GUY HARVEY OCEAN FUND INC (EIN 261710999) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2008

Legal Domicile

Principal Officer

JESSICA HARVEY

Phone

8002881227

Tax Period

2023-01-01 to 2023-12-31

GUY HARVEY OCEAN FUND INC, founded in 2008, is a community nonprofit in the Environment sector that reported $2.9M in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $3.9M exceeded revenue, resulting in a 33% operating deficit.

Mission

SCIENTIFIC RESEARCH AND EDUCATIONAL PROGRAMS AIMED AT CONSERVING THE MARINE ENVIRONMENT.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,526,721

Program Service Revenue $194,696

Investment Income $0

Other Revenue $188,134

TOTAL REVENUE $2,909,551

Expense Breakdown

Grants Paid $415,702

Salaries & Benefits $948,298

Fundraising Expenses $334,209

Program Expenses $2,720,429

Other Expenses $2,509,799

TOTAL EXPENSES $3,873,799

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,909,551	$2,436,061	+0.2%
Expenses	$3,873,799	$3,015,242	+0.3%
Net Income	$-964,248	$-579,181	+0.7%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$100,000

Total Directors

$100,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JESSICA HARVEY	CEO, SECRETARY	41.00	Officer Director	$100,000	$0	$100,000
DR GUY HARVEY	FOUNDER & CHAIR EMERITUS	0.50	Director	$0	$0	$0
STEVE RODEN	CHAIR	1.00	Officer Director	$0	$0	$0
BOB OSBORN	TREASURER	0.50	Director	$0	$0	$0
RODNEY BARRETO	DIRECTOR	0.50	Director	$0	$0	$0
ERIC CAREY	DIRECTOR (TERM START 5/24/23)	0.50	Director	$0	$0	$0
PAUL CASTRONOVO	DIRECTOR	0.50	Director	$0	$0	$0
RICH DAVIES	DIRECTOR	0.50	Director	$0	$0	$0
JEFF HARKAVY	DIRECTOR	0.50	Director	$0	$0	$0
JIM HILL	DIRECTOR (TERM START 5/24/23)	0.50	Director	$0	$0	$0
DEAN KLEVAN	DIRECTOR	0.50	Officer Director	$0	$0	$0
ROB KORNAHRENS	DIRECTOR	0.50	Director	$0	$0	$0
JODI LEWIS	DIRECTOR	0.50	Director	$0	$0	$0
CHRIS PETERSON	DIRECTOR	0.50	Director	$0	$0	$0
ROBERT THOMAS	DIRECTOR	0.50	Director	$0	$0	$0
JANE WYE	DIRECTOR (TERM START 5/24/23)	0.50	Director	$0	$0	$0
RICH ANDREWS	DIRECTOR (TERM END 3/15/23)	0.50	Director	$0	$0	$0
GEORGE SCHELLENGER	DIRECTOR (TERM END 3/14/23)	0.50	Director	$0	$0	$0
SUSAN CAPONE RODE	COO	40.00	Highest	$120,000	$19,211	$139,211
TONYA SHEARER	DIR. STRATEGIC PARTNERSHIPS	40.00	Highest	$106,730	$6,394	$113,124

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	No data	No data	No data	No data
2023	$2,909,551	$3,873,799	$1,817,543	$-964,248
2023	No data	No data	No data	No data
2022	$2,436,061	$3,015,242	$2,525,544	$-579,181
2021	$4,598,327	$2,505,738	$3,952,649	$2,092,589
2020	$1,130,322	$1,373,529	$1,744,788	$-243,207
2019	$1,467,285	$1,506,952	$1,891,350	$-39,667
2018	$1,259,459	$998,800	$1,926,825	$260,659

GUY HARVEY OCEAN FUND INC