Plant A Million Corals Foundation Inc

Organization Overview

Plant A Million Corals Foundation Inc is located in Summerland Key, FL. 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 12/2022, Plant A Million Corals Foundation Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Plant A Million Corals Foundation 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, Plant A Million Corals Foundation Inc generated $702.4k in total revenue. All expenses for the organization totaled $505.4k during the year ending 12/2022. While expenses have increased by 73.7% per year over the past 4 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO TURN THE TIDE OF OUR OCEANS BY SAVING OUR CORAL REEFS THROUGH RESTORATION, TECHOLOGY, DEMONSTRATION, TRAINING EDUCATION AND OUTREACH AND TO PROVIDE A PLATFORM FOR SUPPORTERS TO CARRY OUT OUR MISSION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

LOOKOUT FOUNDATION:TOTAL GRANT RECEIVED FOR PROJECT SO FAR IS $150,000 IN 2021 $100,00 AND $50,000 IN 2022. THERE WERE NO REVENUES GENERATED FROM THE PROJECT IN 2022. CONTINUED WITH THE DEVELOPMENT OF A LAND BASED NURSERY ON SUMMERLAND KEY, FL. THE PRIMARY PURPOSE OF THE NURSERY WILL BE TO DEMOSTRATE THE ABILITY TO PRODUCE CORALS FOR OUT PLANTING IN A LARGE SCALE SYSTEM. CURRENTLY THERE ARE NO LARGE SCALE SYSTEMS BEING USED FOR DEMONSTRATION THAT WILL THE LARGER PRODUCTION OF CORAL IS NEEDED IF WE ARE GOING TO SAVE OUR REEFS. THE INFRASTRUCTURE HAS BEEN STARTED WITH THE ENTIRE SYSTEM HAS BEEN BUILT TOTALLY OFF GRID WITH PUMPS AND THE ENTIRE SYSTEM BEING RUN ON SOLAR POWER. THE SYSTEM HAS BEEN DESIGNED SO THAT THERE IS NO NEED FOR WATER FROM THE CITY. THIS WILL CHANE AS WE GROW. SOME PUBLIC EDUCATION HAS BEEN DEVELOPED AND SOME SSHOOLS HAVE VISITED BOTH IN PERSON AND VIRTUALLY. VOLUNTEER EDUCATORS HAVE BEEN IDENTIFIED TO HELP WITH DEVELOPING AND EDUCATION PLAN. COARLS HAVE BEEN PLACE IN THE SYSTEM SO THEY CAN GROW LARGE ENOUGH FOR MICRO-GRAGMENTATION. WE HAVE MET WITH THE DONORS AND LOOK FORWARD TO CONTINUED SUPPORT.


CORAL GARDNERS:$80,000, IN 2022 $60,000 RECIEVED, $20,000 TO BE RECIEVED IN 2023 AFTER THE SYSTEM IS DELIVERED. THE DESIGN AND IMPLEMENTATION OF A COARL RESTORATION UNIT (CRU) ATARTED IN A 20FT. CONTAINER. ALL THE EQUIPMENT FOR THE UNIT TO BE TRANSPORTED AND SET UP IN MOOREA CONTINUED THROUGHOUT THE YEAR. ALL PUMPS AND PIPING WERE INSTALLED IN THE CRU SO WHEN IT ARRIVED IN MOOREA IT COULD BE SET UP IN 2WEEKS AND HAVE WATGER FLOWING AND CORALS BEING MICRO-FRAGMENTED. THOURGHOUT THE PROCESS CONTINUED CONVERSATIONS ALLOWED THE SYSTEM TO BE ADJUSTED FOR THEIR NEEDS. THE CRU WAS DESIGNED TO PRODUCE SOMEWHERE BETWEEN 10,000 AND 20,000. DELIVERY IS SCHEDULED FOR 2023.


