Civic Intelligence

Ocean First Institute

EIN 47-1716881 • 501(c)3 • Boulder, CO

Profile

The mission of Ocean First Institute is ocean conservation through research and education. We work to deepen the natural connection between people and the ocean. We educate and empower people to understand the ocean is our life support system no matter where we live, and that we need a healthy ocean to have a healthy planet. We provide individuals the opportunity to engage in activities that support sustainability, biodiversity, and improvethe health of our ocean.

3015 Bluff StreetBoulder, CO 80301

www.oceanfirstinstitute.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

67th percentile

0.10x

Higher debt load relative to assets than 67% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

63rd percentile

0.06x

Higher debt load relative to revenue than 63% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

84th percentile

35%

Higher net margin than 84% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

96th percentile

$53,040

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 45.3% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

98th percentile

287%

Faster asset growth than 98% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

93rd percentile

120%

Faster revenue growth than 93% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Up

$564,282

Up $418,432 (+287%) from 2023

Liabilities

Up

$56,870

Up $2,550 (+4.7%) from 2023

Net Assets

Up

$507,412

Up $415,882 (+454%) from 2023

Revenue

Up

$949,781

Up $517,255 (+120%) from 2023

Expenses

Up

$616,413

Up $212,698 (+53%) from 2023

Net Income

Up

$333,368

Up $304,557 (+1057%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0-$200KAssets 2015: $92Liabilities 2015: $646Net Assets 2015: -$5542015Assets 2016: $1,707Liabilities 2016: $2,054Net Assets 2016: -$3472016Assets 2017: $6Liabilities 2017: $4,957Net Assets 2017: -$4,9512017Assets 2018: $6,943Liabilities 2018: $14,725Net Assets 2018: -$7,7822018Assets 2019: $12,297Liabilities 2019: $0Net Assets 2019: $12,2972019Assets 2020: $96,662Liabilities 2020: $80,350Net Assets 2020: $16,3122020Assets 2021: $105,746Liabilities 2021: $99,850Net Assets 2021: $5,8962021Assets 2022: $133,140Liabilities 2022: $56,000Net Assets 2022: $77,1402022Assets 2023: $145,850Liabilities 2023: $54,320Net Assets 2023: $91,5302023Assets 2024: $564,282Liabilities 2024: $56,870Net Assets 2024: $507,4122024

Highlighted filing

2024

Assets$564,282
Liabilities$56,870
Net Assets$507,412

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2015: $63,000Expenses 2015: $63,554Net Income 2015: -$5542015Revenue 2016: $131,479Expenses 2016: $131,272Net Income 2016: $2072016Revenue 2017: $117,037Expenses 2017: $121,641Net Income 2017: -$4,6042017Revenue 2018: $117,055Expenses 2018: $119,886Net Income 2018: -$2,8312018Revenue 2019: $189,950Expenses 2019: $169,871Net Income 2019: $20,0792019Revenue 2020: $170,339Expenses 2020: $166,324Net Income 2020: $4,0152020Revenue 2021: $208,921Expenses 2021: $219,337Net Income 2021: -$10,4162021Revenue 2022: $437,433Expenses 2022: $366,189Net Income 2022: $71,2442022Revenue 2023: $432,526Expenses 2023: $403,715Net Income 2023: $28,8112023Revenue 2024: $949,781Expenses 2024: $616,413Net Income 2024: $333,3682024

Highlighted filing

2024

Revenue$949,781
Expenses$616,413
Net Income$333,368

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Aug 27, 2025
Return Version
2023v6.0
Gross Receipts
$965,162
Mission and Program Overview

Mission

Ocean first institute works to deepen the natural connection between people and the ocean. We educate and empower people to understand the ocean is our life support system no matter where they live, and that we need a healthy ocean to have a healthy planet. We provide individuals the opportunity to engage in activities that support sustainability, biodiversity and improve the health of our ocean

