Ocean Inc
Toms River, NJ · EIN 22-1804345. Reported 98 grants totalling $10.9M to 65 organizations across tax years 2021-2025, on Form 990 Schedule I.
Does this grantmaker accept applications?
Its tax return does not say, and we will not guess. Private foundations file Form 990-PF, which asks outright whether they fund only organizations they select themselves -- 78% say yes, and that one answer is what lets the rest of this site tell you which foundations are worth approaching. Grantmaking charities like this one file a regular Form 990 instead, and the IRS never puts the question to them. Anyone claiming to know the answer from the filing is inventing it.
Three things in the filing do bear on it:
- What kind of organization it is. The IRS has no activity classification on file for this one, so we cannot tell you whether it is a community foundation or a single-institution support fund. The recipient list below is the better guide.
- How spread out its giving is. 65 distinct organizations, with 29% of the dollars going to the largest single recipient. That is genuinely spread out -- the mark of a funder making many independent decisions rather than underwriting one institution.
- How much its list changes. 80% of one year's grantees are funded again the next, across 4 year-to-year transitions. That is well above the 56% median for grantmaking charities, and above the 67% median for private foundations. It describes the organizations it already funds, not whether it would consider a new one.
How big are its grants?
The median reported grant is $62,000. Half of what it reported fell between $39,124 and $70,000; the smallest was $6,750 and the largest $1,844,847. If you are asking for materially more than the top of that range, you are asking the wrong organization.
Every organization it funded
This is the complete list from its filings, largest first. Recipients are grouped by the EIN the filer reported, not by name, so an organization that was typed differently in two years appears once rather than twice.
| Organization | Location | Total received | Grants | Years funded | Last |
|---|---|---|---|---|---|
| Lakewood Economic Action Program Inc | Lakewood, NJ | $3,107,304 | 3 | 3 | 2023 |
| Little Egg Harbor Board of Education | Little Egg Habor Towns, NJ | $2,046,383 | 4 | 4 | 2024 |
| Cape Assist Inc | Wildwood, NJ | $558,399 | 5 | 5 | 2025 |
| Police Athletic League of Atlantic City | Atlantic City, NJ | $511,965 | 5 | 5 | 2025 |
| United Community Corporation | Newark, NJ | $395,780 | 2 | 2 | 2025 |
| Concerned Citizens of Whitesboro Inc | Whitesboro, NJ | $389,150 | 5 | 5 | 2025 |
| No Limits Academy Inc | Cape May, NJ | $331,563 | 2 | 2 | 2025 |
| Ideal Education a Nj Nonprofit Corporation | Iselin, NJ | $320,194 | 4 | 4 | 2025 |
| Meadowlands Transportation Brokerage Corp | Wood Ridge, NJ | $262,575 | 5 | 5 | 2025 |
| Solutions to End Poverty Soon Inc | Toms River, NJ | $146,500 | 5 | 5 | 2025 |
| Tri-County Community Action Agency Inc | Bridgeton, NJ | $109,888 | 2 | 2 | 2025 |
| Friday Is Tie Day | Mays Landing, NJ | $68,341 | 3 | 3 | 2024 |
| America's Best Value Inn & Red Carpet Inn | Whippany, NJ | $62,000 | 1 | 1 | 2021 |
| Ansuya Enterprises | Branchburg, NJ | $62,000 | 1 | 1 | 2021 |
| Best Western Monroe Inn | Williamstown, NJ | $62,000 | 1 | 1 | 2021 |
| Best Westernramsey Hotel | Ramsey, NJ | $62,000 | 1 | 1 | 2021 |
| Beverly Court | Willingboro, NJ | $62,000 | 1 | 1 | 2021 |
