Civic Intelligence

Save Our Shores

990 • Fiscal year 2015 • EIN 94-2745941

Jan 01, 2015 to Dec 31, 2015 • Filed on Sep 15, 2016

345 Lake AvenueSanta Cruz, CA 95062

(831) 462-5660

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

79th percentile

0.13x

Higher debt load relative to assets than 79% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

75th percentile

0.04x

Higher debt load relative to revenue than 75% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

34th percentile

-2.9%

Higher net margin than 34% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

83rd percentile

$21,000

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 4.6% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

12th percentile

-37%

Faster asset growth than 12% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

14th percentile

-36%

Faster revenue growth than 14% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$155,572

Down $90,833 (-37%) from 2014

Net Assets

Down

$135,361

Down $65,365 (-33%) from 2014

Liabilities

Down

$20,211

Down $25,468 (-56%) from 2014

Revenue

Down

$455,680

Down $255,610 (-36%) from 2014

Expenses

Down

$468,720

Down $233,169 (-33%) from 2014

Net Income

Down

-$13,040

Down $22,441 (-239%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2010: $306,221Liabilities 2010: $16,307Net Assets 2010: $289,9142010Assets 2011: $140,918Liabilities 2011: $10,060Net Assets 2011: $130,8582011Assets 2012: $226,931Liabilities 2012: $15,874Net Assets 2012: $211,0572012Assets 2013: $204,690Liabilities 2013: $10,169Net Assets 2013: $194,5212013Assets 2014: $246,405Liabilities 2014: $45,679Net Assets 2014: $200,7262014Assets 2015: $155,572Liabilities 2015: $20,211Net Assets 2015: $135,3612015Assets 2016: $197,263Liabilities 2016: $61,584Net Assets 2016: $135,6792016Assets 2017: $177,632Liabilities 2017: $28,340Net Assets 2017: $149,2922017Assets 2018: $270,071Liabilities 2018: $24,709Net Assets 2018: $245,3622018Assets 2019: $249,569Liabilities 2019: $30,501Net Assets 2019: $219,0682019Assets 2020: $231,264Liabilities 2020: $16,576Net Assets 2020: $214,6882020Assets 2021: $310,343Liabilities 2021: $35,741Net Assets 2021: $274,6022021Assets 2022: $373,961Liabilities 2022: $5,103Net Assets 2022: $368,8582022Assets 2023: $350,356Liabilities 2023: $11,176Net Assets 2023: $339,1802023Assets 2024: $443,045Liabilities 2024: $2,095Net Assets 2024: $440,9502024

Highlighted filing

2015

Assets$155,572
Liabilities$20,211
Net Assets$135,361

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KRevenue 2010: $708,364Expenses 2010: $509,492Net Income 2010: $198,8722010Revenue 2011: $385,399Expenses 2011: $553,872Net Income 2011: -$168,4732011Revenue 2012: $639,431Expenses 2012: $559,232Net Income 2012: $80,1992012Revenue 2013: $583,935Expenses 2013: $606,237Net Income 2013: -$22,3022013Revenue 2014: $711,290Expenses 2014: $701,889Net Income 2014: $9,4012014Revenue 2015: $455,680Expenses 2015: $468,720Net Income 2015: -$13,0402015Revenue 2016: $559,186Expenses 2016: $582,308Net Income 2016: -$23,1222016Revenue 2017: $557,583Expenses 2017: $549,824Net Income 2017: $7,7592017Revenue 2018: $674,797Expenses 2018: $558,721Net Income 2018: $116,0762018Revenue 2019: $534,101Expenses 2019: $576,229Net Income 2019: -$42,1282019Revenue 2020: $445,788Expenses 2020: $456,266Net Income 2020: -$10,4782020Revenue 2021: $558,453Expenses 2021: $507,769Net Income 2021: $50,6842021Revenue 2022: $565,104Expenses 2022: $460,770Net Income 2022: $104,3342022Revenue 2023: $552,280Expenses 2023: $590,776Net Income 2023: -$38,4962023Revenue 2024: $719,552Expenses 2024: $623,280Net Income 2024: $96,2722024

Highlighted filing

2015

Revenue$455,680
Expenses$468,720
Net Income-$13,040
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Sep 15, 2016
Return Version
2015v2.0
Gross Receipts
$455,680
Mission and Program Overview

Mission

The organizations mission is to steward clean shores, healthy habitats, and living waters to foster a thriving monterey bay and monterey bay national marine sanctuary. We focus on these three areas because we believe they are the most critical conditions for a healthy marine ecosystem.

