Liabilities / Assets
88th percentile
Higher debt load relative to assets than 88% of similar nonprofits.
EIN 52-1530218 • 501(c)3 • Chevy Chase, MD
Profile
Oceanitess mission is championing science-based conservation and increased awareness of climate change, its potential impacts, and climate change adaptation through the lens of penguins and Antarctica.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
88th percentile
Higher debt load relative to assets than 88% of similar nonprofits.
Liabilities / Revenue
86th percentile
Higher debt load relative to revenue than 86% of similar nonprofits.
Net Margin
65th percentile
Higher net margin than 65% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
96th percentile
Faster asset growth than 96% of similar nonprofits.
Revenue Growth
74th percentile
Faster revenue growth than 74% of similar nonprofits.
Assets
Up$82,540
Up $58,069 (+237%) from 2023
Liabilities
Up$39,732
Up $34,268 (+627%) from 2023
Net Assets
Up$42,808
Up $23,801 (+125%) from 2023
Revenue
Up$217,335
Up $40,668 (+23%) from 2023
Expenses
Down$193,534
Down $53,170 (-22%) from 2023
Net Income
Up$23,801
Up $93,838 (+134%) from 2023
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
See attached.
Oceanitess mission is championing science-based conservation and increased awareness of climate change, its potential impacts, and climate change adaptation through the lens of penguins and Antarctica.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | $1,002 | $51,007 | ▲ $50,005 |
| Cash and Non-Interest-Bearing Accounts | $23,469 | $31,533 | ▲ $8,064 |
| Total Assets | $24,471 | $82,540 | ▲ $58,069 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $5,464 | $39,732 | ▲ $34,268 |
| Total Liabilities | $5,464 | $39,732 | ▲ $34,268 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $19,007 | $42,808 | ▲ $23,801 |
| Total Net Assets Fund Balance | $19,007 | $42,808 | ▲ $23,801 |
| Total Liabilities and Net Assets / Fund Balance | $24,471 | $82,540 | ▲ $58,069 |
| Name | Title |
|---|---|
| Grant Ferrier | Chair |
| Ron Naveen | President |
| Catherine Nicholson | Director |
| Dr Grant Humphries | Director |
| Dylan Ogline | Director |
| Ford Nicholson | Director |
| Jeffery Adams | Director |
| Steven Forrest | Director |
| Thom Gilligan | Director |
| Line Item | Amount |
|---|---|
| Other Expenses | $175,794 |
| Salaries, Compensation, and Employee Benefits | $17,740 |
| Total Fundraising Expense | $16,677 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Travel | $62,840 | $0 | $0 | $62,840 |
| All Other Expenses | $13,859 | $2,474 | $10,827 | $27,160 |
| Occupancy | $12,960 | $810 | $2,430 | $16,200 |
| Other Employee Benefits | $9,607 | $600 | $1,801 | $12,008 |
| Fees for Services Accounting | $0 | $7,738 | $0 | $7,738 |
| Current Officers, Directors, Trustees, and Key Employees | $4,260 | $266 | $799 | $5,325 |
| Other Expenses | $3,995 | $129 | $0 | $4,124 |
| Information Technology | $3,174 | $198 | $595 | $3,967 |
| Office Expenses | $664 | $42 | $125 | $831 |
| Payroll Taxes | $326 | $20 | $61 | $407 |
| Total Functional Expenses | $164,567 | $12,290 | $16,677 | $193,534 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Interested Party | Relationship | Description | Shared Revenue | Amount |
|---|---|---|---|---|
| Ellen Luria | spouse of President | annual office rent | No | $16,200 |
“After each meeting, the President captures the content in writing and circulates such minutes to fellow board members.”
“As the Board is small, there are no committees other than the full board.”
“A draft Form 990 is provided to the full board for review and comment prior to filing.”
“Independent CPA receives and reviews annual conflict of interest statements provided by each board member, as well as disclosure of possible conflicts. Any reported matters are investigated and appropriate action taken, including discussion with President and other board members.”
“Board approves total compensation of President (only employee).”
“Such documents are available upon request.”
“Organization uses a modified cash basis; has always used this basis. Credit card charges and payroll taxes are recorded when the item is incurred; all other income and expense items are recorded when received or paid, respectively.”