| Brunswick Lodging LLC | New Brunswick, NJ | $62,000 | 1 | 1 | 2021 |
| Circle Motor Lodge LLC | South Amboy, NJ | $62,000 | 1 | 1 | 2021 |
| Coral Sands Motel | Seaside Heights, NJ | $62,000 | 1 | 1 | 2021 |
| Days Hotelratan | North Bergen, NJ | $62,000 | 1 | 1 | 2021 |
| Days Inn | Ridgefield, NJ | $62,000 | 1 | 1 | 2021 |
| Days Inn | Wrightstown, NJ | $62,000 | 1 | 1 | 2021 |
| Dry Dock Motel | Seaside Heights, NJ | $62,000 | 1 | 1 | 2021 |
| Economy Inn | Atlantic City, NJ | $62,000 | 1 | 1 | 2021 |
| Edison Enterprises LLC | Edison, NJ | $62,000 | 1 | 1 | 2021 |
| Green Acres Motel | Atco, NJ | $62,000 | 1 | 1 | 2021 |
| Howard Johnson Newark Airportratan Realty 1 | Newark, NJ | $62,000 | 1 | 1 | 2021 |
| Jay Laxmi Vishnu LLC | Somerset, NJ | $62,000 | 1 | 1 | 2021 |
| Madison Hotelshri Sai | Atlantic City, NJ | $62,000 | 1 | 1 | 2021 |
| Quality Inn & Suites | Galloway, NJ | $62,000 | 1 | 1 | 2021 |
| Quality Suitesruxman LLC | North Bergen, NJ | $62,000 | 1 | 1 | 2021 |
| Ramada Innratan Park | Rochelle Park, NJ | $62,000 | 1 | 1 | 2021 |
| Ratan Hotel Plaza Dba Ramada Inn East Orange | East Orange, NJ | $62,000 | 1 | 1 | 2021 |
| Ratan Hotels Management LLC | Clifton, NJ | $62,000 | 1 | 1 | 2021 |
| Ratan Totowa LLC | Totowa, NJ | $62,000 | 1 | 1 | 2021 |
| Rodeway Innmagrat LLC | Jersey City, NJ | $62,000 | 1 | 1 | 2021 |
| Salem Motor Lodge | Salem, NJ | $62,000 | 1 | 1 | 2021 |
| Sea Gem Motel & Apts | Seaside Heights, NJ | $62,000 | 1 | 1 | 2021 |
| Seven Hoteltown House | Elmwood Park, NJ | $62,000 | 1 | 1 | 2021 |
| Skyview Manor Motel | Seaside Heights, NJ | $62,000 | 1 | 1 | 2021 |
| Town House Motel | East Windsor, NJ | $62,000 | 1 | 1 | 2021 |
| Track & Turf | Mount Laurel, NJ | $62,000 | 1 | 1 | 2021 |
| Travel Inn | Flemington, NJ | $62,000 | 1 | 1 | 2021 |
| Travelodge | South Hackensack, NJ | $62,000 | 1 | 1 | 2021 |
| Travelodgeratan Ac | Absecon, NJ | $62,000 | 1 | 1 | 2021 |
| Vihar Hotel LLC | Avenel, NJ | $62,000 | 1 | 1 | 2021 |
| Wayne Hotel LLC | Wayne, NJ | $62,000 | 1 | 1 | 2021 |
| Common Ground Economic Development Inc | Pleasantville, NJ | $60,000 | 1 | 1 | 2025 |
| Acasia Urban Trauma Recovery Inc | Bridgeton, NJ | $42,858 | 1 | 1 | 2025 |
| Red Carpet Inn | Berlin, NJ | $39,508 | 1 | 1 | 2021 |
| Holiday Motel | Andover, NJ | $32,911 | 1 | 1 | 2021 |
| Rex Motel | Egg Harbor Twp, NJ | $31,382 | 1 | 1 | 2021 |
| Franklin Terrace Motel | Seaside Heights, NJ | $27,900 | 1 | 1 | 2021 |
| Express Inn | Farmingdale, NJ | $24,520 | 1 | 1 | 2021 |
| Toms River Artist Community | Beachwood, NJ | $22,229 | 1 | 1 | 2025 |
| Pelican Inn & Suites | Toms River, NJ | $22,213 | 1 | 1 | 2021 |
| Monmouth Ocean Police Athletic League | Howell, NJ | $20,000 | 1 | 1 | 2024 |
| Cedars Motel Inc | Toms River, NJ | $19,455 | 1 | 1 | 2021 |
| Atco Motel | Atco, NJ | $15,964 | 1 | 1 | 2021 |
| Dream Big Foundation Inc | Crownsville, MD | $13,656 | 1 | 1 | 2025 |
| Covenant House New Jersey Inc | Newark, NJ | $13,500 | 1 | 1 | 2025 |
| Offshore Motel | Seaside Heights, NJ | $11,691 | 1 | 1 | 2021 |
| Jersey Shore Motel | Villas, NJ | $10,234 | 1 | 1 | 2021 |
| Pleasantville Junior Jokers Football Organization | Pleasantville, NJ | $6,750 | 1 | 1 | 2025 |
12 of 65 (18%) received money in more than one year over the 5 years we hold. Remember the $5,000 floor: an organization funded every year at $3,000 shows up here as never funded at all.
