Oceanic Preservation Society
EIN: 383891081 · Greenbrae, CA · NTEE: C32
| Metric | Value |
|---|---|
| Total Revenue | $3.2M |
| Total Expenses | $2.2M |
| Net Assets | $453K |
Is Oceanic Preservation Society Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Oceanic Preservation Society
Oceanic Preservation Society (EIN: 383891081) is a nonprofit organization based in Greenbrae, CA, classified under NTEE code C32. The organization reported total revenue of $3.2M and total assets of $5.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Oceanic Preservation Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Oceanic Preservation Society is a mid-size nonprofit that has been operating for 13 years, with 12 years of IRS 990 filings on record (2012–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $2.2M |
| Surplus / Deficit | $-633,781 |
| Total Assets | $886K |
| Total Liabilities | $433K |
| Net Assets | $453K |
| Operating Margin | -39.5% |
| Debt-to-Asset Ratio | 48.9% |
| Months of Reserves | 4.8 months |
Financial Health Grade: B
In 2023, Oceanic Preservation Society reported a deficit of $634K with expenses exceeding revenue, holds 4.8 months of operating reserves (adequate), has a debt-to-asset ratio of 48.9% (moderate leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +152.2% | +93.4% | -38.1% |
| 2022 | -60.7% | -18.0% | -21.2% |
| 2021 | -13.9% | +184.6% | -2.3% |
| 2020 | -19.9% | -80.0% | +252.8% |
| 2019 | +289.7% | +303.4% | -28.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Oceanic Preservation Society 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 Oceanic Preservation Society 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $634K, with expenses exceeding revenue.
- Debt-to-asset ratio: 48.9%.
Frequently Asked Questions about Oceanic Preservation Society
Is Oceanic Preservation Society a legitimate charity?
Based on AI analysis of IRS 990 filings, Oceanic Preservation Society (EIN: 383891081) insufficient data. 0 red flags identified, 0 strengths noted.
How does Oceanic Preservation Society spend its money?
Detailed spending breakdown data is not yet available for Oceanic Preservation Society. Check back for updated IRS 990 analysis.
Are donations to Oceanic Preservation Society tax-deductible?
Oceanic Preservation Society is registered as a tax-exempt nonprofit (EIN: 383891081). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Oceanic Preservation Society located?
Oceanic Preservation Society is headquartered in Greenbrae, California and files with the IRS under EIN 383891081. It is classified under NTEE code C32.
How many years of IRS 990 filings does Oceanic Preservation Society have?
Oceanic Preservation Society 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. The most recent filing shows $3.2M in total revenue.
Filing History
IRS 990 filing history for Oceanic Preservation Society showing financial trends over 12 years of public records:
In its most recent filing year (2023), Oceanic Preservation Society reported a deficit of $634K, with expenses exceeding revenue. The organization holds $433K in liabilities against $886K in assets (debt-to-asset ratio: 48.9%), resulting in net assets of $453K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.6M | $2.2M | $886K | $433K | — | — |
| 2022 | $635K | $1.2M | $1.4M | $340K | — | View 990 |
| 2021 | $1.6M | $1.4M | $1.8M | $203K | — | View 990 |
| 2020 | $1.9M | $496K | $1.9M | $452K | — | View 990 |
| 2019 | $2.3M | $2.5M | $527K | $569K | — | View 990 |
| 2018 | $601K | $615K | $734K | $717K | — | View 990 |
| 2017 | $913K | $866K | $772K | $741K | — | View 990 |
| 2016 | $760K | $1.1M | $958K | $973K | — | View 990 |
| 2015 | $1.1M | $474K | $1.3M | $1.0M | — | View 990 |
| 2014 | $876K | $1.2M | $173K | $474K | — | View 990 |
| 2013 | $0 | $0 | $1 | $0 | — | View 990 |
| 2012 | $0 | $0 | $0 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.6M, expenses of $2.2M, and assets of $886K (revenue +152.2% year-over-year).
- 2022: Revenue of $635K, expenses of $1.2M, and assets of $1.4M (revenue -60.7% year-over-year).
- 2021: Revenue of $1.6M, expenses of $1.4M, and assets of $1.8M (revenue -13.9% year-over-year).
- 2020: Revenue of $1.9M, expenses of $496K, and assets of $1.9M (revenue -19.9% year-over-year).
- 2019: Revenue of $2.3M, expenses of $2.5M, and assets of $527K (revenue +289.7% year-over-year).
- 2018: Revenue of $601K, expenses of $615K, and assets of $734K (revenue -34.1% year-over-year).
- 2017: Revenue of $913K, expenses of $866K, and assets of $772K (revenue +20.1% year-over-year).
- 2016: Revenue of $760K, expenses of $1.1M, and assets of $958K (revenue -29.5% year-over-year).
- 2015: Revenue of $1.1M, expenses of $474K, and assets of $1.3M (revenue +23.0% year-over-year).
- 2014: Revenue of $876K, expenses of $1.2M, and assets of $173K.
- 2013: Revenue of $0, expenses of $0, and assets of $1.
- 2012: Revenue of $0, expenses of $0, and assets of $0.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Oceanic Preservation Society:
Data Sources and Methodology
This transparency report for Oceanic Preservation Society 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.