OCEAN AWARENESS PROJECT INC (EIN 141861309) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2003

Legal Domicile

Principal Officer

David Helvarg

Phone

2023878030

Tax Period

2024-01-01 to 2024-12-31

OCEAN AWARENESS PROJECT INC, founded in 2003, is a small nonprofit in the Environment sector that reported $605K in total revenue in fiscal year 2024. Revenue surged 285% from the prior year, signaling strong growth momentum. The organization ran a surplus of $291K, a strong 48% operating margin.

Mission

Blue Frontier Campaign works to promote unity, provide tools and raise awareness of the solution oriented marine conservation community.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $596,023

Program Service Revenue $9,390

Investment Income $22

Other Revenue $0

TOTAL REVENUE $605,435

Expense Breakdown

Grants Paid $0

Salaries & Benefits $92,232

Fundraising Expenses $42,411

Program Expenses $249,139

Other Expenses $222,203

TOTAL EXPENSES $314,435

Year-over-Year Comparison

	2024	2023	Change
Revenue	$605,435	$157,279	+2.8%
Expenses	$314,435	$232,592	+0.4%
Net Income	$291,000	$-75,313	-4.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$86,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
David Helvarg	Executive Director	40.0	Officer	$86,000	$0	$86,000
Wendy Benchley	Board Director	0.75	Director	$0	$0	$0
Scott Fielder	Treasurer	0.75	Officer Director	$0	$0	$0
Vicki Nichols Goldstein	Board Director	0.75	Director	$0	$0	$0
David Schwartz	President	0.75	Officer Director	$0	$0	$0
Charlotte Vick	Secretary	0.75	Officer Director	$0	$0	$0
Randy Hayes	Board Director	0.75	Director	$0	$0	$0
Cindy Zipf	Board Director	0.75	Director	$0	$0	$0
Nancy Knowlton	Board Director	0.75	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
2024	$605,435	$314,435	$348,933	$291,000
2022	$278,019	$226,609	$118,685	$51,410
2020	$204,997	$158,884	$78,928	$46,113
2018	$335,446	$470,235	$25,766	$-134,789

OCEAN AWARENESS PROJECT INC