NEWPORT, RI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)OCEAN AGENCY, founded in 2019, is a small nonprofit in the Environment sector that reported $210K in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $238K exceeded revenue, resulting in a 14% operating deficit.
THE OCEAN AGENCY CREATES DEMAND AND SUPPORT FOR OCEAN SCIENCE AND CONSERVATION - IDENTIFYING THE MOST URGENT ISSUES AND THEN DEVELOPING THE CREATIVE IDEAS, COMMUNICATIONS, AND COLLABORATIONS NEEDED TO HELP SOLVE THEM.
ROOM 71 INITIATIVE -DEVELOP AND SUPPORT A NEW INITIATIVE, ROOM 71, IN PARTNERSHIP WITH THE WORLD'S LEADING OCEAN SCIENCE NONPROFIT, WOODS HOLE OCEANOGRAPHIC INSTITUTION--REIMAGINING OCEAN SCIENCE...
ROOM 71 INITIATIVE -DEVELOP AND SUPPORT A NEW INITIATIVE, ROOM 71, IN PARTNERSHIP WITH THE WORLD'S LEADING OCEAN SCIENCE NONPROFIT, WOODS HOLE OCEANOGRAPHIC INSTITUTION--REIMAGINING OCEAN SCIENCE COMMUNICATION AND PROVIDING SCIENTISTS WITH THE EXPERTISE, TRAINING, AND SUPPORT NEEDED TO ENGAGE KEY AUDIENCES AND UNLOCK THE POTENTIAL OF THEIR WORK. THE INITIATIVE ALSO FACILITATES COLLABORATIONS WITH MAJOR BRAND PARTNERS, WHO CAN HELP FAST-TRACK SUCCESS.
GENERAL PROGRAM: VARIOUS PROGRAMS THAT SUPPORT THE OCEAN AGENCY'S MISSION TO ACCELERATE OCEAN SCIENCE AND CONSERVATION, INCLUDING THE CREATION AND SUPPORT OF FREELY AVAILABLE OCEAN EDUCATION TOOLS...
GENERAL PROGRAM: VARIOUS PROGRAMS THAT SUPPORT THE OCEAN AGENCY'S MISSION TO ACCELERATE OCEAN SCIENCE AND CONSERVATION, INCLUDING THE CREATION AND SUPPORT OF FREELY AVAILABLE OCEAN EDUCATION TOOLS, RESOURCES, AND CURRICULUM-BASED PROGRAMS, AS WELL AS PUBLIC INITIATIVES TO RAISE AWARENESS OF THE IMPORTANCE OF THE OCEAN AND TO INSPIRE SUPPORT FOR OCEAN SCIENCE AND CONSERVATION.
UN OCEAN DECADE: SUPPORT THE UN OCEAN DECADE 2021-2030 IN COLLABORATION WITH UNESCO, BY ADDRESSING THE LONG-TERM CHALLENGE UNDERMINING SUPPORT FOR OCEAN SCIENCE AND ITS POTENTIAL TO BENEFIT HUMANITY...
UN OCEAN DECADE: SUPPORT THE UN OCEAN DECADE 2021-2030 IN COLLABORATION WITH UNESCO, BY ADDRESSING THE LONG-TERM CHALLENGE UNDERMINING SUPPORT FOR OCEAN SCIENCE AND ITS POTENTIAL TO BENEFIT HUMANITY: THE WIDESPREAD BELIEF THAT THE OCEAN (AND OCEAN SCIENCE) IS FAR LESS IMPORTANT THAN IT ACTUALLY IS. SUPPORTING THE UN OCEAN DECADE THROUGH THE OCEAN DECADE EXHIBITION, OCEAN IMAGE BANK, AND CREATIVE COMMUNICATION TOOLKITS, WHICH PROVIDE THE OCEAN SCIENCE AND CONSERVATION COMMUNITY WITH FREE RESOURCES TO ENHANCE THE EFFECTIVENESS OF THEIR COMMUNICATIONS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $209,769 | $174,013 | +0.2% |
| Expenses | $238,090 | $254,712 | -0.1% |
| Net Income | $-28,321 | $-80,699 | -0.6% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| RICHARD VEVERS TATE | PRESIDENT & CEO | 50 |
Officer
Director
|
$97,157 | $8,016 | $105,173 |
| STEPHANIE TATE | SENIOR PROGRAM MANAGER AND TREASURER | 30 |
Officer
Director
|
$55,785 | $9,855 | $65,640 |
| JAYNE JENKINS | VICE PRESIDENT | 2 |
Officer
Director
|
$0 | $0 | $0 |
| PATTI GROSS | SECRETARY | 1 |
Officer
Director
|
$0 | $0 | $0 |
| SHANI ALEXANDER | DIRECTOR | 1 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $209,769 | $238,090 | $31,187 | $-28,321 |
| 2022 | $295,093 | $414,545 | $155,253 | $-119,452 |
| 2021 | $333,693 | $372,212 | $268,173 | $-38,519 |
| 2020 | $555,213 | $261,375 | $313,842 | $293,838 |
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