2022-10-12T07:30:40-05:00 2021-12-31 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2021-01-01 824972091 SUSTAINABLE OCEAN ALLIANCE INC SUST 7735579137 1160 BATTERY ST 100 SAN FRANCISCO CA 94111 DANIELA FERNANDEZ CEO 7735579137 2022-10-12 1 DANIELA FERNANDEZ 999009999 RICHARD J LOCASTRO CPA P00288314 3019519090 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z DANIELA FERNANDEZ 1160 BATTERY ST 100 SAN FRANCISCO CA 94111 3228934 0 X WWW.SOALLIANCE.ORG X 2018 DE SEE PART III, LINE 1. 4 3 18 3 0 0 2635905 3203144 26236 25000 202 790 0 0 2662343 3228934 74650 305204 0 0 1020900 1699291 0 147000 404464 1757753 1864097 2853303 4015592 -190960 -786658 5662452 4770789 252466 147461 5409986 4623328 SUSTAINABLE OCEAN ALLIANCE EMPOWERS THE NEXT GENERATION TO BECOME LEADERS IN PRESERVING THE HEALTH AND SUSTAINABILITY OF OUR OCEAN. 0 0 1510343 305204 THE OCEAN LEADERSHIP PROGRAM SUPPORTS OCEAN LEADERS WHO ARE ACTIVELY RAISING AWARENESS OF OCEAN CHALLENGES IN THEIR COMMUNITIES, CREATING OCEAN SOLUTIONS, AND INFLUENCING OTHERS TO TAKE OCEAN ACTION. YOUNG OCEAN LEADERS ARE MEMBERS OF THE SOA COMMUNITY WHO ARE UNDER 35 YEARS OF AGE AND HAVE DEMONSTRATED A CONCRETE COMMITMENT TO UN SDG14: LIFE BELOW WATER. OVERALL, SOA'S GLOBAL NETWORK OF YOUNG OCEAN LEADERS ARE SPEARHEADING PROJECTS THAT ADDRESS THE CAUSES OF OCEAN HARM SUCH AS UNSUSTAINABLE FISHING, MARINE POLLUTION, AND HABITAT DESTRUCTION IN OVER 150 COUNTRIES WORLDWIDE. 1489533 25000 THE OCEAN SOLUTIONS ACCELERATOR IS A FIRST-OF-ITS-KIND INITIATIVE FOR INNOVATORS TACKLING OUR MOST CRITICAL OCEAN CHALLENGES. THIS PROGRAM HOSTS COHORTS THAT INCLUDE IMMERSIVE CONTENT, HANDS-ON MENTORSHIP, AND TRANSFORMATIVE RELATIONSHIP-BUILDING. IN 2020, NINE STARTUPS FROM SEVEN COUNTRIES PARTICIPATED IN THE FIRST VIRTUAL ACCELERATOR: OVER JUST 4 WEEKS, ENTREPRENEURS PARTICIPATED IN 35 SESSIONS FEATURING 29 SPEAKERS & FACILITATORS AND MADE OVER 60 NEW CONNECTIONS WITH SOA MENTORS. 2999876 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 1 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 35 0 1 18 1 0 0 0 0 0 0 0 0 0 0 0 0 X 4 3 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 1 0 AL AR CA FL GA HI KS KY MD MA MI MS NH NJ NM OR PA RI SC UT VA WV WI X DANIELA FERNANDEZ 7735579137 1160 BATTERY ST 100 SAN FRANCISCO CA 94111 DANIELA FERNANDEZ CEO & CHAIR 40.00 X X 279705 0 11859 ROBERT G O'CONNOR TREASURER 1.00 X X 0 0 0 ERIC BRISSON SECRETARY 1.00 X X 0 0 0 PIERRE RAMADIER DIRECTOR 1.00 X 0 0 0 CHRISTOPHER WALKER COO (BEG. 