Civic Intelligence

Tybee Island Marine Science Foundation Inc.

990 • Fiscal year 2018 • EIN 58-1990772

Jan 01, 2018 to Dec 31, 2018 • Filed on Oct 30, 2019

1509 Strand AvenueTybee Island, GA 31328

(912) 786-5917

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

56th percentile

0.05x

Higher debt load relative to assets than 56% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

56th percentile

0.05x

Higher debt load relative to revenue than 56% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

73rd percentile

16%

Higher net margin than 73% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

71st percentile

$59,487

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 11.7% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

10th percentile

-18%

Faster asset growth than 10% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

50th percentile

4.1%

Faster revenue growth than 50% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Down

$475,264

Down $107,620 (-18%) from 2017

Net Assets

Down

$449,837

Down $112,761 (-20%) from 2017

Liabilities

Up

$25,427

Up $5,141 (+25%) from 2017

Revenue

Up

$507,944

Up $20,159 (+4.1%) from 2017

Expenses

Up

$425,219

Up $12,546 (+3.0%) from 2017

Net Income

Up

$82,725

Up $7,613 (+10%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2010: $285,968Liabilities 2010: $15,888Net Assets 2010: $270,0802010Assets 2011: $299,060Liabilities 2011: $24,073Net Assets 2011: $274,9872011Assets 2012: $434,744Liabilities 2012: $15,564Net Assets 2012: $419,1802012Assets 2013: $431,856Liabilities 2013: $23,488Net Assets 2013: $408,3682013Assets 2014: $408,727Liabilities 2014: $15,044Net Assets 2014: $393,6832014Assets 2015: $465,247Liabilities 2015: $14,493Net Assets 2015: $450,7542015Assets 2016: $507,843Liabilities 2016: $12,457Net Assets 2016: $495,3862016Assets 2017: $582,884Liabilities 2017: $20,286Net Assets 2017: $562,5982017Assets 2018: $475,264Liabilities 2018: $25,427Net Assets 2018: $449,8372018Assets 2019: $818,489Liabilities 2019: $18,778Net Assets 2019: $799,7112019Assets 2020: $1,065,967Liabilities 2020: $39,728Net Assets 2020: $1,026,2392020Assets 2021: $1,419,363Liabilities 2021: $41,807Net Assets 2021: $1,377,5562021Assets 2022: $1,289,765Liabilities 2022: $36,427Net Assets 2022: $1,253,3382022Assets 2023: $1,370,107Liabilities 2023: $40,475Net Assets 2023: $1,329,6322023Assets 2024: $1,416,669Liabilities 2024: $18,967Net Assets 2024: $1,397,7022024

Highlighted filing

2018

Assets$475,264
Liabilities$25,427
Net Assets$449,837

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2010: $321,8902010Revenue 2011: $392,446Expenses 2011: $387,539Net Income 2011: $4,9072011Expenses 2012: $370,7712012Revenue 2013: $390,169Expenses 2013: $400,981Net Income 2013: -$10,8122013Revenue 2014: $374,379Expenses 2014: $389,064Net Income 2014: -$14,6852014Revenue 2015: $448,911Expenses 2015: $391,840Net Income 2015: $57,0712015Revenue 2016: $432,963Expenses 2016: $388,331Net Income 2016: $44,6322016Revenue 2017: $487,785Expenses 2017: $412,673Net Income 2017: $75,1122017Revenue 2018: $507,944Expenses 2018: $425,219Net Income 2018: $82,7252018Revenue 2019: $824,771Expenses 2019: $474,897Net Income 2019: $349,8742019Revenue 2020: $708,357Expenses 2020: $481,829Net Income 2020: $226,5282020Revenue 2021: $943,661Expenses 2021: $582,584Net Income 2021: $361,0772021Revenue 2022: $836,696Expenses 2022: $960,914Net Income 2022: -$124,2182022Revenue 2023: $1,119,260Expenses 2023: $1,042,966Net Income 2023: $76,2942023Revenue 2024: $1,219,599Expenses 2024: $1,151,529Net Income 2024: $68,0702024

Highlighted filing

2018

Revenue$507,944
Expenses$425,219
Net Income$82,725
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Oct 30, 2019
Return Version
2018v3.1
Gross Receipts
$586,938
Mission and Program Overview

