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OCEANX EDUCATION INC

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Public IRS 990 nonprofit record

OCEANX EDUCATION INC

EIN 99-1603704 · Education N.E.C. (B99)

What they do

OCEANX EDUCATIONS MISSION is to INSPIRE and NURTURE THE NEXT GENERATION of PASSIONATE OCEAN LEADERS to PROTECT, PRESERVE and HARNESS OUR OCEANS for SOCIAL and ENVIRONMENTAL IMPACT. OCEANX EDUCATION is A NON-PROFIT INITIATIVE OFFERING YOUNG PEOPLE INSIGHTS INTO THE IMPORTANCE of OCEAN CONSERVATION, RESEARCH, and STORYTELLING THROUGH HANDS-ON EXPERIENCE and BEHIND-THE-SCENES OPPORTUNITIES.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $90.50 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders5 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

52.53%of revenue went to mission work90.5% of expenses · Program services
4.61%of revenue went to fundraising7.9% of expenses
$58.01spent for every $100 of revenueRevenue covered expenses this year.
0.88%of revenue went to management and office costs1.5% of expenses
$0.96in assets for every $1 spent this yearSome assets cannot be spent right away.
99.7%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$3,352,968
Mission workProgram services$1,761,22752.53% of revenue90.5% of expenses
ManagementOffice and general costs$29,3950.88% of revenue1.5% of expenses
FundraisingAsking for donations$154,5314.61% of revenue7.9% of expenses
Revenue left after expensesReported annual surplus$1,407,81541.99% of revenueShown in gray on the chart
Total expenses$1,945,15358.01% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Money in and money out

Revenue$3,352,968
Expenses$1,945,153
Annual surplus $1,407,815 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$1,761,227 · 90.5% of expenses
Management and office costs$29,395 · 1.5% of expenses
Fundraising$154,531 · 7.9% of expenses
See all reported dollar amounts
Revenue$3,352,968
Expenses$1,945,153
Assets$1,869,615
Income$3,352,968
Contributions$3,342,290
Mission work (program services)$1,761,227
Fundraising$154,531
Management and general$29,395
Accounting fees$6,880
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (5)

DAVID BELTDIRECTOR

GRETCHEN WAGNERSECRETARY

JAMES SCHWABTREASURER

MARK DALIOCHAIR

MATTHEW DALIODIRECTOR

About this charity

Recognized since
January 2024
Location
CO DFO ONE GLENDINNING PLACE 100, WESTPORT, CT 06880-0000
County
Fairfield
In care of
GRETCHEN WAGNER
Primary officer
GRETCHEN WAGNER, SECRETARY

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
February 21, 2024
Return type
990
Tax preparer
CLARK NUBER PS
NTEE classification
Education N.E.C. (B99)
IRS tax category
Education N.E.C.

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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