Overview
What is Reef Fish Conservation And Education Foundation Inc?
The Reef Fish Conservation and Education Foundation Inc is a nonprofit organization based in Galveston, Texas, with the address 1902 Wharf Road. Their primary mission is to preserve and protect reef fish in the Gulf of Mexico through the application of scientific knowledge and educational initiatives. This foundation remains dedicated to ensuring the sustainability of reef fish populations for future generations.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Stars)
Reef Fish Conservation And Education Foundation Inc has achieved a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The overall score is derived entirely from its Accountability & Finance metrics, which stand at 80%. This score reflects the charity's commitment to transparency and responsible financial management.
The organization demonstrates strengths in governance, with 100% of its board members being independent, contributing to effective oversight and decision-making. Additionally, it has no material diversion of assets reported and maintains a robust conflict of interest policy. The program expense ratio is notably high at 94.17%, suggesting that a significant portion of its expenditures directly supports its conservation and education initiatives.
Despite its strengths, the rating highlights that the overall score is based solely on financial metrics, leaving room for improvement in other areas such as impact evaluation and program effectiveness. Overall, the Reef Fish Conservation And Education Foundation Inc shows a commendable level of accountability, but potential donors may want to look for additional information on its program outcomes.
This AI summary has been generated from information found on Charity Navigator.
Is Reef Fish Conservation And Education Foundation Inc legitimate?
Reef Fish Conservation And Education Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Reef Fish Conservation And Education 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.
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What is the mission statement of Reef Fish Conservation And Education Foundation Inc?
The Reef Fish Conservation and Education Foundation Inc is dedicated to preserving and protecting reef fish in the Gulf of Mexico. They accomplish their mission through the application of science and education. The organization's primary goal is to ensure the sustainability of reef fish populations in the Gulf of Mexico. By utilizing scientific research, they work towards implementing effective conservation strategies. Additionally, they prioritize education as a key component of their mission, aiming to raise awareness and foster a deeper understanding of the importance of reef fish and their habitats among the public. Through various educational programs and initiatives, they strive to inspire a sense of stewardship within individuals and communities.
Who is the CEO of Reef Fish Conservation And Education Foundation Inc?
William Cochrane is the President of Reef Fish Conservation And Education Foundation Inc.
What is the revenue of Reef Fish Conservation And Education Foundation Inc?
Reef Fish Conservation And Education Foundation Inc's revenue in 2022 was $291,539.
Who are the executives of Reef Fish Conservation And Education Foundation Inc and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for Reef Fish Conservation And Education Foundation Inc?
Reef Fish Conservation And Education Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Reef Fish Conservation And Education Foundation Inc
The Reef Fish Conservation and Education Foundation Inc is a dedicated organization with a mission to preserve and protect reef fish in the vast waters of the Gulf of Mexico. By employing the power of science and education, this esteemed institution strives to make a significant impact on the conservation of these vital marine species.
In their pursuit of safeguarding reef fish, the Foundation engages in research and educational initiatives. They delve into the intricacies of reef fish biology, behavior, and population dynamics, utilizing this knowledge to inform effective conservation strategies. Additionally, they provide educational resources to various stakeholders, including fishermen, policymakers, and the general public, to promote awareness and understanding of the importance of reef fish and their role in maintaining a healthy marine ecosystem.
The Reef Fish Conservation and Education Foundation Inc is committed to fostering a culture of sustainable fishing practices. Through their science-driven approach, they advocate for evidence-based policies and regulations aimed at ensuring the long-term survival of reef fish populations. By collaborating with other organizations, governmental bodies, and industry experts, they strive to create a unified front in the fight for reef fish preservation in the Gulf of Mexico. Ultimately, their work serves not only to protect these essential marine species but also to contribute to the overall health and balance of the Gulf's rich and diverse ecosystem.
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Impact
October, 2024
Reef Fish Conservation And Education Foundation Inc has a significant impact on the health and sustainability of reef fish populations in the Gulf of Mexico. By focusing on science-based initiatives and educational outreach, the foundation actively works to preserve and protect these vital marine species. Through their efforts, they not only contribute to the ecological balance of the region but also raise awareness about the importance of reef ecosystems.
Their programs foster a deeper understanding of reef fish habitats and promote sustainable practices among local communities and stakeholders. By leveraging scientific research and education, the foundation empowers individuals to take an active role in conservation efforts, thereby enhancing community engagement and environmental stewardship. Overall, their work plays a crucial role in ensuring the longevity of reef fish populations and the overall health of the Gulf of Mexico's marine environment.
This information is meant to be a general summary of Reef Fish Conservation And Education 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.
- Investment Income: $377
- Program Service Revenue: $291,162
- Gross Receipts: $291,539
Assets and Liabilities:
- Total Assets: $1,764,585
- Total Liabilities: $773,054
- Net Assets: $991,531
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Sale of Quota
Revenue
$291,162
Organization Details
Principal Officer
William Cochrane
Main Address
1902 Wharf Road, Galveston, TX, 77550
NTEE Category
Code: D33 - Animals
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