Civic Intelligence

Earths Oceans Foundation

990EZ • Fiscal year 2022 • EIN 47-5269741

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 16, 2023

Organization ProfileEARTHSOCEANS.FOUNDATION
1299 Ocean Avenue 333Santa Monica, CA 90401

(310) 451-0744

Siviq Scores

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

Liabilities / Assets

71st percentile

0.02x

Higher debt load relative to assets than 71% of similar nonprofits.

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

Liabilities / Revenue

80th percentile

0.08x

Higher debt load relative to revenue than 80% of similar nonprofits.

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

Net Margin

99th percentile

100%

Higher net margin than 99% 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

82nd percentile

44%

Faster asset growth than 82% of similar nonprofits.

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

Revenue Growth

73rd percentile

50%

Faster revenue growth than 73% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets71st percentile

Assets

Up

$41,087

Up $12,617 (+44%) from 2021

Net Assets

Up

$40,087

Up $12,617 (+46%) from 2021

Liabilities

Flat

$1,000

Flat from 2021

Revenue And Expenses
Liabilities / Revenue80th percentileNet Margin99th percentile

Revenue

Up

$12,629

Up $4,221 (+50%) from 2021

Expenses

Down

$12

Down $5,002 (-100%) from 2021

Net Income

Up

$12,617

Up $9,223 (+272%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth82nd percentile

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

$60K$40K$20K$0Assets 2018: $4,452Liabilities 2018: $1,000Net Assets 2018: $3,4522018Assets 2019: $6,082Liabilities 2019: $1,000Net Assets 2019: $5,0822019Assets 2020: $25,076Liabilities 2020: $1,000Net Assets 2020: $24,0762020Assets 2021: $28,470Liabilities 2021: $1,000Net Assets 2021: $27,4702021Assets 2022: $41,087Liabilities 2022: $1,000Net Assets 2022: $40,0872022Assets 2023: $43,772Liabilities 2023: $1,000Net Assets 2023: $42,7722023Assets 2024: $38,237Liabilities 2024: $1,000Net Assets 2024: $37,2372024

Highlighted filing

2022

Assets$41,087
Liabilities$1,000
Net Assets$40,087
Open 2022 Filing

Operations Trend

Revenue Growth73rd percentile

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

$30K$20K$10K$0Revenue 2018: $2,381Expenses 2018: $945Net Income 2018: $1,4362018Revenue 2019: $2,640Expenses 2019: $1,010Net Income 2019: $1,6302019Revenue 2020: $21,279Expenses 2020: $2,285Net Income 2020: $18,9942020Revenue 2021: $8,408Expenses 2021: $5,014Net Income 2021: $3,3942021Revenue 2022: $12,629Expenses 2022: $12Net Income 2022: $12,6172022Revenue 2023: $2,735Expenses 2023: $50Net Income 2023: $2,6852023Expenses 2024: $5,5352024

Highlighted filing

2022

Revenue$12,629
Expenses$12
Net Income$12,617
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 16, 2023
Return Version
2022v5.0
Gross Receipts
$12,629
Mission and Program Overview

Mission

Earth's oceans foundation is focused on the mitigation of plastics in oceans, beaches and waterways. The purpose is to repurpose plastics into raw materials that can be used to create useful products.

Program Services

DescriptionGrantsExpenses
OCEANIC ENVIRONMENTAL PROTECTION$0$0
N/A$0$0
N/A$0$0
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
CHARLIE CROUGHWELLPresident/SecretaryPT$0--
ERIC J FOERSTERTreasurerPT$0--
VIVIAN YUBoard Member-$0--
MARK KUBRBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
EARTH'S OCEANS FOUNDATION
EIN
47-5269741
Phone
3104510744
Address
1299 OCEAN AVENUE 333, SANTA MONICA, CA 90401

Signing Officer

Name
Eric Foerster
Title
Treasurer
Phone
3104510744
Signed
2023-11-16
Discuss with paid preparer
Yes

Preparer

Firm
GOODFRIEND & JACOBS CPA'S PC
Address
1299 OCEAN AVE SUITE 333, SANTA MONICA, CA 90401
Preparer
Lawrence Goodfriend
Phone
3104510744
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: office supplies & expenses. Amount: 12.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: other depreciable assets. Beg. Of year amount: 10,750. End of year amount: 10,750.”

