Overview

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Closed

This organization closed in 2021. It filed a final 990 indicating termination and no longer appears as active in IRS records, as it is absent from the EO Business Master File and Pub78 List.

Est.

2018

Latest Fiscal Year

Not available

Organization Type

Grantseeker

990s

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2021
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2020
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2019
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AI Summary

RENEW OCEANS INC is a nonprofit organization focused on water resources, dedicated to reducing ocean plastic pollution in populous river-adjacent communities in the developing world. With an operating budget of $3.5 million for the fiscal year 2021, the organization generated total revenue of $303.1K, heavily supported by its top funder, ALLIANCE TO END PLASTIC WASTE INC, which contributed $7.1 million. For more information, visit www.renewoceans.org.

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Mission Statement

RENEW OCEANS, INC. WORKED TO REDUCE OCEAN PLASTIC POLLUTION WHERE IT BEGAN-IN POPULOUS RIVER-ADJACENT COMMUNITIES IN THE DEVELOPING WORLD.

Cause Areas

1
Water resources
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Financials

2021
Revenues
$303.1K
Expenses
$3.5M
Net Income:
-$3.2M
Assets
$0
Liabilities
$0
Net Assets:
+$0

Financial Trends

2021
Operating Budget
$3.5M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Not in Business Master File
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Top Funders

Funder
Total Funding
Funding Share
ALLIANCE TO END PLASTIC WASTE INC
Austin, TX, US
$5M
70%

Grants Received

2019
Total No. of Grants
1
Median grant size
$5M
Largest grant received
$5M

Board & Team

M
Min Zhang
Board Member
W
Whitney Masulis
Board Member
K
Kanaka Pattabiraman
Board Member

Frequently Asked Questions

What is RENEW OCEANS INC’s budget?
In 2021, RENEW OCEANS INC reported an annual operating budget of around $3.5 million. More detailed financial information is available to registered users.
What causes does RENEW OCEANS INC support?
RENEW OCEANS INC supports work in Water resources.
Where does RENEW OCEANS INC operate?
RENEW OCEANS INC is headquartered in BROOKLYN, NY.
Who funded RENEW OCEANS INC recently?
In 2019, RENEW OCEANS INC received grants from ALLIANCE TO END PLASTIC WASTE INC. More information on this organization’s funders is available to registered users.
What is the largest grant RENEW OCEANS INC received in 2019?
The largest grant to RENEW OCEANS INC in 2019 exceeds $5 million.