04/05/21) 40.00 X 149359 0 17914 CRAIG DUDENHOEFFER CHIEF INNOVATION OFFICER 40.00 X 203346 0 2700 BRANDON LEVY CHIEF PROGRAM OFFICER 40.00 X 139228 0 12574 MARTHA CAVAZOS ACCELERATOR PROGRAM LEAD 40.00 X 103006 0 11435 874644 0 56482 5 0 1 0 LISA A DEAN 748 NW OGDEN UNIT 1 BEND OR 97703 OPERATIONS CONSULTANT 159321 ELLEN B STARR 151 WEBSTER STREET WEST NEWTON MA 02465 MARKETING CONSULTANT 135000 ANDREA CROSS 401 ATWATER ROAD BROOMALL PA 19008 STRATEGY CONSULTANT 112152 3 142700 3060444 3203144 MANAGEMENT FEE 900099 25000 25000 25000 790 790 3228934 25000 0 790 X 26866 26866 21315 21315 257023 257023 664883 381405 160405 123073 810017 745753 54690 9574 117548 102069 10889 4590 106843 82473 15162 9208 363 363 52990 52990 147000 147000 708160 568376 113073 26711 473922 308842 80772 84308 16295 833 15462 80443 53711 26732 140328 107079 33249 58681 41948 16733 107276 76685 30591 INV. IN CLOSELY-HELD CO 225225 225225 EQUIPMENT 409 273 136 EXHANGE LOSS 5 5 4015592 2999876 611252 404464 2595243 4611449 14475 3000000 79838 52734 74438 0 5064 5662452 4770789 131975 147461 120491 252466 147461 X 5409986 4623328 5409986 4623328 5662452 4770789 -786658 0 X 0 1 X 1 0 X 1792102 5715667 2635905 3203144 13346818 1792102 5715667 2635905 3203144 13346818 8370450 4976368 166 202 790 1158 1229 22 1251 13349227 51236 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 3271908 67974 -25000 42974 3228934 0 3228934 4922638 67974 839072 907046 4015592 0 4015592 PART X, LINE 2: FOR THE YEAR ENDED DECEMBER 31, 2021, THE ORGANIZATION HAS DOCUMENTED ITS CONSIDERATION OF FASB ASC 740-10, INCOME TAXES, THAT PROVIDES GUIDANCE FOR REPORTING UNCERTAINTY IN INCOME TAXES AND HAS DETERMINED THAT NO MATERIAL UNCERTAIN TAX POSITIONS QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RELATED ENTITY, SOA SEABIRD VENTURES, REVENUE REPORTED -25,000. ON CONSOLIDATED FINANCIAL STATEMENTS AND EXCLUDED FROM FORM 990, PART VIII. PART XII, LINE 2D - OTHER ADJUSTMENTS: RELATED ENTITY, SOA SEABIRD VENTURES, EXPENSES REPORTED 839,072. ON CONSOLIDATED FINANCIAL STATEMENTS AND EXCLUDED FROM FORM 990, PART IX. 1 CENTRAL AMERICA AND THE CARIBBEAN 0 1 GRANTS TO RECIPIENTS LOCATED IN REGION 23519 EAST ASIA AND THE PACIFIC 0 1 GRANTS TO RECIPIENTS LOCATED IN REGION 102486 EUROPE (INCLUDING ICELAND & GREENLAND) 0 5 GRANTS TO RECIPIENTS LOCATED IN REGION 34356 MIDDLE EAST AND NORTH AFRICA 0 1 GRANTS TO RECIPIENTS LOCATED IN REGION 1500 NORTH AMERICA 0 1 GRANTS TO RECIPIENTS LOCATED IN REGION 10704 RUSSIA AND