Civic Intelligence

Ocearch

EIN 80-0708997 • 501(c)3 • Park City, UT

Profile

Ocearch's mission is a data-centric organization working to provide scientists with previously unattainable data through collaborative oceanic research expeditions. They accelerate the ocean's return to balance and abundance through fearless innovations in scientific research, education, outreach, and policy using unique collaborations of individuals and organizations in the u.s and abroad.

1790 Bonanza Drive 101Park City, UT 84060

ocearch.org

Siviq Scores

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

Liabilities / Assets

85th percentile

0.57x

Higher debt load relative to assets than 85% of similar nonprofits.

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

Liabilities / Revenue

74th percentile

0.32x

Higher debt load relative to revenue than 74% of similar nonprofits.

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

Net Margin

72nd percentile

19%

Higher net margin than 72% 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

98th percentile

204%

Faster asset growth than 98% of similar nonprofits.

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

Revenue Growth

68th percentile

19%

Faster revenue growth than 68% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets85th percentile

Assets

Up

$616,965

Up $414,232 (+204%) from 2023

Liabilities

Up

$353,602

Up $207,301 (+142%) from 2023

Net Assets

Up

$263,363

Up $206,931 (+367%) from 2023

Operations
Liabilities / Revenue74th percentileNet Margin72nd percentile

Revenue

Up

$1,088,702

Up $175,261 (+19%) from 2023

Expenses

Down

$881,771

Down $10,926 (-1.2%) from 2023

Net Income

Up

$206,931

Up $186,187 (+898%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth98th percentile

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

$800K$600K$400K$200K$0Assets 2012: $67,770Liabilities 2012: $41,179Net Assets 2012: $26,5912012Assets 2013: $392,049Liabilities 2013: $143,561Net Assets 2013: $248,4882013Assets 2014: $276,111Liabilities 2014: $145,406Net Assets 2014: $130,7052014Assets 2015: $162,135Liabilities 2015: $30,220Net Assets 2015: $131,9152015Assets 2016: $196,878Liabilities 2016: $28,147Net Assets 2016: $168,7312016Assets 2017: $297,895Liabilities 2017: $9,760Net Assets 2017: $288,1352017Assets 2018: $113,793Liabilities 2018: $75,926Net Assets 2018: $37,8672018Assets 2019: $202,457Liabilities 2019: $21,338Net Assets 2019: $181,1192019Assets 2020: $285,430Liabilities 2020: $80,003Net Assets 2020: $205,4272020Assets 2021: $349,779Liabilities 2021: $76,412Net Assets 2021: $273,3672021Assets 2022: $156,413Liabilities 2022: $120,725Net Assets 2022: $35,6882022Assets 2023: $202,733Liabilities 2023: $146,301Net Assets 2023: $56,4322023Assets 2024: $616,965Liabilities 2024: $353,602Net Assets 2024: $263,3632024

Highlighted filing

2024

Assets$616,965
Liabilities$353,602
Net Assets$263,363
Open 2024 Filing

Operations Trend

Revenue Growth68th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2012: $955,988Expenses 2012: $929,397Net Income 2012: $26,5912012Revenue 2013: $459,570Expenses 2013: $237,673Net Income 2013: $221,8972013Revenue 2014: $406,270Expenses 2014: $524,053Net Income 2014: -$117,7832014Revenue 2015: $328,677Expenses 2015: $327,467Net Income 2015: $1,2102015Revenue 2016: $578,728Expenses 2016: $541,938Net Income 2016: $36,7902016Revenue 2017: $285,437Expenses 2017: $487,796Net Income 2017: -$202,3592017Revenue 2018: $499,182Expenses 2018: $749,450Net Income 2018: -$250,2682018Revenue 2019: $840,593Expenses 2019: $714,591Net Income 2019: $126,0022019Revenue 2020: $957,721Expenses 2020: $933,413Net Income 2020: $24,3082020Revenue 2021: $1,342,057Expenses 2021: $1,274,117Net Income 2021: $67,9402021Revenue 2022: $1,005,250Expenses 2022: $1,242,929Net Income 2022: -$237,6792022Revenue 2023: $913,441Expenses 2023: $892,697Net Income 2023: $20,7442023Revenue 2024: $1,088,702Expenses 2024: $881,771Net Income 2024: $206,9312024

