OCEAN OUTCOMES

EIN: 464901375 501(c)(3) Animal-Related

PORTLAND, OR

Total Revenue
$1,717,307
Total Expenses
$1,881,546
Total Assets
$2,268,786
Net Assets
$2,162,921
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
OR
Principal Officer
KELLY HARRELL
Phone
3473261636
Tax Period
2024-01-01 to 2024-12-31

OCEAN OUTCOMES, founded in 2014, is a community nonprofit in the Animal-Related sector that reported $1.7M in total revenue in fiscal year 2024. Revenue surged 29% from the prior year, signaling strong growth momentum.

Mission

OCEAN OUTCOMES (O2) EXISTS TO CREATE A FUTURE WITH HEALTHY AQUATIC ECOSYSTEMS, APLENTIFUL AND PROFITABLE SEAFOOD SUPPLY, AND THRIVING FISHING AND FISH-FARMINGCOMMUNITIES. WE WORK WITH LOCAL COMMUNITIES, FISHERIES AND THE SEAFOOD INDUSTRY TOIMPROVE THE ENVIRONMENTAL, SOCIAL AND ECONOMIC SUSTAINABILITY OF FISHERIES. OUR WORKADDRESSES THE FULL RANGE OF MAJOR CHALLENGES CONTRIBUTING TO THE GLOBAL CRISIS INOCEAN HEALTH, INCLUDING ILLEGAL FISHING, OVERFISHING, AND HABITAT DEGRADATION. ALL OFTHESE REPRESENT SERIOUS RISKS TO THE LIVELIHOOD OF FISHERS, FOOD SECURITY, AND OCEANBIODIVERSITY. O2'S COLLABORATIVE APPROACH HELPS FISHERIES AND FISH FARMS ACHIEVEMEANINGFUL IMPROVEMENTS THAT RESULT IN A MORE SECURE FUTURE FOR COMMUNITIES THATARE DEPENDENT UPON SEAFOOD FOR FOOD AND LIVELIHOODS.

Program Service Accomplishments

Program 1
Expenses: $1,364,749 Revenue: $201,645

FISHERY AND SEAFOOD INITIATIVES- ENGAGED 20% OF THE NORTHEAST ASIAN LONGLINE TUNA FLEET IN SUSTAINABILITY INITIATIVES.- GREW NUMBER OF LED AND/OR SUPPORTED FISHERY IMPROVEMENT PROJECTS 33 GLOBALLY.-...

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FISHERY AND SEAFOOD INITIATIVES- ENGAGED 20% OF THE NORTHEAST ASIAN LONGLINE TUNA FLEET IN SUSTAINABILITY INITIATIVES.- GREW NUMBER OF LED AND/OR SUPPORTED FISHERY IMPROVEMENT PROJECTS 33 GLOBALLY.- SUPPORTING THE SCALING OF ELECTRONIC MONITORING (EM) IN NORTHEAST ASIA THROUGH TECHNICAL SUPPORT AND CAPACITY BUILDING.- PLAYED A LEAD ROLE IN ONE OF THE FIRST MAJOR PROJECTS TO TEST THE USE OF ELECTRONIC MONITORING FOR LABOR AND HUMAN RIGHTS CONDITIONS.- PROVIDED MIGRANT CREW ON DISTANT WATER FISHING VESSELS IN TAIWAN WITH LANGUAGE, EDUCATIONAL AND VOCATIONAL TRAINING. (CONTINUED ON SCHEDULE O)- BROUGHT TOGETHER COMPANIES REPRESENTING NEARLY HALF OF KOREA'S SUSTAINABLE TUNA CATCH TO ADVANCE ELECTRONIC MONITORING AND SUSTAINABILITY INITIATIVES IN THEIR SUPPLY CHAINS.

