Civic Intelligence

Global Oceans

990EZ • Fiscal year 2019 • EIN 45-4801280

Jan 01, 2019 to Dec 31, 2019 • Filed on Jul 08, 2020

Organization ProfileGLOBAL-OCEANS.ORG
PO Box 21Old Westbury, NY 11568

(847) 334-5028

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

82nd percentile

27%

Higher net margin than 82% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Balance Sheet
Liabilities / Assets57th percentile

Assets

$55,938

No earlier filing loaded for comparison.

Net Assets

$55,938

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin82nd percentile

Revenue

$172,420

No earlier filing loaded for comparison.

Expenses

$125,610

No earlier filing loaded for comparison.

Net Income

$46,810

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$3.0M$2.0M$1.0M$0Assets 2019: $55,938Liabilities 2019: $0Net Assets 2019: $55,9382019Assets 2020: $2,044,525Liabilities 2020: $110,022Net Assets 2020: $1,934,5032020Assets 2021: $2,013,276Liabilities 2021: $110,022Net Assets 2021: $1,903,2542021Assets 2022: $1,810,833Liabilities 2022: $110,022Net Assets 2022: $1,700,8112022Assets 2023: $1,600,065Liabilities 2023: $110,022Net Assets 2023: $1,490,0432023Assets 2024: $1,400,375Liabilities 2024: $115,822Net Assets 2024: $1,284,5532024

Highlighted filing

2019

Assets$55,938
Liabilities$0
Net Assets$55,938
Open 2019 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2019: $172,420Expenses 2019: $125,610Net Income 2019: $46,8102019Revenue 2020: $2,030,000Expenses 2020: $91,413Net Income 2020: $1,938,5872020Revenue 2021: $9,000Expenses 2021: $40,249Net Income 2021: -$31,2492021Revenue 2022: $48,500Expenses 2022: $250,943Net Income 2022: -$202,4432022Revenue 2023: $7,500Expenses 2023: $218,268Net Income 2023: -$210,7682023Revenue 2024: $2,100Expenses 2024: $207,590Net Income 2024: -$205,4902024

Highlighted filing

2019

Revenue$172,420
Expenses$125,610
Net Income$46,810
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jul 8, 2020
Return Version
2019v5.1
Gross Receipts
$172,420
Mission and Program Overview

Mission

Global oceans is designed to adaptively integrate private-sector resources to expand ocean science research capacity on a global scale. Global oceans aims to bring together earth scientists around projects where collaboratively leveraging this capacity will have a transformative impact on understanding and protecting our ocean planet.

