Civic Intelligence

Rock the Ocean Foundation

990 • Fiscal year 2016 • EIN 46-1317742

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 15, 2017

PO Box 331847Nashville, TN 37203

(615) 832-6344

Siviq Scores

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

Liabilities / Assets

66th percentile

0.02x

Higher debt load relative to assets than 66% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

59th percentile

0.00x

Higher debt load relative to revenue than 59% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

26th percentile

-8.0%

Higher net margin than 26% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

93rd percentile

$52,000

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 30.7% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

15th percentile

-30%

Faster asset growth than 15% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

11th percentile

-44%

Faster revenue growth than 11% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$32,991

Down $13,868 (-30%) from 2015

Net Assets

Down

$32,331

Down $13,461 (-29%) from 2015

Liabilities

Down

$660

Down $407 (-38%) from 2015

Revenue

Down

$169,278

Down $134,437 (-44%) from 2015

Expenses

Down

$182,739

Down $81,090 (-31%) from 2015

Net Income

Down

-$13,461

Down $53,347 (-134%) from 2015

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0-$200KAssets 2013: $1,347Net Assets 2013: $1,3472013Assets 2014: $5,906Net Assets 2014: $5,9062014Assets 2015: $46,859Liabilities 2015: $1,067Net Assets 2015: $45,7922015Assets 2016: $32,991Liabilities 2016: $660Net Assets 2016: $32,3312016Assets 2017: $12,389Liabilities 2017: $1,276Net Assets 2017: $11,1132017Assets 2018: $86,026Liabilities 2018: $84,783Net Assets 2018: $1,2432018Assets 2019: $33,525Liabilities 2019: $0Net Assets 2019: $33,5252019Assets 2020: $1,105Liabilities 2020: $67,793Net Assets 2020: -$66,6882020Assets 2021: $283,754Liabilities 2021: $119Net Assets 2021: $283,6352021Assets 2022: $441,161Liabilities 2022: $113Net Assets 2022: $441,0482022Assets 2023: $580,087Liabilities 2023: $422Net Assets 2023: $579,6652023Assets 2024: $431,397Liabilities 2024: $451Net Assets 2024: $430,9462024

Highlighted filing

2016

Assets$32,991
Liabilities$660
Net Assets$32,331

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2013: $116,346Expenses 2013: $114,471Net Income 2013: $1,8752013Revenue 2014: $118,620Expenses 2014: $114,061Net Income 2014: $4,5592014Revenue 2015: $303,715Expenses 2015: $263,829Net Income 2015: $39,8862015Revenue 2016: $169,278Expenses 2016: $182,739Net Income 2016: -$13,4612016Revenue 2017: $182,215Expenses 2017: $203,433Net Income 2017: -$21,2182017Revenue 2018: $197,932Expenses 2018: $207,802Net Income 2018: -$9,8702018Revenue 2019: $460,948Expenses 2019: $428,666Net Income 2019: $32,2822019Revenue 2020: -$10,722Expenses 2020: $89,491Net Income 2020: -$100,2132020Revenue 2021: $401,846Expenses 2021: $51,523Net Income 2021: $350,3232021Revenue 2022: $796,243Expenses 2022: $638,830Net Income 2022: $157,4132022Revenue 2023: $845,785Expenses 2023: $707,168Net Income 2023: $138,6172023Revenue 2024: $507,888Expenses 2024: $656,607Net Income 2024: -$148,7192024

Highlighted filing

2016

Revenue$169,278
Expenses$182,739
Net Income-$13,461
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 15, 2017
Return Version
2016v3.0
Gross Receipts
$268,498
Mission and Program Overview

Mission

Increase public awareness about the issues impacting the world's oceans and to support scientific research, education and ocean conservation initiatives through benefit concerts and entertainment industry events.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$45,654$32,483▼ $13,171
Rtn Earn Endowment Incm Other Fnds$45,792$32,331▼ $13,461
Land, Buildings, and Equipment, Net$847$508▼ $339
Receivables From Officers Etc$358$0▼ $358
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$46,859$32,991▼ $13,868
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$1,067$660▼ $407
Total Liabilities$1,067$660▼ $407
Net Assets / Fund Balance
Total Net Assets Fund Balance$45,792$32,331▼ $13,461
Total Liabilities and Net Assets / Fund Balance$46,859$32,991▼ $13,868

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$508$978$1,486
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Tara WilsonVice PresidentFT$52,000$52,000

Board Members and Trustees

NameTitle
Chris StaceyPresident
Rosemary MannSecretary
Kris WiatrTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$33,879
Program Service Revenue
$50,000
Investment Income
$0
Other Revenue
$85,399
All Other Contributions
$33,879
Change in Net Assets
$-13,461

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$32,492Fair Market Value
Total Noncash Contributions1$32,492-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$82,050
Salaries, Compensation, and Employee Benefits$55,978
Other Expenses$44,711
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$82,050--$82,050
Current Officers, Directors, Trustees, and Key Employees-$52,000-$52,000
Travel$1,273$9,179-$10,452
Fees for Services Other-$6,100-$6,100
Payroll Taxes-$3,978-$3,978
All Other Expenses$104$3,298-$3,402
Other Expenses$948$2,337-$3,285
Fees for Services Accounting-$3,000-$3,000
Advertising-$1,648-$1,648
Office Expenses$670$918-$1,588
Insurance$1,352--$1,352
Depreciation Depletion-$339-$339
Fees for Services Management-$120-$120
Total Functional Expenses$86,645$96,094$0$182,739
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Nova Southeastern UniversityDania Beach, FL--$18,000
Sea Turle Oversight ProtectioFt Lauderdale, FL--$12,550
Bimini Biological Field StatiMiami, FL--$7,500
University of MiamiMiami, FL--$7,500
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$107,993
Fundraising Direct Expenses$48,483
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Tortuga Music Festival Silent Auction$107,993$107,993$48,483$59,510
Total Events$107,993$107,993$48,483$59,510
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
Receivables from Officers, Directors, Trustees, and Key Employees$358$0▼ $358
Receivables from Disqualified Persons-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
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
Yes
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, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

Kris Wiatr and his company Wiatr and Associates are the business manager for Chris Stacey and his business entities.

