Overview
What is Hubbs Florida Ocean Fund Inc?
Hubbs Florida Ocean Fund Inc is a California-based nonprofit organization dedicated to advancing scientific understanding of Florida's ocean, estuarine, and coastal regions. They collect data to develop objective, common-sense solutions to complex marine and coastal problems facing Florida. Through research and education programs, they contribute to the growth of Florida's knowledge economy while investigating the economic benefits and public use of the state's ocean, estuarine, and coastal resources. The organization grants funds to various organizations to further their mission.
What are the reviews and ratings of this charity?
Charity Navigator Rating 79% - Three-Star out of Four Star Rating
Hubbs Florida Ocean Fund Inc has received a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance based on the most recent fiscal year's data. The charity excels in several areas, including having a fully independent board of directors consisting entirely of independent members, which enhances governance and oversight.
The organization's financial practices are commendable, as indicated by a program expense ratio of 100%, signifying that all its expenses are directed towards its programs and mission. Moreover, the charity has established comprehensive policies, including conflict of interest and whistleblower protections, which contribute to its operational transparency and accountability.
However, while the organization scores well in these aspects, the overall rating is solely derived from the accountability and finance beacon, suggesting that there may be limited information available regarding its effectiveness in program outcomes or impact. This could be an area for future improvement to provide a more holistic view of the charity's performance.
This AI summary has been generated from information found on Charity Navigator.
Is Hubbs Florida Ocean Fund Inc legitimate?
Hubbs Florida Ocean Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hubbs Florida Ocean Fund 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
What is the mission statement of Hubbs Florida Ocean Fund Inc?
The Hubbs Florida Ocean Fund Inc is dedicated to addressing intricate marine and coastal issues confronting Florida. By gathering scientific data, they work towards implementing effective, practical solutions. Their initiatives extend to creating research and education programs that contribute to the growth and diversification of Florida's knowledge economy. The organization also investigates the economic advantages and public utilization of Florida's ocean, estuary, and coastal resources.
Who is the CEO of Hubbs Florida Ocean Fund Inc?
Donald B Kent is the Trustee of Hubbs Florida Ocean Fund Inc.
What is the revenue of Hubbs Florida Ocean Fund Inc?
Hubbs Florida Ocean Fund Inc's revenue in 2023 was $395,231.
Who are the executives of Hubbs Florida Ocean Fund Inc and what are their salaries?
There 5 volunteers at Hubbs Florida Ocean Fund Inc.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $206,808
- Other: $25,736
- Compensation: $0
- Related: $59,532
- Other: $14,828
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Hubbs Florida Ocean Fund Inc?
Hubbs Florida Ocean Fund Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Hubbs Florida Ocean Fund Inc
Hubbs Florida Ocean Fund Inc is a non-profit organization dedicated to gathering scientific data and implementing practical, science-based solutions to intricate marine and coastal issues that Florida faces. With a focus on objective and sensible approaches, the organization aims to create research and education programs that contribute to the growth and diversification of Florida's knowledge economy. Hubbs Florida Ocean Fund Inc takes on the responsibility of investigating the economic benefits and public use of Florida's ocean, estuaries, and coastal resources.
In pursuit of its mission, Hubbs Florida Ocean Fund Inc collects essential scientific data and utilizes it to develop and execute programs designed to address complex marine and coastal problems. The organization is committed to fostering a culture of innovation and collaboration, working towards finding effective and sustainable solutions that will benefit the state of Florida. Moreover, the creation of research and education programs is a significant aspect of the organization's mission, contributing to the advancement of scientific knowledge and the development of new opportunities within Florida's knowledge economy.
Hubbs Florida Ocean Fund Inc's research extends beyond the scientific aspects, as it also explores the economic benefits and public use of Florida's ocean, estuary, and coastal resources. By combining scientific research with economic analysis, the organization is able to provide a comprehensive understanding of the value and importance of these resources, ultimately contributing to informed decision-making and lasting solutions.
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Impact
October, 2024
Hubbs Florida Ocean Fund Inc significantly impacts Florida's marine and coastal environments through comprehensive scientific research and targeted educational programs. By collecting and analyzing scientific data, the organization fosters the implementation of common-sense solutions addressing complex marine challenges. Their initiatives are geared toward enhancing the understanding of Florida's ocean, estuarine, and coastal ecosystems, leading to improved conservation strategies for habitats and wildlife.
Through grants and strategic partnerships, Hubbs Florida Ocean Fund invests in research that not only uncovers vital information about coastal resources but also highlights their economic benefits and public uses. This multifaceted approach contributes to the development and diversification of Florida's knowledge economy, ensuring that both the environment and the communities reliant on it are supported sustainably. By prioritizing scientific solutions, the organization plays a crucial role in safeguarding Florida’s rich marine resources for future generations.
This information is meant to be a general summary of Hubbs Florida Ocean Fund 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 2023.
- Investment Income: $15
- Gross Receipts: $395,231
Assets and Liabilities:
- Total Assets: $41,827
- Total Liabilities: $39,710
- Net Assets: $2,117
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Organization Details
Founding Year
2004
Phone
(619) 226-3870Principal Officer
Donald B Kent
Main Address
2595 INGRAHAM STREET, SAN DIEGO, CA, 92109
NTEE Category
Code: D05 - Animals
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