Public Charity

MARINE RESOURCES DEVELOPMENT FOUNDATION

MARINE RESOURCES DEVELOPMENT FOUNDATION is a Public Charity headquartered in KEY LARGO, FL. Financial data from the 2024 filing: $6.7M revenue, $11.3M expenses, $27.8M total assets. 9 publicly reported grants to this organization, totaling roughly $124K, appear in IRS filings.

EIN: 670258256 KEY LARGO, FL Latest filing: 2024
Total Revenue$6.7M
Total Expenses$11.3M
Total Assets$27.8M
Grant Records9
Funding Total$124K
Filing Years2020–2024

Mission

WE INSPIRE TODAY'S STUDENTS TO BECOME TOMORROW'S OCEAN PROTECTORS THROUGH ENGAGING, HANDS-ON ACTIVITIES, GUIDED FIELD TRIPS, VIRTUAL CLASSES, FREE LEARNING RESOURCES, AND PROFESSIONAL DEVELOPMENT WORKSHOPS. OUR MARINELAB UNDERSEA LABORATORY MUSEUM INVITES THE PUBLIC TO EXPERIENCE WHAT IT WAS LIKE TO LIVE AND WORK IN AN UNDERSEA RESEARCH STATION.

Officers & Directors

TREASURER Bob Russell
DIRECTOR Craig Mullen
DIRECTOR David Stone
CEO Ginette Hughes
DIRECTOR Ian Koblick
SECRETARY Kathleen Mccue

Officer compensation and complete director data available with membership.

Top Grant Purposes

Unspecified
$53,661 5 grants
MARINE ENVIRONMENTAL SUPPORT
$26,458 1 grant
Funding for student scholarships.
$21,900 1 grant
GENERAL SUPPORT
$12,197 1 grant
Mangrove ecology field trips for 5th graders.
$9,825 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $6.7M $11.3M $27.8M
2023 $3.2M $10.1M $31.7M
2022 $26.7M $7.8M $36.3M
2021 $9.0M $20.6M $14.2M
2020 $1.4M $11.4M $33.0M

Between 2020 and 2024, reported annual revenue grew from $1.4M to $6.7M (+399%), with total assets most recently reported at $27.8M.

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

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