Form 990 for tax year 2022
Filed by BIMINI BIOLOGICAL FIELD STATION FOUNDATION INC.
Totals
- Total revenue
- $992,680
- Total expenses
- $663,340
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $992,507
- Investment income
- $173
- Other revenue
- $0
- Total assets, end of year
- $1,916,378
- Total liabilities, end of year
- $28,267
- Net assets or fund balances, end of year
- $1,888,111
- Program services expenses (Part IX)
- $585,419
- Management and general expenses
- $77,921
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $585,419
Program services were 88.3% 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.
-
2a · Program service revenue: GRANT- OCEAN MOKUM
total $470,000 · excluded $470,000
-
2b · Program service revenue: COURSE INCOME
total $194,713 · excluded $194,713
-
2c · Program service revenue: DONATIONS
total $119,278 · excluded $119,278
-
2d · Program service revenue: GRANT-SAVE OUR SEAS
total $100,000 · excluded $100,000
-
2e · Program service revenue: RESEARCH EXPERIENCE
total $39,096 · excluded $39,096
-
2f · All other program service revenue
total $69,420 · excluded $69,420
-
3 · Investment income
total $173 · excluded $173
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $73,600 · program services $73,600
-
7 · Other salaries and wages
total $45,355 · program services $45,355
-
10 · Payroll taxes
total $9,100 · program services $6,288 · management and general $2,812
-
11b · Fees: legal
total $5,784 · management and general $5,784
-
11c · Fees: accounting
total $6,974 · management and general $6,974
-
11g · Fees: other
total $193,450 · program services $181,524 · management and general $11,926
-
12 · Advertising and promotion
total $79 · management and general $79
-
13 · Office expenses
total $21,998 · program services $6,902 · management and general $15,096
-
16 · Occupancy
total $60,955 · program services $52,744 · management and general $8,211
-
17 · Travel
total $196,868 · program services $196,868
-
22 · Depreciation, depletion and amortization
total $22,138 · program services $22,138
-
23 · Insurance
total $26,939 · management and general $26,939
-
24a · Other expenses: CONTRIBUTION
total $100 · management and general $100
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $21,134 · end of year $20,153
-
2 · Savings and temporary cash investments
beginning of year $866,700 · end of year $1,052,197
-
4 · Accounts receivable
beginning of year $66,396 · end of year $56,532
-
10a · Land, buildings and equipment: cost or other basis
$958,291
-
10b · Land, buildings and equipment: accumulated depreciation
$170,795
-
10c · Land, buildings and equipment, net
beginning of year $646,675 · end of year $787,496
-
17 · Accounts payable and accrued expenses
beginning of year $33,255 · end of year $28,267
-
27 · Net assets without donor restrictions
beginning of year $1,567,650 · end of year $1,888,111
Mission and programs · 2022
Mission
TO ADVANCE THE KNOWLEDGE OF THE BIOLOGY OF MARINE ANIMALS ESPECIALLY THE HEAVILY IMPACTED ELASMOBRANCH FISH FAUNA (SHARKS AND RAYS); TO EDUCATE FUTURE SCIENTISTS AT THE UNDERGRADUATE AND GRADUATE LEVELS; AND TO DISSEMINATE OUR RESEARCH RESULTS TO ADVANCE THE FIELD OF MARINE SCIENCE AND CONVERSATION BIOLOGY, AS WELL AS RAISE PUBLIC PERCEPTION AND AWARENESS OF SHARKS AND OTHER MARINE SPIECIES.
-
FORM 990, SCHEDULE O, PART III, LINE 4A-EXEMPT PURPOSE ACCOMPLISHMENTS: TRAINING AND EDUCATION TO ADVANCE THE KNOWLEDGE OF MARINE ANIMALS ESPECIALLY THE HEAVILY IMPACTED ELASMOBRANCH FISH FAUNA (SHARKS AND RAYS); AND TO DISSEMINATE THE RESEARCH RESULTS TO ADVANCE THE FIELD OF MARINE SCIENCE AND CONVERSATION BIOLOGY; AND TO RAISE PUBLIC PERCEPTION AND AWARENESS OF SHARKS AND OTHER MARINE SPIECIES.
Expenses $585,419 · Revenue $992,507
-
PROGRAM REVENUES INCLUDE GRANTS THAT ARE NOT RESTRICTED AND ARE NOT GOVERNMENT GRANTS. OTHER PROGRAM EXPENSES ARE MADE UP OF DEPRECIATION ON EQUIPMENT USED FOR MARINE RESEARCH AND RELATED ADMINISTRATIVE COSTS.
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
MATTHEW SMUKALL
PRESIDENT
- Total calculated
- $73,600
- From this org
- $73,600
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
DR BRIAN FRANKS
VICE CHAIRMA
- Total calculated
- $0
-
DR RALPH GRUBBS
DIRECTOR
- Total calculated
- $0
-
PROFESSOR AYA GRUBER
DIRECTOR
- Total calculated
- $0
-
DR STEVE KESSEL
CHAIRMAN OF
- Total calculated
- $0
-
MICHAEL SCHOLL
DIRECTOR
- Total calculated
- $0
-
DUNCAN BRAKE
TREASURER
- Total calculated
- $0
-
DR KEVIN FELDHEIM
SECRETARY
- Total calculated
- $0
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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 25 August 2023
- IRS schema version
- 2022v5.0
- Source object
- 202322509349301512
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