Organization For Tropical Studies Inc
- Assets
- $14.3m
- Revenue
- $4.5m
- Investments
- $3.2m
- Employees
- 7
- Location
- Durham, NC
- Founding
- 06/1999
- Data as of
- 06/2022
- EIN
- 56-2125831
Organization Overview
Organization For Tropical Studies Inc is located in Durham, NC. The organization was established in 1999. According to its NTEE Classification (Q05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 06/2022, Organization For Tropical Studies Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Organization For Tropical Studies 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 06/2022, Organization For Tropical Studies Inc generated $4.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.1%) each year. All expenses for the organization totaled $4.9m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (7.2%) per year over the past 7 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FIELD STATIONS: THE ORGANIZATION OPERATES THREE BIOLOGICAL FIELD STATIONS IN DIVERSE ECOLOGICAL ZONES OF COSTA RICA (LA SELVA, LAS CRUCES, AND PALO VERDE) AND ONE IN KRUGER NATIONAL PARK, SOUTH AFRICA. THESE FIELD STATIONS ARE MAINTAINED TO FACILITATE BIOLOGICAL RESEARCH AND TO CONDUCT EDUCATIONAL PROGRAMS.
FACILITATED RESEARCH AND CONSERVATION: THE ORGANIZATION RECEIVES GRANTS AND CONTRACTS TO SUPPORT SCIENTIFIC RESEARCH AT ITS FIELD STATIONS AND CONSERVATION PROJECTS AT, AND IN THE VICINITY OF, ITS FIELD STATIONS.
EDUCATIONAL PROGRAMS: THE ORGANIZATION CONDUCTS A NUMBER OF EDUCATIONAL PROGRAMS, INCLUDING GRADUATE COURSES FOR ACADEMIC CREDIT AND UNDERGRADUATE SEMESTER- ABROAD PROGRAMS FOR ACADEMIC CREDIT. THE ORGANIZATION HAS OFFERED MID-CAREER PROFESSIONAL TRAINING FOR U.S. AND LATIN AMERICAN OFFICIALS AND POLICY- MAKERS, SHORT EXCURSIONS LED BY SCIENTISTS FOR MEMBERS OF THE PUBLIC IN COSTA RICA, AND PROGRAMS FOR PRIMARY AND SECONDARY SCHOOL TEACHERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Boyle VP Development | 40 | $129,006 | |
Miguel Mendez CFO | Officer | 40 | $83,077 |
George Middendorf III Chairperson | OfficerTrustee | 2 | $0 |
Alvaro Umana Treasurer | OfficerTrustee | 1 | $0 |
Chelsea Ward Secretary | OfficerTrustee | 1 | $0 |
Elizabeth Braker President And CEO | OfficerTrustee | 12 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $970,776 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,360,070 |
| Noncash contributions included in lines 1a–1f | $77,924 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,330,846 |
| Total Program Service Revenue | $1,990,947 |
| Investment income | $196,564 |
| 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 | $4,521,186 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $265,847 |
| Grants and other assistance to Foreign Orgs/Individuals | $52,604 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $93,318 |
| Compensation of current officers, directors, key employees. | $93,318 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,609,162 |
| Pension plan accruals and contributions | $10,470 |
| Other employee benefits | $507,121 |
| Payroll taxes | $37,164 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,261 |
| Fees for services: Accounting | $51,141 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $30,721 |
| Fees for services: Other | $490,509 |
| Advertising and promotion | $13,836 |
| Office expenses | $95,546 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $96,579 |
| Travel | $650,485 |
| 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 | $238,704 |
| Insurance | $74,452 |
| All other expenses | $79,614 |
| Total functional expenses | $4,875,291 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $351,352 |
| Savings and temporary cash investments | $106,410 |
| Pledges and grants receivable | $208,376 |
| Accounts receivable, net | $302,557 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $33,349 |
| Prepaid expenses and deferred charges | $53,984 |
| Net Land, buildings, and equipment | $2,844,498 |
| Investments—publicly traded securities | $6,288,386 |
| Investments—other securities | $3,181,564 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $939,969 |
| Total assets | $14,310,445 |
| Accounts payable and accrued expenses | $406,231 |
| Grants payable | $0 |
| Deferred revenue | $389,628 |
| 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 | $5,374 |
| Total liabilities | $801,233 |
| Net assets without donor restrictions | $3,684,182 |
| Net assets with donor restrictions | $9,825,030 |
| 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 | $14,310,445 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Organization For Tropical Studies Inc has recieved totaling $228,016.
| Awarding Organization | Amount |
|---|---|
Ruggles Family Foudation Garden City, NY PURPOSE: GENERAL PURPOSE | $85,000 |
G Unger Vetlesen Foundation New York, NY PURPOSE: GENERAL PURPOSES | $50,000 |
American Endowment Foundation Hudson, OH PURPOSE: EDUCATIONAL | $50,000 |
Towards Sustainability Foundation Boston, MA PURPOSE: VIVERO DE LA CULTURA PROGRAM | $15,000 |
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $10,933 |
Maxwell Hanrahan Foundation Portola Valley, CA PURPOSE: TO SUPPORT AN INTERNSHIP IN THE URBAN TROPICS | $10,000 |
Endowment Analysis
| Beg. Balance | $13,537,381 |
| Earnings | -$2,832,809 |
| Other Expense | $139,114 |
| Grants | $859,225 |
| Ending Balance | $9,706,233 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Organization For Tropical Studies Inc Durham, NC | $14,310,445 | $4,521,186 |
Advance Democracy Inc Mclean, VA | $4,133,329 | $4,369,925 |
William Novick Global Cardiac Alliance Inc Memphis, TN | $824,039 | $872,939 |
Association For Diplomatic Studies & Training Arlington, VA | $1,226,815 | $1,186,094 |
Global Health Council Inc Alexandria, VA | $2,175,090 | $1,943,991 |
Global Development Network Inc Arlington, VA | $586,685 | $373,850 |
Political And Economic Research Council Durham, NC | $102,140 | $496,259 |
World Affairs Council Of Charlotte Charlotte, NC | $1,061,608 | $410,924 |
Center For The Study Of Islam And Democracy Inc Arlington, VA | $162,123 | $386,655 |
Korea Defense Veterans Association Gainesville, VA | $169,628 | $435,746 |
Robert M Gates Global Policy Center Newington, VA | $131,871 | $374,292 |
Lumen Inc Annandale, VA | $207,713 | $238,821 |