COASTAL RESOURCES GROUP INC

EIN: 542138903 501(c)(3) Environment

SARASOTA, FL

Total Revenue
$157,240
Total Expenses
$183,896
Total Assets
$3,432,406
Net Assets
$125,563
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
FL
Principal Officer
PAM FETTERMAN
Phone
9413218107
Tax Period
2023-01-01 to 2023-12-31

COASTAL RESOURCES GROUP INC, founded in 2004, is a small nonprofit in the Environment sector that reported $157K in total revenue in fiscal year 2023. Revenue fell 57% from the prior year — a significant decline worth monitoring. Expenses of $184K exceeded revenue, resulting in a 17% operating deficit.

Mission

COASTAL RESOURCES GROUP, INC WORKS WITH PUBLIC AND PRIVATE PARTNERS TO CONSERVE FLORIDAS NATIVE COASTAL WETLANDS BY PROVIDING RESTORATION AND MONITORING SERVICES. WE WORK IN PARTNERSHIP WITH SCIENCE-BASED COLLABORATIONS TO IMPROVE COASTAL MANAGEMENT KNOWLEDGE AND PROVIDE EDUCATIONAL OUTREACH. CRG/KRF ATTENDS PUBLIC MEETING AND CONSERVATION GROUPS TO CONTINUE EDUCATING THE RESIDENTS ABOUT WETLAND CONSERVATION AND PROJECTS.

Program Service Accomplishments

Program 1
Expenses: $112,916 Revenue: $119,446

CRG/KRF CONTINUES TO WORK WITH THE U.S. ARMY CORPS OF ENGINEERS TO DEVELOP PROJECTS FUNDED BY MONIES IN TRUST TO OFFSET WETLAND IMPACTS IN THE FLORIDA KEYS. PROGRAM FUNDING RECEIVED DURING 2023 IS...

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CRG/KRF CONTINUES TO WORK WITH THE U.S. ARMY CORPS OF ENGINEERS TO DEVELOP PROJECTS FUNDED BY MONIES IN TRUST TO OFFSET WETLAND IMPACTS IN THE FLORIDA KEYS. PROGRAM FUNDING RECEIVED DURING 2023 IS CURRENTLY BEING PLANNED FOR 2 ADDITIONAL PROJECTS IN THE FLORIDA KEYS FOR THE RESTORATION OF THE ENVIRONMENT. THESE PROJECTS WILL PROVIDE EDUCATIONAL OPPORTUNITIES FOR VISITING PENNEKAMP STATE PARK AND JOHNSON TRACT IN SUGARLOAF KEY.

Program 2
Expenses: $47,657 Revenue: $37,500

DURING 2023 CRG COMPLETED THE FRUIT FARM CREEK MANGROVE RESTORATION PROJECT. FOR THIS PROJECT WE WORKED WITH PUBLIC ENTITIES, ROOKERY BAY NATIONAL ESTUARINE RESEARCH RESERVE, CONSERVANCY OF SOUTHWEST...

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DURING 2023 CRG COMPLETED THE FRUIT FARM CREEK MANGROVE RESTORATION PROJECT. FOR THIS PROJECT WE WORKED WITH PUBLIC ENTITIES, ROOKERY BAY NATIONAL ESTUARINE RESEARCH RESERVE, CONSERVANCY OF SOUTHWEST FL, NOAA, AND USGS TO GATHER IMPORTANT ENVIRONMENTAL INFORMATION REGARDING COASTAL RESILIENCY AGAINST CLIMATE CHANGE. THIS INFORMATION WAS SHARED AT SEVERAL PUBLIC MEETINGS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $156,946
Investment Income $294
Other Revenue $0
TOTAL REVENUE $157,240

Expense Breakdown

Grants Paid $0
Salaries & Benefits $91,933
Fundraising Expenses $0
Program Expenses $160,573
Other Expenses $91,963
TOTAL EXPENSES $183,896

Year-over-Year Comparison

2023 2022 Change
Revenue $157,240 $367,207 -0.6%
Expenses $183,896 $330,337 -0.4%
Net Income $-26,656 $36,870 -1.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
4
Independent Members
N/A
Employees
2
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$85,401
Total Directors
4
$85,401
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LAURA FLYNN PAST PRES/TREAS/DIRECTOR 24.00
Officer Director
$70,728 $0 $70,728
CURTIS KRUER VP/DIRECTOR 3.00
Officer Director
$14,673 $0 $14,673
PAMELA FETTERMAN PRESIDENT 1.00
Director
$0 $0 $0
SARAH MACK DIRECTOR 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $157,240 $183,896 $3,432,406 $-26,656
2022 $367,207 $330,337 $3,272,757 $36,870
2021 $367,064 $140,778 $3,296,414 $226,286
2020 $401,635 $162,888 $3,082,854 $238,747
2019 $875,846 $740,585 $2,846,894 $135,261
2018 $280,876 $223,489 $2,709,236 $57,387
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