Civic Intelligence

Innoceana

EIN 84-4780735 • 501(c)3 • Kentfield, CA

Profile

Innoceana's mission is to preserve the ocean for future generations by creating a global network of marine conservation centers that conduct innovative research and educate coastal communities. Innoceana works towards inspiring active change with the global community through education, research, storytelling, and participation.

85 Lancaster AveKentfield, CA 94904

www.innoceana.org

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Liabilities / Revenue

34th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Net Margin

16th percentile

-19%

Higher net margin than 16% of similar nonprofits.

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

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

9th percentile

-28%

Faster asset growth than 9% of similar nonprofits.

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

Revenue Growth

11th percentile

-30%

Faster revenue growth than 11% of similar nonprofits.

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

Assets

Down

$274,366

Down $105,900 (-28%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$274,366

Down $105,900 (-28%) from 2023

Revenue

Down

$563,924

Down $243,263 (-30%) from 2023

Expenses

Up

$669,825

Up $132,270 (+25%) from 2023

Net Income

Down

-$105,901

Down $375,533 (-139%) from 2023

Trend Graphs

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2021: $55,759Net Assets 2021: $55,7592021Assets 2022: $110,252Liabilities 2022: $0Net Assets 2022: $110,2522022Assets 2023: $380,266Liabilities 2023: $0Net Assets 2023: $380,2662023Assets 2024: $274,366Liabilities 2024: $0Net Assets 2024: $274,3662024

Highlighted filing

2024

Assets$274,366
Liabilities$0
Net Assets$274,366

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2021: $143,799Expenses 2021: $88,140Net Income 2021: $55,6592021Revenue 2022: $197,770Expenses 2022: $143,277Net Income 2022: $54,4932022Revenue 2023: $807,187Expenses 2023: $537,555Net Income 2023: $269,6322023Revenue 2024: $563,924Expenses 2024: $669,825Net Income 2024: -$105,9012024

Highlighted filing

2024

Revenue$563,924
Expenses$669,825
Net Income-$105,901

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 13, 2025
Return Version
2024v5.0
Gross Receipts
$563,924
Mission and Program Overview

Mission

Innoceana's mission is to preserve the ocean for future generations by creating a global network of marine conservation centers that conduct innovative research and educate coastal communities. Innoceana works towards inspiring active change with the global community through education, research, storytelling, and participation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$351,488$232,891▼ $118,597
Inventories for Sale or Use$11,628$23,084▲ $11,456
Cash and Non-Interest-Bearing Accounts$17,150$18,391▲ $1,241
Total Assets$380,266$274,366▼ $105,900
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$380,266$274,366▼ $105,900
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$380,266$274,366▼ $105,900
Total Liabilities and Net Assets / Fund Balance$380,266$274,366▼ $105,900
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Carlos Mallo MolinaChief Executive OfficerPT$65,000$65,000
Christopher ParkerChief Operating OfficerPT$30,000$30,000

Board Members and Trustees

NameTitle
Taylor CoccariBoard President
Lisa SholleyBoard Vice President
Eric LarsenBoard Member
Mariano CastroBoard Member
Nicholas RawleyBoard Member
Rebecca FriendlyBoard Member
Stacie JaramilloBoard Member
Stuart FraenkelBoard Member
Cindy ZeiglerBoard Secretary
Benjamin CainBoard Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$405,308
Program Service Revenue
$146,193
Investment Income
$6,402
Other Revenue
$6,021
All Other Contributions
$405,308
Change in Net Assets
$-105,901
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$345,301
Salaries, Compensation, and Employee Benefits$270,857
Other Expenses$53,667
Total Fundraising Expense$17,714
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$345,301--$345,301
Other Salaries and Wages$172,570$3,248$0$175,818
Current Officers, Directors, Trustees, and Key Employees$56,000$26,000$13,000$95,000
Advertising$2,664$7,462$4,382$14,508
Travel$11,732$890-$12,622
All Other Expenses$5,304$6,860$332$12,496
Fees for Services Accounting-$8,700-$8,700
Information Technology$2,411$1,849-$4,260
Office Expenses$891$190$0$1,081
Payroll Taxes-$39-$39
Total Functional Expenses$596,873$55,238$17,714$669,825
International Activity

International Summary

Offices
2
Employees
11
Spending
$345,301

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Central America and the CaribbeanProgram ServicesServices provided by teh grant include various marine conservation activities in Costa Rica, such as hands-on coral restoration projects (notably at Isla del Caño), and conducting marine research to enhance biodiversity and ecosystem resilience. The grant also supports efforts such as the development of scalable marine restoration protocols and education efforts for the establishment of marine protected areas, such as the proposed Reserva Marina Álvaro Ugalde Víquez.16$255,000
Europe (including Iceland and Greenland)Program ServicesServices provided by the grant include hands-on research and marine restoration projects. Specific initiatives include seagrass restoration, coral monitoring, turtle identification, and underwater cleanups. The Spanish organization offers internships that provide training in conservation diving, citizen science, and environmental education, fostering local and international community engagement. Additionally, Innoceana hosted various events to raise awareness and inspire action.15$90,301
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
Governance and Compliance

Governance Checklist

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

The organization provides a copy of the Form 990 to the Board of Directors via email. The Board is then able to provide edits or suggestions before the document is submitted to the IRS.

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

Yes, there is an annual review process in which conflicts of interest are disclosed.

