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RENEW OCEANS INC
BROOKLYN, NY · EIN 832435458 · Form 990 · FY2020 · Small ($100K-$1M)
revenue
$303K
expenses
$3.5M
net assets
$0
employees
4
volunteers
3
program ratio
79%
mission · from form 990

RENEW OCEANS, INC. WORKED TO REDUCE OCEAN PLASTIC POLLUTION WHERE IT BEGAN-IN POPULOUS RIVER-ADJACENT COMMUNITIES IN THE DEVELOPING WORLD.

profile · synthesized from sources

RENEW OCEANS INC focused on reducing ocean plastic pollution by targeting its sources in densely populated, river-adjacent communities in the developing world. The organization aimed to intercept plastic waste before it reached marine environments. Its mission centered on environmental protection through upstream intervention in vulnerable regions.

named programs · 1 · from sources

What they call their work

Ocean Plastic Reduction Initiative
Worked to reduce ocean plastic pollution by focusing on waste management in river-adjacent communities in the developing world
activities · 1 group

What they do

financials · form 990 · fy2020
revenue
Total revenue$303K
Contributions & grants$300K99%
Program service revenue$00%
Investment income$1110%
Other revenue$3K
expenses
Total expenses$3.48M
Program expenses79%
Admin / overhead17%
Fundraising5%
Salaries & benefits$302K
Grants paid out$0
Largest expense lineProfessional Fees
balance sheet
Total assets$0
Cash$3.19M
Investments$0
Liabilities$19K
Net assets$0
Liquid reserves11.0 mo
3 years on record · 2018–2020 · YoY revenue +3962.6%
leadership · form 990 part vii · fy2020

Who runs it

paid leadership · 2
NameTitleHours/wkCompensation
SUMEET BHATTI BODINGTON CHIEF DEVELOP. OFFICER TIL JUN'20 40 $101K
ANDREW J SULLIVAN CHIEF OF STAFF 40 $101K
board members · 3
  • KANAKA PATTABIRAMAN — V.P. TIL JUL'20; SEC. BEGAN JUL'20
  • MIN ZHANG — SECRETARY/TREASURER
  • WHITNEY MASULIS — PRESIDENT
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Source-Targeted Pollution Reduction
    methodology: source-targeted_pollution_reduction
    By focusing on river-adjacent communities in the developing world, we intercept plastic before it reaches the ocean because these locations are primary conduits for land-based waste entering marine environments.