Pacific Blue Foundation
- Assets
- $443.2k
- Revenue
- $467.2k
- Investments
- $0.0
- Employees
- 0
- Location
- La Jolla, CA
- Founding
- 10/2005
- Data as of
- 12/2021
- EIN
- 56-2476116
Organization Overview
Pacific Blue Foundation is located in La Jolla, CA. The organization was established in 2005. According to its NTEE Classification (C05) the organization is classified as: Research Institutes & Public Policy Analysis, 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. Pacific Blue Foundation 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, Pacific Blue Foundation generated $467.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.3% each year. All expenses for the organization totaled $212.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
PACIFIC BLUE FOUNDATION PROVIDES BASIC RESEARCH, EDUCATION, ENCOURAGEMENT AND DISSEMINATION OF SUSTAINABLE TECHNOLOGIES AND INDUSTRIES IN THE REGION OF THE ISLAND NATIONS OF THE SOUTH PACIFIC WITH THE ULTIMATE GOAL OF PRESERVING AND PROMOTING THE BIOLOGICAL AND CULTURAL DIVERSITY OF THE REGION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel G Mcnamara Secretary/director | 0.1 | $0 | |
Brian G Mitchell President/director | 0.25 | $0 | |
Michael K Mitchell Cfo/director | 0.1 | $0 | |
Charles R Booth Director | 0.1 | $0 | |
Richard Murphy PHD Director | 0.1 | $0 | |
Mark D Mitchell Director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $467,205 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $467,205 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $8,055 |
| Depreciation | $0 |
| Occupancy | $9,226 |
| Travel, conferences, and meetings | $4,699 |
| Printing and publications | $0 |
| Other expenses | $166,603 |
| Total operating and administrative expenses | $192,065 |
| Contributions, gifts, grants paid | $20,000 |
| Total expenses and disbursements | $212,065 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $443,168 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $443,168 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Pacific Blue Foundation has awarded $5,602 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
THE UNIVERSITY OF THE SOUTH PACIFIC PURPOSE: EDUCATION GRANT | $4,759 |
FIJI NATIONAL UNIVERSITY PURPOSE: EDUCATION GRANT | $843 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Pacific Blue Foundation has recieved totaling $75,000.
| Awarding Organization | Amount |
|---|---|
Greater Houston Community Foundation Houston, TX PURPOSE: ENVIRONMENTAL | $75,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Social And Environmental Entrepreneurs Inc Calabasas, CA | $72,257,346 | $73,216,227 |
Bay Area Environmental Research Institute Moffett Field, CA | $1,225,608 | $21,976,511 |
Climate Policy Initiative Inc San Francisco, CA | $26,425,515 | $14,303,055 |
San Francisco Estuary Institute Richmond, CA | $18,526,189 | $12,355,424 |
Amazon Watch Oakland, CA | $7,503,411 | $6,232,655 |
New Buildings Institute Inc Portland, OR | $4,008,688 | $6,167,404 |
Institute For Applied Ecology Corvallis, OR | $3,326,897 | $4,624,176 |
Earth Genome Los Altos, CA | $6,421,238 | $8,220,439 |
Green Electronics Council Portland, OR | $5,076,747 | $3,858,996 |
Apparel Impact Institute Oakland, CA | $1,757,136 | $2,682,331 |
Hydrologic Research Center San Diego, CA | $1,964,474 | $2,134,880 |
California Foundation On The Environment And The Economy Sacramento, CA | $3,483,817 | $2,614,586 |