Highlighted filing

2024

Revenue$1,088,702
Expenses$881,771
Net Income$206,931
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$616,965
Liabilities
$353,602
Net assets
$263,363
Revenue
$1,088,702
Expenses
$881,771
Net income
$206,931
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.62$0.35$0.26$1.09$0.88$0.21
2023Detailed filing. Detailed filing data is available for this year.$0.20$0.15$0.06$0.91$0.89$0.02
2022Detailed filing. Detailed filing data is available for this year.$0.16$0.12$0.04$1.01$1.24$0.24
2021Detailed filing. Detailed filing data is available for this year.$0.35$0.08$0.27$1.34$1.27$0.07
2020Detailed filing. Detailed filing data is available for this year.$0.29$0.08$0.21$0.96$0.93$0.02
2019Detailed filing. Detailed filing data is available for this year.$0.20$0.02$0.18$0.84$0.71$0.13
2018Detailed filing. Detailed filing data is available for this year.$0.11$0.08$0.04$0.50$0.75$0.25
2017Detailed filing. Detailed filing data is available for this year.$0.30$0.01$0.29$0.29$0.49$0.20
2016Detailed filing. Detailed filing data is available for this year.$0.20$0.03$0.17$0.58$0.54$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.16$0.03$0.13$0.33$0.33$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.28$0.15$0.13$0.41$0.52$0.12
2013Detailed filing. Detailed filing data is available for this year.$0.39$0.14$0.25$0.46$0.24$0.22
2012Summary only. Only limited summary data is available for this year.$0.07$0.04$0.03$0.96$0.93$0.03
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 12, 2025
Return Version
2024v5.1
Gross Receipts
$1,088,702
Mission and Program Overview

Mission

Ocearch's mission is a data-centric organization working to provide scientists with previously unattainable data through collaborative oceanic research expeditions. They accelerate the ocean's return to balance and abundance through fearless innovations in scientific research, education, outreach, and policy using unique collaborations of individuals and organizations in the u.s and abroad.

See Schedule O

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$170,011$498,260▲ $328,249
Loans From Officers Directors-$190,578-
Pledges and Grants Receivable$28,122$118,705▲ $90,583
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$202,733$616,965▲ $414,232
Other Assets Total$4,600$0▼ $4,600
Liabilities
Accounts Payable and Accrued Expenses$146,301$163,024▲ $16,723
Total Liabilities$146,301$353,602▲ $207,301
Net Assets / Fund Balance
Net Assets With Donor Restrictions$40,501$355,403▲ $314,902
Net Assets Without Donor Restrictions$15,931$-92,040▼ $107,971
Total Net Assets Fund Balance$56,432$263,363▲ $206,931
Total Liabilities and Net Assets / Fund Balance$202,733$616,965▲ $414,232
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Chris FischerChairman
Anthony HsiehDirector
Bill KulczyckiDirector
Greg Schildwachter PH DDirector
John TegnerDirector
Michael AltmanDirector
Riccardo PavoncelliDirector
Peter BordesExecutive Director
Alex ThomasSecretary
Heather BartonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,088,702
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$1,088,702
Change in Net Assets
$206,931
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$613,357
Salaries, Compensation, and Employee Benefits$268,414
Total Fundraising Expense$214,721
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$203,805$8,580$43,692$256,077
Advertising$19,952$32,350$132,119$184,421
Information Technology$49,437$17,656$3,531$70,624
Other Expenses$43,415$12,195$23,085$43,415
Fees for Services Legal-$28,810-$28,810
Conferences and Meetings$10,067$1,678$5,033$16,778
Interest-$13,023-$13,023
Payroll Taxes$10,733$370$1,234$12,337
Fees for Services Accounting-$12,162-$12,162
Insurance$2,158$1,079$1,079$4,316
Travel$2,542-$1,734$4,276
Office Expenses-$1,906-$1,906
Total Functional Expenses$537,241$129,809$214,721$881,771
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

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Chris FischerChairmanSee Sch. O, Supp. InfoNo-

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees-$190,578-
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
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

“Form 990 is prepared from cpa reviewed financial statements and reviewed by the board of directors”

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

“Each year the board of directors and key employees are required to sign a statement regarding any conflicts of interest.”

Form 990, Part VI, Section B, Line 15A

“The organization has written poloicy detailing the process for determining compensation.”

Form 990, Part VI, Section B, Line 15B

“The organization has written poloicy detailing the process for determining compensation.”

Form 990, Part VI, Section C, Line 19

“No documents available to the public.”

Form 990, Part VI - Additional Information

“Chris fischer, chairman of the board of directors, is a member of fischer productions, llc and sole member of ocearch exploration services, which donated services and other resources for research and education.”

Filing and Contact Details

Filer

Filer Name
Ocearch
EIN
80-0708997
Phone
4356458990
Address
1790 Bonanza Drive 101, Park City, UT 84060

Signing Officer

Name
Chris Fischer
Title
Chairman
Signed
2025-06-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chris Fischer
Formed
2011
Legal Domicile
Ut
Voting Board Members
7
Independent Board Members
7
Employees
6

Preparer

Firm
Contigo Solutions
Address
504 W 800 N Ste 21, Orem, UT 84057
Preparer
Brian Basinger
Phone
3854127201
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Form 990 - organization's mission ocearch's mission is a data-centric organization working to provide scientists with previously unattainable data through collaborative oceanic research expeditions. They accelerate the ocean's return to balance and abundance through fearless innovations in scientific research, education, outreach, and policy using unique collaborations of individuals and organizations in the u.s and abroad.”

