Liabilities / Assets
99th percentile
Higher debt load relative to assets than 99% of similar nonprofits.
Offshore Service Vessel Dynamic
EIN 46-5075710 • 501(c)6 • New Orleans, LA
Profile
The mission is to establish standards for the dynamic positioning of offshore service vessels, with particular reference to the offshore oil and gas industry, to update the standards from time to time to reflect the requirements of public safety and the protection of the environment, property, and persons, to establish standards for testing and a training curriculum to prepare personnel and companies in the offshore industry to comply with the standards in the performance of their employment duties, to publish the standards and certification requirements and all updates of the standards and certification requirements, to grant licenses to institutions of learning, such as colleges, technical schools and other similar entities that host academic and functional training activities pursuant to which the training partners may make available training programs that meet the certification requirements and which train participants to implement the standards, to issue and to renew certificates.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
8.22x
Liabilities / Revenue
100th percentile
Higher debt load relative to revenue than 100% of similar nonprofits.
Net Margin
44th percentile
Higher net margin than 44% of similar nonprofits.
Top Officer Pay
80th percentile
Higher top officer pay than 80% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
60th percentile
Faster asset growth than 60% of similar nonprofits.
Revenue Growth
92nd percentile
Faster revenue growth than 92% of similar nonprofits.
Balance Sheet
Assets
Up$74,877
Up $2,657 (+3.7%) from 2023
Liabilities
Up$615,152
Up $4,000 (+0.7%) from 2023
Net Assets
Down-$540,275
Down $1,343 (-0.2%) from 2023
Revenue
Up$65,527
Up $26,397 (+67%) from 2023
Expenses
Up$66,870
Up $54,956 (+461%) from 2023
Net Income
Down-$1,343
Down $28,559 (-105%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $74,877
- Liabilities
- $615,152
- Net assets
- -$540,275
- Revenue
- $65,527
- Expenses
- $66,870
- Net income
- -$1,343
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Jun 19, 2025
- Return Version
- 2024v5.1
- Gross Receipts
- $65,527
Mission and Program Overview
Mission
The mission is to establish standards for the dynamic positioning of offshore service vessels, with particular reference to the offshore oil and gas industry, to update the standards from time to time to reflect the requirements of public safety and the protection of the environment, property, and persons, to establish standards for testing and a training curriculum to prepare personnel and companies in the offshore industry to comply with the standards in the performance of their employment duties, to publish the standards and certification requirements and all updates of the standards and certification requirements, to grant licenses to institutions of learning, such as colleges, technical schools and other similar entities that host academic and functional training activities pursuant to which the training partners may make available training programs that meet the certification requirements and which train participants to implement the standards, to issue and to renew certificates.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| TO ESTABLISH STANDARDS FOR TESTING AND A TRAINING CURRICULUM TO PREPARE PERSONNEL AND COMPANIES IN THE OFFSHORE INDUSTRY TO COMPLY WITH THE STANDARDS IN THE PERFORMANCE OF THEIR EMPLOYMENT DUTIES AND TO ESTABLISH STANDARDS FOR THE DYNAMIC POSITIONING OF OFFSHORE SERVICE VESSELS, WITH PARTICULAR REFERENCE TO THE OFFSHORE OIL AND GAS INDUSTRY, THAT APPLY TO PERSONNEL AND COMPANIES. | $0 | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| AARON C SMITH | Executive Director | FT | $0 | - | - |
| STUART FAUCHEUX | Director | - | $0 | - | - |
| ROBERT VOSBEIN JR | Director | - | $0 | - | - |
| JAN MIKALSEN | Director | - | $0 | - | - |
| STEVE MARCRUM | Director | - | $0 | - | - |
| TOMMY BROWN | Director | - | $0 | - | - |
| OTTO CANDIES III | Director | - | $0 | - | - |
| WILLARD ROBISON | Director | - | $0 | - | - |
| ZACHARY CLARK | Director | - | $0 | - | - |
| MARK HANDIN | Director | - | $0 | - | - |
| JOHN FONTENOT | Secretary/ Treasurer | - | $0 | - | - |
| BEN TODD | Vice Chairman | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Offshore Service Vessel Dynamic
- EIN
- 46-5075710
- Phone
- 5045289414
- Address
- 201 ST CHARLES AVENUE STE 114-274, NEW ORLEANS, LA 70170
Signing Officer
- Name
- Aaron Smith
- Title
- Executive Director
- Phone
- 5045289414
- Signed
- 2025-06-19
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Wegmann Dazet Apc
- Address
- 111 VETERANS BLVD SUITE 1600, METAIRIE, LA 70005
- Preparer
- Richard J Tullier Jr
- Phone
- 5048378844
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: bank fees. Amount: 77. Description: credit card fees. Amount: 1,340. Description: website hosting. Amount: 4,120. Description: insurance. Amount: 11,420. Description: repayments. Amount: 35,000. Total to form 990-ez, line 16: 51,957.”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: accounts receivable. Beg. Of year amount: 50,642. End of year amount: 50,642. Description: prepaid insurance. Beg. Of year amount: 12,218. End of year amount: 12,218.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: chase credit card. Beg. Of year amount: 2,117. End of year amount: 2,117. Description: notes payable- board & tech. Beg. Of year amount: 345,000. End of year amount: 345,000. Description: deferred dues. Beg. Of year amount: 4,688. End of year amount: 4,688. Description: due to/from omsa. Beg. Of year amount: 259,347. End of year amount: 263,347.”
