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The Coral Restoration Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 651054647 ✦ Tavernier, FL ✦ Designated as a 501(c)(3)

Overview

What is The Coral Restoration Foundation Inc?

The Coral Restoration Foundation Inc, based in Tavernier, Florida, is a non-profit ocean conservation organization dedicated to the restoration and preservation of coral reefs. Their mission involves creating offshore nurseries, maintaining these nurseries, and outplanting corals to actively restore damaged reefs. Beyond restoration, they aim to educate others on the significance of our oceans and utilize science to further research and monitoring techniques. With a workforce of 33 individuals, they strive to protect and conserve marine life, ensuring the health and sustainability of our oceans for future generations.


Official website here: www.coralrestoration.org

Is The Coral Restoration Foundation Inc legitimate?

The Coral Restoration Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Coral Restoration Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $192,668
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,804,211

For more financial information, click here


Official website here: www.coralrestoration.org

What is the mission statement of The Coral Restoration Foundation Inc?

The Coral Restoration Foundation Inc is a non-profit ocean conservation organization dedicated to restoring our coral reefs. They aim to educate others on the importance of our oceans and use science to advance research and monitoring techniques. Their mission involves creating offshore nurseries, maintaining and outplanting corals, with the ultimate goal of actively restoring our coral reefs.


Official website here: www.coralrestoration.org

Who is the CEO of The Coral Restoration Foundation Inc?

Dr R Scott Winters is the Principal Officer of The Coral Restoration Foundation Inc. The CEO's salary of The Coral Restoration Foundation Inc is $191,420 and their total compensation is $191,420.


Official website here: www.coralrestoration.org

What is the revenue of The Coral Restoration Foundation Inc?

The Coral Restoration Foundation Inc's revenue in 2022 was $5,904,895.


Official website here: www.coralrestoration.org

Who are the executives of The Coral Restoration Foundation Inc and what are their salaries?

The average compensation at The Coral Restoration Foundation Inc during 2022 was $60,511. There are 33 employees and 1,005 volunteers at The Coral Restoration Foundation Inc.

Here are 9 key members and their salaries (The Coral Restoration Foundation Inc's CEO's salary is $191,420 and their total compensation is $191,420):

    Dr Scott Winters (Chief Executive Officer) [Trustee/Director]
  • Compensation: $191,420
  • Related: $0
  • Other: $0

    • David Wing (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Splitt (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patti Kirk Gross (Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Boilini (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephen Frink (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sascha Simon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charles Lynch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Corydon Gilchrist (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.coralrestoration.org

    Where can I find the form 990 for The Coral Restoration Foundation Inc?

    The The Coral Restoration Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.coralrestoration.org

    Learn more at the official website: www.coralrestoration.org

    Mission Statement of The Coral Restoration Foundation Inc

    The Coral Restoration Foundation Inc, a non-profit ocean conservation organization, is dedicated to restoring coral reefs, emphasizing the importance of our oceans, and furthering research and monitoring techniques through scientific means. Their mission is threefold: creating offshore nurseries, maintaining these nurseries, and outplanting corals to actively restore damaged reefs. By doing so, they are contributing significantly to the preservation and recovery of our underwater ecosystems.

    Impact

    This information is meant to be a general summary of The Coral Restoration Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Tuesday, June 18, 2024

    The Coral Restoration Foundation Inc's impact can be seen in their active restoration of coral reefs through the creation of offshore nurseries, maintenance, and outplanting initiatives. By restoring coral reefs, they are contributing to the overall health and biodiversity of marine ecosystems. Additionally, their educational efforts help raise awareness about the importance of our oceans, while their scientific research and monitoring techniques further the understanding of coral reef ecosystems. This organization's work is vital in the conservation and preservation of our marine environment.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $4,269
  • Program Service Revenue: $50,222
  • Gross Receipts: $6,012,311

    • Assets and Liabilities:
  • Total Assets: $11,103,632
  • Total Liabilities: $2,215,358
  • Net Assets: $8,888,274
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    DIVE PROGAM

    Revenue

    $50,222

    Organization Details

    Founding Year

    2000

    Principal Officer

    Dr R Scott Winters

    Main Address

    89111 OVERSEAS HWY, TAVERNIER, FL, 330702030

    NTEE Category

    Code: C30 - Environment

    If you are a representative of The Coral Restoration Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.