Mission
TO EMPOWER THE GLOBAL UNDERWATER SCIENCE COMMUNITY WITH THE TOOLS AND EXPERTISE REQUIRED TO EXPLORE THE GREATEST DEPTHS OF THE PLANET'S LARGEST AND DEEPEST BODIES OF WATER AND RETURN WITH DISCOVERIES THAT AMAZE AND INSPIRE A GLOBAL AUDIENCE.
Public Charity
THE GLOBAL FOUNDATION FOR OCEAN EXPLORATION INC
THE GLOBAL FOUNDATION FOR OCEAN EXPLORATION INC is a Public Charity headquartered in OLD LYME, CT. Financial data from the 2025 filing: $2.4M revenue, $3.2M expenses, $803K total assets. 2 publicly reported grants to this organization, totaling roughly $32K, appear in IRS filings.
EIN: 460814861
OLD LYME, CT
Marine Science & Oceanography
NTEE: U21
Latest filing: 2025
Total Revenue$2.4M
Total Expenses$3.2M
Total Assets$803K
Grant Records2
Funding Total$32K
Filing Years2020–2025
Where $100 goes at The Global Foundation for Ocean Exploration Inc
How The Global Foundation for Ocean Exploration Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$98
Programs
the work itself
$2
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 $98 for programs
$98
Advancement of deep submergence vehicles, equipment and telepresence systems including the design, engineering and development of sampling capabilities for government owned underwater robots; conduct major ocean exploration expeditions…
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
General Charitable Contributions
$20,000
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
$12,000
Showing up to 5 of 2 total records — full history available with membership.
Officers & Directors
SEC/TREAS
Cynthia Shereda
President
David Lovalvo
Director
Harlan Kredit
Vice President
Melissa Ryan
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $2.4M | $3.2M | $803K |
| 2024 | $4.6M | $4.7M | $1.8M |
| 2023 | $5.0M | $5.4M | $2.1M |
| 2022 | $5.1M | $5.5M | $2.4M |
| 2020 | $4.9M | $4.8M | $3.4M |
Between 2020 and 2025, reported annual revenue declined from $4.9M to $2.4M (-50%), with total assets most recently reported at $803K.
Interactive year-over-year charts and full filing details available with membership.