The Global Foundation for Ocean Exploration Inc.
The Global Foundation for Ocean Exploration Inc.
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About this organization
Mission
To empower the global underwater science community with the tools and expertise required to explore the greatest depths of the planet's largest and deepest bodies of water and return with discoveries that amaze and inspire a global audience.
About
Advancement of deep submergence vehicles, equipment and telepresence systems including the design, engineering and development of sampling capabilities for government owned underwater robots; conducted major ocean exploration expeditions; trained film makers and engineers. GFOE provided technical expertise in the area of telepresence-enabled ocean exploration cruises aboard the NOAA Ship Okeanos Explorer. Exploration in 2018 included the mapping the Caribbean, exploring deep-sea habitats around Puerto Rico and the US Virgin Islands, working along the Continental Shelf in the Atlantic Ocean, mapping deep-water areas southeast of Bermuda, exploring the continental margins from South Carolina to Rhode Island. Capitalized equipment costing $440,283 was acquired as part of this program.
Interesting data from their 2020 990 filing
The purpose of the non-profit is stated in the filing as “To empower the global underwater science community with the tools and expertise required to explore the greatest depths of the planet's largest and deepest bodies of water and return with discoveries that amaze and inspire a global audience.”.
Their activities were defined as: “To empower the global underwater science community with the tools and expertise required to explore the greatest depths of the planet's largest and deepest bodies of water and return with discoveries that amaze and inspire a global audience.”.
- As per legal requirements, the non-profit's state of operation is reported as CT.
- The non-profit's address in 2020 as per the filing is PO BOX 417, MYSTIC, CT, 06355.
- The form of the non-profit organization shows 3 employees as of 2020.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $593,588.
- The compensation policy for the CEO of the organization is established through an impartial evaluation and endorsement.
- The organization has a written policy that describes how long it will retain documents.
- The organization has 2 independent voting members.
- The organization was formed in 2012.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization is required to file Schedule J.
- The organization is required to file Schedule O.
- The organization pays $568,835 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization has minutes of its meetings.
- The organization has a written whistleblower policy.
- The organization's financial statements were reviewed by an accountant.