Civic Intelligence

Ocean Tides Christian Brothers

EIN 81-6531459 • 501(c)3 • Narragansett, RI

Profile

The ocean tides christian brothers charitable trust's mission is the care and support of the charitable, educational, and religious mission of ocean tides, inc. The ocean tides christian brothers charitable trust focuses its interest and concerns in providing support to maintain and continue a level of care and support, consistent with the ocean tides, inc. And ocean tides christian brothers trust shared lasallian mission.

635 Ocean RoadNarragansett, RI 02882
Siviq Scores

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

Liabilities / Assets

37th percentile

0.00x

Higher debt load relative to assets than 37% of similar nonprofits.

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

Liabilities / Revenue

44th percentile

0.01x

Higher debt load relative to revenue than 44% of similar nonprofits.

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

Net Margin

56th percentile

7.2%

Higher net margin than 56% of similar nonprofits.

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

Top Officer Pay

95th percentile

$170,064

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 142.2% of source-year revenue.

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

Asset Growth

56th percentile

5.5%

Faster asset growth than 56% of similar nonprofits.

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

Revenue Growth

24th percentile

-12%

Faster revenue growth than 24% of similar nonprofits.

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

Assets

Up

$748,152

Up $38,923 (+5.5%) from 2023

Liabilities

Down

$857

Down $182 (-18%) from 2023

Net Assets

Up

$747,295

Up $39,105 (+5.5%) from 2023

Revenue

Down

$119,636

Down $16,601 (-12%) from 2023

Expenses

Down

$110,963

Down $14,131 (-11%) from 2023

Net Income

Down

$8,673

Down $2,470 (-22%) from 2023

Trend Graphs

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2016: $291,493Liabilities 2016: $0Net Assets 2016: $291,4932016Assets 2017: $402,199Liabilities 2017: $23,745Net Assets 2017: $378,4542017Assets 2018: $437,057Liabilities 2018: $1,934Net Assets 2018: $435,1232018Assets 2019: $544,685Liabilities 2019: $5,040Net Assets 2019: $539,6452019Assets 2020: $665,842Liabilities 2020: $175Net Assets 2020: $665,6672020Assets 2021: $592,173Liabilities 2021: $1,314Net Assets 2021: $590,8592021Assets 2022: $643,997Liabilities 2022: $0Net Assets 2022: $643,9972022Assets 2023: $709,229Liabilities 2023: $1,039Net Assets 2023: $708,1902023Assets 2024: $748,152Liabilities 2024: $857Net Assets 2024: $747,2952024

Highlighted filing

2024

Assets$748,152
Liabilities$857
Net Assets$747,295

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2016: $560,797Expenses 2016: $269,304Net Income 2016: $291,4932016Revenue 2017: $204,657Expenses 2017: $117,696Net Income 2017: $86,9612017Revenue 2018: $316,038Expenses 2018: $257,065Net Income 2018: $58,9732018Revenue 2019: $155,055Expenses 2019: $88,888Net Income 2019: $66,1672019Revenue 2020: $195,970Expenses 2020: $103,615Net Income 2020: $92,3552020Revenue 2021: $185,600Expenses 2021: $309,219Net Income 2021: -$123,6192021Revenue 2022: $194,387Expenses 2022: $74,534Net Income 2022: $119,8532022Revenue 2023: $136,237Expenses 2023: $125,094Net Income 2023: $11,1432023Revenue 2024: $119,636Expenses 2024: $110,963Net Income 2024: $8,6732024

Highlighted filing

2024

Revenue$119,636
Expenses$110,963
Net Income$8,673

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 9, 2025
Return Version
2024v5.0
Gross Receipts
$144,862
Mission and Program Overview

Mission

The ocean tides christian brothers charitable trust's mission is the care and support of the charitable, educational, and religious mission of ocean tides, inc. The ocean tides christian brothers charitable trust focuses its interest and concerns in providing support to maintain and continue a level of care and support, consistent with the ocean tides, inc. And ocean tides christian brothers trust shared lasallian mission.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$539,813$591,312▲ $51,499
Cash and Non-Interest-Bearing Accounts$160,388$129,682▼ $30,706
Accounts Receivable$4,478$16,349▲ $11,871
Total Assets$709,229$748,152▲ $38,923
Other Assets Total$4,550$10,809▲ $6,259
Liabilities
Accounts Payable and Accrued Expenses$1,039$857▼ $182
Total Liabilities$1,039$857▼ $182
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$656,917$696,022▲ $39,105
Net Assets With Donor Restrictions$51,273$51,273→ $0
Total Net Assets Fund Balance$708,190$747,295▲ $39,105
Total Liabilities and Net Assets / Fund Balance$709,229$748,152▲ $38,923
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$44,896
Program Service Revenue
$27,900
Investment Income
$21,066
Other Revenue
$25,774
All Other Contributions
$38,796
Change in Net Assets
$8,673
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$110,963
Total Fundraising Expense$18,957
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other--$9,738$9,738
Advertising--$9,219$9,219
Other Expenses$4,790--$4,790
Office Expenses-$2,623-$2,623
Fees for Services Accounting-$1,300-$1,300
Fees for Services Legal-$1,170-$1,170
Total Functional Expenses$86,913$5,093$18,957$110,963
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$51,000
Fundraising Direct Expenses$25,226
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Spring Fundrais$25,501$25,501$321$25,180
Open House/cook$31,599$25,499$2,891$22,608
Total Events$57,100$51,000$25,226$25,774
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Copies of the form 990 are made available to the borad of trustees for their review prior to filing.

