Oceanic Ascent Education & Athletics Inc
Only null% goes to programs Strong reserves Growing revenue
Oceanic Ascent Education & Athletics Inc is a 501(c)(3) organization based in Hagatna, Guam, registered in 2020, with $1,056,838 in FY2024 revenue. CharityIndex grades it B.
Po Box 1607, Hagatna, GU, 96932 EIN 66-0747234 Since 2020
Revenue (FY2024)
$1.1M
▲ 83.0% vs prior year
Environment median: $250K
Expenses (FY2024)
$755K
Net assets
$1.0M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
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 →—Program efficiency40% of the ratingNo expense breakdown in filings
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 Oceanic Ascent Education & Athletics Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating16 mo reserves · +29% 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 Oceanic Ascent Education & Athletics Inc: 16 mo reserves · +29% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Oceanic Ascent Education & Athletics Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 Oceanic Ascent Education & Athletics Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- Po Box 1607, Hagatna, GU, 96932
- City
- Hagatna
- State
- Guam
- Category
- Environment
- Subcategory
- Environmental Education
- Website
- …
Financial trends
Revenue grew from $563K (FY2022) to $1.1M (FY2024) across 3 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $4.1MNet assets $1.0M
Operating margin
28.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$5.1M
Total liabilities
$4.1M
Net assets
$1.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,056,838▲83.0% | $755,396▲42.3% | $1,018,764▲280% | $5,103,910▲1244% | 990 |
| 2023 | $577,536▲2.6% | $530,705▲17.9% | $267,756▲21.2% | $379,614▲38.8% | 990 |
| 2022 | $562,669 | $450,069 | $220,925 | $273,459 | 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.
Grants received · $115K total
5 grants to Oceanic Ascent Education & Athletics Inc totaling $115K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Online Giving Foundation Inc | General support | 2023 | $5,084 |
| Impactassets Inc | In support of guahan sustainable culture, a fiscally sponsored project of oceanic ascent education, inc. | 2021 | $50,000 |
| National Philanthropic Tr | Environment, animals | 2021 | $10,000 |
| Impactassets Inc | General support | 2020 | $45,000 |
| Tides Center | Sustainable environment | 2020 | $5,000 |
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Frequently asked questions
- Is Oceanic Ascent Education & Athletics Inc a legitimate nonprofit?
- Yes. Oceanic Ascent Education & Athletics Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 66-0747234, based in Hagatna, Guam. Donations are tax-deductible.
- What is Oceanic Ascent Education & Athletics Inc's EIN?
- Oceanic Ascent Education & Athletics Inc's Employer Identification Number (EIN) is 66-0747234.
- How much revenue does Oceanic Ascent Education & Athletics Inc report?
- Oceanic Ascent Education & Athletics Inc reported $1,056,838 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Oceanic Ascent Education & Athletics Inc have?
- CharityIndex grades Oceanic Ascent Education & Athletics Inc B, based on financial health (reserves and operating margin).
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Data for Oceanic Ascent Education & Athletics Inc (EIN 66-0747234) 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.