“Board members Ford Nicholson and Catherine Nicholson are married.”
“Part III, line 1. The mission is twofold: First, to monitor penguin populations on the frontlines of climate change in the Antarctic Peninsula. There, it has warmed faster than almost anywhere else and the gentoo penguin population has soared while Adelie and chinstrap populations have dramatically plunged. Secondly, from this flows our effort, using the lens of penguins, to create a new movement with a more positive and impactful climate change narrative about whether we will be winners who will adapt when the warming comes our way. Oceanites values are grounded in the belief that all of us, working together, can bring about positive change, and that too many people are disengaged from the reality that we are essentially no different than penguins. We breathe the same air and have the same necessities of life. We, too, are biological creatures who cannot sustain ourselves without food to eat, safe homes, a disease-free and healthy environment, and retaining the ability to produce kids and grandkids.”
“Pledge Collection Fees 2230. 0. 2230. 0.”
“Printing 3495. 2796. 175. 524.”
“Postage & Shipping 824. 659. 41. 124.”
“Meals 28. 0. 28. 0.”
“Web fulfillment 279. 0. 0. 279.”
“Professional fees -drone data 10404. 10404. 0. 0.”
“Professional fees other 9900. 0. 0. 9900.”
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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| IRS990/Desc | 0 | Oceanites continued its ongoing monitoring and assessment of Antarctic Peninsula penguin populations, which was subtantially augmented by having four drone-equipped field teams working. Ours remains the worlds longest running penguin monitoring project. The penguin population trend was found to be continuing -- gentoo penguins increaseing, while Adelie and chinstrap penguins are declining. |
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| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 9 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 7 |
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| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm | 0 | Ellen Luria |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt | 0 | spouse of President |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | After each meeting, the President captures the content in writing and circulates such minutes to fellow board members. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | As the Board is small, there are no committees other than the full board. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | A draft Form 990 is provided to the full board for review and comment prior to filing. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Independent CPA receives and reviews annual conflict of interest statements provided by each board member, as well as disclosure of possible conflicts. Any reported matters are investigated and appropriate action taken, including discussion with President and other board members. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Board approves total compensation of President (only employee). |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Such documents are available upon request. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Organization uses a modified cash basis; has always used this basis. Credit card charges and payroll taxes are recorded when the item is incurred; all other income and expense items are recorded when received or paid, respectively. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | Board members Ford Nicholson and Catherine Nicholson are married. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | Part III, line 1. The mission is twofold: First, to monitor penguin populations on the frontlines of climate change in the Antarctic Peninsula. There, it has warmed faster than almost anywhere else and the gentoo penguin population has soared while Adelie and chinstrap populations have dramatically plunged. Secondly, from this flows our effort, using the lens of penguins, to create a new movement with a more positive and impactful climate change narrative about whether we will be winners who will adapt when the warming comes our way. Oceanites values are grounded in the belief that all of us, working together, can bring about positive change, and that too many people are disengaged from the reality that we are essentially no different than penguins. We breathe the same air and have the same necessities of life. We, too, are biological creatures who cannot sustain ourselves without food to eat, safe homes, a disease-free and healthy environment, and retaining the ability to produce kids and grandkids. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | Pledge Collection Fees 2230. 0. 2230. 0. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | Printing 3495. 2796. 175. 524. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 11 | Postage & Shipping 824. 659. 41. 124. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 12 | Meals 28. 0. 28. 0. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 13 | Web fulfillment 279. 0. 0. 279. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 14 | Professional fees -drone data 10404. 10404. 0. 0. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 15 | Professional fees other 9900. 0. 0. 9900. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Pt VI, Line 8a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Pt VI, Line 8b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Pt VI, Line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Pt VI, Line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Pt VI, Line 15a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Pt VI, Line 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Pt XII, Line 1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Pt VI, Line 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Other |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Form 990, Part IX, Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Form 990, Part IX, Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 11 | Form 990, Part IX, Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 12 | Form 990, Part IX, Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 13 | Form 990, Part IX, Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 14 | Form 990, Part IX, Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 15 | Form 990, Part IX, Line 24e |
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