Civic Intelligence

Marine Applied Research and Exploration

EIN 31-1821639 • 501(c)3 • Tiburon, CA

Profile

Marine Applied Research & Exploration (MARE) provides technology and offshore operations expertise needed to see and work in deepwater marine environment - those beyond the reach of most divers. MARE collaborates with scientists, resource managers and environmental groups.

Refreshing map…

3150 Paradise Drive 101Tiburon, CA 94920

www.maregroup.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

92nd percentile

0.92x

Higher debt load relative to assets than 92% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

76th percentile

0.35x

Higher debt load relative to revenue than 76% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

48th percentile

3.7%

Higher net margin than 48% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

82nd percentile

$150,000

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 9.1% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

94th percentile

88%

Faster asset growth than 94% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

88th percentile

73%

Faster revenue growth than 88% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Up

$632,056

Up $295,250 (+88%) from 2024

Liabilities

Up

$581,605

Up $233,842 (+67%) from 2024

Net Assets

Up

$50,451

Up $61,408 (+560%) from 2024

Revenue

Up

$1,657,451

Up $698,104 (+73%) from 2024

Expenses

Down

$1,596,043

Down $154,496 (-8.8%) from 2024

Net Income

Up

$61,408

Up $852,600 (+108%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0-$500KAssets 2017: $974,981Liabilities 2017: $135,204Net Assets 2017: $839,7772017Assets 2018: $665,932Liabilities 2018: $109,215Net Assets 2018: $556,7172018Assets 2019: $704,283Liabilities 2019: $114,585Net Assets 2019: $589,6982019Assets 2020: $1,017,546Liabilities 2020: $472,951Net Assets 2020: $544,5952020Assets 2021: $1,137,478Liabilities 2021: $485,819Net Assets 2021: $651,6592021Assets 2022: $1,174,372Liabilities 2022: $371,548Net Assets 2022: $802,8242022Assets 2024: $336,806Liabilities 2024: $347,763Net Assets 2024: -$10,9572024Assets 2025: $632,056Liabilities 2025: $581,605Net Assets 2025: $50,4512025

Highlighted filing

2025

Assets$632,056
Liabilities$581,605
Net Assets$50,451

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.0M$0-$1.0MRevenue 2017: $1,281,673Expenses 2017: $1,292,138Net Income 2017: -$10,4652017Revenue 2018: $750,338Expenses 2018: $1,033,398Net Income 2018: -$283,0602018Revenue 2019: $1,089,340Expenses 2019: $1,056,359Net Income 2019: $32,9812019Revenue 2020: $1,280,140Expenses 2020: $1,325,243Net Income 2020: -$45,1032020Revenue 2021: $1,582,492Expenses 2021: $1,475,428Net Income 2021: $107,0642021Revenue 2022: $1,698,520Expenses 2022: $1,633,861Net Income 2022: $64,6592022Revenue 2024: $959,347Expenses 2024: $1,750,539Net Income 2024: -$791,1922024Revenue 2025: $1,657,451Expenses 2025: $1,596,043Net Income 2025: $61,4082025

Highlighted filing

2025

Revenue$1,657,451
Expenses$1,596,043
Net Income$61,408

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Dec 19, 2025
Return Version
2024v5.2
Gross Receipts
$1,657,451
Mission and Program Overview

Mission

Marine Applied Research & Exploration (MARE) provides technology and offshore operations expertise needed to see and work in deepwater marine environment - those beyond the reach of most divers. MARE collaborates with scientists, resource managers and environmental groups.

Marine Applied Research & Exploration (MARE) provides technology and offshore operations expertise needed to see and work in deepwater marine environments - those beyond the reach of most divers. MARE collaborates with scientists, resource managers, and environmental groups.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$304,352$438,033▲ $133,681
Accounts Receivable$2,701$157,734▲ $155,033
Loans From Officers Directors$70,000$79,970▲ $9,970
Cash and Non-Interest-Bearing Accounts$17,882$27,942▲ $10,060
Prepaid Expenses and Deferred Charges$10,888$7,341▼ $3,547
Savings and Temporary Cash Investments$983$1,006▲ $23
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$336,806$632,056▲ $295,250
Other Assets Total-$0-
Liabilities
Unsecured Notes Loans Payable$97,592$397,762▲ $300,170
Accounts Payable and Accrued Expenses$98,170$89,672▼ $8,498
Other Liabilities$82,001$14,201▼ $67,800
Total Liabilities$347,763$581,605▲ $233,842
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-10,957$50,451▲ $61,408
Total Net Assets Fund Balance$-10,957$50,451▲ $61,408
Total Liabilities and Net Assets / Fund Balance$336,806$632,056▲ $295,250

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$438,033$950,301$1,388,334
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Dirk RosenPast PresidentFT$150,000$150,000
Andrew LauremannScience DirectorFT$132,211$132,211

Board Members and Trustees

NameTitle
Larissa PommeraudChairman
Jon GlassmanPast Chairman
Gabriella LevineVice Chairman
Adeline CheamDirector
Erin O'TooleDirector
Mark GordonDirector
Mats NilssonDirector
Tom HouriganDirector
Vilas RaoSecretary
Patrick DonovanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$740,403
Program Service Revenue
$914,805
Investment Income
$2,243
Other Revenue
$0
All Other Contributions
$740,403
Change in Net Assets
$61,408

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$141,370Comparable Sales
Total Noncash Contributions1$141,370-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$947,125
Other Expenses$648,918
Total Fundraising Expense$55,933
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$144,468$328,774$22,815$496,057
Current Officers, Directors, Trustees, and Key Employees$132,211$150,000-$282,211
Depreciation Depletion$92,748--$92,748
Insurance$4,129$77,629-$81,758
Occupancy$32,766$48,584-$81,350
Other Employee Benefits$31,809$38,204$1,186$71,199
Fees for Services Other$61,294$4,403-$65,697
Travel$50,736$1,087$1,722$53,545
Payroll Taxes$22,115$25,715$1,826$49,656
Pension Plan Contributions$8,774$38,232$996$48,002
Interest-$35,913-$35,913
Office Expenses-$18,126-$18,126
Other Expenses$22,128-$17,790$17,790
All Other Expenses$8,893$2,560$2,228$13,681
Fees for Services Accounting-$12,830-$12,830
Information Technology$1,558$3,657$2,534$7,749
Fees for Services Management-$4,410$1,800$6,210
Advertising$64-$3,036$3,100
Total Functional Expenses$749,986$790,124$55,933$1,596,043
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$70,000$79,970▲ $9,970
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Taxes Payable$10,795
401k Payable$3,406
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
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
No
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

No review was or will be conducted.

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Marine Applied Research and Exploration
EIN
31-1821639
Phone
4156926693
Address
3150 PARADISE DRIVE 101, TIBURON, CA 94920

Signing Officer

Name
Larissa Pommeraud
Title
Chairman
Signed
2025-12-19
Discuss with paid preparer
Yes

Organization Details

Formed
2003
Legal Domicile
CA
Voting Board Members
11
Independent Board Members
9
Employees
15

Preparer

Firm
Celeste W Moye CPA
Address
255 Karen Way, Tiburon, CA 94920
Preparer
Celeste Moye
Phone
4156720559
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