Ocean Research & Conservation Association Inc is a 501(c)(3) organization based in Vero Beach, Florida, registered in 2006, with $2,721,398 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$2.7M
▼ 25.5% vs prior year
Environment median: $250K
Expenses (FY2023)
$2.3M
Net assets
$3.3M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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. Not scored for Ocean Research & Conservation Association Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Ocean Research & Conservation Association Inc: 17 mo reserves · +14% margin earns a A on this criterion. See the exact thresholds →
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. Not scored for Ocean Research & Conservation Association Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Ocean Research & Conservation Association Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $950K (FY2013) to $2.7M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
13.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.2M
Total liabilities
$949K
Net assets
$3.3M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $2,721,398▼25.5% | $2,342,687▲1.8% | $3,296,255▲13.0% | $4,245,697▲20.9% | 990 |
| 2022 | $3,654,078▲29.2% | $2,301,569▲15.8% | $2,917,544▲86.4% | $3,512,746▲11.7% | 990 |
| 2021 | $2,827,426▲30.0% | $1,987,879▲17.6% | $1,565,036▲116% | $3,145,295▲107% | 990 |
| 2020 | $2,174,367▲15.6% | $1,690,128▲7.8% | $725,489▲117% | $1,520,786▲17.5% | 990 |
| 2019 | $1,881,676▲42.2% | $1,568,564▲5.2% | $334,615▲1456% | $1,294,047▲98.4% | 990 |
| 2018 | $1,323,203▼21.7% | $1,491,034▲13.6% | $21,503▼88.6% | $652,085▼7.4% | 990 |
| 2017 | $1,689,366▲15.3% | $1,312,789▼18.7% | $189,334▲201% | $703,939▼1.5% | 990 |
| 2016 | $1,464,953▼9.1% | $1,613,797▼8.9% | -$187,243▼388% | $714,399▲48.6% | 990 |
| 2015 | $1,611,315▼34.2% | $1,771,965▼28.7% | -$38,401▼131% | $480,600▼57.6% | 990 |
| 2014 | $2,447,630▲158% | $2,485,339▲132% | $122,251▼23.6% | $1,134,055▲92.5% | 990 |
| 2013 | $949,831 | $1,069,479▲4.8% | $159,960▼42.8% | $589,135▼9.0% | 990 |
| 2012 | — | $1,020,777▼2.7% | $279,608▼40.6% | $647,272▼21.6% | 990 |
| 2011 | — | $1,049,446▼13.8% | $470,959▼39.5% | $825,377▼25.5% | 990 |
| 2010 | — | $1,217,995 | $778,858 | $1,107,585 | 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.
30 grants to Ocean Research & Conservation Association Inc totaling $702K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Network For Good Inc | Unrestricted | 2024 | $39,158 |
| The Us Charitable Gift Trust | For recipient's exempt purpose | 2024 | $10,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $5,000 |
| Network For Good Inc | Unrestricted | 2023 | $38,850 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $18,420 |
| The Community Foundation For Greater Atlanta Inc | Environment | 2023 | $6,000 |
| Network For Good Inc | Unrestricted | 2022 | $95,262 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $32,450 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Environment & animal protection | 2022 | $15,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2022 | $11,500 |
| Bny Mellon Charitable Gift Fund | To further the organization's exempt purpose | 2022 | $10,000 |
| Network For Good Inc | Unrestricted | 2021 | $42,886 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $29,750 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $29,750 |
| Donor Advised Charitable Giving | Environmental and animals | 2021 | $8,100 |
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Data for Ocean Research & Conservation Association Inc (EIN 20-0901011) 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.