Program Services

DescriptionGrantsExpenses
EXPLORATION & RESEARCH ASSETS: ACQUISITION & OPERATIONTHIS PROGRAM FOCUSES ON COLLABORATING WITH COMMERCIAL ENTITIES, UNIVERSITIES, AND RESEARCH INSTITUTIONS TO INVENT AND BUILD, OR TO ACQUIRE AND UPGRADE EXISTING, DEEP-SEA RESEARCH AND EXPLORATION VEHICLES AND SYSTEMS AND TO OPERATE THEM ON BEHALF OF THE OCEAN SCIENCE COMMUNITY. THE VALUE OF SCIENTIFIC ASSETS ACQUIRED AND OPERATED UNDER THIS PROGRAM IS AUGMENTED BY INTEGRATION WITH THE MARV VESSEL PLATFORM MODEL TO MORE READILY AND FREQUENTLY DEPLOY THESE ASSETS GLOBALLY. DURING 2019-2020 UNDER THIS PROGRAM GLOBAL OCEANS CONDUCTED EXTENSIVE R&D, FINANCIAL ANALYSIS, BUDGETING, AND OPERATIONAL DUE DILIGENCE FOR SEVERAL PROPOSED ASSET ACQUISITION PROJECTS INVOLVING DEEP-SEA SUBMERSIBLES, ROVS, AND TOWED SENSOR SYSTEMS. DONOR FUNDING FOR SELECTED PROJECTS IS CURRENTLY BEING DEVELOPED.$0$58,698
DEEP-SEA RESEARCH & EXPLORATIONTHE DEEP-SEA RESEARCH AND EXPLORATION PROGRAM IS COLLABORATING WITH THE SCIENTIFIC COMMUNITY TO EXPLORE OPPORTUNITIES WHERE THE MARV RESEARCH VESSEL MODEL (MODULAR ADAPTIVE RESEARCH VESSELS) CAN READILY FILL INFRASTRUCTURE GAPS AND ENABLE NEW RESEARCH OPPORTUNITIES THAT WILL ACCELERATE CRUCIAL SCIENTIFIC KNOWLEDGE ABOUT THE DEEP SEA AND OCEANIC ECOSYSTEMS, IN THE OPEN OCEAN AND IN REMOTE AND UNDERSTUDIED REGIONS.UNDER THIS PROGRAM, THE GLOBAL SEAMOUNTS PROJECT IS A MAJOR 5-YEAR INTERNATIONAL, MULTIDISCIPLINARY INITIATIVE TO EXPLORE AND MODEL ONE OF THE WORLD'S LARGEST, MOST PRODUCTIVE, AND LEAST UNDERSTOOD BIOMES: DEEP-SEA OCEANIC SEAMOUNTS. A SECOND PROJECT IN DEVELOPMENT IS THE PALAU 2021 EXPEDITION, A 60-DAY MARV EXPEDITION TO THE REPUBLIC OF PALAU THAT WILL EXPLORE FIVE DEEP-SEA SEAMOUNT AND RIDGE SYSTEMS TO 4000 METERS WITH A NEW, INNOVATIVE HYBRID ROV SYSTEM IN DEVELOPMENT BY GLOBAL OCEANS AND OCEANEERING, INC. THE EXPEDITION WILL SURVEY AND CONDUCT A GENETIC ANALYSIS OF DEEP-SEA COLD-WATER CORALS AND WILL CONTRIBUTE CTD MEASUREMENTS TOWARD PALAU'S WORK IN ESTABLISHING A LARGE-SCALE MARINE PROTECTED AREA WITHIN PALAU'S EXCLUSIVE ECONOMIC ZONE (EEZ).$0$22,244
EXPANDING ATMOSPHERIC RESEARCH CAPACITYA PARTNERSHIP BETWEEN GLOBAL OCEANS AND ARGONNE NATIONAL LABORATORIES IN CHICAGO, ILLINOIS, WILL DEVELOP, PRIVATELY FUND, BUILD AND JOINTLY OPERATE A NEW MODULAR FACILITY CALLED THE ATMOSPHERIC INSTRUMENTATION SUITE (AIS) THAT WILL EXPAND CAPACITY TO GENERATE ATMOSPHERIC DATA ON CLOUD PHYSICS AND OTHER PARAMETERS OVER THE WORLD'S OCEANS, FOCUSING ON DEPLOYMENT IN THE ARCTIC OCEAN AND EQUATORIAL INDO-PACIFIC REGIONS. THE NEW FACILITY WILL IMPROVE MUCH NEEDED DATA COLLECTION FOR CLIMATE MODELING AND FOR MODELING ASIAN MONSOONS. AN INTERNATIONAL SCIENTIFIC ADVISORY COUNCIL HAS BEEN ASSEMBLED TO ADVISE ON SCIENTIFIC PRIORITIES FOR THE PROGRAM.$0$4,513
BUILDING REGIONAL COLLABORATIVESA SIGNIFICANT BENEFIT PROVIDED TO THE INTERNATIONAL OCEAN SCIENCE COMMUNITY BY THE MARV VESSEL STRATEGY IS OUR ABILITY TO MOBILIZE PROJECT-ADAPTED GLOBAL-CLASS RESEARCH VESSELS ON DEMAND, WHEN AND WHERE THEY ARE NEEDED. THE MARV APPROACH ENABLES OPPORTUNITIES TO INCREASE INTERNATIONAL COLLABORATION, JOINT PROJECT FUNDING, AND COST SHARING OF OPEN OCEAN RESEARCH VESSELS THAT WOULD OTHERWISE BE DIFFICULT OR IMPOSSIBLE WITH GOVERNMENT-OWNED RESEARCH VESSELS. GLOBAL OCEANS IS DEVELOPING INSTITUTIONAL AND GOVERNMENTAL COLLABORATIVES OF SCIENTIFIC USER COMMUNITIES WORLD-WIDE TO ENABLE THIS CAPACITY, INCLUDING AN INDO-PACIFIC COLLABORATIVE AND THE ARCTIC BASELINES INITIATIVE.$0$1,968
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JIM M COSTOPULOSPresidentFT$0--
GEORGE P HICKEYSecretary-$0--
DAWN J WRIGHT PHDDirector-$0--
PATRICK N HALPIN PHDDirector-$0--
SYLVIA A EARLE PHDDirector-$0--
GREGORY S STONE PHDDirector-$0--
JENNIFER E TELESCA PHDDirector-$0--
Filing and Contact Details

