Overview
What is Red Caribena De Varamientos Inc?
Red Caribena De Varamientos Inc is a Puerto Rico-based nonprofit organization with a mission to protect and conserve marine life, primarily focusing on whales, dolphins, and manatees in Puerto Rico and the Caribbean region. The team is committed to carrying out research, rescue, rehabilitation, and educational initiatives to ensure the well-being of these marine animals. They serve as dedicated advocates for their cause, employing a team of one individual, and provide essential services to make a significant impact on marine conservation.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Red Caribena De Varamientos Inc has received a two-star rating from Charity Navigator, indicating that while there are notable strengths, there are significant areas that require attention. With an overall score of 61%, the organization shows a decent performance in culture and community, scoring 79, but struggles in accountability and finance with a score of 59. The program expense ratio of 63.52% demonstrates a commitment to program services, although the liabilities to assets ratio of 4.71% raises concerns about financial stability.
The organization benefits from a strong independent board structure, with 60% of board members being independent and an effective board size. Transparency is evident as they document board meeting minutes and report no material diversion of assets, scoring full points in these areas. Additionally, they are implementing four equity practices, reflecting a commitment to equity strategies with a score of 79 out of 100.
Despite these strengths, the overall need for improvement in financial management and accountability may hinder the organization's effectiveness. Stakeholders may want to monitor these aspects closely to ensure the charity can enhance its performance and impact in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Red Caribena De Varamientos Inc legitimate?
Red Caribena De Varamientos Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Red Caribena De Varamientos 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: $70,427
For more financial information, click here
What is the mission statement of Red Caribena De Varamientos Inc?
Red Caribena De Varamientos Inc is a non-profit organization committed to the research, rescue, rehabilitation, and conservation of marine animals, with a focus on whales, dolphins, and manatees in the Caribbean region. Through their efforts, they aim to make a significant impact on the well-being of these marine fauna and their habitats. Their mission encompasses both hands-on rescue and rehabilitation work as well as educational initiatives to increase awareness and understanding of marine life. By combining scientific investigation, compassionate care, and community engagement, Red Caribena De Varamientos Inc strives to make a positive difference in the lives of marine animals and the ecosystems they inhabit.
Who is the CEO of Red Caribena De Varamientos Inc?
Antonio A Mignucci is the President of Red Caribena De Varamientos Inc.
What is the revenue of Red Caribena De Varamientos Inc?
Red Caribena De Varamientos Inc's revenue in 2022 was $1,144,797.
Who are the executives of Red Caribena De Varamientos Inc and what are their salaries?
The average compensation at Red Caribena De Varamientos Inc during 2022 was $70,427. There is 1 employee and 70 volunteers at Red Caribena De Varamientos Inc.
Here are 5 key members and their salaries:
- Compensation: $35,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $38,400
- Related: $0
- Other: $0
Where can I find the form 990 for Red Caribena De Varamientos Inc?
Red Caribena De Varamientos Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Red Caribena De Varamientos Inc
Red Caribena De Varamientos Inc, a renowned nonprofit organization, is deeply committed to the education, investigation, rescue, and rehabilitation of marine animals, with a particular focus on whales, dolphins, and manatees in the Caribbean region. The mission of this environmental group is twofold: it seeks to conduct research and rescue distressed marine fauna, and it provides rehabilitation and conservation efforts to ensure their survival and wellbeing.
In the field of research, Red Caribena De Varamientos Inc studies the behaviors, habitats, and population trends of various marine species, contributing valuable data to scientific communities and informing conservation strategies. When faced with emergencies, the organization swiftly responds to rescue stranded or injured marine animals, collaborating with local and international partners to provide essential care and support.
The rehabilitation process is a crucial aspect of Red Caribena De Varamientos Inc's mission. Once marine animals have been rescued, the organization provides specialized care to help them regain their strength and abilities. This includes nutritional support, medical treatment, and behavioral training, all with the ultimate goal of reintegrating them back into their natural habitats.
Education plays a significant role in Red Caribena De Varamientos Inc's work. Through various outreach programs and collaborations, the organization raises awareness about the importance of marine conservation and the threats facing these precious creatures. By inspiring and educating the public, Red Caribena De Varamientos Inc fosters a culture of compassion and respect for marine life, empowering individuals to make a positive impact on the world around them.
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Impact
October, 2024
Red Caribena De Varamientos Inc plays a critical role in the preservation and protection of marine life in Puerto Rico and the surrounding Caribbean region. By focusing on research, rescue, rehabilitation, and education, the organization actively contributes to the conservation of vulnerable species such as whales, dolphins, and manatees.
Through its rescue and rehabilitation efforts, the organization provides vital support to injured or stranded marine animals, ensuring they receive the care needed for recovery. This not only helps individual animals but also supports the broader health of marine ecosystems.
Education is another cornerstone of their impact, as they engage and inform the public about the importance of marine conservation. By raising awareness and fostering a sense of responsibility, they encourage community involvement in protecting these species.
Overall, Red Caribena De Varamientos Inc significantly enhances marine conservation efforts, ensuring the sustainability of vital marine fauna in the Caribbean, while also promoting a culture of awareness and stewardship among local communities.
This information is meant to be a general summary of Red Caribena De Varamientos 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: $70
- Gross Receipts: $1,144,797
Assets and Liabilities:
- Total Assets: $402,023
- Total Liabilities: $18,947
- Net Assets: $383,076
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Organization Details
Founding Year
1991
Phone
(787) 279-1912Principal Officer
Antonio A Mignucci
Main Address
PO BOX 361715, San Juan, PR, 00936
NTEE Category
Code: D34 - Animals
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