HEALTHY AQUATICS MARINE INSTITUTE OF FLORIDA INC

EIN: 813369434 501(c)(3) Environment

WEST PALM BEACH, FL

Total Revenue
$1,423,548
Total Expenses
$1,037,056
Total Assets
$868,318
Net Assets
$835,921
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
FL
Principal Officer
LENEITA FIX
Phone
5613122230
Tax Period
2024-01-01 to 2024-12-31

HEALTHY AQUATICS MARINE INSTITUTE OF FLORIDA INC, founded in 2016, is a community nonprofit in the Environment sector that reported $1.4M in total revenue in fiscal year 2024. Revenue surged 34% from the prior year, signaling strong growth momentum. The organization ran a surplus of $386K, a strong 27% operating margin.

Mission

THE PURPOSE OF THE HEALTHY AQUATICS MARINE INSTITUTE OF FLORIDA INC. IS TO FUNCTION AS A SOURCE FOR EDUCATION, AQUACULTURE, AND RESEARCH USING AQUARIUMS TO PROMOTE OCEAN CONSERVATION. THE ORGANIZATION OFFERS EDUCATIONAL PROGRAMS IN-HOUSE AND THROUGH OUTREACH PROGRAMS. EDUCATIONAL PROGRAMS ARE AVAILABLE FOR BOTH SCHOOL-AGE CHILDREN AND ADULTS. AS WELL, THE ORGANIZATION PROVIDES RESEARCH AND INFORMATION TO/AND FOR PROFESSIONALS IN THE FIELDS OF MARINE BIOLOGY AND RELATED ECOSYSTEMS. OUR MISSION IS TO PROVIDE EDUCATION AND RESEARCH THAT WILL LEAD TO CONSERVATION AND SUSTAINABILITY OF THE OCEAN.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,363,347
Program Service Revenue $59,949
Investment Income $252
Other Revenue $0
TOTAL REVENUE $1,423,548

Expense Breakdown

Grants Paid $0
Salaries & Benefits $371,728
Fundraising Expenses $29,884
Program Expenses $898,437
Other Expenses $665,328
TOTAL EXPENSES $1,037,056

Year-over-Year Comparison

2024 2023 Change
Revenue $1,423,548 $1,060,939 +0.3%
Expenses $1,037,056 $690,072 +0.5%
Net Income $386,492 $370,867 +0.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
9
Independent Members
8
Employees
12
Volunteers
40

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
$0
Total Directors
9
$80,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LENEITA FIX EXECUTIVE DI 40.00
Director
$80,000 $0 $80,000
JOSEPH SEITZ BOARD MEMBER 2.00
Director
$0 $0 $0
MERRIN DONAHUE BOARD CHAIR 2.00
Officer Director
$0 $0 $0
ERIC GREGORY BOARD MEMBER 2.00
Director
$0 $0 $0
BRITTANY E KISER TREASURER 2.00
Officer Director
$0 $0 $0
STEPHEN SCANAPICCO BOARD MEMBER 2.00
Director
$0 $0 $0
ELIZABETH JAKUBIAK BOARD MEMBER 2.00
Director
$0 $0 $0
JOEL GOLDFARB BOARD MEMBER 2.00
Director
$0 $0 $0
ELIZABETH WEINSHELL BOARD MEMBER 2.00
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 $1,423,548 $1,037,056 $868,318 $386,492
2023 $1,060,939 $690,072 $491,203 $370,867
2022 $474,361 $473,628 $123,030 $733
2021 $412,098 $387,278 $132,055 $24,820
2020 $283,815 $261,090 $114,048 $22,725
2019 $269,408 $328,006 $68,256 $-58,598
2018 $286,226 $374,035 $99,191 $-87,809
Explore More Nonprofits
Top 100 Nonprofits in Florida Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare HEALTHY AQUATICS MARINE INSTITUTE OF FLORIDA INC with other nonprofits in Florida and across the country.