Ocean Outcomes
EIN: 46-4901375
as of September 2024
as of September 09, 2024
Programs and results
What we aim to solve
Our programs
What are the organization's current programs, how do they measure success, and who do the programs serve?
Small-Scale Fisheries
Small in scale, big in value -
Small-scale fisheries provide livelihoods for millions, food for billions and are an integral part of local coastal communities, their economies and the fulcrum around which any coastal conservation and development initiatives must operate. However, despite their collective significance, the needs of small-scale fisheries and their stakeholders have generally been underserved and underrepresented in both the global seafood environment and movement.
In addition to disenfranchisement, small-scale fisheries face a myriad socioeconomic and environmental challenges, such as low prices, unfair competition, a lack of markets and cold chain access, climate change and evolving fish stock competitions and ranges. To ensure food security, thriving local livelihoods and durable conservation outcomes, we are working to identify the needs of small-scale fisheries and their stakeholders and developing tools, approaches and partnerships for addressing these needs.
Tuna & High Seas Fisheries
We are working with the world's largest tuna companies and leading tuna stakeholders globally to transform tuna and high seas fishing.
We do this through developing and implementing projects using new tools and technologies which reduce environmental impact, improve catching sector accountability and support the transition to best practice, science-based management strategies. Our partnerships with some of the world's largest tuna companies, on the ground capacity in core Northeast Asian tuna producing regions and a team of experienced fishery scientists uniquely positions Ocean Outcomes to effectively drive forward grassroots projects from the bottom-up, connecting that work with top-down investments in reform. Our expanding portfolio of tuna work has already brought a significant percentage of longline tuna vessels into projects working towards improved practices for the first time.
Ocean Outcomes is a contributing member of the NGO Tuna Forum.
Where we work
Photos
Financials
Financial documents
Download audited financialsRevenue vs. expenses: breakdown
Liquidity in 2022 info
22.06
Months of cash in 2022 info
18.7
Fringe rate in 2022 info
21%
Funding sources info
Assets & liabilities info
Financial data
Ocean Outcomes
Balance sheetFiscal Year: Jan 01 - Dec 31
The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.
Fiscal Year: Jan 01 - Dec 31
This snapshot of Ocean Outcomes’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.
Created in partnership with
Business model indicators
Profitability info | 2018 | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|---|
Unrestricted surplus (deficit) before depreciation | $219,594 | -$335,733 | $71,807 | $140,915 | $331,343 |
As % of expenses | 11.6% | -15.2% | 3.8% | 10.6% | 22.1% |
Unrestricted surplus (deficit) after depreciation | $219,594 | -$335,733 | $71,807 | $140,915 | $331,343 |
As % of expenses | 11.6% | -15.2% | 3.8% | 10.6% | 22.1% |
Revenue composition info | |||||
---|---|---|---|---|---|
Total revenue (unrestricted & restricted) | $2,989,901 | $1,225,037 | $1,946,136 | $1,980,059 | $1,995,220 |
Total revenue, % change over prior year | 234.8% | -59.0% | 58.9% | 1.7% | 0.8% |
Program services revenue | 23.9% | 45.6% | 14.2% | 31.4% | 25.0% |
Membership dues | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Investment income | 0.2% | 2.3% | 0.4% | 0.1% | 0.1% |
Government grants | 0.0% | 0.0% | 0.0% | 17.4% | 0.0% |
All other grants and contributions | 75.8% | 51.8% | 85.4% | 51.0% | 74.9% |
Other revenue | 0.1% | 0.4% | 0.0% | 0.1% | 0.0% |
Expense composition info | |||||
---|---|---|---|---|---|
Total expenses before depreciation | $1,892,701 | $2,208,514 | $1,913,554 | $1,335,295 | $1,498,519 |
Total expenses, % change over prior year | -12.5% | 16.7% | -13.4% | -30.2% | 12.2% |
Personnel | 47.0% | 50.0% | 60.2% | 57.5% | 46.6% |
Professional fees | 35.7% | 36.9% | 36.0% | 40.1% | 42.7% |
Occupancy | 0.1% | 0.0% | 0.0% | 0.0% | 0.0% |
Interest | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Pass-through | 0.0% | 0.0% | 0.6% | 0.0% | 3.3% |
All other expenses | 17.2% | 13.1% | 3.3% | 2.4% | 7.4% |
