C — EnvironmentEIN: 463553839· Ruling Year: 2015

Oceantic Network Inc

Baltimore, Maryland

A-Health Score
76A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

How This Organization Compares

Compared to 4 peers in Environment with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.62×
Peer Median4.77×
💰
$13.3M
Total Revenue
📊
$11.2M
Total Expenses
🏦
$6.9M
Net Assets
📋
$3.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+554.6%
Year-over-year change (2022 → 2023)
Net Margin
+15.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.62
Net assets divided by total expenses
Liabilities-to-Assets
31.7%
Total liabilities as % of total assets

Filing History

10 filings on record
YearRevenueExpensesAssets
2023$13,309,489↑555%$11,224,728↑233%$10,152,192↑11%
2022$2,033,141↓82%$3,369,625↓53%$9,159,585↑12%
2022$11,516,807↑284%$7,194,443↑153%$8,195,711↑137%
2021$2,995,834↑31%$2,841,243↑24%$3,461,113↑36%
2020$2,284,431↓25%$2,291,797↓9%$2,542,835↑29%
2019$3,036,228↑58%$2,531,996↑90%$1,970,421↑35%
2018$1,921,544↑23%$1,333,371↑7%$1,463,013↑39%
2017$1,560,868↑124%$1,250,470↑116%$1,049,126↑53%
2016$696,834↑30%$580,063↑7%$687,515↑9%
2015$537,083$540,145$632,984

Frequently Asked Questions

What does Oceantic Network Inc do?▼

Oceantic Network Inc is a environment nonprofit organization based in Maryland. It is classified under NTEE code C30 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Oceantic Network Inc financially healthy?▼

Based on our 9-metric Financial Health Score model, Oceantic Network Inc has a score of 76/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Oceantic Network Inc generate?▼

Oceantic Network Inc reports $11.9M in annual revenue and holds $11.6M in total assets, based on IRS filings.

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