Drive On The Ocean
Downingtown, Pennsylvania
B+Health Score
65B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
How This Organization Compares
Compared to 4 peers in Education with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
This Org1.07×
Peer Median20.77×
💰
$1.3M
Total Revenue
📊
$1.0M
Total Expenses
🏦
$1.1M
Net Assets
📋
$87K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-19.5%
Year-over-year change (2022 → 2023)
Net Margin
+20.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.07
Net assets divided by total expenses
Liabilities-to-Assets
7.5%
Total liabilities as % of total assets
Filing History
4 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,258,473↓20% | $1,000,608↓30% | $1,158,677↑21% | — |
| 2022 | $1,563,720↓6% | $1,426,825↑4% | $958,710↑21% | — |
| 2021 | $1,658,675↑7% | $1,371,343↑6% | $795,406↑49% | — |
| 2020 | $1,543,386 | $1,295,465 | $534,483 | — |
Frequently Asked Questions
What does Drive On The Ocean do?▼
Drive On The Ocean is a education nonprofit organization based in Pennsylvania. It is classified under NTEE code B02 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Drive On The Ocean financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Drive On The Ocean.
How much revenue does Drive On The Ocean generate?▼
Drive On The Ocean reports $1.1M in annual revenue and holds $1.4M in total assets, based on IRS filings.
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