31406

(912) 660-4696

Siviq Scores

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

Liabilities / Assets

58th percentile

0.04x

Higher debt load relative to assets than 58% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

37th percentile

0.00x

Higher debt load relative to revenue than 37% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

26th percentile

-6.9%

Higher net margin than 26% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

79th percentile

$75,000

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 9.2% of source-year revenue.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

4th percentile

-44%

Faster asset growth than 4% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

83rd percentile

69%

Faster revenue growth than 83% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets58th percentile

Assets

Down

$70,196

Down $55,677 (-44%) from 2021

Net Assets

Down

$67,129

Down $55,677 (-45%) from 2021

Liabilities

Flat

$3,067

Flat from 2021

Revenue And Expenses
Liabilities / Revenue37th percentileNet Margin26th percentile

Revenue

Up

$811,877

Up $330,103 (+69%) from 2021

Expenses

Up

$867,554

Up $405,229 (+88%) from 2021

Net Income

Down

-$55,677

Down $75,126 (-386%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth4th percentile

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

$150K$100K$50K$0Assets 2011: $5,266Liabilities 2011: $0Net Assets 2011: $5,2662011Assets 2012: $100,490Liabilities 2012: $0Net Assets 2012: $100,4902012Assets 2013: $34,290Liabilities 2013: $0Net Assets 2013: $34,2902013Assets 2014: $72,521Liabilities 2014: $0Net Assets 2014: $72,5212014Assets 2015: $78,795Liabilities 2015: $0Net Assets 2015: $78,7952015Assets 2016: $80,043Liabilities 2016: $0Net Assets 2016: $80,0432016Assets 2018: $65,368Liabilities 2018: $0Net Assets 2018: $65,3682018Assets 2019: $63,327Liabilities 2019: $48,766Net Assets 2019: $14,5612019Assets 2021: $125,873Liabilities 2021: $3,067Net Assets 2021: $122,8062021Assets 2022: $70,196Liabilities 2022: $3,067Net Assets 2022: $67,1292022Assets 2024: $90,583Liabilities 2024: $3,067Net Assets 2024: $87,5162024

Highlighted filing

2022

Assets$70,196
Liabilities$3,067
Net Assets$67,129
Open 2022 Filing

Operations Trend

Revenue Growth83rd percentile

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

$1.0M$500K$0-$500KExpenses 2011: $362,8562011Expenses 2012: $476,2642012Revenue 2013: $572,632Expenses 2013: $638,832Net Income 2013: -$66,2002013Revenue 2014: $510,591Expenses 2014: $472,361Net Income 2014: $38,2302014Revenue 2015: $536,293Expenses 2015: $530,019Net Income 2015: $6,2742015Revenue 2016: $422,479Expenses 2016: $421,231Net Income 2016: $1,2482016Revenue 2018: $374,350Expenses 2018: $423,597Net Income 2018: -$49,2472018Revenue 2019: $295,103Expenses 2019: $345,910Net Income 2019: -$50,8072019Revenue 2021: $481,774Expenses 2021: $462,325Net Income 2021: $19,4492021Revenue 2022: $811,877Expenses 2022: $867,554Net Income 2022: -$55,6772022Revenue 2024: $960,750Expenses 2024: $890,176Net Income 2024: $70,5742024

Highlighted filing

2022

Revenue$811,877
Expenses$867,554
Net Income-$55,677
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$811,877
Mission and Program Overview

Mission

The organization is designed to showcase global organizations working together and crossing disciplines and boundaries to identify and support solutions to today's global challenges.

To help accelerate the adoption of innovative solutions from start upcompanies, all in support of healthy oceans, resilient coastlines, andsustainable shipping.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$125,873$70,196▼ $55,677
Total Assets$125,873$70,196▼ $55,677
Liabilities
Other Liabilities$3,067$3,067→ $0
Total Liabilities$3,067$3,067→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$122,806$67,129▼ $55,677
Total Net Assets Fund Balance$122,806$67,129▼ $55,677
Total Liabilities and Net Assets / Fund Balance$125,873$70,196▼ $55,677
Compensation and Service Providers
Top Officer Pay79th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Millicent PittsCEO/executive DirectFT$75,000$75,000

Board Members and Trustees

NameTitle
William BrennanChairman
Angus LittlejohnDirector
Ann CarpenterDirector
Anshul TutejaDirector
Bill MalarkeyDirector
Cathy J SakasDirector
Charles HinnantDirector
Christopher MackinDirector
Irene Reynolds SchierDirector
Jud HillDirector
Phil BeierlDirector
Phil PurcellDirector
Roger StrevensDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$776,770
Program Service Revenue
$34,876
Investment Income
$0
Other Revenue
$231
All Other Contributions
$776,770
Change in Net Assets
$-55,677
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$397,280
Grants and Similar Amounts Paid$360,000
Salaries, Compensation, and Employee Benefits$110,274
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$269,323--$269,323
Foreign Grants$250,000--$250,000
Grants to Domestic Orgs$110,000--$110,000
Current Officers, Directors, Trustees, and Key Employees$71,250$3,750-$75,000
Travel$33,383--$33,383
Other Salaries and Wages$27,368$1,440-$28,808
Payroll Taxes$6,143$323-$6,466
Insurance$6,365--$6,365
Other Expenses$2,900$153-$3,053
Fees for Services Other$2,963--$2,963
Fees for Services Legal-$2,085-$2,085
All Other Expenses$1,075$57-$1,132
Office Expenses$4--$4
Total Functional Expenses$855,798$11,756$0$867,554
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Virgil GroupWashington, DC-Ocean Conservation$100,000
GreenblueCharlottesville, VA-Ocean Conservation$10,000

