Oceanic Ascent Education & Athletics Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
The organization cultivates ideas and strategies of environmental sustainability within our local community through practical education, social engagement, and collaborative partnerships. The organization believes that environmental sustainability translates into the well-being of our island community.
- Income
- $1.1 million
- Spending
- $755,396
- Spent on programs
- 55%
- Reserves
- -63.1 months of spending
- Largest source of income
- donations and private grants, 53%
- Employees
- 33
- Volunteers
- 500
- Highest pay
- $100,242, vice president
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 40 out of 100. Higher than 6% of charities in its peer group (environment, $1m to $10m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
2 of 20It owes 80% of what it owns.
Living within its means
15 of 15Income exceeded spending by 29% of income.
Income trend
15 of 15Income rose 83% on the year before.
Spending floor
8 of 1555% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 65 out of 100. Higher than 10% of charities in its peer group (environment, $1m to $10m).
Independent board
25 of 257 of 7 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
0 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- $167,878 spent. Regional Food Business Centers. Our organization received subaward funding from Hawaii Good Food Alliance, a USDA Regional Food Business Center grantee, to strengthen regional food system infrastructure across U.S. Pacific Territories. This grant supports critical improvements to processing facilities, cold storage, and distribution networks while providing technical assistance that enables local farms and food businesses to access new markets, enhance supply chain resilience, and reduce import dependence.
- $107,176 spent. Americorps Guahan Sustainable Culture. The organization received a grant to recruit 48 members to promote healthy living, environmental stewardship, disaster services, and capacity building within the island community.
- $52,955 spent. Solid Waste Infrastructure for Recycling Grant Program. The organization hosts free workshops on composting, which teach residents how to reduce waste by creating nutrient-rich soil. Participants receive a composting system and a monthly produce bag for committing to share food waste data.
- $90,369 spent. [ALL OTHER PROGRAMS - DRAFT] GSC Educational Programs. The organization conducted after-school programs and summer programs at our community gardens to teach students how to grow their own food and learn about the nutritional values of local fruits and vegetables
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since October 2020.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.