Overview
What is World Aquaculture Society Inc?
World Aquaculture Society Inc is a nonprofit organization, headquartered in Sorrento, Louisiana, with a commitment to fostering cooperation between scientists, fish farmers, and businessmen. Their primary objective is to facilitate mutual growth through a collaborative platform. The society is dedicated to the study of mariculture and aquatic science, and they strive to disseminate relevant information in these fields. With a team of three dedicated individuals, World Aquaculture Society Inc serves as a hub for knowledge exchange and networking, contributing significantly to the advancement of aquatic research and practices.
Official website here: www.was.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 61%, earning it a Two-Star out of Four Star rating. This rating indicates that World Aquaculture Society Inc has some strengths but also significant areas needing improvement in terms of financial accountability and transparency.
One of the organization's notable strengths lies in its governance structure, with a fully independent board that scores highly in aspects such as board size and the absence of material diversion of assets. Additionally, they effectively maintain their website and provide access to board meeting minutes, which enhances their transparency in some areas.
However, the organization faces considerable challenges, particularly in its financial practices and policies. The lack of a conflict of interest policy, whistleblower policy, and document retention policy raises concerns about governance. Furthermore, their liabilities to assets ratio reflects potential financial vulnerabilities, contributing to the overall low rating and indicating a need for improvement in financial accountability.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about World Aquaculture Society Inc?
94% of 27 reviewers on Facebook recommend the World Aquaculture Society Inc. Here is a summary of their reviews:
The general sentiment towards the organization is positive, with many praising the impactful work it does for society. Reviewers appreciate the dedication of the nonprofit in promoting sustainable aquaculture and its efforts to educate the community. The overall impression is that the organization is delivering valuable contributions that resonate well with its supporters.
Overall, the feedback indicates a strong level of trust and appreciation for the World Aquaculture Society Inc., highlighting its commitment to advancing the aquaculture field and fostering community involvement.
This AI summary has been generated from reviews found on Facebook.
Is World Aquaculture Society Inc legitimate?
World Aquaculture Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. World Aquaculture Society 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: $53,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $18,831
For more financial information, click here
Official website here: www.was.org
What is the mission statement of World Aquaculture Society Inc?
The World Aquaculture Society Inc was established with the aim of fostering a collaborative environment for scientists, fish farmers, and businessmen. This organization serves to enrich their collective knowledge by promoting the study of mariculture and aquatic science. The Society plays a significant role in disseminating information in these fields, thereby contributing to their growth and advancement.
Official website here: www.was.org
Who is the CEO of World Aquaculture Society Inc?
Antonio Garza is the Principal Officer of World Aquaculture Society Inc.
Official website here: www.was.org
What is the revenue of World Aquaculture Society Inc?
World Aquaculture Society Inc's revenue in 2022 was $186,488.
Official website here: www.was.org
Who are the executives of World Aquaculture Society Inc and what are their salaries?
The average compensation at World Aquaculture Society Inc during 2022 was $23,944. There are 3 employees and 17 volunteers at World Aquaculture Society Inc.
Here are 19 key members and their salaries:
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Official website here: www.was.org
Where can I find the form 990 for World Aquaculture Society Inc?
World Aquaculture Society Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.was.org
Learn more at the official website: www.was.org
Mission Statement of World Aquaculture Society Inc
The World Aquaculture Society, established with the purpose of uniting scientists, fish farmers, and businessmen, serves as a platform for their mutual enrichment. The organization's primary focus lies in promoting the study of mariculture and aquatic science, as well as disseminating relevant information in these fields. By facilitating this exchange of knowledge, the World Aquaculture Society aims to foster growth and advancement in the realm of aquaculture and aquatic sciences.
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Impact
October, 2024
The World Aquaculture Society Inc significantly impacts the aquaculture and aquatic science sectors by fostering collaboration among scientists, fish farmers, and industry professionals. By creating a platform for knowledge exchange, it enhances the study and practical applications of mariculture and aquatic science. The society's efforts in disseminating vital information contribute to advancing research and best practices, ultimately promoting sustainable aquaculture development. This collaboration not only enriches individual expertise but also drives innovation in the industry, leading to improved productivity and environmental stewardship in aquatic food production.
This information is meant to be a general summary of World Aquaculture Society 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: $33,976
- Program Service Revenue: $73,442
- Gross Receipts: $186,488
Assets and Liabilities:
- Total Assets: $1,124,415
- Total Liabilities: $827,404
- Net Assets: $297,011
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PUBLICATIONS AND JOURN
Revenue
$40,852
SPONSORSHIPS
Revenue
$21,250
ADVERTISING
Revenue
$11,075
CONFERENCES
Revenue
$265
Organization Details
Founding Year
1970
Phone
(225) 578-3137Principal Officer
Antonio Garza
Main Address
PO BOX 397, SORRENTO, LA, 707780397
Website
www.was.orgNTEE Category
Code: U21Z - Science research
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