Overview
What is Ecosphere Restoration Institute Inc?
Ecosphere Restoration Institute Inc is a nonprofit organization situated in Largo, Florida. Their primary mission is to enhance the natural environment by directly restoring native habitats, as indicated by their statewide seagrass restoration project at the FWC Youth Conservation Center's Haya Linear Park. By focusing on habitat restoration, they aim to contribute positively to the physical environment, benefiting various species and ecosystems within their reach.
Official website here: www.ecospheretresorationinstitute.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Ecosphere Restoration Institute Inc has received a two-star rating from Charity Navigator, indicating that there are significant areas for improvement within the organization. The overall score stands at 61%, reflecting a decent performance in some areas, such as having a fully independent board and no material diversion of assets. However, the organization faces challenges in areas related to governance and transparency.
One of the organization's notable strengths is the program expense ratio, which is 100%, indicating that all funds are being directed towards its programs. Additionally, it has a strong accountability structure with a fully independent board, which is a positive sign for potential donors. However, the absence of essential policies such as a conflict of interest policy, whistleblower policy, and document retention protocols raises concerns about governance practices.
Limitations in financial transparency are also highlighted by the organization’s missing tax forms on its website and a high liabilities-to-assets ratio of 87.26%. This ratio indicates potential financial instability, which could impact the organization's long-term sustainability. Overall, while Ecosphere Restoration Institute Inc shows potential through its program focus, addressing the noted governance and financial transparency issues will be crucial for its future success.
This AI summary has been generated from information found on Charity Navigator.
Is Ecosphere Restoration Institute Inc legitimate?
Ecosphere Restoration Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ecosphere Restoration Institute 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.ecospheretresorationinstitute.org
What is the mission statement of Ecosphere Restoration Institute Inc?
The Ecosphere Restoration Institute Inc is committed to enhancing the physical environment by engaging in direct restoration of native habitats. Their mission is centered around revitalizing ecosystems to promote biodiversity and preserve the natural world. For instance, they have been involved in statewide seagrass restoration projects, aiming to restore and protect these vital marine ecosystems. Their efforts focus on the rehabilitation of various habitats, ensuring a healthier and more sustainable environment for future generations.
Official website here: www.ecospheretresorationinstitute.org
Who is the CEO of Ecosphere Restoration Institute Inc?
Thomas F Ries is the President of Ecosphere Restoration Institute Inc.
Official website here: www.ecospheretresorationinstitute.org
What is the revenue of Ecosphere Restoration Institute Inc?
Ecosphere Restoration Institute Inc's revenue in 2022 was $402,680.
Official website here: www.ecospheretresorationinstitute.org
Who are the executives of Ecosphere Restoration Institute Inc and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.ecospheretresorationinstitute.org
Where can I find the form 990 for Ecosphere Restoration Institute Inc?
Ecosphere Restoration Institute Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ecospheretresorationinstitute.org
Learn more at the official website: www.ecospheretresorationinstitute.org
Mission Statement of Ecosphere Restoration Institute Inc
The Ecosphere Restoration Institute Inc, a nonprofit organization, is dedicated to enhancing the physical environment through direct restoration of native habitats. By focusing on this specific mission, the Institute aims to make a significant impact on the ecosystem, fostering a healthier and more sustainable world. Their primary focus is on restoring native habitats, which involves various initiatives such as the statewide seagrass restoration projects undertaken by the organization. The Ecosphere Restoration Institute Inc is committed to preserving and nurturing the delicate balance of nature, thereby contributing to a more resilient and thriving environment.
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Impact
June, 2024
Ecosphere Restoration Institute Inc's impact lies in improving the physical environment through direct restoration of native habitats. Their work at the FWC Youth Conservation Center and Haya Linear Park, as well as their statewide seagrass restoration efforts, contribute to the preservation and enhancement of natural ecosystems. Through their mission to restore native habitats, they play a vital role in environmental conservation and the protection of biodiversity.
This information is meant to be a general summary of Ecosphere Restoration Institute 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.
- Gross Receipts: $402,680
Assets and Liabilities:
- Total Assets: $148,060
- Total Liabilities: $129,199
- Net Assets: $18,861
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Organization Details
Founding Year
2007
Phone
(813) 376-9076Principal Officer
Thomas F Ries
Main Address
13801 WALLSINGHAM ROAD A416, LARGO, FL, 33774
NTEE Category
Code: C300 - Environment
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