Form 990 for tax year 2022
Filed by MARINE EDUCATION INITIATIVE INC.
Totals
- Total revenue
- $392,910
- Total expenses
- $253,317
- Contributions and grants received
- $392,910
- Grants paid
- $56,640
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $1,248,493
- Total liabilities, end of year
- $452,046
- Net assets or fund balances, end of year
- $796,447
- Program services expenses (Part IX)
- $156,639
- Management and general expenses
- $96,678
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $156,639
Program services were 61.8% 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
$392,910
Functional expenses
Part IX, the statement of functional expenses.
-
3 · Grants to foreign organizations and individuals
total $56,640 · program services $56,640
-
7 · Other salaries and wages
total $78,270 · program services $54,789 · management and general $23,481
-
9 · Other employee benefits
total $1,383 · program services $968 · management and general $415
-
10 · Payroll taxes
total $2,970 · program services $2,079 · management and general $891
-
11b · Fees: legal
total $5,042 · management and general $5,042
-
12 · Advertising and promotion
total $5,943 · management and general $5,943
-
13 · Office expenses
total $39,317 · management and general $39,317
-
23 · Insurance
total $7,993 · management and general $7,993
-
24a · Other expenses: PROGRAM EXPENSES
total $42,163 · program services $42,163
-
24b · Other expenses: UTILITIES
total $7,397 · management and general $7,397
-
24c · Other expenses: TAXES & LICENSES
total $3,241 · management and general $3,241
-
24d · Other expenses: WEB MAINTENANCE
total $1,749 · management and general $1,749
-
24e · All other expenses
total $1,209 · management and general $1,209
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $379,397 · end of year $421,183
-
9 · Prepaid expenses and deferred charges
end of year $21,605
-
10a · Land, buildings and equipment: cost or other basis
$274,774
-
10c · Land, buildings and equipment, net
beginning of year $267,869 · end of year $274,774
-
12 · Investments: other securities
beginning of year $2,109 · end of year $2,303
-
15 · Other assets
beginning of year $8,260 · end of year $528,628
-
25 · Other liabilities
beginning of year $781 · end of year $452,046
-
27 · Net assets without donor restrictions
beginning of year $383,283 · end of year $438,138
-
28 · Net assets with donor restrictions
beginning of year $273,571 · end of year $358,309
Mission and programs · 2022
Mission
THE ORGANZIATION EDUCATES AND INSTRUCTS CHILDREN ON HOW TO FISH AND TEACHES THEM TO BECOME GOOD STEWARDS OF BOTH FRESHWATER AND SALTWATER ECOSYSTEMS, AS WELL AS PROVIDING FRESH FISH FROM LOCAL FISHING TOURNAMENTS TO SOUP KITCHENS.
Activities or mission (Part I)
THE ORGANIZATION EDUCATES AND INSPIRES THE NEXT GENERATION TO PRESERVE MARINE ECOSYSTEMS FOR THE FUTURE.
-
RESPONSIBLE ANGLING EDUCATION PROGRAM: 18-30 WEEK ENVIRONMENTAL EDUCATION CLINICS TO YOUTH DURING THE SCHOOL YEAR AND SUMMER IN CERTAIN LOCATIONS INCLUDING BOCA RATON, FL/MIAMI, FL/THE BAHAMAS. IN THESE CLASSES, EXPERIENCED YOUTH VOLUNTEERS TEACH THE CHILDREN THE BASICS OF THE SPORT OF FISHING AS WELL AS CONSERVATION. THE MATERIAL COVERED RANGES WIDELY FROM SUCH PRACTICAL SKILLS AS KNOT TYING TO MORE DIDACTIC TOPICS, LIKE CONSERVATION LAWS AND PRACTICES. WE USE THE SPORT OF FISHING AS A MECHANISM TO ENGAGE AND INTEREST CHILDREN TO WANT TO LEARN MORE ABOUT LOCAL AQUATIC ECOSYSTEMS. AT THE END OF THE SESSIONS, WE HOST A GRADUATION PARTY USUALLY COINCIDING WITH A FIELD TRIP SUCH AS TO A LOCAL PIER, LAKE, NATURE CENTER, OR DEEP SEA FISHING TRIP. THIS UNIQUE EXPERIENCE, USUALLY A FIRST FOR MANY OF THE KIDS, IS FOLLOWED BY A CATERED MEAL AT WHICH CERTIFICATES AND NEW FISHING EQUIPMENT ARE GIFTED TO EACH GRADUATE. IN 2022, THESE PROGRAMS EDUCATED OVER 300 CHILDREN TO BE RESPONSIBLE ANGLERS, AND UTILIZED OVER 100 VOLUNTEERS.
