BETA

SUSTAINABLE OCEAN ALLIANCE INC: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
SUSTAINABLE OCEAN ALLIANCE INC (EIN 82-4972091)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-11-16
IRS object ID
202003219349320775
Schema version
2019v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2020-11-16T17:39:30-06:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN910189318PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MOSS ADAMS LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1101 SECOND STREET SUITE 900AddressLine1Txt
CitySAN FRANCISCOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94105ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2019-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN824972091EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SUSTAINABLE OCEAN ALLIANCE INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSUSTBusinessNameControlTxt
Phone7735579137PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11160 BATTERY STREET EAST NO 100AddressLine1Txt
CitySAN FRANCISCOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94111ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDANIELA FERNANDEZPersonNm
Person TitleFOUNDER & CEOPersonTitleTxt
Phone7735579137PhoneNum
Signature2020-11-16SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMICHAEL LUMSDENPreparerPersonNm
PTINP01262236PTIN
Phone4159561500PhoneNum
Preparation2020-11-16PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address24.43.226.52IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-11-16IPDt
IP Tm12:52:37IPTm
IP TimezonePSIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id00C4359F54289D19625D58AABAD73364CEA05A5FAtSubmissionCreationDeviceId
At Submission Filing Device Id00C4359F54289D19625D58AABAD73364CEA05A5FAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerDANIELA FERNANDEZPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11160 BATTERY STREET EAST NO 100AddressLine1Txt
CitySAN FRANCISCOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94111ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$5,715,855GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.SOALLIANCE.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2018FormationYr
Legal Domicile StateDELegalDomicileStateCd
Activity Or MissionSUSTAINABLE OCEAN ALLIANCE DEVELOPS LEADERS, CULTIVATES IDEAS, AND ACCELERATES SOLUTIONS IN THE FIELD OF OCEAN HEALTH AND SUSTAINABILITY.ActivityOrMissionDesc
Voting Members Governing Body5VotingMembersGoverningBodyCnt
Voting Members Independent4VotingMembersIndependentCnt
Total Employee6TotalEmployeeCnt
Total Volunteers6TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,792,102PYContributionsGrantsAmt
CY Contributions Grants$5,715,667CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$166CYInvestmentIncomeAmt
PY Other Revenue$1,229PYOtherRevenueAmt
CY Other Revenue$22CYOtherRevenueAmt
PY Total Revenue$1,793,331PYTotalRevenueAmt
CY Total Revenue$5,715,855CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$1,000CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$545,367CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$205,758CYTotalFundraisingExpenseAmt
PY Other Expenses$55,031PYOtherExpensesAmt
CY Other Expenses$934,592CYOtherExpensesAmt
PY Total Expenses$55,031PYTotalExpensesAmt
CY Total Expenses$1,480,959CYTotalExpensesAmt
PY Revenues Less Expenses$1,738,300PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$4,234,896CYRevenuesLessExpensesAmt
Total Assets BOY$1,738,300TotalAssetsBOYAmt
Total Assets EOY$5,664,239TotalAssetsEOYAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$13,293TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,738,300NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$5,650,946NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionSUSTAINABLE OCEAN ALLIANCE EMPOWERS THE NEXT GENERATION TO BECOME LEADERS IN PRESERVING THE HEALTH AND SUSTAINABILITY OF OUR OCEAN.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$1,082,758ExpenseAmt
Grant$1,000GrantAmt
Revenue$0RevenueAmt