The mission of Ocean First Institute is ocean conservation through research and education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$91,530$507,412▲ $415,882
Intangible Assets$0$365,370▲ $365,370
Investments Other Securities$60,246$72,759▲ $12,513
Cash and Non-Interest-Bearing Accounts$28,581$63,411▲ $34,830
Land, Buildings, and Equipment, Net$27,070$58,515▲ $31,445
Inventories for Sale or Use$29,686$0▼ $29,686
Savings and Temporary Cash Investments$207$4,227▲ $4,020
Accounts Receivable$60$0▼ $60
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$145,850$564,282▲ $418,432
Liabilities
Other Liabilities$54,320$56,100▲ $1,780
Accounts Payable and Accrued Expenses$0$770▲ $770
Total Liabilities$54,320$56,870▲ $2,550
Net Assets / Fund Balance
Total Net Assets Fund Balance$91,530$507,412▲ $415,882
Total Liabilities and Net Assets / Fund Balance$145,850$564,282▲ $418,432

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$30,343$18,342$48,685
Buildings$28,172$151$28,323
Other Securities$72,759--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Mikki McComb-KobzaExecutive DirectorFT$94,167$94,167

Board Members and Trustees

NameTitle
Renee McElroyBoard Vice-Chair
Bretton HunchakBoard Member
Brittnie BassantBoard Member
Jerry RodriguezBoard Member
John StuartBoard Member
Zuhirah Khaldun-DiarraBoard Member
Sam CramerBoard Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$722,189
Program Service Revenue
$226,367
Investment Income
$112
Other Revenue
$1,113
All Other Contributions
$682,277
Change in Net Assets
$333,368

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
Intellectual Property1$316,700Appraised Value
Other Non Cash Contri Table1$67,900Appraised Value
Other Non Cash Contri Table1$28,323Fair Market Value
Cars and Other Vehicles1$7,000Fair Market Value
Other Non Cash Contri Table1$5,000Fair Market Value
Total Noncash Contributions5$424,923-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$338,744
Other Expenses$277,569
Total Fundraising Expense$2,772
Grants and Similar Amounts Paid$100
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$218,607--$218,607
Current Officers, Directors, Trustees, and Key Employees$20,346$79,237-$99,583
All Other Expenses$66,041$9,310$2,772$78,123
Depreciation Depletion$28,108--$28,108
Payroll Taxes-$20,554-$20,554
Travel$19,662--$19,662
Other Expenses$11,243--$11,243
Insurance-$6,576-$6,576
Advertising-$5,333-$5,333
Interest-$4,660-$4,660
Fees for Services Accounting-$1,971-$1,971
Grants to Domestic Orgs$100--$100
Total Functional Expenses$486,000$127,641$2,772$616,413
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$1,372
Fundraising Direct Expenses$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
EIDL Loan$56,100
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11B

No review was or will be conducted.

Form 990, Part VI, Section B, line 12C

A potential or actual conflict of interest exists when commitments and obligations are likely to be compromised by Board candidates/members other material interests, or relationships (especially economic), particularly if those interests or commitments are not disclosed. This Conflict-of-Interest Form should indicate whether the member/candidate has an economic interest in, or acts as an officer or a director of, any outside entity whose financial interests would reasonably appear to be affected by the addition of the nominated condition to the screening panel. The member/candidate should also disclose any personal, business, or volunteer affiliations that may give rise to a real or apparent conflict of interest. Relevant federal and organization regulations and guidelines pertaining to financial conflicts must be abided by. Individuals with a conflict of interest should not be a candidate for or serve on a Board position.

Form 990, Part VI, Section C, line 18

Impact Report 2020 available upon request.

Form 990, Part VI, Section C, line 19

No other documents available to the public.

