Ocean Outcomes

Nonprofit profile at a glance

EIN
464901375
IRS 990 coverage
2017–2024
Forms available
Form 990 2024, Form 990-N 2015
Location
Portland, OR, USA
Phone
3473261636
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Wildlife Preservation, Protection

Official website

Reported finances

Revenue
$1,717,307
Expenses
$1,881,546
Assets
$2,268,786
Liabilities
$105,865

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

Leadership & pay

14 people listed

Executive titles in this filing

  • KELLY HARRELL (PRESIDENT AND EXECUTIVE DIRECTOR)
  • RICH H LINCOLN (PRESIDENT AND EXECUTIVE DIRECTOR)

Highest reported compensation

  • KELLY HARRELL (PRESIDENT AND EXECUTIVE DIRECTOR): $153,903 total reported compensation
  • NICOLE WILLIAMS (SECRETARY AND DIRECTOR OF FINANCE & OPERATIONS): $122,606 total reported compensation
  • JOCELYN DRUGAN (ANALYTICS TEAM DIR AND SR. FISHERIES SCIENTIST): $117,453 total reported compensation

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

Overview

Mission

See schedule oocean outcomes (o2) exists to create a future with healthy aquatic ecosystems, aplentiful and profitable seafood supply, and thriving fishing and fish-farmingcommunities. We work with local communities, fisheries and the seafood industry toimprove the environmental, social and economic sustainability of fisheries. Our workaddresses the full range of major challenges contributing to the global crisis inocean health, including illegal fishing, overfishing, and habitat degradation. All ofthese represent serious risks to the livelihood of fishers, food security, and oceanbiodiversity. O2's collaborative approach helps fisheries and fish farms achievemeaningful improvements that result in a more secure future for communities thatare dependent upon seafood for food and livelihoods.

What it reported doing in 2024

Fishery and seafood initiatives- engaged 20% of the northeast asian longline tuna fleet in sustainability initiatives.- grew number of led and/or supported fishery improvement projects 33 globally.- supporting the scaling of electronic monitoring (em) in northeast asia through technical support and capacity building.- played a lead role in one of the first major projects to test the use of electronic monitoring for labor and human rights conditions.- provided migrant crew on distant water fishing vessels in taiwan with language, educational and vocational training. (continued on schedule o)- brought together companies representing nearly half of korea's sustainable tuna catch to advance electronic monitoring and sustainability initiatives in their supply chains.

Operating model

Revenue model
Donor-supported. 69% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 96% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 86
  • Transparency & Controls: 75
  • Accountability: 100
  • Sustainability: 30
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 93.8%; rating input score 94
  • Program expense ratio: 85.5%; rating input score 85
  • Fundraising efficiency: $13.27 raised per $1 spent on fundraising; rating input score 47; 47th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: 1 of 8 controls in place; rating input score 12
    • Claims monitoring procedures: Pass
    • Requires narrative reports: Fail
    • Conducts field audits: Fail
    • May suspend future funding: Fail
    • Requires financial reports: Fail
    • Conducts site visits: Fail
    • Requires grant agreements: Fail
    • May require repayment: Fail
  • Grant itemization coverage: 100%; rating input score 100; 76th 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: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -9.6%; rating input score 17; 17th percentile among comparable filings
  • Total-asset coverage ratio: 1.21; rating input score 49; 49th percentile among comparable filings
  • Liabilities to assets ratio: 0.05; rating input score 53; 53rd percentile among comparable filings
  • Officer compensation ratio: 22.5%; rating input score 12; 12th percentile among comparable filings

Growth

  • Program expense growth: -3.2% per year; rating input score 0; 10th percentile among comparable filings
  • Revenue growth: -0.3% per year; rating input score 0; 14th percentile among comparable filings
  • Asset growth: 4.5% per year; rating input score 100; 36th percentile among comparable filings

Details

  • Where the money goes: 93.8% of revenue deployed · 85.5% of spending went to programs
  • Governance: 9 of 9 board members independent · 9 of 9 filing controls reported
  • Programs: 2 filed program accomplishments · $1.6M in reported program spending
  • Leadership: top reported pay $154K · 14 people listed · 4 of 6 pay-setting controls reported
  • Highest-paid contractors: 1 contractor listed · $116K reported
  • Consistency: 28 of 28 current checks pass
  • Schedules: 8 filed schedules · includes major donors, foreign activity, grants, and executive pay
  • Filing history: 7 filing years from 2017 to 2024
  • Contacts: How to reach this organization
  • Money network: 5 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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 — Transparency & Controls: Foreign activity oversight: 7 of 8 not reported.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 47/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 17/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 49/100.
  • High — Sustainability: Officer compensation ratio scored 12/100.
  • Review — Sustainability: Liabilities to assets ratio scored 53/100.