MIGRAMAR

EIN: 822737816 501(c)(3) Animal-Related

BODEGA BAY, CA

Total Revenue
$867,501
Total Expenses
$839,834
Total Assets
$1,972,279
Net Assets
$1,972,279
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
CA
Principal Officer
ERICK ROSS SALAZAR
Phone
7075914564
Tax Period
2024-01-01 to 2024-12-31

MIGRAMAR, founded in 2017, is a small nonprofit in the Animal-Related sector that reported $868K in total revenue in fiscal year 2024. Revenue surged 81% from the prior year, signaling strong growth momentum. Expenses of $840K left a modest 3% surplus.

Mission

TO CONDUCT THE SCIENTIFIC RESEARCH NEEDED TO BETTER UNDERSTAND AND SAFEGUARD HEALTHY POPULATIONS OF MARINE MIGRATORY SPECIES IN THE EASTERN PACIFIC OCEAN.

Program Service Accomplishments

Program 1
Expenses: $647,233 Revenue: $0

MIGRAMAR IS THE LEADING SCIENTIFIC AUTHORITY IN MIGRATORY SPECIES RESEARCH IN THE EASTERN PACIFIC OCEAN (EPO). OVER THE LAST FIFTEEN YEARS, WE HAVE IDENTIFIED CRITICAL AREAS WHERE MIGRATORY SPECIES...

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MIGRAMAR IS THE LEADING SCIENTIFIC AUTHORITY IN MIGRATORY SPECIES RESEARCH IN THE EASTERN PACIFIC OCEAN (EPO). OVER THE LAST FIFTEEN YEARS, WE HAVE IDENTIFIED CRITICAL AREAS WHERE MIGRATORY SPECIES ARE MORE VULNERABLE, INCLUDING FEEDING AND BREEDING GROUNDS, AND AREAS WHERE SEASONAL MIGRATIONS OCCUR. THESE RESULTS HAVE INFORMED GOVERNMENTS AND STAKEHOLDERS ON THE FUNCTIONING AND CONNECTIVITY OF MARINE PROTECTED AREAS (MPAS) AND HAVE SUPPORTED DECISIONS TO IMPROVE PROTECTION FOR MIGRATORY SPECIES ACROSS THE REGION.WE HAVE DELIVERED THE SCIENTIFIC EVIDENCE TO SUPPORT CREATION OF NEW MARINE RESERVES AND EXPANSION OF EXISTING RESERVES. THE TOTAL AREA OF MPAS HAS INCREASED FOURFOLD, FROM 156,000 SQUARE KILOMETERS IN 2010 TO 630,000 SQUARE KILOMETERS IN 2024, PROVIDING LARGER GROUNDS FOR MIGRATORY SPECIES TO MOVE WITHOUT RISK OF CAPTURE. OUR SWIMWAYS INITIATIVE HAS BEEN ADOPTED BY NATIONAL AUTHORITIES AND IS CURRENTLY USED AS THE BINDING TISSUE FOR REGIONAL GOVERNMENTAL COLLABORATIONS.MIGRAMAR'S SCIENTIFIC RESEARCH IS FOCUSED ON PROVIDING A TECHNICAL BASIS FOR THE MANAGEMENT AND CONSERVATION OF OUR OCEANS. FOR MORE INFORMATION REGARDING OUR WORK IN OUR INSTITUTIONAL PROJECTS AND MEMBERS PROJECTS SECTIONS, PLEASE VISIT OUR WEBSITE AT WWW.MIGRAMAR.ORG.

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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 $834,850
Program Service Revenue $0
Investment Income $32,651
Other Revenue $0
TOTAL REVENUE $867,501

Expense Breakdown

Grants Paid $0
Salaries & Benefits $60,000
Fundraising Expenses $0
Program Expenses $647,233
Other Expenses $779,834
TOTAL EXPENSES $839,834

Year-over-Year Comparison

2024 2023 Change
Revenue $867,501 $479,915 +0.8%
Expenses $839,834 $1,015,328 -0.2%
Net Income $27,667 $-535,413 -1.1%
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

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

Financial Distress Indicator

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
8
Independent Members
8
Employees
N/A
Volunteers
8

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
4
$60,000
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALEX HEARN PRESIDENT 5.00
Officer Director
$0 $0 $0
HECTOR GUZMAN VICE-PRESIDENT 5.00
Officer Director
$0 $0 $0
GEORGE SHILLINGER TREASURER 5.00
Officer Director
$0 $0 $0
KERSTIN FORSBERG SECRETARY 5.00
Director
$0 $0 $0
ROSARIO ALVAREZ BOARD MEMBER 5.00
Director
$0 $0 $0
MAXIMILIANO BELLO BOARD MEMBER 5.00
Director
$0 $0 $0
JEN JONES BOARD MEMBER 5.00
Director
$0 $0 $0
STEVE PELETZ BOARD MEMBER 5.00
Director
$0 $0 $0
ERICK ROSS SALAZAR EXECUTIVE DIRECTOR 40.00
Officer
$60,000 $0 $60,000
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 $867,501 $839,834 $1,972,279 $27,667
2023 $479,915 $1,015,328 $1,944,612 $-535,413
2022 $2,775,245 $795,268 $2,480,025 $1,979,977
2021 $789,258 $508,427 $500,047 $280,831
2020 $438,652 $300,749 $219,216 $137,903
2019 $303,928 $390,189 $81,313 $-86,261
2018 $383,381 $215,807 $167,574 $167,574
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