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Nonprofit · EIN 27-1330532

OCEAN OF OPPORTUNITY

Tax-exempt (reinstated) · SOUTH BEND, IN 46619

Financials

−$500$02023
Revenue Expenses · by fiscal year end
Financials of OCEAN OF OPPORTUNITY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990-EZ-$500$0-$500$0$0$0
Financial details: 990-EZ for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$500
Program service revenue
$0
Investment income
$0
Net gain from sales of assets
-$1,000
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Program services (functional)
$250

Balance sheet and other

Total assets, start of year
$500
Total assets, end of year
$0
Total liabilities, end of year
$0
Net assets, end of year
$0
Gross receipts
$500

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2023, highest compensation first.

NameTitleHours / weekCompensation
Otis DavisPresident2$0
Kisha HooverChairman1$0
Hubert GentryMember1$0
JaRaan CornelMember1$0
Edward DennyMember1$0

Address and contacts

Address (IRS master file)
2921 W SAMPLE ST, SOUTH BEND, IN 46619-3231
In care of
% SANITA DAVIS
Mailing address (990-N for 2024)
2921 West Sample Street, South Bend IN 46619
Principal officer (990-N for 2024)
Sanita Davis, 2921 West Sample Street, South Bend IN 46619
Signed the 990-EZ
Sanita Davis, Founder
Phone
(574) 904-1241

Mission

Ocean of Opportunity's Primary Exempt Purpose is to give back and be an asset to our community! Our mission is to be a Wave for the community like an Ocean, with flowing resources and endless opportunity! Our objective is to be an organization designed to offer various programs to provide those in transition with a better opportunity that will provide positive and productive changes in their lives and their communities!

990-EZ for the year ended December 31, 2023

Program accomplishments

  • Being Able to Provide Resources and being a Mentor to the Youth in the Community has been an Asset, in addition to Helping Parents as Well. Allowing for the Students to gain more confidence with Peer Positive Influence!
    Expenses $250 · grants $250

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-N on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
27-1330532
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2014
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Education (B90)

Revocation and reinstatement

Exemption revoked
May 15, 2012
Posted by the IRS
March 11, 2013
Reinstated
Effective May 15, 2012

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-N for 2024
Officer: Sanita Davis
December 31, 2024≤ $50,000 receipts––e-Postcard
990-EZDecember 2023-$500$0$0XML
990-N for 2021
Officer: Sanita Davis
December 31, 2021≤ $50,000 receipts––e-Postcard
990-N for 2020
Officer: Sanita Davis
December 31, 2020≤ $50,000 receipts––e-Postcard
990-N for 2019
Officer: Sanita Davis
December 31, 2019≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-1330532).

Questions about OCEAN OF OPPORTUNITY

What is the EIN of OCEAN OF OPPORTUNITY?
The employer identification number (EIN) of OCEAN OF OPPORTUNITY is 27-1330532.
Is OCEAN OF OPPORTUNITY tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2012 and reinstated it effective May 15, 2012.
Are donations to OCEAN OF OPPORTUNITY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does OCEAN OF OPPORTUNITY file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of OCEAN OF OPPORTUNITY due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did OCEAN OF OPPORTUNITY last file with the IRS?
The latest return in the IRS public files is the 990-N for 2024 for the year ended December 31, 2024.
Who is the principal officer of OCEAN OF OPPORTUNITY?
The 990-N for 2024 names Sanita Davis.
Who are the officers and directors of OCEAN OF OPPORTUNITY?
The 990-EZ for the year ended December 31, 2023 lists 5 people; 0 received compensation from the organization.
How much revenue does OCEAN OF OPPORTUNITY have?
On its 990-EZ for the year ended December 31, 2023 it reported revenue of -$500, expenses of $0 and total assets of $0 at year end.

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