Expenses $24,375
-
AQUAPONICS FOOD SECURITY & EDUCATION PROGRAM: AQUAPONICS IS A FOOD PRODUCTION SYSTEM THAT COUPLES AQUACULTURE (RAISING FISH) WITH HYDROPONICS (CULTIVATING PLANTS IN WATER) WHEREBY THE NUTRIENT-RICH AQUACULTURE WATER IS FED TO HYDROPONICALLY-GROWN PLANTS. AQUAPONICS CAN GROW A TREMENDOUS AMOUNT OF FOOD WITH A FRACTION OF THE WATER AS WELL AS LAND THAT IS NORMALLY UTILIZED IN SOIL-BASED AGRICULTURE. PRODUCE CAN BE GROWN LOCALLY IN OUR COMMUNITIES, PROVIDING ACCESS TO NUTRITIOUS FOOD, CREATING JOBS, AND ELIMINATING THE HUGE CARBON FOOTPRINT ASSOCIATED WITH TRANSPORTING FOOD LONG DISTANCES. OUR AQUAPONICS FOOD SECURITY & EDUCATION PROGRAM PROVIDES HUNDREDS OF MEALS WEEKLY BY DELIVERING FRESH PRODUCE GROWN IN OUR AQUAPONICS FARM IN ADDITION TO EDUCATING YOUTH IN SOUTH FLORIDA ABOUT THE ENVIRONMENTAL BENEFITS OF SUSTAINABLE AGRICULTURE.
Expenses $57,124
-
UKRAINE JOURNALISM RELIEF PROGRAM: IN THE MIDST OF WAR IN UKRAINE, THE NEED TO SUPPORT TRUE JOURNALISM AND DISSEMINATE INFORMATION TO THE LOCAL AND GLOBAL PUBLIC IS OF VITAL IMPORTANCE. WE ARE RAISING FUNDS TO DIRECTLY SUPPORT THE ONLY LOCAL TV CHANNEL CURRENTLY RUNNING IN KYIV AND TO SUPPORT LOCAL MEDIA NETWORK FAMILIES WHILE THEIR LOVED ONES REMAIN IN KYIV BROADCASTING TRUE STORIES FIRST-HAND.
Expenses $18,500
-
HURRICANE RELIEF EFFORT: AFTER HURRICANE MATTHEW STRUCK THE BAHAMAS IN 2016, WE DECIDED TO ASSIST OUR COMMUNITY PARTNERS IN THE BAHAMAS AND THE MANY COMMUNITIES IMPACTED. THIS EFFORT BEGAN WITH HURRICANE MATTHEW DURING 2016 IN FREEPORT AND NASSAU, THEN ONTO HURRICANE IRMA DURING 2017 IN ST. JOHN, VIRGIN ISLANDS AND THE FLORIDA KEYS. IN 2019, HURRICANE DORIAN, A CATEGORY 5 HURRICANE, STRUCK ABACO & FREEPORT, BAHAMAS. BOTH OF THESE ISLANDS WERE LOCATIONS THAT WE HAVE OFFERED OUR RESPONSIBLE ANGLING EDUCATION PROGRAMS, THUS WE ONCE AGAIN BEGAN TO SEND SUPPORT. WE WILL CONTINUE TO USE OUR NETWORK TO ENCOURAGE OTHERS TO SUPPORT RELIEF EFFORTS FOLLOWING THESE DEVASTATING STORMS ESPECIALLY TOWARDS SPECIFIC MARINE RELATED INITIATIVES.
Expenses $56,640 · Grants $9,640
-
JUNIOR SAILING SCHOOL
Grants $47,000
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Matthew PurselMATTHEW PURSEL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Adam GabayADAM GABAY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Valentine ThomasVALENTINE THOMAS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Natalie MiaoulisNATALIE MIAOULIS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Lucas MetropulosLUCAS METROPULOS
PRESIDENT
- Total calculated
- $0
- Hours/week
- 20
-
Juan PelleranoJUAN PELLERANO
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
-
Matthew McKayMATTHEW MCKAY
TREASURER
- Total calculated
- $0
- Hours/week
- 5
-
Tyler PaperaTYLER PAPERA
SECRETARY
- Total calculated
- $0
- Hours/week
- 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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 14 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202333189349315283
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