Ocean Rescue Alliance Inc
Nonprofit profile at a glance
- EIN
- 863337083
- IRS 990 coverage
- 2024–2024
- Forms available
- Form 990 2024, Form 990-EZ 2023, Form 990-N 2022
- Location
- Apollo Beach, FL, USA
- Phone
- 3866897675
- Rating
- 55
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Marine Science and Oceanography
Reported finances
- Revenue
- $664,417
- Expenses
- $494,324
- Assets
- $265,329
- Liabilities
- $1,055
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
2 people listed
Highest reported compensation
- Shelby C Thomas (Program Director): $48,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
At ORAI we are addressing Floridas most pressing coastal challenges by integrating habitat, shoreline protection, and economic resilience. Through innovative science, art, and engineering, weve building living infrastructure that supports marine biodiversity while strengthening communities and local economies.
What it reported doing in 2024
Artificial Reef Project for habitat restoration and ecotourism.
Operating model
- Revenue model
- Earned-program. 69% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% 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
MIXED - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of voting board members are independent.
Rating breakdown
- Financial Efficiency: 39
- Transparency & Controls: 92
- Accountability: 31
- Sustainability: 59
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 38.9%; rating input score 39
- Program expense ratio: 52.3%; rating input score 52
- Fundraising efficiency: $1.33 raised per $1 spent on fundraising; rating input score 4; 4th percentile among comparable filings
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: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 5th percentile among comparable filings
- Governance controls: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 25.6%; rating input score 81; 81st percentile among comparable filings
- Total-asset coverage ratio: 0.54; rating input score 25; 25th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 75; 75th percentile among comparable filings
- Officer compensation ratio: 9.7%; rating input score 38; 38th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 87.3% per year; rating input score 100; 99th percentile among comparable filings
- Asset growth: 59.9% per year; rating input score 100; 97th percentile among comparable filings
Details
- Where the money goes: 38.9% of revenue deployed · 52.3% of spending went to programs
- Governance: 0 of 3 board members independent · 6 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $258K in reported program spending
- Leadership: top reported pay $48K · 2 people listed
- Highest-paid contractors: 1 contractor listed · $100K reported
- Consistency: 23 of 23 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 39/100.
- High — Accountability: Independent voting board scored 0/100.
- Review — Financial Efficiency: Program expense ratio scored 52/100.
- High — Financial Efficiency: Fundraising efficiency scored 4/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- High — Sustainability: Total-asset coverage ratio scored 25/100.
- Moderate — Sustainability: Officer compensation ratio scored 38/100.