The organization mission is caring for the marine environment through ocean awareness, advocacy, and citizen action. The most significant activities during the year were ocean and river cleanups, marine educational programs, reducing plastic pollution and ocean awareness.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$63,670$76,600▲ $12,930
Savings and Temporary Cash Investments$30,107$10,201▼ $19,906
Land, Buildings, and Equipment, Net$3,359$2,228▼ $1,131
Inventories for Sale or Use$2,379$1,154▼ $1,225
Prepaid Expenses and Deferred Charges-$150-
Accounts Receivable$77,101$70▼ $77,031
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$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-
Intangible Assets-$0-
Total Assets$246,405$155,572▼ $90,833
Other Assets Total$69,789$65,169▼ $4,620
Liabilities
Unsecured Notes Loans Payable$25,000--
Accounts Payable and Accrued Expenses$11,875$10,313▼ $1,562
Other Liabilities$8,804$9,898▲ $1,094
Total Liabilities$45,679$20,211▼ $25,468
Net Assets / Fund Balance
Temporarily Rstr Net Assets$197,481$123,346▼ $74,135
Unrestricted Net Assets$3,245$12,015▲ $8,770
Total Net Assets Fund Balance$200,726$135,361▼ $65,365
Total Liabilities and Net Assets / Fund Balance$246,405$155,572▼ $90,833

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$36,203$36,203
Equipment$2,228$10,178$12,406
Other Assets Org$1--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
KATHERINE O'DEAExecutive DirectorPT$21,000$21,000
Laura KasaExecutive DirectorPT$14,208$14,208

Board Members and Trustees

NameTitle
Margaret CollinsBoard Chair
Martel AndersonVice Chair
Abigal DavisDirector
Dennis NortonDirector
Jason ScorseDirector
Ken SutherlandDirector
Mark StoneDirector
Nancy ConnellyDirector
Wallace J NicholsDirector
Vicki PearseSecretary
George LeonardTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$398,776
Program Service Revenue
$56,899
Investment Income
$5
Other Revenue
$0
All Other Contributions
$390,138
Change in Net Assets
$-13,040

Audited Revenue Reconciliation

Revenue per Audited Statements
$455,680
Total Revenue per Audited Statements
$455,680
Total Revenue per Form 990
$455,680
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$248,574
Other Expenses$220,146
Total Fundraising Expense$98,063
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$128,573$22,342$13,248$164,163
Fees for Services Other$19,802$17,962$56,510$94,274
Current Officers, Directors, Trustees, and Key Employees$19,704$7,752$7,752$35,208
Other Employee Benefits$26,866$1,164$1,544$29,574
Occupancy$20,027--$20,027
Payroll Taxes$14,418$3,170$2,041$19,629
Advertising$17,247-$1,100$18,347
Fees for Services Accounting-$15,368-$15,368
Travel$5,623$3$296$5,922
Insurance$5,404--$5,404
All Other Expenses$3,499$-470$2,098$5,127
Other Expenses$2,956-$233$2,956
Office Expenses$2,351$27-$2,378
Depreciation Depletion-$1,131-$1,131
Interest$653$230-$883
Conferences and Meetings$116-$141$257
Total Functional Expenses$301,978$68,679$98,063$468,720

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$468,720
Total Expenses per Audited Statements$468,720
Total Expenses per Form 990$468,720
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
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Payroll Liabilities$9,898
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Audit committee
No
Backup withholding compliance
Yes
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
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, Line 11B: Form 990 Review Process

The completed 990 is incorporated into the board meeting packet for the next scheduled meeting. Board members are requested/expected to review the 990 prior to the meeting and come prepared with questions or comments. Assuming there are no issues to be referred back to our accountant, the board votes to accept the 990 and the vote is recorded in the minutes of the meeting.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Save Our Shores has a Conflict of Interest Policy. As individuals join Save Our Shores they are given a packet of information and an orientation during which all material in the packet is reviewed. The Conflict of Interest Policy is one of the documents new board members receive. The policy is enforced in part by the honor system, i.e., with the expectation that a board member will disclose any potential conflicts. Generally when board votes relative to contract award, there is a call for disclosure of potential conflicts of interest prior taking the vote.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

The Executive Director's original salary is determined by considering local market salary studies, financial position of the organization at hiring and level of experience of the final candidate. ED's salary is determined on an annual basis by a 360 performance review with scoring and weighting to determine if a salary increase is merited or not.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The disclosure of governing documents, policies, and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Save Our Shores
EIN
94-2745941
Phone
8314625660
Address
345 LAKE AVENUE, SANTA CRUZ, CA 95062