Form 990, Page 6, Part VI, Line 19

All are available upon request to the secretary of the trust. Documents can be viewed at 635 ocean rd, narragansett, ri.

Filing and Contact Details

Filer

Filer Name
Ocean Tides Christian Brothers
EIN
81-6531459
Phone
4017891016
Address
635 OCEAN ROAD, NARRAGANSETT, RI 02882

Signing Officer

Name
Brian Sullivan
Title
President
Phone
4017891016
Signed
2025-05-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brian Sullivan
Formed
2016
Legal Domicile
Ri
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
10

Preparer

Firm
Cavanagh Cpas & Associates LLC
Address
2346 POST RD SUITE 204, WARWICK, RI 02886
Preparer
Paul J Cavanagh
Phone
4016163700
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The ocean tides christian brothers charitable trust's mission is the care and support of the charitable, educational, and religious mission of ocean tides, inc. The ocean tides christian brothers charitable trust focuses its interest and concerns in providing support to maintain and continue a level of care and support, consistent with the ocean tides, inc. And ocean tides christian brothers trust shared lasallian mission.

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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt025501
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt051000
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt025774
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt03212
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt02891
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt0321
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt0600
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt015914
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt016514
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0126552
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt043512
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0BRIAN SULLIVAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0170064
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE OCEAN TIDES CHRISTIAN BROTHERS CHARITABLE TRUST'S MISSION IS THE CARE AND SUPPORT OF THE CHARITABLE, EDUCATIONAL, AND RELIGIOUS MISSION OF OCEAN TIDES, INC. THE OCEAN TIDES CHRISTIAN BROTHERS CHARITABLE TRUST FOCUSES ITS INTEREST AND CONCERNS IN PROVIDING SUPPORT TO MAINTAIN AND CONTINUE A LEVEL OF CARE AND SUPPORT, CONSISTENT WITH THE OCEAN TIDES, INC. AND OCEAN TIDES CHRISTIAN BROTHERS TRUST SHARED LASALLIAN MISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COPIES OF THE FORM 990 ARE MADE AVAILABLE TO THE BORAD OF TRUSTEES FOR THEIR REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL ARE AVAILABLE UPON REQUEST TO THE SECRETARY OF THE TRUST. DOCUMENTS CAN BE VIEWED AT 635 OCEAN RD, NARRAGANSETT, RI.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0true
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0true
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd1false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0USCCB
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine2Txt0US CATHOLIC CONF OF BISHOPS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0CHRISTIAN BROTHERS CENTERCOMMUNITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1OCEAN TIDES INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0050285644
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1050366306
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0RI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1RI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SUPPORT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1SUPPORT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt12
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0635 OCEAN ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1635 OCEAN ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0NARRAGANSETT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1NARRAGANSETT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0RI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1RI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd002882
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd102882
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0true
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/SupplementalInformationDetail/ExplanationTxt0OCEAN TIDES CHRISTIAN BROTHERS CHARITABLE TRUST IS EXEMPT UNDER SECTION 501(C)(3)OF THE IRC UNDER THE UNITED STATES CONFERENCE OF CATHOLIC BISHOPS (EIN 53-0196617), GROUP EXEMPTION NUMBER 0928.
IRS990ScheduleR/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE R
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt027900
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt16100
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt225053
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0OCEAN TIDES INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1CHRISTIAN BROTHERS CENTER
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt2OCEAN TIDES INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0J
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1C
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt2B
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0709229
IRS990/TotalAssetsEOYAmt0748152
IRS990/TotalAssetsGrp/BOYAmt0709229
IRS990/TotalAssetsGrp/EOYAmt0748152
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt044896
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt018957
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt05093
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt086913
IRS990/TotalFunctionalExpensesGrp/TotalAmt0110963
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01039
IRS990/TotalLiabilitiesEOYAmt0857
IRS990/TotalLiabilitiesGrp/BOYAmt01039
IRS990/TotalLiabilitiesGrp/EOYAmt0857
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0708190
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0747295
IRS990/TotalOtherCompensationAmt043512
IRS990/TotalProgramServiceExpensesAmt086913
IRS990/TotalProgramServiceRevenueAmt027900
IRS990/TotalRevenueGrp/ExclusionAmt021066
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt027900
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0119636
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0709229
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0748152
IRS990/TotReportableCompRltdOrgAmt0126552
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0true
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0635 OCEAN RD
IRS990/USAddress/CityNm0NARRAGANSETT
IRS990/USAddress/StateAbbreviationCd0RI
IRS990/USAddress/ZIPCd002882
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WhistleblowerPolicyInd0false

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