Civic Intelligence

Ocean Enterprises Foundation

990EZ • Fiscal year 2022 • EIN 47-0970441

Jan 01, 2022 to Dec 31, 2022 • Filed on May 09, 2023

7710 Balboa AveSan Diego, CA 92111

(858) 565-9474

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2022

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2022

Net Margin

65th percentile

15%

Higher net margin than 65% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

61st percentile

8.8%

Faster asset growth than 61% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

58th percentile

19%

Faster revenue growth than 58% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$79,009

Up $6,388 (+8.8%) from 2021

Net Assets

Up

$79,009

Up $6,388 (+8.8%) from 2021

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$43,139

Up $6,980 (+19%) from 2021

Expenses

Up

$36,751

Up $35,101 (+2127%) from 2021

Net Income

Down

$6,388

Down $28,121 (-81%) from 2021

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2014: $516Liabilities 2014: $02014Assets 2015: $19,911Liabilities 2015: $02015Assets 2021: $72,621Net Assets 2021: $72,6212021Assets 2022: $79,009Net Assets 2022: $79,0092022Assets 2023: $62,233Net Assets 2023: $62,2332023Assets 2024: $43,817Net Assets 2024: $43,8172024

Highlighted filing

2022

Assets$79,009
Liabilities-
Net Assets$79,009

Operations Trend

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

$60K$40K$20K$0-$20KRevenue 2014: $1,376Expenses 2014: $860Net Income 2014: $5162014Revenue 2015: $27,944Expenses 2015: $7,892Net Income 2015: $20,0522015Revenue 2021: $36,159Expenses 2021: $1,650Net Income 2021: $34,5092021Revenue 2022: $43,139Expenses 2022: $36,751Net Income 2022: $6,3882022Revenue 2023: $5,025Expenses 2023: $21,801Net Income 2023: -$16,7762023Revenue 2024: $1,002Expenses 2024: $19,418Net Income 2024: -$18,4162024

Highlighted filing

2022

Revenue$43,139
Expenses$36,751
Net Income$6,388
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 9, 2023
Return Version
2022v5.0
Gross Receipts
$43,139
Mission and Program Overview

Mission

Ocean enterprises foundation seeks to ensure that no person will be precluded from participating in scuba diving due to physical or financial hardship.

Program Services

DescriptionGrantsExpenses
EDUCATIONAL, SCUBA LESSONS AND DIRECT ASSISTANCE TO INDIVIDUALS IN NEED$14,050$19,789
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Myra KurnPresident-$0--
Mario KurnSecretary-$0--
Nicole KurnTreasurer-$0--
Aleisha SmithDirector-$0--
Werner KurnDirector-$0--
Filing and Contact Details

Filer

Filer Name
Ocean Enterprises Foundation
EIN
47-0970441
Phone
8585659474
Address
7710 Balboa Ave, San Diego, CA 92111

Signing Officer

Name
Myra Kurn
Title
President
Signed
2023-05-09
Discuss with paid preparer
Yes

Preparer

Firm
Dark Horse CPAs
Address
2033 San Elijo Ave 148, Cardiff, CA 92007
Preparer
Suzanne Drennen CPA
Phone
6197361404
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.1

| Donee's Name: Chris & Aliesha Smith | Donee's Address: 771 Kirkwall Drive San Marcos CA 92069 | Cash Amount Given: $10000

Other Expenses.1002

Office Expenses $107

Other Expenses.1

Scuba Class Expense $19489

Other Expenses.2

CPR Training $300

Raw XML Appendix167 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Donee's Name: Chris & Aliesha Smith | Donee's Address: 771 Kirkwall Drive San Marcos CA 92069 | Cash Amount Given: $10000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $107
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ReturnHeader/ReturnTypeCd0990EZ
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ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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Filings