Environment & Coral Reef Conservation Foundation Inc
- Assets
- $16.3m
- Revenue
- $125.0k
- Investments
- $16.3m
- Employees
- 0
- Location
- Miami, FL
- Founding
- 10/2011
- Data as of
- 07/2024
- EIN
- 45-2905699
Organization Overview
Environment & Coral Reef Conservation Foundation Inc is located in Miami, FL. The organization was established in 2011. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Environment & Coral Reef Conservation 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 07/2024, Environment & Coral Reef Conservation Foundation Inc generated $125.0k in total revenue. All expenses for the organization totaled $171.4k during the year ending 07/2024.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Margarita E Postovit President | 20 | $114,000 | |
Ivan Hryhoryshyn Treasurer | 2 | $0 | |
Irakli Sebiskveradze Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $497,486 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$372,485 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $125,001 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $114,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $13,921 |
| Total operating and administrative expenses | $130,421 |
| Contributions, gifts, grants paid | $41,000 |
| Total expenses and disbursements | $171,421 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $16,290,818 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Environment & Coral Reef Conservation Foundation Inc has awarded $41,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
NEW PLANET FOUNDATION PURPOSE: GENERAL SUPPORT | $7,000 |
FLA ASSOCIATION OF NONPROFIT ORG PURPOSE: GENERAL SUPPORT | $1,000 |
CORALSPRINGSNATURECTR&WILDLIFEHOSP PURPOSE: GENERAL SUPPORT | $5,000 |
SAKARTVELO NATURE FOUNDATION INC PURPOSE: GENERAL SUPPORT | $28,000 |