Nonprofit · EIN 81-3775052
BLUE OCEAN STUDENT ENTREPRENEURS CORP
Tax-exempt · GIBSON ISLAND, MD 21056
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $57,194 | $41,435 | $15,759 | $84,760 | $0 | $84,760 |
| December 31, 2023 | 990-PF | $30,000 | $21,289 | $8,711 | $69,001 | $0 | $69,001 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $57,194
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $15,000
Balance sheet and other
- Total assets, start of year
- $69,001
- Total assets, end of year
- $84,760
- Total liabilities, end of year
- $0
- Net assets, end of year
- $84,760
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-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ZEE MUNIR 16787 BERNARDO CENTER DR STE 6, SAN DIEGO, CA 92128 | Executive Dir. | 10 | $15,000 |
| NESTOR BENAVIDES 632 ROUND HILL ROAD, GIBSON ISLAND, MD 21056 | President | 1 | $0 |
| BRIAN JORDAN 4637 LEARNED SAGE, ELLICOTT CITY, MD 21042 | Treasurer | 1 | $0 |
| JON GARAFOLO 1585 BROADWAY, NEW YORK, NY 10036 | Director | 1 | $0 |
| ILLENE LITTMAN 312 WOODHULL AVE, PORT JEFFERSON STATION, NY 11776 | Director | 1 | $0 |
| RENEE MAUBORGNE 44 HAMPTON PL, EAST HAMPTON, NY 11937 | Director | 1 | $0 |
| FRANK SCALESE 83 SAGAMORE DRIVE, PLAINVIEW, NY 11803 | Director | 1 | $0 |
990-PF for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ZEE MUNIR 16787 BERNARDO CENTER DR STE 6, SAN DIEGO, CA 92128 | Executive Dir. | 1 | $7,500 |
| NESTOR BENAVIDES 632 ROUND HILL ROAD, GIBSON ISLAND, MD 21056 | President | 1 | $0 |
| BRIAN JORDAN 4637 LEARNED SAGE, ELLICOTT CITY, MD 21042 | Treasurer | 1 | $0 |
| JON GARAFOLO 1585 BROADWAY, NEW YORK, NY 10036 | Director | 1 | $0 |
| ILLENE LITTMAN 312 WOODHULL AVE, PORT JEFFERSON STATION, NY 11776 | Director | 1 | $0 |
| RENEE MAUBORGNE 44 HAMPTON PL, EAST HAMPTON, NY 11937 | Director | 1 | $0 |
| FRANK SCALESE 83 SAGAMORE DRIVE, PLAINVIEW, NY 11803 | Director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 632 ROUND HILL RD, GIBSON ISLAND, MD 21056-1113
- In care of
- % NICHOLAS BENAVIDES
- Signed the 990-PF
- NESTOR BENAVIDES, President
- Phone
- (410) 570-3908
- Website
- www.blueoceancompetition.org
- Return prepared by
- Jordan & Jordan LLC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 81-3775052
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2016
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Education (B80)
- Assets (IRS master file)
- $84,760
- Income (IRS master file)
- $57,194
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $57,194 | $41,435 | $84,760 | XML |
| 990-PF | December 2023 | $30,000 | $21,289 | $69,001 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 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 81-3775052).
Questions about BLUE OCEAN STUDENT ENTREPRENEURS CORP
- What is the EIN of BLUE OCEAN STUDENT ENTREPRENEURS CORP?
- The employer identification number (EIN) of BLUE OCEAN STUDENT ENTREPRENEURS CORP is 81-3775052.
- Is BLUE OCEAN STUDENT ENTREPRENEURS CORP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to BLUE OCEAN STUDENT ENTREPRENEURS CORP tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does BLUE OCEAN STUDENT ENTREPRENEURS CORP file?
- Form 990-PF. Private foundations file every year.
- When is the next return of BLUE OCEAN STUDENT ENTREPRENEURS CORP due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BLUE OCEAN STUDENT ENTREPRENEURS CORP last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of BLUE OCEAN STUDENT ENTREPRENEURS CORP?
- The 990-PF for the year ended December 31, 2024 lists 7 people; 1 received compensation from the organization, the highest $15,000 (ZEE MUNIR, Executive Dir.).
- How much revenue does BLUE OCEAN STUDENT ENTREPRENEURS CORP have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $57,194, expenses of $41,435 and total assets of $84,760 at year end.
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