Overview
What is Healthy Aquatics Marine Institute Of Florida Inc?
Healthy Aquatics Marine Institute of Florida Inc, also known as The Reef Institute, is a nonprofit organization based in West Palm Beach, Florida. Their mission revolves around education, aquaculture, and research, utilizing aquariums to promote ocean conservation. The organization offers educational programs for both children and adults, both in-house and through outreach programs. In addition, they provide research and information to professionals in the fields of marine biology and related ecosystems, aiming to contribute to the conservation and sustainability of the ocean. With a staff of 6 individuals, The Reef Institute serves as an essential resource for promoting ocean conservation education and research.
Official website here: www.reefinstitute.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Stars)
Healthy Aquatics Marine Institute of Florida has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The organization scored particularly well in aspects such as board independence, asset management, and program expense ratio, reflecting a commitment to effective governance and resource allocation.
Strengths include a fully independent board with nine members and no material diversion of assets, showcasing transparency and reliability. Additionally, the charity maintains a high program expense ratio, suggesting that a significant portion of its expenditures directly supports its mission-related efforts. These factors contribute positively to its overall score.
However, there are notable limitations, including the absence of whistleblower and document retention policies, which could raise concerns about internal controls and transparency. While the charity excels in several areas, addressing these missing policies would strengthen its governance framework and overall trustworthiness.
This AI summary has been generated from information found on Charity Navigator.
Is Healthy Aquatics Marine Institute Of Florida Inc legitimate?
Healthy Aquatics Marine Institute Of Florida Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Healthy Aquatics Marine Institute Of Florida 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: $60,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $128,463
For more financial information, click here
Official website here: www.reefinstitute.org/
What is the mission statement of Healthy Aquatics Marine Institute Of Florida Inc?
The Healthy Aquatics Marine Institute's mission is geared towards promoting ocean conservation through education, aquaculture, and research, primarily utilizing aquariums. They offer educational programs for both children and adults, both on-site and through outreach programs. Additionally, they provide research and information to professionals in the fields of marine biology and related ecosystems. Their aim is to deliver education and research that leads to the conservation and sustainability of the ocean.
Official website here: www.reefinstitute.org/
Who is the CEO of Healthy Aquatics Marine Institute Of Florida Inc?
Leneita Fix is the Executive Di of Healthy Aquatics Marine Institute Of Florida Inc.
Official website here: www.reefinstitute.org/
What is the revenue of Healthy Aquatics Marine Institute Of Florida Inc?
Healthy Aquatics Marine Institute Of Florida Inc's revenue in 2022 was $474,361.
Official website here: www.reefinstitute.org/
Who are the executives of Healthy Aquatics Marine Institute Of Florida Inc and what are their salaries?
The average compensation at Healthy Aquatics Marine Institute Of Florida Inc during 2022 was $31,410. There are 6 employees and 40 volunteers at Healthy Aquatics Marine Institute Of Florida Inc.
Here are 10 key members and their salaries:
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Official website here: www.reefinstitute.org/
Where can I find the form 990 for Healthy Aquatics Marine Institute Of Florida Inc?
Healthy Aquatics Marine Institute Of Florida Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.reefinstitute.org/
Learn more at the official website: www.reefinstitute.org/
Mission Statement of Healthy Aquatics Marine Institute Of Florida Inc
The Healthy Aquatics Marine Institute of Florida Inc serves as a comprehensive resource for education, aquaculture, and research, utilizing aquariums to promote ocean conservation. Their mission is geared towards providing education and research that will lead to the conservation and sustainability of the ocean. Through in-house and outreach programs, they offer educational opportunities for both school-age children and adults. Additionally, they provide research and information to professionals in the fields of marine biology and related ecosystems. The Institute's efforts are aimed at fostering a deeper understanding of marine life and the importance of preserving our oceans for future generations.
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Impact
July, 2024
Healthy Aquatics Marine Institute Of Florida Inc's impact is centered on education, aquaculture, and research with a focus on promoting ocean conservation. Through their educational programs for both school-age children and adults, as well as outreach initiatives, the organization aims to raise awareness and knowledge about marine biology and related ecosystems. By providing research and information to professionals in the field, the institute contributes to the conservation and sustainability of the ocean. Their mission to educate and conduct research ultimately serves to protect and preserve our oceans for future generations.
This information is meant to be a general summary of Healthy Aquatics Marine Institute Of Florida 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: $59,025
- Gross Receipts: $474,361
Assets and Liabilities:
- Total Assets: $123,030
- Total Liabilities: $44,468
- Net Assets: $78,562
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EDUCATION PROGRAMS
Revenue
$59,025
Organization Details
Founding Year
2016
Phone
(561) 312-2230Principal Officer
Leneita Fix
Main Address
520 24TH STREET, WEST PALM BEACH, FL, 33407
Website
www.reefinstitute.org/NTEE Category
Code: C32 - Environment
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