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Ocean Science International Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 043653586 ✦ Conroe, TX ✦ Designated as a 501(c)(3)

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Overview

What is Ocean Science International Inc?

Ocean Science International Inc is a nonprofit organization dedicated to delivering public benefit services, education, and research. Their activities primarily focus on programs such as Stem Elem and TWCP High School Robotics, as well as managing other program expenses. By offering these initiatives, they aim to contribute significantly to various fields, particularly in the realm of science education. Their mission is multifaceted, encompassing both direct service provision and fostering scientific learning and exploration among the younger generation.


Official website here: www.oceanscienceinternational.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 83% (Three-Star out of Four Star rating)

Ocean Science International Inc has received a commendable rating of 83% from Charity Navigator, which reflects a strong focus on accountability and finance. The organization excels in areas such as having a majority of independent board members and no material diversion of assets, showcasing its commitment to transparency and effective governance.

However, while the charity demonstrates robust financial management with a high program expense ratio of 95.45%, which indicates that most of its funds are directed towards its mission, it does have some areas needing improvement. Notably, it lacks a whistleblower policy and a document retention and destruction policy, which could affect its overall governance practices.

In summary, while Ocean Science International Inc shows considerable strengths in its financial accountability and governance structure, addressing the gaps in its policy documentation could enhance its operational integrity and trustworthiness further.


This AI summary has been generated from information found on Charity Navigator.

Is Ocean Science International Inc legitimate?

Ocean Science International Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ocean Science International 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:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.oceanscienceinternational.org

What is the mission statement of Ocean Science International Inc?

Ocean Science International, a non-profit organization, is dedicated to public service, education, and research. Through various programs such as Stem Elem and TWCP HS Robotics, and covering all other expenses, the institution aims to contribute positively to society by providing opportunities for learning and scientific advancement. Their mission is to make a difference in multiple aspects, fostering growth and understanding in the realm of science.


Official website here: www.oceanscienceinternational.org

Who is the CEO of Ocean Science International Inc?

David Mcmullen is the President of Ocean Science International Inc.


Official website here: www.oceanscienceinternational.org

What is the revenue of Ocean Science International Inc?

Ocean Science International Inc's revenue in 2022 was -$37,003.


Official website here: www.oceanscienceinternational.org

Who are the executives of Ocean Science International Inc and what are their salaries?

There 45 volunteers at Ocean Science International Inc.


Here are 6 key members and their salaries:


Richard Korf (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shawn Dewitt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allen Schwartz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rod Harvey (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Mcmullen (Vp - Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Mcmullen (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.oceanscienceinternational.org

Where can I find the form 990 for Ocean Science International Inc?

Ocean Science International Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.oceanscienceinternational.org

Learn more at the official website: www.oceanscienceinternational.org

Mission Statement of Ocean Science International Inc

Ocean Science International, a non-profit organization, is dedicated to serving the public through education, research, and providing beneficial services. Its mission is multifaceted, encompassing various programs such as Stem Elem and TWCP High School Robotics, along with funding for all other program expenses. Through these initiatives, Ocean Science International strives to make a positive impact in various domains, promoting scientific learning and innovation among its participants. The organization's efforts are geared towards fostering a better understanding of marine science and technology, contributing to a more sustainable future for our oceans.

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Impact




June, 2024

Ocean Science International Inc impacts the community by providing public benefit services, education, and research programs focused on ocean science. Through initiatives such as Stem Elem and TWCP HS Robotics, the organization contributes to the advancement of knowledge in these fields. Additionally, Ocean Science International Inc is dedicated to supporting mental health and well-being, further enhancing its positive impact on society.




This information is meant to be a general summary of Ocean Science International 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.

Revenue
-$37,003 (2022)
Expenses
$230,616 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $19,307
  • Program Service Revenue: $295,117
  • Gross Receipts: $1,767,425

Assets and Liabilities:

  • Total Assets: $1,645,562
  • Total Liabilities: $8,994
  • Net Assets: $1,636,568

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Charter Income

Revenue

$295,117

Organization Details

Founding Year

2002

Principal Officer

David Mcmullen

Main Address

173 Silverwood Ranch Drive, Conroe, TX, 77384

NTEE Category

Code: F19 - Mental health

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