The Ocean Foundation
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$23,212,933
Investments
62%
Receivables (Non-Related)
24%
Other Assets
6%
Property, Plant, & Equipment (net)
5%
Cash & Equivalents
2%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$4,362,097
Deferred Revenue
35%
Other Liabilities
35%
Payables & Accruals
15%
Notes Payable / Debt (Non-Related)
10%
Grants Payable
5%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,797,367
$564,213
-69%
Receivables (Non-Related)
$3,864,999
$5,568,502
+44%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$69,605
$57,175
-18%
Investments
$10,879,520
$14,479,139
+33%
Property, Plant, & Equipment (net)
$25,650
$1,095,716
+4172%
Other Assets
$1,614,161
$1,448,188
-10%
Total Assets
$18,251,302
$23,212,933
+27%
Liabilities
2023
2024
Change
Payables & Accruals
$896,009
$645,595
-28%
Grants Payable
-
$217,119
-
Deferred Revenue
$366,523
$1,536,523
+319%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$0
$443,952
-
Related-Party Payables
-
-
-
Other Liabilities
$1,927,655
$1,518,908
-21%
Total Liabilities
$3,190,187
$4,362,097
+37%
Net assets
2023
2024
Change
Restricted Net Assets
$2,761,983
$7,284,184
+164%
Unrestricted Net Assets
$12,299,132
$11,566,652
-6%
Net assets
2023
2024
Change
Net assets
+$15,061,115
+$18,850,836
+25%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)