Openoceans Global
Nonprofit profile at a glance
- EIN
- 262476179
- IRS 990 coverage
- 2024–2024
- Forms available
- Form 990 2024, Form 990-EZ 2012, Form 990-N 2023
- Location
- San Diego, CA, USA
- Phone
- 8583535489
- Rating
- 69
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Water Resource, Wetlands Conservation and Management
Reported finances
- Revenue
- $211,611
- Expenses
- $14,615
- Assets
- $207,711
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- CARL NETTLETON (PRESIDENT)
People named in this filing
- CARL NETTLETON (PRESIDENT)
- PHILIP WHITE (CFO)
- MOHSEN MORTADA (CORPORATE SECRETARY)
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
To build a gis-based web infrastructure designed to bring together ocen data, to connect the ocean community, to recognize expemplary sources of ocen information, to visuailize and better understand ocean processes, to help resolve ocean policy questions and disputes, and to carry on other charitable, scientific and educational activities associated with this goal as allowed by law.
What it reported doing in 2024
Openoceans global is focused on stemming the flow of plastic to the ocean. Our ways of achiving our goal is as follows: 1) building a gis-based ocean plastic pathways prototype for san diego county to find sources of ocean plastic before it reaches the ocean. 2) implementing an ocean plastic pathways pilot in ecuador and the galapagos islands. 3) publishing a monthly newsletter, the transition, distributed worldwide to over 2,500 scientists, policymakers, funders, and other marine plastic thought leaders. The newsletter focuses on publishing accurate information about people and progress in addressing the ocean plastic pollution crisis. 4) maintain the openoceans' website, which provides trusted information and tools, including a blog. 5) create, maintain, and share a global map of the world's most polluted beaches with the public. 6) create, maintain, and share a digital library of solutions to the ocean plastic crisis. 7) present, collaborate, learn from, and network with global leaders at conferences. 8) speak at forums, webinars, and international meetings. 9) mentor young professionals and provide hands-on experience and opportunities that are involved with our work, including providing guidance to and mentoring master's students with gis projects. 10) collaborate with other ngos, researchers, and environmental government agencies. And 11) build a partner network of experts and leaders for ongoing collaborations
Operating model
- Revenue model
- Donor-supported. 99% of the money available for current operations came from contributions and gifts.
- 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
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 46
- Transparency & Controls: 92
- Accountability: 76
- Sustainability: 91
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 7.2%; rating input score 7
- Program expense ratio: 93.1%; rating input score 93
- Fundraising efficiency: $1,488.46 raised per $1 spent on fundraising; rating input score 98; 98th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th 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: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 3 of 7 controls in place; rating input score 43
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- 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: 93.1%; rating input score 99; 99th percentile among comparable filings
- Total-asset coverage ratio: 14.21; rating input score 93; 93rd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 16.8% per year; rating input score 100; 84th percentile among comparable filings
- Asset growth: 20.4% per year; rating input score 100; 85th percentile among comparable filings
Details
- Where the money goes: 7.2% of revenue deployed · 93.1% of spending went to programs
- Governance: 10 of 10 board members independent · 3 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $14K in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 14 of 14 current checks pass
- Schedules: 3 filed schedules · includes major donors
- 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.
- High — Financial Efficiency: Mission deployment rate scored 7/100.
- Moderate — Accountability: Governance controls: 3 of 6 not reported.