2021-08-05T17:31:00-05:00 2020-12-31 814234542 BPM LLP 400 OCEANGATE SUITE 1000 LONG BEACH CA 908024389 990 2020-01-01 463977904 ALTASEA AT THE PORT OF LOS ANGELES ALTA 4242404320 839 SOUTH BEACON STREET 5308 SAN PEDRO CA 90731 TIM MCOSKER CEO CEO 4242404320 2021-07-19 1 TIM MCOSKER CEO 999009999 ALBERT ROSSI JR P00132331 5624953325 2021-07-19 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z X TIM MCOSKER 839 SOUTH BEACON STREET 5308 SAN PEDRO CA 90731 2096145 0 X ALTASEA.ORG X 2013 CA TO BRING TOGETHER SCIENCE, BUSINESS AND EDUCATION TO GENERATE INNOVATIVE SOLUTIONS TO THE GLOBAL CHALLENGES OF SUSTAINABILITY. ALTSEA WORKS TO DEMONSTRATE HOW THE OCEAN IS INTERGRAL TO THE WELL-BEING OF HUMANKIND AND THE HEALTH OF THE EARTH. 11 10 9 24 0 0 5051771 1783319 0 0 4313 4046 477322 270548 5533406 2057913 74600 0 0 0 763138 669689 0 0 253000 521882 774517 1359620 1444206 4173786 613707 12372938 12742293 475615 230587 11897323 12511706 X TO BRING TOGETHER SCIENCE, BUSINESS AND EDUCATION TO GENERATEINNOVATIVE SOLUTIONS TO THE GLOBAL CHALLENGES OF SUSTAINABILITY.ALTASEA WORKS TO DEMONSTRATE HOW THE OCEAN IS INTEGRAL TO THEWELL-BEING OF HUMANKIND AND THE HEALTH OF THE EARTH. 0 0 1015039 EXPAND SCIENCE-BASED UNDERSTANDING OF THE OCEAN. ALTASEA IS WORKING TOCONVENE AND SUPPORT THE WORLD'S BEST MARINE SCIENTISTS IN ASTATE-OF-THE ART URBAN OCEAN-BASED RESEARCH FACILITY, IN WHICH THEWORLD'S LEADING RESEARCHERS WILL ADVANCE UNDERSTANDING OF THE OCEAN ANDDEVELOP CREATIVE AND CROSS-DISCIPLINARY SOLUTIONS.CATALYZE THE CREATION OF RELEVANT NEW INDUSTRIES. ALTASEA IS WORKING TOESTABLISH A BUSINESS HUB WHICH WILL SUPPORT NEW AND EXISTING BUSINESSESTHAT COMMERCIALIZE SCIENTIFIC BREAKTHROUGHS AND EMERGING TECHNOLOGIESTO CREATE OCEAN-RELATED PRODUCTS AND SERVICES.PIONEER CUTTING-EDGE EDUCATION AND COMMUNICATIONS PROGRAMS. ALTASEA ISDEDICATED TO IGNITING ENGAGEMENT AND EXCITEMENT IN PERSONS OF ALL AGESAND BACKGROUNDS WITH PROGRAMS THAT COMMUNICATE ABOUT THE OCEAN AND ITSIMPORTANCE TO OUR LIVES. 1015039 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 19 0 1 9 1 0 0 0 0 0 0 0 0 0 0 X 11 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X ALTASEA 4242104320 2456 SIGNAL STREET SAN PEDRO CA 90731 DOANE LIU CHAIRMAN 1.00 X X 0 0 0 GERALDINE KNATZ VICE CHAIRMAN 1.00 X X 0 0 0 MONIQUE JOHNSON TREASURER AND SECRETARY 1.00 X X 0 0 0 MARTIN H BLANK JR DIRECTOR 1.00 X X 0 0 0 YEHUDI GAFFEN DIRECTOR 1.00 X 0 0 0 CYNTHIA HIRSCHHORN DIRECTOR 1.00 X 0 0 0 CAROLYN M HULL DIRECTOR 1.00 X 0 0 0 ERIC JOHNSON DIRECTOR 1.00 X 0 0 0 ALEX ROSE DIRECTOR 1.00 X 0 0 0 GREG THORPE DIRECTOR 1.00 X 0 0 0 TIM MCOSKER CEO/DIRECTOR 40.00 X X 72000 0 14638 JENNY KRUSOE EXECUTIVE DIRECTOR 60.00 X 192000 0 8231 264000 0 22869 1 0 1 0 GAFCON INC 5960 CORNERSTONE CT W STE 100 SAN DIEGO CA 92121 CAPITAL PROGRAM PHASE 1 DESIGN 162526 222 W 6TH ST LLC PO BOX 840609 LOS ANGELES CA 90084 FACILITIES RENTAL 162217 KPFF CONSULTING ENGINEERS 1601 5TH AVE STE 1300 SEATTLE WA 98101 CAPITAL PROGRAM PHASE 1 DESIGN 114572 3 73373 1709946 2892 1783319 3783 3783 273462 2914 270548 270548 270548 263 0 263 263 263 35318 73373 35318 0 2057913 0 0 274594 264000 177120 22800 64080 301328 213389 18763 69176 16584 11456 1219 3909 45837 31663 3370 10804 41940 28971 3083 9886 52500 42000 10500 50555 50555 512 512 40358 22384 13861 4113 192571 163685 28886 21111 14990 4248 1873 227188 184466 21361 21361 17078 13662 1708 1708 38259 30607 3826 3826 EDUCATIONAL PROGRAMS 70812 70812 DEVELOPMENT & CAMPAIGN 43212 9834 33378 BAD DEBT 20361 20361 1444206 1015039 176167 253000 1500234 2886773 27560 27573 6138480 5133461 53145 52690 4812712 170916 4653519 4641796 12372938 12742293 438257 65403 3000 114480 37358 47704 475615 230587 X 5615437 7007060 6281886 5504646 11897323 12511706 12372938 12742293 613707 676 0 X 0 1 X 1 0 X 1281679 2634870 3114226 5051771 1783319 13865865 1281679 2634870 3114226 5051771 1783319 13865865 6229416 7636449 1993 25773 183073 404704 274331 889874 1000 1000 75560 75560 14832299 0.51490 0.56990 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: CONSULTING SERVICES - 2019 AMOUNT: $ 75,500. 