Bahamas Marine Ecocentre is located in Miami, FL. The organization was established in 2014. According to its NTEE Classification (C32) the organization is classified as: Water Resources, Wetlands Conservation & Management, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bahamas Marine Ecocentre 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 12/2022, Bahamas Marine Ecocentre generated $240.8k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 15.2% each year . All expenses for the organization totaled $288.5k during the year ending 12/2022. While expenses have increased by 6.1% per year over the past 4 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
RESEARCH AND EDUCATION: BAHAMAS MARINE ECOCENTRE FOCUSES ON MARINE SCIENCE EDUCATION AND RESEARCH AND PROMOTES SCIENTIFIC AND ARTISTIC ACTIVITIES THAT FOSTER ENVIRONMENTAL STEWARDSHIP. IN 2022, ACTIVITIES WERE FOCUSED IN THREE GEOGRAPHIC AREAS: BAHAMAS, WESTERN AUSTRALIA, AND NORTHERN CHILE, AS OUTLINED IN LINES 28-30. RESEARCH ON GYPSUM DEPOSITIONAL SYSTEM IN LAGOONS IN THE ATACAMA DESERT, WHICH INITIATED AS A CONSULTING SERVICE IN 2017, BECAME A FUNDED RESEARCH PROJECT IN 2018. SUPPORTED BY THE CHILEAN MINING COMPANY, SQM, BME IS INVESTIGATING THE ROLE OF MICROBES IN SEDIMENTATION IN THE DESERT LAGOON SYSTEMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESEARCH AND EDUCATION ACTIVITIES IN THE BAHAMAS WERE LARGELY CARRIED OUT AT THE DARBY ISLAND RESEARCH STATION, BAHAMAS. WHICH IS MAINTAINED AND OPERATED BY BAHAMAS MARINE ECOCENTRE. AS IN 2021, RESEARCH ACTIVITIES AT THE STATION IN 2022 WERE RESTRICTED DUE TO COVID19; COSTS WERE MAINLY ASSOCIATED WITH STATION MAINTENANCE AND TRAVEL.
OUR SECOND GEOGRAPHIC AREA OF RESEARCH WAS THE ATACAMA DESERTOF NORTHERN CHILE WHERE WE CONTINUED MONITORING STROMATOLITE GROWTH IN SALINE LAGOONS. THIS RESEARCH INVOLVED ONE POST DOCTORAL FELLOW. PROGRAM EXPENSES PERTAIN TO FIELD ACTIVITIES AND LABORATORY ANALYSES. THE FOLLOWING PEER REVIEWED PAPERS WERE PUBLISHED IN 2022: (1) OEHLERT AM, SUOSAARI EP, KONG T, PIGGOT AM, MAIZEL D, LASCU I, DEMERGASSO C, CHONG DÍAZ G, REID RP. (2022) PHYSICAL, CHEMICAL, AND MICROBIAL FEEDBACKS CONTROLLING BRINE GEOCHEMISTRY AND LAKE MORPHOLOGY IN POLYEXTREME SALAR ENVIRONMENTS. SCI TOTAL ENVIRON. 2022 AUG 25;836:155378. DOI.ORG10.1016/J.SCITOTENV.2022.155378. EPUB 2022 APR 27. PMID: 35489513. (2) SUOSAARI, E.P., LASCU, I., OEHLERT, A.M., PARLANTI, P., MACHABEE, P.F., PIGGOT, A.M., REID, R.P. 2022. MG-CLAY BIOMINERALIZATION AS A PREREQUISITE TO MICROBIAL CARBONATE PRECIPITATION IN NON-MARINE SETTINGS: A CASE STUDY FROM THE PUQUIOS, SALAR DE LLAMARA, NORTHERN CHILE. NATURE COMMUNICATIONS EARTH AND ENVIRONMENT 2022 DOI 10.1038/S43247-022-00658-5. (3) SUOSAARI, E.P.; OEHLERT,A.M.; LASCU, I.; DECHO, A.W.; PIGGOT, A.M.; PALMA, A.T.; MACHABEE, P.F.; REID, R.P. (2022) ENVIRONMENTAL AND BIOLOGICAL CONTROLS ON SEDIMENTARY BOTTOM TYPES IN THE PUQUIOS OF THE SALAR DE LLAMARA, NORTHERN CHILE. GEOSCIENCES 2022, 12, 247. HTTPS:// DOI.ORG/10.3390/GEOSCIENCES12060247.
A THIRD AREA OF RESEARCH ACTIVITY WAS WESTERN AUSTRALIA,WHERE WE CONT'D RESEARCH INTO MODERN MARINE STROMATOLITES IN SHARK BAY. THIS RESEARCH INVOLVED ONE PHD STUDENT AND ONE POST DOC. THE FOLLOWING TWO PAPERS WERE PUBLISHED: (1) VITEK, B.E.; SUOSAARI, E.P.; STOLZ, J.F.; OEHLERT, A.M.; REID, R.P. INITIAL ACCRETION IN HAMELIN POOL MICROBIALITES: THE ROLE OF ENTOPHYSALIS IN PRECIPITATION OF MICROBIAL MICRITE. GEOSCIENCES 2022, 12, 304. HTTPS://DOI.ORG/10.3390/GEOSCIENCES12080304. (2) SUOSAARI, E.P., REID, R.P. MERCADIER, C., VITEK, B.E, OEHLERT, A.M., STOLZ, J.F., GIUSFREDI, P.E., EBERLI, G.P. (2022) THE MICROBIAL CARBONATE FACTORY OF HAMELIN POOL, SHARK BAY, WESTERN AUSTRALIA: SCIENTIFIC REPORTS (2022) 12:12902 | HTTPS://DOI.ORG/10.1038/S41598-022-16651-Z.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ruth Pamela Reid President | OfficerTrustee | 10 | $0 |
Alexander Tecle Treasurer | OfficerTrustee | 1 | $0 |
Peter Ortner Director | Trustee | 1 | $0 |
Jamie Foster Secretary | OfficerTrustee | 1 | $0 |
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 | $240,607 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $240,607 |
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 | $240,840 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $7,500 |
Grants and other assistance to domestic individuals. | $94,000 |
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 | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $142,491 |
Advertising and promotion | $0 |
Office expenses | $695 |
Information technology | $630 |
Royalties | $0 |
Occupancy | $0 |
Travel | $8,513 |
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 | $0 |
Insurance | $4,702 |
All other expenses | $0 |
Total functional expenses | $288,456 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $20,858 |
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 | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $20,858 |
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 | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $20,858 |
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 | $20,858 |