Coastal America Foundation Inc
- Assets
- $165.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Exeter, RI
- Founding
- 04/1998
- Data as of
- 12/2023
- EIN
- 04-3408825
Organization Overview
Coastal America Foundation Inc is located in Exeter, RI. The organization was established in 1998. According to its NTEE Classification (C60) the organization is classified as: Environmental Education, 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. Coastal America 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 12/2023, Coastal America Foundation Inc generated $86.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (9.8%) each year. All expenses for the organization totaled $181.3k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (2.8%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
ENVIRONMENTAL RESTORATION AND EDUCATION
Describe the Organization's Program Activity:
Part 3
HABITAT RESTORATION PROJECTS SUCH AS WETLANDS RESTORATION AND FISH LADDERS, ETC. SPONSORED BY GRANTING FUNDS TOWARD PROJECT COSTS
THE NATIONAL GEOGRAPHIC SOCIETY/COASTAL AMERICA STUDENT OCEAN CONFERENCE AND EDUCATION OUTREACH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Jennifer Hubbard President | 2 | $0 | |
Professor William A Hubbard Treasurer | 3 | $0 | |
Ms Diane M Hubbard Clerk | 1 | $0 | |
Dr Jacqueline A Hubbard Vice President Director | 1 | $0 | |
Dr Oleg V Martinov Vice President Director | 1 | $0 | |
Dr William A Hubbard II Vice President Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $82,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $4,000 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $86,000 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $4,297 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $181,316 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $165,491 |
| Other assets | $0 |
| Total assets | $165,491 |
| Total liabilities | $0 |
| Net assets or fund balances | $165,491 |
Grants Awarded
Over the last fiscal year, Coastal America Foundation Inc has awarded $91,526 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
CENTER FOR AQUATIC SCIENCES | | | $25,000 |
NORTH & SOUTH RIVER WATERSHED | | | $25,000 |
THE WETLANDS INSTITUTE | | | $16,000 |
OCEAN COUNTY COLLEGE | | | $25,526 |