NEIGHBORING STATES 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION 2900 SOUTH AMERICA 0 1 GRANTS TO RECIPIENTS LOCATED IN REGION 39015 SOUTH ASIA 0 1 GRANTS TO RECIPIENTS LOCATED IN REGION 3844 SUB-SAHARAN AFRICA 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION 38699 0 11 0 0 0 11 218324 38699 257023 SUPPORT YOUNG LEADERS FOR OCEAN SOLUTIONS GRANT CENTRAL AMERICA AND THE CARIBBEAN 11 10522 WIRE TRANSFER SUPPORT YOUNG LEADERS FOR OCEAN SOLUTIONS GRANT EAST ASIA AND THE PACIFIC 55 66067 WIRE TRANSFER SUPPORT YOUNG LEADERS FOR OCEAN SOLUTIONS GRANT EUROPE (INCLUDING ICELAND & GREENLAND) 9 12428 WIRE TRANSFER SUPPORT YOUNG LEADERS FOR OCEAN SOLUTIONS GRANT MIDDLE EAST AND NORTH AFRICA 1 1500 WIRE TRANSFER SUPPORT YOUNG LEADERS FOR OCEAN SOLUTIONS GRANT NORTH AMERICA 2 1996 WIRE TRANSFER SUPPORT YOUNG LEADERS FOR OCEAN SOLUTIONS GRANT RUSSIA AND NEIGHBORING STATES 3 2900 WIRE TRANSFER SUPPORT YOUNG LEADERS FOR OCEAN SOLUTIONS GRANT SOUTH AMERICA 11 22075 WIRE TRANSFER SUPPORT YOUNG LEADERS FOR OCEAN SOLUTIONS GRANT SUB-SAHARAN AFRICA 24 25360 WIRE TRANSFER 1 0 0 0 0 0 PART I, LINE 2: EACH GRANT APPLICATION IS REVIEWED BY 2 SOA STAFF AND SCORED IN 5 CORE CRITERIA (MISSION, ALIGNMENT, IMPACT, FEASIBILITY, SCALABILITY/REPLICABILITY, FINANCIALS) AND 5 SECONDARY CRITERIA (SOA ENGAGEMENT/STRENGTH OF RELATIONSHIP, COMMUNICATION SKILLS, MARKETABILITY/STORYTELLING, ORIGINALITY, SCIENTIFIC RIGOR). THOSE GRANTS SCORING HIGHLY, PARTICULARLY IN SCIENTIFIC RIGOR, ARE PASSED ALONG TO A SCIENTIST FOR REVIEW. LAST YEAR, THE PANEL CONSISTED OF 3 MEMBERS AT NOAA, UCSB, AND RUTGERS. EACH SELECTED GRANTEE MEETS WITH SOA STAFF. THEN THEY SUBMIT A FORM PROVIDING THEIR BANK ACCOUNT INFORMATION, PHOTO ID, AND AFFIRM THEIR GOOD LEGAL STANDING (NO SANCTIONS, LITIGATION, OR OTHER LEGAL ISSUES). THEIR INFORMATION IS RUN THROUGH THE US STATE DEPT LIST OF SANCTIONED ENTITIES (OFAC). THE FINAL STEP IS A GRANT AGREEMENT SIGNED BY GRANTEE AND SOA PROGRAM OFFICER. EACH GRANTEE IS ISSUED THEIR FUNDS IN TWO INSTALLMENTS: THE SECOND IS CONTINGENT UPON SATISFACTORY COMPLETION OF THEIR INTERIM FINANCIAL AND PROGRESS REPORTS. EACH GRANTEE SUBMITS A FINAL REPORT AS WELL. AS GRANTS SUBMIT FINAL REPORTS AND THEIR IMPACT IS EVALUATED, WE ACTIVELY EVALUATE THE OVERALL COMPOSITION AND BALANCE OF THE ENVIRONMENTAL ISSUES ADDRESSED AND OUR "ROI" THROUGH THESE GRANTS. PART III ACCOUNTING METHOD: X X X X 1 STARRS ALIGNED LLC 151 WEBSTER STREET WEST NEWTON MA 02465 DESIGN & IMPLEMENTATION 0 0 147000 -147000 