Coastal Bend Bays Foundation Inc
- Assets
- $42.6k
- Revenue
- $124.4k
- Investments
- $0.0
- Employees
- 2
- Location
- Corpus Christi, TX
- Founding
- 07/1991
- Data as of
- 12/2022
- EIN
- 74-2603919
Organization Overview
Coastal Bend Bays Foundation Inc, operating under the name Coastal Bend Bays Foundation, is located in Corpus Christi, TX. The organization was established in 1991. 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, Coastal Bend Bays Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Coastal Bend Bays 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 12/2022, Coastal Bend Bays Foundation generated $124.4k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $115.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.1%) per year over the past 8 years. 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
COASTAL BEND BAYS FOUNDATION IS DEDICATED TO THE CONSERVATION OF FRESHWATER AND COASTAL NATURAL RESOURCES FOR CURRENT AND FUTURE GENERATIONS THROUGH CONSENSUS, FACILITIATION, COMMUNICATION, ADVOCACY, RESEARCH AND EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EARTH DAY BAY DAY - COASTAL BEND BAYS FOUNDATION PLANS AND ORGANIZES THE ANNUAL EARTH DAY BAY - BAY DAY EVENT TO EDUCATE THE PUBLIC ABOUT BAYS, ESTUARIES AND OTHER NATIVE HABITATS AND THE IMPORTANCE OF CLEAN AIR, WATER, AND ENVIRONMENT FOR CONSERVATIONS OF RESOURCES AND ENERGY THROUGH REDUCING, REUSING AND RECYCLING; ENCOURAGES PROTECTION OF NATIVE HABITATS SUCH AS SEAGRASSES BY PROMOTING LOW-IMPACT OUTDOOR ACTIVITIES. CBBF ALSO FACILITATES THE ACTIVE ENGAGEMENT OF VISITORS WITH LOCAL ORGANIZATIONS WHICH PROVIDE INTERACTIVE ACTIVITIES TO ABOUT 9,000 PEOPLE THAT ATTEND THE EVENT.
ENVIRONMENTAL AWARDS BANQUET - COASTAL BEND BAYS FOUNDATION PLANS THIS ANNUAL EVENT WHICH RECOGNIZES AND HONORS OUTSTANDING COASTAL BEND CITIZENS, EDUCATORS, BUSINESSES, GOVERNING BODIES AND OTHER ENTITIES THAT HAVE MADE SIGNIFICANT CONTRIBUTIONS TO EDUCATION AND PROTECTION OF THE COASTAL BEND NATURAL RESOURCES, HABITATS, NATIVE SPECIES AND ACTIVITIES INVOLVED IN CONSERVING THE BAY SYSTEM AND ITS COASTAL NATURAL RESOURCES. THIS EVENT SERVICES ABOUT 300 PEOPLE ANNUALLY WHO NETWORK AND ARE MADE AWARE OF ALL THE DIFFERENT COMMUNITY OPPORTUNITIES CBBF HAS TO OFFER THROUGHOUT THE FOLLOWING YEAR.
COASTAL ISSUES FORUM - COASTAL BEND BAYS FOUNDATION PROVIDES NINE FREE PUBLIC INFORMATIONAL COASTAL ISSUES FORUMS THAT INCREASE OPPORTUNITIES FOR REGIONAL PUBLIC EDUCATION AND OUTREACH. ABOUT 250 PEOPLE ATTEND ANNUALLY WHERE THEY NETWORK AND ARE MADE AWARE OF THE ISSUES INVOLVING THE COMMUNITY WITH THE OPPORTUNITY TO ALSO DISCUSS THEIR CONCERNS OF DIFFERENT TOPICS AT OTHER FORUMS THROUGHOUT THE YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rebecca Ayala Trustee | Trustee | 1 | $0 |
Brian Bresler Pe Trustee | Trustee | 1 | $0 |
Wallie Coley Trustee | Trustee | 1 | $0 |
Danielle Devacque Trustee | Trustee | 1 | $0 |
Isabel Garcia Trustee | Trustee | 1 | $0 |
Alan Holt Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $7,290 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $40,752 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $48,042 |
| Total Program Service Revenue | $0 |
| 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 | $72,914 |
| Net Income from Gaming Activities | $2,980 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $124,420 |
| 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 | $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 | $39,200 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $10,131 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $16,883 |
| Advertising and promotion | $1,903 |
| Office expenses | $3,314 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $5,413 |
| Travel | $25 |
| 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 | $2,093 |
| Insurance | $2,511 |
| All other expenses | $3,832 |
| Total functional expenses | $115,568 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,201 |
| 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 | $778 |
| Net Land, buildings, and equipment | $31,580 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $42,559 |
| Accounts payable and accrued expenses | $725 |
| 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 | $725 |
| Net assets without donor restrictions | $41,834 |
| 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 | $42,559 |