Nonprofit · EIN 88-4011690
MARINE DEBRIS FOUNDATION
Tax-exempt · WASHINGTON, DC 20009
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $299,905 | $286,012 | $13,893 | $119,750 | $6,048 | $113,702 |
| December 31, 2024 | 990-EZ | $187,817 | $88,008 | $99,809 | $99,809 | – | $99,809 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $299,905
- of which government grants
- $198,455
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $176,035
- Salaries, compensation and benefits (total)
- $180,297
- Professional fundraising fees
- $67,000
- Accounting fees
- $3,177
- Travel
- $1,788
- Program services (functional)
- $167,841
- Management and general (functional)
- $32,697
- Fundraising (functional)
- $85,474
Balance sheet and other
- Total assets, start of year
- $99,907
- Total assets, end of year
- $119,750
- Total liabilities, end of year
- $6,048
- Net assets, end of year
- $113,702
- Net assets without donor restrictions
- $78,002
- Net assets with donor restrictions
- $35,700
- Gross receipts
- $299,905
- Employees
- 1
- Volunteers
- 14
- Year formed
- 2023
- State of legal domicile
- DC
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 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Clare Romanik | Executive Dir. Officer | 40 | $96,700 | $1,140 |
| Susan Sherman | Executive Dir. Officer | 40 | $76,412 | $0 |
| Ginny Eckert | Chairman Trustee or director, Officer | 2 | $0 | $0 |
| Nicholas Mallos | Director Trustee or director, Officer | 2 | $0 | $0 |
| Carrie Thompson | Secretary Trustee or director, Officer | 2 | $0 | $0 |
| Sherry Lippiatt | Treasurer Trustee or director, Officer | 2 | $0 | $0 |
| Jenna Jambeck | Director Trustee or director | 1 | $0 | $0 |
| Julianne Curry | Director Trustee or director | 1 | $0 | $0 |
| Katie Conlon | Director Trustee or director | 1 | $0 | $0 |
| Miki Tomita | Director Trustee or director | 1 | $0 | $0 |
| Neil Tangri | Director Trustee or director | 1 | $0 | $0 |
| Scott Cassel | Director Trustee or director | 1 | $0 | $0 |
| Richard Formato | Director Trustee or director | 1 | $0 | $0 |
990-EZ for the year ended December 31, 2024: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Sherry Lippiat | Treasurer | 1 | $0 |
| Ginny Eckert | Board Chair | 2 | $0 |
| Nicholas Mallos | Vice Chair | 2 | $0 |
| Miki Tomita | Secretary | 1 | $0 |
| Melvin Alvarez | Director | 1 | $0 |
| Scott Cassel | Director | 1 | $0 |
| Katie Conlon | Director | 1 | $0 |
| Julianne Curry | Director | 1 | $0 |
| Jenna Jambeck | Director | 1 | $0 |
| Richard Spinrad | Director | 1 | $0 |
| Neil Tangri | Director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1930 18TH ST NW STE B2, WASHINGTON, DC 20009-1797
- In care of
- % SHERRY LIPPIATT
- Principal officer (990 for 2025)
- Sherry Lippiatt, 1930 18th St NW B-2 2400, Washington, DC 20009
- Signed the 990
- Sherry Lippiatt, Treasurer
- Phone
- (202) 677-1338
- 990-N for 2023 filed under this EIN
- Most likely by a chapter, club or affiliate (it says receipts are normally $50,000 or less). Officer: Susan Sherman, 818 Harris Road, Charlottesville VA 22902. Mailing address: 1320 19th Street NW STE 500, Washington DC 20036. Website: www.marinedebrisfoundation.org
- Return prepared by
- HELEN NELSON CPA
Mission
Our mission is to achieve plastic-free waters by advancing innovative solutions, investing in new technologies, and supporting community-driven initiatives.
Program accomplishments
- We strive to achieve plastic-free waters by advancing innovative solutions, investing in new technologies, and supporting community-driven initiatives. Through the Genius Prize national competitive award, we spark innovation for transformative solutions. We work to educate the next generation and fund high-impact solutions to prevent and remove marine debris that threatens fisheries and coastal communities.Expenses $167,841
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 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-N on file |
IRS record
- EIN
- 88-4011690
- 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
- 2023
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Environment (C32)
- Assets (IRS master file)
- $119,750
- Income (IRS master file)
- $299,905
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $299,905 | $286,012 | $119,750 | IRS |
| 990-EZ | December 2024 | $187,817 | $88,008 | $99,809 | IRS |
| 990-N for 2023 Officer: Susan Sherman Filed under this EIN, most likely by a chapter or affiliate | December 31, 2023 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2022 Officer: Mark J Spalding Filed under this EIN, most likely by a chapter or affiliate | December 31, 2022 | ≤ $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 88-4011690).
Questions about MARINE DEBRIS FOUNDATION
- What is the EIN of MARINE DEBRIS FOUNDATION?
- The employer identification number (EIN) of MARINE DEBRIS FOUNDATION is 88-4011690.
- Is MARINE DEBRIS FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
- Are donations to MARINE DEBRIS FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MARINE DEBRIS FOUNDATION 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 MARINE DEBRIS FOUNDATION 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 MARINE DEBRIS FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of MARINE DEBRIS FOUNDATION?
- The 990 for the year ended December 31, 2025 names Sherry Lippiatt.
- Who are the officers and directors of MARINE DEBRIS FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 13 people; 2 received compensation from the organization, the highest $96,700 (Clare Romanik, Executive Dir.).
- How much revenue does MARINE DEBRIS FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $299,905, expenses of $286,012 and total assets of $119,750 at year end.
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