Reef Relief Inc
- Assets
- $376.3k
- Revenue
- $400.0k
- Investments
- $0.0
- Employees
- 4
- Location
- Key West, FL
- Founding
- 08/1988
- Data as of
- 06/2022
- EIN
- 59-2696402
Organization Overview
Reef Relief Inc is located in Key West, FL. The organization was established in 1988. 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. As of 06/2022, Reef Relief Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Reef Relief 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 06/2022, Reef Relief Inc generated $400.0k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.6% each year . All expenses for the organization totaled $256.1k during the year ending 06/2022. While expenses have increased by 4.0% per year over the past 8 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
REEF RELIEF IS A NONPROFIT MEMBERSHIP ORGANIZATION DEDICATED TO IMPROVING AND PROTECTING OUR CORAL REEF ECOSYSTEM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CORAL REEF CONSERVATION - RESEARCH, DOCUMENTATION, AND TREATMENT OF QUALITY OCEAN WATERS, INCLUDING PUBLIC EDUCATION REGARDING REEF AND OCEAN WATER ISSUES.
CORAL REEF CONSERVATION - RESEARCH, DOCUMENTATION, AND TREATMENT OF QUALITY OCEASN WATERS, INCLUDING PUBLIC EDUCATION REGARDING REEF AND OCEAN WATER ISSUES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Millard Mccleary IV Executive Di | OfficerTrustee | 0.5 | $71,726 |
Bob Cardenas Director | OfficerTrustee | 0.5 | $0 |
Tricia Coyne President | Trustee | 0.5 | $0 |
Jeff Graves Board Member | Trustee | 0.5 | $0 |
Maggie Howes Board Member | Trustee | 0.5 | $0 |
Kevin Keeley Board Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $341,296 |
| 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 | -$1,462 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $400,045 |
| Statement of Expenses | |
|---|---|
| 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. | $71,726 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $104,270 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $10,655 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,182 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $435 |
| Office expenses | $9,441 |
| Information technology | $10,829 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,111 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,454 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $978 |
| Insurance | $628 |
| All other expenses | $0 |
| Total functional expenses | $256,082 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $369,996 |
| 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 | $4,383 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $376,273 |
| 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 | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $376,273 |