Organization For Artificial Reefs Inc
- Assets
- $84.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Tallahassee, FL
- Founding
- 01/1987
- Data as of
- 12/2022
- EIN
- 59-2709539
Organization Overview
Organization For Artificial Reefs Inc is located in Tallahassee, FL. The organization was established in 1987. 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. Organization For Artificial Reefs 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, Organization For Artificial Reefs Inc generated $14.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.8%) each year. All expenses for the organization totaled $2.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (16.0%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rob Buda Dive Coordinator | 5 | $0 | |
Mike Redig Director | 1 | $0 | |
Lynda Tiefel Director | 1 | $0 | |
Alan Richardson Chairman | 20 | $0 | |
Chris Peters Director | 1 | $0 | |
Mary Betz Treasurer | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,245 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $295 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $14,540 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $2,200 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $701 |
| Total expenses | $2,901 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $84,596 |
| Other assets | $0 |
| Total assets | $84,596 |
| Total liabilities | $0 |
| Net assets or fund balances | $84,596 |
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