Overview
What is Marine Aquarium Societies Of North America?
Marine Aquarium Societies of North America (MASNA) is a nonprofit organization based in Atlanta, Georgia. With a small team of one employee, MASNA's primary focus is on education and sustainability in the marine aquarium field. They administer the MASNA Scholarship Program, which grants awards to eligible undergraduate and graduate students pursuing degrees in marine science. MASNA's mission is to foster ethical practices and inform the public about responsible marine aquarium care.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Stars)
The Marine Aquarium Societies of North America has received an 83% rating from Charity Navigator, indicating a solid performance in accountability and finance. This rating is derived solely from their beacon score, which highlights the organization’s strong governance practices, including a fully independent board and no material diversion of assets, reflecting a commitment to transparency and integrity.
Strengths of the organization include a 100% independent board and a favorable liabilities to assets ratio of 6.22%, demonstrating financial stability. The program expense ratio stands at 66.56%, suggesting that a significant portion of their expenses is directed toward their mission-related programs, which is a positive indicator for donors concerned about effective fund allocation.
While the organization scored well overall, the program expense ratio could be improved to maximize impact. Nonetheless, the robust accountability measures in place suggest that the Marine Aquarium Societies of North America is effectively managing its resources and maintaining a high level of trust with its stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Marine Aquarium Societies Of North America legitimate?
Marine Aquarium Societies Of North America is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marine Aquarium Societies Of North America 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: $55,577
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Marine Aquarium Societies Of North America?
Marine Aquarium Societies of North America (MASNA) is dedicated to spreading knowledge and promoting sustainable practices within the marine aquarium hobby. Their mission is to educate, offer assistance, and encourage ethical behavior among enthusiasts. MASNA's primary goal is to provide the public with accurate information on marine aquarium care. In addition, they offer scholarships to undergraduate and graduate students pursuing marine science degrees to further promote the field. By advocating for ethical practices and offering educational resources, MASNA is committed to fostering a responsible and sustainable marine aquarium community.
Who is the CEO of Marine Aquarium Societies Of North America?
Christine Rowe is the President of Marine Aquarium Societies Of North America.
What is the revenue of Marine Aquarium Societies Of North America?
Marine Aquarium Societies Of North America's revenue in 2022 was $325,096.
Who are the executives of Marine Aquarium Societies Of North America and what are their salaries?
The average compensation at Marine Aquarium Societies Of North America during 2022 was $55,577. There is 1 employee and 9 volunteers at Marine Aquarium Societies Of North America.
Here are 2 key members and their salaries:
- Compensation: $55,577
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Marine Aquarium Societies Of North America?
Marine Aquarium Societies Of North America's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Marine Aquarium Societies Of North America
Marine Aquarium Societies of North America, or MASNA, is a nonprofit organization geared towards promoting sustainable marine aquarium practices. The mission of this group is multifaceted, focusing on both education and ethical support. In simpler terms, MASNA works to enlighten the public and its members on the importance of responsible marine aquarium keeping.
MASNA goes above and beyond by offering various programs to further this cause. One such initiative is the MASNA Scholarship Program, where deserving undergraduate and graduate students in the marine science field receive financial awards. This not only supports the academic growth of the students but also strengthens the marine aquarium community as a whole by fostering the next generation of experts.
Moreover, the organization advocates for ethical practices within the marine aquarium hobby. MASNA's efforts help ensure that the collection, transportation, and maintenance of marine species for aquariums is carried out in a responsible and sustainable manner. By doing so, the organization contributes to the overall health and welfare of these aquatic organisms and their habitats. Additionally, MASNA provides educational resources to the public, enabling individuals to make informed decisions when setting up and maintaining their own marine aquariums. This not only benefits the aquarium enthusiasts but also contributes to the broader goal of preserving marine life and their environments.
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Impact
October, 2024
The Marine Aquarium Societies of North America significantly impacts the marine aquarium community by fostering ethical practices and promoting sustainability. Through educational initiatives, the organization raises awareness about responsible marine aquarium practices, ensuring that hobbyists and the general public are well-informed about the ecological implications of aquarium keeping.
One of the key contributions of MASNA is its Scholarship Program, which supports undergraduate and graduate students pursuing marine science. This program not only encourages academic excellence in the field but also cultivates a new generation of marine science professionals who are equipped to address challenges related to marine ecosystems.
By advocating for ethical standards in marine aquaristics, MASNA helps to protect coral reefs and marine habitats, ensuring that the enjoyment of marine aquariums does not come at the expense of environmental health. Ultimately, MASNA plays a vital role in linking education, ethical responsibility, and sustainable practices within the marine aquarium hobbyist community.
This information is meant to be a general summary of Marine Aquarium Societies Of North America. 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.
- Program Service Revenue: $308,082
- Gross Receipts: $325,096
Assets and Liabilities:
- Total Assets: $51,639
- Total Liabilities: $3,212
- Net Assets: $48,427
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Organization Details
Founding Year
2009
Phone
(434) 660-4373Principal Officer
Christine Rowe
Main Address
PO Box 105603 18350, Atlanta, GA, 303485603
NTEE Category
Code: D60 - Animals
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