Mission

To cultivate responsible stewardship of coastal georgia's natural resources through education, conservation and research.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$261,205$365,739▲ $104,534
Inventories for Sale or Use$60,475$67,837▲ $7,362
Land, Buildings, and Equipment, Net$244,250$41,688▼ $202,562
Savings and Temporary Cash Investments$16,954--
Total Assets$582,884$475,264▼ $107,620
Liabilities
Deferred Revenue$13,000$12,750▼ $250
Accounts Payable and Accrued Expenses$4,280$10,679▲ $6,399
Other Liabilities$3,006$1,998▼ $1,008
Total Liabilities$20,286$25,427▲ $5,141
Net Assets / Fund Balance
Unrestricted Net Assets$496,548$385,873▼ $110,675
Temporarily Rstr Net Assets$66,050$63,964▼ $2,086
Total Net Assets Fund Balance$562,598$449,837▼ $112,761
Total Liabilities and Net Assets / Fund Balance$582,884$475,264▼ $107,620

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$10,325$109,042$119,367
Leasehold Improvements$31,363$42,273$73,636
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Maria ProcopioExec DirectoFT$55,125$4,362$59,487

Board Members and Trustees

NameTitle
Cathy SakasPresident
Carol PrideDirector
David MakelDirector
Karen RobertsonDirector
Kathryn WilliamsDirector
Lane JohnsonDirector
Mary Anne BeilDirector
Jeannie HuttonSecretary
Doug DuchTreasurer
Mike NealVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$51,419
Program Service Revenue
$355,091
Investment Income
$0
Other Revenue
$101,434
All Other Contributions
$13,207
Change in Net Assets
$82,725

Audited Revenue Reconciliation

Revenue per Audited Statements
$507,944
Revenue Not Reported on Form 990
$102,007
Total Revenue per Audited Statements
$609,951
Total Revenue per Form 990
$507,944
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$313,335
Other Expenses$111,884
Total Fundraising Expense$2,089
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$213,944--$213,944
Current Officers, Directors, Trustees, and Key Employees$29,743$27,959$1,785$59,487
Payroll Taxes$17,171$3,066$204$20,441
Other Employee Benefits$19,463--$19,463
Occupancy$17,439$918-$18,357
Fees for Services Accounting-$15,357-$15,357
Insurance$6,785$6,785-$13,570
All Other Expenses$9,159$2,720-$11,879
Advertising-$9,624-$9,624
Depreciation Depletion$7,803$411-$8,214
Other Expenses$4,858$5,317$100$4,858
Travel$2,915--$2,915
Fees for Services Other-$66-$66
Total Functional Expenses$340,937$82,193$2,089$425,219

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$527,226
Expenses per Audited Statements$425,219
Total Expenses per Form 990$425,219
Expenses Not Reported on Form 990$102,007
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$19,045
Fundraising Direct Expenses$10,827
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Turtle Trot$16,020$16,020$10,827$5,193
Total Events$16,020$16,020$10,827$5,193
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Taxes Payable$1,655
Sales Tax Payable$343
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The form 990 is provided to the board for review prior to filing.

Form 990, Page 6, Part VI, Line 12C

Each year, at the january meeting of the board of directors, each director shall annually sign a statement affirming that he/she: 1.has received a copy of the conflict of interest policy; 2.has read and understands the policy; 3.has agreed to comply with the policy; 4.understands that tybee island marine science foundation is charitable and in order to maintain its federal tax exemption must engage primarily in activities, which accomplish one or more of its tax-exempt purposes.

Form 990, Page 6, Part VI, Line 19

Governing documents are available upon request at the foundation location on tybee island.

Filing and Contact Details

Filer

Filer Name
Tybee Island Marine Science
EIN
58-1990772
Phone
9127865917
Address
1509 STRAND AVENUE, TYBEE ISLAND, GA 31328

Signing Officer

Name
Doug Duch
Title
Treasurer
Phone
9127865917
Signed
2019-10-30

Organization Details

Principal Officer
Doug Duch
Formed
1990
Legal Domicile
Ga
Voting Board Members
10
Independent Board Members
10
Employees
31
Volunteers
69

Preparer

Firm
Canady Hodges Caines & Richbourg Llp
Address
5302 FREDERICK ST STE 200, SAVANNAH, GA 31405
Preparer
Sarah D Richbourg
Phone
9123542910
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

