Oshean Inc

Organization Overview

Oshean Inc is located in North Kingstown, RI. The organization was established in 2000. According to its NTEE Classification (W02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Public & Societal Benefit and related organizations. As of 06/2022, Oshean Inc employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oshean Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Oshean Inc generated $8.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $10.4m during the year ending 06/2022. While expenses have increased by 3.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE PREMIUM BROADBAND TELECOMMUNICATION, IP NETWORKING AND ABOVE THE NET SERVICES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

OSHEAN HAS ESTABLISHED AND MAINTAINS INTERNET SERVICES AT 25 LOCAL AREA COLLEGES AND UNIVERSITIES, 8 HEALTHCARE NETWORKS, 11 STATE AND LOCAL AGENCIES, 88 GRADES K-12 AND PUBLIC LIBRARIES, AND 10 NOT-FOR-PROFIT ORGANIZATIONS.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$8,661,306
Investment income $34,854
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$13,600
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $8,682,560

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Oshean Inc has recieved totaling $56,000.

Awarding OrganizationAmount
The Rhode Island Community Foundation

Providence, RI

PURPOSE: OCEAN STATE LIBRARIES OSL WIFI PARKING LOT PROJECT

$25,000
The Rhode Island Community Foundation

Providence, RI

PURPOSE: OCEAN STATE LIBRARIES OSL WIFI PARKING LOT PROJECT

$25,000
The Rhode Island Community Foundation

Providence, RI

PURPOSE: OSHEANCON

$3,000
The Rhode Island Community Foundation

Providence, RI

PURPOSE: OSHEANCON

$3,000
View Grant Recipient Profile

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