American Reef Coalition Inc
- Assets
- $101.6k
- Revenue
- $22.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Bayfield, CO
- Founding
- 12/2002
- Data as of
- 12/2021
- EIN
- 30-0112665
Organization Overview
American Reef Coalition Inc is located in Bayfield, CO. The organization was established in 2002. According to its NTEE Classification (U21) the organization is classified as: Marine Science & Oceanography, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Reef Coalition Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, American Reef Coalition Inc generated $22.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (54.9%) each year. All expenses for the organization totaled $45.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROTECTION AND CONSERVATION OF AQUATIC, NATURAL AND WILDERNESS AREAS THROUGH A VARIETY OF PROVEN METHODS AND MAINTAINING PUBLIC ACCESS TO THESE ARES FOR CONSERVATION, PUBLIC ENJOYMENT AND EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AQUATIC DEBRIS ERADICATION PROGRAM:WE REMOVED APPROX. 300 POUNDS OF TRASH FROM IN AND AROUND RIVERS AND LAKES WITH THE HELP OF VOLUNTEERS. WE REMOVED OVER 1,000 POUNDS OF MARINE DEBRIS FROM OCEAN SHORELINES WITH THE HELP OF VOLUNTEERS. WE POSTED PICTURES OF OUR WORK ON SOCIAL MEDIA TO ENCOURAGE THE PUBLIC TO GET OUSIDE AND TAKE A STEWARDSHIP ROLE IN THE PROTECTION AND CONSERVATION OF NATURE.
TRAIL MAINTENANCE PROGRAM:WE MAINTAINED OVER 20 MILES OF HIKING/OHV TRAILS. EVERYTHING FROM CUTTING AND CLEARING DOWNED TREES TO CUTTING BACK INVASIVE VEGETATION AND REMOVING BOULDERS THAT HAD ROLLED DOWNHILL AND BLOCKED TRAILS. WE ALSO POSTED PICTURES OF OUR WORK ON SOCIAL MEDIA TO ENCOURAGE THE PUBLIC TO GET OUTSIDE AND TAKE A STEWARDSHIP ROLES IN THE PROTECTION AND CONSERVATION OF NATURE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Hunt Vice Prestreas | OfficerTrustee | 2 | $0 |
Terry Hunt President | OfficerTrustee | 10 | $0 |
Taryn Hunt Secretary | OfficerTrustee | 1 | $0 |
Garrett Mccarey Board Member | Trustee | 1 | $0 |
Chris Drews Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $20,100 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,100 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $22,752 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,024 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $104 |
| Office expenses | $2,235 |
| Information technology | $270 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,653 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $19,395 |
| Insurance | $2,081 |
| All other expenses | $8,638 |
| Total functional expenses | $45,450 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,676 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $85,920 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $101,596 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $101,596 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $101,596 |
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