Coral World Ocean And Reef Initiative Inc, operating under the name Cwori, is located in St Thomas, VI. 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. Cwori 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, Cwori generated $379.7k in total revenue.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
CONSERVATION, ENVIRONMENTAL EDUCATION, CORAL RESCUE AND RESTORATION, RESEARCH AND REHABILIATION OF MARINE ANIMALS AND BIRDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONSERVATION, ENVIRONMENTAL EDUCATION, CORAL RESCUE AND RESTORATION, RESEARCH AND REHABILIATION OF MARINE ANIMALS AND BIRDS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gertrude J Prior Vice-Chairman Treasurer Dir | OfficerTrustee | 6 | $0 |
Robert L Keller President Director | OfficerTrustee | 10 | $0 |
Cornelius B Prior Chairman Secretary Director | OfficerTrustee | 2 | $0 |
John H Sterne Jr Director | Trustee | 4 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $260,000 |
All other contributions, gifts, grants, and similar amounts not included above | $119,670 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $379,670 |
Total Program Service Revenue | $0 |
Investment income | $24 |
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 | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $379,694 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $60,000 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $6,395 |
Fees for services: Accounting | $2,500 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $10,579 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,478 |
Insurance | $25,476 |
All other expenses | $17,404 |
Total functional expenses | $261,942 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $184,688 |
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 | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $129,922 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $314,610 |
Accounts payable and accrued expenses | $76,299 |
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 | $76,299 |
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 |
Retained earnings, endowment, accumulated income, or other funds | $238,311 |
Total liabilities and net assets/fund balances | $314,610 |
Over the last fiscal year, we have identified 3 grants that Coral World Ocean And Reef Initiative Inc has recieved totaling $114,008.
Awarding Organization | Amount |
---|---|
Community Foundation Of The Virgin Islands Inc St Thomas, VI PURPOSE: ENVIRONMENTAL | $74,000 |
Prior Family Foundation St Thomas, VI PURPOSE: ENVIRON & EDUC FUND | $40,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $8 |
Organization Name | Assets | Revenue |
---|---|---|
The University Of The Virgin Islands Charlotte Amalie, VI | $186,155,047 | $106,386,853 |
Frederiksted Health Care Inc St Croix, VI | $21,462,956 | $20,093,262 |
St Thomas East End Medical Center Corporation St Thomas, VI | $1,996,505 | $9,089,421 |