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.

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

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.
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

Charts

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

Mission

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
Gulf Restoration Network (LA) 90.31 four stars
Coral Reef Alliance (CA) 94.05 four stars
Conservation Foundation of the Gulf Coast (FL) 100.00 four stars
Marine Conservation Institute (WA) 86.18 three stars

Compare These Charities (Highly Rated)

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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