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Environment : Environmental Protection and Conservation

The Ocean Foundation

Tell us what you want to do for the ocean, we'll take care of the rest

four stars

94.69

1320 19th Street, NW 5th Floor
Washington, DC 20036
tel: (202) 887-8996   Web Site
EIN: 71-0863908

Board Leadership
Mark J. Spalding
Chair

CEO
Mark J. Spalding
President

  Score
(out of 100)
Rating
Overall Score & Rating 94.69 four stars
  Financial 92.50 four stars
  Accountability & Transparency 100.00 four stars
This rating was published 05/01/2017 and includes data from FY2016, the most recent 990 received at that time.

Learn more about how we calculate the overall score and rating.

Financial

four stars

92.50

Accountability & Transparency

four stars

100.00

This rating was published 05/01/2017 and includes data from FY2016, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
85.1%
  Administrative Expenses 11.1%
  Fundraising Expenses 3.7%
  Fundraising Efficiency $0.04
  Working Capital Ratio (years) 0.49
  Program Expenses Growth 9.9%
  Liabilities to Assets 14.9%
All data for Financial Performance Metrics calculations was provided by The Ocean Foundation on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by The Ocean Foundation on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
The Ocean Foundation (DC) 94.69 four stars
Gulf of Maine Research Institute (ME) 86.98 three stars
Surfrider Foundation (CA) 86.45 three stars
Oceana (DC) 93.10 four stars
Marine Conservation Institute (WA) 86.18 three stars

Compare These Charities (Highly Rated)

Founded in 2001, The Ocean Foundation (TOF) is a unique community foundation with a mission to support, strengthen, and promote those organizations dedicated to reversing the trend of destruction of ocean environments around the world. They work with a community of donors who care about the coasts and oceans. In this manner, they grow the financial resources available to support marine conservation in order to promote healthy ocean ecosystems and benefit the human communities that depend on them. TOF increases the capacity of conservation organizations, hosts projects and funds, and supports those working to improve the health of ocean species globally.

REVENUE  
Contributions  
   Contributions, Gifts & Grants $4,414,923
   Federated Campaigns $8,493
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $1,102,875
Total Contributions $5,526,291
   Program Service Revenue $507,289
Total Primary Revenue $6,033,580
   Other Revenue $40,910
TOTAL REVENUE $6,074,490
   
EXPENSES  
   Program Expenses $6,015,744
   Administrative Expenses $731,748
   Fundraising Expenses $219,070
TOTAL FUNCTIONAL EXPENSES $6,966,562
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-892,072
   
Net Assets $3,001,085

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Protecting Species of Concern $1,684,685 28.0%
Protecting Marine Habitats and Special Places $1,598,339 26.6%
Ocean Literacy and Public Awareness $797,973 13.3%

Ratings History
The Ocean Foundation has received 2 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2016-06 05/01/2017 94.69 four stars
2015-06 06/01/2016 95.99 four stars
 
CN 2.0
2014-06 10/01/2015 84.23 three stars
2014-06 09/01/2015 80.99 three stars
2013-06 07/01/2014 93.27 four stars
2013-06 06/01/2014 92.70 four stars
2012-06 06/01/2013 96.10 four stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 71-0863908
Name in IRS Master File OCEAN FOUNDATION
NTEE Code C12
NTEE Classification Fund Raising and/or Fund Distribution
NTEE Type Environmental Quality, Protection and Beautification
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date May, 2002
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2016
  • June, 2015
  • June, 2014
  • June, 2013
  • June, 2012

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

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Compensation % of Expenses Paid to Title
$239,091 3.43% Mark J. Spalding President

Founded in 2001, The Ocean Foundation (TOF) is a unique community foundation with a mission to support, strengthen, and promote those organizations dedicated to reversing the trend of destruction of ocean environments around the world. They work with a community of donors who care about the coasts and oceans. In this manner, they grow the financial resources available to support marine conservation in order to promote healthy ocean ecosystems and benefit the human communities that depend on them. TOF increases the capacity of conservation organizations, hosts projects and funds, and supports those working to improve the health of ocean species globally.

Highly Rated

Charity Name & State Overall Score Overall Rating
The Ocean Foundation (DC) 94.69 four stars
Conservation Foundation of the Gulf Coast (FL) 91.40 four stars
Clean Ocean Action (NJ) 92.15 four stars
Los Angeles Waterkeeper (CA) 87.34 three stars
Gulf Restoration Network (LA) 90.31 four stars

Compare These Charities (Highly Rated)

This charity has an official representative registered with Charity Navigator.

Charity Contact Info

The Ocean Foundation
1320 19th Street, NW
5th Floor
Washington, DC 20036
tel: (202) 887-8996
fax: (202) 887-8987
EIN: 71-0863908

Visit Web Site

Board Leadership

Mark J. Spalding
Chair

CEO

Mark J. Spalding
President

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