Logo for "OCEAN RESEARCH & CONSERVATION ASSOCIATION INC"

OCEAN RESEARCH & CONSERVATION ASSOCIATION INC

OCEAN RESEARCH & CONSERVATION ASSOCIATION INC

VERO BEACH, FL, US
501(c)(3)
EIN
20-0901011
Logo for "OCEAN RESEARCH & CONSERVATION ASSOCIATION INC"

OCEAN RESEARCH & CONSERVATION ASSOCIATION INC

VERO BEACH, FL, US
501(c)(3)
EIN
20-0901011

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$2,721,398

Government Grants
67%
Contributions
31%
Investments
1%
Other
<1%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$2,342,687

Other
69%
Salaries & Benefits
14%
Depreciation
10%
Advertising & Promotion
4%
Fees to Service Providers
2%
Offices, Occupancy & IT
2%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$1,958,470
$845,819
-57%
Government Grants
$1,680,737
$1,820,215
+8%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$6,006
$38,150
+535%
Other
$8,865
$17,214
+94%
Total Revenues
$3,654,078
$2,721,398
-26%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$321,270
$325,241
+1%
Fees to Service Providers
$37,594
$40,527
+8%
Advertising & Promotion
$91,034
$88,640
-3%
Offices, Occupancy & IT
$34,078
$39,940
+17%
Interest
$0
$0
-
Depreciation
$218,129
$232,129
+6%
Other
$1,599,464
$1,616,210
+1%
Total Expenses
$2,301,569
$2,342,687
+2%
Net income
2023
2024
Change
Net income
+$1,352,509
+$378,711
-72%
Functional Expenses
Summary
2023
2024
Change
Program
$1,744,637
$1,666,608
-4%
Admin
$290,285
$403,692
+39%
Fundraising
$266,647
$272,387
+2%
Total Expenses
$2,301,569
$2,342,687
+2%
Income Statement
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