Ocean Rescue Alliance Inc

EIN: 863337083 501(c)(3) Science & Technology

Apollo Beach, FL

Total Revenue
$664,417
Total Expenses
$494,324
Total Assets
$265,329
Net Assets
$264,274
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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
2022
Legal Domicile
FL
Principal Officer
Shelby Thomas
Phone
3866897675
Tax Period
2024-01-01 to 2024-12-31

Ocean Rescue Alliance Inc, founded in 2022, is a small nonprofit in the Science & Technology sector that reported $664K in total revenue in fiscal year 2024. Revenue surged 359% from the prior year, signaling strong growth momentum. The organization ran a surplus of $170K, a strong 26% operating margin.

Mission

At ORAI we are addressing Floridas most pressing coastal challenges by integrating habitat, shoreline protection, and economic resilience.

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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 (2024)

Revenue Breakdown

Contributions & Grants $203,808
Program Service Revenue $460,609
Investment Income $0
Other Revenue $0
TOTAL REVENUE $664,417

Expense Breakdown

Grants Paid $0
Salaries & Benefits $111,913
Fundraising Expenses $153,471
Program Expenses $258,356
Other Expenses $382,411
TOTAL EXPENSES $494,324

Year-over-Year Comparison

2024 2023 Change
Revenue $664,417 $144,820 +3.6%
Expenses $494,324 $139,473 +2.5%
Net Income $170,093 $5,347 +30.8%
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
3
Independent Members
N/A
Employees
3
Volunteers
45

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
1
$0
Total Directors
1
$48,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Shelby C Thomas Program Director 050.00
Director
$48,000 $0 $48,000
David Weinstein Treasurer 000.50
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
2024 $664,417 $494,324 $265,329 $170,093
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