Civic Intelligence

Global Oceans

990PF • Fiscal year 2023 • EIN 45-4801280

Jan 01, 2023 to Dec 31, 2023 • Filed on Oct 30, 2024

PO Box 455Granby, CT 06035

(847) 334-5028

Siviq Scores

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

Liabilities / Assets

51st percentile

0.07x

Higher debt load relative to assets than 51% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

99th percentile

14.67x

Higher debt load relative to revenue than 99% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

1st percentile

-2810%

Higher net margin than 1% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

12th percentile

-12%

Faster asset growth than 12% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

1st percentile

-85%

Faster revenue growth than 1% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Down

$1,600,065

Down $210,768 (-12%) from 2022

Net Assets

Down

$1,490,043

Down $210,768 (-12%) from 2022

Liabilities

Flat

$110,022

Flat from 2022

Revenue

Down

$7,500

Down $41,000 (-85%) from 2022

Expenses

Down

$218,268

Down $32,675 (-13%) from 2022

Net Income

Down

-$210,768

Down $8,325 (-4.1%) from 2022

Historical Trend

Balance Sheet Trend

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

2023

Assets$1,600,065
Liabilities$110,022
Net Assets$1,490,043

Operations Trend

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

2023

Revenue$7,500
Expenses$218,268
Net Income-$210,768
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 30, 2024
Return Version
2023v5.1
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.

Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JAMES M COSTOPULOSPresidentFT$0--
DONNA M KOCAKDirector-$0--
CHRISTOPHER FRANGIONEDirector-$0--
CHRISTOPHER COYLEDirector-$0--
PATRICK N HALPIN PHDDirector (Left In 2023)-$0--
GREGORY S STONE PHDDirector (Left In 2023)-$0--
Filing and Contact Details

Filer

Filer Name
Global Oceans
EIN
45-4801280
Phone
8473345028
Address
PO BOX 455, GRANBY, CT 06035

Signing Officer

Name
James M Costopulos
Title
President
Phone
8473345028
Signed
2024-10-30
Discuss with paid preparer
Yes

