Ocean outcome's mission is to work with communities and the seafood industry - continued on sch. Oto improve the sustainability of high risk fisheries. O2 cultivates deep relationships with fishermen, seafood buyers, government agencies, and non-governmental organizations to uncover and implement local solutions to systems level problems in globally significant fisheries.

501(c)(3) charity; gifts are tax-deductible.
84¢ of each $1 spent went to programs.
$421K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $141K a year · 8% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
84%
of spending
Looks good: 84% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$421K
to officers and key staff · 22% of spending
Worth a look: pay to officers and key staff is 22% of spending; over 20%.
Pt VII · Sec A
8 mo
of spending, in cash
Looks good: 7.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
6
named funders · $1.1M
Looks good: 6 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$183K
11% of total assets
Looks good: liabilities are 11% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.9M
Spent
$1.9M
To programs
84%
Net assets
$1.5M
By yearFY2020–FY2024
Revenue
$1.9M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$1.9M
FY2021$2.0M
FY2022$2.0M
FY2023$1.3M
FY2024$1.7M
Expenses
$1.9M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$1.9M
FY2021$1.3M
FY2022$1.5M
FY2023$1.6M
FY2024$1.9M
Net assets
$1.5M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$1.5M
FY2021$2.1M
FY2022$2.6M
FY2023$2.3M
FY2024$2.2M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 2016.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

84 cents of each dollar spent went to programs.

Program services 84% · $1.6M Management & general 11% · $220K Fundraising 4% · $86K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

12 people listed on the 990; $421K paid to officers and key staff.

Part VII, Section A · reportable compensation
Chief Innovation Officer
$150,000Pt VII · Sec A
Secretary and VP Finance and Operations
$139,050Pt VII · Sec A
Director, Fisheries Finance
$131,515Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Kelly Harrell’s $131K as President and Executive Director is at the 66th percentile of top reported officer pay among 1137 $1–10M animals nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Sherwood Hoyt Peckham JR————$150,000
Lucy Bernard———$103,352$139,050
Neel Inamdar————$131,515
Kelly Harrell$131,285————
Jocelyn Drugan$103,520$100,919———
Nicole Williams$99,416$93,993$90,989$71,600—
Richard H Lincoln—$88,580$74,290$82,140—
Rich H Lincoln$27,417————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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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 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Improves high-risk fisheries sustainability by partnering with communities and the seafood industry.

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Provided by the organization

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3 programs · $1.6M · in their own filed words · FY2020
01

Fishery improvement projects- launched a large-scale albacore tuna fishery improvement project in the indian ocean to improve fishing and management practices on 37 participating northeast asian flagged longline VESSELS.- launched the first oyster fishery improvement project in JAPAN.- implemented a large-scale yellowfin tuna fishery…

$1.2Mprogram expense
02

Program development and outreach- researched and developed a partnership network for organizations working in fishery improvement which leverages knowledge and capacity to improve the efficiency and efficacy of sustainable seafood initiatives focused on small scale FISHERIES.- guided direction and strategy of two leading fisheries and…

$265Kprogram expense
03

Fishery improvement tools, assessment and analysis- developed and launched a triple impact fisheries evaluation framework to increase the viability and decrease the risk of fisheries improvement by evaluating, tracking and incentivizing improvement of fisheries' social and financial performance along with their environmental…

$178Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 6 funders →
Grants paid · 4 grants · $167K · 2020–2024
World Wildlife Fund INCDC · FY2024$56,000
World Wildlife Fund INCDC · FY2023$50,000
World Wildlife Fund INCDC · FY2022$50,000

