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Filing year 2023

BLUE OCEAN INC

Germantown, Maryland·EIN 20-4360719·NTEE Q33 · International, Foreign Affairs & National Security·501(c)(3)
Total revenue
$174k
Total assets
$5.8M
Total expenses
$426k
Reported officers
7

Reported officers (all unpaid)

No paid executives reported in 2023. BLUE OCEAN INC reported 7 unpaid officers and board members on its 990-PF.

President
Secretary
Treasurer
EVP & Strate
Dir of Admin
Public Relat
Trustee

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$348k

Itemized grants

18

Median grant

$11k

RecipientLocationPurposeAmount
DONGAN CHURCHKSSUPPORT BALI VOCATIONAL SCHOOL$65k
UNIVERSITY OF THE NATION KONAKAILUA KONA, HISCHOLARSHIPS FOR STUDENTS$51k
MARU CULTURE CENTERMOSUPPORT FOR EMPOWERING WOMAN$50k
GLOBAL MISSION CHURCHGYEONGGI-DO, KSSUPPORT$40k
GRACE HOMECHIANGMAI, THSUPPORT GRACE HOME ORPHANAGE$40k
CHILDREN OF LIGHTCAMBODIA, CBSUPPORT FOR HIV PREVENTION EDUCATION$20k
KI HYUP HONGGGSUPPORT CHILDREN EDUCATION PROGRAM$20k
SUMMERLIN COMMUNITY BAPTISH CHURCHLAS VEGAS, NVCHILDREN EDUCATION$12k
DALAT INTERNATIONAL SCHOOLPENANG, MYSCHOLARSHIP$11k
KYUNG JOON LEEISTANBUL, TUSUPPORT CHILDREN EDUCATION PROGRAM$10k
DWELL CITY CHURCHBEL AIR, MDSUPPORT YOUNG STUDENT EDU PROGRAM$10k
YWAM B WGERMANTOWN, MDSUPPORT$6k
YUMI CARESELLICOTT CITY, MDART THERAPY TO PEDIATRIC PATIENTS$6k
YOUNG SEONG CHOFAMAUSTA MERSIN, TUSCHOLARSHIPS$2k
GOSHEN COLLEGEGOSHEN, INSCHOLARSHIPS$1k
JOSEPH CHOECHANTILLY, VASCHOLARSHIPS$1k
GLOBAL MISSIONARY FELLOWSHIPKSSUPPORT GLOBAL MISSIONARY FELLOWSHIP$1k
GIL LEECLIFFSIDE PARK, NJSCHOLARSHIPS$1k
Financial trend

Revenue and expenses over time

BLUE OCEAN INC reported revenue and expenses across 3 filing years.

RevenueExpenses
$13k
$344k
2021
$126k
$382k
2022
$174k
$426k
2023
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What International, Foreign Affairs & National Security executives earn in Maryland

BLUE OCEAN INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable international, foreign affairs & national security organization in Maryland earns a median of $92,666.

25th percentile
$39k
Median
$92,666
75th percentile
$151k
90th percentile
$294k

These are international, foreign affairs & national security sector-wide figures, not this organization's reported pay. Based on 88 organizations across 88 filings (2022 – 2024).

See full International, Foreign Affairs & National Security pay data for Maryland
FAQ

Common questions about BLUE OCEAN INC

What are BLUE OCEAN INC's revenue and expenses?

In 2023, BLUE OCEAN INC reported $174k in total revenue and $426k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.