Environment
(C30)
990 on File
OCEANTIC NETWORK INC
Financial strength (30%)
80/100
Reliability (20%)
50/100
Effectiveness (25%)
78/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$11.9M
Total Revenue
$10.1M
Total Expenses
$8.8M
Net Assets
56
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
70.5%
Fundraising Efficiency
N/A
Operating Reserve
10.46x
Liability-to-Asset
24.1%
Revenue Diversification
87.9%
Executive Compensation
$325K
Compared with Peers
FY 2024
Compared with 187 similar organizations
(United States, Environment, $10M–$100M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
70.5% | 84.4% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
29.5% | 10.2% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 3.2% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
10.5 mo | 13.2 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
24.1% | 15.6% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
87.9% | 88.9% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
-10.9% | 7.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-10.2% | 11.2% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
15.1% | 2.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $11.9M | $10.1M | $8.8M | 70.5% | 56 |
| 2023 | $13.3M | $11.2M | $6.9M | 73.2% | 61 |
| 2022 | $2.0M | $3.4M | $4.8M | 72.7% | 54 |
| 2021 | $3.0M | $2.8M | N/A | — | 26 |
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