147000 -147000 AL AK AR CA CO CT FL GA HI KS KY ME MD MA MI MS NV NH NJ NM ND OH OK OR PA RI SC UT VA WA WV WI DC 1 SUPPORT YOUNG LEADERS FOR OCEAN SOLUTIONS GRANT 11 21315 PART I, LINE 2: EACH GRANT APPLICATION IS REVIEWED BY 2 SOA STAFF AND SCORED IN 5 CORE CRITERIA (MISSION, ALIGNMENT, IMPACT, FEASIBILITY, SCALABILITY/REPLICABILITY, FINANCIALS) AND 5 SECONDARY CRITERIA (SOA ENGAGEMENT/STRENGTH OF RELATIONSHIP, COMMUNICATION SKILLS, MARKETABILITY/STORYTELLING, ORIGINALITY, SCIENTIFIC RIGOR). THOSE GRANTS SCORING HIGHLY, PARTICULARLY IN SCIENTIFIC RIGOR, ARE PASSED ALONG TO A SCIENTIST FOR REVIEW. LAST YEAR, THE PANEL CONSISTED OF 3 MEMBERS AT NOAA, UCSB, AND RUTGERS. EACH SELECTED GRANTEE MEETS WITH SOA STAFF. THEN THEY SUBMIT A FORM PROVIDING THEIR BANK ACCOUNT INFORMATION, PHOTO ID, AND AFFIRM THEIR GOOD LEGAL STANDING (NO SANCTIONS, LITIGATION, OR OTHER LEGAL ISSUES). THEIR INFORMATION IS RUN THROUGH THE US STATE DEPT LIST OF SANCTIONED ENTITIES (OFAC). THE FINAL STEP IS A GRANT AGREEMENT SIGNED BY GRANTEE AND SOA PROGRAM OFFICER. EACH GRANTEE IS ISSUED THEIR FUNDS IN TWO INSTALLMENTS: THE SECOND IS CONTINGENT UPON SATISFACTORY COMPLETION OF THEIR INTERIM FINANCIAL AND PROGRESS REPORTS. EACH GRANTEE SUBMITS A FINAL REPORT AS WELL. AS GRANTS SUBMIT FINAL REPORTS AND THEIR IMPACT IS EVALUATED, WE ACTIVELY EVALUATE THE OVERALL COMPOSITION AND BALANCE OF THE ENVIRONMENTAL ISSUES ADDRESSED AND OUR "ROI" THROUGH THESE GRANTS. X X 0 0 0 0 0 0 0 0 0 DANIELA FERNANDEZ CEO & CHAIR 279705 0 0 0 0 0 0 0 11859 0 291564 0 0 0 CRAIG DUDENHOEFFER CHIEF INNOVATION OFFICER 203346 0 0 0 0 0 0 0 2700 0 206046 0 0 0 CHRISTOPHER WALKER COO (BEG. 04/05/21) 149359 0 0 0 0 0 0 0 17914 0 167273 0 0 0 BRANDON LEVY CHIEF PROGRAM OFFICER 139228 0 0 0 0 0 0 0 12574 0 151802 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY AN INDEPENDENT TAX ACCOUNTANT, WHICH WAS THEN REVIEWED BY THE FINANCE AND OPERATIONS MANAGER, THE COO AND THEN THE FOUNDER & CHIEF EXECUTIVE OFFICER; ADJUSTMENTS ARE MADE, AS NECESSARY. A COMPLETE COPY OF THE FORM 990 WAS THEN PROVIDED TO ALL MEMBERS OF THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE SECRETARY OF THE CORPORATION DISTRIBUTES ANNUALLY TO ALL DIRECTORS, OFFICERS, AND KEY EMPLOYEES (AS IDENTIFIED BY THE CORPORATION) A FORM SOLICITING THE DISCLOSURE OF ALL CONFLICTS OF INTEREST. A DIRECTOR OR OFFICER WHO LEARNS ABOUT A POTENTIAL CONFLICT OF INTEREST DISCLOSES PROMPTLY TO THE SECRETARY OF THE CORPORATION THE MATERIAL FACTS SURROUNDING ANY