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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

99.69

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

Board Leadership
Elliot Cafritz
Chair

CEO
Mark J. Spalding
President

  Score
(out of 100)
Rating
Overall Score & Rating 99.69
  Financial 99.57
  Accountability & Transparency 100.00
This rating was published 10/01/2021 and includes data from FY2020, the most recent 990 received at that time.

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.

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.

Financial

99.57

Accountability & Transparency

100.00

This rating was published 10/01/2021 and includes data from FY2020, 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)
83.5%
  Administrative Expenses 8.2%
  Fundraising Expenses 8.2%
  Fundraising Efficiency $0.06
  Working Capital Ratio (years) 1.81
  Program Expenses Growth 11.1%
  Liabilities to Assets 3.2%
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) 99.69
Marine Conservation Institute (WA) 87.07
Healthy Gulf (LA) 86.59
Coral Restoration Foundation (FL) 95.58
Save The Bay - Narragansett Bay (RI) 88.60

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $15,931,373
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $1,896,999
Total Contributions $17,828,372
   Program Service Revenue $636,145
Total Primary Revenue $18,464,517
   Other Revenue $46,083
TOTAL REVENUE $18,510,600
   
EXPENSES  
   Program Expenses $7,160,064
   Administrative Expenses $808,868
   Fundraising Expenses $791,702
TOTAL FUNCTIONAL EXPENSES $8,760,634
   
Payments to Affiliates $0
Excess (or Deficit) for the year $9,749,966
   
Net Assets $14,859,130

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 Marine Habitats and Special Places $2,901,101 40.5%
Protecting Species of Concern $1,909,060 26.7%
Ocean Literacy and Public Awareness $1,219,186 17.0%

Ratings History
The Ocean Foundation has received 6 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2020-06 10/01/2021 99.69
2019-06 06/01/2020 95.00
2018-06 07/01/2019 96.46
2017-06 06/01/2018 93.79
2016-06 05/01/2017 94.69
2015-06 06/01/2016 95.99
 
CN 2.0
2014-06 10/01/2015 84.23
2014-06 09/01/2015 80.99
2013-06 07/01/2014 93.27
2013-06 06/01/2014 92.70
2012-06 06/01/2013 96.10

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, 2018
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
Compensation % of Expenses Paid to Title
$274,918 3.13% Mark J. Spalding President

Highly Rated

Charity Name & State Overall Score Overall Rating
The Ocean Foundation (DC) 99.69
Chesapeake Bay Foundation (MD) 86.20
EarthEcho International (DC) 97.06
Coral Restoration Foundation (FL) 95.58
Ocean Conservancy (DC) 94.13

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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

Elliot Cafritz
Chair

CEO

Mark J. Spalding
President

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