Form 990, Part VI, Section B, Line 15

The organization compares salary information for comparable positions at comparably sized organizations to Innoceana. That benchmark guides the Board of Directors in setting a commensurate level of pay at Innoceana.

Form 990, Part VI, Section C, Line 18

Innoceana makes its governing documents, conflicts of interest policy, and financial statements available to the public upon request for information.

Form 990, Part VI, Section C, Line 19

Upon request

Filing and Contact Details

Filer

Filer Name
Innoceana
EIN
84-4780735
Phone
5109189758
Address
85 Lancaster Ave, Kentfield, CA 94904

Signing Officer

Name
Ben Cain
Title
Treasurer
Phone
5109189758
Signed
2025-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ben Cain
Formed
2020
Legal Domicile
CA
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
15

Preparer

Firm
100 Degrees Consulting
Address
PO Box 222, Clarence Center, NY 14032
Preparer
Stephanie Skryzowski
Phone
6786324534
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

All other services provided were contractual services in support of Innoceana's programming and activities.

Form 990, Part XII, Line 1

Innoceana changed its accounting method from cash to accrual to better comply with Generally Accepted Accounting Principles in the United States.

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IRS990/PYRevenuesLessExpensesAmt0269632
IRS990/PYSalariesCompEmpBnftPaidAmt0193080
IRS990/PYTotalExpensesAmt0537555
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0807187
IRS990/ReconcilationRevenueExpnssAmt0-105901
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0136545
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0351488
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0232891
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0405308
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0664383
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0197517
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt048203
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01315411
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0152214
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0475836
IRS990ScheduleA/SubstantialContributorsTotAmt0839575
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0405308
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0664383
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0197517
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt048203
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01315411
IRS990ScheduleA/TotalSupportAmt01315411
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt05
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt16
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt01
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt11
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt090301
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt1255000
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0Europe (including Iceland and Greenland)
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1Central America and the Caribbean
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0Services provided by the grant include hands-on research and marine restoration projects. Specific initiatives include seagrass restoration, coral monitoring, turtle identification, and underwater cleanups. The Spanish organization offers internships that provide training in conservation diving, citizen science, and environmental education, fostering local and international community engagement. Additionally, Innoceana hosted various events to raise awareness and inspire action.
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt1Services provided by teh grant include various marine conservation activities in Costa Rica, such as hands-on coral restoration projects (notably at Isla del Caño), and conducting marine research to enhance biodiversity and ecosystem resilience. The grant also supports efforts such as the development of scalable marine restoration protocols and education efforts for the establishment of marine protected areas, such as the proposed Reserva Marina Álvaro Ugalde Víquez.
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0Program Services
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1Program Services
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/GrantRecordsMaintainedInd01
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt0255000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt190301
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt00
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0The grants supported various marine conservation activities in Costa Rica, such as hands-on coral restoration projects (notably at Isla del Caño), and conducts marine research to enhance biodiversity and ecosystem resilience. The grant also supports efforts such as the development of scalable marine restoration protocols and education efforts for the establishment of marine protected areas, such as the proposed Reserva Marina Álvaro Ugalde Víquez.
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt1The grants were used to support various projects in Spain, including hands-on research and marine restoration projects. Specific initiatives include seagrass restoration, coral monitoring, turtle identification, and underwater cleanups. The Spanish organization offers internships that provide training in conservation diving, citizen science, and environmental education, fostering local and international community engagement. Additionally, Innoceana hosts various events to raise awareness and inspire action.
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0Central America and the Caribbean
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt1Europe (including Iceland and Greenland)
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc0fair market value
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc1fair market value
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0Prior to awarding the grant, the organization conducts due diligence on the grantee, including site visits prior and during the grant period. Communication: There is regular communication with the grantee, including progress reports, receipts, and other supporting documentation related to expenses incurred by the grantee. The board of directors gets monthly budget and operational updates. Documentation Retention: Both the organization and the grantee maintain thorough records of all financial spending, including reports that detail how the funds are being used, a breakdown of expenses, receipts, and any financial documentation. Governance: Our Executive Director, Carlos Mallo, is on the board of directors for each of the recipient organizations, and travels frequently to visit operations in person.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule F, Part I, Line 2
IRS990ScheduleF/Total501c3OrgCnt02
IRS990ScheduleF/TotalEmployeeCnt011
IRS990ScheduleF/TotalOfficeCnt02
IRS990ScheduleF/TotalOtherOrgCnt00
IRS990ScheduleF/TotalSpentAmt0345301
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The organization provides a copy of the Form 990 to the Board of Directors via email. The Board is then able to provide edits or suggestions before the document is submitted to the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Yes, there is an annual review process in which conflicts of interest are disclosed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The organization compares salary information for comparable positions at comparably sized organizations to Innoceana. That benchmark guides the Board of Directors in setting a commensurate level of pay at Innoceana.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Innoceana makes its governing documents, conflicts of interest policy, and financial statements available to the public upon request for information.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Upon request
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5All other services provided were contractual services in support of Innoceana's programming and activities.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Innoceana changed its accounting method from cash to accrual to better comply with Generally Accepted Accounting Principles in the United States.
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 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part XII, Line 1
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0380266
IRS990/TotalAssetsEOYAmt0274366
IRS990/TotalAssetsGrp/BOYAmt0380266
IRS990/TotalAssetsGrp/EOYAmt0274366
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0405308
IRS990/TotalEmployeeCnt00

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