Audience served- in 2018 the center served 56,839 program participants. Education programs- for the island's visitors we offer: walks, talks & treks: beach walks, turtle talks, whale tales, shark jaws, jelly jives, sift & sein, and marsh treks coastal georgia gallery sea camp: coastal kids ocean adventure - summer fun for the kids, but designed to fit your schedule for groups we offer: girl scouts - coastal badge program cub and boy scouts - barrier island patch program or oceanography merit badge program school groups, pre-k through college - coastal classroom, sidewalk to the sea, and coastal scientist programs corporate, family, and senior groups - authentic coastal experience all groups - floating classroom additionally, through our ocean outreach program we extend our educational reach to public and private events. Sidewalk to the sea sidewalk to the sea provides opportunities for k-6th grade students in the city's title i elementary schools to participate in structured, marine science-based field activities using the resources of the tybee island marine science center. The program provides students with exposure to their coastal and offshore environments, enhances classroom science and cross disciplinary learning, and supplements the instruction students receive to prepare them for standardized testing. Conservation programs our conservation programs include; the tybee sea turtle project, diamondback terrapin r&r, shore/seabird rescue, take the test - mindful beachcombing, lights out, we participate in the georgia loggerhead sea turtle genetic profiling study, and the national marine mammal stranding and sea turtle stranding/salvage networks. Stewardship strands we integrate stewardship strands throughout all of our programming: water quality, litter, marine debris, and storm drains.

Form 990, Part XI, Line 9

Cost of goods sold in financial stmt expenses 68,167 cost of goods sold included in financial stmt exps -68,167