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$1.9M
Ln 12
Gifts and grantsLn 1h$1.7M
Fees for servicesLn 2g$276K
Investment incomeLn 3$8K
Money outPt IX
$1.9M
Ln 25
Programscol B$1.6M
Managementcol C$220K
Fundraisingcol D$86K
Owns and owesPt X
$1.5M
net assets · Ln 32
Cash and savingsLn 1–2$1.2M
Total assetsLn 16$1.7M
LiabilitiesLn 26$183K
PeoplePt VI, VII
12
listed · VII A
PaidVII A3
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.7M
Fees for servicesLn 2g$276K
Investment incomeLn 3$8K
Other incomeLn 4–11$866
Total revenueLn 12$1.9M
Assets in detailPt X, end of year
CashLn 1$35K
SavingsLn 2$1.2M
Cash and savings togetherLn 1–2$1.2M
Total assetsLn 16$1.7M
LiabilitiesLn 26$183K
Net assetsLn 32$1.5M
OperationsPt I, VI
EmployeesI 510
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$1.5M$1.2M
Total assetsLn 16$1.6M$1.7M
LiabilitiesLn 26$135K$183K
Net assetsLn 32$1.5M$1.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$11K$11K
Pay of current officers, directors and key staffLn 5$160K$123K$27K$10K
Other salaries and wagesLn 7$816K$629K$135K$52K
Pension plan contributionsLn 8$23K$18K$4K$1K
Other employee benefitsLn 9$69K$53K$11K$4K
Payroll taxesLn 10$83K$64K$14K$5K
Legal feesLn 11b$10K$10K$225
Other fees for servicesLn 11g$678K$649K$24K$6K
Office expensesLn 13$12K$5K$6K$674
TravelLn 17$24K$24K
Conferences, conventions and meetingsLn 19$22K$3K$14K$5K
InsuranceLn 23$4K$4K
Other expenses (24a–d)Ln 24$0$19K−$21K$1K
Total functional expensesLn 25$1.9M$1.6M$220K$86K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $1.7M$1.9M−$164K$2.2M 990 PDF
FY2023 $1.3M$1.6M−$303K$2.3M 990 PDF
FY2022 $2.0M$1.5M$497K$2.6M 990 PDF
FY2021 $2.0M$1.3M$645K$2.1M 990 PDF
FY2020 Viewing $1.9M$1.9M$33K$1.5M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $1,946,136 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $634,165$1,661,169
I-9 Program service revenuePrior year $558,785$275,702
I-10 Investment incomePrior year $27,597$8,399
I-11 Other revenuePrior year $4,490$866
I-12 Total revenuePrior year $1,225,037$1,946,136
I-13 Grants and similar amounts paidPrior year $0$10,615
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,103,965$1,151,588
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,104,549$751,351
I-18 Total expensesPrior year $2,208,514$1,913,554
I-19 Revenue less expensesPrior year −$983,477$32,582
Part VI · Governance 7 of 7 board members independent, no flags
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,946,136 across 6 lines filed
VIII-1f All other contributions, gifts and grants$1,661,169
VIII-1h Total contributions, gifts and grants$1,661,169
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $275,702$275,702
VIII-3 Investment incomeExcluded from tax $8,399$8,399
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $866$866
VIII-12 Total revenueRelated to mission $275,702 · Unrelated business $0 · Excluded from tax $9,265$1,946,136
Part IX · Statement of functional expenses $1,913,554 across 13 lines filed
IX-1 Grants to domestic organizationsPrograms $10,615$10,615
IX-5 Pay of current officers, directors and key staffPrograms $123,421 · Management $26,562 · Fundraising $10,124$160,107
IX-7 Other salaries and wagesPrograms $629,144 · Management $135,400 · Fundraising $51,606$816,150
IX-8 Pension plan contributionsPrograms $17,822 · Management $3,836 · Fundraising $1,462$23,120
IX-9 Other employee benefitsPrograms $53,368 · Management $11,485 · Fundraising $4,378$69,231
IX-10 Payroll taxesPrograms $63,967 · Management $13,766 · Fundraising $5,247$82,980
IX-11b Legal feesPrograms $10,000 · Management $225$10,225
IX-11g Other fees for servicesPrograms $648,840 · Management $23,678 · Fundraising $5,948$678,466
IX-13 Office expensesPrograms $5,190 · Management $6,482 · Fundraising $674$12,346
IX-17 TravelPrograms $24,233$24,233
IX-19 Conferences, conventions and meetingsPrograms $2,543 · Management $14,406 · Fundraising $4,823$21,772
IX-23 InsuranceManagement $4,309$4,309
IX-24 Other expenses (24a–d)Programs $19,340 · Management −$20,587 · Fundraising $1,247$0
IX-25 Total functional expensesPrograms $1,608,483 · Management $219,562 · Fundraising $85,509$1,913,554
Part X · Balance sheet $1,678,108 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $51,612$34,619
X-2 Savings and temporary cash investmentsStart of year $1,438,587$1,200,213
X-3 Pledges and grants receivableStart of year $2,064$407,023
X-4 Accounts receivableStart of year $89,231$15,253
X-9 Prepaid expenses and deferred chargesStart of year $15,407$21,000
X-16 Total assetsStart of year $1,596,901$1,678,108
X-17 Accounts payable and accrued expensesStart of year $125,630$11,386
X-19 Deferred revenueStart of year $8,924$6,023
X-24 Unsecured notes and loans payable$165,770
X-26 Total liabilitiesStart of year $134,554$183,179
X-27 Net assets without donor restrictionsStart of year $1,007,471$1,079,278
X-28 Net assets with donor restrictionsStart of year $454,876$415,651
X-32 Total net assets or fund balancesStart of year $1,462,347$1,494,929
X-33 Total liabilities and net assetsStart of year $1,596,901$1,678,108
Part XI · Reconciliation of net assets $1,494,929 net assets at year end
XI-1 Total revenue$1,946,136
XI-2 Total expenses$1,913,554
XI-3 Revenue less expenses$32,582
XI-4 Net assets at start of year$1,462,347
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,494,929

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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