Science & Technology
(U21)
990 on File
OCEAN VISIONS INC
Financial strength (30%)
83/100
Reliability (20%)
45/100
Effectiveness (25%)
78/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$8.3M
Total Revenue
$3.6M
Total Expenses
$9.8M
Net Assets
13
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
93.7%
Fundraising Efficiency
N/A
Operating Reserve
32.53x
Liability-to-Asset
1.9%
Revenue Diversification
97.1%
Executive Compensation
$316K
Compared with Peers
FY 2024
Compared with 333 similar organizations
(United States, Science & Technology, $1M–$10M 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
|
93.7% | 83.7% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
5.7% | 13.5% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.6% | 0.0% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
32.5 mo | 9.0 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
1.9% | 14.5% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
97.1% | 91.7% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
132.6% | 11.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
45.2% | 8.4% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
56.7% | 1.4% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $8.3M | $3.6M | $9.8M | 93.7% | 13 |
| 2023 | $3.6M | $2.5M | $5.0M | 90.4% | 11 |
| 2022 | $3.0M | $1.5M | $4.0M | 94.7% | 8 |
| 2021 | $2.3M | $413K | N/A | — | 3 |
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