Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 22-2940034

OCEAN OF LOVE INC

Tax-exempt · TOMS RIVER, NJ 08753

Financials

$602K$619K2024
Revenue Expenses · by fiscal year end
Financials of OCEAN OF LOVE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$602,313$619,205-$16,892$524,171$4,300$519,871
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$602,313
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Other salaries and wages
$153,956
Salaries, compensation and benefits (total)
$185,473
Professional fundraising fees
$0
Depreciation
$14,787
Program services (functional)
$560,664
Management and general (functional)
$28,804
Fundraising (functional)
$29,737

Balance sheet and other

Total assets, start of year
$541,213
Total assets, end of year
$524,171
Total liabilities, end of year
$4,300
Net assets, end of year
$519,871
Land, buildings and equipment
$190,350
Gross receipts
$602,313
Employees
0
Year formed
1988
State of legal domicile
NJ

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
LINDA PASCARELLAPresident
Trustee or director
0$0
THERESA SEGUIDirector
Trustee or director
35$0
MIKE LITTLEVice President
Officer
0$0
DAVE KALINOWSKIVice President
Officer
0$0
TED MATUROSecretary
Officer
0$0
ROBERT TRUESDALETreasurer
Officer
0$0
JAMIE BATZEL-KANNHEISERTrustee
Officer
0$0
ANDY CHASETrustee
Officer
0$0
LISA HILLTrustee
Officer
0$0
MIKE JURUSZTrustee
Officer
0$0
CHRISTINE LINTONTrustee
Officer
0$0

Address and contacts

Address (IRS master file)
1709 NEW JERSEY 37, TOMS RIVER, NJ 08753-0000
Principal officer (990 for 2024)
THERESA SEGUI, 1709 HIGHWAY 37 EAST, TOMS RIVER, NJ 08753
Signed the 990
THERESA SEGUI, Director
Phone
(732) 270-3500
Return prepared by
FRANK J FRAZEE CPA LLC

Mission

SUPPORT CHILDREN WITH CANCER IN OCEAN COUNTY. PROVIDE FINANCIAL ASSISTANCE

990 for the year ended June 30, 2025

Program accomplishments

  • SUPPORT CHILDREN WITH CANCER IN OCEAN COUNTY. PROVIDE FINANCIAL ASSISTANCE
    Expenses $560,664

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024Check at the IRS

IRS record

EIN
22-2940034
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1989
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P40Z)
Assets (IRS master file)
$524,171
Income (IRS master file)
$602,313

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$602,313$619,205$524,171XML
990June 2022$590,493$500,737$590,474IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 22-2940034).

Questions about OCEAN OF LOVE INC

What is the EIN of OCEAN OF LOVE INC?
The employer identification number (EIN) of OCEAN OF LOVE INC is 22-2940034.
Is OCEAN OF LOVE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
Are donations to OCEAN OF LOVE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does OCEAN OF LOVE INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of OCEAN OF LOVE INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did OCEAN OF LOVE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of OCEAN OF LOVE INC?
The 990 for the year ended June 30, 2025 names THERESA SEGUI.
Who are the officers and directors of OCEAN OF LOVE INC?
The 990 for the year ended June 30, 2025 lists 11 people; 0 received compensation from the organization.
How much revenue does OCEAN OF LOVE INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $602,313, expenses of $619,205 and total assets of $524,171 at year end.

Other nonprofits in TOMS RIVER

All nonprofits in TOMS RIVER · New Jersey · Human services