Consortium For Ocean Leadership Inc
EIN: 521892964 · Washington, DC · NTEE: U21
| Metric | Value |
|---|---|
| Total Expenses | $5.7M |
| Net Assets | $406K |
Is Consortium For Ocean Leadership Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Consortium For Ocean Leadership Inc
Consortium For Ocean Leadership Inc (EIN: 521892964) is a nonprofit organization based in Washington, DC, classified under NTEE code U21. The organization reported total revenue of $0 and total assets of $197K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Consortium For Ocean Leadership Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Consortium For Ocean Leadership Inc is a mid-size nonprofit that has been operating for 31 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -27.8%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.8M |
| Total Expenses | $5.7M |
| Surplus / Deficit | $-881,267 |
| Total Assets | $989K |
| Total Liabilities | $583K |
| Net Assets | $406K |
| Operating Margin | -18.2% |
| Debt-to-Asset Ratio | 58.9% |
| Months of Reserves | 2.1 months |
Financial Health Grade: D
In 2022, Consortium For Ocean Leadership Inc reported a deficit of $881K with expenses exceeding revenue, holds 2.1 months of operating reserves (limited), has a debt-to-asset ratio of 58.9% (high leverage).
Financial Trends
Over 12 years of filings (2011–2022), Consortium For Ocean Leadership Inc's revenue has declined at a compound annual growth rate (CAGR) of -27.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +3.3% | +8.7% | -78.9% |
| 2021 | -76.2% | -73.4% | -18.6% |
| 2020 | -46.5% | -46.5% | -76.9% |
| 2019 | -64.6% | -64.4% | -33.4% |
| 2018 | +1.6% | +1.6% | -5.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 1995 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Consortium For Ocean Leadership Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Consortium For Ocean Leadership Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $881K, with expenses exceeding revenue.
- Debt-to-asset ratio: 58.9%.
Frequently Asked Questions about Consortium For Ocean Leadership Inc
Is Consortium For Ocean Leadership Inc a legitimate charity?
Consortium For Ocean Leadership Inc (EIN: 521892964) is a registered tax-exempt nonprofit based in Washington DC. It has 12 years of IRS 990 filings on record. No red flags identified. Financial health grade: D.
How does Consortium For Ocean Leadership Inc spend its money?
Consortium For Ocean Leadership Inc reported its financials in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Consortium For Ocean Leadership Inc tax-deductible?
Consortium For Ocean Leadership Inc is registered as a tax-exempt nonprofit (EIN: 521892964). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Consortium For Ocean Leadership Inc located?
Consortium For Ocean Leadership Inc is headquartered in Washington, Washington DC and files with the IRS under EIN 521892964. It is classified under NTEE code U21.
How many years of IRS 990 filings does Consortium For Ocean Leadership Inc have?
Consortium For Ocean Leadership Inc has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Consortium For Ocean Leadership Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Consortium For Ocean Leadership Inc's revenue has declined by 97.2%, moving from $173.2M to $4.8M. Total assets decreased by 96.4% over the same period, from $27.5M to $989K. Total functional expenses fell by 96.7%, from $173.1M to $5.7M. In its most recent filing year (2022), Consortium For Ocean Leadership Inc reported a deficit of $881K, with expenses exceeding revenue. The organization holds $583K in liabilities against $989K in assets (debt-to-asset ratio: 58.9%), resulting in net assets of $406K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $4.8M | $5.7M | $989K | $583K | — | View 990 |
| 2021 | $4.7M | $5.3M | $4.7M | $3.4M | — | View 990 |
| 2020 | $19.6M | $19.8M | $5.8M | $3.9M | — | View 990 |
| 2019 | $36.7M | $36.9M | $25.0M | $23.0M | — | View 990 |
| 2018 | $103.4M | $103.7M | $37.5M | $35.2M | — | View 990 |
| 2017 | $101.8M | $102.0M | $39.4M | $37.0M | — | View 990 |
| 2016 | $114.3M | $114.9M | $38.1M | $35.6M | — | View 990 |
| 2015 | $143.7M | $144.2M | $51.4M | $48.3M | — | View 990 |
| 2014 | $202.6M | $202.7M | $50.2M | $46.4M | — | View 990 |
| 2013 | $188.2M | $187.8M | $52.9M | $49.2M | — | View 990 |
| 2012 | $160.6M | $159.8M | $52.9M | $49.9M | — | View 990 |
| 2011 | $173.2M | $173.1M | $27.5M | $25.6M | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $4.8M, expenses of $5.7M, and assets of $989K (revenue +3.3% year-over-year).
- 2021: Revenue of $4.7M, expenses of $5.3M, and assets of $4.7M (revenue -76.2% year-over-year).
- 2020: Revenue of $19.6M, expenses of $19.8M, and assets of $5.8M (revenue -46.5% year-over-year).
- 2019: Revenue of $36.7M, expenses of $36.9M, and assets of $25.0M (revenue -64.6% year-over-year).
- 2018: Revenue of $103.4M, expenses of $103.7M, and assets of $37.5M (revenue +1.6% year-over-year).
- 2017: Revenue of $101.8M, expenses of $102.0M, and assets of $39.4M (revenue -10.9% year-over-year).
- 2016: Revenue of $114.3M, expenses of $114.9M, and assets of $38.1M (revenue -20.4% year-over-year).
- 2015: Revenue of $143.7M, expenses of $144.2M, and assets of $51.4M (revenue -29.1% year-over-year).
- 2014: Revenue of $202.6M, expenses of $202.7M, and assets of $50.2M (revenue +7.7% year-over-year).
- 2013: Revenue of $188.2M, expenses of $187.8M, and assets of $52.9M (revenue +17.2% year-over-year).
- 2012: Revenue of $160.6M, expenses of $159.8M, and assets of $52.9M (revenue -7.3% year-over-year).
- 2011: Revenue of $173.2M, expenses of $173.1M, and assets of $27.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Consortium For Ocean Leadership Inc:
Data Sources and Methodology
This transparency report for Consortium For Ocean Leadership Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.