POTENTIAL CONFLICT OF INTEREST, INCLUDING SPECIFIC INFORMATION CONCERNING THE TERMS OF ANY CONTRACT OR TRANSACTION WITH THE CORPORATION. ALL EFFORTS SHOULD BE MADE TO DISCLOSE ANY SUCH CONTRACT OR TRANSACTION AND HAVE IT APPROVED BY DISINTERESTED MEMBERS OF THE BOARD BEFORE THE ARRANGEMENT IS ENTERED INTO. AN EMPLOYEE OF THE CORPORATION WITH A POTENTIAL CONFLICT OF INTEREST PROMPTLY AND FULLY DISCLOSES THE POTENTIAL CONFLICT TO THE EMPLOYEE'S SUPERVISOR. THE EMPLOYEE THEREAFTER REFRAINS FROM PARTICIPATING IN DELIBERATIONS AND DISCUSSIONS, AS WELL AS ANY DECISIONS. THE CHAIR OF THE BOARD IS ULTIMATELY RESPONSIBLE FOR DETERMINING THE PROPER WAY TO HANDLE CORPORATE DECISIONS WHICH INVOLVE UNRESOLVED EMPLOYEE CONFLICTS OF INTEREST.DUE TO CHANGES IN KEY STAFFING IN 2020, THE CONFLICT OF INTEREST FORMS WERE NOT GATHERED, HOWEVER, NO CONFLICTS WERE DISCOVERED OR NOTED DURING THE YEAR. IN 2021, SOA RESUMED NORMAL PROCEDURES. FORM 990, PART VI, SECTION B, LINE 13: THE ORGANIZATION INTENDS TO IMPLEMENT A WHISTLEBLOWER POLICY IN THE UPCOMING FISCAL YEAR. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD APPROVES, IN ADVANCE, COMPENSATION PACKAGES FOR OFFICERS AND KEY EMPLOYEES OF THE CORPORATION, HAVING OBTAINED AND CONSIDERED APPROPRIATE DATA CONCERNING COMPARABLE COMPENSATION PAID TO SIMILAR OFFICERS IN LIKE CIRCUMSTANCES. THE BOARD SETS FORTH THE BASIS FOR ITS DECISIONS WITH RESPECT TO COMPENSATION IN THE MINUTES OF THE MEETING AT WHICH THE DECISIONS ARE MADE, INCLUDING THE CONCLUSIONS OF THE EVALUATION AND THE BASIS FOR DETERMINING THAT THE INDIVIDUAL'S COMPENSATION IS REASONABLE IN LIGHT OF THE EVALUATION AND THE COMPARABILITY DATA. THE LAST COMPENSATION REVIEW TOOK PLACE IN MARCH 2021. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G RECRUITING FEES: PROGRAM SERVICE EXPENSES 53,855. MANAGEMENT AND GENERAL EXPENSES 10,714. FUNDRAISING EXPENSES 2,531. TOTAL EXPENSES 67,100. TRAINING FEES: PROGRAM SERVICE EXPENSES 49,823. MANAGEMENT AND GENERAL EXPENSES 9,912. FUNDRAISING EXPENSES 2,341. TOTAL EXPENSES 62,076. CONTRACT CONSULTANTS: PROGRAM SERVICE EXPENSES 460,527. MANAGEMENT AND GENERAL EXPENSES 91,617. FUNDRAISING EXPENSES 21,643. TOTAL EXPENSES 573,787. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 4,171. MANAGEMENT AND GENERAL EXPENSES 830. FUNDRAISING EXPENSES 196. TOTAL EXPENSES 5,197. SOA SEABIRD VENTURES LLC 17875 VON KARMAN AVENUE SUITE 150 IRVINE CA 92614 843023068 IMPACT INVESTING CA N/A N/A 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0