Ocean Alliance Project EIN 87-4652693

Ocean Alliance Project

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Ocean Alliance Project is a science and technology nonprofit based in Honolulu, HI, formed in 2022. For fiscal year 2025 it reported $292K in revenue, $151K in expenses, and $139K in net assets.Pt I

Founded
2022
Type
Public charity (501(c)(3)) · Science & Technology
Location
Honolulu, HI
Website
oceanallianceproject.org
Filings
2 on file (2024–2025)
Revenue
$292KFY2025
Expenses
$151K
Net assets
$139K
People
4
Filings
2
Updates
0
More identity details & actions ⌄
EIN  87-4652693 Public charity (501(c)(3)) Honolulu, HI Founded 2022
Form 990 (PDF)
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Size
$100K–1M
What they do
a science and technology nonprofit
Leadership
Dylan Brown · Executive Director · $52K
Money in and out
$292K revenue, $151K expenses
Bottom line
91% program efficiency
Where the money goes · FY2025
Total revenue
$292K
Pt VIII · Ln 12
Total expenses
$151K
Pt IX · Ln 25
Net assets
$139K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $141K
Where spending went · Part IX cols B–D
Program services $0.91 Management & general $0.09
Program efficiency
91%
of spending reaches programs
Operating runway
11.1mo
months of highly liquid reserves at operating expense rate▲ ×16 vs prior filing year
Surplus margin
+48%
revenue over expenses, this year▲ ×35 vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$292K
FY2025▲ +319%
Total revenue
$292K
Pt VIII · Ln 12
Total expenses
$151K
Pt IX · Ln 25
Net assets
$139K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$141K
Total assetsPt X · Ln 16$142K
Program-expense ratioPt IX · col B91%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43
Mission & Programs · Part III

Where the work happens

1 program service account for $137K of program spending, described in the organization's own filed words · FY2025.
01

Ocean Alliance Project protected and promoted Hawaiis marine biodiversity through coral reef ecological monitoring, coral restoration support, regenerative tourism, and community education.

$137Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item COcean Alliance Project
EINHdr · item D87-4652693
Principal addressHdr · item CHonolulu, HI
WebsiteHdr · item Joceanallianceproject.org
Year of formationHdr · item L2022
State of legal domicileHdr · item MHI
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFScience & Technology (U21)
Ruling yearIRS BMFOct 2022

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$51,846Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Dylan Brown’s $52K as Executive Director is at the 35th percentile of top reported officer pay among 310 $100K–1M science & technology 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 · 1 named individual · Part VII

NameFY2025FY2024
Dylan Brown$51,846$26,769

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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Statement of Revenue

Part VIII
Contributions & grants$235K · 80%
Program service revenue$59K · 20%
Contributions & grants80%$235K
Program service revenue20%$59K
— government grantsLn 1e$200K
Total revenueLn 12$292K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.91 Management & general $0.09
Program services91%$137K
Management & general9%$14K
Total functional expensesLn 25$151K

Balance Sheet

Part X · end of year
CashLn 1$139K
Total assetsLn 16$142K
Total liabilitiesLn 26$3K
Total net assetsLn 32$139K
Months of cash on handcomputed11.1

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $139K · Operating expenses/yr $151K
11.1 months
Where the money goes
Program services
Program services $137K · Total expenses $151K
91%
Management & General
Management & general $14K · Total expenses $151K
9%
Fundraising
Fundraising $0 · Total expenses $151K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $35K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $235K · Total revenue $292K
80%
Government reliance
Government grants $200K · Total revenue $292K
68%
Earned-income share
Program service revenue $59K · Total revenue $292K
20%
Investment reliance
Investment income $0 · Total revenue $292K
0%
Program self-sufficiency
Program service revenue $59K · Total expenses $151K
39%
Growth & trend
Revenue growth (YoY)
This year $292K · Prior year $70K
+319%
Net-asset trend (YoY)
End of year $139K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $292K · Expenses $151K
+48%
Liabilities-to-Assets
Total liabilities — · Total assets $142K
Net-asset ratio
Net assets $139K · Total assets $142K
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $142K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Dylan Brown · Reported title Executive Director · Highest reported compensation $52K · Total expenses $151K
34%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $83K · Total expenses $151K
55%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 91%
Overhead ratio 9%
Revenue growth 319%

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
Total grants receivedfrom 1 funder$20K

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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)$292K revenue · viewing · ⤓ 990 PDF
FY2024$70K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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