OCEANX EDUCATION INC (EIN 991603704) - 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

2024

Legal Domicile

Principal Officer

MARK DALIO

Phone

2032915000

Tax Period

2024-02-21 to 2024-12-31

OCEANX EDUCATION INC, founded in 2024, is a community nonprofit in the Education sector that reported $3.4M in total revenue in fiscal year 2024. The organization ran a surplus of $1.4M, a strong 42% operating margin.

Mission

OCEANX EDUCATION'S MISSION TO INSPIRE AND NURTURE THE NEXT GENERATION OF PASSIONATE OCEAN LEADERS TO PROTECT, PRESERVE AND HARNESS OUR OCEANS FOR SOCIAL AND ENVIRONMENTAL IMPACT. OCEANX EDUCATION IS A NON-PROFIT INITIATIVE OFFERING YOUNG PEOPLE INSIGHTS INTO THE IMPORTANCE OF OCEAN CONSERVATION, RESEARCH, AND STORYTELLING THROUGH HANDS-ON EXPERIENCE AND BEHIND-THE-SCENES OPPORTUNITIES.

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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 $3,342,290

Program Service Revenue $0

Investment Income $10,678

Other Revenue $0

TOTAL REVENUE $3,352,968

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $154,531

Program Expenses $1,761,227

Other Expenses $1,945,153

TOTAL EXPENSES $1,945,153

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,352,968	N/A	N/A
Expenses	$1,945,153	N/A	N/A
Net Income	$1,407,815	N/A	N/A

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GRETCHEN WAGNER	SECRETARY	1.00	Officer	$0	$0	$0
JAMES SCHWAB	TREASURER	2.00	Officer	$0	$0	$0
MATTHEW DALIO	DIRECTOR	1.00	Director	$0	$0	$0
MARK DALIO	CHAIR	2.00	Officer Director	$0	$0	$0
DAVID BELT	DIRECTOR	2.00	Director	$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	$3,352,968	$1,945,153	$1,869,615	$1,407,815

OCEANX EDUCATION INC