Form 990, Part VI, Line 11B: Form 990 Review Process

Certified Professional Accountant (CPA) reviews prepared Form 990 and finalizes the tax return. Form 990 is then sent to all officers for their review. Upon their approval, Form 990 is filed.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

Meeting between 3 original officers to determine pay rate that was competitive and in line with other organizations as well as a wage that was reflective of Tara's experience in the private sector.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

All governing documents, policies, and tax returns are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Rock The Ocean Foundation
EIN
46-1317742
Phone
6158326344
Address
PO Box 331847, Nashville, TN 37203

Signing Officer

Name
Chris Stacey
Title
President
Signed
2017-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chris Stacey
Formed
2012
Legal Domicile
Fl
Voting Board Members
3
Independent Board Members
0
Employees
1

Preparer

Firm
Wiatr & Associates LLC
Address
1212 8th Ave S Ste 102, NASHVILLE, TN 37203
Preparer
Valerie Shelton Burke CPA
Phone
6158326344
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0154291
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt050923
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt045922
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0344525
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0115
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0115
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt0272315
IRS990ScheduleA/SubstantialContributorsTotAmt072210
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt093389
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0154291
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt050923
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt045922
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0344525
IRS990ScheduleA/TotalSupportAmt0344640
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt0508
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0978
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01486
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0508
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt048483
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Tortuga Music Festival Silent Auction
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0107993
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0107993
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0107993
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0107993
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt059510
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt048483
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt048483
IRS990ScheduleG/LicensedStatesCd0FL
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990ScheduleG/SupplementalInformationDetail/ExplanationTxt0Silent auction during Tortuga Music Festival at the Convservation Village.
IRS990ScheduleG/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2b - Fundraiser Additional Information
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt07500
IRS990ScheduleI/RecipientTable/CashGrantAmt118000
IRS990ScheduleI/RecipientTable/CashGrantAmt212550
IRS990ScheduleI/RecipientTable/CashGrantAmt37500
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt20
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt30
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Bimini Biological Field Stati
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1Nova Southeastern University
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2Sea Turle Oversight Protectio
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3University of Miami
IRS990ScheduleI/RecipientTable/RecipientEIN0453573540
IRS990ScheduleI/RecipientTable/RecipientEIN1591083502
IRS990ScheduleI/RecipientTable/RecipientEIN2900609123
IRS990ScheduleI/RecipientTable/RecipientEIN3590624458
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt09300 SW 99th Street
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt18000 North Ocean Drive
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt23104 NE 9th Ave Ste A
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt34600 Rickenbacker Cswy
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Miami
IRS990ScheduleI/RecipientTable/USAddress/CityNm1Dania Beach
IRS990ScheduleI/RecipientTable/USAddress/CityNm2Ft Lauderdale
IRS990ScheduleI/RecipientTable/USAddress/CityNm3Miami
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0FL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1FL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2FL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3FL
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd033176
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd133004
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd233304
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd333149
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Organizations are required to specify use of funds during the grant application process.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Grantmaker's Description of How Grants are Used
IRS990ScheduleI/Total501c3OrgCnt02
IRS990ScheduleI/TotalOtherOrgCnt02
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt01
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0Silent Auction Items
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0Fair Market Value
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt032492
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Kris Wiatr and his company Wiatr and Associates are the business manager for Chris Stacey and his business entities.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Certified Professional Accountant (CPA) reviews prepared Form 990 and finalizes the tax return. Form 990 is then sent to all officers for their review. Upon their approval, Form 990 is filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Meeting between 3 original officers to determine pay rate that was competitive and in line with other organizations as well as a wage that was reflective of Tara's experience in the private sector.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3All governing documents, policies, and tax returns are available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0FL
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt046859
IRS990/TotalAssetsEOYAmt032991
IRS990/TotalAssetsGrp/BOYAmt046859
IRS990/TotalAssetsGrp/EOYAmt032991
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt033879
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt096094
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt086645
IRS990/TotalFunctionalExpensesGrp/TotalAmt0182739
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01067

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.31$0.00$4.31$5.08$6.57$1.49
2023Summary only. Only limited summary data is available for this year.$5.80$0.00$5.80$8.46$7.07$1.39
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.41$0.00$4.41$7.96$6.39$1.57
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.84$0.00$2.84$4.02$0.52$3.50
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.01$0.68$0.67$0.11$0.89$1.00
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.34$0.00$0.34$4.61$4.29$0.32
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.86$0.85$0.01$1.98$2.08$0.10
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.12$0.01$0.11$1.82$2.03$0.21
2016Detailed filing. Detailed filing data is available for this year.$0.33$0.01$0.32$1.69$1.83$0.13
2015Summary only. Only limited summary data is available for this year.$0.47$0.01$0.46$3.04$2.64$0.40
2014Detailed filing. Detailed filing data is available for this year.$0.06$0.06$1.19$1.14$0.05
2013Detailed filing. Detailed filing data is available for this year.$0.01$0.01$1.16$1.14$0.02