nonprofit logo

The Ocean Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 710863908 ✦ Washington, DC ✦ Designated as a 501(c)(3)

Overview

What is The Ocean Foundation?

The Ocean Foundation is a non-profit organization situated in Washington, D.C. Its primary mission is to protect and preserve marine life, with a special focus on species of significant concern. The foundation serves as a community-based organization, aiming to support and strengthen those dedicated to restoring the health of ocean environments worldwide. By focusing on apex predators and keystone species, the foundation hopes to maintain a balanced marine ecosystem. The Ocean Foundation operates under the motto, "Tell Us What You Want To Do," reflecting its openness to various initiatives aimed at ocean conservation. The foundation currently employs 42 individuals in its mission to reverse the destruction of ocean environments.


Official website here: www.oceanfdn.org

Is The Ocean Foundation legitimate?

The Ocean Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Ocean Foundation 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.

Here are some key statistics you may want to consider:

Executive Compensation: $337,479
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,648,579

For more financial information, click here


Official website here: www.oceanfdn.org

What is the mission statement of The Ocean Foundation?

The Ocean Foundation is a unique community-driven organization with a mission to support, bolster, and advocate for groups dedicated to reversing the global degradation of ocean environments. Their motto is "Tell Us What You Want To Do." The mission of this organization is primarily focused on protecting species of concern, especially the large marine animals that serve as indicators of the health of ocean ecosystems. By preserving these apex predators and keystone species, they aim to maintain the balance within the ocean's ecosystem.


Official website here: www.oceanfdn.org

Who is the CEO of The Ocean Foundation?

Mark J Spalding is the Chairman & Director of The Ocean Foundation.


Official website here: www.oceanfdn.org

What is the revenue of The Ocean Foundation?

The Ocean Foundation's revenue in 2022 was $11,796,534.


Official website here: www.oceanfdn.org

Who are the executives of The Ocean Foundation and what are their salaries?

The average compensation at The Ocean Foundation during 2022 was $71,097. There are 42 employees and 250 volunteers at The Ocean Foundation.

Here are 20 key members and their salaries:

    Mark J Spalding (President)
  • Compensation: $300,258
  • Related: $0
  • Other: $36,604

    • Shana Miller (Program Director)
  • Compensation: $143,992
  • Related: $0
  • Other: $10,542

    • Tamika Washington (Finance & Operations Director)
  • Compensation: $132,340
  • Related: $0
  • Other: $18,066

    • Kate Morrison (Strategic Partnerships Director)
  • Compensation: $127,300
  • Related: $0
  • Other: $9,254

    • Maria Alej Navarrete Hernandez (Govt & Multinationals Liason Officer)
  • Compensation: $113,400
  • Related: $0
  • Other: $18,450

    • David Gershman (Program Officer)
  • Compensation: $111,583
  • Related: $0
  • Other: $18,261

    • Elliot S Cafritz (Chairman & Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Angel Braestrup (Secretary & Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joshua R Ginsberg (Treasurer (7/21 - 9/21) & Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Olha Krushelnytska (Treasurer (9/21 - ) & Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bill Eichbaum (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dawn Martin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Russell F Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lisa Volgenau (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Imani Fairweather Morrison (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Denise Naguib (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lumay Wang (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ed Tillinghast (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karen Thorne (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rolando Morillo (Director (9/21 - ))
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.oceanfdn.org

    Where can I find the form 990 for The Ocean Foundation?

    The The Ocean Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.oceanfdn.org

    Learn more at the official website: www.oceanfdn.org

    Mission Statement of The Ocean Foundation

    The Ocean Foundation, a unique community-oriented organization, is on a mission to support, strengthen, and promote entities dedicated to the preservation and rejuvenation of ocean environments worldwide. With the motto "Tell Us What You Want To Do," this foundation seeks to aid organizations that aim to reverse the alarming trend of ocean destruction.

    The primary focus of The Ocean Foundation is the protection of species of concern, particularly those that play a crucial role in maintaining the balance of ocean ecosystems. These apex predators and keystone species, such as whales, dolphins, and sharks, captivate our interest and serve as important indicators of the overall health of the oceans. By supporting organizations that work to safeguard these species, The Ocean Foundation contributes to the overall health and sustainability of the world's oceans.

    In essence, The Ocean Foundation serves as a beacon of hope for communities and organizations worldwide, striving to preserve and protect our oceans and the diverse wildlife that call them home. By fostering collaboration and support, the foundation aims to create a ripple effect, ultimately leading to a healthier ocean environment for future generations.

    Impact

    This information is meant to be a general summary of The Ocean Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Tuesday, June 18, 2024

    The Ocean Foundation's impact is centered around supporting, strengthening, and promoting organizations dedicated to reversing the trend of destruction of ocean environments around the world. One key focus area is protecting species of concern, such as humpback whales, dolphins, and great white sharks. These animals serve as ambassadors of the sea, playing crucial roles as apex predators and keystone species in maintaining the balance of the ocean ecosystem. By working to safeguard these species, The Ocean Foundation contributes to the overall health and sustainability of ocean environments globally.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $6,042
  • Program Service Revenue: $637,529
  • Gross Receipts: $11,811,470

    • Assets and Liabilities:
  • Total Assets: $16,715,684
  • Total Liabilities: $1,060,784
  • Net Assets: $15,654,900
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Fees for Services

    Revenue

    $637,529

    Organization Details

    Founding Year

    2001

    Principal Officer

    Mark J Spalding

    Main Address

    1320 19th Street NW, Washington, DC, 20036

    NTEE Category

    Code: C12 - Environment

    If you are a representative of The Ocean Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.