DescSUSTAINABLE OCEAN ALLIANCE SUPPORTS THE WORLD'S MOST BRILLIANT SOLUTIONISTS FOCUSED ON IMPROVING THE HEALTH OF THE OCEAN IN TWO PRIMARY WAYS: (I) THE ACCELERATOR PROGRAM, AND (II) THE OCEAN LEADERSHIP PROGRAM. WITHIN THE ACCELERATOR PROGRAM, TEAMS ARE ACCEPTED INTO OUR MONTH-LONG VIRTUAL PROGRAM, RECEIVING EXPERT MENTORSHIP AND GUIDANCE AS THEY WORK DILIGENTLY TO ACCOMPLISH THEIR PROJECT GOALS. UPON CONCLUSION OF THE PROGRAM, SOLUTIONISTS RECEIVE ONGOING ACCESS TO SOA'S GLOBAL NETWORK. DURING 2019, SOA SUPPORTED 15 START-UPS WITHIN ITS ACCELERATOR PROGRAM. THE OCEAN LEADERSHIP PROGRAM EMPOWERS OUR ALLIES TO TAKE ACTION AND TO CREATE IN THEMSELVES THE LEADERS OUR OCEAN NEEDS. THOSE ACCEPTED TO THE OCEAN LEADERSHIP PROGRAM BECOME PART OF ONE OF THE LARGEST NETWORK OF OCEAN ADVOCATES, JOINING FORCES WITH OCEAN LEADERS TAKING ACTION IN OVER 140 COUNTRIES, WITH ACCESS TO OCEAN SOLUTIONS HUBS, SOA MOBILIZE ONLINE COMMUNITY, OCEAN LEARNING LABS, OUR YOUTH LEADERSHIP SUMMIT, AND OTHER HIGH-LEVEL INTERNATIONAL CONVENTIONS.Desc
Total Program Service Expenses$1,082,758TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related InvstYes (1)ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document31IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee6EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members5GoverningBodyVotingMembersCnt
Independent Voting Member4IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonDANIELA V FERNANDEZPersonNm
Phone7735579137PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11160 BATTERY STREET EAST SUITE 100AddressLine1Txt
CitySAN FRANCISCOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94111ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
DANIELA FERNANDEZ
CHAIR AND CEO40.00Yes (X)Yes (X)$123,958$0$7,034
TIM SCHERTFEGER
TREASURER THROUGH 4/24/20191.00Yes (X)Yes (X)$0$0$0
LAURA FRANCIS
TREASURER EFFECTIVE 4/24/20191.00Yes (X)Yes (X)$0$0$0
MICHAEL GALLAGHER
SECRETARY THROUGH 8/20/20191.00Yes (X)Yes (X)$0$0$0
ERIC BRISSON
DIRECTOR1.00Yes (X)$0$0$0
ROBERT O'CONNOR
DIRECTOR1.00Yes (X)$0$0$0
PIERRE RAMADIER
DIRECTOR1.00Yes (X)$0$0$0
MICHAEL SKINNER
CHIEF OPERATING OFFICER40.00Yes (X)$109,375$0$18,545
FieldValueIRS element (for citing)
Total Reportable Comp From Org$233,333TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$25,579TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$5,715,667AllOtherContributionsAmt
Total Contributions$5,715,667TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$166TotalRevenueColumnAmt
Exclusion$166ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISCELLANEOUS INCOMEDesc
Business900099BusinessCd
Total Revenue Column$22TotalRevenueColumnAmt
Exclusion$22ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$22OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,715,855TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$188ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$1,000TotalAmt
Program Services$1,000ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$258,913TotalAmt
Program Services$207,130ProgramServicesAmt
Management And General$38,837ManagementAndGeneralAmt
Fundraising$12,946FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$234,834TotalAmt
Program Services$187,867ProgramServicesAmt
Management And General$35,225ManagementAndGeneralAmt
Fundraising$11,742FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$15,647TotalAmt
Program Services$12,518ProgramServicesAmt
Management And General$2,347ManagementAndGeneralAmt
Fundraising$782FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$35,973TotalAmt
Program Services$28,778ProgramServicesAmt
Management And General$5,396ManagementAndGeneralAmt
Fundraising$1,799FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$9,790TotalAmt
Management And General$9,790ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$193,284TotalAmt
Program Services$147,319ProgramServicesAmt
Management And General$45,965ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$165,896TotalAmt
Fundraising$165,896FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$16,406TotalAmt
Program Services$13,125ProgramServicesAmt
Management And General$2,461ManagementAndGeneralAmt
Fundraising$820FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$20,875TotalAmt
Program Services$16,700ProgramServicesAmt
Management And General$3,131ManagementAndGeneralAmt
Fundraising$1,044FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$111,834TotalAmt
Program Services$89,467ProgramServicesAmt
Management And General$16,775ManagementAndGeneralAmt
Fundraising$5,592FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$69,341TotalAmt
