HAWAII MARINE EDUCATION AND RESEARCH CENTER

EIN: 821614744 501(c)(3) Environment

VOLCANO, HI

Total Revenue
$1,413,419
Total Expenses
$101,198
Total Assets
$4,687,868
Net Assets
$4,687,868
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
HI
Principal Officer
ROBERTA MARTIN
Phone
6504453505
Tax Period
2024-01-01 to 2024-12-31

HAWAII MARINE EDUCATION AND RESEARCH CENTER, founded in 2017, is a community nonprofit in the Environment sector that reported $1.4M in total revenue in fiscal year 2024. Revenue fell 45% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $1.3M, a strong 93% operating margin.

Mission

THE HAWAII MARINE EDUCATION AND RESEARCH CENTER (MERC) IS A STATE OF HAWAII AND U.S. FEDERAL 501(C)3 NON-PROFIT ORGANIZATION THAT CONNECTS COMMUNITIES TO TIMELY SCIENTIFIC INFORMATION ON MARINE RESOURCES. LOCATED IN MILOLII ON HAWAII ISLAND, HAWAII MERC PROVIDES COMMUNITY ENGAGEMENT, RELATIONAL AND CONTEXTUAL PLANNING FOR COASTAL AND MARINE MANAGEMENT AS WELL AS NATURAL RESOURCE ENFORCEMENT VIA COMMUNITY EDUCATION. HAWAII MERC FACILITATES INTER-OPERABILITY AMONG DIVERSE LOCAL COMMUNITIES (NATIVE HAWAIIAN, LONG-TERM RESIDENTS, AND NEW ARRIVALS) WITH HAWAII STATE (DEPARTMENT OF LAND AND NATURAL RESOURCES - DLNR, DIVISION OF AQUATIC RESOURCES - DAR) AND FEDERAL (NATIONAL OCEANIC AND ATMOSPHERIC ADMINISTRATION, FISHERIES DIVISION AND LAW ENFORCEMENT DIVISION) AGENCIES BY SUPPLYING A NEUTRAL CONVENING SPACE PAIRED WITH ORGANIZATIONAL AND OPERATIONAL SKILLS AND SCIENCE TO SUPPORT AND MAINTAIN KNOWLEDGE EXCHANGE AND COMMUNITY ACTION.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,294,746
Program Service Revenue $29,500
Investment Income $88,246
Other Revenue $927
TOTAL REVENUE $1,413,419

Expense Breakdown

Grants Paid $15,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $79,616
Other Expenses $86,198
TOTAL EXPENSES $101,198

Year-over-Year Comparison

2024 2023 Change
Revenue $1,413,419 $2,551,287 -0.4%
Expenses $101,198 $125,515 -0.2%
Net Income $1,312,221 $2,425,772 -0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
25

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
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERTA MARTIN PRESIDENT/SE 2.30
Officer Director
$0 $0 $0
GREGORY ASNER TREASURER 2.30
Officer Director
$0 $0 $0
CHRISTOPHER BALZOTTI DIRECTOR 0.25
Director
$0 $0 $0
DAVID CARRUTHERS DIRECTOR 0.30
Director
$0 $0 $0
KEALOHANUIOPUNA KINNEY DIRECTOR 0.25
Director
$0 $0 $0
JEFF MORGAN 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 $1,413,419 $101,198 $4,687,868 $1,312,221
2023 $2,551,287 $125,515 $3,375,647 $2,425,772
2022 $811,659 $123,217 $949,875 $688,442
2021 $296,447 $52,666 $411,433 $243,781
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