BLUE OCEAN SOCIETY FOR MARINE CONSERVATION Charity Report

Public IRS 990 nonprofit record

BLUE OCEAN SOCIETY FOR MARINE CONSERVATION

EIN 02-0523308 · Protection of Endangered Species (D31)

What they do

OUR MISSION is to PROTECT MARINE LIFE IN THE GULF of MAINE THROUGH RESEARCH, EDUCATION and INSPIRING ACTION. OUR MOST SIGNIFICANT ACTIVITIES ARE STUDYING MARINE LIFE OFF THE NH COAST, CONDUCTING OVER 200 COMMUNITY BEACH CLEANUPS EACH YEAR, RUNNING EDUCATIONAL PROGRAMS AT OUR BLUE OCEAN DISCOVERY CENTER IN HAMPTON BEACH NH and CONDUCTING INTERACTIVE PRESENTATIONS for SCHOOLS and GROUPS THROUGHOUT NEW ENGLAND.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $53.80 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders14 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

64.83%of revenue went to mission work53.8% of expenses · Program services

3.66%of revenue went to fundraising3.0% of expenses

$120.58spent for every $100 of revenueSpending was higher than revenue this year.

52.08%of revenue went to management and office costs43.2% of expenses

$0.18in assets for every $1 spent this yearSome assets cannot be spent right away.

62.6%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $74,923 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $83,283 for JENNIFER KENNEDY (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$364,064

Mission workProgram services$236,02364.83% of revenue53.8% of expenses

ManagementOffice and general costs$189,62252.08% of revenue43.2% of expenses

FundraisingAsking for donations$13,3423.66% of revenue3.0% of expenses

Total expenses$438,987120.58% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 53.8% mission · 43.2% management · 3.0% fundraisingTotal expenses: 120.58% of revenue

2023Expense mix: 91.2% mission · 8.7% management · 0.1% fundraisingTotal expenses: 79.44% of revenue

2022Expense mix: 92.0% mission · 7.8% management · 0.2% fundraisingTotal expenses: 122.82% of revenue

2021Expense mix: 90.4% mission · 9.2% management · 0.5% fundraisingTotal expenses: 95.18% of revenue

2020Expense mix: 90.7% mission · 9.3% management · 0.0% fundraisingTotal expenses: 83.01% of revenue

2019Expense mix: 93.0% mission · 7.0% management · 0.0% fundraisingTotal expenses: 91.55% of revenue

2018Expense mix: 92.7% mission · 6.9% management · 0.4% fundraisingTotal expenses: 98.41% of revenue

2016Expense mix: 96.1% mission · 2.6% management · 1.3% fundraisingTotal expenses: 86.24% of revenue

Money in and money out

Revenue$364,064

Expenses$438,987

Annual shortfall $74,923 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$236,023 · 53.8% of expenses

Management and office costs$189,622 · 43.2% of expenses

Fundraising$13,342 · 3.0% of expenses

See all reported dollar amounts

Revenue$364,064

Expenses$438,987

Assets$77,179

Income$368,444

Contributions$228,082

Mission work (program services)$236,023

Fundraising$13,342

Management and general$189,622

Accounting fees$3,797

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

JENNIFER KENNEDYEXECUTIVE DIRECTOR · 40 hrs/week $83,283

DIANNA SCHULTEDIRECTOR OF RESEARCH · 40 hrs/week $58,923

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (14)

JENNIFER KENNEDYEXECUTIVE DIRECTOR

DIANNA SCHULTEDIRECTOR OF RESEARCH

ALEXA MCGOVERNDIRECTOR

ANNE CROTTYSECRETARY

CHRISTIAN BROUILLARDCHAIR

COLLEEN DURKIN BLACKBURNDIRECTOR

CORIE GREWALDIRECTOR

DAVID SCHLEYERDIRECTOR

JAMES BOOSTREASURER

KRISTIN LABERISDIRECTOR

NADINE LYSIAKDIRECTOR

NORLAILA MILLERDIRECTOR

TODD WESTDIRECTOR

TYLER OBRIENDIRECTOR

About this charity

Recognized since: January 2002
Location: 400 LITTLE HARBOR RD 1103, PORTSMOUTH, NH 03801-5586
County: Rockingham
In care of: JENNIFER KENNEDY
Primary officer: JENNIFER KENNEDY, EXECUTIVE DIRECTOR

How to reach them

WebsiteVisit the charity’s website Emailinfo@blueoceansociety.orgOffice Phone(603) 431-0260

Filing and classification

Latest tax year: 2024
Tax period began: May 1, 2024
Return type: 990
Tax preparer: LEONE MCDONNELL & ROBERTS PA
NTEE classification: Protection of Endangered Species (D31)
IRS tax category: Protection of Endangered Species