Civic Intelligence

Caribbean Coastal Ocean Observing System Inc

EIN 66-0842495 • 501(c)3 • Lajas, PR

Profile

As part of its mission as a Regional Coastal Observing System under the IOOS/NOAA program (https://ioos.noaa.gov/), CARICOOS (http://www.caricoos.org/) collects and distributes decision supporting data and products to diverse sectors in Puerto Rico and the US Virgin Island including federal and state agencies, marine observers ranging from beachgoers to ship operators and others. Data and forecasts originated and distributed by CARICOOS include waves, winds, currents, storm surge, beach pathogens as well as other biological, chemical and physical properties of the ocean.

PO Box 3446Lajas, PR 00667

www.caricoos.org

Siviq Scores

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

Liabilities / Assets

78th percentile

0.39x

Higher debt load relative to assets than 78% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

55th percentile

0.10x

Higher debt load relative to revenue than 55% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

37th percentile

-0.5%

Higher net margin than 37% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

9th percentile

-20%

Faster asset growth than 9% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

23rd percentile

-8.2%

Faster revenue growth than 23% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets78th percentile

Assets

Down

$803,300

Down $204,981 (-20%) from 2023

Liabilities

Down

$310,542

Down $191,391 (-38%) from 2023

Net Assets

Down

$492,758

Down $13,590 (-2.7%) from 2023

Operations
Liabilities / Revenue55th percentileNet Margin37th percentile

Revenue

Down

$2,994,380

Down $266,778 (-8.2%) from 2023

Expenses

Down

$3,007,970

Down $214,788 (-6.7%) from 2023

Net Income

Down

-$13,590

Down $51,990 (-135%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth9th percentile

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

$1.5M$1.0M$500K$0Assets 2016: $60,503Liabilities 2016: $3002016Assets 2017: $110,704Liabilities 2017: $270Net Assets 2017: $110,4342017Assets 2018: $270,441Liabilities 2018: $270,441Net Assets 2018: $02018Assets 2019: $350,393Liabilities 2019: $46,660Net Assets 2019: $303,7332019Assets 2020: $325,993Liabilities 2020: $170,434Net Assets 2020: $155,5592020Assets 2021: $223,842Liabilities 2021: $42,643Net Assets 2021: $181,1992021Assets 2022: $778,017Liabilities 2022: $310,069Net Assets 2022: $467,9482022Assets 2023: $1,008,281Liabilities 2023: $501,933Net Assets 2023: $506,3482023Assets 2024: $803,300Liabilities 2024: $310,542Net Assets 2024: $492,7582024

Highlighted filing

2024

Assets$803,300
Liabilities$310,542
Net Assets$492,758
Open 2024 Filing

Operations Trend

Revenue Growth23rd percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2016: $134,185Expenses 2016: $73,982Net Income 2016: $60,2032016Revenue 2017: $362,578Expenses 2017: $312,347Net Income 2017: $50,2312017Revenue 2018: $420,509Expenses 2018: $420,509Net Income 2018: $02018Revenue 2019: $410,244Expenses 2019: $376,306Net Income 2019: $33,9382019Revenue 2020: $311,548Expenses 2020: $385,690Net Income 2020: -$74,1422020Revenue 2021: $514,309Expenses 2021: $488,669Net Income 2021: $25,6402021Revenue 2022: $2,140,257Expenses 2022: $1,867,386Net Income 2022: $272,8712022Revenue 2023: $3,261,158Expenses 2023: $3,222,758Net Income 2023: $38,4002023Revenue 2024: $2,994,380Expenses 2024: $3,007,970Net Income 2024: -$13,5902024

Highlighted filing

2024

Revenue$2,994,380
Expenses$3,007,970
Net Income-$13,590
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$803,300
Liabilities
$310,542
Net assets
$492,758
Revenue
$2,994,380
Expenses
$3,007,970
Net income
-$13,590
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.80$0.31$0.49$2.99$3.01$0.01
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.01$0.50$0.51$3.26$3.22$0.04
2022Detailed filing. Detailed filing data is available for this year.$0.78$0.31$0.47$2.14$1.87$0.27
2021Detailed filing. Detailed filing data is available for this year.$0.22$0.04$0.18$0.51$0.49$0.03
2020Detailed filing. Detailed filing data is available for this year.$0.33$0.17$0.16$0.31$0.39$0.07
2019Detailed filing. Detailed filing data is available for this year.$0.35$0.05$0.30$0.41$0.38$0.03
2018Summary only. Only limited summary data is available for this year.$0.27$0.27$0.00$0.42$0.42$0.00
2017Summary only. Only limited summary data is available for this year.$0.11$0.00$0.11$0.36$0.31$0.05
2016Summary only. Only limited summary data is available for this year.$0.06$0.00$0.13$0.07$0.06
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 20, 2025
Return Version
2024v5.0
Gross Receipts
$2,994,380
Mission and Program Overview

Mission

As part of its mission as a Regional Coastal Observing System under the IOOS/NOAA program (https://ioos.noaa.gov/), CARICOOS (http://www.caricoos.org/) collects and distributes decision supporting data and products to diverse sectors in Puerto Rico and the US Virgin Island including federal and state agencies, marine observers ranging from beachgoers to ship operators and others. Data and forecasts originated and distributed by CARICOOS include waves, winds, currents, storm surge, beach pathogens as well as other biological, chemical and physical properties of the ocean.

