Environment
(C27)
990 on File
OCEAN SOLE AFRICA INC
Financial strength (30%)
35/100
Reliability (20%)
40/100
Effectiveness (25%)
71/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$444K
Total Revenue
$479K
Total Expenses
$-251,027
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
100.0%
Fundraising Efficiency
N/A
Operating Reserve
-6.29x
Liability-to-Asset
264.8%
Revenue Diversification
79.8%
Compared with Peers
FY 2024
Compared with 2,847 similar organizations
(United States, Environment, $100K–$1M 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
|
100.0% | 82.4% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
0.0% | 13.0% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.3% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
-6.3 mo | 13.6 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
264.8% | 1.0% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
79.8% | 91.6% |
P10P90
|
Above median |
|
Surplus margin
Surplus as a share of revenue
|
-8.0% | 6.0% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $444K | $479K | $-251,027 | 100.0% | 0 |
| 2022 | $339K | $490K | $942K | 100.0% | 0 |
| 2021 | $412K | $425K | N/A | — | 0 |
| 2020 | $274K | $250K | N/A | — | 0 |
| 2019 | $85K | $91K | N/A | — | 1 |
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