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Source: IRS Form 990 via ProPublica Nonprofit Explorer
Total Revenue
▼$7.2M
Total Contributions
$7.1M
Total Expenses
▼$6.8M
Total Assets
$3.4M
Total Liabilities
▼$2.1M
Net Assets
$1.3M
Officer Compensation
→$273.2K
Other Salaries
$705.9K
Investment Income
▼$0
Fundraising
▼$0
Source: USAspending.gov · Searched by organization name
Total Federal Funding
$250K
Awards Found
1
| Awarding Agency | Description | Amount | Fiscal Year | Period |
|---|---|---|---|---|
| Department of Commerce | THE NATIONAL OFFSHORE WIND RESEARCH & DEVELOPMENT CONSORTIUM (NOWRDC), IN COLLABORATION WITH XODUS GROUP AND KARP STRATEGIES, PROPOSES THE NATIONAL OCEAN RENEWABLE POWER ACCELERATOR (OCEAN REPOWER). OCEAN REPOWER WILL ESTABLISH A NEW NATIONAL FRAMEWORK FOR INNOVATION COMMERCIALIZATION, FOCUSING ON TOOLS AND SERVICES TO PROMOTE SUSTAINABLE, SAFE, INCLUSIVE, AND INFORMED OCEAN RENEWABLE ENERGY. INSTEAD OF A CONVENTIONAL PLACE-BASED ACCELERATOR, OUR PROGRAM CONNECTS EXISTING SUPPORT SYSTEMS NATIONWIDE, OFFERING CUSTOMIZED ASSISTANCE TO COHORT STARTUPS. OCEAN REPOWER WILL TARGET STARTUPS AND ENTREPRENEURS AT DEMONSTRATION OR IN-WATER PILOTING STAGES, READYING THEM TO DESIGN AND CONDUCT PILOTING TO PREPARE THEM FOR MARKET ENTRY. WITH FIVE YEARS IN MARINE RENEWABLE ENERGY RESEARCH AND TIES TO THE OFFSHORE WIND INNOVATION HUB, NOWRDC BRINGS ITS EXPERIENCE IN FUNDING AND MANAGING RESEARCH PROJECTS IN MARINE RENEWABLE ENERGY TOGETHER WITH ITS KNOWLEDGE ABOUT THE CORPORATE INNOVATION WORLD AND BUSINESS SUPPORT TO THE PROGRAM. XODUS GROUP OFFERS ROBUST BUSINESS MENTORING, ECONOMIC IMPACTS EVALUATION, AND MARKET INSIGHTS RESULTING FROM BROAD EXPERIENCE IN SUPPLY CHAIN, POLICY, WORKFORCE, AND STAKEHOLDER ANALYSES. KARP STRATEGIES ADDS ITS PROFICIENCY IN RENEWABLE ENERGY DEVELOPMENT, INCLUSIVE ECONOMIC PROGRAMS, STAKEHOLDER ENGAGEMENT, AND STRATEGIC PLANNING. | $250K | FY2024 | Mar 2024 – Nov 2024 |
Department of Commerce
$250K
THE NATIONAL OFFSHORE WIND RESEARCH & DEVELOPMENT CONSORTIUM (NOWRDC), IN COLLABORATION WITH XODUS GROUP AND KARP STRATEGIES, PROPOSES THE NATIONAL OCEAN RENEWABLE POWER ACCELERATOR (OCEAN REPOWER). OCEAN REPOWER WILL ESTABLISH A NEW NATIONAL FRAMEWORK FOR INNOVATION COMMERCIALIZATION, FOCUSING ON TOOLS AND SERVICES TO PROMOTE SUSTAINABLE, SAFE, INCLUSIVE, AND INFORMED OCEAN RENEWABLE ENERGY. INSTEAD OF A CONVENTIONAL PLACE-BASED ACCELERATOR, OUR PROGRAM CONNECTS EXISTING SUPPORT SYSTEMS NATIONWIDE, OFFERING CUSTOMIZED ASSISTANCE TO COHORT STARTUPS. OCEAN REPOWER WILL TARGET STARTUPS AND ENTREPRENEURS AT DEMONSTRATION OR IN-WATER PILOTING STAGES, READYING THEM TO DESIGN AND CONDUCT PILOTING TO PREPARE THEM FOR MARKET ENTRY. WITH FIVE YEARS IN MARINE RENEWABLE ENERGY RESEARCH AND TIES TO THE OFFSHORE WIND INNOVATION HUB, NOWRDC BRINGS ITS EXPERIENCE IN FUNDING AND MANAGING RESEARCH PROJECTS IN MARINE RENEWABLE ENERGY TOGETHER WITH ITS KNOWLEDGE ABOUT THE CORPORATE INNOVATION WORLD AND BUSINESS SUPPORT TO THE PROGRAM. XODUS GROUP OFFERS ROBUST BUSINESS MENTORING, ECONOMIC IMPACTS EVALUATION, AND MARKET INSIGHTS RESULTING FROM BROAD EXPERIENCE IN SUPPLY CHAIN, POLICY, WORKFORCE, AND STAKEHOLDER ANALYSES. KARP STRATEGIES ADDS ITS PROFICIENCY IN RENEWABLE ENERGY DEVELOPMENT, INCLUSIVE ECONOMIC PROGRAMS, STAKEHOLDER ENGAGEMENT, AND STRATEGIC PLANNING.
Source: Federal Audit Clearinghouse (fac.gov)
No federal single audit records found for this organization.
Single audits are required for entities expending $750,000+ in federal awards annually.
Source: IRS e-Filed Form 990
No officer or director compensation data available for this organization.
This data is sourced from IRS Form 990, Part VII. It may not be available if the organization files Form 990-N (e-Postcard) or has not yet been enriched.
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2023 | $7.2M | $7.1M | $6.8M | $3.4M | $1.3M |
| 2022 | $6.9M | $6.9M | $6.5M | $2.6M | $887.8K |
| 2021 | $2.5M | $2.5M | $2.3M | $2.1M | $459.5K |
| 2020 | $1.1M | $1.1M | $1.1M | $1.4M | $289K |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
Financial data: IRS Form 990 via ProPublica Nonprofit Explorer (Tax Year 2023)
Federal grants: USAspending.gov (live)
Organization info: IRS Business Master File · ProPublica Nonprofit Explorer
Tax-deductibility: IRS Publication 78
| 2019 | $462K | $461.7K | $178.8K | $1.3M | $283.2K |
| 2018 | $41.9K | — | $41.9K | $1 | — |
| 2021 | 990 | Data |
| 2020 | 990 | Data | PDF not yet published by IRS |
| 2019 | 990 | Data |
| 2018 | 990-EZ | Data |