Overview
What is Meso-American Reef Fund Inc?
Meso-American Reef Fund Inc is a Guatemalan-based nonprofit organization, specifically located at 22 AV 0-59 ZONA 15 VISTA HERMOSA II, Guatemala City. Their primary mission revolves around addressing climate change and its effects on the Mesoamerican Reef. To accomplish this, they actively drive regional funding and partnerships for the conservation, restoration, and sustainable use of the Mesoamerican Reef. Their efforts aim to create a network that fosters the protection and management of this vital ecosystem, ensuring its survival for future generations.
Official website here: www.marfund.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Star rating)
The Meso-American Reef Fund Inc has received a solid Three-Star rating from Charity Navigator, indicating a commendable level of accountability and finance practices. With a high score of 90% in this area, the organization demonstrates a strong commitment to transparency, featuring a majority of independent board members and no material diversion of assets. The organization has also effectively maintained a solid liabilities to assets ratio and an impressive program expense ratio, designating a significant portion of resources directly to its programs.
In addition to its financial health, the organization scores perfectly in the Leadership & Adaptability category, showcasing its commitment to developing leadership and focusing on its mission. Evidence of its adaptability and external mobilization efforts further highlights its proactive approach in navigating challenges and pursuing its goals.
However, there are some areas for improvement, specifically regarding its policies. The absence of a whistleblower policy and a document retention and destruction policy indicates potential gaps in governance. Addressing these issues could enhance the organization’s operational integrity and strengthen stakeholder trust. Overall, Meso-American Reef Fund Inc combines strong financial practices with effective leadership, although it should work on refining its governance policies.
This AI summary has been generated from information found on Charity Navigator.
Is Meso-American Reef Fund Inc legitimate?
Meso-American Reef Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Meso-American Reef Fund 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: $148,953
Professional Fundraising Fees: $0
Other Salaries and Wages: $415,869
For more financial information, click here
Official website here: www.marfund.org
What is the mission statement of Meso-American Reef Fund Inc?
The Meso-American Reef Fund Inc is dedicated to securing regional funding and forming partnerships for the conservation, restoration, and sustainable use of the Meso-American Reef. Specifically, their mission involves driving initiatives to adapt to climate change and its impacts on the reef. They aim to foster a collaborative effort among various stakeholders to protect and preserve this vital marine ecosystem for future generations.
Official website here: www.marfund.org
Who is the CEO of Meso-American Reef Fund Inc?
Maria Jose Gonzalez is the Chairman Of The Board of Meso-American Reef Fund Inc.
Official website here: www.marfund.org
What is the revenue of Meso-American Reef Fund Inc?
Meso-American Reef Fund Inc's revenue in 2022 was -$932,079.
Official website here: www.marfund.org
Who are the executives of Meso-American Reef Fund Inc and what are their salaries?
There 13 volunteers at Meso-American Reef Fund Inc.
Here are 14 key members and their salaries:
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- Other: $148,953
Official website here: www.marfund.org
Where can I find the form 990 for Meso-American Reef Fund Inc?
Meso-American Reef Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.marfund.org
Learn more at the official website: www.marfund.org
Mission Statement of Meso-American Reef Fund Inc
The Meso-American Reef Fund Inc, a prominent organization, is dedicated to driving regional funding and partnerships for the conservation, restoration, and sustainable use of the Mesoamerican Reef. Their mission is geared towards ensuring the reef's resilience in the face of climate change and its impacts. By fostering collaboration and securing resources, this nonprofit aims to support the adaptation and preservation of the Mesoamerican Reef, a vital marine ecosystem that is under threat due to environmental changes.
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Impact
June, 2024
Meso-American Reef Fund Inc drives regional funding and partnerships for the conservation, restoration, and sustainable use of the Mesoamerican Reef. They focus on supporting adaptation to climate change and its impacts on the reef. Their work plays a crucial role in preserving this important marine ecosystem and supporting the communities that depend on it.
This information is meant to be a general summary of Meso-American Reef Fund 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: -$4,426,421
- Gross Receipts: $3,494,342
Assets and Liabilities:
- Total Assets: $44,391,780
- Total Liabilities: $414,221
- Net Assets: $43,977,559
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Organization Details
Founding Year
2004
Principal Officer
Maria Jose Gonzalez
Website
www.marfund.orgNTEE Category
Code: C32 - Environment
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