Full cost components (estimated) info | 2018 | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|---|
Total expenses (after depreciation) | $1,892,701 | $2,208,514 | $1,913,554 | $1,335,295 | $1,498,519 |
One month of savings | $157,725 | $184,043 | $159,463 | $111,275 | $124,877 |
Debt principal payment | $0 | $0 | $0 | $165,770 | $0 |
Fixed asset additions | $0 | $0 | $0 | $0 | $0 |
Total full costs (estimated) | $2,050,426 | $2,392,557 | $2,073,017 | $1,612,340 | $1,623,396 |
Capital structure indicators
Liquidity info | 2018 | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|---|
Months of cash | 9.8 | 8.1 | 7.7 | 18.8 | 18.7 |
Months of cash and investments | 9.8 | 8.1 | 7.7 | 18.8 | 18.7 |
Months of estimated liquid unrestricted net assets | 8.5 | 5.5 | 6.8 | 11.0 | 12.4 |
Balance sheet composition info | 2018 | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|---|
Cash | $1,544,686 | $1,490,199 | $1,234,832 | $2,087,802 | $2,338,293 |
Investments | $0 | $0 | $0 | $0 | $0 |
Receivables | $983,355 | $91,295 | $422,276 | $81,209 | $370,742 |
Gross land, buildings, equipment (LBE) | $0 | $0 | $0 | $0 | $0 |
Accumulated depreciation (as a % of LBE) | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Liabilities (as a % of assets) | 5.7% | 8.4% | 10.9% | 2.7% | 4.0% |
Unrestricted net assets | $1,343,204 | $1,007,471 | $1,079,278 | $1,220,193 | $1,551,536 |
Temporarily restricted net assets | $1,102,620 | N/A | N/A | N/A | N/A |
Permanently restricted net assets | $0 | N/A | N/A | N/A | N/A |
Total restricted net assets | $1,102,620 | $454,876 | $415,651 | $919,500 | $1,084,858 |
Total net assets | $2,445,824 | $1,462,347 | $1,494,929 | $2,139,693 | $2,636,394 |
Key data checks
Key data checks info | 2018 | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|---|
Material data errors | No | No | No | No | No |
Operations
The people, governance practices, and partners that make the organization tick.
Documents
Executive Director
Kelly Harrell
Number of employees
Source: IRS Form 990
Ocean Outcomes
Officers, directors, trustees, and key employeesSOURCE: IRS Form 990
Compensation data
Ocean Outcomes
Highest paid employeesSOURCE: IRS Form 990
Compensation data
Ocean Outcomes
Board of directorsas of 08/15/2024
Board of directors data
Gael Almeida
National Geographic Society
Charlie Brown
Context Partners
Dr. Phillipa Cohen
James Cook University
Valerie Craig
American Forest Foundation
Melanie Janin
Conservation International
Steve Pollock
Japan Society of Northern California
Susan Ruffo
United Nations Foundation
Dr. Rob Snyder
ACME Smoked Fish Corporation
Lina Torres
Movilizatorio
Eric Enno Tamm
ThisFish Inc.
Board leadership practices
GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.
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Board orientation and education
Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? No -
CEO oversight
Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes -
Ethics and transparency
Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes -
Board composition
Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes -
Board performance
Has the board conducted a formal, written self-assessment of its performance within the past three years? No
Organizational demographics
Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.
Leadership
The organization's leader identifies as:
Race & ethnicity
Gender identity
Transgender Identity
Sexual orientation
Disability
We do not display disability information for organizations with fewer than 15 staff.
Equity strategies
Last updated: 10/08/2021GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more
- We employ non-traditional ways of gathering feedback on programs and trainings, which may include interviews, roundtables, and external reviews with/by community stakeholders.
- We have long-term strategic plans and measurable goals for creating a culture such that one’s race identity has no influence on how they fare within the organization.
- We help senior leadership understand how to be inclusive leaders with learning approaches that emphasize reflection, iteration, and adaptability.
- We engage everyone, from the board to staff levels of the organization, in race equity work and ensure that individuals understand their roles in creating culture such that one’s race identity has no influence on how they fare within the organization.