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Nonprofit · EIN 90-1015993

OCEANS INITIATIVE

Tax-exempt · SEATTLE, WA 98115

Financials

$862K$1.1M2023$865K$909K2024
Revenue Expenses · by fiscal year end
Financials of OCEANS INITIATIVE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$864,560$909,191-$44,631$126,345$158,190-$31,845
December 31, 2023990$861,866$1,118,138-$256,272$182,772$169,986$12,786
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$864,167
of which government grants
$43,179
Program service revenue
$0
Investment income
$393
Other revenue
$0

Expenses

Grants and similar amounts paid
$24,874
Compensation of officers, directors and key employees
$148,525
Other salaries and wages
$280,433
Salaries, compensation and benefits (total)
$512,843
Professional fundraising fees
$3,390
Legal fees
$2,477
Accounting fees
$38,807
Occupancy
$27,285
Travel
$28,032
Depreciation
$37,765
Program services (functional)
$720,973
Management and general (functional)
$172,205
Fundraising (functional)
$16,013

Balance sheet and other

Total assets, start of year
$182,772
Total assets, end of year
$126,345
Total liabilities, end of year
$158,190
Net assets, end of year
-$31,845
Land, buildings and equipment
$23,990
Net assets without donor restrictions
-$31,845
Gross receipts
$864,560
Employees
8
Volunteers
6
Year formed
2011
State of legal domicile
WA

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Rob WilliamsChief Scientist40$164,616$7,407
Erin AsheExecutive Dir.
Trustee or director, Officer
40$148,526$0
Gae WeberPresident
Trustee or director, Officer
1$0$0
Duschka Fowler-DunningTreasurer
Trustee or director, Officer
1$0$0
Melissa HombeinSecretary
Trustee or director, Officer
1$0$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensationOther / benefits
Rob WilliamsChief Scientist
Trustee or director
40$159,821$7,991
Erin AsheExecutive Dir.
Trustee or director, Officer
40$144,200$7,200
Gae WeberPresident
Trustee or director, Officer
1$0$0
Duschka Fowler-DunningTreasurer
Trustee or director, Officer
1$0$0
Melissa HornbeinSecretary
Trustee or director, Officer
1$0$0

Address and contacts

Address (IRS master file)
2700 NE 91ST ST, SEATTLE, WA 98115-3468
Principal officer (990 for 2024)
Erin Ashe, 3417 Evanston Ave N 416, Seattle, WA 98102
Signed the 990
Erin Ashe, Executive Director
Phone
(206) 300-2856
Return prepared by
JACOBSON LAWRENCE & ASSOCIATES PLLC

Mission

Oceans Initiative is a team of scientists on a mission to protect marine life and the ecosystems on which they depend, and to share our innovative science to guide conservation action.

990 for the year ended December 31, 2024

Program accomplishments

  • Other Program Services - Unrestricted contributions were allocated across our Dolphin Ecology and General Ocean Conservation Programs.
    Expenses $302,458 · grants $24,874
  • Killer Whale Conservation - Oceans Initiative has research projects on all three threats to the endangered southern resident killer whales - not enough salmon, too much noise, and contaminants. We conduct a land-based survey to assess the impact of vessel and acoustic mitigation measures.
    Expenses $275,656
  • Sustainable Fisheries - Oceans Initiative carries out research to inform sustainable fisheries practices such as bycatch reduction.
    Expenses $142,859

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
90-1015993
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
2016
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$126,345
Income (IRS master file)
$864,560

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$864,560$909,191$126,345IRS
990December 2023$861,866$1,118,138$182,772XML
990December 2022$1,174,810$1,005,461$340,668IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 90-1015993).

Questions about OCEANS INITIATIVE

What is the EIN of OCEANS INITIATIVE?
The employer identification number (EIN) of OCEANS INITIATIVE is 90-1015993.
Is OCEANS INITIATIVE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
Are donations to OCEANS INITIATIVE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does OCEANS INITIATIVE 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 OCEANS INITIATIVE 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 OCEANS INITIATIVE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of OCEANS INITIATIVE?
The 990 for the year ended December 31, 2024 names Erin Ashe.
Who are the officers and directors of OCEANS INITIATIVE?
The 990 for the year ended December 31, 2024 lists 5 people; 2 received compensation from the organization, the highest $164,616 (Rob Williams, Chief Scientist).
How much revenue does OCEANS INITIATIVE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $864,560, expenses of $909,191 and total assets of $126,345 at year end.

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