Preparer

Firm
Trimnerbeckham Pllc
Address
1750 TYSONS BLVD SUITE 1500, MCLEAN, VA 22102
Preparer
David Trimner
Phone
7036631756
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm0JAMES M COSTOPULOS
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IRS990PF/PrivateOperatingFoundationsGrp/TotalSupportGrp/TotalAmt00
IRS990PF/PrivateOperatingFoundationsGrp/TwoThirdsMinimumInvstRetGrp/TotalAmt00
IRS990PF/StatementsRegardingActy4720Grp/BrrwOrLendDisqualifiedPrsnInd00
IRS990PF/StatementsRegardingActy4720Grp/BusinessHoldingsInd00
IRS990PF/StatementsRegardingActy4720Grp/FurnGoodsDisqualifiedPrsnInd00
IRS990PF/StatementsRegardingActy4720Grp/GrantsToIndividualsInd00
IRS990PF/StatementsRegardingActy4720Grp/GrantsToOrganizationsInd00
IRS990PF/StatementsRegardingActy4720Grp/InfluenceElectionInd00
IRS990PF/StatementsRegardingActy4720Grp/InfluenceLegislationInd00
IRS990PF/StatementsRegardingActy4720Grp/JeopardyInvestmentsInd00
IRS990PF/StatementsRegardingActy4720Grp/NoncharitablePurposeInd00
IRS990PF/StatementsRegardingActy4720Grp/PayCompDisqualifiedPrsnInd00
IRS990PF/StatementsRegardingActy4720Grp/PaymentToGovernmentOfficialInd00
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IRS990PF/StatementsRegardingActy4720Grp/ProhibitedTaxShelterTransInd00
IRS990PF/StatementsRegardingActy4720Grp/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990PF/StatementsRegardingActy4720Grp/SaleOrExchDisqualifiedPrsnInd00
IRS990PF/StatementsRegardingActy4720Grp/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990PF/StatementsRegardingActy4720Grp/TransferAstDisqualifiedPrsnInd00
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPriorActsInd00
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPYJeopardyInvstInd00
IRS990PF/StatementsRegardingActy4720Grp/UndistributedIncomePYInd00
IRS990PF/StatementsRegardingActyGrp/ActivitiesNotPreviouslyRptInd00
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IRS990PF/StatementsRegardingActyGrp/ChangesToArticlesOrBylawsInd00
IRS990PF/StatementsRegardingActyGrp/ComplyWithPublicInspRqrInd01
IRS990PF/StatementsRegardingActyGrp/DonorAdvisedFundInd00
IRS990PF/StatementsRegardingActyGrp/ForeignAccountsQuestionInd00
IRS990PF/StatementsRegardingActyGrp/Form1120POLFiledInd00
IRS990PF/StatementsRegardingActyGrp/Form990PFFiledWithAttyGenInd01
IRS990PF/StatementsRegardingActyGrp/IndividualWithBooksNm0JAMES M COSTOPULOS
IRS990PF/StatementsRegardingActyGrp/LegislativePoliticalActyInd00
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/AddressLine1Txt0PO BOX 455
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/CityNm0GRANBY
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IRS990PF/StatementsRegardingActyGrp/TaxReimbursedAmt00
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IRS990PF/StatementsRegardingActyGrp/WebsiteAddressTxt0WWW.GLOBAL-OCEANS.ORG
IRS990PF/SummaryOfDirectChrtblActyGrp/Description1Txt0THREE ROBOTIC DEEP SEA VEHICLES OWNED BY GLOBAL OCEANS, RATED FOR OPERATION TO 6,000 METERS, HAVE BEEN REDESIGNED AND WILL BE REBUILT (THE "ROV PROJECT") TO SUPPORT TWO CORE OCEAN MISSIONS: THE GLOBAL SEAMOUNTS PROJECT, AND THE INNERSPACE DEEP SEA INITIATIVE. PRIVATE PHILANTHROPIC FUNDING IS BEING SOUGHT TO SUPPORT THIS PROJECT. GLOBAL OCEANS' THREE CORE PROGRAM MISSIONS ALL REMAIN OPEN AND IN DEVELOPMENT BUT HAD NO FINANCIAL ACTIVITY IN 2023. THESE INCLUDE THE INNERSPACE DEEP SEA SCIENCE INITIATIVE, THE ATMOSPHERIC OCEAN OBSERVATORY, AND THE GLOBAL SEAMOUNTS PROJECT.
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IRS990PF/SumOfProgramRelatedInvstGrp/TotalAmt00
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IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/LoansOrLoanGuaranteesInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd00
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IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1Txt0JAMES W COSTOPULOS
IRS990ScheduleB/ContributorInformationGrp/ContributorNum01
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt013215 HANSWORTH AVENUE
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCd090250
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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt07500
IRS990ScheduleB/GeneralRuleInd0X
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LegalFeesSchedule/LegalFeesGrp/AdjustedNetIncomeAmt00
LegalFeesSchedule/LegalFeesGrp/CategoryTxt0LEGAL EXPENSES
LegalFeesSchedule/LegalFeesGrp/DisbursementsCharitablePrpsAmt0872
LegalFeesSchedule/LegalFeesGrp/LegalFeesAmt0872
LegalFeesSchedule/LegalFeesGrp/NetInvestmentIncomeAmt00
LoansFromOfficersSchedule/LoansFromOfficerGrp/BalanceDueAmt050000
LoansFromOfficersSchedule/LoansFromOfficerGrp/BalanceDueAmt160022
LoansFromOfficersSchedule/LoansFromOfficerGrp/ConsiderationFMVAmt050000
LoansFromOfficersSchedule/LoansFromOfficerGrp/ConsiderationFMVAmt160022
LoansFromOfficersSchedule/LoansFromOfficerGrp/InterestRt00.000000000000
LoansFromOfficersSchedule/LoansFromOfficerGrp/InterestRt10.000000000000
LoansFromOfficersSchedule/LoansFromOfficerGrp/LenderConsiderationDesc0CASH
LoansFromOfficersSchedule/LoansFromOfficerGrp/LenderConsiderationDesc1UNREIMBURSED EXPENSES
LoansFromOfficersSchedule/LoansFromOfficerGrp/LenderPersonNm0JAMES COSTOPULOS
LoansFromOfficersSchedule/LoansFromOfficerGrp/LenderPersonNm1JAMES COSTOPULOS
LoansFromOfficersSchedule/LoansFromOfficerGrp/LoanMaturityDt02024-10
LoansFromOfficersSchedule/LoansFromOfficerGrp/LoanMaturityDt12024-12
LoansFromOfficersSchedule/LoansFromOfficerGrp/LoanOriginalAmt050000
LoansFromOfficersSchedule/LoansFromOfficerGrp/LoanOriginalAmt160022
LoansFromOfficersSchedule/LoansFromOfficerGrp/LoanPurposeTxt0OPERATING EXPENSES
