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Nonprofiteer
← BLUE LAB PRESERVATION SOCIETY INC

Form 990 for tax year 2024

Filed by BLUE LAB PRESERVATION SOCIETY INC.

Totals

Total revenue
$1,195,080
Total expenses
$336,940
Contributions and grants received
$1,195,080
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$1,541,956
Total liabilities, end of year
$578,002
Net assets or fund balances, end of year
$963,954
Program services expenses (Part IX)
$280,853
Management and general expenses
$56,087
Fundraising expenses
$0
Program service expenses (Part III)
$280,853

Program services were 83.4% 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)

    $853,585

  • 1f · All other contributions, gifts and grants

    $341,495

Functional expenses

Part IX, the statement of functional expenses.

  • 11b · Fees: legal

    total $595 · program services $595

  • 11c · Fees: accounting

    total $5,521 · program services $5,521

  • 11g · Fees: other

    total $51,125 · program services $44,977 · management and general $6,148

  • 12 · Advertising and promotion

    total $190,088 · program services $150,374 · management and general $39,714

  • 13 · Office expenses

    total $3,372 · program services $2,944 · management and general $428

  • 14 · Information technology

    total $9,720 · program services $9,720

  • 16 · Occupancy

    total $3,225 · management and general $3,225

  • 17 · Travel

    total $16,077 · program services $12,913 · management and general $3,164

  • 22 · Depreciation, depletion and amortization

    total $514 · program services $514

  • 24a · Other expenses: SUPPLIES

    total $25,244 · program services $25,244

  • 24b · Other expenses: MEALS & ENTERTAINMENT

    total $24,313 · program services $24,313

  • 24c · Other expenses: DONATIONS

    total $3,500 · program services $3,500

  • 24d · Other expenses: BANK SERVICE CHARGES

    total $3,408 · management and general $3,408

  • 24e · All other expenses

    total $238 · program services $238

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $19,962 · end of year $91,442

  • 3 · Pledges and grants receivable

    end of year $470,514

  • 4 · Accounts receivable

    end of year $87,200

  • 10a · Land, buildings and equipment: cost or other basis

    $2,572

  • 10b · Land, buildings and equipment: accumulated depreciation

    $900

  • 10c · Land, buildings and equipment, net

    beginning of year $2,186 · end of year $1,672

  • 15 · Other assets

    beginning of year $0 · end of year $891,128

  • 17 · Accounts payable and accrued expenses

    end of year $445,200

  • 19 · Deferred revenue

    end of year $124,700

  • 22 · Loans and payables to officers and key people

    beginning of year $12,144 · end of year $8,102

  • 27 · Net assets without donor restrictions

    beginning of year $10,004 · end of year $50,214

  • 28 · Net assets with donor restrictions

    end of year $913,740

Mission and programs · 2024

Mission

THE ORGANIZATION IS FOCUSED ON ADDRESSING WATER POLLUTION, CLIMATE CHANGE, AND ENVIRONMENTAL ISSUES. IT EMPLOYS ART, SCIENCE, CULTURE, AND DESIGN AS GALVANIZING CHANNELS FOR ITS SUSTAINABILITY PROGRAM. IT DEVELOPS RESPONSIVE STRATEGIES AND SOLUTIONS WITH A CORE MISSION TO EDUCATE AND INSPIRE GLOBAL ENVIRONMENTAL ACTION BY DIRECTING FUNDS RAISED THROUGH PHILANTHROPY TOWARD INNOVATIVE PROJECTS (DOMESTIC AND WORLDWIDE) THAT SEEK TO RESTORE, REINFORCE, AND PROTECT COASTAL MARINE ECOSYSTEMS, RIVERS, AND LAKES.

Activities or mission (Part I)

OUR MISSION IS TO CATALYZE LOCAL CHANGE WITH A GLOBAL VISION AND HELP REVITALIZE THE FLORIDA REEF TRACT - THE WORLD'S THIRD LARGEST REEF SYSTEM - WHICH ONCE FLOURISHED ALONG MIAMI'S COAST BUT HAS BEEN PROFOUNDLY AFFECTED BY URBAN EXPANSION AND ECOLOGICAL DEGRADATION.THROUGH A CAREFULLY CURATED MASTERPLAN, WE STRIVE TO PROVIDE NATURE WITH A RENEWED FOUNDATION BY INSTALLING INNOVATIVE HYBRID REEF STRUCTURE AND ENVIRONMENTAL ART THAT DOUBLE AS NATURAL HABITATS. THESE INSTALLATIONS OFFER CORALS A STABLE GROUND TO REGENERATE AND CREATE ESSENTIAL REFUGES FOR MARINE LIFE, ENHANCING BIODIVERSITY AND RESILIENCE WITHIN MIAMI'S MARINE ECOSYSTEM.BY MERGING ART, SCIENCE, AND CONSERVATION, THE REEFLINE RAISES PUBLIC CONSCIOUSNESS AND NURTURES A COLLECTIVE COMMITMENT TO OCEAN PRESERVATION. OUR INITIATIVES INVITE THE COMMUNITY TO PLAY AN ACTIVE ROLE IN SAFEGUARDING OUR NATURAL HERITAGE, BUILDING A SUSTAINABLE PATHWAY FOR BOTH NATURE AND SOCIETY TO THRIVE IN HARMONY FOR A RESILIENT, VIBRANT FUTURE.

  • REEFLINE IS A SOON-TO-BE 7-MILE PUBLIC UNDERWATER SCULPTURE PARK, SNORKEL TRAIL, AND ARTIFICIAL REEF OFF THE COAST OF MIAMI BEACH. THE REEFLINE WILL PROVIDE CRITICAL MARINE HABITAT FOR REEF ORGANISMS AND HELP WITH COASTAL RESILIENCY.

    Expenses $280,853

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Luciano Ferreyra Fleitas

    CHAIR

    Total calculated
    $0
    Hours/week
    10

  • Lauren Cramer

    SECRETARY

    Total calculated
    $0
    Hours/week
    5

  • Ariel Saint White

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5

  • Augustina Caminos

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5

  • Jose Molla

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5

  • Ximena Caminos

    PRESIDENT

    Total calculated
    $144,000
    From this org
    $144,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Brandi Reddick

    EXECUTIVE DIRECTOR

    Total calculated
    $120,000
    From this org
    $120,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

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
2024
Filed
14 November 2025
IRS schema version
2024v5.2
Source object
202523189349303672

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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