To accelerate ocean science and conservation.

501(c)(3) charity; gifts are tax-deductible.
66¢ of each $1 spent went to programs.
$153K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average surplus $29K a year · 10% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
66%
of spending
Fine: 66% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$153K
to officers and key staff · 64% of spending
Concern: pay to officers and key staff is 64% of spending; over 30%.
Pt VII · Sec A
1 mo
of spending, in cash
Fine: 1.1 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $25K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$4K
14% of total assets
Looks good: liabilities are 14% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 4 voting members
Looks good: 3 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$210K
+21% vs prior year
Spent
$238K
To programs
66%
Net assets
$27K
By yearFY2020–FY2025
Revenue
$210K
FY2024▲ +21%
Tap a bar for its year
Revenue by fiscal year
FY2020$555K
FY2021$334K
FY2022$295K
FY2023$174K
FY2024$210K
FY2025$122K
Expenses
$238K
FY2024▼ -43%
Tap a bar for its year
Expenses by fiscal year
FY2020$261K
FY2021$372K
FY2022$415K
FY2023Not on file
FY2024$238K
FY2025$83K
Net assets
$27K
FY2024▼ -51%
Tap a bar for its year
Net assets by fiscal year
FY2020$294K
FY2021$255K
FY2022$136K
FY2023$55K
FY2024$27K
FY2025$66K

From the FY2024 Form 990 · see the original

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You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 2020.

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

Where the money goes

66 cents of each dollar spent went to programs.

Program services 66% · $158K Management & general 24% · $56K Fundraising 10% · $24K

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

5 people listed on the 990; $153K paid to officers and key staff.

Part VII, Section A · reportable compensation
President & CEO
$97,157Pt VII · Sec A
Senior Program Manager and Treasurer
$55,785Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A

Stephanie Tate’s $36K as Senior Program Manager and Treasurer is at the 20th percentile of top reported officer pay among 1989 $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

NameFY2025FY2024FY2023FY2022FY2021FY2020
Richard Vevers Tate—$97,157$96,557$158,000$158,000$81,897
Stephanie Tate$36,328$55,785$63,750$63,750$54,896$26,917

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.

See Ocean Agency executive salaries →

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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 15aYes

Programs and updates

Accelerates ocean science and conservation efforts.

Questions for Ocean Agency

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Your first name shows with your question. Ocean Agency answers here, for everyone.

Provided by the organization

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3 programs · $158K · in their own filed words · FY2024
01

Room 71 initiative -develop and support a new initiative, room 71, in partnership with the world's leading ocean science nonprofit, woods hole oceanographic institution--reimagining ocean science communication and providing scientists with the expertise, training, and support needed to engage key audiences and unlock the potential of…

$80Kprogram expense
02

General Program

Various programs that support the ocean agency's mission to accelerate ocean science and conservation, including the creation and support of freely available ocean education tools, resources, and curriculum-based programs, as well as public initiatives to raise awareness of the importance of the ocean and to inspire support for ocean…

$43Kprogram expense
03

Un Ocean Decade

Support the un ocean decade 2021-2030 in collaboration with unesco, by addressing the long-term challenge undermining support for ocean science and its potential to benefit humanity: the widespread belief that the ocean (and ocean science) is far less important than it actually is.

