REEF RENEWAL FOUNDATION INTERNATIONAL

EIN: 842755808 501(c)(3) Environment

LARCHMONT, NY

Total Revenue
$304,500
Total Expenses
$230,044
Total Assets
$142,030
Net Assets
$142,030
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
DC
Principal Officer
DAVID FISHMAN
Phone
9176097655
Tax Period
2023-01-01 to 2023-12-31

REEF RENEWAL FOUNDATION INTERNATIONAL, founded in 2019, is a small nonprofit in the Environment sector that reported $304K in total revenue in fiscal year 2023. Revenue grew 20% year-over-year, indicating healthy expansion. The organization ran a surplus of $74K, a strong 24% operating margin.

Mission

OUR MISSION AT REEF RENEWAL FOUNDATION INTERNATIONAL IS TO INCREASE CORAL COVERAGE AND BIODIVERSITY WORLDWIDE BY SUPPORTING OUR GLOBAL NETWORK OF REEF RESTORATION PROGRAMS. REEF RENEWAL'S NETWORK MEMBERS ARE PROGRAMS THAT ARE LOCALLY LED AND OWNED, BENEFITTING FROM A DEEP UNDERSTANDING OF THE LOCAL CONTEXT AND THE LATEST PRACTICAL RESTORATION TECHNIQUES SHARED ACROSS THE NETWORK. OUR CURRENT NETWORK MEMBERS HAVE PROGRAMS LOCATED IN AUSTRALIA, BONAIRE, CAYMAN ISLANDS, CURACAO, ST VINCENT AND THE GRENADINES AND THE FLORIDA KEYS, USA. OUR FOCUS IS ON FOSTERING PARTNERSHIPS WITHIN OUR NETWORK TO REALIZE OUR SHARED GOALS.

Program Service Accomplishments

Program 1
Expenses: $219,633

DEVELOPING NEW AND INNOVATIVE WAYS TO RESTORE AND PROTECT CORAL REEFS.

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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 $304,290
Program Service Revenue $0
Investment Income $210
Other Revenue $0
TOTAL REVENUE $304,500

Expense Breakdown

Grants Paid $218,913
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $219,633
Other Expenses $11,131
TOTAL EXPENSES $230,044

Year-over-Year Comparison

2023 2022 Change
Revenue $304,500 $253,900 +0.2%
Expenses $230,044 $225,642 +0.0%
Net Income $74,456 $28,258 +1.6%
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

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
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
3
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JERRY BEATY DIRECTOR 5.00
Director
$0 $0 $0
DAVID J FISHMAN DIRECTOR, FOUNDER 7.50
Director
$0 $0 $0
MARTIN VAN DER VALK PRESIDENT 5.00
Officer
$0 $0 $0
PAUL COOLEN TREASURER 7.50
Officer
$0 $0 $0
KEN NEDIMYER SECRETARY 7.50
Officer
$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 $304,500 $230,044 $142,030 $74,456
2022 $253,900 $225,642 $67,574 $28,258
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