Overview
What is Santa Monica Bay Restoration Foundation?
The Santa Monica Bay Restoration Foundation is a nonprofit organization based in Playa del Rey, California, with a workforce of 21 individuals. Their primary mission is to restore and protect the Santa Monica Bay and its surrounding watershed. This involves conducting research, monitoring, and restoration activities in coastal marine habitats, with a focus on projects such as kelp forest restoration, eelgrass habitat restoration, abalone species recovery, and research on harmful algal blooms and climate change. These efforts aim to increase the resilience of diverse ecosystems, support local recreational opportunities, and contribute to the coastal economy. Additionally, their work on marine habitats provides valuable data that helps understand the impacts of climate change and informs adaptive management strategies.
Official website here: www.santamonicabay.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%, Four-Star out of Four Stars
The Santa Monica Bay Restoration Foundation has achieved a perfect score in accountability and finance, reflecting a strong commitment to sound financial practices and governance. With a fully independent board, robust oversight mechanisms, and a high program expense ratio, the organization demonstrates a commendable dedication to its mission and effective use of resources.
However, despite the high rating from Charity Navigator, user feedback indicates concerns regarding transparency. A reviewer highlighted the need for the foundation to open its meetings and minutes to the public, citing its reliance on public funds and the significant role it plays in shaping policies that affect the community. This lack of visibility may undermine public trust, especially given the organization's involvement in controversial partnerships.
While the foundation's financial health appears strong, it may benefit from addressing these transparency issues. Enhancing public engagement could foster greater community support and trust, aligning with its mission to restore and protect the Santa Monica Bay area.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Santa Monica Bay Restoration Foundation legitimate?
Santa Monica Bay Restoration Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Santa Monica Bay Restoration Foundation 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: $315,873
Professional Fundraising Fees: $0
Other Salaries and Wages: $831,918
For more financial information, click here
Official website here: www.santamonicabay.org
What is the mission statement of Santa Monica Bay Restoration Foundation?
The Santa Monica Bay Restoration Foundation's mission is focused on restoring and protecting the Santa Monica Bay and its surrounding watershed. They aim to achieve this by taking actions and forming partnerships that improve water quality, conserve and rehabilitate natural resources, and safeguard the benefits and values of community stakeholders. The organization's activities include conducting research, monitoring, and restoration projects in coastal marine habitats, such as kelp forest restoration, eelgrass habitat restoration, and studying harmful algal blooms and the impacts of climate change. These efforts aim to increase the resilience of various ecosystems, support local recreational opportunities, and boost related coastal economies. The data collected from these projects also contributes to a deeper understanding of the effects of climate change and informs adaptive management strategies.
Official website here: www.santamonicabay.org
Who is the CEO of Santa Monica Bay Restoration Foundation?
Tom Ford is the Chief Executive Officer of Santa Monica Bay Restoration Foundation. The CEO's salary of Santa Monica Bay Restoration Foundation is $187,750 and their total compensation is $196,745.
Official website here: www.santamonicabay.org
What is the revenue of Santa Monica Bay Restoration Foundation?
Santa Monica Bay Restoration Foundation's revenue in 2022 was $3,100,072.
Official website here: www.santamonicabay.org
Who are the executives of Santa Monica Bay Restoration Foundation and what are their salaries?
The average compensation at Santa Monica Bay Restoration Foundation during 2022 was $54,657. There are 21 employees and 918 volunteers at Santa Monica Bay Restoration Foundation.
Here are 14 key members and their salaries (Santa Monica Bay Restoration Foundation's CEO's salary is $187,750 and their total compensation is $196,745):
- Compensation: $187,750
- Related: $0
- Other: $8,995
- Compensation: $128,123
- Related: $0
- Other: $8,690
- Compensation: $26,565
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.santamonicabay.org
Where can I find the form 990 for Santa Monica Bay Restoration Foundation?
Santa Monica Bay Restoration Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.santamonicabay.org
Learn more at the official website: www.santamonicabay.org
Mission Statement of Santa Monica Bay Restoration Foundation
The Santa Monica Bay Restoration Foundation, a dedicated organization, is committed to restoring and protecting the Santa Monica Bay and its extensive 400-square-mile watershed. Their mission is to improve the area through collaborative actions and partnerships that focus on enhancing water quality, conserving natural resources, and safeguarding the benefits and values cherished by community stakeholders.
To achieve this mission, the Foundation engages in various projects that focus on the restoration and enhancement of coastal marine habitats. This year, their projects have centered around kelp forest restoration, eelgrass habitat recovery, research on the recovery of abalone species, and the study of harmful algal blooms and climate change. By restoring and enhancing these marine habitats, the Foundation aims to increase resilience across diverse ecosystems, while also supporting local recreational opportunities and related coastal economies.
In addition, the data collected from these projects helps to deepen our understanding of the impacts of climate change, providing valuable insights that can inform adaptive management strategies. By carrying out these tasks, the Santa Monica Bay Restoration Foundation contributes significantly to the preservation and protection of the Santa Monica Bay and its surrounding areas.
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Impact
June, 2024
The Santa Monica Bay Restoration Foundation's impact includes conducting research, monitoring, and restoration activities in coastal marine habitats to restore and protect the Santa Monica Bay and its watershed. Projects focus on kelp forest restoration, eelgrass habitat restoration, abalone species recovery, and research on harmful algal blooms and climate change. By enhancing marine habitats, the foundation increases resilience across ecosystems, supports local recreational opportunities, and benefits coastal economies. Data collected from these projects also helps further understanding of climate change impacts and informs adaptive management practices.
This information is meant to be a general summary of Santa Monica Bay Restoration Foundation. 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: $69
- Gross Receipts: $3,122,144
Assets and Liabilities:
- Total Assets: $2,169,499
- Total Liabilities: $482,894
- Net Assets: $1,686,605
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Organization Details
Founding Year
1990
Phone
(888) 301-2527Principal Officer
Tom Ford
Main Address
8117 W MANCHESTER AVE UNIT 750, PLAYA DEL REY, CA, 90293
Website
www.santamonicabay.orgNTEE Category
Code: C123 - Environment
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