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        <ExplanationTxt>THE ORGANIZATION FOLLOWS THE PROVISIONS OF FASB ASC TOPIC 740 ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT HAS EVALUATED THE ORGANIZATION'S TAX POSITIONS AND CONCLUDED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE CONSOLIDATED FINANCIAL STATEMENTS TO COMPLY WITH PROVISIONS OF THIS TOPIC.</ExplanationTxt>
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        <ExplanationTxt>ALL GRANTEES MUST SIGN A GRANT AGREEMENT THAT STIPULATES THE SPECIFIC USE OF FUNDS PERMITTED AND REQUIRES REPORTING ON ACTIVITIES AND USE OF FUNDS. IN ADDITION, WE MAINTAIN ACTIVE, REGULAR COMMUNICATION WITH GRANTEES TO UNDERSTAND HOW THEY ARE PROCEEDING WITH THEIR PROJECTS. ALL OF OUR GRANTEES ARE WORKING WITH O2 ON COLLABORATIVE PROJECTS, AND REGULAR COMMUNICATION AND IN-PERSON OR VIRTUAL MEETINGS ARE BUILT INTO THE PROJECT PLANS AS A CORE COMPONENT FOR MONITORING AND EVALUATION, WHICH WE ARE IN TURN REQUIRED TO REPORT TO OUR FUNDERS.</ExplanationTxt>
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        <ExplanationTxt>PRIOR TO FILING WITH THE IRS, BOARD MEMBERS AND OFFICERS WILL RECEIVE A COPY OF THE FORM 990 TO REVIEW.</ExplanationTxt>
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      <SupplementalInformationDetail>
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        <ExplanationTxt>ON AN ANNUAL BASIS, BOARD MEMBERS, ALL EMPLOYEES, AND KEY CONTRACTORS COMPLETE THE CONFLICT OF INTEREST QUESTIONNAIRE, WHICH ASKS THEM TO LIST EACH OF THE POTENTIAL CONFLICTS AS DESCRIBED IN THE POLICY. THE ED AND DIRECTOR OF FINANCE AND OPERATIONS REVIEW THE FORMS AND DISCLOSURES FOR ALL MEMBERS OF THE BOARD AND STAFF, RESPECTIVELY. FOR THE BOARD MEMBERS, THE ED MAKES A SUMMARY OF THE RESULTS AND GIVES THEM TO THE FINANCE COMMITTEE FOR REVIEW. THE FINANCE COMMITTEE OF THE BOARD MAKES A DETERMINATION AS TO WHETHER THE PERCEIVED CONFLICT IS REAL OR NOT. WE HAVE NOT HAD A REAL CONFLICT IN THE PREVIOUS YEARS, BUT IF WE DID, THE NATURE OF THE CONFLICT WOULD BE REVIEWED BY THE BOARD, AND APPROPRIATE ACTIONS WOULD BE TAKEN (DEPENDING ON THE TYPE OF CONFLICT) TO ELIMINATE THE CONFLICT (THIS COULD BE AS SIMPLE AS THE BOARD MEMBER RECUSING THEMSELF FROM A DECISION, TO DISPOSING OR TERMINATING THE CONFLICTING RELATIONSHIP). FOR EMPLOYEES, THE FINANCE COMMITTEE WOULD REVIEW THE CONFLICT AND PERFORM A SIMILAR FUNCTION TO RESOLVE THE CONFLICT.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 15</FormAndLineReferenceDesc>
        <ExplanationTxt>THE BOARD OF DIRECTORS APPROVED THE ED'S SALARY AFTER THE REVIEW OF AN INDEPENDENT SALARY SURVEY CONDUCTED BY THE FINANCE COMMITTEE. SALARIES OF THE ED AND STAFF ARE REVIEWED BY THE BOARD ANNUALLY DURING THE BUDGET REVIEW PROCESS. THE PROCESS FOR DETERMINING THE COMPENSATION OF O2'S OFFICERS AND KEY EMPLOYEES INCLUDE A REVIEW OF COMPARABLE DATA FOR OTHER SIMILAR NONPROFITS IN THE UNITED STATES BY THE ED AND DIRECTOR FINANCE AND OPERATIONS. A COMPENSATION REVIEW OF ALL O2'S STAFF SALARIES WAS ALSO PERFORMED IN 2021 AND WILL BE REVIEWED AT THE END OF 2025.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION C, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>THE MOST RECENT AUDITED FINANCIALS, GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST AT OCEANOUTCOMES.ORG.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART IX, LINE 11G</FormAndLineReferenceDesc>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART XI, LINE 9:</FormAndLineReferenceDesc>
        <ExplanationTxt>UNCOLLECTABLE PLEDGES -6,500.</ExplanationTxt>
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        <ExplanationTxt>THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.</ExplanationTxt>
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        </USAddress>
        <PrimaryActivitiesTxt>ENVIRONMENTAL CONSULTING</PrimaryActivitiesTxt>
        <LegalDomicileStateCd>OR</LegalDomicileStateCd>
        <TotalIncomeAmt>0</TotalIncomeAmt>
        <EndOfYearAssetsAmt>0</EndOfYearAssetsAmt>
        <DirectControllingEntityName>
          <BusinessNameLine1Txt>OCEAN OUTCOMES</BusinessNameLine1Txt>
        </DirectControllingEntityName>
      </IdDisregardedEntitiesGrp>
    </IRS990ScheduleR>
  </ReturnData>
</Return>