Filer

Filer Name
Global Oceans
EIN
45-4801280
Phone
8473345028
Address
PO BOX 21, OLD WESTBURY, NY 11568

Signing Officer

Name
Jim Costopulos
Title
President
Phone
8473345028
Signed
2020-07-08
Discuss with paid preparer
Yes

Preparer

Firm
Nussbaum Berg Klein & Wolpow Cpas Llp
Address
445 BROADHOLLOW RD STE 319, MELVILLE, NY 11747
Preparer
Christopher Dilorenzo
Phone
6318455252
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: information technology. Amount: 3,813. Description: local travel. Amount: 2,924. Description: conferences and program development. Amount: 21,494. Description: dues & subscriptions. Amount: 445. Description: program marketing. Amount: 10,331. Total to form 990-ez, line 16: 39,007.”

990-ez Line 13

“Professional fees are comprised of the following: legal $19,166; consulting - financial $22,714; consulting - program expenses $34,956 and other $2,638”

Raw XML Appendix184 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JIM M COSTOPULOS PRESIDENT
IRS990EZ/BooksInCareOfDetail/PhoneNum08473345028
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt060 POST ROAD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0OLD WESTBURY
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd011568
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt09128
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt055938
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt0172420
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt046810
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt079474
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt09128
IRS990EZ/Form990TotalAssetsGrp/EOYAmt055938
IRS990EZ/GrossReceiptsAmt0172420
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt09128
IRS990EZ/NetAssetsOrFundBalancesEOYAmt055938
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt09128
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt055938
IRS990EZ/OccupancyRentUtltsAndMaintAmt01348
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt61.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JIM M COSTOPULOS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1GEORGE P HICKEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DAWN J WRIGHT PHD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3PATRICK N HALPIN PHD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4SYLVIA A EARLE PHD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5GREGORY S STONE PHD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6JENNIFER E TELESCA PHD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt039007
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0GLOBAL OCEANS IS DESIGNED TO ADAPTIVELY INTEGRATE PRIVATE-SECTOR RESOURCES TO EXPAND OCEAN SCIENCE RESEARCH CAPACITY ON A GLOBAL SCALE. GLOBAL OCEANS AIMS TO BRING TOGETHER EARTH SCIENTISTS AROUND PROJECTS WHERE COLLABORATIVELY LEVERAGING THIS CAPACITY WILL HAVE A TRANSFORMATIVE IMPACT ON UNDERSTANDING AND PROTECTING OUR OCEAN PLANET.
IRS990EZ/PrintingPublicationsPostageAmt05781
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0DEEP-SEA RESEARCH & EXPLORATIONTHE DEEP-SEA RESEARCH AND EXPLORATION PROGRAM IS COLLABORATING WITH THE SCIENTIFIC COMMUNITY TO EXPLORE OPPORTUNITIES WHERE THE MARV RESEARCH VESSEL MODEL (MODULAR ADAPTIVE RESEARCH VESSELS) CAN READILY FILL INFRASTRUCTURE GAPS AND ENABLE NEW RESEARCH OPPORTUNITIES THAT WILL ACCELERATE CRUCIAL SCIENTIFIC KNOWLEDGE ABOUT THE DEEP SEA AND OCEANIC ECOSYSTEMS, IN THE OPEN OCEAN AND IN REMOTE AND UNDERSTUDIED REGIONS.UNDER THIS PROGRAM, THE GLOBAL SEAMOUNTS PROJECT IS A MAJOR 5-YEAR INTERNATIONAL, MULTIDISCIPLINARY INITIATIVE TO EXPLORE AND MODEL ONE OF THE WORLD'S LARGEST, MOST PRODUCTIVE, AND LEAST UNDERSTOOD BIOMES: DEEP-SEA OCEANIC SEAMOUNTS. A SECOND PROJECT IN DEVELOPMENT IS THE PALAU 2021 EXPEDITION, A 60-DAY MARV EXPEDITION TO THE REPUBLIC OF PALAU THAT WILL EXPLORE FIVE DEEP-SEA SEAMOUNT AND RIDGE SYSTEMS TO 4000 METERS WITH A NEW, INNOVATIVE HYBRID ROV SYSTEM IN DEVELOPMENT BY GLOBAL OCEANS AND OCEANEERING, INC. THE EXPEDITION WILL SURVEY AND CONDUCT A GENETIC ANALYSIS OF DEEP-SEA COLD-WATER CORALS AND WILL CONTRIBUTE CTD MEASUREMENTS TOWARD PALAU'S WORK IN ESTABLISHING A LARGE-SCALE MARINE PROTECTED AREA WITHIN PALAU'S EXCLUSIVE ECONOMIC ZONE (EEZ).