What the money was for
Taken verbatim from the purpose column of its filings, largest first. This is the closest thing to a statement of what it funds, in its own words.
- United Community Corporation
HEATING IMPROVEMENT AND ENERGY ASSISTANCE - Ideal Institute of Technology
DIGITAL LITERACY TRAINING/WORKSHOP - Concerned Citizens of Whitesboro
FOOD PANTRY SUPPORT PROGRAM - Atlantic City Police Athletic League
SUMMER CHILD/YOUTH PROGRAM - Ideal Education
COVID-19 MOTEL ASSISTANCE PROGRAM - Howard Johnson Newark Airportratan Realty 1
COVID-19 MOTEL ASSSISTANCE PROGRAM
What kind of organizations it funds
By the activity category the IRS assigns each recipient, for the 14 of 65 recipients we could match to a registered organization. The categories are the IRS's, not ours -- Schedule I reports the recipient's EIN, so this is a lookup rather than a name match.
Giving by year
| Tax year | Grants reported | Total | Median grant |
|---|---|---|---|
| 2021 | 55 | $5,333,292 | $62,000 |
| 2022 | 9 | $2,261,579 | $88,005 |
| 2023 | 8 | $1,072,386 | $94,452 |
| 2024 | 11 | $1,223,696 | $81,235 |
| 2025 | 15 | $1,003,860 | $43,120 |
Tax years, not calendar years, and the most recent year is usually incomplete -- Form 990 arrives about a year after the year it covers, so a low final year means late paperwork rather than a grantmaker winding down.
Where its money goes
100% of its giving went to organizations in New Jersey. Community foundations and federated funds are usually the most geographically bounded funders there are -- being outside the footprint is normally disqualifying in a way that a weak programme fit is not.
Down to the city
Get funders for your state and cause by email
We email you funders that gave to organizations in your state and cause, up to five at a time each week and never the same one twice, from their own IRS filings. Free. The weekly email has not started yet.
Unsubscribe in one click from any email. We never sell or share your address. To match on your organization and typical grant size too, keep a private profile.
Funders that support the same organizations
These grantmakers and private foundations gave to organizations this one also funded. Shared grantees are a sign of overlapping priorities and nothing more: they do not show that any of these funders would consider a new organization. Each page says what its filings show.
How to approach this grantmaker
- Look for a published programme first. Unlike most private foundations, organizations of this kind often do run open, deadlined grant cycles with written guidelines. Its own website is the authority on that; this page is the authority on who it has actually paid.
- Check you are its size. The median reported grant is $62,000 -- and because grants under $5,000 need not be reported, it very likely writes smaller cheques than this page can see.
- Check you are in its geography. Its giving concentrates in New Jersey.
- Read the recipient list for organizations like yours. If nothing on it resembles your work, that is a real answer and a cheap one to get.
Related guides
Where these numbers come from
Everything above is taken from Ocean Inc's own Form 990 Schedule I filings, which the IRS publishes in bulk. We used 5 returns (tax years 2021-2025). Grant figures are from its returns. Recipient classifications, the concentration and retention figures and the funders that support the same organizations are our own calculations from them, described in how we build this.
On its most recent return it told the IRS it made grants to 15 section 501(c)(3) organizations and 0 other organizations. That is the filer's own count for one year; the totals above cover every year we hold.
Address of record on the latest return: 40 Main Street, Toms River, NJ, 08753.
EIN 22-1804345 · See the original filings on ProPublica · How we build this
Is something here wrong about your organization? Email [email protected] and we will correct it.