Scientific Committee On Oceanic Research
- Assets
- $755.0k
- Revenue
- $976.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Newark, DE
- Founding
- 03/1995
- Data as of
- 12/2021
- EIN
- 52-1842894
Organization Overview
Scientific Committee On Oceanic Research is located in Newark, DE. The organization was established in 1995. According to its NTEE Classification (U21) the organization is classified as: Marine Science & Oceanography, 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. Scientific Committee On Oceanic Research 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, Scientific Committee On Oceanic Research generated $976.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $875.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVANCE THE SCIENCE OF OCEANOGRAPHY THRU INTERNATIONAL COORDINATION OF SCIENTIFIC RESEARCH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
A MAJOR FUNCTION OF SCOR IS PLANNING AND COORDINATING INTERNATIONAL RESEARCH PROJECTS AND IDENTIFICATION OF NEW PRIORITY RESEARCH TOPICS. TO CONDUCT THIS FUNCTION, SCOR SPONSORED FIVE (5) INTERNATIONAL RESEARCH PROJECTS IN 2021 THROUGH MEETINGS AND OTHER ACTIVITIES OF THEIR SCIENTIFIC STEERING COMMITTEES. SCOR SPONSORED NINETEEN (19) WORKING GROUPS IN 2021, WHICH DOCUMENT THE STATE OF SPECIFIC AREAS OF OCEAN SCIENCE, IDENTIFYING HIGH-PRIORITY RESEARCH TOPICS, AND ADDRESSING TECHNICAL ISSUES THAT HINDER THE ADVANCE OF OCEAN SCIENCE. FINALLY, SCOR SPONSORS COMMITTEES, WORKSHOPS, AND SYMPOSIA THAT ADDRESS OTHER ISSUES OF IMPORTANCE FOR HUMAN USES AND IMPACTS ON THE OCEAN, SUCH AS SOUTHERN OCEAN OBSERVATIONS, THE OCEAN CARBON CYCLE, AND HARMFUL ALGAL BLOOMS. BECAUSE OF COVID-19 TRAVEL RESTRICTIONS IN 2021, MOST MEETINGS WERE HELD VIRTUALLY.
SCOR PROVIDES ASSISTANCE TO SCIENTISTS FROM DEVELOPING COUNTRIES AND COUNTRIES WITH ECONOMIES IN TRANSITION TO ATTEND MAJOR OCEAN SCIENCE MEETINGS AROUND THE WORLD. MEETING ORGANIZERS CAN APPLY TO SCOR FOR FUNDING FOR SUCH TRAVEL GRANTS AND IN A TYPICAL YEAR SCOR SUPPORTS TEN(10) MEETINGS AND THE TRAVEL COSTS OF 50-60 STUDENTS AND SCIENTISTS. BECAUSE OF COVID-19 TRAVEL RESTRICTIONS IN 2021, TRAVEL AND MEETING APPROVED GRANTS WERE EXTENDED TO 2022 OR EVEN 2023, AND SUPPORT FOR MEETINGS WAS THROUGH PAYMENT OF REGISTRATIONS FOR VIRTUAL MEETINGS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Patricia Miloslavich Exec Director | Officer | 40 | $125,612 |
Dr Sinjae Yoo President | OfficerTrustee | 20 | $0 |
Prof Paul Myers Secretary | OfficerTrustee | 2 | $0 |
Dr Bradley Moran Vice President | OfficerTrustee | 2 | $0 |
Dr Marie-Alexandrine Sicre Past President | OfficerTrustee | 2 | $0 |
Dr Stefano Aliani Vice President | OfficerTrustee | 2 | $0 |
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 | $37,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $37,000 |
| Total Program Service Revenue | $939,751 |
| Investment income | $100 |
| 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 | $976,851 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,449 |
| Grants and other assistance to Foreign Orgs/Individuals | $467,483 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $160,570 |
| Compensation of current officers, directors, key employees. | $160,570 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,285 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $28,411 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $71,654 |
| Advertising and promotion | $0 |
| Office expenses | $71,862 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,026 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,236 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,705 |
| All other expenses | $0 |
| Total functional expenses | $875,931 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $314,314 |
| Savings and temporary cash investments | $400,138 |
| Pledges and grants receivable | $37,759 |
| Accounts receivable, net | $2,771 |
| 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 | $754,982 |
| Accounts payable and accrued expenses | $58,461 |
| Grants payable | $0 |
| Deferred revenue | $273,368 |
| 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 | $331,829 |
| Net assets without donor restrictions | $349,013 |
| Net assets with donor restrictions | $74,140 |
| 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 | $754,982 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Scientific Committee On Oceanic Research has recieved totaling $20,005.
| Awarding Organization | Amount |
|---|---|
Gordon E And Betty I Moore Foundation Palo Alto, CA PURPOSE: IN SUPPORT OF THE VIRTUAL SURFACE OCEAN LOWER ATMOSPHERE STUDY (SOLAS) SUMMER SCHOOL TO BE HELD IN 2022, WHICH BRINGS TOGETHER TALENTED INTERDISCIPLINARY STUDENTS AND SCIENTISTS TO TACKLE EARTH SCIENCE AT THE AIR-SEA REGIME. | $20,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Stroud Water Research Center Inc Avondale, PA | $63,149,391 | $11,493,503 |
New Jersey Sea Grant Consortium Fort Hancock, NJ | $2,239,684 | $3,574,556 |
Central Caribbean Marine Institute Inc Princeton, NJ | $3,462,275 | $1,979,694 |
Scientific Committee On Oceanic Research Newark, DE | $754,982 | $976,851 |
Okeanos Foundation (US) Inc Highland Park, NJ | $0 | $5,949 |
Molluscan Science Foundation Inc Owings Mills, MD | $17,270,125 | $2,816,927 |
Nelson R Beideman Center For Responsible Fisheries Forked River, NJ | $42,292 | $0 |
Reclam The Bay Inc Waretown, NJ | $149,159 | $0 |
Endicott-Reardon Family Museum A Nj Nonprofit Corporation Ocean View, NJ | $1,385,668 | $4,666 |
Center For Research On The Changing Earth System Clarksville, MD | $8,563 | $0 |