Secore International Inc is located in Hillard, OH. The organization was established in 2016. According to its NTEE Classification (C30) the organization is classified as: Natural Resources Conservation & Protection, under the broad grouping of Environment and related organizations. As of 12/2022, Secore International Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Secore International 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 12/2022, Secore International Inc generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.4% each year . All expenses for the organization totaled $1.6m during the year ending 12/2022. 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
CREATING AND SHARING THE TOOLS AND TECHNOLOGIES TO SUSTAINABLY RESTORE CORAL REEFS WORLDWIDE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
USING A GLOBAL NETWORK OF PARTNERS, SCIENTISTS, AND STAKEHOLDERS, SECORE TRANSLATES SCIENTIFIC FINDINGS OF BREEDING CORALS INTO LARGE SCALE INNOVATAVE TACHNIQUES, TAINS LOCAL PARTNERS IN ON-SITE METHODS, AND PROMOTOES CORAL REEF RESILIENCY THROUGH INCREASED GENETIC DIVERSITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dr Dirk Petersen Executive Director | Trustee | 40 | $107,923 |
Fernando Bretos Secretary | OfficerTrustee | 1 | $0 |
Brian Dudley Treasurer | OfficerTrustee | 1 | $0 |
Michelle Galligan Chair | Trustee | 1 | $0 |
Stphanie Stone Board Member | Trustee | 1 | $0 |
Dr Craig Dahlgren Board Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $14,635 |
All other contributions, gifts, grants, and similar amounts not included above | $1,839,400 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,854,035 |
Total Program Service Revenue | $24,674 |
Investment income | $1,655 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $33,723 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,914,161 |
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 | $100,213 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $107,922 |
Compensation of current officers, directors, key employees. | $64,848 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $495,248 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $32,743 |
Payroll taxes | $58,364 |
Fees for services: Management | $18,238 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $19,664 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $1,221 |
Fees for services: Other | $402,012 |
Advertising and promotion | $865 |
Office expenses | $129,547 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $6,342 |
Travel | $178,693 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $13,815 |
Interest | $272 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $18,840 |
Insurance | $31,586 |
All other expenses | $727 |
Total functional expenses | $1,625,760 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $309,707 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $68,374 |
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 | $28,751 |
Net Land, buildings, and equipment | $123,358 |
Investments—publicly traded securities | $204,577 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $734,767 |
Accounts payable and accrued expenses | $7,249 |
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 | $7,249 |
Net assets without donor restrictions | $727,518 |
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 | $734,767 |