The Coral Reef Alliance
- Assets
- $3.7m
- Revenue
- $3.9m
- Investments
- $0.0
- Employees
- 24
- Location
- San Francisco, CA
- Founding
- 12/1994
- Data as of
- 06/2023
- EIN
- 94-3211245
Organization Overview
The Coral Reef Alliance is located in San Francisco, CA. The organization was established in 1994. 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 06/2023, Coral Reef Alliance employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Coral Reef Alliance 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 06/2023, Coral Reef Alliance generated $3.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $4.3m during the year ending 06/2023. While expenses have increased by 7.0% per year over the past 8 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SAVING THE WORLD'S CORAL REEFS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WESTERN CARIBBEAN:CORAL IS LEADER IN CORAL REEF CONSERVATION AND SCIENCE IN THE WESTERN CARIBBEAN. THE BIGGEST THREATS IN THE REGION INCLUDE OVERFISHING AND WASTEWATER POLLUTION, AND SO WE FOCUS OUR PROJECTS ON STUDYING THESE ISSUES AND THE IMPLEMENTATION OF SCALABLE SOLUTIONS TO ENSURE THAT THE MESOAMERICAN REEF WITHSTANDS THE IMPACTS OF CLIMATE CHANGE. OUR EFFORTS ARE SUCCESSFUL BECAUSE WE BELIEVE IN DATA-DRIVEN DECISION MAKING, BUILDING CAPACITY OF COMMUNITIES, AND CREATING RESILIENT ECOSYSTEMS.
HAWAIIAN ISLANDS:CORAL HAS A COMPREHENSIVE APPROACH TO CORAL REEF PROTECTION IN HAWAII THAT INCLUDES A FOCUS ON LAND-BASED POLLUTION, INCLUDING SEWAGE AND SEDIMENT, AS WELL AS ENSURING COMMUNITIES HAVE SUSTAINABLE FISHING PRACTICES AND RESOURCES THEY NEED TO MANAGE THESE IMPORTANT ECOSYSTEMS. WE ARE DEEPLY COMMITTED TO UNDERSTANDING WATER QUALITY ISSUES FACING CORAL REEFS AND DRIVING SOLUTIONS TO ENSURE THAT OVER 80,000 HOMES IN HAWAII HAVE EFFECTIVE WASTEWATER TREATMENT IN ORDER TO PROTECT THE HAWAIIAN CORAL REEFS.(CONTD. ON SCHEDULE O)MEASURABLE IMPROVEMENT IN WATER QUALITY, REDUCTION IN SEDIMENT AND SEWAGE SMOTHERING CORAL REEFS, POLICY CHANGE, RESEARCH PUBLICATIONS TO INFORM STRATEGIES, ADAPTATION PRIORITIZED IN PLANNING, MONITORING KEY INDICATORS OF REEF HEALTH.
GLOBAL CONSERVATION SCIENCE PROGRAMCORAL'S GLOBAL CONSERVATION PROGRAM IS INFLUENCING AND LEVERAGING PARTNERS, FIELD WORK, AND TECHNOLOGY TO DRIVE CONSERVATION SOLUTIONS THAT WILL RESCUE CORAL REEFS FROM THE IMPACTS OF CLIMATE CHANGE. OUR RESEARCH HAS PROVEN THAT CORAL REEFS CAN ADAPT AND WE NEED TO WORK QUICKLY TO STRENGTHEN LOCAL CAPACITY FOR RESEARCH, MANAGEMENT AND POLICY IN AREAS WITH HIGH CORAL BIODIVERSITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kirby Ryan Board Chair | OfficerTrustee | 2 | $0 |
Michael Bennett Vice Chair | OfficerTrustee | 1 | $0 |
Robert Watt Treasurer | OfficerTrustee | 1.5 | $0 |
Adam Tratt Secretary | OfficerTrustee | 1 | $0 |
Lauretta Burke Director | Trustee | 1 | $0 |
Jeff Chanin Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Tipu Tipu Research & Data Collection Support Restoration | 6/29/23 | $204,718 |
Arizona State University Technical Postdoctoral Fellow | 6/29/23 | $105,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $530,577 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,302,947 |
| Noncash contributions included in lines 1a–1f | $22,831 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,833,524 |
| Total Program Service Revenue | $0 |
| Investment income | $43,720 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$305 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,876,939 |
| 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 | $242,517 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $354,634 |
| Compensation of current officers, directors, key employees. | $235,767 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,759,397 |
| Pension plan accruals and contributions | $55,174 |
| Other employee benefits | $177,728 |
| Payroll taxes | $143,245 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $17,313 |
| Fees for services: Accounting | $18,110 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $718,919 |
| Advertising and promotion | $0 |
| Office expenses | $159,701 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $146,359 |
| Travel | $211,111 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $64,351 |
| Total functional expenses | $4,321,063 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $119,827 |
| Savings and temporary cash investments | $2,847,370 |
| Pledges and grants receivable | $405,078 |
| Accounts receivable, net | $201,845 |
| 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 | $29,482 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $114,200 |
| Total assets | $3,717,802 |
| Accounts payable and accrued expenses | $189,429 |
| 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 | $112,384 |
| Total liabilities | $301,813 |
| Net assets without donor restrictions | $2,011,875 |
| Net assets with donor restrictions | $1,404,114 |
| 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 | $3,717,802 |
Grants Awarded
Over the last fiscal year, The Coral Reef Alliance has awarded $517,006 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
RUTGERS THE STATE UNIVERSITY OF NEW JERSEY PURPOSE: ADAPTIVE REEFSCAPES | $420,607 |
UNIVERSITY OF WASHINGTON PURPOSE: ADAPTIVE REEFSCAPES | $89,399 |
ROATAN MARINE PARK INTERNATIONAL PURPOSE: HONDURAS | $7,000 |