Project O FY2023 filing
Restores, protects, and sustains oceans and the marine life within them. For fiscal year 2023 it reported $217K in revenue, $235K in expenses, and $732 in net assets.Pt I
- Type
- Public charity (501(c)(3)) · Environment
- Location
- Laguna Beach, CA
- Filings
- 5 on file (2020–2023)
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Richard German’s $81K as President & CEO is at the 64th percentile of top reported officer pay among 1981 $100K–1M environment 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 · 2 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Richard German | $81,000 | $54,000 | $72,000 | $50,000 | $25,000 |
| Evelina Marchetti | $79,000 | $72,000 | $72,000 | $65,000 | $60,000 |
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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Where the work happens
To restore, protect and sustain our oceans and marine life living in it.
The podcast for our epic ocean was developed to promote conversations with experts and leaders around the world whoshare their stories and solutions to the challenges the ocean is facing
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 80% | — | — |
| Overhead ratio | 20% | — | — |
| Fundraising cost ratio | 0% | — | — |
| Revenue growth | 31% | — | — |
| Investment management fee ratio | 0% | — | — |
| Legal fee ratio | 2% | — | — |
| Accounting fee ratio | 0% | — | — |
| Fundraising fee ratio | 0% | — | — |
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.
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