OCEAN TIDES INC

EIN: 050366306 501(c)(3) Human Services

NARRAGANSETT, RI

Total Revenue
$6,772,307
Total Expenses
$6,759,973
Total Assets
$6,128,266
Net Assets
$4,436,260
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1975
Legal Domicile
RI
Principal Officer
BRIAN SULLIVAN
Phone
4017891016
Tax Period
2024-07-01 to 2025-06-30

OCEAN TIDES INC, founded in 1975, is a community nonprofit in the Human Services sector that reported $6.8M in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum.

Mission

TO HELP AT-RISK BOYS THROUGH A SCHOOL AND RESIDENTIAL PROGRAM TAILORED TO THE INDIVIDUAL. WE BELIEVE EACH INDIVIDUAL THAT COMES TO US IS WORTHY OF OUR RESPECT, NEEDFUL OF OUR CARE, AND CAPABLE OF SUCCESS THROUGH EVERYDAY EXPERIENCES AND INTERACTIONS IN A HIGHLY STRUCTURED PROGRAM.

Program Service Accomplishments

Program 1
Expenses: $2,337,130 Revenue: $2,908,950

OCEAN TIDES SCHOOL IS ONE SCHOOL WITH TWO CAMPUSES. OCEAN TIDES SCHOOL NARRGANSETT CAMPUS IS LOCATED IN NARRAGANSETT, RHODE ISLAND. IT IS A RESIDENTIAL SCHOOL FOR STUDENTS WHO ARE IN THE OCEAN TIDES...

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OCEAN TIDES SCHOOL IS ONE SCHOOL WITH TWO CAMPUSES. OCEAN TIDES SCHOOL NARRGANSETT CAMPUS IS LOCATED IN NARRAGANSETT, RHODE ISLAND. IT IS A RESIDENTIAL SCHOOL FOR STUDENTS WHO ARE IN THE OCEAN TIDES RESIDENTIAL PROGRAM. IT IS FOR BOYS IN GRADES EIGHT THROUGH TWELVE. OCEAN TIDES SCHOOL PROVIDENCE CAMPUS IS LOCATED IN PROVIDENCE, RHODE ISLAND. IT IS A DAY SCHOOL. IT IS AN ALTERNATIVE SCHOOL FOR BOYS IN GRADES NINE THROUGH TWELVE. AT BOTH CAMPUSES, STUDENTS ARE OFFERED A FULL HIGH SCHOOL DIPLOMA. BOTH CAMPUSES ARE FULLY ACCREDITED BY THE RHODE ISLAND DEPARTMENT OF EDUCATION INCLUDING SPECIAL EDUCATION. IT IS THE RESPONSIBILITY OF THE EDUCATION COMPONENT TO PROVIDE ONGOING EDUCATIONAL SERVICES TO THE YOUNGSTERS IN THE PROGRAM. GIVEN THE SEVERE EDUCATIONAL PROBLEMS THAT THE OCEAN TIDES YOUNGSTER HAS EXPERIENCED IN THE PAST, THE SCHOOL PROGRAM IS ONE THAT SEEKS TO PROVIDE CREATIVE, INDIVIDUALIZED PROGRAMS THAT MEET THE NEEDS OF EACH YOUNGSTERS ENTRUSTED TO OUR CARE.

Program 2
Expenses: $3,633,985 Revenue: $3,727,242

OCEAN TIDES OFFERS RESIDENTIAL SERVICES FOR AT-RISK BOYS. THE RESIDENTIAL PROGRAM IS BROKEN DOWN INTO THREE COMPONENTS: GROUP LIVING, EXTENSIONS, AND SOCIAL SERVICES. THE ROLE OF THE GROUP LIVING...

