Overview
What is Reef Ball Foundation Inc?
Reef Ball Foundation Inc is a nonprofit organization dedicated to rehabilitating ocean reef ecosystems and protecting natural reef systems using artificial reef technology. Based on the provided information, they utilize Reef Balls, which are artificial modules placed in the ocean to form reef habitats. The Foundation has partnerships with various organizations and communities worldwide, including Tampa Bay Watch in Florida, Mid-Shore Fishing Club in Maryland, Friends of Rough Lake in Kentucky, and Mwambao Coastal Community Network in Tanzania, among others. Their projects range from constructing and deploying Reef Balls to create new habitats, conducting coral transplant training, and collaborating on research initiatives. The Foundation's mission is to contribute to the overall health and biodiversity of the world's oceans.
Official website here: www.reefballfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
The Reef Ball Foundation, earning an 81% score on Charity Navigator, demonstrates significant strengths in its leadership and impact. With a perfect score of 100 in Leadership & Adaptability and a commendable 85 in Impact & Measurement, the organization showcases its capacity to adapt and effectively measure the outcomes of its projects. Additionally, a high program expense ratio of 81.17% indicates that a substantial portion of its funds is utilized directly for program services, a positive sign of financial prudence.
User reviews overwhelmingly reflect widespread appreciation for the foundation's commitment to marine conservation. Volunteers and members of the public praise the organization for its impactful projects, such as creating artificial reefs that restore marine habitats and protect coastlines. Many reviews highlight the dedication of the staff and volunteers, noting how their work not only contributes to environmental health but also engages and educates local communities, particularly youth.
However, the foundation does have areas for improvement, particularly in governance. The absence of a conflict of interest policy, whistleblower policy, and document retention policy was noted. While the organization is mostly supported by an independent board, enhancing its accountability practices could further strengthen its operations and transparency. Overall, the Reef Ball Foundation is recognized as a vital player in marine conservation and community engagement.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Reef Ball Foundation Inc legitimate?
Reef Ball Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Reef Ball Foundation 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: $164,900
Professional Fundraising Fees: $0
Other Salaries and Wages: $24,711
For more financial information, click here
Official website here: www.reefballfoundation.org
What is the mission statement of Reef Ball Foundation Inc?
The Reef Ball Foundation Inc is dedicated to rehabilitating ocean reef ecosystems and protecting natural reef systems using Reef Ball artificial reef technologies. Reef Balls are artificial reef modules placed in the ocean to form habitat. The organization's efforts have resulted in the construction of Reef Balls and shell bars to bolster shorelines, improve water quality, and restore natural environments. Partnerships with organizations like Tampa Bay Watch and Mid-Shore Fishing Club have led to the deployment of thousands of Reef Balls, creating new habitats for various marine species and enhancing overall biodiversity. The foundation's mission is to bring back ocean ecosystems and mitigate issues like erosion using this innovative technology.
Official website here: www.reefballfoundation.org
Who is the CEO of Reef Ball Foundation Inc?
Katherine Kirbo is the Board Chairman of Reef Ball Foundation Inc.
Official website here: www.reefballfoundation.org
What is the revenue of Reef Ball Foundation Inc?
Reef Ball Foundation Inc's revenue in 2022 was $358,395.
Official website here: www.reefballfoundation.org
Who are the executives of Reef Ball Foundation Inc and what are their salaries?
The average compensation at Reef Ball Foundation Inc during 2022 was $94,806. There are 2 employees and 11 volunteers at Reef Ball Foundation Inc.
Here are 13 key members and their salaries:
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Official website here: www.reefballfoundation.org
Where can I find the form 990 for Reef Ball Foundation Inc?
Reef Ball Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.reefballfoundation.org
Learn more at the official website: www.reefballfoundation.org
Mission Statement of Reef Ball Foundation Inc
The Reef Ball Foundation Inc is dedicated to rehabilitating ocean reef ecosystems and protecting natural reef systems through the use of Reef Ball artificial reef technologies. Reef Balls are artificial reef modules placed in the ocean to form habitats that mimic natural reef communities. This nonprofit organization's mission is to restore damaged reefs and promote new growth, ultimately improving water quality and providing essential food sources for various marine species.
Through partnerships with various organizations and communities, the Reef Ball Foundation Inc constructs and deploys these artificial reefs in diverse locations around the world. For instance, in Tampa Bay, Florida, the foundation collaborated with Tampa Bay Watch to construct and deploy Reef Balls, promoting oyster growth and stabilizing shorelines. Similarly, in Maryland, the Mid-Shore Fishing Club has been building Reef Balls for over a decade, transporting and deploying them to enhance marine habitats and increase fishermen's catch.
The Reef Ball Foundation Inc's innovative approach to marine conservation has garnered significant attention and support from numerous partners, enabling the organization to make a substantial impact on reef ecosystems and the lives of local communities. Their collaborative efforts not only create new habitats for numerous marine species but also contribute to economic growth by increasing the productivity of fishing sites.
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Impact
October, 2024
Reef Ball Foundation Inc. has made significant strides in rehabilitating ocean reef ecosystems and protecting natural reef systems through the innovative use of Reef Balls—artificial reef modules designed to enhance marine habitats. These initiatives have been instrumental across various regions globally, impacting both local environments and communities.
In Tampa Bay, for example, partnerships with organizations like Tampa Bay Watch have led to the construction of Reef Balls and shell bars, effectively bolstering shorelines against erosion, improving water quality, and facilitating the growth of new habitats for marine species. Such efforts have enhanced the biodiversity and ecological health of this vital estuarine ecosystem.
Across the United States, collaborations with fishing clubs and conservation organizations have resulted in the deployment of Reef Balls that support marine life. In Maryland, the Mid-Shore Fishing Club has been building and deploying these structures for over 15 years, creating essential habitats that enhance fish populations and biodiversity.
Internationally, the impact of Reef Balls extends to regions in Japan, where projects are focused on restoring marine ecosystems and mitigating beach erosion. Initiatives in Tanzania involve training local communities to use Reef Balls to revive coral reefs damaged by destructive fishing practices, fostering sustainable fishing practices in the region.
The Sarawak Reef Ball Project in Malaysia has reported increased fish stocks, which directly benefits local fishermen and improves their livelihoods. Similarly, projects in the Philippines have seen thousands of Reef Balls deployed, along with extensive coral planting and mangrove reforestation efforts, all aimed at restoring marine ecosystems.
In addition to physical habitat restoration, outreach and educational efforts like those in Maryland showcase the critical role that oysters play in regional ecosystems, engaging students and community members in hands-on learning experiences.
Overall, Reef Ball Foundation Inc.’s work embodies a holistic approach to ocean ecosystem restoration, combining technology, local community involvement, and partnerships to create resilient marine environments that sustain both wildlife and local economies.
This information is meant to be a general summary of Reef Ball Foundation 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.
- Program Service Revenue: $321,923
- Gross Receipts: $358,395
Assets and Liabilities:
- Total Assets: $324,472
- Total Liabilities: $431
- Net Assets: $324,041
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROJECT INCOME
Revenue
$321,923
Organization Details
Founding Year
1993
Phone
(706) 714-4399Principal Officer
Katherine Kirbo
Main Address
890 HILL STREET, ATHENS, GA, 30606
Website
www.reefballfoundation.orgNTEE Category
Code: D33 - Animals
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