SCIENTIFIC COMMITTEE ON OCEANIC RESEARCH

EIN: 521842894 501(c)(3) Science & Technology

NEWARK, DE

Total Revenue
$1,536,593
Total Expenses
$1,473,842
Total Assets
$889,046
Net Assets
$536,698
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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
2004
Legal Domicile
MD
Principal Officer
EMILY TWIGG
Phone
3028317011
Tax Period
2023-01-01 to 2023-12-31

SCIENTIFIC COMMITTEE ON OCEANIC RESEARCH, founded in 2004, is a community nonprofit in the Science & Technology sector that reported $1.5M in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $1.5M left a modest 4% surplus.

Mission

TO ADVANCE THE SCIENCE OF OCEANOGRAPHY THRU INTERNATIONAL COORDINATION OF SCIENTIFIC RESEARCH.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $138,725
Program Service Revenue $1,396,685
Investment Income $1,183
Other Revenue $0
TOTAL REVENUE $1,536,593

Expense Breakdown

Grants Paid $609,164
Salaries & Benefits $204,542
Fundraising Expenses $0
Program Expenses $1,137,676
Other Expenses $660,136
TOTAL EXPENSES $1,473,842

Year-over-Year Comparison

2023 2022 Change
Revenue $1,536,593 $1,332,879 +0.2%
Expenses $1,473,842 $1,282,085 +0.1%
Net Income $62,751 $50,794 +0.2%
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

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Governance

Voting Members
11
Independent Members
11
Employees
N/A
Volunteers
14

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
8
$192,906
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR SINJAE YOO PRESIDENT 20.00
Officer Director
$0 $0 $0
DR MARIE-ALEXANDRINE SICRE PAST PRESIDENT 2.00
Officer Director
$0 $0 $0
PROF PETER CROOT SECRETARY 2.00
Officer Director
$0 $0 $0
DR STEFANO ALIANI VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
DR BRADLEY MORAN VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
ILKEN PEEKEN VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
WEE CHEAH CO-OPTED MEMBER 2.00
Director
$0 $0 $0
DR JACQUELINE UKU CO-OPTED MEMBER 2.00
Director
$0 $0 $0
N/A EX-OFFICIO MEMBER 2.00
$0 $0 $0
N/A EX-OFFICIO MEMBER 2.00
$0 $0 $0
N/A EX-OFFICIO MEMBER 2.00
$0 $0 $0
N/A EX-OFFICIO MEMBER 2.00
$0 $0 $0
N/A EX-OFFICIO MEMBER 2.00
$0 $0 $0
N/A EX-OFFICIO MEMBER 2.00
$0 $0 $0
EMILY TWIGG EXEC DIRECTOR FROM 6/23 40.00
Officer
$73,728 $30,789 $104,517
DR PATRICIA MILOSLAVICH EXEC DIRECTOR THRU 6/23 40.00
Officer
$77,840 $10,549 $88,389
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 $1,536,593 $1,473,842 $889,046 $62,751
2022 $1,332,879 $1,282,085 $756,540 $50,794
2021 $976,851 $875,931 $754,982 $100,920
2020 $982,648 $878,051 $742,673 $104,597
2019 $1,447,467 $1,450,097 $536,050 $-2,630
2018 $1,350,387 $1,428,313 $571,283 $-77,926
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