Oceans Unmanned Inc
- Assets
- $165.2k
- Revenue
- $89.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Santa Barbara, CA
- Founding
- 12/2016
- Data as of
- 12/2023
- EIN
- 81-2755786
Organization Overview
Oceans Unmanned Inc is located in Santa Barbara, CA. The organization was established in 2016. According to its NTEE Classification (C30) the organization is classified as: Natural Resources Conservation & Protection, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oceans Unmanned 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 12/2023, Oceans Unmanned Inc generated $89.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (4.5%) each year. All expenses for the organization totaled $117.8k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
OCEANS UNMANNED WAS FORMED TO PROTECT OUR OCEANS AND COASTAL MARINE ENVIRONMENT BY FACILITATING THE USE OF UNMANNED TECHNOLOGIES AND PROMOTING THEIR SAFE AND ENVIRONMENTALLY CONSCIOUS OPERATION THROUGH EDUCATION AND OUTREACH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AN AGREEMENT WASNENTERED INTO BETWEEN THE PACIFIC STATES MARINE FISHERIES COMMISSION PSMFC AND OCEANS UNMANNED INC. GRANTEE FOR THE PURPOSE OF PROVIDING FINANCIAL SUPPORT FOR GRANTEE'S WORK ON A PROJECT ENTITLED RESEARCH USING REMOTE SENSING VIA AERIAL SYSTEMS TO SURVEY MARINE COASTAL PELAGIC SPECIES. AGREEMENT DATED 8 21 FOR $95,800 GRANT FUNDS AVAILABLE.
OCEANS UNMANNED WILL SUPPORT THE PROJECT TURNING THE TIDE: ADVANCING NATURAL SOLUTIONS TO SEA LEVEL RISE IMPACTS FOR IMPROVED MANAGEMENT ON THE NORTH-CENTRAL CALIFORNIA COAST BY WORKING WITH GREATER FARALLONES ASSOCIATION TO COMPLETE TWICE ANNUAL SURVEYS OF 5 WORK AREAS IDENTIFED IN THE GRANT CONTRACT. $70,400 TOTAL GRANT FUNDING AVAILABLE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matt Pickett President | Officer | 20 | $3,000 |
Zach Pickett Vice President | Officer | 0.5 | $0 |
Brian Taggart Secretary Treasurer | Officer | 20 | $0 |
Michele Finn Board Memeber | Officer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $30,353 |
| All other contributions, gifts, grants, and similar amounts not included above | $59,090 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $89,443 |
| 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 | $89,443 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $3,000 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,588 |
| Office expenses | $14,991 |
| Information technology | $1,484 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $5,906 |
| 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 | $1,996 |
| All other expenses | $0 |
| Total functional expenses | $117,770 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $130,150 |
| 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 | $35,000 |
| 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 | $165,150 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $165,150 |
| 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 | $165,150 |