Overview
What is Mexico Beach Artificial Reef Association Inc?
Mexico Beach Artificial Reef Association Inc is a nonprofit organization based in Port St Joe, Florida. Their primary focus is on disaster recovery, particularly in the aftermath of Hurricane Michael in October 2018. They aim to secure grants for the repair of damaged facilities, including a pier, canal clean-up, parks, roadways, and a new fire station, among others. Moreover, they also offer micro grants to local businesses planning to reopen in Mexico Beach. Beyond disaster recovery, they are dedicated to building artificial reefs in the Gulf of Mexico, promoting marine life and environmental growth. They conduct research on marine biomass and educate the public on the benefits of artificial reefs for the local ecosystem and economy. Overall, their mission is to help Mexico Beach recover from disasters and promote marine life through artificial reefs.
Official website here: www.mbara.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 66% (Two-Star out of Four Star rating)
The Mexico Beach Artificial Reef Association Inc has received a Two-Star rating from Charity Navigator, indicating a need for improvement in areas of accountability and governance. The organization has zero independent board members and lacks a whistleblower and document retention policy, which are critical for transparency and operational integrity. However, it has a strong program expense ratio of 97.95%, suggesting that the majority of its funds are allocated directly to its mission-related activities.
User feedback on platforms like Great Nonprofits highlights a positive impact in the local community, particularly in environmental and economic initiatives around Bay County. One user reviewed their experience with the organization, praising its clear goals and significant contributions to creating reef habitats. This indicates a strong community support and appreciation for the organization’s efforts.
Despite the organizational strengths in program management and community impact, the lack of independent oversight and certain policies may raise concerns for potential donors and stakeholders regarding governance practices. Addressing these limitations could enhance the overall effectiveness and reputation of the organization.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Mexico Beach Artificial Reef Association Inc legitimate?
Mexico Beach Artificial Reef Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mexico Beach Artificial Reef Association 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.mbara.org
What is the mission statement of Mexico Beach Artificial Reef Association Inc?
The Mexico Beach Artificial Reef Association Inc is dedicated to constructing artificial reefs in the Gulf of Mexico. Their mission encompasses conducting research on these artificial reefs and marine biomass, as well as educating the public on the benefits of such reefs for marine life and the local economy. Furthermore, they aim to aid in disaster recovery efforts by providing resources for the local area to recover from disasters. Additionally, they offer grants to facilitate the repair of damaged facilities and micro-grants to businesses affected by disasters, with the goal of supporting the local community's recovery and growth.
Official website here: www.mbara.org
Who is the CEO of Mexico Beach Artificial Reef Association Inc?
Robert Cox is the President And Board Member of Mexico Beach Artificial Reef Association Inc.
Official website here: www.mbara.org
What is the revenue of Mexico Beach Artificial Reef Association Inc?
Mexico Beach Artificial Reef Association Inc's revenue in 2022 was $240,807.
Official website here: www.mbara.org
Who are the executives of Mexico Beach Artificial Reef Association Inc and what are their salaries?
There 20 volunteers at Mexico Beach Artificial Reef Association Inc.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.mbara.org
Where can I find the form 990 for Mexico Beach Artificial Reef Association Inc?
Mexico Beach Artificial Reef Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mbara.org
Learn more at the official website: www.mbara.org
Mission Statement of Mexico Beach Artificial Reef Association Inc
The Mexico Beach Artificial Reef Association Inc, a dedicated organization, is committed to constructing artificial reefs in the Gulf of Mexico. Its primary goal is to enhance marine life and the surrounding environment off the coast of a specified location. By creating these reefs, the Association seeks to foster a thriving marine ecosystem and promote the benefits they offer to local wildlife and the economy.
In addition to its construction efforts, the Association invests in research on artificial reefs and marine biomass. This research is designed to deepen understanding of the reefs' impacts and contribute to their effectiveness. Furthermore, the Association actively engages in public education, aiming to spread awareness about the advantages of artificial reefs for marine life and the local community.
In the wake of disasters, the Mexico Beach Artificial Reef Association Inc plays a vital role in the recovery of the affected area. Post Hurricane Michael in October 2018, the Association provided matching funds to secure grants for the repair of damaged facilities, including piers, canals, parks, roadways, and even a new fire station. The Association also extended micro-grants to local businesses planning to reopen in the city of Mexico Beach, contributing to the region's rejuvenation.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
June, 2024
Mexico Beach Artificial Reef Association Inc's impact includes building artificial reefs in the Gulf of Mexico off the coast of Mexico Beach, FL. This not only provides a habitat for marine life but also contributes to the local economy by attracting tourists and fishermen. Additionally, the organization conducts research on artificial reefs and marine biomass, educating the public on the benefits of these reefs to the marine environment. Moreover, their efforts in helping the local area recover from disasters, such as providing grants for hurricane recovery, repairing facilities, and assisting local businesses affected by natural disasters, showcase their commitment to the community's well-being and sustainable development.
This information is meant to be a general summary of Mexico Beach Artificial Reef Association 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: $1,210
- Gross Receipts: $321,323
Assets and Liabilities:
- Total Assets: $517,438
- Total Liabilities: $71,377
- Net Assets: $446,061
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1997
Phone
(615) 479-4763Principal Officer
Robert Cox
Main Address
PO Box 414, Port St Joe, FL, 32457
Website
www.mbara.orgNTEE Category
Code: C32 - Environment
If you are a representative of Mexico Beach Artificial Reef Association Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.