Program Services$55,473ProgramServicesAmt
Management And General$10,401ManagementAndGeneralAmt
Fundraising$3,467FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$253,699TotalAmt
Program Services$253,699ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$7,457TotalAmt
Management And General$7,457ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
PROG. REPORT EXPENSES$42,963$42,963
MEALS EXPENSE$33,399$26,719$5,010$1,670
RECRUITING/PROF DEV$9,209$9,209
TAXES & LICENSES$233$233

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$206TotalAmt
Management And General$206ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,480,959TotalAmt
Program Services$1,082,758ProgramServicesAmt
Management And General$192,443ManagementAndGeneralAmt
Fundraising$205,758FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,613,300BOYAmt
EOY$734,839EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$4,500,000EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$29,400EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$125,000BOYAmt
EOY$400,000EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,738,300BOYAmt
EOY$5,664,239EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
EOY$13,293EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$13,293EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,738,300BOYAmt
EOY$5,650,946EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,738,300BOYAmt
EOY$5,650,946EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,738,300BOYAmt
EOY$5,664,239EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$4,234,896ReconcilationRevenueExpnssAmt
Prior Period Adjustments-$322,250PriorPeriodAdjustmentsAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$1,792,102CurrentTaxYearMinus1YearAmt
Current Tax Year$5,715,667CurrentTaxYearAmt
Total$7,507,769TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$1,792,102CurrentTaxYearMinus1YearAmt
Current Tax Year$5,715,667CurrentTaxYearAmt
Total$7,507,769TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$6,449,632SubstantialContributorsTotAmt
Public Support Total170$1,058,137PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year$166CurrentTaxYearAmt
Total$166TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$1,229CurrentTaxYearMinus1YearAmt
Current Tax Year$22CurrentTaxYearAmt
Total$1,251TotalAmt
FieldValueIRS element (for citing)
Total Support$7,509,186TotalSupportAmt
First5 Years170Yes (X)First5Years170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Invst Program Related Org InvstProgramRelatedOrgGrp

FieldValueIRS element (for citing)
DescSUSTAINABLE OCEAN START-UPSDesc
Book Value$400,000BookValueAmt
Method ValuationCMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Program Rltd$400,000TotalBookValueProgramRltdAmt
Total Rev Etc Audited Fincl Stmt$5,715,855TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$5,715,855RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$5,715,855TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,480,959TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$1,480,959ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$1,480,959TotalExpensesPerForm990Amt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 IS PREPARED BY AN INDEPENDENT TAX ACCOUNTANT, WHICH IS THEN REVIEWED BY THE FOUNDER & CHIEF EXECUTIVE OFFICER; ADJUSTMENTS ARE MADE, AS NECESSARY. A COMPLETE COPY OF THE FORM 990 IS 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 12CTHE SECRETARY OF THE CORPORATION SHALL DISTRIBUTE 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 SUCH 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.
FORM 990, PART VI, SECTION B, LINE 15THE BOARD APPROVES, IN ADVANCE, COMPENSATION PACKAGES FOR OFFICERS 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.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.
FORM 990, PART IX, LINE 11GFISCAL SPONSOR FEE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 45,965. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 45,965. CONTRACTORS/INTERNS: PROGRAM SERVICE EXPENSES 98,686. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 98,686. OTHER PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 48,633. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 48,633.

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