Parley For The Oceans
- Assets
- $469.8k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 08/2016
- Data as of
- 12/2021
- EIN
- 46-4671330
Organization Overview
Parley For The Oceans is located in New York, NY. The organization was established in 2016. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Parley For The Oceans 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 12/2021, Parley For The Oceans generated $1.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $701.3k during the year ending 12/2021. While expenses have increased by 0.2% per year over the past 6 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.
Since 2016, Parley For The Oceans has awarded 16 individual grants totaling $775,952. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO CREATE AWARENESS FOR THE OCEANIC PRESERVATION AND CONSERVATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PARLEY UTILIZES EDUCATION, COMMUNICATION AND CREATIVE PROJECTS TO RAISE AWARENESS FOR THE BEAUTY AND FRAGILITY OF THE OCEANS. PARLEY CONDUCTS RESEARCH AND DEVELOPMENT TO EVALUATE THE IMPACT OF MATERIALS, PRODUCTS, ECONOMY ON OCEAN HEALTH AND TO DEVELOP SOLUTIONS FOR SUCH NEGATIVE IMPACT. PARLEY TAKES DIRECT ACTION TO PROTECT THE OCEANS BY REMOVING EXISTING PLASTIC DEBRIS FROM THE OCEAN AND PREVENTS NEW PLASTIC FROM REACHING THE OCEAN BY INTERCEPTING IT. PARLEY'S ECO-INNOVATES TO DEVELOP A NEW GENERATION OF MATERIALS, PRODUCTS, METHODS WHICH CREATE LESS TO NO HARM TO THE ENVIRONMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cyrill Gutsch President | OfficerTrustee | 30 | $0 |
Lea Stepken Vice President/treasurer | OfficerTrustee | 10 | $0 |
Reiner Opoku Secretary | OfficerTrustee | 10 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Content For Change Llc Content Creation | 12/30/20 | $180,000 |
Vlm Studios Inc Education And Awareness Support | 12/30/20 | $129,649 |
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 | $1,065,592 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,065,592 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,065,592 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $185,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $169,997 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $331,707 |
| Advertising and promotion | $0 |
| Office expenses | $4,689 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,975 |
| All other expenses | $5,725 |
| Total functional expenses | $701,293 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $469,759 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $469,759 |
| Accounts payable and accrued expenses | $50,680 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $50,680 |
| Net assets without donor restrictions | $419,079 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $469,759 |
Grants Awarded
Over the last fiscal year, Parley For The Oceans has awarded $185,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Greenbrae, CA PURPOSE: EDUCATION AND COMMUNICATION | $135,000 |
Honolulu, HI PURPOSE: EDUCATION AND COMMUNICATION | $50,000 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Parley For The Oceans has recieved totaling $197,045.
| Awarding Organization | Amount |
|---|---|
Blue Horizon International Foundation Los Angeles, CA PURPOSE: GENERAL SUPPORT | $100,000 |
Schwartz Fam Foundation Tr New York, NY PURPOSE: TO SUPPORT THE GENERAL PURPOSE FUND | $35,000 |
Bank Of Hawaii Foundation Honolulu, HI PURPOSE: PARLEY OCEAN SCHOOL AIR STATION AT BISHOP MUSEUM | $25,000 |
Onda Foundation Burlington, VT PURPOSE: UNRESTRICTED GRANT FOR DONEE'S EXEMPT PURPOSE. | $25,000 |
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $11,900 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $145 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bny Mellon Charitable Gift Fund Boston, MA | $342,614,894 | $208,280,795 |
Keren Keshet-The Rainbow Foundation New York, NY | $212,134,789 | $28,921,665 |
Roswell Park Alliance Foundation Buffalo, NY | $159,422,911 | $37,424,046 |
World Of Giving Inc Spring Valley, NY | $6,086,190 | $25,054,815 |
Chapel & York Us Foundation Inc New York, NY | $7,715,489 | $28,773,311 |
Give Lively Foundation Inc New York, NY | $21,044,109 | $22,415,300 |
Greater Hartford Community Foundation Inc Hartford, CT | $8,414,279 | $22,150,705 |
Harlem Rbi Incorporated New York, NY | $85,587,058 | $22,268,250 |
Partnership Schools New York, NY | $64,379,139 | $24,282,663 |
Feeding Pennsylvania Lemoyne, PA | $10,818,120 | $21,841,545 |
Royal College Of Art Usa Inc New York, NY | $1,933,182 | $14,916,047 |
Imago Dei Fund Boston, MA | $57,020,766 | $29,637,241 |