Barrel Bag

Organization Overview

Barrel Bag is located in Mill Valley, CA. The organization was established in 2018. According to its NTEE Classification (C30) the organization is classified as: Natural Resources Conservation & Protection, under the broad grouping of Environment and related organizations. As of 12/2023, Barrel Bag employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Barrel Bag 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, Barrel Bag generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 37.0% each year . All expenses for the organization totaled $1.1m during the year ending 12/2023. While expenses have increased by 38.0% per year over the past 3 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO BRING AWARENESS TO OUR ENVIRONMENT AND HELP ELIMINATE LITTER-POLLUTION - PARTICULARLY PLASTIC - AROUND THE WORLD.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO REVOLUTIONIZE OCEAN CONSERVATION AND CREATE A GLOBAL MOVEMENT TO SAVE THE WORLDS CORAL REEFS THROUGH ACTIVE REEF RESTORATION AND AWARENESS ACTIVITIES.


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Board, Officers & Key Employees

Name (title)Compensation
Tucker Grooms
President & CEO
$0
Loren Quaglieri
CFO
$0
Griffin Grooms
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$905
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,155,419
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,156,324
Total Program Service Revenue$0
Investment income $33
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 $1,156,357

Peer Organizations

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