Overview
What is Icare Corporation?
Icare Corporation, based in Islamorada, Florida, is a dedicated nonprofit organization with a focus on coral reef conservation and restoration. They aim to encourage community participation, especially from local businesses, residents, and visitors, in the preservation and maintenance of coral reef communities in the area. Their mission involves citizen science, education, coral transplantation, and continuous monitoring of corals, reef fish, and invertebrates. Their goals are to collect data on factors affecting coral transplant survival, increase coral cover from the current 3-5% to 10% over the next three years, and help restore ecological processes to these reef communities. Additionally, they aim to provide educational outreach opportunities for members of the recreational diving community. With a workforce of two individuals, Icare Corporation is committed to fostering a healthier, more vibrant coral reef ecosystem in Islamorada, Florida.
Official website here: www.icareaboutcoral.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
Icare Corporation has received an overall score of 83%, primarily based on its Accountability & Finance metrics. The organization boasts a perfect score in several key areas, including having 100% independent board members and no material diversion of assets, which indicates a strong governance structure and effective financial management.
Strengths highlighted in user feedback include the high percentage of program expenses, which stands at 98.07%. This suggests that the majority of funds are directed towards programmatic activities rather than administrative costs, reflecting a commitment to fulfilling its mission. Additionally, the organization has clear conflict of interest and whistleblower policies, although it is noted that the whistleblower policy is missing, which could be a concern for some stakeholders.
While the organization performs well in many areas, the lack of a whistleblower policy may indicate a gap in safeguarding against potential misconduct. Overall, Icare Corporation demonstrates strong accountability and financial practices, making it a relatively trustworthy nonprofit, but it may benefit from enhancing its compliance and transparency measures.
This AI summary has been generated from information found on Charity Navigator.
Is Icare Corporation legitimate?
Icare Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Icare Corporation 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: $105,333
For more financial information, click here
Official website here: www.icareaboutcoral.org
What is the mission statement of Icare Corporation?
Icare Corporation's mission is centered around promoting community involvement in the conservation of coral reef ecosystems. The organization aims to encourage local businesses, residents, and visitors to participate in efforts that restore and maintain these vital underwater communities. This is achieved through citizen science, education, coral transplantation, and continuous monitoring of corals, reef fish, and invertebrates. The primary goals for the reef include collecting data on factors affecting coral transplant survival, increasing coral cover from 3-5% to 10% over the next three years, and restoring ecological processes to these reef communities. Additionally, Icare Corporation seeks to expand educational outreach opportunities for members of the recreational diving community.
Official website here: www.icareaboutcoral.org
Who is the CEO of Icare Corporation?
Michael Goldberg is the President of Icare Corporation.
Official website here: www.icareaboutcoral.org
What is the revenue of Icare Corporation?
Icare Corporation's revenue in 2022 was $327,733.
Official website here: www.icareaboutcoral.org
Who are the executives of Icare Corporation and what are their salaries?
The average compensation at Icare Corporation during 2022 was $52,666. There are 2 employees at Icare Corporation.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.icareaboutcoral.org
Where can I find the form 990 for Icare Corporation?
Icare Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.icareaboutcoral.org
Learn more at the official website: www.icareaboutcoral.org
Mission Statement of Icare Corporation
Icare Corporation, a dedicated organization, is focused on incorporating local businesses, residents, and visitors in restoring and maintaining coral reef communities. Their mission is to increase community involvement in reef conservation through citizen science and education, coral transplantation, and continued monitoring of corals, reef fish, and invertebrates.
The primary goal of Icare Corporation is to collect data on the factors impacting coral transplant survival and aim to increase coral cover from the current 3-5% to 10% over the next three years. Their ultimate objective is to help restore ecological processes within these reef communities. Furthermore, they strive to increase educational outreach opportunities for members of the recreational diving community.
In essence, Icare Corporation is committed to fostering a stronger connection between the community and the preservation of coral reefs. Through their efforts, they hope to not only protect these vital ecosystems but also educate and engage individuals in their conservation and restoration.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
June, 2024
Icare Corporation's impact revolves around the conservation and restoration of coral reef communities in Islamorada, Florida. Through their efforts, they aim to increase community involvement in reef conservation through citizen science and education, coral transplantation, and ongoing monitoring of corals, reef fishes, and invertebrates. Their goals include collecting data on factors affecting coral transplant survival, increasing coral cover from 3-5% to 10% over the next three years, and restoring ecological processes to reef communities. Additionally, they focus on enhancing educational outreach opportunities for members of the recreational diving community. Their work is crucial in promoting environmental sustainability and protecting marine ecosystems.
This information is meant to be a general summary of Icare Corporation. 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.
- Gross Receipts: $327,733
Assets and Liabilities:
- Total Assets: $241,498
- Total Liabilities: $6,865
- Net Assets: $234,633
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2021
Phone
(305) 908-7020Principal Officer
Michael Goldberg
Main Address
79851 OVERSEAS HWY, ISLAMORADA, FL, 33036
Website
www.icareaboutcoral.orgNTEE Category
Code: C32 - Environment
If you are a representative of Icare Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.