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Coral Reef Research Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 954316261 ✦ San diego, CA ✦ Designated as a 501(c)(3)

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Overview

What is Coral Reef Research Foundation?

The Coral Reef Research Foundation is a nonprofit organization, headquartered in San Diego, California, that is dedicated to marine science research. Its primary focus lies within the realms of biological and life sciences, under the leadership of Director Patrick L Colin. This organization is committed to advancing our understanding of coral reefs and marine ecosystems through rigorous research.


Official website here: www.coralreefpalau.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 47%, Zero-Star out of Four Star rating.

The Coral Reef Research Foundation has received a low rating primarily due to significant shortcomings in accountability and finance practices. With a score of 47%, the organization does not have any independent board members and has failed to provide essential financial statements. Consequently, this raises concerns about transparency and governance effectiveness.

Despite a high program expense ratio of 65.67%, indicating that a substantial portion of its resources is directed towards its mission-related activities, the lack of independent oversight and missing policies such as conflict of interest and whistleblower protections are serious limitations. These issues suggest potential risks in organizational management and financial integrity.

While the foundation is recognized for its commitment to coral reef research, the overall governance structure and transparency must be improved for greater trust and accountability. The absence of crucial documents on its website further underscores the need for enhancements in its operational practices.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Coral Reef Research Foundation?

3 reviewers on Facebook have expressed their opinions about the Coral Reef Research Foundation, although they have not provided a rating yet. Here is a summary of their insights:

The dedication of the scientific team has received commendation, with users highlighting their commitment to ongoing research and the impact they aim to make. One reviewer specifically noted the inspiring nature of the team and their determination to contribute positively to coral reef conservation.

While the number of reviews is limited, the sentiments expressed reflect a strong sense of appreciation for the Foundation's efforts and objectives. Overall, it appears that the nonprofit is seen as a promising organization devoted to essential environmental work.


This AI summary has been generated from reviews found on Facebook.

Is Coral Reef Research Foundation legitimate?

Coral Reef Research Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Coral Reef 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: $9,640
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.coralreefpalau.org

What is the mission statement of Coral Reef Research Foundation?

The Coral Reef Research Foundation focuses on conducting extensive research within the realm of marine science, specifically in the fields of biological and life sciences. Their primary objective is to contribute to the advancement of knowledge in these areas, aiming to shed light on various aspects of marine life. The foundation's mission does not involve direct interaction with the public or specific locations, but rather, it is dedicated to the pursuit of marine science research.


Official website here: www.coralreefpalau.org

Who is the CEO of Coral Reef Research Foundation?

Patrick L Colin - Director is the Secretary/Treas of Coral Reef Research Foundation.


Official website here: www.coralreefpalau.org

What is the revenue of Coral Reef Research Foundation?

Coral Reef Research Foundation's revenue in 2023 was $1,415,533.


Official website here: www.coralreefpalau.org

Who are the executives of Coral Reef Research Foundation and what are their salaries?

The average compensation at Coral Reef Research Foundation during 2023 was $9,640. There is 1 employee at Coral Reef Research Foundation.


Here are 5 key members and their salaries:


Lori Jb Colin - Director (Secretary/Treas)
  • Compensation: $9,640
  • Related: $0
  • Other: $0
Patrick L Colin - Director (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Terrill (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Margo Haygood (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Carlson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.coralreefpalau.org

Where can I find the form 990 for Coral Reef Research Foundation?

Coral Reef Research Foundation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.coralreefpalau.org

Learn more at the official website: www.coralreefpalau.org

Mission Statement of Coral Reef Research Foundation

The Coral Reef Research Foundation, as its name suggests, is dedicated to conducting extensive research in the field of marine science, specifically focusing on biological and life sciences. This nonprofit organization, led by Director Patrick L Colin, is committed to making significant contributions to our understanding of the ocean's intricate ecosystems. By delving into the mysteries of the marine world, the Coral Reef Research Foundation aims to advance scientific knowledge and contribute to the conservation of coral reefs and other marine life forms. The organization's mission is to unravel the complexities of marine life, thereby contributing to the broader scientific community and fostering a greater appreciation for the ocean's biodiversity.

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Impact




July, 2024

Coral Reef Research Foundation's impact lies in advancing marine science research, particularly in the field of biological and life sciences. Their work contributes to a better understanding of coral reefs and marine ecosystems, ultimately supporting conservation efforts and sustainable management practices. Director Patrick L Colin leads the foundation in their mission to conduct valuable research that enhances our knowledge of marine environments and promotes community improvement.




This information is meant to be a general summary of Coral Reef 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.

Revenue
$1,415,533 (2023)
Expenses
$1,045,321 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $1,415,533

Assets and Liabilities:

  • Total Assets: $1,509,038
  • Total Liabilities: $13,273
  • Net Assets: $1,495,765

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Organization Details

Principal Officer

Patrick L Colin - Director

Main Address

6050 SANTO ROAD STE 170, SAN DIEGO, CA, 92124

NTEE Category

Code: S40Z - Community improvement

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