Science & Technology
(U99)
990 on File
OCEANGATE FOUNDATION
Financial strength (30%)
49/100
Reliability (20%)
50/100
Effectiveness (25%)
51/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$40K
Total Revenue
$81K
Total Expenses
$-96,725
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
88.2%
Fundraising Efficiency
N/A
Operating Reserve
-14.35x
Liability-to-Asset
231.2%
Revenue Diversification
100.0%
Compared with Peers
FY 2023
Compared with 732 similar organizations
(United States, Science & Technology, under $100K in expenses), FY 2023.
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
|
88.2% | 81.7% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
-14.4 mo | 26.7 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
231.2% | 0.0% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
100.0% | 99.5% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
-74.7% | -1.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-43.4% | 1.0% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-102.3% | 10.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $40K | $81K | $-96,725 | 88.2% | — |
| 2022 | $158K | $143K | $-55,824 | 76.0% | 0 |
| 2021 | $261K | $123K | N/A | — | 1 |
Donor Reviews
Write a ReviewNo reviews yet
Be the first to share your experience with this organization.