RIVER BRANCH FOUNDATION: TOTAL GRANT RECEIVED FOR THE PROJECT SO FAR IS $300,000 IN 2021 AND $150,000 IN 2022. THERE WERE NO REVENUES GENERATED FROM THE PROJECT IN 2022. THE CONTINUED SUPPORT OF BUILDING THE INFRASTRUCTURE FOR THE FARM ON SUMMERLAND KEY IS PROGRESSING. THE CLASSROMM IS BEING OUTFITTED WITH MORE EQUIPMENT AND SET UP FOR OFFICE SPANCE. THE SPACE HAS SUCCESSFULLY BEEN USED FOR VOLUNTEER TRAINING AND SEVERAL PUBLIC EVENTS TO INTRODUCE THE PROJECT TO THE PUBLIC. A SOALR PUMP SYSTEM FOR AIR AND WATER HAS BEEN INSTALLED AND IS SUPPORTING THE SYSTEM. THE EDUCATION PROGRAM CONTINUES TO BE DEVELOPED AND SEVERAL VOLUNTEERS HAVE BEEN IDENTIFIED TO HELP WITH THE PROGRAM. THE GRANT ALSO PROVIDED SUPPORT FOR THE PAMCF PERSONNEL.


SCHMIDT 2022-2024. THE TOTAL GRANT IS $300,000 IN 2022 $150,000 HAS BEEN RECIEVED AND THE REMAINING $150,000 WILL BE RECEIVED IN 2023. THE ONLY REVENUE GENERATED WAS $7,200 IN WORKSHOP TUITION. THE ACRYLIC TANKDESIGN WAS CONINUALLY IMPROVED ON IN 2022. THE DESIGN FACILITATES THE CAPTURE OF WATER BUBBLES SO THE CORAL IN THE TANK ARE EASILY VIEWED WITHOUT THE DISTURBANCE OF THE SURFACE. A TRAINING PROGRAM WAS HELD AT THE BOY SCOUT CAMP. THERE WERE 6 PAYING STUDENTS ALONG WITH ANOTHER 6 SCHOLARSHIP STUDENTS. THE ONCE A WEEK TRAINING WITH THE HIGH ADVENTURE BOY SCOUT CAMP LOCATED ON SUMMERLAND KEY REACHING NEARLY 250 STEM STUDENTS. THE CONTINUED EVELOPMENT OF OUR SCALE PRODUCTION FARM WAS SUPPORTED AS WELL BY THE SCHMIDT GRANT.


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)Compensation
David E Vaughan
President & CEO
$119,583
Dee D Vaughan
Secretary
$47,069
Donna Vaughan
Vice President
$34,532
Shirley Pomponi
Director
$0
Bill Robertson
Director
$0
Mark Herschberg
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$31,145
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$670,025
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$701,170
Total Program Service Revenue$1,200
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 $0
Miscellaneous Revenue$0
Total Revenue $702,370

Peer Organizations

Organization NameAssets
The Barn Group Land Trust Inc
Brooks, GA
$60,925,490
Friends Of Macarthur Beach State Park Inc
North Palm Beach, FL
$807,785
Freshwater Land Trust
Birmingham, AL
$2,227,521
Biscayne Bay Waterkeeper Inc
Coral Gables, FL
$3,769,732
Chattahoochee Riverkeeper Inc
Smyrna, GA
$2,417,632
Ocean Research & Conservation Association Inc
Vero Beach, FL
$2,827,426
Captains For Clean Water Inc
Fort Myers, FL
$3,529,139
Wildlands Conservation Inc
Tampa, FL
$1,249,286
Georgia River Network Inc
Athens, GA
$1,348,964
Center For Rural Enterprise And Environmental Justice
Madison, AL
$1,610,927
Jacksonville Maritime Association Inc
Jacksonville, FL
$918,842
Georgia Water And Wastewater Institute Inc
Marietta, GA
$1,129,380
Florida Stormwater Association Inc
Tallahassee, FL
$805,386
Healthy Aquatics Marine Institute Of Florida Inc
West Palm Beach, FL
$1,060,939
Benevolent & Protective Order Of Elks Of The Usa
Lakeland, FL
$607,072
Apalachicola Bay And River Keeper Inc
Apalachicola, FL
$699,044
Marine Resources Council Of East Florida Inc
Palm Bay, FL
$339,865
Ogeechee-Canoochee Riverkeeper
Savannah, GA
$561,199
Florida Water Environment Association Inc
Orlando, FL
$694,044
Benevolent & Protective Order Of Elks Of The Usa
Gulf Breeze, FL
$666,609
Coosa Riverkeeper
Birmingham, AL
$489,316
Flint Riverkeeper Inc
Albany, GA
$428,815
Reef Renewal Usa Inc
Tampa, FL
$713,982
Plant A Million Corals Foundation Inc
Summerland Key, FL
$702,370
Lake Lanier Association Inc
Gainesville, GA
$346,678

Create an account to unlock the data you need.

or