Nonprofit · EIN 47-5354034
OCEANS OF MERCY
Tax-exempt · INDIANAPOLIS, IN 46234
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $64,467 | $77,219 | -$12,752 | $40,797 | – | $43,678 |
| December 31, 2024 | 990-EZ | $71,048 | $60,679 | $10,369 | $56,430 | – | $57,580 |
| December 31, 2023 | 990-EZ | $65,836 | $61,525 | $4,311 | $47,211 | $0 | $47,211 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $64,458
- Investment income
- $9
Expenses
- Compensation of officers, directors and key employees
- $34,560
- Salaries, compensation and benefits (total)
- $35,935
- Professional fees and payments to contractors
- $1,900
- Occupancy
- $282
- Printing, publications and postage
- $814
- Other expenses
- $38,288
- Program services (functional)
- $62,792
Balance sheet and other
- Total assets, start of year
- $56,430
- Total assets, end of year
- $40,797
- Total liabilities, end of year
- –
- Net assets, end of year
- $43,678
- Cash, savings and investments
- $40,797
- Gross receipts
- $64,467
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 |
|---|---|---|---|
| Manish Bhagat | President | 40 | $34,560 |
| Diana Bhagat | Secretary | 20 | $0 |
| Shirley O'Connor | Treasurer | 2 | $0 |
990-EZ for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Manish Bhagat | President | 40 | $32,760 |
| Diana Bhagat | Secretary | 20 | $0 |
| Aaron Y oder | Treasurer | 2 | $0 |
| Larry Mowery | Director | 1 | $0 |
| Paul Wagner | Director | 1 | $0 |
990-EZ for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Manish Bhagat | President | 40 | $36,185 |
| Diana Bhagat | Secretary | 20 | $0 |
| Aaron Yoder | Treasurer | 2 | $0 |
| Larry Mowery | Director & VP | 1 | $0 |
| Paul Wagner | Director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 34352, INDIANAPOLIS, IN 46234-0352
- In care of
- % J STEPHENS-MCG
- Mailing address (990-N for 2018)
- PO Box 212, New Paris OH 45347
- Principal officer (990-N for 2018)
- Manish Bhagat, PO Box 212, New Paris OH 45347
- Signed the 990-EZ
- Manish Bhagat, President
- Return prepared by
- Ministry Consulting Group LLC
Mission
Missionary work in the nation of India
Program accomplishments
- Missionary work in the nation of IndiaExpenses $62,792
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 47-5354034
- 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
- 2016
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Religion-related (X99)
- Assets (IRS master file)
- $40,797
- Income (IRS master file)
- $64,467
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $64,467 | $77,219 | $40,797 | IRS |
| 990-EZ | December 2024 | $71,048 | $60,679 | $56,430 | IRS |
| 990-EZ | December 2023 | $65,836 | $61,525 | $47,211 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-N for 2018 Officer: Manish Bhagat | December 31, 2018 | ≤ $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 47-5354034).
Questions about OCEANS OF MERCY
- What is the EIN of OCEANS OF MERCY?
- The employer identification number (EIN) of OCEANS OF MERCY is 47-5354034.
- Is OCEANS OF MERCY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to OCEANS OF MERCY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does OCEANS OF MERCY file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of OCEANS OF MERCY 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 OCEANS OF MERCY last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who is the principal officer of OCEANS OF MERCY?
- The 990-N for 2018 names Manish Bhagat.
- Who are the officers and directors of OCEANS OF MERCY?
- The 990-EZ for the year ended December 31, 2025 lists 3 people; 1 received compensation from the organization, the highest $34,560 (Manish Bhagat, President).
- How much revenue does OCEANS OF MERCY have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $64,467, expenses of $77,219 and total assets of $40,797 at year end.
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