Form 990-ez, Part II, Line 26 - Other Liabilities

“Description: note payable-officer. Beg. Of year amount: 1,000. End of year amount: 1,000.”

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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0GOODFRIEND AND JACOBS
IRS990EZ/BooksInCareOfDetail/PhoneNum03104510744
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01299 OCEAN AVE 333
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SANTA MONICA
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd090401
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt017720
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt030337
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt012629
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt012617
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt028470
IRS990EZ/Form990TotalAssetsGrp/EOYAmt041087
IRS990EZ/GrossReceiptsAmt012629
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt027470
IRS990EZ/NetAssetsOrFundBalancesEOYAmt040087
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt027470
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt040087
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt010.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt110.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0CHARLIE CROUGHWELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ERIC J FOERSTER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2VIVIAN YU
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MARK KUBR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT/SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt010750
IRS990EZ/OtherAssetsTotalDetail/EOYAmt010750
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt012
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0EARTH'S OCEANS FOUNDATION IS FOCUSED ON THE MITIGATION OF PLASTICS IN OCEANS, BEACHES AND WATERWAYS. THE PURPOSE IS TO REPURPOSE PLASTICS INTO RAW MATERIALS THAT CAN BE USED TO CREATE USEFUL PRODUCTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0OCEANIC ENVIRONMENTAL PROTECTION
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1N/A
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2N/A
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt20
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt20
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt01000
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01000
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt012
IRS990EZ/TotalRevenueAmt012629
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0HTTPS://EARTHSOCEANS.FOUNDATION/
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt012435
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt08398
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt021279
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt02630
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt02381
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt047123
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt047123
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt012435
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt08398
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt021279
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt02630
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt02381
IRS990ScheduleA/Total509Grp/TotalAmt047123
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt012435
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt08398
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt021279
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt02630
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt02381
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt047123
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/PhoneSolicitationsInd0X
IRS990ScheduleG/SolicitationOfNonGovtGrantsInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: OFFICE SUPPLIES & EXPENSES. AMOUNT: 12.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 10,750. END OF YEAR AMOUNT: 10,750.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: NOTE PAYABLE-OFFICER. BEG. OF YEAR AMOUNT: 1,000. END OF YEAR AMOUNT: 1,000.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE 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/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ERIC FOERSTER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum03104510744
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0EARTH'S OCEANS FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0EART
ReturnHeader/Filer/EIN0475269741
ReturnHeader/Filer/PhoneNum03104510744
ReturnHeader/Filer/USAddress/AddressLine1Txt01299 OCEAN AVENUE 333
ReturnHeader/Filer/USAddress/CityNm0SANTA MONICA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090401
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0954300706
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GOODFRIEND & JACOBS CPA'S PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01299 OCEAN AVE SUITE 333
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SANTA MONICA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd090401
ReturnHeader/PreparerPersonGrp/PhoneNum03104510744
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LAWRENCE GOODFRIEND
ReturnHeader/ReturnTs02023-11-16T18:15:07-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ERIC
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0FOERSTER
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$41,087
Liabilities
$1,000
Net assets
$40,087
Revenue
$12,629
Expenses
$12
Net income
$12,617
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$38.2$1.00$37.2$5.54
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$43.8$1.00$42.8$2.74$0.05$2.69
2022Detailed filing. Detailed filing data is available for this year.$41.1$1.00$40.1$12.6$0.01$12.6
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.5$1.00$27.5$8.41$5.01$3.39
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$25.1$1.00$24.1$21.3$2.29$19.0
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.08$1.00$5.08$2.64$1.01$1.63
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.45$1.00$3.45$2.38$0.95$1.44
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2022 filings • 501(c)3 • <$500k nonprofits