Nonprofit · EIN 46-5760733
OCEAN ACCELERATOR INC
Tax-exempt · CINCINNATI, OH 45208
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $20,220 | $54,703 | -$34,483 | $77,129 | $743 | $76,386 |
| December 31, 2024 | 990 | $384,887 | $454,590 | -$69,703 | $113,654 | $2,785 | $110,869 |
| December 31, 2023 | 990 | $300,616 | $584,871 | -$284,255 | $184,857 | $4,285 | $180,572 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $4,077
- Program service revenue
- $15,957
- Other revenue
- $186
Expenses
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $1,611
- Professional fees and payments to contractors
- $30,175
- Occupancy
- $2,798
- Other expenses
- $20,119
- Program services (functional)
- $3,923
Balance sheet and other
- Total assets, start of year
- $113,654
- Total assets, end of year
- $77,129
- Total liabilities, end of year
- $743
- Net assets, end of year
- $76,386
- Cash, savings and investments
- $77,129
- Gross receipts
- $20,220
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jeff Smith | Director | 0.35 | $0 |
| Lukas Naughle | Director | 0.35 | $0 |
| Jerod Pilot | Director | 0.35 | $0 |
| Luke Dooley | President | 10 | $0 |
990 for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jeff Smith | Director Trustee or director | 0.35 | $0 |
| Lukas Naughle | Director Trustee or director | 0.35 | $0 |
| Jerod Pilot | Director Trustee or director | 0.35 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANN THOMPSON | Chairwoman Trustee or director | 0.35 | $0 |
| Jeff Smith | Director Trustee or director | 0.35 | $0 |
| Lukas Naughle | Director Trustee or director | 0.35 | $0 |
| Jerod Pilot | Director Trustee or director | 0.35 | $0 |
Address and contacts
- Address (IRS master file)
- 2724 ERIE AVE STE 200, CINCINNATI, OH 45208-2125
- Signed the 990-EZ
- Luke Dooley, President
- Phone
- (513) 351-2345
- Website
- www.oceanprograms.com
- Return prepared by
- Matthew J Ackermann CPA Inc
Mission
Ocean Accelerator, Inc. activates entrepreneurs as a force for kingdom impact and cultural renewal. We train entrepreneurs to launch and lead businesses through programs that intergrade practical business acumen with timeless biblical wisdom in the context of community.
Program accomplishments
- Entrepreneurial support through community, trainning, and events.Expenses $3,923 · grants $15,957
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 46-5760733
- 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
- 2015
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Community improvement and capacity building (S43)
- Assets (IRS master file)
- $77,129
- Income (IRS master file)
- $20,220
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $20,220 | $54,703 | $77,129 | IRS |
| 990 | December 2024 | $384,887 | $454,590 | $113,654 | XML |
| 990 | December 2023 | $300,616 | $584,871 | $184,857 | XML |
| 990 | December 2022 | $956,701 | $586,445 | $458,764 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
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 46-5760733).
Questions about OCEAN ACCELERATOR INC
- What is the EIN of OCEAN ACCELERATOR INC?
- The employer identification number (EIN) of OCEAN ACCELERATOR INC is 46-5760733.
- Is OCEAN ACCELERATOR INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to OCEAN ACCELERATOR INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does OCEAN ACCELERATOR INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of OCEAN ACCELERATOR INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did OCEAN ACCELERATOR INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of OCEAN ACCELERATOR INC?
- The 990-EZ for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does OCEAN ACCELERATOR INC have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $20,220, expenses of $54,703 and total assets of $77,129 at year end.
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All nonprofits in CINCINNATI · Ohio · Community improvement and capacity building