Program 2
Expenses: $243,729 Revenue: $303,137

FISHERY IMPROVEMENT TOOLS, ASSESSMENT AND ANALYSIS - PROVIDED TECHNICAL EXPERTISE TO SUPPORT FISHERMEN AND PRODUCERS ACROSS SIX CRAB PRODUCING COUNTRIES IN MEETING SCIENCE-BASED SUSTAINABILITY...

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FISHERY IMPROVEMENT TOOLS, ASSESSMENT AND ANALYSIS - PROVIDED TECHNICAL EXPERTISE TO SUPPORT FISHERMEN AND PRODUCERS ACROSS SIX CRAB PRODUCING COUNTRIES IN MEETING SCIENCE-BASED SUSTAINABILITY BENCHMARKS. - ASSISTED WITH THE FIRST SOCIAL RISK ASSESSMENT (SRA) CONDUCTED BY A SEAFOOD COMPANY IN SOUTH KOREA AND WORKED TOWARDS IMPLEMENTING ITS RECOMMENDATIONS.- GREW NUMBER OF LED AND/OR SUPPORTED 'TRIPLE IMPACT' FISHERY PROJECTS WORKING TO ADDRESS ENVIRONMENTAL, SOCIAL AND ECONOMIC NEEDS TO 11 GLOBALLY.- GREW THE NUMBER OF FISHERY, SEAFOOD AND OTHER RELATED SERVICE PROJECTS DELIVERED TO PARTNERS TO 144.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,186,925
Program Service Revenue $504,782
Investment Income $25,600
Other Revenue $0
TOTAL REVENUE $1,717,307

Expense Breakdown

Grants Paid $64,600
Salaries & Benefits $938,072
Fundraising Expenses $89,461
Program Expenses $1,608,478
Other Expenses $878,874
TOTAL EXPENSES $1,881,546

Year-over-Year Comparison

2024 2023 Change
Revenue $1,717,307 $1,334,859 +0.3%
Expenses $1,881,546 $1,637,593 +0.1%
Net Income $-164,239 $-302,734 -0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
9
Volunteers
10

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
4
$305,401
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVE POLLOCK TREASURER AND DIRECTOR 1.00
Officer Director
$0 $0 $0
SUSAN RUFFO DIRECTOR 1.00
Director
$0 $0 $0
CHARLIE BROWN DIRECTOR 1.00
Director
$0 $0 $0
VALERIE CRAIG DIRECTOR 1.00
Director
$0 $0 $0
ROBERT SNYDER DIRECTOR 1.00
Director
$0 $0 $0
GAEL ALMEIDA DIRECTOR 1.00
Director
$0 $0 $0
LINA TORRES DIRECTOR 1.00
Director
$0 $0 $0
MELANIE JANIN DIRECTOR 1.00
Director
$0 $0 $0
PHILIPPA COHEN DIRECTOR 1.00
Director
$0 $0 $0
ERIC ENNO TAMM DIRECTOR 1.00
Director
$0 $0 $0
KELLY HARRELL PRESIDENT AND EXECUTIVE DIRECTOR 40.00
Officer
$131,285 $22,618 $153,903
NICOLE WILLIAMS SECRETARY AND DIRECTOR OF FINANCE & OPERATIONS 40.00
Officer
$99,416 $23,190 $122,606
RICH H LINCOLN PRESIDENT AND EXECUTIVE DIRECTOR 40.00
Officer
$27,417 $1,475 $28,892
JOCELYN DRUGAN ANALYTICS TEAM DIR AND SR. FISHERIES SCIENTIST 40.00
Highest
$103,520 $13,933 $117,453
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 $1,717,307 $1,881,546 $2,268,786 $-164,239
2023 $1,334,859 $1,637,593 $2,363,383 $-302,734
2022 $1,995,220 $1,498,519 $2,746,142 $496,701
2021 $1,980,059 $1,335,295 $2,199,964 $644,764
2020 $1,946,136 $1,913,554 $1,678,108 $32,582
2019 $1,225,037 $2,208,514 $1,596,901 $-983,477
2018 $2,989,901 $1,892,701 $2,593,974 $1,097,200
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