Shipwreck Park Inc is located in Pompano Beach, FL. The organization was established in 2015. According to its NTEE Classification (C50) the organization is classified as: Environmental Beautification, 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. Shipwreck Park 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 09/2023, Shipwreck Park Inc generated $14.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (21.9%) each year. All expenses for the organization totaled $59.6k during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE SHIPWRECK PARK"S PRINCIPAL MISSION INVOLVES THE CREATION OF AN UNDERWATER PARK SYSTEM BY ESTABLISHING ARTIFICIAL REEFS, UTILIZING PUBLIC ART TO RAISE AWARENESS OF THE NEED TO PRESERVE AND CONSERVE OUR NATURAL CORAL REEF SYSTEMS
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION PROGRAM SERVICES WERE ACCOMPLISHED WITH THE GRAND OPENING OF THE NEWLY CONSTRUCTED PIER, WHICH IS PART OF THE DEVELOPMENT OF THE UNDERWATER OFFSHORE ARTIFICIAL REEFS STRUCTURE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Rob Wyre Chairman | 20 | $0 | |
Brian Donovan Vice Chairman | 1 | $0 | |
Ric Green Director | 1 | $0 | |
Jay Underkofler Director | 1 | $0 | |
Tommy Digiorgio Director | 4 | $0 | |
Suzette Sibble Treasurer | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $13,887 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $135 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $14,022 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $880 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $124 |
Other expenses | $58,630 |
Total expenses | $59,634 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $116,969 |
Other assets | $0 |
Total assets | $116,969 |
Total liabilities | $0 |
Net assets or fund balances | $116,969 |