OCEANS UNMANNED INC (EIN 812755786) - 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

2016

Legal Domicile

Principal Officer

Matt H Pickett

Phone

3017289732

Tax Period

2025-01-01 to 2025-12-31

OCEANS UNMANNED INC, founded in 2016, is a community nonprofit in the Environment sector that reported $9.5M in total revenue in fiscal year 2025. Revenue surged 5660% from the prior year, signaling strong growth momentum. Expenses of $8.3M left a modest 12% surplus.

Mission

Oceans Unmanned was formed to protect our oceans and coastal marine environment by facilitating the use of unmanned technologies and promoting their safe and environmentally conscious operation through education and outreach.

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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 (2025)

Revenue Breakdown

Contributions & Grants $750,000

Program Service Revenue $8,719,821

Investment Income $0

Other Revenue $0

TOTAL REVENUE $9,469,821

Expense Breakdown

Grants Paid $0

Salaries & Benefits $168,000

Fundraising Expenses $0

Program Expenses $7,333,725

Other Expenses $8,169,041

TOTAL EXPENSES $8,337,041

Year-over-Year Comparison

	2025	2024	Change
Revenue	$9,469,821	$164,404	+56.6%
Expenses	$8,337,041	$132,270	+62.0%
Net Income	$1,132,780	$32,134	+34.3%

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

N/A

Employees

N/A

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

$118,705

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Matt Pickett	President	20.00	Officer	$75,000	$0	$75,000
Zach Pickett	Vice President	0.50	Officer	$0	$0	$0
Brian Taggart	Secretary Treasurer	20.00	Officer	$43,705	$0	$43,705
MIchele Finn	Board Memeber	0.50	Officer	$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
2025	$9,469,821	$8,337,041	$1,724,427	$1,132,780
2024	$164,404	$132,270	$193,815	$32,134
2023	$89,443	$117,770	$165,150	$-28,327
2022	$265,235	$231,890	$213,482	$33,345
2021	$309,602	$249,210	$228,688	$60,392

OCEANS UNMANNED INC