Raw XML Appendix275 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.
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| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE MISSION IS TO ESTABLISH STANDARDS FOR THE DYNAMIC POSITIONING OF OFFSHORE SERVICE VESSELS, WITH PARTICULAR REFERENCE TO THE OFFSHORE OIL AND GAS INDUSTRY, TO UPDATE THE STANDARDS FROM TIME TO TIME TO REFLECT THE REQUIREMENTS OF PUBLIC SAFETY AND THE PROTECTION OF THE ENVIRONMENT, PROPERTY, AND PERSONS, TO ESTABLISH STANDARDS FOR TESTING AND A TRAINING CURRICULUM TO PREPARE PERSONNEL AND COMPANIES IN THE OFFSHORE INDUSTRY TO COMPLY WITH THE STANDARDS IN THE PERFORMANCE OF THEIR EMPLOYMENT DUTIES, TO PUBLISH THE STANDARDS AND CERTIFICATION REQUIREMENTS AND ALL UPDATES OF THE STANDARDS AND CERTIFICATION REQUIREMENTS, TO GRANT LICENSES TO INSTITUTIONS OF LEARNING, SUCH AS COLLEGES, TECHNICAL SCHOOLS AND OTHER SIMILAR ENTITIES THAT HOST ACADEMIC AND FUNCTIONAL TRAINING ACTIVITIES PURSUANT TO WHICH THE TRAINING PARTNERS MAY MAKE AVAILABLE TRAINING PROGRAMS THAT MEET THE CERTIFICATION REQUIREMENTS AND WHICH TRAIN PARTICIPANTS TO IMPLEMENT THE STANDARDS, TO ISSUE AND TO RENEW CERTIFICATES. |
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| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd | 2 | X |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd | 3 | X |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd | 4 | X |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd | 5 | X |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd | 6 | X |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd | 7 | X |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd | 8 | X |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd | 9 | X |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd | 10 | X |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd | 11 | X |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt | 0 | 27500 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt | 1 | 25000 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt | 2 | 27500 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt | 3 | 25000 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt | 4 | 30000 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt | 5 | 27500 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt | 6 | 27500 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt | 7 | 27500 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt | 8 | 25000 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt | 9 | 25000 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt | 10 | 27500 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt | 11 | 27500 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt | 0 | BOARD MEMBER EMPLOYER |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt | 1 | BOARD MEMBER EMPLOYER |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt | 2 | BOARD MEMBER EMPLOYER |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt | 3 | BOARD MEMBER EMPLOYER |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt | 4 | BOARD MEMBER EMPLOYER |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt | 5 | BOARD MEMBER EMPLOYER |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt | 6 | BOARD MEMBER EMPLOYER |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt | 7 | BOARD MEMBER EMPLOYER |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt | 8 | BOARD MEMBER EMPLOYER |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt | 9 | BOARD MEMBER EMPLOYER |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt | 10 | BOARD MEMBER EMPLOYER |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt | 11 | BOARD MEMBER EMPLOYER |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd | 0 | 1 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd | 1 | 1 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd | 2 | 1 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd | 3 | 1 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd | 4 | 1 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd | 5 | 1 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd | 6 | 1 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd | 7 | 1 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd | 8 | 1 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd | 9 | 1 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd | 10 | 1 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd | 11 | 1 |
| IRS990ScheduleL/TotalBalanceDueAmt | 0 | 322500 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: BANK FEES. AMOUNT: 77. DESCRIPTION: CREDIT CARD FEES. AMOUNT: 1,340. DESCRIPTION: WEBSITE HOSTING. AMOUNT: 4,120. DESCRIPTION: INSURANCE. AMOUNT: 11,420. DESCRIPTION: REPAYMENTS. AMOUNT: 35,000. TOTAL TO FORM 990-EZ, LINE 16: 51,957. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 50,642. END OF YEAR AMOUNT: 50,642. DESCRIPTION: PREPAID INSURANCE. BEG. OF YEAR AMOUNT: 12,218. END OF YEAR AMOUNT: 12,218. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: CHASE CREDIT CARD. BEG. OF YEAR AMOUNT: 2,117. END OF YEAR AMOUNT: 2,117. DESCRIPTION: NOTES PAYABLE- BOARD & TECH. BEG. OF YEAR AMOUNT: 345,000. END OF YEAR AMOUNT: 345,000. DESCRIPTION: DEFERRED DUES. BEG. OF YEAR AMOUNT: 4,688. END OF YEAR AMOUNT: 4,688. DESCRIPTION: DUE TO/FROM OMSA. BEG. OF YEAR AMOUNT: 259,347. END OF YEAR AMOUNT: 263,347. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE 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/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | AARON SMITH |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EXECUTIVE DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 5045289414 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-06-19 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | OFFSHORE SERVICE VESSEL DYNAMIC |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | POSITIONING AUTHORITY |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | OFFS |
| ReturnHeader/Filer/EIN | 0 | 465075710 |
| ReturnHeader/Filer/PhoneNum | 0 | 5045289414 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 201 ST CHARLES AVENUE STE 114-274 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | NEW ORLEANS |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | LA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 70170 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 0 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 720870824 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | WEGMANN DAZET APC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 111 VETERANS BLVD SUITE 1600 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | METAIRIE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | LA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 70005 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5048378844 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | RICHARD J TULLIER JR |
| ReturnHeader/ReturnTs | 0 | 2025-06-23T13:43:02-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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