I Care Corporation
- Assets
- $241.5k
- Revenue
- $327.7k
- Investments
- $0.0
- Employees
- 2
- Location
- Islamorada, FL
- Founding
- Data as of
- 12/2022
- EIN
- 86-1391515
Organization Overview
I Care Corporation is located in Islamorada, FL. 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. As of 12/2022, I Care Corporation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. I Care Corporation 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 12/2022, I Care Corporation generated $327.7k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 10.4% each year . All expenses for the organization totaled $266.8k during the year ending 12/2022. 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
ISLAMORADA'S CONSERVATION AND RESTORATION EDUCATION (ICARE) IS DEDICATED TO INCORPORATING EFFORTS OF LOCAL BUSINESSS, RESIDENTS AND VISITORS IN RESTORING AND MAINTAINING CORAL REEF COMMUNITIES IN ISLAMORADA, FLORIDA. OUR MISSION IS TO INCREASE COMMUNITY INVOLVEMENT IN REEF CONSERVATION THROUGH CITIZEN SCIENCE AND EDUCATION, CORAL TRANSPLANTATION AND CONTINUED MONITORING OF CORALS, REEF FISHES, AND INVERTEBRATES. OUR GOALS FOR THE REEF ARE TO COLLECT DATA ON THE FACTORS IMPACTING CORAL TRANSPLANT SURVIVAL, INCREASE CORAL COVER FROM 3-5% TO 10% OVER THE NEXT THREE YEARS, AND HELP RESTORE ECOLOGICAL PROCESSES TO THESE REEF COMMUNITIES, WHILE INCREASING EDUCATIONAL OUTREACH OPPORTUNITIES FOR MEMBERS OF THE RECREATIONAL DIVING COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION OBTAINED A PERMIT TO RESTORE MILES OF REEF OFF THE EAST COAST OF ISLAMORADA.
THE ORGNIZATION OUTPLANTED OVER 4,000 CORAL
THE ORGANIZATION EDUCATED AND TRAINED OVER 1,000 DIVERS AND COMMUNITY MEMBERS AS TO THE CONDITION OF THE REEF AND HOW THEY CAN BE PART OF THE RESTORATION EFFORTS
ISLAMORADA'S CONSERVATION AND RESTORATION EDUCATION (ICARE) IS DEDICATED TO INCORPROATING EFFORTS OF LOCAL BUSINESSES, RESIDENTS AND VISITORS IN RESTORING AND MAINTAINING CORAL REEF COMMUNITIES IN ISLAMORADA FLORIDA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kurt Tidd Secretary | OfficerTrustee | $0 | |
Kylie Smith Vice Preside | OfficerTrustee | $0 | |
Michael Goldberg President | OfficerTrustee | $0 | |
Shelly Laughlin Treasurer | OfficerTrustee | $0 | |
Sara Stanczyk Board Member | Trustee | $0 | |
Andrew Mitchell Board Member | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $327,733 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $327,733 |
| 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 | $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 | $327,733 |
| 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 | $105,333 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,112 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,144 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $20,830 |
| Advertising and promotion | $3,714 |
| Office expenses | $10,586 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,500 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $809 |
| Interest | $64 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,992 |
| Insurance | $0 |
| All other expenses | $18,966 |
| Total functional expenses | $266,779 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $225,223 |
| 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 | $16,275 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $241,498 |
| Accounts payable and accrued expenses | $6,094 |
| 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 | $771 |
| Total liabilities | $6,865 |
| Net assets without donor restrictions | $234,633 |
| 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 | $241,498 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that I Care Corporation has recieved totaling $54,510.
| Awarding Organization | Amount |
|---|---|
National Marine Sanctuary Foundation Silver Spring, MD PURPOSE: CORAL REEF RESTORATION IN ISLAMORADA FLORIDA | $47,472 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $6,038 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Barn Group Land Trust Inc Brooks, GA | $16,806,852 | $12,541,051 |
Freshwater Land Trust Birmingham, AL | $42,766,765 | $3,412,437 |
Chattahoochee Riverkeeper Inc Atlanta, GA | $5,712,357 | $2,159,639 |
Ocean Research & Conservation Association Inc Vero Beach, FL | $1,520,786 | $2,174,367 |
Captains For Clean Water Inc Fort Myers, FL | $1,974,237 | $1,999,090 |
Biscayne Bay Waterkeeper Inc Coral Gables, FL | $1,387,272 | $1,361,221 |
Georgia River Network Inc Athens, GA | $860,898 | $1,211,941 |
Jacksonville Maritime Association Inc Jacksonville, FL | $1,150,787 | $914,267 |
Wildlands Conservation Inc Tampa, FL | $969,929 | $1,039,478 |
Georgia Water And Wastewater Institute Inc Marietta, GA | $2,007,375 | $1,312,703 |
Apalachicola Bay And River Keeper Inc Apalachicola, FL | $464,849 | $795,919 |
Savannah Riverkeeper Incorporated Augusta, GA | $308,608 | $391,873 |