Overview
What is The International Coastal & Ocean Organization Inc?
The International Coastal & Ocean Organization Inc, situated in Orleans, Massachusetts, is a dedicated nonprofit organization focused on promoting a global agenda for oceans, coasts, and Small Island Developing States (SIDS). Their mission encompasses policy analyses, fostering multistakeholder dialogues, and capacity building with the aim of driving positive change in this critical area. Recent activities include organizing the COP27 Virtual Ocean Pavilion, participating in a side event on ocean blue networks, and preparing project documents for a capacity-building project in marine areas beyond national jurisdiction.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 33%
The International Coastal & Ocean Organization Inc has received a low rating of 33%, resulting in a Zero-Star out of Four Stars designation. This score reflects concerns in accountability and financial transparency, which are critical for donor confidence. While the organization has demonstrated strength in governance elements, such as having a fully independent board and no material diversion of assets, significant weaknesses in policy documentation hinder its overall evaluation.
Specifically, the organization lacks essential policies such as a conflict of interest policy, whistleblower policy, and a documented retention and destruction plan, each contributing to its low accountability score. Additionally, the absence of a posted tax form on the nonprofit’s website raises red flags regarding transparency. Although the program expense ratio stands at 31.14%, indicating that some funds are directed toward mission-related activities, the overall financial management appears to be inadequate.
In conclusion, while The International Coastal & Ocean Organization Inc may have some positive governance aspects, the critical deficiencies in transparency and accountability underscore the need for improvement. Donors may want to exercise caution when considering support for this organization until these issues are addressed.
This AI summary has been generated from information found on Charity Navigator.
Is The International Coastal & Ocean Organization Inc legitimate?
The International Coastal & Ocean Organization Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The International Coastal & Ocean Organization Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
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Other Salaries and Wages: $0
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What is the mission statement of The International Coastal & Ocean Organization Inc?
The International Coastal & Ocean Organization Inc's mission is focused on driving forward the global agenda related to oceans, coasts, and Small Island Developing States (SIDS). They accomplish this by conducting policy analyses, facilitating multi-stakeholder dialogues, and providing capacity building. This organization aims to make significant contributions in these areas, working towards a globally sustainable ocean and coastline environment, as well as the development of SIDS. Their activities include organizing events, such as the COP27 Virtual Ocean Pavilion, hosting side events, and preparing project documents for capacity-building projects in marine areas beyond national jurisdiction.
Who is the CEO of The International Coastal & Ocean Organization Inc?
Miriam Balgos is the Director of The International Coastal & Ocean Organization Inc.
What is the revenue of The International Coastal & Ocean Organization Inc?
The International Coastal & Ocean Organization Inc's revenue in 2022 was $76,139.
Who are the executives of The International Coastal & Ocean Organization Inc and what are their salaries?
There 8 volunteers at The International Coastal & Ocean Organization Inc.
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Where can I find the form 990 for The International Coastal & Ocean Organization Inc?
The International Coastal & Ocean Organization Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The International Coastal & Ocean Organization Inc
The International Coastal & Ocean Organization Inc is committed to advancing the global agenda on oceans, coasts, and Small Island Developing States (SIDS) through various means. This nonprofit organization focuses on policy analyses, multi-stakeholder dialogues, and capacity building as its primary methods to achieve its goal. By doing so, it aims to contribute to the global ocean agenda in a significant way.
In more detail, The International Coastal & Ocean Organization Inc engages in activities such as organizing and conducting events, like the COP27 Virtual Ocean Pavilion at the UNFCCC COP27. These events provide a platform for stakeholders to collaborate and discuss important ocean-related issues. Additionally, the organization holds side events, such as the UNFCCC COP27 Side Event on Cooperation and Collaboration Towards Ocean Blue NDCs, which took place in Sharm El-Sheikh, Egypt, on November 15, 2022.
Furthermore, The International Coastal & Ocean Organization Inc is involved in the preparation of project documents for a capacity-building project on marine areas beyond national jurisdiction. This project aims to strengthen the capacities of relevant stakeholders in managing these areas effectively, contributing to the overall sustainability of the oceans and coastal regions. Through these activities, the organization seeks to make a tangible impact on global ocean and coastal policies and practices.
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Impact
August, 2024
The International Coastal & Ocean Organization Inc is actively working to advance the global agenda on oceans, coasts, and small island developing states (SIDS) through policy analyses, multi-stakeholder dialogues, and capacity building. One of its major program services includes organizing and conducting the COP27 Virtual Ocean Pavilion at the UNFCCC COP27, as well as hosting side events and preparing project documents for capacity-building projects on marine areas beyond national jurisdiction.
Through these activities, The International Coastal & Ocean Organization Inc is contributing to raising awareness, promoting cooperation, and fostering collaboration towards sustainable ocean conservation and management. By engaging in science research and advocating for policies that benefit oceans and coastal communities, the organization is making a significant impact on the global efforts to protect marine environments and support the sustainable development of small island developing states.
This information is meant to be a general summary of The International Coastal & Ocean Organization Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $5,482
- Gross Receipts: $76,139
Assets and Liabilities:
- Total Assets: $32,054
- Total Liabilities: $0
- Net Assets: $32,054
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTNL ATOM NRG & DEFRA
Revenue
$5,482
WORLD BANK
FOOD & AGRICULTURE ORG
Organization Details
Founding Year
1989
Principal Officer
Miriam Balgos
Main Address
105 GREAT OAK ROAD, Orleans, MA, 02653
NTEE Category
Code: U00 - Science research
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