Public Charity

OCEAN REEF CONSERVATION ASSOCIATION INC

Based in KEY LARGO, FL, OCEAN REEF CONSERVATION ASSOCIATION INC operates as a Public Charity. The organization reported $680K in revenue, $716K in expenses, $1.6M in total assets for fiscal year 2024. Imperigo tracks 10 reported grant relationships connected to this organization totaling approximately $3.3M.

EIN: 264692639 KEY LARGO, FL Natural Resources Conservation & Protection NTEE: C30 Latest filing: 2024
Total Revenue$680K
Total Expenses$716K
Total Assets$1.6M
Grant Records10
Funding Total$3.3M
Filing Years2019–2024

Mission

TO PROTECT AND PRESERVE THE ENVIRONMENT, FISH, WILDLIFE AND MARINE RELATED AREAS INCLUDING WATER QUALITY AND HABITAT. TO PROTECT NEARBY AND OFFSHORE CORAL REEFS AND FISHERY HABITATS BY REPAIRING, RE-GROWTH AND REGERNATION, IN ORDER TO HAVE A SUSTAINABLE FISHERY. TO PROVIDE SCHOLARSHIPS TO GRADUATING HIGH-SCHOOL SENIORS IN THE KEYS THAT PLAN TO PURSUE A MAJOR IN THE AREAS OF ENVIRONMENTAL AND MARINE STUDIES.

Where $100 goes at Ocean Reef Conservation Association Inc

How Ocean Reef Conservation Association Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$95 Programs the work itself
$5 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $95 for programs

$90
To protect nearby and offshore coral reefs and fishery habitats by repairing, re-growth and regeneration, in order to have a sustainable fishery
95% of program spending
$5
To provide scholarships to graduating high-school seniors in the keys that plan to pursue a major in the areas of environmental and marine studies
5% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

MEMBER Bill Legg
TREASURER Calvin Philips
MEMBER Doug Hynden
CHAIRMAN Jack Salisbury
SCHOLARSHIPS Kenneth Reda
SCHOLARSHIPS Paul Di Maura

Officer compensation and complete director data available with membership.

Top Grant Purposes

Environment & Conservation
$1,890,604 7 grants
Human & Social Services
$1,354,599 2 grants
Animal Welfare
$30,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $680K $716K $1.6M
2023 $452K $513K $1.7M
2022 $400K $436K $1.7M
2020 $467K $446K $1.6M
2019 $176K $389K $1.6M

Between 2019 and 2024, reported annual revenue grew from $176K to $680K (+286%), with total assets most recently reported at $1.6M.

Interactive year-over-year charts and full filing details available with membership.

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