Plastic Ocean Project Inc
- Assets
- $170.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wilmington, NC
- Founding
- 01/2014
- Data as of
- 12/2022
- EIN
- 46-1251038
Organization Overview
Plastic Ocean Project Inc is located in Wilmington, NC. The organization was established in 2014. According to its NTEE Classification (U05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Plastic Ocean Project 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 12/2022, Plastic Ocean Project Inc generated $195.7k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 17.8% each year . All expenses for the organization totaled $192.5k during the year ending 12/2022. While expenses have increased by 26.4% per year over the past 4 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linsey Mccoy President | 2 | $0 | |
Tricia Monteleone Vice President | 5 | $0 | |
Paul Lorenzo Treasurer | 5 | $0 | |
Jessica Stofko Secretary | 3 | $0 | |
Bonnie Monteleone Executive Director | 40 | $18,080 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $186,690 |
| Total Program Service Revenue | $0 |
| Membership dues | $8,938 |
| Investment income | $45 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $195,673 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $86,213 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $12,244 |
| Printing, publications, postage, and shipping | $282 |
| Other expenses | $92,736 |
| Total expenses | $192,475 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $124,160 |
| Other assets | $0 |
| Total assets | $170,105 |
| Total liabilities | $63,071 |
| Net assets or fund balances | $107,034 |