$35Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$25K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$210K
Ln 12
Gifts and grantsLn 1h$208K
Fees for servicesLn 2g$2K
Other incomeLn 4–11$339
Money outPt IX
$238K
Ln 25
Programscol B$158K
Managementcol C$56K
Fundraisingcol D$24K
Owns and owesPt X
$27K
net assets · Ln 32
Cash and savingsLn 1–2$21K
Total assetsLn 16$31K
LiabilitiesLn 26$4K
PeoplePt VI, VII
5
listed · VII A
PaidVII A2
Voting boardVI 1a4
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$208K
Government grantsLn 1e$0
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$0
Fees for servicesLn 2g$2K
Other incomeLn 4–11$339
Total revenueLn 12$210K
Assets in detailPt X, end of year
CashLn 1$21K
Cash and savings togetherLn 1–2$21K
Other assetsLn 15$2K
Total assetsLn 16$31K
LiabilitiesLn 26$4K
Net assetsLn 32$27K
OperationsPt I, VI
EmployeesI 52
VolunteersI 65
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 FY24End FY24
Cash and savingsLn 1–2$55K$21K
Total assetsLn 16$63K$31K
LiabilitiesLn 26$8K$4K
Net assetsLn 32$55K$27K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$153K$117K$13K$22K
Pension plan contributionsLn 8$6K$6K
Other employee benefitsLn 9$14K$14K
Payroll taxesLn 10$12K$10K$30$2K
Accounting feesLn 11c$8K$8K
Other fees for servicesLn 11g$3K$3K
Office expensesLn 13$10K$7K$4K$12
Information technologyLn 14$11K$11K$820
OccupancyLn 16$6K$798$5K
TravelLn 17$13K$13K$33
Depreciation, depletion and amortizationLn 22$2K$2K
InsuranceLn 23$520$520
Total functional expensesLn 25$238K$158K$56K$24K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $122K$83K$39K$66K 990 PDF
FY2024 Viewing $210K$238K−$28K$27K 990 PDF
FY2023 $174K$55K 990 PDF
FY2022 $295K$415K−$119K$136K 990 PDF
FY2021 $334K$372K−$39K$255K 990 PDF
FY2020 $555K$261K$294K$294K 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 FY2024 990 (6 parts)
Part I · Summary $209,769 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $171,033$207,579
I-9 Program service revenuePrior year $2,489$1,851
I-10 Investment income$0
I-11 Other revenuePrior year $491$339
I-12 Total revenuePrior year $174,013$209,769
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $199,001$184,316
I-16a Professional fundraising feesPrior year $10,026$0
I-17 Other expensesPrior year $45,685$53,774
I-18 Total expensesPrior year $254,712$238,090
I-19 Revenue less expensesPrior year −$80,699−$28,321
Part VI · Governance 3 of 4 board members independent, 1 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members3
VI-2 Family or business relationship among officers or directorsYes
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 $209,769 across 10 lines filed
Lines not itemized here account for $339 of total revenue; see the IRS return.
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$0
VIII-1f All other contributions, gifts and grants$207,579
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$207,579
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,851 · Unrelated business $0 · Excluded from tax $0$1,851
VIII-12 Total revenueRelated to mission $2,190 · Unrelated business $0 · Excluded from tax $0$209,769
Part IX · Statement of functional expenses $238,090 across 12 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $117,496 · Management $13,226 · Fundraising $22,221$152,943
IX-8 Pension plan contributionsManagement $6,118$6,118
IX-9 Other employee benefitsManagement $13,659$13,659
IX-10 Payroll taxesPrograms $9,744 · Management $30 · Fundraising $1,822$11,596
IX-11c Accounting feesManagement $7,810$7,810
IX-11g Other fees for servicesManagement $3,160$3,160
IX-13 Office expensesPrograms $6,507 · Management $3,597 · Fundraising $12$10,116
IX-14 Information technologyPrograms $10,649 · Management $820$11,469
IX-16 OccupancyPrograms $798 · Management $4,736$5,534
IX-17 TravelPrograms $12,715 · Management $33$12,748
IX-22 Depreciation, depletion and amortizationManagement $2,417$2,417
IX-23 InsuranceManagement $520$520
IX-25 Total functional expensesPrograms $157,909 · Management $56,126 · Fundraising $24,055$238,090
Part X · Balance sheet $31,187 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $54,692$21,432
X-4 Accounts receivable$7,346
X-9 Prepaid expenses and deferred charges$431
X-15 Other assetsStart of year $5,853$1,978
X-16 Total assetsStart of year $62,962$31,187
X-17 Accounts payable and accrued expensesStart of year $1,942$2,363
X-25 Other liabilitiesStart of year $5,853$1,978
X-26 Total liabilitiesStart of year $7,795$4,341
X-27 Net assets without donor restrictionsStart of year −$80,699$26,846
X-28 Net assets with donor restrictionsStart of year $135,866$0
X-32 Total net assets or fund balancesStart of year $55,167$26,846
X-33 Total liabilities and net assetsStart of year $62,962$31,187
Part XI · Reconciliation of net assets $26,846 net assets at year end
XI-1 Total revenue$209,769
XI-2 Total expenses$238,090
XI-3 Revenue less expenses−$28,321
XI-4 Net assets at start of year$55,167
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$26,846

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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