International Summary

Offices
0
Employees
0
Spending
$250,000

International Compliance

Foreign grant records maintained
No
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

RegionActivityServicesOfficesEmployeesSpending
Europe (including Iceland & Greenland) - Albania, Andorra, Austria, BelgiumGrantmaking---$100,000
Europe (including Iceland & Greenland)Grantmaking---$100,000
Sub-saharan AfricaGrantmaking---$50,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Loan Payable$3,067
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The board of directors review and approve the prepared form 900 which is signed by the ceo/president and filed with the internal revenue service and corresponding state agencies.”

Form 990, Part VI, Section B, Line 12

“All relationships are continuously monitored by the board of directors forcompliance.”

Form 990, Part VI, Section B, Line 15A

“The entire board of directors approved the compensation of the topmanagement official after reviewing comparative salary levels and theentity's budget. The review and acceptance of the compensation was notedin the board minutes.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Ocean Exchange Inc
EIN
27-2691376
Phone
9126604696
Address
480 BUTLER AVE, SAVANNAH, GA 31406

Signing Officer

Name
Millicent Pitts
Title
CEO/executive Director
Phone
9126604696
Signed
2023-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Millicent Pitts
Formed
2010
Legal Domicile
Ga
Voting Board Members
13
Independent Board Members
13
Employees
2
Volunteers
10