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1EXPANDING ATMOSPHERIC RESEARCH CAPACITYA PARTNERSHIP BETWEEN GLOBAL OCEANS AND ARGONNE NATIONAL LABORATORIES IN CHICAGO, ILLINOIS, WILL DEVELOP, PRIVATELY FUND, BUILD AND JOINTLY OPERATE A NEW MODULAR FACILITY CALLED THE ATMOSPHERIC INSTRUMENTATION SUITE (AIS) THAT WILL EXPAND CAPACITY TO GENERATE ATMOSPHERIC DATA ON CLOUD PHYSICS AND OTHER PARAMETERS OVER THE WORLD'S OCEANS, FOCUSING ON DEPLOYMENT IN THE ARCTIC OCEAN AND EQUATORIAL INDO-PACIFIC REGIONS. THE NEW FACILITY WILL IMPROVE MUCH NEEDED DATA COLLECTION FOR CLIMATE MODELING AND FOR MODELING ASIAN MONSOONS. AN INTERNATIONAL SCIENTIFIC ADVISORY COUNCIL HAS BEEN ASSEMBLED TO ADVISE ON SCIENTIFIC PRIORITIES FOR THE PROGRAM.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2BUILDING REGIONAL COLLABORATIVESA SIGNIFICANT BENEFIT PROVIDED TO THE INTERNATIONAL OCEAN SCIENCE COMMUNITY BY THE MARV VESSEL STRATEGY IS OUR ABILITY TO MOBILIZE PROJECT-ADAPTED GLOBAL-CLASS RESEARCH VESSELS ON DEMAND, WHEN AND WHERE THEY ARE NEEDED. THE MARV APPROACH ENABLES OPPORTUNITIES TO INCREASE INTERNATIONAL COLLABORATION, JOINT PROJECT FUNDING, AND COST SHARING OF OPEN OCEAN RESEARCH VESSELS THAT WOULD OTHERWISE BE DIFFICULT OR IMPOSSIBLE WITH GOVERNMENT-OWNED RESEARCH VESSELS. GLOBAL OCEANS IS DEVELOPING INSTITUTIONAL AND GOVERNMENTAL COLLABORATIVES OF SCIENTIFIC USER COMMUNITIES WORLD-WIDE TO ENABLE THIS CAPACITY, INCLUDING AN INDO-PACIFIC COLLABORATIVE AND THE ARCTIC BASELINES INITIATIVE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt3EXPLORATION & RESEARCH ASSETS: ACQUISITION & OPERATIONTHIS PROGRAM FOCUSES ON COLLABORATING WITH COMMERCIAL ENTITIES, UNIVERSITIES, AND RESEARCH INSTITUTIONS TO INVENT AND BUILD, OR TO ACQUIRE AND UPGRADE EXISTING, DEEP-SEA RESEARCH AND EXPLORATION VEHICLES AND SYSTEMS AND TO OPERATE THEM ON BEHALF OF THE OCEAN SCIENCE COMMUNITY. THE VALUE OF SCIENTIFIC ASSETS ACQUIRED AND OPERATED UNDER THIS PROGRAM IS AUGMENTED BY INTEGRATION WITH THE MARV VESSEL PLATFORM MODEL TO MORE READILY AND FREQUENTLY DEPLOY THESE ASSETS GLOBALLY. DURING 2019-2020 UNDER THIS PROGRAM GLOBAL OCEANS CONDUCTED EXTENSIVE R&D, FINANCIAL ANALYSIS, BUDGETING, AND OPERATIONAL DUE DILIGENCE FOR SEVERAL PROPOSED ASSET ACQUISITION PROJECTS INVOLVING DEEP-SEA SUBMERSIBLES, ROVS, AND TOWED SENSOR SYSTEMS. DONOR FUNDING FOR SELECTED PROJECTS IS CURRENTLY BEING DEVELOPED.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt20
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt30
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt022244
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt14513
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt21968
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt358698
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0125610
IRS990EZ/TotalProgramServiceExpensesAmt087423
IRS990EZ/TotalRevenueAmt0172420
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0GLOBAL-OCEANS.ORG
IRS990ScheduleA/FactsAndCircumstancesTestTxt0DURING THE YEAR ENDED DECEMBER 2019, GLOBAL OCEANS HAD ONE SIGNIFICANT DONOR WHOSE CONTRIBUTIONS, THOUGH NOT AN UNUSUAL GRANT, DID SKEW THE PUBLIC SUPPORT PERCENTAGE BELOW THE 33 1/3%. THE DONATIONS WERE ALLOCATED TO PROGRAM DEVELOPMENT AND TO FUND RESEARCH ON THE VIABILITY OF ACQUIRING SCIENTIFIC ASSETS THAT WOULD ASSIST GLOBAL OCEANS NOT-FOR-PROFIT MISSION. GLOBAL OCEANS IS EXPECTING TO DIVERSIFY THEIR CONTRIBUTIONS IN 2020.
