Public Charity

PACIFIC OCEAN ENERGY TRUST

PACIFIC OCEAN ENERGY TRUST is a Public Charity headquartered in BEAVERTON, OR. Financial data from the 2024 filing: $3.5M revenue, $3.5M expenses, $1.0M total assets. 2 publicly reported grants to this organization, totaling roughly $168K, appear in IRS filings.

EIN: 264646584 BEAVERTON, OR Natural Resources Conservation & Protection NTEE: C30 Latest filing: 2024
Total Revenue$3.5M
Total Expenses$3.5M
Total Assets$1.0M
Grant Records2
Funding Total$168K
Filing Years2019–2024

Mission

BUILDING AMERICAN ENERGY RESILIENCY THROUGH OCEAN-BASED TECHNOLOGY AND POLICY SOLUTIONS.

Where $100 goes at Pacific Ocean Energy Trust

How Pacific Ocean Energy Trust divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$95 Programs the work itself
$5 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $95 for programs

$95
The organization supports the responsible development of ocean energy
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

BOARD MEMBER Dave Robertson
SEC/TREAS/EXEC DIRECTOR Jason Busch
VICE PRESIDENT Justin Klure
PRESIDENT Kevin Banister
PROGRAM DIRECTOR Samantha Quinn
BOARD MEMBER Simon Geerlofs

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$148,381 1 grant
Unspecified
$20,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $3.5M $3.5M $1.0M
2023 $2.3M $2.4M $914K
2022 $2.9M $2.9M $453K
2020 $491K $664K $255K
2019 $318K $374K $390K

Between 2019 and 2024, reported annual revenue grew from $318K to $3.5M (+1009%), with total assets most recently reported at $1.0M.

Interactive year-over-year charts and full filing details available with membership.

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