Overview
What is Aquatic Research Foundation?
The Aquatic Research Foundation is a charitable nonprofit organization based in Gulfport, Mississippi. It is affiliated with the Mississippi Aquarium Operating Entity, a publicly supported organization under Section 501(C)(3) of the tax code. The foundation's primary mission is to contribute to the Mississippi Aquarium and support its charitable, scientific, and educational purposes. By working in conjunction with the Mississippi Aquarium, the Aquatic Research Foundation aims to make a positive impact through the functions and objectives of the aquarium, as determined by the foundation's board.
Official website here: www.msaquarium.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating.
The Aquatic Research Foundation has received a Two-Star rating from Charity Navigator, indicating a need for improvement in certain areas of accountability and transparency. Although the organization scores well in aspects such as having a majority of independent board members and a good program expense ratio, there are significant weaknesses, particularly concerning their document retention policies and the absence of a whistleblower policy.
Strengths include a complete board of independent members and a solid performance in managing assets and liabilities, which highlights good financial practices. However, the organization falls short in transparency as evidenced by the lack of posted tax forms and the absence of comprehensive policies for whistleblowing and document retention. These factors contribute to the overall rating, suggesting that potential donors may want to consider these limitations before contributing.
This AI summary has been generated from information found on Charity Navigator.
Is Aquatic Research Foundation legitimate?
Aquatic Research Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aquatic Research Foundation 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.msaquarium.org
What is the mission statement of Aquatic Research Foundation?
The Aquatic Research Foundation is a charitable organization, classified under Section 501(c)(3) of the tax code, with ties to the Mississippi Aquarium Operating Entity. Its primary objectives are charitable, scientific, and educational in nature, aiming to benefit and support the Mississippi Aquarium's purposes. The foundation operates with the discretion of its board to carry out these goals in various ways. The Aquatic Research Foundation is dedicated to contributing to the advancement of its affiliated organization by fulfilling its charitable, scientific, and educational functions.
Official website here: www.msaquarium.org
Who is the CEO of Aquatic Research Foundation?
Traci Havelin is the President/Ceo of Aquatic Research Foundation. The CEO's salary of Aquatic Research Foundation is $0 and their total compensation is $0.
Official website here: www.msaquarium.org
What is the revenue of Aquatic Research Foundation?
Aquatic Research Foundation's revenue in 2022 was $0.
Official website here: www.msaquarium.org
Who are the executives of Aquatic Research Foundation and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.msaquarium.org
Where can I find the form 990 for Aquatic Research Foundation?
Aquatic Research Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.msaquarium.org
Learn more at the official website: www.msaquarium.org
Mission Statement of Aquatic Research Foundation
The Aquatic Research Foundation, a charitable organization described under Section 501(c)(3) of the Code, is affiliated with the Mississippi Aquarium Operating Entity. With a mission to operate exclusively for charitable, scientific, and educational purposes, the Aquatic Research Foundation aims to support and further the objectives of the Mississippi Aquarium in various ways, as determined by its board.
In simpler terms, the Aquatic Research Foundation functions as an integral part of the Mississippi Aquarium, working to promote charitable, scientific, and educational initiatives. By carrying out the purposes of the Mississippi Aquarium, the foundation contributes to enriching the public's understanding and appreciation of aquatic life and related environmental issues. Through its charitable endeavors, the Aquatic Research Foundation strives to make a positive impact on the community and beyond.
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Impact
October, 2024
The Aquatic Research Foundation significantly contributes to the advancement of scientific knowledge and education related to aquatic ecosystems. By supporting the operations of the Mississippi Aquarium, the foundation promotes essential research and educational initiatives that benefit both the local community and broader ecological understanding.
Through its charitable efforts, the foundation enhances educational programs that foster awareness about aquatic life and conservation. This impact helps cultivate a deeper appreciation for marine environments among visitors, thereby encouraging responsible stewardship of aquatic resources. Additionally, the foundation's commitment to scientific research aids in the exploration and understanding of aquatic species and their habitats, ultimately informing conservation strategies and policy decisions.
Located in Gulfport, MS, the Aquatic Research Foundation plays a vital role in establishing the Mississippi Aquarium as a hub for learning and discovery. By facilitating access to scientific resources and educational experiences, the foundation helps bridge the gap between research and public engagement, ensuring that knowledge about aquatic ecosystems is not only preserved but actively disseminated for future generations.
This information is meant to be a general summary of Aquatic Research Foundation. 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.
Assets and Liabilities:
- Total Assets: $5,001,611
- Total Liabilities: $303
- Net Assets: $5,001,308
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Organization Details
Founding Year
2016
Phone
(228) 205-2557Principal Officer
Traci Havelin
Main Address
PO BOX 1100, GULFPORT, MS, 39502
Website
www.msaquarium.orgNTEE Category
Code: D11 - Animals
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