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← REEF RENEWAL FOUNDATION INTERNATIONAL

Form 990 for tax year 2023

Filed by REEF RENEWAL FOUNDATION INTERNATIONAL.

Totals

Total revenue
$304,500
Total expenses
$230,044
Contributions and grants received
$304,290
Grants paid
$218,913
Program service revenue
$0
Investment income
$210
Other revenue
$0
Total assets, end of year
$142,030
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$142,030
Program services expenses (Part IX)
$219,633
Management and general expenses
$10,411
Fundraising expenses
$0
Program service expenses (Part III)
$219,633

Program services were 95.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $304,290

  • 3 · Investment income

    total $210 · excluded $210

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $218,913 · program services $218,913

  • 11b · Fees: legal

    total $100 · management and general $100

  • 11c · Fees: accounting

    total $3,000 · management and general $3,000

  • 13 · Office expenses

    total $6,464 · management and general $6,464

  • 23 · Insurance

    total $847 · management and general $847

  • 24a · Other expenses: CORAL NURSERY SUPPLIES

    total $720 · program services $720

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $67,574 · end of year $142,030

  • 27 · Net assets without donor restrictions

    beginning of year $0 · end of year $7,175

  • 28 · Net assets with donor restrictions

    beginning of year $67,574 · end of year $134,855

Mission and programs · 2023

Mission

OUR MISSION AT REEF RENEWAL FOUNDATION INTERNATIONAL IS TO INCREASE CORAL COVERAGE AND BIODIVERSITY WORLDWIDE BY SUPPORTING OUR GLOBAL NETWORK OF REEF RESTORATION PROGRAMS. REEF RENEWAL'S NETWORK MEMBERS ARE PROGRAMS THAT ARE LOCALLY LED AND OWNED, BENEFITTING FROM A DEEP UNDERSTANDING OF THE LOCAL CONTEXT AND THE LATEST PRACTICAL RESTORATION TECHNIQUES SHARED ACROSS THE NETWORK. OUR CURRENT NETWORK MEMBERS HAVE PROGRAMS LOCATED IN AUSTRALIA, BONAIRE, CAYMAN ISLANDS, CURACAO, ST VINCENT AND THE GRENADINES AND THE FLORIDA KEYS, USA. OUR FOCUS IS ON FOSTERING PARTNERSHIPS WITHIN OUR NETWORK TO REALIZE OUR SHARED GOALS.

Activities or mission (Part I)

DEVELOPING NEW AND INNOVATIVE WAYS TO RESTORE AND PROTECT CORAL REEFS.

  • DEVELOPING NEW AND INNOVATIVE WAYS TO RESTORE AND PROTECT CORAL REEFS.

    Expenses $219,633 · Grants $218,913

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Jerry Beaty

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • David J Fishman

    DIRECTOR, FOUNDER

    Total calculated
    $0
    Hours/week
    7.5

  • Martin Van Der Valk

    PRESIDENT

    Total calculated
    $0
    Hours/week
    5

  • Paul Coolen

    TREASURER

    Total calculated
    $0
    Hours/week
    7.5

  • Ken Nedimyer

    SECRETARY

    Total calculated
    $0
    Hours/week
    7.5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Provenance

Return type
form_990
Tax year
2023
Filed
11 November 2024
IRS schema version
2023v5.1
Source object
202403169349305470

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