Preparer

Firm
Hancock Askew & Co Llp
Address
100 RIVERVIEW DRIVE, SAVANNAH, GA 31404
Preparer
Susan G Corderman Clifford
Phone
9122348243
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IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0323
IRS990/PayrollTaxesGrp/ProgramServicesAmt06143
IRS990/PayrollTaxesGrp/TotalAmt06466
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0MILLICENT PITTS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0ANNUAL SOLUTIONS EXCHA
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt034876
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt034876
IRS990/ProgSrvcAccomActyOtherGrp/Desc0THE ANNUAL EXCHANGE EVENT SHOWCASES TEN SOLUTIONS, GENERATED FROM AN ANNUAL GLOBAL CALL FOR SOLUTIONS, HIGHLIGHTING DIFFERENT PERSPECTIVES AND APPROACHES. EACH YEAR, INDIVIDUALS AND ORGANIZATIONS FROM DIVERSE FIELDS WITH EXPERTISE MANAGING GLOBAL ISSUES MEET IN SAVANNAH, GEORGIA. THE WORLD-CLASS SOLUTIONS ARE PRESENTED ON THE FOCUS SELECTED FOR THE CURRENT YEAR. THE NAVIGATOR AWARD IS AWARDED TO THE BEST SOLUTION PRESENTED. ATTENDEES WORK FOR TWELVE MONTHS TO ADVANCE THE ADOPTION OF THE TEN SOLUTIONS AROUND THE GLOBE. THE ADVISORY BOARD OF GOVERNORS OF THE ORGANIZATION SELECTS THE RECIPIENT OF THE AWARD ACCORDING TO STRICT CRITERIA IN THE AREAS OF FEASIBILITY, IMPACT, READINESS FOR EXECUTION, AND ENVIRONMENTAL FRIENDLINESS.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0473390
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0145000
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0203803
IRS990/PYOtherRevenueAmt0563
IRS990/PYProgramServiceRevenueAmt07821
IRS990/PYRevenuesLessExpensesAmt019449
IRS990/PYSalariesCompEmpBnftPaidAmt0113522
IRS990/PYTotalExpensesAmt0462325
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0481774
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-55677
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt035107
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0776000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0473390
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0335000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0281875
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0364500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02230765
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt035107
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.34670
IRS990ScheduleA/PublicSupportPY170Pct00.39590
IRS990ScheduleA/PublicSupportTotal170Amt0773425
IRS990ScheduleA/SubstantialContributorsTotAmt01457340
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0776000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0473390
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0335000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0281875
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0364500
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02230765
IRS990ScheduleA/TotalSupportAmt02230765
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
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03067
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LOAN PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt03067
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0100000
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt1100000
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt250000
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1EUROPE (INCLUDING ICELAND & GREENLAND)
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt2SUB-SAHARAN AFRICA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0GRANTMAKING
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1GRANTMAKING
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt2GRANTMAKING
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinuationTotalEmployeeCnt00
IRS990ScheduleF/ContinuationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/GrantRecordsMaintainedInd00
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt0100000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt1100000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt250000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0WIRE TRANSFER
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt1WIRE TRANSFER
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt2WIRE TRANSFER
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt00
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt10
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt20
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0IMPLEMENTATION
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt1IMPLEMENTATION
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt2IMPLEMENTATION
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0EUROPE (INCLUDING ICELAND & GREENLAND)
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt1EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt2SUB-SAHARAN AFRICA
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt00
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt0250000
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0OCEAN EXCHANGE BOARD OF GOVERNORS ANNUALLY SELECTS A TOPIC OF CONCERN RELATED TO THE ENTITY'S MISSION. THEY ACCEPT UP TO ONE THOUSAND APPLICANT SUBMISSIONS THAT OFFER A SOLUTION IN ACCORDANCE WITH THE GOVERNOR'S GUIDELINES. TEN FINALISTS ARE SELECTED TO BE SHOWCASED AT THE ANNUAL SOLUTIONS EXCHANGE CONVENTION. SOLUTIONS WILL BE CHOSEN TO RECEIVE THE ANNUAL GRANTS TO ASSIST IN THE IMPLEMENTATION AND OPERATION OF THE CHOSEN SOLUTIONS. THE RECIPIENTS ARE TO DOCUMENT IN WRITING THE EXPENSE AND SUCCESS OF THE GRANT AND REPORT TO SAVANNAH OCEAN EXCHANGE THROUGHOUT THE FOLLOWING YEAR. THESE RESULTS WILL ALSO BE PRESENTED AT FUTURE CONVENTIONS.
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt1REGION EXPENDITURES INVESTMENTS EUROPE (INCLUDING ICELAND & GREENLAND) $ 200,000 $ 0 SUB-SAHARAN AFRICA $ 50,000 $ 0
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0PART III ACCOUNTING METHOD:
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc1PART I, LINE 2
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc2PART I, LINE 3
IRS990ScheduleF/TotalEmployeeCnt00
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalSpentAmt0250000
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt0100000
IRS990ScheduleI/RecipientTable/CashGrantAmt110000
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0OCEAN CONSERVATION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1OCEAN CONSERVATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0VIRGIL GROUP
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1GREENBLUE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01200 18TH ST NW SUITE 700
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1600 E EATER ST SUITE C
IRS990ScheduleI/RecipientTable/USAddress/CityNm0WASHINGTON
IRS990ScheduleI/RecipientTable/USAddress/CityNm1CHARLOTTESVILLE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0DC
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1VA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd020036
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd122902
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0OCEAN EXCHANGE'S BOARD OF GOVERNORS ANNUALLY SELECTS A TOPIC OF CONCERN RELATED TO THE ENTITY'S MISSION. THEY ACCEPT UP TO ONE THOUSAND APPLICANT SUBMISSIONS THAT OFFER A SOLUTION IN ACCORDANCE WITH THE GOVERNOR'S GUIDELINES. TEN FINALISTS ARE SELECTED TO BE SHOWCASED AT THE ANNUAL SOLUTIONS EXCHANGE CONVENTION. SOLUTIONS WILL BE CHOSEN TO RECEIVE THE ANNUAL GRANTS TO ASSIST IN THE IMPLEMENTATION AND OPERATION OF THE CHOSEN SOLUTIONS. THE RECIPIENTS ARE TO DOCUMENT IN WRITING THE EXPENSE AND SUCCESS OF THE GRANT AND REPORT TO SAVANNAH OCEAN EXCHANGE THROUGHOUT THE FOLLOWING YEAR. THESE RESULTS WILL ALSO BE PRESENTED AT FUTURE CONVENTIONS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS REVIEW AND APPROVE THE PREPARED FORM 900 WHICH IS SIGNED BY THE CEO/PRESIDENT AND FILED WITH THE INTERNAL REVENUE SERVICE AND CORRESPONDING STATE AGENCIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL RELATIONSHIPS ARE CONTINUOUSLY MONITORED BY THE BOARD OF DIRECTORS FORCOMPLIANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ENTIRE BOARD OF DIRECTORS APPROVED THE COMPENSATION OF THE TOPMANAGEMENT OFFICIAL AFTER REVIEWING COMPARATIVE SALARY LEVELS AND THEENTITY'S BUDGET. THE REVIEW AND ACCEPTANCE OF THE COMPENSATION WAS NOTEDIN THE BOARD MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0GA
IRS990/SubjectToExcsTaxNetInvstIncInd00

Document Assets

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$70,196
Liabilities
$3,067
Net assets
$67,129
Revenue
$811,877
Expenses
$867,554
Net income
-$55,677
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.91$0.03$0.88$9.61$8.90$0.71
2022Detailed filing. Detailed filing data is available for this year.$0.70$0.03$0.67$8.12$8.68$0.56
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.26$0.03$1.23$4.82$4.62$0.19
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.63$0.49$0.15$2.95$3.46$0.51
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.65$0.00$0.65$3.74$4.24$0.49
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.80$0.00$0.80$4.22$4.21$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.79$0.00$0.79$5.36$5.30$0.06
2014Detailed filing. Detailed filing data is available for this year.$0.73$0.00$0.73$5.11$4.72$0.38
2013Detailed filing. Detailed filing data is available for this year.$0.34$0.00$0.34$5.73$6.39$0.66
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.00$0.00$1.00$4.76
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.05$0.00$0.05$3.63