Marine Spill Response Corporation
501(c)(4)
100% goes to programs $0 to raise $100 Strong reserves
Marine Spill Response Corporation is a 501(c)(4) organization based in Herndon, Virginia, with $112,384,332 in FY2024 revenue. CharityIndex grades it A+, and it directs about 100% of spending to programs.
220 Spring St Ste 500, Herndon, VA, 20170 EIN 62-1437621
Revenue (FY2024)
$112.4M
▲ 1.6% vs prior year
Expenses (FY2024)
$106.5M
Net assets
$99.7M
Employees
531
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A+
A+Program efficiency40% of the rating100% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Marine Spill Response Corporation: 100% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating11 mo reserves · +5% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Marine Spill Response Corporation: 11 mo reserves · +5% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Marine Spill Response Corporation: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Marine Spill Response Corporation: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
Msrc provides oil spill response services. see part iii, line 1 for details.
Contact & location
Financial trends
Revenue declined from $117.6M (FY2013) to $112.4M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $73.3MNet assets $99.7M
Operating margin
5.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$173.0M
Total liabilities
$73.3M
Net assets
$99.7M
Salaries & benefits
$51.4M
48% of expenses
Board members
5
3 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $112,384,332▲1.6% | $106,529,066▼4.7% | $99,719,477▲6.2% | $173,047,693▲0.9% | 990 |
| 2023 | $110,626,949▲8.6% | $111,818,139▲6.0% | $93,864,211▼1.3% | $171,467,087▼4.4% | 990 |
| 2022 | $101,884,381▼1.3% | $105,500,244▼3.0% | $95,055,401▼3.7% | $179,406,381▲61.0% | 990 |
| 2021 | $103,175,694▲11.5% | $108,776,405▲14.6% | $98,671,264▼5.4% | $111,452,379▼5.8% | 990 |
| 2020 | $92,523,865▼0.8% | $94,878,666▼5.4% | $104,271,975▼2.2% | $118,329,796▼0.3% | 990 |
| 2019 | $93,235,947▼11.5% | $100,287,204▼5.1% | $106,626,776▼6.2% | $118,708,556▼6.9% | 990 |
| 2018 | $105,354,426▲0.6% | $105,669,085▼0.5% | $113,678,033▼0.3% | $127,451,170▼1.4% | 990 |
| 2017 | $104,687,078▲4.9% | $106,225,375 | $113,992,692▼1.3% | $129,208,854▲2.9% | 990 |
| 2016 | $99,783,498▲0.2% | $106,278,329▲5.1% | $115,530,989▼5.3% | $125,563,513▼4.5% | 990 |
| 2015 | $99,632,427▼12.6% | $101,167,042▼12.0% | $122,025,820▼1.2% | $131,517,119▼1.7% | 990 |
| 2014 | $113,988,761▼3.0% | $114,905,299▼5.3% | $123,560,435▼0.7% | $133,732,222▼3.6% | 990 |
| 2013 | $117,574,212 | $121,277,052▼19.4% | $124,476,973▼2.9% | $138,772,973▼35.0% | 990 |
| 2012 | — | $150,549,413▲41.6% | $128,179,813▼37.5% | $213,461,729▼1.6% | 990 |
| 2011 | — | $106,314,370▼89.9% | $205,198,996▼4.2% | $216,829,431▼32.9% | 990 |
| 2010 | — | $1,054,114,264 | $214,162,817 | $323,241,041 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: John Swift — $470,553 (0.44% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| John Swift | President | 40 | $470,553 |
| Joe Bowles | Vp | 40 | $425,180 |
| Mike Walker | Vp | 40 | $360,776 |
| Christine Murphy | Vp-cfo/treasurer | 40 | $347,115 |
| Gina Pace | Vp General Counsel/secretary | 40 | $305,095 |
| William Stafford | Vp | 40 | $277,872 |
| Aquilino Ordonez | Technical Services Manager | 33.3 | $274,131 |
| Rich D'allasandro | Vp | 40 | $249,075 |
| Tim Archer | Vp | 40 | $240,020 |
| Kim Babin | Assistant Treasurer | 40 | $236,767 |
| Kyle Hanson | Senior Response Manager | 33.3 | $236,204 |
| Christopher Muzzy | Director-health, Safety & Enviornment | 40 | $196,876 |
| Mary Ahearn | Director-hr | 40 | $195,373 |
| Richard Hansen | Master | 40 | $191,088 |
| Eric Haugstad | Chairman/director | 2 | $38,500 |
| Kelly Keith | Director | 2 | $38,500 |
| Paul Gugg | Director | 2 | $30,800 |
| Brett Drewry | Director | 2 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Dynamic Aviation | Dispersant Aircraft | $9,237,950 |
| Miller Environmental Group Inc | Oil Spill & Other Disaster Responses | $3,005,597 |
| Pacific Shipyards International | Drydock Services | $1,262,953 |
| Nternational Ship Repair & Marine Services Inc | Drydock Services | $975,994 |
| So Cal Ship Services | Oil Spill Response | $807,997 |
Grants received · $563.2M total
6 grants to Marine Spill Response Corporation totaling $563.2M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Marine Preservation Association | Maintaining oil spill response capability | 2024 | $103,141,000 |
| Marine Preservation Association | Oil spill response | 2023 | $97,588,000 |
| Marine Preservation Association | Oil spill response | 2022 | $94,388,000 |
| Marine Preservation Association | Oil spill response | 2021 | $92,410,000 |
| Marine Preservation Association | Oil spill response | 2020 | $87,828,000 |
| Marine Preservation Association | Oil spill response | 2020 | $87,828,000 |
Grants made · $10K in FY2020
1 grant totaling $10K in FY2020. All grants made by Marine Spill Response Corporation →
| Recipient | Purpose | Amount |
|---|---|---|
| Coast Guard Foundation Inc | Dinner conference & fundraiser | $10,000 |
Frequently asked questions
- Is Marine Spill Response Corporation a legitimate nonprofit?
- Yes. Marine Spill Response Corporation is a 501(c)(4) organization registered with the U.S. Internal Revenue Service under EIN 62-1437621, based in Herndon, Virginia.
- What is Marine Spill Response Corporation's EIN?
- Marine Spill Response Corporation's Employer Identification Number (EIN) is 62-1437621.
- How much revenue does Marine Spill Response Corporation report?
- Marine Spill Response Corporation reported $112,384,332 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Marine Spill Response Corporation's spending goes to programs?
- Marine Spill Response Corporation spends about 100% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Marine Spill Response Corporation have?
- CharityIndex grades Marine Spill Response Corporation A+, based on program efficiency and fundraising cost.
- How much does Marine Spill Response Corporation's highest-paid employee make?
- The highest reported compensation on Marine Spill Response Corporation's latest Form 990 is $470,553, paid to John Swift (President).
More nonprofits in Herndon
Explore more
Data for Marine Spill Response Corporation (EIN 62-1437621) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.