Overview
What is Global Coral Reef Alliance Inc?
The Global Coral Reef Alliance Inc is a globally-connected coalition of individuals and organizations, dedicated to preserving historical data and documents of coral reef conditions, and conducting innovative research to comprehend the workings of these vital ecosystems, identify the threats currently harming them, and pioneer technology for their regeneration. Their mission encompasses a comprehensive approach, involving the conservation of past reef conditions, cutting-edge research into the functioning of coral reefs, the causes behind their degradation, and the development of technologies to revitalize them.
Official website here: www.globalcoral.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 0 stars
Global Coral Reef Alliance Inc has received a low rating of 16% from Charity Navigator, resulting in a Zero-Star out of Four Stars designation. This score reflects significant concerns regarding the organization's accountability and financial practices. Notably, the board of directors lacks independent members, which can raise questions about governance and oversight.
The organization has some positive aspects, such as a complete record of board meeting minutes and no issues with material diversion of assets. Additionally, it is compliant with tax form listing on its website, indicating some level of transparency. However, the absence of key policies like conflict of interest, whistleblower protection, and document retention is a serious drawback that impacts its overall score.
Overall, the Global Coral Reef Alliance Inc faces critical challenges in governance and financial management, as indicated by its low scores in these areas. Prospective donors should consider these limitations when evaluating the organization's effectiveness and trustworthiness.
This AI summary has been generated from information found on Charity Navigator.
Is Global Coral Reef Alliance Inc legitimate?
Global Coral Reef Alliance Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Global Coral Reef Alliance 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $25,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.globalcoral.org
What is the mission statement of Global Coral Reef Alliance Inc?
The Global Coral Reef Alliance Inc is a global network dedicated to preserving historical reef data, conducting advanced research on coral reef functioning, identifying threats, and developing regeneration technologies. Their mission is geared towards understanding the factors damaging coral reefs and finding solutions to preserve them. Their efforts aim to contribute to the regeneration of these vital ecosystems worldwide.
Official website here: www.globalcoral.org
Who is the CEO of Global Coral Reef Alliance Inc?
Thomas Goreau is the President of Global Coral Reef Alliance Inc.
Official website here: www.globalcoral.org
What is the revenue of Global Coral Reef Alliance Inc?
Global Coral Reef Alliance Inc's revenue in 2022 was $180,598.
Official website here: www.globalcoral.org
Who are the executives of Global Coral Reef Alliance Inc and what are their salaries?
The average compensation at Global Coral Reef Alliance Inc during 2022 was $25,000. There is 1 employee at Global Coral Reef Alliance Inc.
Here are 5 key members and their salaries:
- Compensation: $25,000
- Related: $0
- Other: $1,196
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.globalcoral.org
Where can I find the form 990 for Global Coral Reef Alliance Inc?
Global Coral Reef Alliance Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.globalcoral.org
Learn more at the official website: www.globalcoral.org
Mission Statement of Global Coral Reef Alliance Inc
Global Coral Reef Alliance Inc, a global network of dedicated individuals and organizations, is on a mission to preserve and document historical reef conditions, conduct groundbreaking research on coral reef functioning, identify the threats causing their damage, and develop innovative technologies for their regeneration. The Alliance is committed to understanding the intricate workings of these vital ecosystems and finding solutions to protect them from the threats they currently face. By preserving knowledge about past reef conditions and advancing research, the Global Coral Reef Alliance Inc aims to develop technologies that will help regenerate these essential marine habitats and ensure their survival for future generations.
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Impact
June, 2024
Global Coral Reef Alliance Inc has a significant impact on preserving knowledge and documentation of past reef conditions, conducting innovative research to understand coral reef functioning and the causes of current threats, and developing technologies to regenerate coral reefs. Through its worldwide network of individuals and groups, the organization is actively working to address the challenges facing coral reefs and promote their long-term sustainability.
This information is meant to be a general summary of Global Coral Reef Alliance Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $33
- Gross Receipts: $180,598
Assets and Liabilities:
- Total Assets: $150,196
- Total Liabilities: $0
- Net Assets: $150,196
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Organization Details
Founding Year
1991
Phone
(617) 864-4226Principal Officer
Thomas Goreau
Main Address
37 Pleasant Street, Cambridge, MA, 02139
Website
www.globalcoral.orgNTEE Category
Code: C320 - Environment
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