Oceans Bluff Foundation
EIN: 471952655 · Carson City, NV · NTEE: T22
| Metric | Value |
|---|---|
| Total Revenue | $295 |
| Total Expenses | $134 |
| Net Assets | $64 |
Is Oceans Bluff Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Oceans Bluff Foundation
Oceans Bluff Foundation (EIN: 471952655) is a nonprofit organization based in Carson City, NV, classified under NTEE code T22. The organization reported total revenue of $295 and total assets of $70 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Oceans Bluff Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Oceans Bluff Foundation is a micro nonprofit that has been operating for 10 years, with 3 years of IRS 990 filings on record (2015–2020). Revenue has grown at a compound annual rate of -24.6%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $140 |
| Total Expenses | $134 |
| Surplus / Deficit | +$6 |
| Total Assets | $65 |
| Total Liabilities | $1 |
| Net Assets | $64 |
| Operating Margin | 4.3% |
| Debt-to-Asset Ratio | 1.5% |
| Months of Reserves | 5.8 months |
Financial Health Grade: A
In 2020, Oceans Bluff Foundation reported a surplus of $6 with revenue exceeding expenses, holds 5.8 months of operating reserves (adequate), has a debt-to-asset ratio of 1.5% (very low leverage).
Financial Trends
Over 3 years of filings (2015–2020), Oceans Bluff Foundation's revenue has declined at a compound annual growth rate (CAGR) of -24.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -6.7% | +18.6% | +75.7% |
| 2019 | -73.8% | -59.6% | -87.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Oceans Bluff Foundation 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 Oceans Bluff Foundation 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 (2020)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $6, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.5%.
Frequently Asked Questions about Oceans Bluff Foundation
Is Oceans Bluff Foundation a legitimate charity?
Oceans Bluff Foundation (EIN: 471952655) is a registered tax-exempt nonprofit based in Nevada. It has 3 years of IRS 990 filings on record. Total revenue: $295. No red flags identified. Financial health grade: A.
How does Oceans Bluff Foundation spend its money?
Oceans Bluff Foundation reported $295 in total revenue in IRS 990 filings. 3 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Oceans Bluff Foundation tax-deductible?
Oceans Bluff Foundation is registered as a tax-exempt nonprofit (EIN: 471952655). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Oceans Bluff Foundation located?
Oceans Bluff Foundation is headquartered in Carson City, Nevada and files with the IRS under EIN 471952655. It is classified under NTEE code T22.
How many years of IRS 990 filings does Oceans Bluff Foundation have?
Oceans Bluff Foundation has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $295 in total revenue.
Filing History
IRS 990 filing history for Oceans Bluff Foundation showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2015–2020), Oceans Bluff Foundation's revenue has declined by 75.6%, moving from $573 to $140. Total assets decreased by 77.8% over the same period, from $293 to $65. Total functional expenses fell by 52.1%, from $280 to $134. In its most recent filing year (2020), Oceans Bluff Foundation reported a surplus of $6, with revenue exceeding expenses. The organization holds $1 in liabilities against $65 in assets (debt-to-asset ratio: 1.5%), resulting in net assets of $64.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $140 | $134 | $65 | $1 | — | — |
| 2019 | $150 | $113 | $37 | $0 | — | View 990 |
| 2015 | $573 | $280 | $293 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $140, expenses of $134, and assets of $65 (revenue -6.7% year-over-year).
- 2019: Revenue of $150, expenses of $113, and assets of $37 (revenue -73.8% year-over-year).
- 2015: Revenue of $573, expenses of $280, and assets of $293.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Oceans Bluff Foundation:
Data Sources and Methodology
This transparency report for Oceans Bluff Foundation 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.