CALIFORNIA OCEAN SCIENCE TRUST (EIN 651261006) - 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

2003

Legal Domicile

Principal Officer

ELIZABETH WHITEMAN

Phone

5102518320

Tax Period

2023-10-01 to 2024-09-30

CALIFORNIA OCEAN SCIENCE TRUST, founded in 2003, is a community nonprofit in the Environment sector that reported $2.2M in total revenue in fiscal year 2023. Revenue fell 81% from the prior year — a significant decline worth monitoring. Expenses of $2.0M left a modest 10% surplus.

Mission

SCIENCE ADVISOR TO STATE AGENCIES, CONVENING WORKING GROUPS & STAKEHOLDERS RELATED TO THE OCEAN & COASTAL MATTERS, ADMINISTERING OF SCIENCE STUDIES.

🔒

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 $1,690,428

Program Service Revenue $0

Investment Income $494,245

Other Revenue $0

TOTAL REVENUE $2,184,673

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,362,565

Fundraising Expenses $222,157

Program Expenses $1,471,777

Other Expenses $596,080

TOTAL EXPENSES $1,958,645

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,184,673	$11,328,706	-0.8%
Expenses	$1,958,645	$1,485,642	+0.3%
Net Income	$226,028	$9,843,064	-1.0%

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

$313,885

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GARY GRIGGS	CHAIR	1.00	Officer Director	$0	$0	$0
PHILLIP TAYLOR	TREASURER	1.00	Officer Director	$0	$0	$0
ALEXIS JACKSON	VICE CHAIR	1.00	Officer Director	$0	$0	$0
NANCY SUTLEY	TRUSTEE	1.00	Director	$0	$0	$0
JENN ECKERLE	TRUSTEE	1.00	Director	$0	$0	$0
KAREN MOGUS	TRUSTEE	1.00	Director	$0	$0	$0
MARGARET LEINEN	TRUSTEE	1.00	Director	$0	$0	$0
MICHELE PERRAULT	TRUSTEE	1.00	Director	$0	$0	$0
KARINA NIELSEN	TRUSTEE	1.00	Director	$0	$0	$0
MARGARET SPRING	TRUSTEE	1.00	Director	$0	$0	$0
ELIZABETH WHITEMAN	EXECUTIVE DIRECTOR	40.00	Officer	$178,532	$7,527	$186,059
LORI ZOOK	DIR OF FINANCE AND ADMINIS	40.00	Officer	$113,151	$14,675	$127,826
ANTHONY C ROGERS	EMPLOYEE	40.00	Highest	$128,315	$8,715	$137,030
DAVID F LAWLOR	EMPLOYEE	40.00	Highest	$128,774	$6,392	$135,166

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	$2,184,673	$1,958,645	$13,717,513	$226,028
2023	$11,328,706	$1,485,642	$11,776,170	$9,843,064
2022	$711,164	$1,168,028	$1,828,866	$-456,864
2021	$871,141	$1,364,998	$2,014,729	$-493,857
2020	$1,375,973	$1,537,969	$2,372,360	$-161,996
2019	$696,947	$1,220,751	$2,535,805	$-523,804
2018	$1,292,141	$1,596,883	$3,058,959	$-304,742

CALIFORNIA OCEAN SCIENCE TRUST