Overview
What is Ocean Agency?
Ocean Agency, based in Newport, Rhode Island, serves as a dedicated nonprofit organization focusing on ocean conservation and protection. They are committed to creating awareness about the ocean's importance and inspiring support for ocean science and conservation. By developing educational tools, curriculum-based programs, and public campaigns, they aim to engage a wider audience and foster a deeper understanding of the crucial role oceans play in our world. Collaborating with the UN and other partners, they are an official activity of the UN Ocean Decade, working diligently to identify and address the most pressing issues concerning our oceans and collaborate on innovative solutions. Although the organization is small, with only two employees, their impact is significant as they strive to protect and conserve our oceans for future generations.
Official website here: www.theoceanagency.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Stars)
Ocean Agency has received a Three-Star rating from Charity Navigator, indicating a solid level of performance, particularly in the area of accountability and finance. The charity's high score reflects its commitment to maintaining a transparent and responsible financial structure, with no material diversion of assets reported and a favorable liabilities to assets ratio of 12.48%. This suggests that the organization is effectively managing its resources and financial obligations.
One of the standout features of Ocean Agency is its governance, as evidenced by the composition of its board. The organization boasts a majority of independent board members, which enhances its accountability. Furthermore, it adheres to strong practices in documentation, consistently providing board meeting minutes and having a clear conflict of interest policy in place.
However, there are some areas for improvement noted in the evaluation. The absence of a whistleblower policy and a document retention and destruction policy indicates potential weaknesses in its governance framework. While the organization is performing admirably overall, addressing these gaps could further bolster its accountability and enhance stakeholder confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Ocean Agency legitimate?
Ocean Agency is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ocean Agency 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: $158,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $63,750
For more financial information, click here
Official website here: www.theoceanagency.org/
What is the mission statement of Ocean Agency?
The Ocean Agency, an organization dedicated to ocean conservation, aims to generate public support and funding for ocean science and preservation efforts. By identifying critical issues, they develop innovative ideas, communications strategies, and collaborations to address these challenges effectively. Their activities include creating freely accessible educational tools and resources, developing curriculum-based programs, and organizing public campaigns and events to raise awareness about the importance of the ocean and stimulate support for conservation initiatives. The Ocean Agency also collaborates with the United Nations and other partners in the United Nations Ocean Decade to achieve their objectives.
Official website here: www.theoceanagency.org/
Who is the CEO of Ocean Agency?
Richard Vevers Tate is the President, Ceo & Director of Ocean Agency. The CEO's salary of Ocean Agency is $158,000 and their total compensation is $158,000.
Official website here: www.theoceanagency.org/
What is the revenue of Ocean Agency?
Ocean Agency's revenue in 2022 was $295,093.
Official website here: www.theoceanagency.org/
Who are the executives of Ocean Agency and what are their salaries?
The average compensation at Ocean Agency during 2022 was $110,875. There are 2 employees and 2 volunteers at Ocean Agency.
Here are 5 key members and their salaries (Ocean Agency's CEO's salary is $158,000 and their total compensation is $158,000):
- Compensation: $158,000
- Related: $0
- Other: $0
- Compensation: $63,750
- 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.theoceanagency.org/
Where can I find the form 990 for Ocean Agency?
Ocean Agency's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.theoceanagency.org/
Learn more at the official website: www.theoceanagency.org/
Mission Statement of Ocean Agency
The Ocean Agency, a pioneering organization, is dedicated to fostering support and demand for ocean science and conservation. By identifying the most pressing ocean-related issues, this agency strategically develops innovative ideas, communications, and collaborations to address these challenges effectively.
In their mission, they create a wide array of tools, resources, and educational materials, making them freely accessible to the public. These resources aim to raise awareness about the importance of oceans and inspire individuals to support conservation efforts. The Ocean Agency has even collaborated with the United Nations and other partners for the UN Ocean Decade, developing curriculum-based programs, public campaigns, and events as part of this collaboration.
By doing so, The Ocean Agency hopes to not only increase understanding of the ocean's critical role but also ignite a passion for its protection and preservation among people from all walks of life.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
June, 2024
Ocean Agency's impact is significant in the field of ocean conservation and protection. They play a crucial role in creating awareness about the importance of the ocean and inspiring support for ocean science and conservation efforts. Through their development of freely available ocean education tools, resources, curriculum-based programs, and public campaigns, Ocean Agency effectively communicates the urgent issues facing the ocean and works towards finding solutions through creative ideas and collaborations. Their initiatives not only help in educating the public but also contribute to the preservation of the marine environment for future generations.
This information is meant to be a general summary of Ocean Agency. 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: $10,000
- Gross Receipts: $295,093
Assets and Liabilities:
- Total Assets: $155,253
- Total Liabilities: $19,386
- Net Assets: $135,867
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Consulting Income
Revenue
$10,000
Organization Details
Founding Year
2019
Phone
(717) 497-6670Principal Officer
Richard Vevers Tate
Main Address
8 Eadie Street, Newport, RI, 028402204
Website
www.theoceanagency.org/NTEE Category
Code: C30 - Environment
If you are a representative of Ocean Agency and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.