OCEAN RISK AND RESILIENCE ACTION ALLIANCE INC (EIN 833580499) - 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

2019

Legal Domicile

Principal Officer

KAREN R SACK

Phone

2024155403

Tax Period

2024-01-01 to 2024-12-31

OCEAN RISK AND RESILIENCE ACTION ALLIANCE INC, founded in 2019, is a mid-sized nonprofit in the Environment sector that reported $11.3M in total revenue in fiscal year 2024. Revenue surged 66% from the prior year, signaling strong growth momentum. Expenses of $9.8M left a modest 13% surplus.

Mission

EVERYTHING WE DO IS DESIGNED TO PROTECT AT LEAST 30 PERCENT OF THE OCEAN BY 2030

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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 (2024)

Revenue Breakdown

Contributions & Grants $10,826,434

Program Service Revenue $453,346

Investment Income $182

Other Revenue $9,693

TOTAL REVENUE $11,289,655

Expense Breakdown

Grants Paid $5,171,478

Salaries & Benefits $1,696,043

Fundraising Expenses $53,372

Program Expenses $8,732,248

Other Expenses $2,969,235

TOTAL EXPENSES $9,836,756

Year-over-Year Comparison

	2024	2023	Change
Revenue	$11,289,655	$6,788,513	+0.7%
Expenses	$9,836,756	$6,097,913	+0.6%
Net Income	$1,452,899	$690,600	+1.1%

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

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

$407,731

Total Directors

$105,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ULRIKE DECOENE	CHAIRPERSON	3.00	Officer Director	$0	$0	$0
JOSE MARIA FIGUERES	DIRECTOR	3.00	Director	$0	$0	$0
THEODORE P JANULIS	SECRETARY	3.00	Officer Director	$105,000	$0	$105,000
LESLEY NDLOVU	TREASURER	3.00	Officer Director	$0	$0	$0
AMINATH SHAUNA	DIRECTOR	3.00	Director	$0	$0	$0
ROBERT BLASIAK	DIRECTOR	3.00	Director	$0	$0	$0
NAOKO ISHII	DIRECTOR	3.00	Director	$0	$0	$0
NATHANIEL MATTHEWS	TREASURER (THRU 9/24)	3.00	Officer Director	$0	$0	$0
KAREN R SACK	PRESIDENT	40.00	Officer	$291,830	$10,901	$302,731
CHRISTOPHER CUNLIFFE	SENIOR DIRECTOR: INNOVATION AND PIPELINE DEVELOPME	40.00	Highest	$188,502	$30,132	$218,634
ARIANE STEINSMEIER	DIRECTOR: GLOBAL OUTREACH AND ENGAGEMENT	40.00	Highest	$211,954	$18,414	$230,368
KAREN ANCILLAI	DIRECTOR: DEVELOPMENT AND MEL	40.00	Highest	$184,000	$6,997	$190,997
ASHLEIGH CIRILLA	DIRECTOR: OPERATIONS	40.00	Highest	$165,833	$10,222	$176,055
NORMAN GREENE	FINANCIAL MANAGER (THRU 8/24)	40.00	Highest	$129,856	$579	$130,435

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
2024	$11,289,655	$9,836,756	$5,156,950	$1,452,899
2023	$6,788,513	$6,097,913	$5,508,157	$690,600
2022	$2,366,724	$3,531,402	$3,212,171	$-1,164,678
2022	$2,366,724	$3,531,402	$3,212,171	$-1,164,678
2021	$2,867,558	$2,455,576	$2,130,184	$411,982
2020	$1,744,430	$1,290,326	$1,207,958	$454,104
2019	$1,012,970	$391,966	$783,138	$621,004

OCEAN RISK AND RESILIENCE ACTION ALLIANCE INC