Totals
- Total revenue
- $2,339,002
- Total expenses
- $1,558,035
- Contributions and grants received
- $2,306,389
- Grants paid
- $0
- Program service revenue
- $24,594
- Investment income
- $3,354
- Other revenue
- $4,665
- Total assets, end of year
- $1,464,089
- Total liabilities, end of year
- $133,765
- Net assets or fund balances, end of year
- $1,330,324
- Program services expenses (Part IX)
- $1,329,058
- Management and general expenses
- $181,104
- Fundraising expenses
- $47,873
- Program service expenses (Part III)
- $1,329,058
Program services were 85.3% 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.
-
1e · Government grants (contributions)
$995,330
-
1f · All other contributions, gifts and grants
$1,311,059
-
1g · Noncash contributions included above
$4,900
-
2a · Program service revenue: PROGRAM SERVICE FEES
total $24,594 · related or exempt $24,594
-
3 · Investment income
total $3,354 · excluded $3,354
-
8a · Fundraising events: gross income
$84,512
-
8b · Fundraising events: direct expenses
$79,861
-
8c · Net income from fundraising events
total $4,651 · excluded $4,651
-
11a · Other revenue: MISCELLANEOUS INCOME
total $14 · excluded $14
-
11e · Other revenue, total
$14
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $562,553 · program services $478,170 · management and general $56,255 · fundraising $28,128
-
11c · Fees: accounting
total $58,478 · management and general $58,478
-
16 · Occupancy
total $268,045 · program services $227,838 · management and general $26,805 · fundraising $13,402
-
17 · Travel
total $37,483 · program services $31,861 · management and general $3,748 · fundraising $1,874
-
22 · Depreciation, depletion and amortization
total $26,186 · program services $26,186
-
23 · Insurance
total $46,721 · program services $39,713 · management and general $4,672 · fundraising $2,336
-
24a · Other expenses: CONTRACTED SERVICES
total $343,196 · program services $343,196
-
24b · Other expenses: PROGRAM SUPPLIES
total $94,329 · program services $94,329
-
24c · Other expenses: OPERATIONAL EXPENSES
total $78,379 · program services $78,379
-
24d · Other expenses: MISCELLANEOUS
total $42,665 · program services $9,386 · management and general $31,146 · fundraising $2,133
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $463,041 · end of year $650,392
-
4 · Accounts receivable
beginning of year $126,195 · end of year $399,489
-
9 · Prepaid expenses and deferred charges
beginning of year $72,641 · end of year $36,416
-
10a · Land, buildings and equipment: cost or other basis
$432,512
-
10b · Land, buildings and equipment: accumulated depreciation
$55,383
-
10c · Land, buildings and equipment, net
beginning of year $106,616 · end of year $377,129
-
15 · Other assets
end of year $663
-
17 · Accounts payable and accrued expenses
beginning of year $14,261 · end of year $65,324
-
19 · Deferred revenue
beginning of year $204,875 · end of year $68,441
-
27 · Net assets without donor restrictions
beginning of year $479,003 · end of year $1,145,583
-
28 · Net assets with donor restrictions
beginning of year $70,354 · end of year $184,741
Mission and programs · 2025
Mission
REEF RENEWAL USA IS RENEWING CORAL REEFS FOR FUTURE GENERATIONS IN A RAPIDLY CHANGING WORLD BY PRODUCING AND OUTPLANTING RESILIENT CORALS OF THE FUTURE AT AN UNPRECEDENTED SCALE.
Activities or mission (Part I)
REEF RENEWAL USA IS RENEWING CORAL REEFS FOR FUTURE GENERATIONS IN A RAPIDLY CHANGING WORLD.
-
REEF RENEWAL USA REBUILDS CORAL REEFS IN THE FLORIDA KEYS. TO ACCOMPLISH OUR GOALS, CORALS ARE GROWN IN TWO REGIONAL OFFSHORE CORAL NURSERIES IN THE FLORIDA KEYS. THE NURSERIES ARE LOCATED OFF TAVERNIER AND BIG PINE KEY. A LAND-BASED CORAL FARM IS SCALING UP TO PRODUCE CORALS AT A COMMERCIAL SCALE. ONCE THE CORALS ARE LARGE ENOUGH, THEY ARE THEN PLANTED ON THE TARGET REEFS. CURRENT RESTORATION ACTIVITIES ARE FOCUSED UP AND DOWN THE FLORIDA KEYS REEF TRACT. THERE IS A SPECIAL FOCUS ON THE MISSION: ICONIC REEFS INITIATIVE AT CARYSFORT REEF, SOMBRERO REEF, LOOE KEY, NEWFOUND HARBOR, AND EASTERN DRY ROCKS. ADDITIONAL WORK OCCURS AT MOLASSES REEF, CONCH REEF, AND COFFINS PATCH REEF. WE PLACE A SPECIAL EMPHASIS ON ENGAGING COMMUNITIES AND VOLUNTEERS TO ASSIST IN TAKING OWNERSHIP OF OUR PRECIOUS CORAL REEFS.
Expenses $1,329,058 · Revenue $24,594
As filed on the 2025 return.
Listed in Part VII
-
Michael EchevarriaMICHAEL ECHEVARRIA
PRESIDENT
- Total calculated
- $0
- Hours/week
- 20
-
Michael BlountMICHAEL BLOUNT
TREASURER
- Total calculated
- $0
- Hours/week
- 4
-
Craig WatsonCRAIG WATSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ben DaughtryBEN DAUGHTRY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Autumn BlumAUTUMN BLUM
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Andrea WilliamsANDREA WILLIAMS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Ken NedimyerKEN NEDIMYER
CHIEF SCIENCE OFFICER
- Total calculated
- $134,662
- From this org
- $134,662
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Lisa BaileyLISA BAILEY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
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
- 2025
- Filed
- 21 August 2026
- IRS schema version
- 2025v4.2
- Source object
- 202622389349301202
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.