Totals
- Total revenue
- $1,914,249
- Total expenses
- $2,608,455
- Contributions and grants received
- $1,905,069
- Grants paid
- $17,087
- Program service revenue
- $0
- Investment income
- $7,589
- Other revenue
- $1,591
- Total assets, end of year
- $2,821,329
- Total liabilities, end of year
- $32,465
- Net assets or fund balances, end of year
- $2,788,864
- Program services expenses (Part IX)
- $1,848,721
- Management and general expenses
- $286,636
- Fundraising expenses
- $473,098
- Program service expenses (Part III)
- $1,848,721
Program services were 70.9% 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.
-
1e · Government grants (contributions)
$67,663
-
1f · All other contributions, gifts and grants
$1,837,406
-
3 · Investment income
total $7,589 · excluded $7,589
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: FX exchange gain
total $1,591 · excluded $1,591
-
11e · Other revenue, total
$1,591
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $17,087 · program services $17,087
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $190,437 · program services $133,306 · management and general $19,044 · fundraising $38,087
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $661,066 · program services $368,424 · management and general $145,634 · fundraising $147,008
-
8 · Pension plan contributions
total $14,413 · program services $3,712 · management and general $9,203 · fundraising $1,498
-
9 · Other employee benefits
total $41,433 · program services $6,274 · management and general $11,200 · fundraising $23,959
-
10 · Payroll taxes
total $106,060 · program services $68,901 · management and general $24,706 · fundraising $12,453
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $36,879 · management and general $36,879
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $1,027,914 · program services $856,420 · management and general $19,477 · fundraising $152,017
-
12 · Advertising and promotion
total $17,667 · program services $2,349 · management and general $38 · fundraising $15,280
-
13 · Office expenses
total $122,200 · program services $118,775 · management and general $2,084 · fundraising $1,341
-
14 · Information technology
total $34,503 · program services $27,444 · management and general $3,536 · fundraising $3,523
-
15 · Royalties
total $0
-
16 · Occupancy
total $28,025 · program services $28,025
-
17 · Travel
total $245,240 · program services $178,557 · management and general $2,648 · fundraising $64,035
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $49,833 · program services $36,418 · management and general $27 · fundraising $13,388
-
20 · Interest
total $2,110 · management and general $2,110
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $9,889 · management and general $9,380 · fundraising $509
-
24a · Other expenses: Dues and other charges
total $3,699 · program services $3,029 · management and general $670
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $176,709 · end of year $667,539
-
2 · Savings and temporary cash investments
beginning of year $1,190,784 · end of year $430,803
-
3 · Pledges and grants receivable
beginning of year $2,174,505 · end of year $350,000
-
4 · Accounts receivable
end of year $33,940
-
5 · Loans and receivables from officers and key people
beginning of year $1,049 · end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
beginning of year $10,059 · end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $3,165 · end of year $7,461
-
10c · Land, buildings and equipment, net
beginning of year $10,500 · end of year $0
-
11 · Investments: publicly traded securities
beginning of year $394 · end of year $1,293,386
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $19,403 · end of year $38,200
-
17 · Accounts payable and accrued expenses
beginning of year $88,095 · end of year $32,465
-
25 · Other liabilities
beginning of year $15,403
-
27 · Net assets without donor restrictions
beginning of year $1,020,801 · end of year $524,817
-
28 · Net assets with donor restrictions
beginning of year $2,462,269 · end of year $2,264,047
Mission and programs · 2024
Mission
OneReefs mission is to ensure healthy ocean ecosystems and thriving coastal communities across the Pacific.
Activities or mission (Part I)
Partner with island communities to combine traditional stewardship and modern resources to protect coral reefs.
-
The Organization provides a single, integrated program of marine conservation and climate resilience services across Pacific Island nations, primarily in the region of Micronesia. This program is delivered through five interrelated focus areas, which represent key activities within the overall initiative. The Organization partners with local communities, traditional leaders, and regional organizations to provide scientific, technical, and financial support. Its approach is rooted in long-term collaboration, cultural respect, and building local capacity to sustainably manage and protect coral reef ecosystems.The five focus areas are:- Traditional Governance and Cultural StewardshipThis area reinforces the leadership role of customary governance systems and cultural frameworks in managing natural resources. The Organization works alongside traditional leaders and communities to integrate local knowledge together with cultural values and practices into conservation efforts, ensuring strategies are aligned with identity, heritage, and collective responsibility.- Education, Youth Engagement, and Knowledge TransferThis area strengthens future stewardship; the Organization supports initiatives that promote environmental education, intergenerational learning, and youth leadership. This focus area connects traditional and scientific knowledge, fostering a culture of conservation through educational institutions and community learning environments.- Natural Resource Management and Sustainable UseThis area focuses on assisting communities in developing and applying strategies that support the sustainable use of marine and terrestrial ecosystems. This includes guidance on fisheries management, ecosystem-based adaptation, and practices that balance biodiversity conservation with long-term community needs.- Surveillance, Enforcement, and ComplianceThis area enhances the ability of communities to enforce conservation rules and deter illegal activities that threaten reef health. The Organization supports the use of surveillance technologies, enforcement planning, and training for local conservation officers. These efforts strengthen the rule of law at sea, reinforce the authority of local governance structures, and boost compliance.- Community Awareness and Regional EngagementThis area focuses on building broad-based support for conservation through outreach, strategic communication, and regional collaboration. This focus area promotes shared learning, fosters transparency, and helps unify partners around common goals, amplifying conservation impact across Pacific communities.Together, these focus areas reflect the Organizations commitment to locally driven, culturally grounded, and science-informed conservation across the Pacific.
Expenses $1,848,721 · Grants $17,087
As filed on the 2024 return.
Listed in Part VII
-
Christopher LaFranchi
CEO
- Total calculated
- $190,437
- From this org
- $182,688
- From related orgs
- $0
- Other
- $7,749
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $182,688
- Bonus
- not reported
- Other
- not reported
- Deferred
- $7,383
- Nontaxable benefits
- $366
- Filer's total
- $190,437
-
Ann Cannella
Finance Director
- Total calculated
- $147,369
- From this org
- $135,094
- From related orgs
- $0
- Other
- $12,275
- Hours/week
- 40
-
Martin Romain
Program Director
- Total calculated
- $116,557
- From this org
- $107,787
- From related orgs
- $0
- Other
- $8,770
- Hours/week
- 40
-
John Dawson
Board Chair
- Total calculated
- $0
- Hours/week
- 10
-
Bernie Tershy
Secretary
- Total calculated
- $0
- Hours/week
- 3
-
Lida Teneva
Treasurer
- Total calculated
- $0
- Hours/week
- 3
-
Nicole Christian
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Igor Korneitchouk
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Patty Azzarello
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Liz Parissenti
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Jeff Leppo
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Judy McNary
Board Member
- Total calculated
- $0
- Hours/week
- 2
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 10 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202513149349303836
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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