P — Human ServicesEIN: 050366306· Ruling Year: 2019

Ocean Tides Inc

Narragansett, Rhode Island

B+Health Score
65B+

Financial Health Score

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

Good

💰
$5.6M
Total Revenue
📊
$6.2M
Total Expenses
🏦
$4.3M
Net Assets
📋
$964K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-14.4%
Year-over-year change (2023 → 2024)
Net Margin
-11.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.68
Net assets divided by total expenses
Liabilities-to-Assets
18.4%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2024$5,593,078↓14%$6,248,294↑5%$5,234,019↓17%
2023$6,534,480↑26%$5,958,630↑4%$6,314,301↑53%
2022$5,175,422↑2%$5,731,403↑9%$4,134,714↓14%
2021$5,051,280↓4%$5,248,251↓5%$4,820,342↑2%
2020$5,234,781$5,507,719↑1%$4,738,664↑13%
2019$5,213,815↓6%$5,475,555↓1%$4,194,092↓5%
2018$5,550,013↑13%$5,521,134↑17%$4,411,283↑6%
2017$4,899,647↓22%$4,706,457↓2%$4,180,887↑6%
2016$6,280,576↑29%$4,783,291↑4%$3,940,316↑4%
2015$4,867,831↑8%$4,593,805↓5%$3,792,243↓2%
2014$4,503,237↓11%$4,815,033↓10%$3,868,689↓4%
2013$5,072,972↓8%$5,335,646↓8%$4,018,019↓7%
2012$5,514,758↓10%$5,788,892↓11%$4,331,991↓7%
2011$6,104,056$6,483,110$4,643,601

Frequently Asked Questions

What does Ocean Tides Inc do?▼

Ocean Tides Inc is a human services nonprofit organization based in Rhode Island. It is classified under NTEE code P73 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Ocean Tides Inc financially healthy?▼

Based on our 9-metric Financial Health Score model, Ocean Tides Inc has a score of 65/100 (Grade: B+). 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 Ocean Tides Inc generate?▼

Ocean Tides Inc reports $6.8M in annual revenue and holds $6.1M in total assets, based on IRS filings.

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