FORM 990 - ORGANIZATION'S MISSION OR MOST SIGNIFICANT ACTIVITIES

“Ocearch's mission is to conduct, sponsor, or fund research and educate and inform the public on sustainable fisheries management, the identification, reduction and prevention or marine debris, and generally issues affecting the oceans.”

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IRS990/Form990PartVIISectionAGrp/TitleTxt0Chairman
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IRS990/MissionDesc0See Schedule O
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IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-92040
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IRS990/OccupancyGrp/TotalAmt00
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IRS990/OfficeExpensesGrp/TotalAmt01906
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IRS990/OtherExpensesGrp/Desc0Education & Awareness
IRS990/OtherExpensesGrp/Desc1Professional Services
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IRS990/OtherExpensesGrp/FundraisingAmt03214
IRS990/OtherExpensesGrp/FundraisingAmt123085
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt012195
IRS990/OtherExpensesGrp/ProgramServicesAmt0153462
IRS990/OtherExpensesGrp/ProgramServicesAmt141670
IRS990/OtherExpensesGrp/ProgramServicesAmt243415
IRS990/OtherExpensesGrp/TotalAmt0156676
IRS990/OtherExpensesGrp/TotalAmt176950
IRS990/OtherExpensesGrp/TotalAmt243415
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IRS990/OtherSalariesAndWagesGrp/FundraisingAmt043692
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt08580
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IRS990/OtherSalariesAndWagesGrp/TotalAmt0256077
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IRS990/PayrollTaxesGrp/FundraisingAmt01234
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0370
IRS990/PayrollTaxesGrp/ProgramServicesAmt010733
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IRS990/PrincipalOfficerNm0Chris Fischer
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IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01091428
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0920440
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01005250
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01342057
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0904759
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt05263934
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IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01342057
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0904759
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt05263934
IRS990ScheduleA/TotalSupportAmt05263934
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0Chris Fischer
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0Chairman
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0See Sch. O, Supp. Info
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt155578
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0Ops Exp
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1Ops Exp
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt055578
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt155578
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0Team Fisch
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1Chris Fischer
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0Chrmn Owner
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1Chairman
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IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0SCHEDULE L, PART V - ADDITIONAL INFORMATION SCHEDULE L PART IV, LINES 28A AND 28C, DESCRIPTION OF TRANSACTIONS CONT. FROM D LINE 1 FISCHER PRODCTIONS, LLC AND OCEARCH EXPLORATION SERVICES, COMPANIES OWNED BY CHRIS FISCHER, DONATED ADMINISTRATIVE, PROFESSIONAL, AND FILM PRODUCTION SERVICES TO THE ORGANIZATION TOTALING $979,931
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule L, Part V Supplemental Information
IRS990ScheduleL/TotalBalanceDueAmt061156
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS PREPARED FROM CPA REVIEWED FINANCIAL STATEMENTS AND REVIEWED BY THE BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH YEAR THE BOARD OF DIRECTORS AND KEY EMPLOYEES ARE REQUIRED TO SIGN A STATEMENT REGARDING ANY CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION HAS WRITTEN POLOICY DETAILING THE PROCESS FOR DETERMINING COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION HAS WRITTEN POLOICY DETAILING THE PROCESS FOR DETERMINING COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FORM 990 - ORGANIZATION'S MISSION OCEARCH'S MISSION IS A DATA-CENTRIC ORGANIZATION WORKING TO PROVIDE SCIENTISTS WITH PREVIOUSLY UNATTAINABLE DATA THROUGH COLLABORATIVE OCEANIC RESEARCH EXPEDITIONS. THEY ACCELERATE THE OCEAN'S RETURN TO BALANCE AND ABUNDANCE THROUGH FEARLESS INNOVATIONS IN SCIENTIFIC RESEARCH, EDUCATION, OUTREACH, AND POLICY USING UNIQUE COLLABORATIONS OF INDIVIDUALS AND ORGANIZATIONS IN THE U.S AND ABROAD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6OCEARCH'S MISSION IS TO CONDUCT, SPONSOR, OR FUND RESEARCH AND EDUCATE AND INFORM THE PUBLIC ON SUSTAINABLE FISHERIES MANAGEMENT, THE IDENTIFICATION, REDUCTION AND PREVENTION OR MARINE DEBRIS, AND GENERALLY ISSUES AFFECTING THE OCEANS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7CHRIS FISCHER, CHAIRMAN OF THE BOARD OF DIRECTORS, IS A MEMBER OF FISCHER PRODUCTIONS, LLC AND SOLE MEMBER OF OCEARCH EXPLORATION SERVICES, WHICH DONATED SERVICES AND OTHER RESOURCES FOR RESEARCH AND EDUCATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990 - ORGANIZATION'S MISSION OR MOST SIGNIFICANT ACTIVITIES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VI - ADDITIONAL INFORMATION
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0537241
IRS990/TotalFunctionalExpensesGrp/TotalAmt0881771
IRS990/TotalGrossUBIAmt00

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