Operation Splash INC EIN 11-3186309 Form 990 (PDF) Claim this org

Operation Splash INC FY2024 filing

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Educates about threats to the Great South Bay and cleans its shorelines. For fiscal year 2024 it reported $447K in revenue, $291K in expenses, and $676K in net assets.Pt I

Founded
2005
Type
Public charity (501(c)(3)) · Environment
Location
Freeport, NY
Website
www.operationsplash.org
Filings
6 on file (2020–2024)
Revenue
$447KFY2024
Expenses
$291K
Net assets
$676K
People
12
Filings
6
Updates
0
More identity details & actions ⌄
EIN  11-3186309 Public charity (501(c)(3)) Freeport, NY Founded 2005
Form 990 (PDF)
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Educates about threats to the Great South Bay and cleans its shorelines.
Leadership
Robert Weltner · President
Money in and out
$447K revenue, $291K expenses
Bottom line
91% program efficiency
Where the money goes · FY2024
Total revenue
$447K
Pt VIII · Ln 12
Total expenses
$291K
Pt IX · Ln 25
Net assets
$676K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $156K
Where spending went · Part IX cols B–D
Program services $0.91 Management & general $0.09 Fundraising $0.00
Program efficiency
91%
of spending reaches programs
Operating runway
17.3mo
months of highly liquid reserves at operating expense rate
Surplus margin
+35%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$447K
FY2024▲ +11%
Expenses
$291K
FY2024▲ +74%
Total assets
$677K
FY2024▲ +30%
Total liabilities
$2K
FY2024▼ -22%
Total revenue
$447K
Pt VIII · Ln 12
Total expenses
$291K
Pt IX · Ln 25
Net assets
$676K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$156K
Total assetsPt X · Ln 16$677K
Program-expense ratioPt IX · col B91%
Voting members of governing bodyPt I · Ln 312
Independent voting membersPt I · Ln 412
Mission & Programs · Part III

Where the work happens

2 program services account for $264K of program spending, described in the organization's own filed words · FY2024.
01

S.P.L.A.S.H. Uses all of its available resources to clean and maintain waterways on the south shore of long island urban waters, removing debris, monitoring and identifying pollutants. The boats are in operation from march through november each year.

$210Kprogram expense
02

Operation splash offers education programs at the splash headquarters, marinas and safe boating classes. Boaters and marina operators join in training programs, where participants are instructed on current measures for pollutiom prevention.

$54Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item COperation Splash INC
EINHdr · item D11-3186309
Principal addressHdr · item CFreeport, NY
WebsiteHdr · item Jwww.operationsplash.org
Year of formationHdr · item L2005
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEnvironment (C20Z)
Ruling yearIRS BMFFeb 1994

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a12
Independent voting membersPt VI · Ln 1b12
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
2nd Vice President
$0Pt VII · Sec A
3rd Vice President
$0Pt VII · Sec A
Recording Secretary
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
See Operation Splash INC executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants$429K · 96%
Investment income$8K · 2%
Other revenue$10K · 2%
Contributions & grants96%$429K
Investment income2%$8K
Other revenue2%$10K
— government grantsLn 1e$40K
Total revenueLn 12$447K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.91 Management & general $0.09 Fundraising $0.00
Program services91%$264K
Management & general9%$26K
Fundraising$598
Total functional expensesLn 25$291K

Balance Sheet

Part X · end of year
CashLn 1$419K
Total assetsLn 16$677K
Total liabilitiesLn 26$2K
Total net assetsLn 32$676K
Months of cash on handcomputed17.3

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $419K · Operating expenses/yr $291K
17.3 months
Where the money goes
Program services
Program services $264K · Total expenses $291K
91%
Management & General
Management & general $26K · Total expenses $291K
9%
Fundraising
Fundraising $598 · Total expenses $291K
0.2%
Cost to raise $1
Fundraising expense (3-yr avg) $3K · Solicited contributions (3-yr avg) $276K
$0.01 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $429K · Total revenue $447K
96%
Government reliance
Government grants $40K · Total revenue $447K
9%
Earned-income share
Program service revenue $0 · Total revenue $447K
0%
Investment reliance
Investment income $8K · Total revenue $447K
+2%
Program self-sufficiency
Program service revenue $0 · Total expenses $291K
0%
Growth & trend
Revenue growth (YoY)
This year $447K · Prior year $404K
+11%
Revenue CAGR
FY2020 $91K · FY2024 $447K
+49%
Net-asset trend (YoY)
End of year $676K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $447K · Expenses $291K
+35%
Liabilities-to-Assets
Total liabilities — · Total assets $677K
Net-asset ratio
Net assets $676K · Total assets $677K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $677K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Robert Weltner · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $291K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $111K · Total expenses $291K
38%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 91%
Overhead ratio 9%
Fundraising cost ratio 0.1%
Revenue growth 11%
Investment management fee ratio 0%
Accounting fee ratio 0.7%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 5 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$260K revenue · ⤓ 990 PDF
FY2024$447K revenue · viewing · ⤓ 990 PDF
FY2023$404K revenue · ⤓ 990 PDF
FY2022$134K revenue · ⤓ 990 PDF
FY2021$197K revenue · ⤓ 990 PDF
FY2020$91K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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