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0172420
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt020460
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt011500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt05580
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt019000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0228960
IRS990ScheduleA/InvestmentIncomePYPct01.00000
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.28690
IRS990ScheduleA/PublicSupportTotal170Amt065698
IRS990ScheduleA/SubstantialContributorsTotAmt0163262
IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0172420
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt020460
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt011500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt05580
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt019000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0228960
IRS990ScheduleA/TotalSupportAmt0228960
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/ExplanationTxt0DESCRIPTION: INFORMATION TECHNOLOGY. AMOUNT: 3,813. DESCRIPTION: LOCAL TRAVEL. AMOUNT: 2,924. DESCRIPTION: CONFERENCES AND PROGRAM DEVELOPMENT. AMOUNT: 21,494. DESCRIPTION: DUES & SUBSCRIPTIONS. AMOUNT: 445. DESCRIPTION: PROGRAM MARKETING. AMOUNT: 10,331. TOTAL TO FORM 990-EZ, LINE 16: 39,007.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PROFESSIONAL FEES ARE COMPRISED OF THE FOLLOWING: LEGAL $19,166; CONSULTING - FINANCIAL $22,714; CONSULTING - PROGRAM EXPENSES $34,956 AND OTHER $2,638
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1990-EZ LINE 13
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JIM COSTOPULOS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08473345028
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-07-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GLOBAL OCEANS
ReturnHeader/Filer/BusinessNameControlTxt0GLOB
ReturnHeader/Filer/EIN0454801280
ReturnHeader/Filer/PhoneNum08473345028
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 21
ReturnHeader/Filer/USAddress/CityNm0OLD WESTBURY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011568
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId07E89388606EFB42FA3030E996B7EB00D1EE4A31B
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId04F1439F3524E98922A0016D6454CFF1AD5F212BC
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt096.239.64.74
ReturnHeader/FilingSecurityInformation/IPDt02020-07-08
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm013:45:37
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0260221653
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0NUSSBAUM BERG KLEIN & WOLPOW CPAS LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0445 BROADHOLLOW RD STE 319
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MELVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011747
ReturnHeader/PreparerPersonGrp/PhoneNum06318455252
ReturnHeader/PreparerPersonGrp/PreparationDt02020-07-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHRISTOPHER DILORENZO
ReturnHeader/ReturnTs02020-07-10T02:33:43-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$55,938
Liabilities
$0
Net assets
$55,938
Revenue
$172,420
Expenses
$125,610
Net income
$46,810
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.40$0.12$1.28$0.00$0.21$0.21
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.60$0.11$1.49$0.01$0.22$0.21
2022Detailed filing. Detailed filing data is available for this year.$1.81$0.11$1.70$0.05$0.25$0.20
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.01$0.11$1.90$0.01$0.04$0.03
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.04$0.11$1.93$2.03$0.09$1.94
2019Detailed filing. Detailed filing data is available for this year.$0.06$0.00$0.06$0.17$0.13$0.05