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Force Blue Inc

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

EIN: 812921674 ✦ Mount pleasant, SC ✦ Designated as a 501(c)(3)

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Overview

What is Force Blue Inc?

Force Blue Inc, located in Mount Pleasant, South Carolina, is a unique nonprofit organization that rehabilitates and re-deploys former special operations veterans and military-trained combat divers for missions in marine conservation. Their mission is twofold: addressing the rapid decline of marine resources globally and aiding in the transition of military personnel to civilian life. By bridging the gap between the specialized skills of veterans and the world of marine science and conservation, Force Blue fosters cooperation, care, and positive change. With a small team of five dedicated individuals, they contribute to both the betterment of our planet's marine ecosystem and the well-being of veterans.


Official website here: www.forceblueteam.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 86%, Three-Star out of Four Star Rating

Force Blue Inc has earned an overall score of 86%, reflecting solid performance in the area of Accountability & Finance. This single beacon score emphasizes the organization's commitment to transparency and responsible financial management, which is crucial for donor trust and sustainability.

The organization boasts a fully independent board with 100% of its members meeting this criterion. Additionally, it has received high marks for its financial oversight, including a full score for both the audit and oversight committee as well as for its policies regarding conflicts of interest and whistleblowing. These factors contribute to a robust governance structure that supports its mission.

However, while the program expense ratio is commendable at 65.08%, this indicates that there is room for improvement in allocating funds directly to program services. Overall, the organization demonstrates strong accountability practices, but stakeholders may want to see further enhancement in program expenditure efficiency to maximize impact.


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

Is Force Blue Inc legitimate?

Force Blue Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Force Blue 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.forceblueteam.org

What is the mission statement of Force Blue Inc?

Force Blue Inc, a unique nonprofit organization, aims to address two pressing issues: the rapid decline of marine resources and the challenges faced by returning combat veterans in adjusting to civilian life. By bringing together the community of special operations veterans with marine science and conservation, Force Blue has developed a program that fosters care, cooperation, and positive change. This initiative not only helps restore the lives of veterans but also works towards the restoration of the planet's marine ecosystems. The organization's veterans are retrained and deployed on missions focused on marine conservation, contributing to research and advocacy efforts for the preservation of marine resources.


Official website here: www.forceblueteam.org

Who is the CEO of Force Blue Inc?

James Ritterhoff is the CEO of Force Blue Inc The CEO's salary of Force Blue Inc is $60,000 and their total compensation is $60,000.


Official website here: www.forceblueteam.org

What is the revenue of Force Blue Inc?

Force Blue Inc's revenue in 2023 was $88,444.


Official website here: www.forceblueteam.org

Who are the executives of Force Blue Inc and what are their salaries?

The average compensation at Force Blue Inc during 2023 was $48,584. There are 5 employees at Force Blue Inc.

Here are 4 key members and their salaries (Force Blue Inc's CEO's salary is $60,000 and their total compensation is $60,000):


James Ritterhoff (President & Ceo)
  • Compensation: $60,000
  • Related: $0
  • Other: $0
Angelo Fiore (Director)
  • Compensation: $60,000
  • Related: $0
  • Other: $0
Keith Sahm (Secretary)
  • Compensation: $60,000
  • Related: $0
  • Other: $0
Ken Roche (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.forceblueteam.org

Where can I find the form 990EZ for Force Blue Inc?

Force Blue Inc's most recent form 990EZ was submitted in 2023 and can be accessed here.


Official website here: www.forceblueteam.org

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

Mission Statement of Force Blue Inc

Force Blue Inc, a unique nonprofit organization, aims to address two pressing issues: the rapid decline of marine resources and the challenges faced by returning combat veterans in adjusting to civilian life. By bringing together the community of special operations veterans with the realm of marine science and conservation, Force Blue Inc has crafted a mission-driven program that fosters care, cooperation, and positive change. This initiative, in turn, seeks to restore lives and revitalize the planet.

Established with a vision to make a significant impact, Force Blue Inc's mission is twofold. Firstly, it provides former special operations veterans and military-trained combat divers with a new purpose and a chance to contribute to a noble cause. By retraining and retooling these veterans in marine conservation, the organization gives them a sense of meaning and purpose in their post-military lives. Secondly, Force Blue Inc focuses on marine conservation, addressing the pressing issue of the world's declining marine resources. The organization's unique model of combining the skills of special operations veterans with the field of marine science and conservation is designed to make a tangible difference in preserving marine ecosystems.

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Impact




July, 2024

Force Blue Inc's impact is profound and unique. It retrains, retools, and redeploys former special operations veterans and military-trained combat divers on missions of marine conservation. By uniting the community of special operations veterans with the world of marine science and conservation, Force Blue addresses the rapidly declining health of our planet's marine resources while also helping combat veterans adjust to civilian life. This innovative approach creates a model of caring, cooperation, and positive change that has the power to restore lives and restore the planet.




This information is meant to be a general summary of Force Blue 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.

Revenue
$88,444 (2023)
Expenses
$398,446 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $7,665
  • Gross Receipts: $102,444

Assets and Liabilities:

  • Total Assets: $481,365
  • Total Liabilities: $157,516
  • Net Assets: $323,849

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Organization Details

Founding Year

2016

Principal Officer

Keith Sahm

NTEE Category

Code: T50 - Philanthropy

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