Signing Officer

Name
Vicki Pearse
Title
Secretary
Signed
2016-09-15
Discuss with paid preparer
Yes

Organization Details

Formed
1978
Legal Domicile
CA
Voting Board Members
11
Independent Board Members
11
Employees
11
Volunteers
5,000

Preparer

Firm
Patricia A Beckwith CPA
Address
PO BOX 202, APTOS, CA 95001
Preparer
Patricia A Beckwith CPA
Phone
8316610665
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Decreases

Prior year balance restated = -$47674

Financial Statement Notes

Part X : FIN48 Footnote

Save Our Shores is exempt from taxation under Internal Revenue Code Section 501(c)(3) and California Revenue and Taxation Code Section 23701d.Generally accepted accounting principles provide accounting and disclosure guidance about positions taken by an organization on its tax returns that might be uncertain. Management has considered its tax positions and believes that all of the positions taken by the Organization in its federal and state exempt organization tax returns are more likely than not to be sustained upon examination. The Organizations returns are subject to examination by federal and state taxing authorities, generally for three and four years respectively, after they are filed.

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IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
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IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt9Board Chair
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IRS990/OtherAssetsTotalGrp/BOYAmt069789
IRS990/OtherAssetsTotalGrp/EOYAmt065169
IRS990/OtherChangesInNetAssetsAmt0-47674
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt01544
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01164
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IRS990/OtherExpensesGrp/FundraisingAmt1233
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IRS990/OtherExpensesGrp/ProgramServicesAmt28759
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IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt02041
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03170
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IRS990/PayrollTaxesGrp/TotalAmt019629
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IRS990/PoliticalCampaignActyInd0false
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IRS990/ProfessionalFundraisingInd0false
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IRS990/PYInvestmentIncomeAmt04
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IRS990/PYOtherExpensesAmt0272296
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IRS990/PYProgramServiceRevenueAmt026777
IRS990/PYRevenuesLessExpensesAmt09401
IRS990/PYSalariesCompEmpBnftPaidAmt0429593
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IRS990/PYTotalRevenueAmt0711290
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IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-13040
IRS990/RegularMonitoringEnfrcInd0true
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IRS990/ReportLandBuildingEquipmentInd0true
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0542124
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0378412
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt08
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt023
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0101
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IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt040732
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt041803
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt035028
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt019618
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0143775
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IRS990ScheduleA/PublicSupportPY170Pct00.94670
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IRS990ScheduleA/SubstantialContributorsTotAmt00
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0643777
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0597655
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0378412
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02554150
IRS990ScheduleA/TotalSupportAmt02698066
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.43$0.02$4.41$7.20$6.23$0.96
2023Detailed filing. Detailed filing data is available for this year.$3.50$0.11$3.39$5.52$5.91$0.38
2022Detailed filing. Detailed filing data is available for this year.$3.74$0.05$3.69$5.65$4.61$1.04
2021Detailed filing. Detailed filing data is available for this year.$3.10$0.36$2.75$5.58$5.08$0.51
2020Detailed filing. Detailed filing data is available for this year.$2.31$0.17$2.15$4.46$4.56$0.10
2019Detailed filing. Detailed filing data is available for this year.$2.50$0.31$2.19$5.34$5.76$0.42
2018Detailed filing. Detailed filing data is available for this year.$2.70$0.25$2.45$6.75$5.59$1.16
2017Detailed filing. Detailed filing data is available for this year.$1.78$0.28$1.49$5.58$5.50$0.08
2016Detailed filing. Detailed filing data is available for this year.$1.97$0.62$1.36$5.59$5.82$0.23
2015Detailed filing. Detailed filing data is available for this year.$1.56$0.20$1.35$4.56$4.69$0.13
2014Detailed filing. Detailed filing data is available for this year.$2.46$0.46$2.01$7.11$7.02$0.09
2013Detailed filing. Detailed filing data is available for this year.$2.05$0.10$1.95$5.84$6.06$0.22
2012Summary only. Only limited summary data is available for this year.$2.27$0.16$2.11$6.39$5.59$0.80
2011Summary only. Only limited summary data is available for this year.$1.41$0.10$1.31$3.85$5.54$1.68
2010Summary only. Only limited summary data is available for this year.$3.06$0.16$2.90$7.08$5.09$1.99