Reef Environmental Education Foundation Incorporated
- Assets
- $2.6m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 9
- Location
- Key Largo, FL
- Founding
- 03/1992
- Data as of
- 12/2021
- EIN
- 65-0270064
Organization Overview
Reef Environmental Education Foundation Incorporated is located in Key Largo, FL. The organization was established in 1992. According to its NTEE Classification (N11) the organization is classified as: Single Organization Support, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Reef Environmental Education Foundation Incorporated employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Reef Environmental Education Foundation Incorporated 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, Reef Environmental Education Foundation Incorporated generated $1.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $1.2m during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
REEF ENVIRONMENTAL EDUCATION FOUNDATION (REEF) WAS ESTABLISHED AS A NONPROFIT ORGANIZATION IN 1990. REEF CONSERVES MARINE ENVIRONMENTS WORLDWIDE. OUR MISSION IS TO PROTECT BIODIVERSITY AND OCEAN LIFE BY ACTIVELY ENGAGING AND INSPIRING THE PUBLIC THROUGH CITIZEN SCIENCE, EDUCATION, AND PARTNERSHIPS WITH THE SCIENTIFIC COMMUNITY. REEF CONNECTS OCEAN ENTHUSIASTS AND THE DIVE COMMUNITY WITH SCIENTISTS AND RESOURCE MANAGERS THROUGH DATA COLLECTION ACTIVITIES AND EDUCATION INITIATIVES. THE REEF CAMPUS IN KEY LARGO, FL SERVES AS A VISITORS CENTER FOR EDUCATION AND OUTREACH TO THE PUBLIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2020, REEF CONTINUED TO PROTECT MARINE ENVIRONMENTS THROUGH EDUCATION, SERVICE AND RESEARCH. REEF PROVIDES EDUCATION AND OUTREACH ACTIVITIES TO BUILD AND INSPIRE A COMMUNITY OF OCEAN STEWARDS. THE REEF CAMPUS IN KEY LARGO FL SERVES AS A VISITORS CENTER TO EDUCATE AND ENGAGE THE PUBLIC WITH MARINE CONSERVATION. WE ALSO CONDUCT ONLINE PROGRAMMING SUCH AS WEBINARS AND OTHER INTERACTIVE CONTENT. WE CONDUCT IN-PERSON PROGRAMMING LED BY REEF STAFF AS WELL AS THE WIDE NETWORK OF PARTNERS INCLUDING DIVE SHOPS AND CLUBS, NATURE CENTERS, AND PUBLIC AQUARIA. PUBLIC ENGAGEMENT WITH CONSERVATION IS ALSO FULFILLED THROUGH THE VOLUNTEER FISH SURVEY PROJECT, REGARDED AS ONE OF THE MOST EFFECTIVE AND POWERFUL OCEAN CITIZEN SCIENCE PROGRAMS. IT GIVES DIVERS AND SNORKELERS AN ENGAGING AND MEANINGFUL WAY TO SUPPORT MARINE CONSERVATION. PARTICIPANTS SCUBA DIVE AND SNORKEL TO COLLECT AND REPORT INFORMATION ON MARINE FISH POPULATIONS AS WELL AS SEA TURTLES AND SELECT INVERTEBRATE AND ALGAE SPECIES. THIS DATA IS USED TO BETTER UNDERSTAND AND PROTECT OCEAN ECOSYSTEMS WORLDWIDE. FISHERIES PROTECTIONS AROUND THE WORLD DEPEND ON HIGH-QUALITY DATA. WITH REEF DATA, SUBMITTED BY CITIZEN SCIENTISTS, RESEARCHERS ARE MAKING EXCITING DISCOVERIES ABOUT MARINE ECOSYSTEMS, AND POLICYMAKERS HAVE MORE INFORMATION TO REFINE CONSERVATION EFFORTS. VOLUNTEERS COLLECT AND SUBMIT DATA ON MARINE LIFE SIGHTINGS. IT HAS GENERATED THE LARGEST MARINE LIFE SIGHTINGS DATABASE, AN UNPARALLELED SOURCE OF INFORMATION THAT PROVIDES INVALUABLE INSIGHT INTO THE HEALTH, STATUS, AND THREATS OF OCEAN HABITATS AND ANIMALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anna Deloach President | OfficerTrustee | 2 | $0 |
Mary Mccombie PHD Secretary | OfficerTrustee | 2 | $0 |
James P Dalle Pazze ESQ Treasurer | Officer | 2 | $0 |
Marta Hilton Bonatz Trustee | Trustee | 2 | $0 |
Alex Brylske Trustee | Trustee | 2 | $0 |
Janet Camp Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $672,125 |
| All other contributions, gifts, grants, and similar amounts not included above | $718,807 |
| Noncash contributions included in lines 1a–1f | $13,056 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,390,932 |
| Total Program Service Revenue | $472,147 |
| Investment income | $0 |
| 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 | $37,136 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,900,215 |
| 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 | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $471,903 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $38,498 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $789 |
| Fees for services: Accounting | $15,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $20,560 |
| Office expenses | $53,368 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $23,588 |
| Travel | $0 |
| 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 | $22,853 |
| Insurance | $25,477 |
| All other expenses | $40,784 |
| Total functional expenses | $1,207,986 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $606,853 |
| Savings and temporary cash investments | $1,020,042 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $403,496 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $53,665 |
| Prepaid expenses and deferred charges | $6,952 |
| Net Land, buildings, and equipment | $526,816 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,750 |
| Total assets | $2,620,574 |
| Accounts payable and accrued expenses | $177,427 |
| Grants payable | $0 |
| Deferred revenue | $489,878 |
| 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 | $0 |
| Total liabilities | $667,305 |
| Net assets without donor restrictions | $1,325,410 |
| Net assets with donor restrictions | $627,859 |
| 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 | $2,620,574 |
Grants Recieved
Over the last fiscal year, we have identified 11 grants that Reef Environmental Education Foundation Incorporated has recieved totaling $118,108.
| Awarding Organization | Amount |
|---|---|
Argus Fund Fort Washington, PA PURPOSE: GENERAL CHARITABLE PURPOSE | $36,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $24,925 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $16,842 |
Pelton Charitable Foundation Inc Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $11,000 |
Ocean Reef Conservation Association Inc Key Largo, FL | | $10,000 |
Community Foundation Of New Jersey Morristown, NJ PURPOSE: GENERAL SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Lpga Foundation Daytona Beach, FL | $9,352,661 | $8,926,297 |
American Junior Golf Foundation Inc Braselton, GA | $19,641,772 | $5,413,953 |
First Tee Of Atlanta Inc Atlanta, GA | $2,807,006 | $1,612,147 |
First Tee Of North Flordia Inc Saint Augustine, FL | $828,458 | $1,796,626 |
Alabama Shakespeare Festival Endowment Tr Montgomery, AL | $55,944,765 | $702,964 |
Atlanta Classic Foundation Inc Duluth, GA | $0 | $0 |
Reef Environmental Education Foundation Incorporated Key Largo, FL | $2,620,574 | $1,900,215 |
Special Olympics Florida Foundation Inc Clermont, FL | $9,976,679 | $223,527 |
Titan Club Inc Bogart, GA | $239,502 | $787,104 |
Friends Of Carrollwood Cultural Center Inc Tampa, FL | $7,203 | $802,379 |
Atlanta Memorial Park Conservancy Inc Atlanta, GA | $447,516 | $641,677 |
Uwg Athletic Foundation Inc Carrollton, GA | $1,342,635 | $930,738 |