2020 AMOUNT: $ 0. MEMBERSHIPS - 2019 AMOUNT: $ 60. 2020 AMOUNT: $ 0. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 196238 196238 294357 49060 49060 73590 134904 50584 84320 109904 100143 9761 4567904 20189 4547715 4641796 DEFERRED RENT 37358 REFUNDABLE ADVANCES 10346 47704 X 2258581 676 162270 162946 2095635 512 -38234 -37722 2057913 1644198 162270 38234 200504 1443694 512 512 1444206 PART X, LINE 2: ALTASEA IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM STATE FRANCHISE TAXES UNDER SECTION 23701(D) OF THE CALIFORNIA REVENUE AND TAXATION CODE, WHEREBY ONLY UNRELATED BUSINESS INCOME, AS DEFINED BY SECTION 509(A)(1) OF THE INTERNAL REVENUE CODE, IS SUBJECT TO FEDERAL INCOME TAX. ALTASEA DOES NOT BELIEVE THAT DURING THE YEARS ENDED DECEMBER 31, 2020 AND 2019 THAT IT HAD UNRELATED BUSINESS TAXABLE INCOME AND ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. ALTASEA FOLLOWS THE PROVISIONS OF FASB ASC 740, INCOME TAXES. ACCORDINGLY, ALTASEA ACCOUNTS FOR UNCERTAIN TAX POSITIONS BY RECORDING A LIABILITY FOR UNRECOGNIZED TAX BENEFITS RESULTING FROM UNCERTAIN TAX POSITIONS TAKEN, OR EXPECTED TO BE TAKEN, IN ITS TAX RETURNS. ALTASEA RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED BY THE APPROPRIATE TAXING AUTHORITIES. ALTASEA DOES NOT BELIEVE THAT ITS INCOME TAX RETURNS INCLUDE ANY UNCERTAIN TAX POSITIONS AND ACCORDINGLY, HAS NOT RECORDED A LIABILITY FOR UNRECOGNIZED TAX BENEFITS IN THE ACCOMPANYING FINANCIAL STATEMENTS. PART XI, LINE 2D-OTHER ADJUSTMENTS: AMOUNTS PRESENTED ON THE FINANCIALS ON THE FUNCTIONAL EXPENSE STATEMENT RENTAL EXPENSES: $2,916. SPECIAL EVENT DIRECT EXPENSES: $35,318. REPORTED ON STATEMENT OF REVENUE ON THE 990 PART XII, LINE 2D-OTHER ADJUSTMENTS: AMOUNTS PRESENTED ON THE FINANCIALS ON THE FUNCTIONAL EXPENSE STATEMENT RENTAL EXPENSES: $2,916. SPECIAL EVENT DIRECT EXPENSES: $35,318. REPORTED ON STATEMENT OF REVENUE ON THE 990 BLUE HOUR 108691 73373 35318 2193 21038 12087 108691 73373 35318 2193 21038 12087 35318 0 X X X X X X 0 0 0 0 0 0 0 0 0 JENNY KRUSOE EXECUTIVE DIRECTOR 192000 0 0 0 0 0 5760 0 2471 0 200231 0 0 0 PART I, LINE 3 A COHORT STUDY AND AN INDEPENDENT COMPENSATION STUDY (FOR EXECUTIVE DIRECTOR ONLY) WAS DEVELOPED AND REVIEWED BY THE BOARD. THE BOARD REVIEWS ALL APPROVED COMPENSATION FOR KEY EXECUTIVES BASED ON THESE STUDIES. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE CEO, THE EXECUTIVE DIRECTOR, AND THE AUDIT COMMITTEE. UPON COMPLETION OF ITS REVIEW, THE AUDIT COMMITTEE FORWARDS FORM 990 TO THE ENTIRE BOARD OF DIRECTORS PRIOR TO THE FILING OF THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C ALL TRUSTEES ANNUALLY EXECUTE A CONFLICT OF INTEREST FORM, WHICH IS REVIEWED BY THE EXECUTIVE DIRECTOR AND LEGAL COUNSEL. TRUSTEES AND OFFICERS ARE ALSO REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST THAT ARISE DURING THE YEAR. ANY CONFLICTS OF INTEREST WOULD BE MANAGED IN ACCORDANCE WITH THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 A COHORT STUDY AND AN INDEPENDENT COMPENSATION STUDY (FOR EXECUTIVE DIRECTOR ONLY) WERE DEVELOPED AND REVIEWED BY THE BOARD OF TRUSTEES. THE BOARD OF TRUSTEES REVIEWS ALL APPROVED COMPENSATION FOR KEY EXECUTIVES BASED ON THESE STUDIES. EXECUTIVE COMPENSATION PAID BY THE ORGANIZATION IS APPROVED BY TRUSTEES WHO DO NOT HAVE A CONFLICT OF INTEREST, AND THE COMPENSATION DETERMINATION PROCESS AND DECISION IS DOCUMENTED CONTEMPORANEOUSLY IN THE ORGANIZATION'S RECORDS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUST.