Okeanos Foundation (US) Inc
- Assets
- $0.0
- Revenue
- $5.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Highland Park, NJ
- Founding
- 09/2012
- Data as of
- 12/2020
- EIN
- 45-1032557
Organization Overview
Okeanos Foundation (US) Inc is located in Highland Park, NJ. The organization was established in 2012. According to its NTEE Classification (U21) the organization is classified as: Marine Science & Oceanography, under the broad grouping of Science & Technology and related organizations.
For the year ending 12/2020, Okeanos Foundation (US) Inc generated $5.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (68.9%) each year. All expenses for the organization totaled $334.0k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Okeanos Foundation (US) Inc has awarded 14 individual grants totaling $187,376. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION CONTINUED TO WORK ON THE FILM "THE STARCHASERSLOGISTICS AND COMMUNICATIONS SUPPORTING SUSTAINABLE SEA TRAVEL THROUGHOUT THE PACIFIC ISLANDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dieter Paulmann Director/chairman | 1 | $0 | |
Steven Holloway Director/secretary | 40 | $51,792 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $999 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,511 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $6,461 |
| Total Revenue | $5,949 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $51,792 |
| Other employee salaries and wages | $134,000 |
| Pension plans, employee benefits | $13,193 |
| Interest | $0 |
| Taxes | $72 |
| Depreciation | $3,151 |
| Occupancy | $2,954 |
| Travel, conferences, and meetings | $364 |
| Printing and publications | $0 |
| Other expenses | $9,705 |
| Total operating and administrative expenses | $250,111 |
| Contributions, gifts, grants paid | $83,907 |
| Total expenses and disbursements | $334,018 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Okeanos Foundation (US) Inc has awarded $83,907 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
OCEANIC PRESERVATION SOCIETY PURPOSE: GENERAL SUPPORT | $50,000 |
NEBRASKA WILDLIFE REHAB INC PURPOSE: GENERAL SUPPORT | $20,000 |
POLYNESIAN VOYAGING SOCIETY PURPOSE: GENERAL SUPPORT | $11,757 |
WHO IS MY NEIGHBOR INC PURPOSE: GENERAL SUPPORT | $400 |
APPALACHIAN APOSTOLATE INC PURPOSE: GENERAL SUPPORT | $500 |
PRO BONO PARTNERSHIP INC PURPOSE: GENERAL SUPPORT | $350 |