Captain Paul Watson Foundation

Nonprofit profile at a glance

EIN
883361218
IRS 990 coverage
2022–2024
Forms available
Form 990 2024
Location
New York, NY, USA
Phone
9173399403
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Marine Science and Oceanography

Reported finances

Revenue
$1,652,146
Expenses
$1,561,095
Assets
$159,641
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • PAUL WATSON (President)

People named in this filing

  • PAUL WATSON (President)
  • CLEMENTINE PALLANCA (Secretary)
  • OMAR VON EICHEL (Executive Dir.)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Defending sea life and preventing illegal operations across the ocean.

What it reported doing in 2024

For the year ended December 31, 2024, the organization FOCUSED ON FUNDING other organizations that ran the following programs.OPERATION ICE STORM is focused on saving 169 endangered Fin Whales from being slaughtered by HVALUR HF, an Icelandic whaling company operated by by Kristj N Loftsson. Despite the global moratorium on commercial whaling established by the International Whaling Commission (IWC). Iceland continues to permite this. Operation Paiakan has been established in response. Through the use of aggressive non-violence and direct intervention, The Captain Paul Watson Foundation intends to uphold international conservation law to save the lives of 169 Fin Whales.OPERATION KANJI MARU - Our mission is to stop the Japanese whaling ship Kangei Maru, the worlds largest industrial whale killing machine. Our destination is the North Pacific and to get there we need to transit the Northwest passage on our ship the M/Y John Paul DeJoria.OPERATION OCEAN KILLERS - Unleashing havoc on our oceans, super trawlers are rapidly depleting marine resources and disrupting thriving ecosystems. These colossal factory ships leave a trail of destruction in their path, producing high rates of bycatch and throwing trophic levels into chaos, disrupting vital food chains and endangering marine life all urgent issues that demand our attention.Were taking a stand against this environmental threat, calling for immediate protection for delicate marine ecosystems like the Bay of Biscay and the English Channel. This campaign is a collaboration with Sea Shepherd France, and aims to challenge the actions of these killing machines.OPERATION BLOODY FJORDS - Operation Bloody Fjords is a collaborative effort with CPWF UK and represents a resolute mission dedicated to safeguarding the cherished and remarkable lives of dolphins against a profoundly cruel mindset prevailing among certain communities deeply ingrained in the abhorrent practice of exterminating entire family pods of innocent and vulnerable, highly intelligent, and self-aware sentient beings.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 73
  • Transparency & Controls: 94
  • Accountability: 64
  • Sustainability: 46
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 80.4%; rating input score 80
  • Program expense ratio: 85.1%; rating input score 85
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 99.9%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 1 of 7 controls in place; rating input score 14
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 5.5%; rating input score 51; 51st percentile among comparable filings
  • Total-asset coverage ratio: 0.1; rating input score 5; 5th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 91; 91st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: 66.4% per year; rating input score 100; 97th percentile among comparable filings
  • Revenue growth: 54.7% per year; rating input score 100; 97th percentile among comparable filings
  • Asset growth: 3.3% per year; rating input score 100; 31st percentile among comparable filings

Details

  • Where the money goes: 80.4% of revenue deployed · 85.1% of spending went to programs
  • Governance: 3 of 3 board members independent · 1 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $1.3M in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 16 of 16 current checks pass
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 2 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Accountability: Governance controls: 5 of 6 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 5/100.
  • Review — Sustainability: Operating margin scored 51/100.