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OCEAN TIDES OFFERS RESIDENTIAL SERVICES FOR AT-RISK BOYS. THE RESIDENTIAL PROGRAM IS BROKEN DOWN INTO THREE COMPONENTS: GROUP LIVING, EXTENSIONS, AND SOCIAL SERVICES. THE ROLE OF THE GROUP LIVING CCOMPONENT IN THE TOTAL TREATMENT PLAN IS ONE THAT ASSURES RESPONSIBILITY FOR THE EVERYDAY LIVING OF THE YOUNGSTERS IN THE NARRAGANSETT FACILITY. THERE IS AN ATTEMPT TO CREATE A WARM ATMOSPHERE WHERE YOUNGSTERS WILL GROW PHYSICALLY, EMOTIONALLY, AND SPIRITUALLY; THIS IS AN ATMOSPHERE CREATED ON THE BASIS OF CONCERN, RESPONSIBILITY AND TRUST. THE EXTENSIONS PROVIDE A YOUNGSTER WITH THE OPPORTUNITY TO RETURN TO THE COMMUNITY, WHILE STILL A PART OF THE OCEAN TIDES PROGRAM. THE SOCIAL SERVICES COMPONENT OF THE PROGRAM IS RESPONSIBLE FOR PROVIDING SERVICES FOR THE YOUNGSTERS AND THEIR FAMILIES IN THE ENTIRE OCEAN TIDES PROGRAM. THE SOCIAL SERVICES DEPARTMENT ESTABLISHED REGULAR CONTACT WITH THE YOUNGSTERS AND THEIR FAMILIES, PROVIDING FOR COUNSELING SERVICES, SUPPORT SYSTEMS AND OTHER NEEDS WHICH MIGHT BE APPARENT IN AN INDIVIDUAL SITUATION.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $70,000
Program Service Revenue $6,636,192
Investment Income $66,115
Other Revenue $0
TOTAL REVENUE $6,772,307

Expense Breakdown

Grants Paid $0
Salaries & Benefits $5,337,599
Fundraising Expenses $0
Program Expenses $5,971,115
Other Expenses $1,422,374
TOTAL EXPENSES $6,759,973

Year-over-Year Comparison

2024 2023 Change
Revenue $6,772,307 $5,593,078 +0.2%
Expenses $6,759,973 $6,248,294 +0.1%
Net Income $12,334 $-655,216 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
18
Independent Members
17
Employees
109
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$300,875
Total Directors
19
$173,851
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NEIL KELLY CHAIRMAN 1.00
Officer Director
$0 $0 $0
JUDY VAN WYK VICE CHAIR 1.00
Officer Director
$0 $0 $0
WILLIAM WOLFF TREASURER 1.00
Officer Director
$0 $0 $0
BR JOHN MCGANN FSC SECRETARY 1.00
Officer Director
$0 $0 $0
BRIAN SULLIVAN PRESIDENT 40.00
Officer Director
$126,552 $47,299 $173,851
GREG BERTLES PAST CHAIRMA 1.00
Director
$0 $0 $0
WILLIAM GALLOGLY TRUSTEE 1.00
Director
$0 $0 $0
JOSEPH CAVANAGH III TRUSTEE 1.00
Director
$0 $0 $0
DENNIS DIPRETE TRUSTEE 1.00
Director
$0 $0 $0
KENNETH ZORABEDIAN TRUSTEE 1.00
Director
$0 $0 $0
MICHAEL WINTER TRUSTEE 1.00
Director
$0 $0 $0
HEATHER FERRO TRUSTEE 1.00
Director
$0 $0 $0
JAMES SWALLOW TRUSTEE 1.00
Director
$0 $0 $0
DAVID WALLACE TRUSTEE 1.00
Director
$0 $0 $0
RAYMOND KARASEK III TRUSTEE 1.00
Director
$0 $0 $0
JAMES LOGAN TRUSTEE 1.00
Director
$0 $0 $0
BETH BIXBY TRUSTEE 1.00
Director
$0 $0 $0
ELIZABETH IOVINO DIR. OF FINA 40.00
Officer
$100,333 $26,691 $127,024
ARMAND MONACO TRUSTEE 1.00
Director
$0 $0 $0
JOSEPH PHILBIN TRUSTEE 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $6,772,307 $6,759,973 $6,128,266 $12,334
2024 $5,593,078 $6,248,294 $5,234,019 $-655,216
2023 $6,534,480 $5,958,630 $6,314,301 $575,850
2022 $5,175,422 $5,731,403 $4,134,714 $-555,981
2021 $5,051,280 $5,248,251 $4,820,342 $-196,971
2020 $5,234,781 $5,507,719 $4,738,664 $-272,938
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