Live Ocean
Nonprofit profile at a glance
- EIN
- 851066585
- IRS 990-EZ coverage
- 2022–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2024
- Location
- San Diego, CA, USA
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Natural Resources Conservation and Protection
Reported finances
- Revenue
- $125,000
- Expenses
- $70,040
- Assets
- $65,698
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
4 people listed
People named in this filing
- Amanda Louise Pamela Martin (Board Director)
- Erin Miserlis (Board Director)
- Jeremy Kenneth John Fanstone (Board Director)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Ocean conservation with a focus on seabirds - supporting seabird safe fishing with a toolkit and roll out with fishing fleets to help reduce the endangered seabirds such as the albatross being caught.
What it reported doing in 2025
The development of the toolkit being used by international fleets. Information on the toolkit can be found at https : www.acap.aq resources bycatch-mitigation seabird-safe-fishing-toolkit
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
STRONG - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 72
- Transparency & Controls: 100
- Sustainability: 67
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 56%; rating input score 56
- Program expense ratio: 99.9%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 44%; rating input score 90; 90th percentile among comparable filings
- Total-asset coverage ratio: 0.94; rating input score 57; 57th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: -24.7% per year; rating input score 0; 9th percentile among comparable filings
- Revenue growth: -6.6% per year; rating input score 0; 6th percentile among comparable filings
- Asset growth: 49.6% per year; rating input score 100; 92nd percentile among comparable filings
Details
- Where the money goes: 56% of revenue deployed · 99.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $70K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2022 to 2025
- Contacts: How to reach this organization
- 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.
- Review — Financial Efficiency: Mission deployment rate scored 56/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 57/100.