Research and educational information for marine forecast free of charge for anyone through our webpage.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$120,022$351,355▲ $231,333
Land, Buildings, and Equipment, Net$319,568$305,949▼ $13,619
Pledges and Grants Receivable$441,260$48,914▼ $392,346
Savings and Temporary Cash Investments$40,000$40,000→ $0
Prepaid Expenses and Deferred Charges$3,217$3,383▲ $166
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$1,008,281$803,300▼ $204,981
Other Assets Total$84,214$53,699▼ $30,515
Liabilities
Deferred Revenue$67,887$111,904▲ $44,017
Accounts Payable and Accrued Expenses$170,588$97,788▼ $72,800
Other Liabilities$118,510$93,713▼ $24,797
Grants Payable$144,948$7,137▼ $137,811
Mortgage Notes Payable Secured by Investment Property$0--
Unsecured Notes Loans Payable$0--
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$501,933$310,542▼ $191,391
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$506,348$492,758▼ $13,590
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$506,348$492,758▼ $13,590
Total Liabilities and Net Assets / Fund Balance$1,008,281$803,300▼ $204,981

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$0$0$0
Other Land Buildings$0$0$0
Land$0-$0
Equipment$305,949$113,960$0
Leasehold Improvements$0$0$0
Other Assets Org$5,940--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Julio MorellExecutive Officer / DirectorFT$150,224$150,224
Patricia Chardon MaldonadoDeputy and Technical DirectorFT$107,475$107,475
Abdiel AlvaradoTreasurerFT$56,475$56,475

Board Members and Trustees

NameTitle
Israel MatosVicechairman/vicepresident
Ruperto ChaparroPresident
Ada MonzonDirector
Alex CruzDirector
Benito PintoDirector
Carlos FarchetteDirector
Crista Von HillebrandtDirector
Ernesto DiazDirector
Eugenio PineiroDirector
Graciela GarciaDirector
Marjorie SmithDirector
Mark SabinoDirector
Roberto CortesDirector
Roy WatlingtonDirector
Sylvia Rodriguez AbudoCo-principal Investigator
Revenue and Support

Revenue Composition

Contributions and Grants
$2,994,380
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$399,586
Change in Net Assets
$-13,590

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,994,380
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$2,994,380
Total Revenue per Form 990
$2,994,380
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,264,359
Salaries, Compensation, and Employee Benefits$743,611
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$399,454$0$0$399,454
Other Salaries and Wages$327,015$4,800$0$331,815
Current Officers, Directors, Trustees, and Key Employees$275,695$0$0$275,695
Other Expenses$242,393$0$0$242,393
Fees for Services Other$163,930$0$0$163,930
Payroll Taxes$136,101$0$0$136,101
All Other Expenses$117,548$3,166$0$120,714
Travel$91,082$11,012$0$102,094
Depreciation Depletion$55,531$0$0$55,531
Fees for Services Accounting$12,157$18,393$0$30,550
Conferences and Meetings$16,177$1,841$0$18,018
Insurance$10,870$0$0$10,870
Fees for Services Legal$0$3,202$0$3,202
Total Functional Expenses$2,961,529$46,441$0$3,007,970

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,007,970
Total Expenses per Audited Statements$3,007,970
Total Expenses per Form 990$3,007,970
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Other Expense Adjustments$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability Current$77,571
Operating Lease Liability$16,142
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
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

“The Form 990 is prepared by external auditors using the accounting records, other information and data used to prepare the Audit Financial Statements. Once prepared, the Form is given to the Top Management of the organization for the review and discussion with the external auditors. Once discussed with the external auditors, the form is given to the Governing Board for approval. Once approved by the Board the Form 990 is submitted to the IRS.”

Form 990, Part VI, Section C, Line 19

“Governing documents, policies and financial statements are available for public inspection upon request by email, mail or personal visit to the organization's administrative office.”

Filing and Contact Details

Filer

Filer Name
Caribbean Coastal Ocean Observing System Inc
EIN
66-0842495
Phone
7872375321
Address
PO BOX 3446, LAJAS, PR 00667

Signing Officer

Name
Ruperto Chaparro
Title
President
Phone
7872375321
Signed
2025-10-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
CPA Cristian Vera Mercado
Formed
2009
Legal Domicile
Pr
Voting Board Members
20
Independent Board Members
20
Employees
13
Volunteers
0

Preparer

Firm
Rodriguez Rivera & Toro PSC
Address
PO Box 1080, Mayaguez, PR 00681
Preparer
Cristian Vera Mercado CPA
Phone
7878343100
Raw XML AppendixShowing 400 of 661 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
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IRS990/Desc0The organization program services consist in provide data and forecast from a variety of sources, including satelites, ocean instruments and numerical models to the public under an integrated view of past, present and forecasted ocean conditions in the US Caribbean region. Data are provided online by a number of organizations including NOAA, NASA, ONR, Universities and others to whom credit is given.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE OFFICER / DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DEPUTY AND TECHNICAL DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICECHAIRMAN/VICEPRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17CO-PRINCIPAL INVESTIGATOR
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IRS990/MissionDesc0As part of its mission as a Regional Coastal Observing System under the IOOS/NOAA program (https://ioos.noaa.gov/), CARICOOS (http://www.caricoos.org/) collects and distributes decision supporting data and products to diverse sectors in Puerto Rico and the US Virgin Island including federal and state agencies, marine observers ranging from beachgoers to ship operators and others. Data and forecasts originated and distributed by CARICOOS include waves, winds, currents, storm surge, beach pathogens as well as other biological, chemical and physical properties of the ocean.
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