Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 2007.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
91 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Who runs it and what they're paid
8 people listed on the 990.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2Yes
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
- Loans to or from officersSch L · Pt II1 listed
Programs and updates
Teaches ocean exploration and ROV operation through school and community programs.
This section is blank until Oceanswide INC claims this page.
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School & community based service and education in the field of ocean exploration, focused on education and training pertaining to the use and operation of remotely operated marine vehicles (rovs) in ocean exploration
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Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2025 990, line by line.
Download 990
| Line | Start FY25 | End FY25 |
|---|---|---|
| Cash and savingsLn 1–2 | $66K | $131K |
| Land, buildings, equipmentLn 10c | $229K | $125K |
| Total assetsLn 16 | $295K | $255K |
| LiabilitiesLn 26 | $267K | $264K |
| Net assetsLn 32 | $27K | −$9K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Other salaries and wagesLn 7 | $121K | $121K | ||
| Payroll taxesLn 10 | $9K | $9K | ||
| Accounting feesLn 11c | $2K | $2K | ||
| Other fees for servicesLn 11g | $400 | $400 | ||
| Advertising and promotionLn 12 | $404 | $404 | ||
| Office expensesLn 13 | $1K | $1K | ||
| Information technologyLn 14 | $3K | $3K | ||
| OccupancyLn 16 | $20K | $20K | ||
| TravelLn 17 | $3K | $3K | ||
| InterestLn 20 | $10K | $10K | ||
| Depreciation, depletion and amortizationLn 22 | $51K | $51K | ||
| InsuranceLn 23 | $33K | $33K | ||
| Other expenses (24a–d)Ln 24 | $52K | $27K | $24K | |
| All other expensesLn 24e | $65K | $63K | $2K | |
| Total functional expensesLn 25 | $371K | $338K | $32K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest Viewing | $447K | $371K | $77K | −$9K | 990 PDF |
| FY2024 | $284K | $186K | $97K | $27K | 990 PDF |
| FY2023 | $101K | $198K | −$96K | −$70K | 990 PDF |
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Schedules filed Part IV
See the full FY2025 990 (4 parts)
Part VIII · Statement of revenue $447,195 across 7 lines filed
Part IX · Statement of functional expenses $370,613 across 14 lines filed
Part X · Balance sheet $255,452 assets, 8 lines filed
Part XI · Reconciliation of net assets −$8,649 net assets at year end
Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File
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