Bay Foundation Of Morro Bay

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 770215847 ✦ Morro bay, CA ✦ Designated as a 501(c)(3)

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Overview

What is Bay Foundation Of Morro Bay?

The Bay Foundation of Morro Bay is a non-regulatory, non-profit organization based in Morro Bay, California. Its mission is to lead in the restoration, enhancement, and protection of the marine resources and watersheds of Morro Bay, Estero Bay, and the Central Coast of California. To achieve this, the foundation brings together local communities, governments, non-profits, agencies, and landowners to collaborate on protecting and restoring the Morro Bay Estuary. The foundation's work includes conducting monitoring and research, restoring natural habitats, and educating residents and visitors on maintaining a clean and healthy estuary. This effort supports a vibrant local economy, healthy residents, and a thriving natural environment. The foundation relies on diverse funding sources, volunteers, and businesses that donate their time and services. The foundation's efforts cover the entire Morro Bay Estuary's watershed, which has a population of approximately 30,000 people. The Bay Foundation of Morro Bay is an active organization with a team of 21 employees.


Official website here: www.bayfoundationmb.org

What are the reviews and ratings of this charity?

Charity Navigator Rating 100% - Four-Star out of Four Star rating

The Bay Foundation of Morro Bay has achieved an outstanding Four-Star rating from Charity Navigator, primarily reflecting its strong performance in accountability and finance. With a perfect score of 100% in this category, the organization demonstrates its commitment to transparency and responsible financial management.

Key strengths include a fully independent board, with all members providing oversight without conflicts of interest, and a high program expense ratio of 85.94%, indicating that the majority of its funds are directed toward its mission-driven activities. The foundation also adheres to comprehensive governance practices, including documented policies for conflict of interest, whistleblower protection, and proper document retention.

Overall, the charity's financial health is solid, as evidenced by a low liabilities-to-assets ratio of 0.80%. While the data does not highlight any significant limitations, the focus on high accountability and effective financial practices suggests that the Bay Foundation of Morro Bay is a well-managed organization dedicated to serving its community.


This AI summary has been generated from information found on Charity Navigator.

Is Bay Foundation Of Morro Bay legitimate?

Bay Foundation Of Morro Bay is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bay Foundation Of Morro Bay 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: $101,061
Professional Fundraising Fees: $0
Other Salaries and Wages: $408,315

For more financial information, click here


Official website here: www.bayfoundationmb.org

What is the mission statement of Bay Foundation Of Morro Bay?

The Bay Foundation of Morro Bay aims to provide leadership in the restoration, enhancement, and protection of marine resources and watersheds along the Central Coast of California, specifically focusing on Morro Bay and Estero Bay. The organization works towards this mission by bringing together various stakeholders, including citizens, local governments, non-profits, agencies, and landowners to preserve and improve the health of the Morro Bay Estuary. The foundation conducts monitoring and research, restores natural habitats, and educates residents and visitors on maintaining clean and healthy waters. A clean and healthy estuary is crucial for the local economy, the health of its residents, and the flourishing of the natural environment. The foundation relies on diverse funding sources, volunteers, and businesses that donate their time and services. The program covers the entire watershed of the Morro Bay Estuary, which has a population of approximately 30,000 people.


Official website here: www.bayfoundationmb.org

Who is the CEO of Bay Foundation Of Morro Bay?

Melodie Grubbs is the President of Bay Foundation Of Morro Bay.


Official website here: www.bayfoundationmb.org

What is the revenue of Bay Foundation Of Morro Bay?

Bay Foundation Of Morro Bay's revenue in 2022 was $2,833,360.


Official website here: www.bayfoundationmb.org

Who are the executives of Bay Foundation Of Morro Bay and what are their salaries?

The average compensation at Bay Foundation Of Morro Bay during 2022 was $24,256. There are 21 employees and 62 volunteers at Bay Foundation Of Morro Bay.


Here are 11 key members and their salaries:


William Henry (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Curtis (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kris Vardas (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Ruggerone (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Edell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sally Krenn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leonard Moothart (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deanna Richards (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shaunna Sullivan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lexie Bell (Executive Director (Until 1/15/2022))
  • Compensation: $90,752
  • Related: $0
  • Other: $2,723
Melodie Grubbs (Executive Director (Started 2/28/22))
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.bayfoundationmb.org

Where can I find the form 990 for Bay Foundation Of Morro Bay?

Bay Foundation Of Morro Bay's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.bayfoundationmb.org

Learn more at the official website: www.bayfoundationmb.org

Mission Statement of Bay Foundation Of Morro Bay

The Bay Foundation of Morro Bay is dedicated to taking a leading role in restoring, enhancing, and protecting the marine resources and watersheds of Morro Bay, Estero Bay, and the Central Coast of California. This non-profit organization brings together various stakeholders, including citizens, local governments, non-profits, agencies, and landowners, to collaboratively protect and restore the Morro Bay Estuary.

The Bay Foundation of Morro Bay's mission is twofold. Firstly, they conduct monitoring and research to gather valuable data about the estuary's health and identify areas for improvement. Secondly, they engage in habitat restoration projects to help rejuvenate the natural environment. Additionally, they educate residents and visitors about maintaining a clean and healthy estuary, which is essential for the well-being of the local economy, residents, and the natural environment.

The Bay Foundation of Morro Bay is a vital force in the Morro Bay Estuary Program, relying on diverse funding sources, numerous volunteers, and businesses that donate their time and services. The program covers the entire watershed, home to approximately 30,000 people. Their collaborative efforts aim to ensure a vibrant and thriving estuary for future generations.

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Impact




June, 2024

The Bay Foundation of Morro Bay plays a crucial role in safeguarding and improving the marine resources and watersheds of Morro Bay, Estero Bay, and the Central Coast of California. Through its leadership in restoration, enhancement, and protection efforts, the foundation contributes to the preservation of these vital ecosystems. By working collaboratively with citizens, local governments, nonprofits, agencies, and landowners, the foundation helps ensure the health and vitality of the Morro Bay Estuary.

The foundation's focus on monitoring, research, habitat restoration, and community education underscores its commitment to fostering a clean and healthy environment. This dedication translates into tangible benefits for the region, including a thriving local economy, the well-being of residents, and the conservation of natural habitats. With support from diverse funding sources, volunteers, and participating businesses, the foundation is able to make a significant impact on a watershed that supports approximately 30,000 people.

Through its efforts, the Bay Foundation of Morro Bay contributes to the overall sustainability and resilience of the Morro Bay Estuary, benefiting both the environment and the community as a whole.




This information is meant to be a general summary of Bay Foundation Of Morro Bay. 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.

Revenue
$2,833,360 (2022)
Expenses
$2,283,896 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,014,889
  • Gross Receipts: $7,997,148

Assets and Liabilities:

  • Total Assets: $21,069,078
  • Total Liabilities: $208,426
  • Net Assets: $20,860,652

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Organization Details

Founding Year

1989

Principal Officer

Melodie Grubbs

Main Address

601 EMBARCADERO STE 11, MORRO BAY, CA, 93442

NTEE Category

Code: C32 - Environment

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