Form 990, Part VIII, Line 1E

Employee Rentention Credit Income

Filing and Contact Details

Filer

Filer Name
Ocean First Institute
EIN
47-1716881
Phone
3038193275
Address
3015 Bluff Street, Boulder, CO 80301

Signing Officer

Name
Dawn M McComb-Kobza
Title
Executive Director
Phone
3038193275
Signed
2025-08-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dawn M McComb-Kobza
Formed
2014
Legal Domicile
Co
Voting Board Members
7
Independent Board Members
5
Employees
9
Volunteers
0

Preparer

Firm
Kurtz Fargo Llp
Address
1470 Walnut Street Ste 301, Boulder, CO 80302
Preparer
Meghan Hays
Phone
7203102078
Supplemental Narrative

Additional Explanations

Form 990, Part III, line 2

New in 2024 - Shark Field Course - Impact of Environmental Stressors on Elasmobranch Health in Florida Waters. Ocean First Institute is conducting groundbreaking research on the health impacts of environmental stressors affecting sharks and small tooth sawfish in Florida waters. The research program encompasses two major initiatives: an investigation of the "spinning fish" phenomenon in the Florida Keys and a comprehensive study of pharmaceutical contamination in marine ecosystems.

Form 990, Part IX, line 24E

Boat Repairs & Supplies: Program service expenses 10,613. Management and general expenses 0. Fundraising expenses 0. Total expenses 10,613. Dues & Subscriptions: Program service expenses 10,025. Management and general expenses 0. Fundraising expenses 0. Total expenses 10,025. Shark Field Course Expense: Program service expenses 9,453. Management and general expenses 0. Fundraising expenses 0. Total expenses 9,453. Website Expenses: Program service expenses 8,141. Management and general expenses 0. Fundraising expenses 0. Total expenses 8,141. Boat Slip Rental: Program service expenses 7,020. Management and general expenses 0. Fundraising expenses 0. Total expenses 7,020. Boat Insurance: Program service expenses 6,028. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,028. Rent/Storage: Program service expenses 5,072. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,072. Meals: Program service expenses 4,910. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,910. Office Supplies: Program service expenses 0. Management and general expenses 3,389. Fundraising expenses 0. Total expenses 3,389. Education Expenses: Program service expenses 2,875. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,875. Fundraising Expenses: Program service expenses 0. Management and general expenses 0. Fundraising expenses 2,772. Total expenses 2,772. Payroll Processing Fees: Program service expenses 0. Management and general expenses 2,603. Fundraising expenses 0. Total expenses 2,603. Credit Card Processing Fees: Program service expenses 0. Management and general expenses 1,672. Fundraising expenses 0. Total expenses 1,672. Workers Comp Insurance: Program service expenses 0. Management and general expenses 1,547. Fundraising expenses 0. Total expenses 1,547. Bank Fees: Program service expenses 1,032. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,032. Boat Fuel: Program service expenses 872. Management and general expenses 0. Fundraising expenses 0. Total expenses 872. Licenses: Program service expenses 0. Management and general expenses 99. Fundraising expenses 0. Total expenses 99.

Amendment:

This return is amended to correct errors in the originally filed return. Revisions include updates to disclosures on accounting practices (conflict of interest policy, whistleblower policy, and document retention and destruction policy) and updates to financial reporting statements.

