Ocean Conservancy
Meets Standards
Standards For Charity Accountability
Governance
-
Board Oversight
-
Board Size
-
Board Meetings
-
Board Compensation
-
Conflict of Interest
Measuring Effectiveness
-
Effectiveness Policy
-
Effectiveness Report
Finances
-
Program Expenses
-
Fundraising Expenses
-
Accumulating Funds
-
Audit Report
-
Detailed Expense Breakdown
-
Accurate Expense Reporting
-
Budget Plan
Fundraising & Info
-
Truthful Materials
-
Annual Report
-
Website Disclosures
-
Donor Privacy
-
Cause Marketing Disclosures
-
Complaints
Ocean Conservancy meets the 20 Standards for Charity Accountability.
Complaints
Number of complaints processed by BBB WGA in the last 36 months: 2
The organization addressed the complaint issues brought to its attention: 2
(The complaints involved mailing list removal).
Stated Purpose:
"to protect the ocean from today's greatest global challenges and create science-based solutions for a healthy ocean and the wildlife and communities that depend on it."
Year, State Incorporated:
1972, DC
Ocean Conservancy aims to educate and empower citizens to take action on behalf of the ocean. The organization works with fishermen, scientists, conservation groups, businesses, decision-makers and the public to develop science-based practices that protect the ocean and coastal environments. Ocean Conservancy reports it has made progress on issues including ocean plastic pollution, Smart Ocean Planning, sustainable fisheries, climate change and sea turtle protection. The organization also works to restore geographies including the Gulf of Mexico, the Arctic and the California current. Some ($4,660,495 or 12%) of Ocean Conservancy's program activities are carried out in conjunction with fundraising appeals.
For the year ended June 30, 2023, Ocean Conservancy's program expenses were:
Science, policy, and outreach: $15,130,698
Marine ecosystem protection: $5,047,476
Trash free seas: $13,607,430
Climate: $6,632,341
Total Program Expenses: $40,417,945
Chief Executive
Janis Searles Jones, Chief Executive Officer
Compensation*
$692,836
Chair of the Board
John Sargent
Chair's Profession / Business Affiliation
Retired
Board Size
15
Paid Staff Size
157
*2022 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Direct mail appeals, Radio, Telemarketing, Print advertisements
Ocean Conservancy incurred joint costs of $7,578,041 for informational materials and activities that included fundraising materials. Of those costs $4,660,495 was allocated to program expenses, $2,887,234 was allocated to fundraising expenses, and $30,312 was allocated to administrative expenses.
Fundraising costs were 12% of related contributions. (Related contributions, which totaled $51,529,514, are donations received as a result of fundraising activities.)
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Ocean Conservancy's audited financial statements for the year ended June 30, 2023.
Source of Funds
| Investment return, net | $3,966,177 |
| Other income | $27,109 |
| Other fundraising revenue | $5,517 |
| Contributions, grants, and bequests | $47,086,530 |
| In-kind contributions | $471,290 |
| List rental income | $65,245 |
| Royalties | $791,637 |
| Total Income | $52,413,505 |
Programs: 77% Fundraising: 12% Administrative: 10%
| Total Income | $52,413,505 |
| Total expenses: | $52,191,947 |
| Program expenses | $40,417,945 |
| Fundraising expenses | $6,413,195 |
| Administrative expenses | $5,360,807 |
| Other expenses | $0 |
| Income in Excess of Expenses | $221,558 |
| Beginning Net Assets | $80,749,273 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $80,970,831 |
| Total Liabilities | $15,159,887 |
| Total Assets | $96,130,718 |
Note: According to the organization's audited financial statements for the year ended June 30, 2023, Ocean Conservancy received in-kind contributions totaling $471,290 in the form of web search optimization ($464,531), donated event services ($6,048), and donated administration services ($712).
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
This report is not to be used for fundraising or promotional purposes.
RELATED CONTENT
-
Meets Standards
-
Standards Not Met
-
Did Not Disclose
-
Review in Progress
-
Unable to Verify
Report completed by:
BBB Wise Giving Alliance