Overview
What is Ocean Outcomes?
Ocean Outcomes is a nonprofit organization dedicated to improving the sustainability of high-risk fisheries through collaboration with local communities, fisheries, and the seafood industry. Their mission focuses on advancing environmental, social, and economic sustainability in fisheries around the world. Specifically, they work in China, Costa Rica, and South Africa to assess and enhance the performance of community fisheries in these regions. Ocean Outcomes facilitates workshops and roundtables for government and industry stakeholders in South Korea to discuss illegal, unreported, and unregulated (IUU) seafood and harvest strategies. Additionally, they have developed projects to improve environmental oversight and labor conditions on approximately 30 longline vessels that catch albacore, bigeye, yellowfin, and skipjack tunas in the Pacific and Indian Oceans. Ocean Outcomes aims to cultivate deep relationships with fishermen, seafood buyers, government agencies, and non-governmental organizations to implement local solutions to systems-level problems and contribute to healthier aquatic ecosystems, a plentiful and profitable seafood supply, and thriving fishing and fish-farming communities. The organization has a total of eight employees.
Official website here: www.oceanoutcomes.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 98%, Four-Star out of Four Star rating.
Ocean Outcomes has received an impressive rating of 98% from Charity Navigator, indicating a high level of accountability and financial health. The charity excels in its financial practices, achieving a perfect score in several key areas, including an independent board and a strong program expense ratio. This suggests that a significant portion of their resources is directed towards their programs, reflecting a commitment to their mission.
The organization also showcases strong governance with fully independent board members and robust policies in place, such as a conflict of interest policy and whistleblower protections. These factors contribute to building trust and transparency with their stakeholders. The financial oversight mechanisms, including a dedicated audit and oversight committee, further enhance their credibility.
However, while the Accountability & Finance score stands at 90%, the Culture & Community score is lower at 79%. This indicates that there may be areas for improvement regarding community engagement and organizational culture. Nonetheless, the overall ratings reflect Ocean Outcomes as a well-managed nonprofit that is likely to effectively utilize its resources for impactful work.
This AI summary has been generated from information found on Charity Navigator.
Is Ocean Outcomes legitimate?
Ocean Outcomes is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ocean Outcomes 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: $191,569
Professional Fundraising Fees: $0
Other Salaries and Wages: $387,317
For more financial information, click here
Official website here: www.oceanoutcomes.org
What is the mission statement of Ocean Outcomes?
Ocean Outcomes (O2) is dedicated to improving the sustainability of high-risk fisheries by collaborating with communities, fisheries, and the seafood industry. Their mission is to create a future with healthy aquatic ecosystems, a plentiful and profitable seafood supply, and thriving fishing and fish-farming communities. O2 addresses major challenges contributing to the global crisis in ocean health, including illegal fishing, overfishing, and habitat degradation, all of which pose significant risks to the livelihoods of fishers, food security, and ocean biodiversity. Through their collaborative approach, O2 helps fisheries and fish farms achieve meaningful improvements, securing a sustainable future for communities that depend on seafood.
Official website here: www.oceanoutcomes.org
Who is the CEO of Ocean Outcomes?
Richard H Lincoln is the President And Ceo of Ocean Outcomes. The CEO's salary of Ocean Outcomes is $74,290 and their total compensation is $78,348.
Official website here: www.oceanoutcomes.org
What is the revenue of Ocean Outcomes?
Ocean Outcomes's revenue in 2022 was $1,995,220.
Official website here: www.oceanoutcomes.org
Who are the executives of Ocean Outcomes and what are their salaries?
The average compensation at Ocean Outcomes during 2022 was $72,361. There are 8 employees and 10 volunteers at Ocean Outcomes.
Here are 11 key members and their salaries (Ocean Outcomes's CEO's salary is $74,290 and their total compensation is $78,348):
- Compensation: $90,989
- Related: $0
- Other: $22,232
- Compensation: $74,290
- Related: $0
- Other: $4,058
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.oceanoutcomes.org
Where can I find the form 990 for Ocean Outcomes?
Ocean Outcomes's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.oceanoutcomes.org
Learn more at the official website: www.oceanoutcomes.org
Mission Statement of Ocean Outcomes
Ocean Outcomes, a mission-driven organization, strives to collaborate with communities and the seafood industry to enhance the sustainability of at-risk fisheries. With a focus on creating deep-rooted relationships with various stakeholders, Ocean Outcomes uncovers and implements local solutions to address systemic issues within globally significant fisheries.
The overarching goal of Ocean Outcomes is to foster healthy aquatic ecosystems, ensure a plentiful and profitable seafood supply, and promote thriving fishing and fish-farming communities. Their approach tackles the major challenges contributing to the global crisis in ocean health, such as illegal fishing, overfishing, and habitat degradation. These issues pose serious risks to the livelihoods of fishermen, food security, and ocean biodiversity.
Through collaborative efforts, Ocean Outcomes empowers fisheries and fish farms to make significant improvements, securing a brighter future for communities that heavily depend on seafood for both food and livelihoods. Their initiatives address the full spectrum of challenges threatening ocean health, working closely with local communities, fisheries, and the seafood industry to promote environmental, social, and economic sustainability.
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Impact
October, 2024
Ocean Outcomes has a significant impact on improving the sustainability of high-risk fisheries and enhancing the livelihoods of fishing communities. By fostering deep relationships with fishermen, seafood buyers, government agencies, and NGOs, they implement local solutions to complex issues affecting fisheries globally.
Their initiatives focus on a triple impact approach that considers social, economic, and environmental factors, with successful projects in regions like China, Costa Rica, and South Africa. They have supported twelve fishery improvement projects across Northeast Asia and organized workshops and discussions on critical topics such as illegal, unreported, and unregulated (IUU) fishing in South Korea.
Ocean Outcomes also enhances the capacity of partner organizations in China and Japan, positioning them as credible, science-based solution providers. They have initiated joint projects to improve labor conditions and environmental oversight on longline vessels catching various tuna species in the Pacific and Indian Oceans.
By addressing issues such as overfishing, habitat degradation, and illegal fishing, Ocean Outcomes contributes to the stability and health of aquatic ecosystems, securing food supply and promoting thriving fishing communities. Their collaborative approach leads to tangible improvements that ensure a sustainable future for those reliant on seafood for their livelihoods.
This information is meant to be a general summary of Ocean Outcomes. 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.
- Investment Income: $1,372
- Program Service Revenue: $499,242
- Gross Receipts: $1,995,220
Assets and Liabilities:
- Total Assets: $2,746,142
- Total Liabilities: $109,748
- Net Assets: $2,636,394
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM REVENUE
Revenue
$499,242
Organization Details
Founding Year
2014
Phone
(347) 326-1636Principal Officer
Richard H Lincoln
Main Address
PO BOX 11505, PORTLAND, OR, 97211
Website
www.oceanoutcomes.orgNTEE Category
Code: D30 - Animals
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