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IRS990/Desc01. Plastic Pollution Monitoring Program Ocean First Institue is collecting water and sediment samples in Florida and Colorado looking for the presence of microplastics and microfibers. Students identify plastics and fibers with microscopes and samples are further analyzed at our laboratory space at FAU Henderson School. Students participate in summits where they report out their findings and share the simple everyday things we can all do to be part of the solution.
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IRS990/MissionDesc0The mission of Ocean First Institute is ocean conservation through research and education. We work to deepen the natural connection between people and the ocean. We educate and empower people to understand the ocean is our life support system no matter where we live, and that we need a healthy ocean to have a healthy planet. We provide individuals the opportunity to engage in activities that support sustainability, biodiversity, and improvethe health of our ocean.
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IRS990/ProgSrvcAccomActy2Grp/Desc02. Ocean First Discovery Center Online Courses Ocean First Institute (OFI) scientists continue to partner with educational institutions and scientific organizations to conduct ongoing marine science research all over the world. This current and ongoing research informs OFI's educational outreach and inspires innovation and conservation in local communities. Our research is a centerpiece to our goal to bring the reef to the Rockies and inspire a new generation of environmental scientists and stewards.OFI focuses on educational outreach to primarily middle and high school students. We customize marine science education programs to individual schools and classrooms. We also offer after school and summer programming to supplement and enhance K12 science student learning. Our goal is to introduce the wonders of the ocean to students who would otherwise never have the chance to experience and learn about them through hands-on, high quality marine science education programs.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt080000
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IRS990/ProgSrvcAccomActy3Grp/Desc03. Shark Field CourseImpact of Environmental Stressors on Elasmobranch Health in Florida Waters. Ocean First Institute is conducting groundbreaking research on the health impacts of environmental stressors affecting sharks and small tooth sawsh in Florida waters. The research program encompasses two major initiatives: an investigation of the "spinning sh" phenomenon in the Florida Keys and a comprehensive study of pharmaceutical contamination in marine ecosystems.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0New in 2024 - Shark Field Course - Impact of Environmental Stressors on Elasmobranch Health in Florida Waters. Ocean First Institute is conducting groundbreaking research on the health impacts of environmental stressors affecting sharks and small tooth sawfish in Florida waters. The research program encompasses two major initiatives: an investigation of the "spinning fish" phenomenon in the Florida Keys and a comprehensive study of pharmaceutical contamination in marine ecosystems.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A potential or actual conflict of interest exists when commitments and obligations are likely to be compromised by Board candidates/members other material interests, or relationships (especially economic), particularly if those interests or commitments are not disclosed. This Conflict-of-Interest Form should indicate whether the member/candidate has an economic interest in, or acts as an officer or a director of, any outside entity whose financial interests would reasonably appear to be affected by the addition of the nominated condition to the screening panel. The member/candidate should also disclose any personal, business, or volunteer affiliations that may give rise to a real or apparent conflict of interest. Relevant federal and organization regulations and guidelines pertaining to financial conflicts must be abided by. Individuals with a conflict of interest should not be a candidate for or serve on a Board position.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Impact Report 2020 available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4No other documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Employee Rentention Credit Income
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Boat Repairs & Supplies: Program service expenses 10,613. Management and general expenses 0. Fundraising expenses 0. Total expenses 10,613. Dues & Subscriptions: Program service expenses 10,025. Management and general expenses 0. Fundraising expenses 0. Total expenses 10,025. Shark Field Course Expense: Program service expenses 9,453. Management and general expenses 0. Fundraising expenses 0. Total expenses 9,453. Website Expenses: Program service expenses 8,141. Management and general expenses 0. Fundraising expenses 0. Total expenses 8,141. Boat Slip Rental: Program service expenses 7,020. Management and general expenses 0. Fundraising expenses 0. Total expenses 7,020. Boat Insurance: Program service expenses 6,028. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,028. Rent/Storage: Program service expenses 5,072. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,072. Meals: Program service expenses 4,910. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,910. Office Supplies: Program service expenses 0. Management and general expenses 3,389. Fundraising expenses 0. Total expenses 3,389. Education Expenses: Program service expenses 2,875. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,875. Fundraising Expenses: Program service expenses 0. Management and general expenses 0. Fundraising expenses 2,772. Total expenses 2,772. Payroll Processing Fees: Program service expenses 0. Management and general expenses 2,603. Fundraising expenses 0. Total expenses 2,603. Credit Card Processing Fees: Program service expenses 0. Management and general expenses 1,672. Fundraising expenses 0. Total expenses 1,672. Workers Comp Insurance: Program service expenses 0. Management and general expenses 1,547. Fundraising expenses 0. Total expenses 1,547. Bank Fees: Program service expenses 1,032. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,032. Boat Fuel: Program service expenses 872. Management and general expenses 0. Fundraising expenses 0. Total expenses 872. Licenses: Program service expenses 0. Management and general expenses 99. Fundraising expenses 0. Total expenses 99.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7This return is amended to correct errors in the originally filed return. Revisions include updates to disclosures on accounting practices (conflict of interest policy, whistleblower policy, and document retention and destruction policy) and updates to financial reporting statements.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VIII, Line 1e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Amendment:
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