Inwater Group Research Inc
- Assets
- $197.3k
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 15
- Location
- Jensen Beach, FL
- Founding
- 02/2001
- Data as of
- 12/2021
- EIN
- 65-1090322
Organization Overview
Inwater Group Research Inc is located in Jensen Beach, FL. The organization was established in 2001. According to its NTEE Classification (U99) the organization is classified as: Science & Technology N.E.C., under the broad grouping of Science & Technology and related organizations. As of 12/2021, Inwater Group Research Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Inwater Group Research 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 12/2021, Inwater Group Research Inc generated $1.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.0% each year. All expenses for the organization totaled $891.7k during the year ending 12/2021. While expenses have increased by 5.9% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
IRG'S MISSION IS TO PROVIDE THE SCIENTIFIC COMMUNITY AND THE GENERAL PUBLIC WITH INFORMATION TO PROMOTE CONSERVATION OF COASTAL AND MARINE SPECIES AND THEIR HABITATS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IRG RECEIVES A GRANT FROM FLORIDA POWER & LIGHT CO TO RESCUE SEA TURTLES TRAPPED IN POWER PLANT COOLING CANALS. THOUSANDS OF SEA TURTLES ARE CAPTURED BY THE IRG ANNUALLY. TURTLES ARE MEASURED, WEIGHED, TAGGED AND EXAMINED FOR IMPACT DUE TO POWER PLANT OPERATIONS BEFORE THEY ARE SAFELY RELEASED BACK INTO THE OCEAN. DATA COLLECTED AS PART OF THIS PROJECT ARE PROVIDED TO AND USED BY THE NATIONAL MARINE FISHERIES SERVICES, U. S. FISH AND WILDLIFE SERVICE AND FLORIDA FISH AND WILDLIFE SERVICE TO TRACK POPULATION TRENDS OF SEA TURTLES ON THE EAST COAST OF FLORIDA. IRG PUBLISHES THIS DATA IN SCIENTIFIC JOURNALS AND PRESENTS FINDINGS EACH YEAR AT THE INTERNATIONAL SEA TURTLE SYMPOSIUM. AS PART OF THIS PROJECT, IRG CONDUCTS SEA TURTLE NESTING SURVEYS. IRG ALSO CONDUCTS PUBLIC SEA TURTLE WALKS DURING JUNE AND JULY, PROVIDING EDUCATION ON SEA TURTLES AND SEA TURTLE CONSERVATION.
IRG HAS VARIOUS SMALLER PROJECTS INVOLVING SEA TURTLE EDUCATION, NESTING, MEASUREMENT, MONITORING AND TAGGING. THESE PROJECTS ARE FUNDED BY PUBLIC CORPORATIONS, STATE, FEDERAL AND LOCAL ORGANIZATIONS. THE PROGRAMS ARE: KEY WEST NATIONAL WILDLIFE REFUGE, LAKE WORTH LAGOON PROGRAM, BIG BEND, HAWKS CHANNEL(BIG GREEN TURTLES),BOCA REEF, BISCAYNE BAY/UPPER KEYS, RIVERA BEACH POWER PLANT, INDIAN RIVER LAGOON,FORCE BLUE, PALM BEACH COUNTY AND COASTAL CONSERVATION PROGRAM. IRG PROVIDES INFORMATION OBTAINED IN THESES VARIOUS PROGRAMS FOR THE FURTHER PROTECTION OF SEA TURTLES THROUGH TECHNICAL PAPERS AND CONFERENCES.
IRG PARTNERED WITH THE NATIONAL SAVE A SEA TURTLE FOUNDATION EDUCATION DEPARTMENT TO PROMOTE QUALITY EDUCATIONAL PROGRAMMING. THE OUTREACH PROGRAM IS FREE TO TEACHERS AND INCLUDES TAILOR-MADE LESSON PLANS, IN-CLASS, AND NEW TRAVELING TRUNKS CONTAINING ALL THE EDUCATION MATERIAL TEACHERS WOULD NEED TO CARRY OUT FOUR CONSERVATION-BASED LESSON PLANS. THE PARTNERSHIP HAS BEEN ABLE TO REACH OVER 20,000 STUDENTS IN ONE YEAR WITH THESE PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Bresette President/director | OfficerTrustee | 40 | $70,964 |
Blair Witherington Vice President/director | OfficerTrustee | 20 | $32,728 |
Carrie Keske Treasurer | OfficerTrustee | 20 | $21,822 |
Steve Traxler Secretary/director | OfficerTrustee | 0 | $113 |
Dean Bagley Vice President/direcor | OfficerTrustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $251,991 |
| All other contributions, gifts, grants, and similar amounts not included above | $756,803 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,008,794 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $17,325 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,026,199 |
| 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. | $125,627 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $323,738 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $22,397 |
| Other employee benefits | $0 |
| Payroll taxes | $28,944 |
| Fees for services: Management | $7,641 |
| Fees for services: Legal | $1,890 |
| Fees for services: Accounting | $1,531 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,669 |
| Office expenses | $563 |
| Information technology | $4,943 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $28,470 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $12,810 |
| Interest | $57 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $27,519 |
| Insurance | $39,481 |
| All other expenses | $125,017 |
| Total functional expenses | $891,741 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $157,454 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $39,883 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $197,337 |
| Accounts payable and accrued expenses | $1,769 |
| 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 | $0 |
| Total liabilities | $1,769 |
| Net assets without donor restrictions | $195,568 |
| Net assets with donor restrictions | $0 |
| 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 | $197,337 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Inwater Group Research Inc has recieved totaling $26,396.
| Awarding Organization | Amount |
|---|---|
Sea Turtle Conservancy Gainesville, FL PURPOSE: Research | $26,246 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $150 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hudson-Alpha Institute For Biotechnology Huntsville, AL | $211,512,056 | $51,805,437 |
Mote Marine Laboratory Sarasota, FL | $89,374,778 | $43,949,179 |
Georgia Research Alliance Inc Atlanta, GA | $8,906,485 | $14,658,873 |
Center For Transportation And The Enviroment Inc Atlanta, GA | $3,772,677 | $13,099,404 |
Imec Usa Nanoelectronics Design Center Kissimmee, FL | $7,792,291 | $5,398,938 |
Inwater Group Research Inc Jensen Beach, FL | $197,337 | $1,026,199 |
Plantrician Project Boynton Beach, FL | $376,668 | $807,186 |
Hack Augusta Augusta, GA | $47,185 | $725,558 |
Southeast Innovation Institute Dacula, GA | $115,352 | $348,493 |
Gap Group Inc Americus, GA | $537,059 | $502,207 |
Clinical Research Pathways Inc Atlanta, GA | $1 | $605 |
International Neural Network Society Gainesville, FL | $1,806,205 | $587,158 |