Aqualink Inc

Organization Overview

Aqualink Inc is located in Bolinas, CA. According to its NTEE Classification (U99) the organization is classified as: Science & Technology N.E.C., under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aqualink 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 12/2021, Aqualink Inc generated $534.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (55.2%) each year. All expenses for the organization totaled $615.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE PURPOSE OF THIS FOUNDATION IS TO CREATE DATA TO BETTER FOCUS ON OCEAN CONSERVATION EFFORTS. THE FOUNDATION HAS INVESTED IN SYSTEMS AND HARDWARE TO SCALE AND IMPROVE TASKS PERFORMED BY OCEAN CONSERVATION SCIENTISTS BY ENGINEERING SOFTWARE AND HARDWARE TO MONITOR SUB-SURFACE OCEAN TEMPERATURES ACROSS THE WORLD.


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $534,099
Interest on Savings $215
Dividends & Interest $0
Net Rental Income$0
Net Gain on Sale of Assets $0
Capital Gain Net Income $502,258
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $534,314

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Aqualink Inc has recieved totaling $30,000.

Awarding OrganizationAmount
Edward Charles Foundation

Beverly Hills, CA

PURPOSE: CHARITABLE GIFT

$30,000
View Grant Recipient Profile

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