Overview
What is Oceans Initiative?
Oceans Initiative is a dedicated nonprofit organization based in Seattle, Washington, with a team of scientists committed to safeguarding marine life and the ecosystems they depend on. Their primary mission involves conducting innovative science to identify at-risk marine species and devise strategies to minimize human impacts, thereby supporting their survival and recovery. One of their significant projects focuses on the endangered Southern Resident Killer Whales, addressing threats such as insufficient salmon, excessive noise pollution, and contaminants. Oceans Initiative also conducts land-based surveys to assess the effectiveness of vessel and acoustic mitigation measures. Their work plays a crucial role in driving conservation decisions, aiming to prevent extinctions, safeguard marine biodiversity, and protect vital marine habitats.
Official website here: www.oceansintiative.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating. Oceans Initiative has demonstrated a solid performance in its accountability and finance practices, achieving an overall score of 81%. This rating reflects the organization’s transparency and responsible financial management, vital for donor confidence and support.
One of the key strengths of Oceans Initiative is its governance structure, with 83% of its board members being independent. This independence is complemented by a well-defined conflict of interest policy and strong whistleblower protections, highlighting the organization’s commitment to ethical practices. The program expense ratio of 83.29% indicates that a significant portion of its funds is directed towards program activities, ensuring that resources are effectively utilized for its mission.
While the organization has shown commendable financial health with a low liabilities to assets ratio of 21.44%, potential donors might consider the overall impact and reach of its programs as part of their evaluation. Despite these strengths, some may seek further information on the specific outcomes of its initiatives to understand the tangible differences made in the marine conservation field.
This AI summary has been generated from information found on Charity Navigator.
Is Oceans Initiative legitimate?
Oceans Initiative is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oceans Initiative 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: $325,715
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.oceansintiative.org
What is the mission statement of Oceans Initiative?
The Oceans Initiative, comprised of a team of scientists, is dedicated to preserving marine life and the ecosystems they depend on. Their mission involves conducting conservation science to identify marine species most in need of protection and discover methods to reduce human impacts. This research aims to prevent extinctions, safeguard marine biodiversity, and protect wild places. The organization's work serves as a foundation for real-world conservation decisions, influencing measures to prevent the demise of endangered species, such as the southern resident killer whales, by addressing threats like insufficient salmon, excessive noise, and contaminants. The Oceans Initiative carries out land-based surveys to evaluate the effectiveness of vessel and acoustic mitigation measures.
Official website here: www.oceansintiative.org
What is the revenue of Oceans Initiative?
Oceans Initiative's revenue in 2022 was $1,174,810.
Official website here: www.oceansintiative.org
Who are the executives of Oceans Initiative and what are their salaries?
The average compensation at Oceans Initiative during 2022 was $162,858. There are 2 employees and 6 volunteers at Oceans Initiative.
Here are 7 key members and their salaries:
- Compensation: $151,149
- Related: $0
- Other: $6,278
- 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: $174,567
- Related: $0
- Other: $6,772
Official website here: www.oceansintiative.org
Where can I find the form 990 for Oceans Initiative?
Oceans Initiative's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.oceansintiative.org
Learn more at the official website: www.oceansintiative.org
Mission Statement of Oceans Initiative
Oceans Initiative, a team of dedicated scientists, is committed to safeguarding marine life and the ecosystems they depend on. Their mission is twofold: firstly, they conduct research to identify marine species that are most in need of protection and explore ways to minimize human impacts, ensuring the survival and recovery of these species. Secondly, their findings guide real-world conservation decisions to prevent extinctions, preserve marine biodiversity, and shield wild places.
In their quest to protect endangered marine life, Oceans Initiative has taken on the challenge of the Southern Resident Killer Whales, which face threats from a lack of salmon, excessive noise, and contaminants. To address these issues, the organization conducts a land-based survey to assess the impact of vessel and acoustic mitigation measures. By doing so, Oceans Initiative aims to contribute to the conservation of these iconic marine creatures and ensure the health of our ocean ecosystems.
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Impact
July, 2024
Oceans Initiative's impact lies in its commitment to protecting marine life and the ecosystems they rely on. Through their innovative science, they guide conservation action to ensure the survival and recovery of marine species. Specifically, their research projects on the three threats to the endangered Southern Resident killer whales - lack of salmon, excessive noise, and contaminants - highlight their dedication to practical conservation efforts. By conducting land-based surveys and assessing the impact of mitigation measures, Oceans Initiative plays a crucial role in informing conservation decisions to prevent extinctions, safeguard marine biodiversity, and protect wild places.
This information is meant to be a general summary of Oceans Initiative. 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: $10,031
- Gross Receipts: $1,244,776
Assets and Liabilities:
- Total Assets: $340,668
- Total Liabilities: $73,056
- Net Assets: $267,612
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Organization Details
Founding Year
2011
Principal Officer
Erin Ashe
Website
www.oceansintiative.orgNTEE Category
Code: U21 - Science research
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