Overview
What is Gulf Of Mexico Alliance?
The Gulf of Mexico Alliance (GOMA) is a nonprofit organization based in Ocean Springs, Mississippi, dedicated to the protection and wise management of the Gulf of Mexico's natural resources. Established in response to the 2010 Deepwater Horizon oil spill, GOMA provides administrative services for a research program funded by BP Exploration & Production, Inc. This program, known as the Gulf of Mexico Research Initiative (GOMRI), focuses on understanding the impacts of the oil spill on the Gulf's ecosystem. With a mission to promote the protection, restoration, enhancement, understanding, awareness, and wise use of the Gulf's resources, GOMA engages in cooperative efforts involving research, planning, management, information and resource sharing, and public education. The organization has a team of 14 employees and has completed its funded research activities by the end of 2019. The remaining funds are being used to ensure public data availability and access through 2029, keep the website active through 2029, and wrap up the program effectively.
Official website here: www.gulfofmexicoalliance.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% - Four-Star out of Four Star rating from Charity Navigator.
The Gulf Of Mexico Alliance has achieved an impressive 96% rating, reflecting strong performance across all accountability and finance metrics. This high score is entirely based on its accountability practices, indicating a well-managed organization committed to transparency and responsible governance.
The organization has received full points in several key areas, including having a completely independent board, strong financial oversight through an audit committee, and effective policies for conflict of interest and whistleblower protections. Its program expense ratio is notably high at 95.48%, showing that most of its funding is directed towards programmatic activities rather than administrative costs.
No significant limitations were noted in the data, suggesting that the Gulf Of Mexico Alliance maintains high standards in both its financial practices and organizational integrity. This reputation is indicative of a nonprofit that prioritizes effective use of resources to support its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Gulf Of Mexico Alliance legitimate?
Gulf Of Mexico Alliance is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gulf Of Mexico Alliance 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: $213,220
Professional Fundraising Fees: $0
Other Salaries and Wages: $705,638
For more financial information, click here
Official website here: www.gulfofmexicoalliance.org
What is the mission statement of Gulf Of Mexico Alliance?
The Gulf of Mexico Alliance's mission is geared towards promoting the protection, restoration, enhancement, understanding, awareness, and sustainable use of the natural resources in the Gulf of Mexico. This is achieved through coordinated and collaborative efforts that involve research, planning, management, information sharing, and public education. The Alliance's goal is to foster a more informed and responsible approach to the Gulf's resources, ensuring their long-term health and preservation. After the 2010 Deepwater Horizon oil spill, the Alliance took on the administration of a ten-year research program, known as the Gulf of Mexico Research Initiative (GOMRI), which aimed to study the impact of the spill on the Gulf's ecosystem. The Administration's role in GOMRI involves the same types of services they provide for other research activities and public funds. All funding for the program was received by the end of 2019, with remaining funds to be used for wrapping up the program, ensuring public data availability and access through 2029, and keeping the website active until 2029.
Official website here: www.gulfofmexicoalliance.org
Who is the CEO of Gulf Of Mexico Alliance?
Constance Thrift is the Board Member of Gulf Of Mexico Alliance.
Official website here: www.gulfofmexicoalliance.org
What is the revenue of Gulf Of Mexico Alliance?
Gulf Of Mexico Alliance's revenue in 2022 was $1,698,085.
Official website here: www.gulfofmexicoalliance.org
Who are the executives of Gulf Of Mexico Alliance and what are their salaries?
The average compensation at Gulf Of Mexico Alliance during 2022 was $65,633. There are 14 employees and 10 volunteers at Gulf Of Mexico Alliance.
Here are 9 key members and their salaries:
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- Compensation: $135,753
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- Compensation: $77,467
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- Compensation: $328,801
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- Compensation: $205,463
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Official website here: www.gulfofmexicoalliance.org
Where can I find the form 990 for Gulf Of Mexico Alliance?
Gulf Of Mexico Alliance's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.gulfofmexicoalliance.org
Learn more at the official website: www.gulfofmexicoalliance.org
Mission Statement of Gulf Of Mexico Alliance
The Gulf of Mexico Alliance, a cooperative entity, is dedicated to the protection, restoration, enhancement, understanding, awareness, and wise use of the natural resources in the Gulf of Mexico. By aligning efforts involving research, planning, management, information, and resource sharing, as well as public education, the Alliance strives to promote the sustainable development of this vital ecosystem.
In response to the devastating 2010 Deepwater Horizon oil spill, the Gulf of Mexico Alliance assumed the administrative role for a ten-year research program funded by BP Exploration & Production, Inc. Known as the Gulf of Mexico Research Initiative (GOMRI), this program aims to study the impacts of the oil spill on the Gulf of Mexico ecosystem. The Alliance's administrative services for this program are similar to those provided for other research activities and public funds.
The Gulf of Mexico Alliance's mission is carried out through independent administrative services, research grants, and a Master Research Agreement. These efforts focus on understanding the long-term effects of the oil spill on the Gulf's ecosystem, including its wildlife, habitats, and human communities. The organization's work is essential in ensuring the public availability and accessibility of data related to the oil spill's impacts through 2029, thereby contributing to a more informed and sustainable approach to the region's future.
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Impact
June, 2024
The Gulf of Mexico Alliance's impact lies in its efforts to promote the protection, restoration, enhancement, understanding, awareness, and wise use of the natural resources of the Gulf of Mexico through aligned and cooperative initiatives. One significant project undertaken by the Alliance is the Gulf of Mexico Research Initiative (GRI) in response to the 2010 Deepwater Horizon oil spill. This initiative, funded by BP Exploration & Production, Inc., aims to study the impacts of the oil spill on the Gulf of Mexico ecosystem.
Through its research program, the Gulf of Mexico Alliance plays a crucial role in advancing scientific knowledge, facilitating data sharing, and promoting environmental conservation in the region. By coordinating research, planning, and public education efforts, the Alliance contributes to the sustainable management of resources and the protection of the Gulf's ecosystem for current and future generations.
This information is meant to be a general summary of Gulf Of Mexico Alliance. 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: $101,318
- Program Service Revenue: $681,239
- Gross Receipts: $1,699,615
Assets and Liabilities:
- Total Assets: $11,024,936
- Total Liabilities: $341,418
- Net Assets: $10,683,518
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICE CONTRACTS
Revenue
$348,889
REGISTRATION FEES
Revenue
$332,350
Organization Details
Founding Year
2010
Phone
(228) 215-1242Principal Officer
Constance Thrift
Main Address
1151 ROBINSON STREET, OCEAN SPRINGS, MS, 39564
Website
www.gulfofmexicoalliance.orgNTEE Category
Code: C60 - Environment
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