LoansFromOfficersSchedule/LoansFromOfficerGrp/LoanPurposeTxt1UNREIMBURSED EXPENSES
LoansFromOfficersSchedule/LoansFromOfficerGrp/NoteDt02020-10
LoansFromOfficersSchedule/LoansFromOfficerGrp/NoteDt12020-01
LoansFromOfficersSchedule/LoansFromOfficerGrp/RepaymentTermsTxt0PAYMENT IN FULL IS DUE 10/01/2024
LoansFromOfficersSchedule/LoansFromOfficerGrp/RepaymentTermsTxt1PAYMENT IN FULL IS DUE BY 12/31/2024
LoansFromOfficersSchedule/LoansFromOfficerGrp/SecurityProvidedBorrowerTxt0NONE
LoansFromOfficersSchedule/LoansFromOfficerGrp/SecurityProvidedBorrowerTxt1NONE
LoansFromOfficersSchedule/LoansFromOfficerGrp/TitleTxt0PRESIDENT
LoansFromOfficersSchedule/LoansFromOfficerGrp/TitleTxt1PRESIDENT
OtherAssetsSchedule/OtherAssetsScheduleGrp/BOYBookValueAmt01800000
OtherAssetsSchedule/OtherAssetsScheduleGrp/Desc0DEEP SEA RESEARCH INSTRUMENTS, OPERATIONAL SUPPORT EQUIPMENT, & MISC.
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYBookValueAmt01600000
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYFMVAmt01600000
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OtherExpensesSchedule/OtherExpensesScheduleGrp/AdjustedNetIncomeAmt20
OtherExpensesSchedule/OtherExpensesScheduleGrp/AdjustedNetIncomeAmt30
OtherExpensesSchedule/OtherExpensesScheduleGrp/AdjustedNetIncomeAmt40
OtherExpensesSchedule/OtherExpensesScheduleGrp/AdjustedNetIncomeAmt50
OtherExpensesSchedule/OtherExpensesScheduleGrp/AdjustedNetIncomeAmt61000
OtherExpensesSchedule/OtherExpensesScheduleGrp/AdjustedNetIncomeAmt70
OtherExpensesSchedule/OtherExpensesScheduleGrp/AdjustedNetIncomeAmt80
OtherExpensesSchedule/OtherExpensesScheduleGrp/AdjustedNetIncomeAmt90
OtherExpensesSchedule/OtherExpensesScheduleGrp/AdjustedNetIncomeAmt100
OtherExpensesSchedule/OtherExpensesScheduleGrp/AdjustedNetIncomeAmt110
OtherExpensesSchedule/OtherExpensesScheduleGrp/AdjustedNetIncomeAmt120
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0ADVERTISING, MARKETING AND PROMOTION
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc1BANK CHARGES & FEES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc2COMPUTER & SOFTWARE EXPENSE
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc3DELIVERY AND POSTAGE
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc4DUES & SUBSCRIPTIONS
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc5FILING FEES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc6GRAPHIC DESIGN EXPENSE
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc7INSURANCE
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OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc9OFFICE SUPPLIES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc10TELEPHONE
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc11WEBSITE EXPENSE
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc12MISCELLANEOUS EXPENSE
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt0851
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt1650
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt21657
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt3123
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt41154
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt5907
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt60
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt71487
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt8259
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt9125
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt101206
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt111650
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt129
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt00
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt10
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt20
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt30
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt40
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt50
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt60
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt70
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt80
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt90
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt100
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt110
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt120
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt0851
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt1650
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt21657
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt3123
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt41154
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt5907
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt61000
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt71487
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt8259
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt9125
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt101206
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt111650
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt129
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JAMES M COSTOPULOS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08473345028
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-10-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GLOBAL OCEANS
ReturnHeader/Filer/BusinessNameControlTxt0GLOB
ReturnHeader/Filer/EIN0454801280
ReturnHeader/Filer/PhoneNum08473345028
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 455

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