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

Cost of goods sold in financial stmt expenses 68,167

Schedule D, Page 4, Part XII, Line 2D

Cost of goods sold included in financial stmt exps 68,167

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IRS990/Desc0AUDIENCE SERVED- IN 2018 THE CENTER SERVED 56,839 PROGRAM PARTICIPANTS. EDUCATION PROGRAMS- FOR THE ISLAND'S VISITORS WE OFFER: WALKS, TALKS & TREKS: BEACH WALKS, TURTLE TALKS, WHALE TALES, SHARK JAWS, JELLY JIVES, SIFT & SEIN, AND MARSH TREKS COASTAL GEORGIA GALLERY SEA CAMP: COASTAL KIDS OCEAN ADVENTURE - SUMMER FUN FOR THE KIDS, BUT DESIGNED TO FIT YOUR SCHEDULE FOR GROUPS WE OFFER: GIRL SCOUTS - COASTAL BADGE PROGRAM CUB AND BOY SCOUTS - BARRIER ISLAND PATCH PROGRAM OR OCEANOGRAPHY MERIT BADGE PROGRAM SCHOOL GROUPS, PRE-K THROUGH COLLEGE - COASTAL CLASSROOM, SIDEWALK TO THE SEA, AND COASTAL SCIENTIST PROGRAMS CORPORATE, FAMILY, AND SENIOR GROUPS - AUTHENTIC COASTAL EXPERIENCE ALL GROUPS - FLOATING CLASSROOM ADDITIONALLY, THROUGH OUR OCEAN OUTREACH PROGRAM WE EXTEND OUR EDUCATIONAL REACH TO PUBLIC AND PRIVATE EVENTS. SIDEWALK TO THE SEA SIDEWALK TO THE SEA PROVIDES OPPORTUNITIES FOR K-6TH GRADE STUDENTS IN THE CITY'S TITLE I ELEMENTARY SCHOOLS TO PARTICIPATE IN STRUCTURED, MARINE SCIENCE-BASED FIELD ACTIVITIES USING THE RESOURCES OF THE TYBEE ISLAND MARINE SCIENCE CENTER. THE PROGRAM PROVIDES STUDENTS WITH EXPOSURE TO THEIR COASTAL AND OFFSHORE ENVIRONMENTS, ENHANCES CLASSROOM SCIENCE AND CROSS DISCIPLINARY LEARNING, AND SUPPLEMENTS THE INSTRUCTION STUDENTS RECEIVE TO PREPARE THEM FOR STANDARDIZED TESTING. CONSERVATION PROGRAMS OUR CONSERVATION PROGRAMS INCLUDE; THE TYBEE SEA TURTLE PROJECT, DIAMONDBACK TERRAPIN R&R, SHORE/SEABIRD RESCUE, TAKE THE TEST - MINDFUL BEACHCOMBING, LIGHTS OUT, WE PARTICIPATE IN THE GEORGIA LOGGERHEAD SEA TURTLE GENETIC PROFILING STUDY, AND THE NATIONAL MARINE MAMMAL STRANDING AND SEA TURTLE STRANDING/SALVAGE NETWORKS. STEWARDSHIP STRANDS WE INTEGRATE STEWARDSHIP STRANDS THROUGHOUT ALL OF OUR PROGRAMMING: WATER QUALITY, LITTER, MARINE DEBRIS, AND STORM DRAINS.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0COST OF GOODS SOLD IN FINANCIAL STMT EXPENSES 68,167
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1COST OF GOODS SOLD INCLUDED IN FINANCIAL STMT EXPS 68,167
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AUDIENCE SERVED- IN 2018 THE CENTER SERVED 56,839 PROGRAM PARTICIPANTS. EDUCATION PROGRAMS- FOR THE ISLAND'S VISITORS WE OFFER: WALKS, TALKS & TREKS: BEACH WALKS, TURTLE TALKS, WHALE TALES, SHARK JAWS, JELLY JIVES, SIFT & SEIN, AND MARSH TREKS COASTAL GEORGIA GALLERY SEA CAMP: COASTAL KIDS OCEAN ADVENTURE - SUMMER FUN FOR THE KIDS, BUT DESIGNED TO FIT YOUR SCHEDULE FOR GROUPS WE OFFER: GIRL SCOUTS - COASTAL BADGE PROGRAM CUB AND BOY SCOUTS - BARRIER ISLAND PATCH PROGRAM OR OCEANOGRAPHY MERIT BADGE PROGRAM SCHOOL GROUPS, PRE-K THROUGH COLLEGE - COASTAL CLASSROOM, SIDEWALK TO THE SEA, AND COASTAL SCIENTIST PROGRAMS CORPORATE, FAMILY, AND SENIOR GROUPS - AUTHENTIC COASTAL EXPERIENCE ALL GROUPS - FLOATING CLASSROOM ADDITIONALLY, THROUGH OUR OCEAN OUTREACH PROGRAM WE EXTEND OUR EDUCATIONAL REACH TO PUBLIC AND PRIVATE EVENTS. SIDEWALK TO THE SEA SIDEWALK TO THE SEA PROVIDES OPPORTUNITIES FOR K-6TH GRADE STUDENTS IN THE CITY'S TITLE I ELEMENTARY SCHOOLS TO PARTICIPATE IN STRUCTURED, MARINE SCIENCE-BASED FIELD ACTIVITIES USING THE RESOURCES OF THE TYBEE ISLAND MARINE SCIENCE CENTER. THE PROGRAM PROVIDES STUDENTS WITH EXPOSURE TO THEIR COASTAL AND OFFSHORE ENVIRONMENTS, ENHANCES CLASSROOM SCIENCE AND CROSS DISCIPLINARY LEARNING, AND SUPPLEMENTS THE INSTRUCTION STUDENTS RECEIVE TO PREPARE THEM FOR STANDARDIZED TESTING. CONSERVATION PROGRAMS OUR CONSERVATION PROGRAMS INCLUDE; THE TYBEE SEA TURTLE PROJECT, DIAMONDBACK TERRAPIN R&R, SHORE/SEABIRD RESCUE, TAKE THE TEST - MINDFUL BEACHCOMBING, LIGHTS OUT, WE PARTICIPATE IN THE GEORGIA LOGGERHEAD SEA TURTLE GENETIC PROFILING STUDY, AND THE NATIONAL MARINE MAMMAL STRANDING AND SEA TURTLE STRANDING/SALVAGE NETWORKS. STEWARDSHIP STRANDS WE INTEGRATE STEWARDSHIP STRANDS THROUGHOUT ALL OF OUR PROGRAMMING: WATER QUALITY, LITTER, MARINE DEBRIS, AND STORM DRAINS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS PROVIDED TO THE BOARD FOR REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH YEAR, AT THE JANUARY MEETING OF THE BOARD OF DIRECTORS, EACH DIRECTOR SHALL ANNUALLY SIGN A STATEMENT AFFIRMING THAT HE/SHE: 1.HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY; 2.HAS READ AND UNDERSTANDS THE POLICY; 3.HAS AGREED TO COMPLY WITH THE POLICY; 4.UNDERSTANDS THAT TYBEE ISLAND MARINE SCIENCE FOUNDATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION MUST ENGAGE PRIMARILY IN ACTIVITIES, WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST AT THE FOUNDATION LOCATION ON TYBEE ISLAND.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COST OF GOODS SOLD IN FINANCIAL STMT EXPENSES 68,167 COST OF GOODS SOLD INCLUDED IN FINANCIAL STMT EXPS -68,167
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9
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IRS990/SubjectToProxyTaxInd0false

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.42$0.02$1.40$1.22$1.15$0.07
2023Detailed filing. Detailed filing data is available for this year.$1.37$0.04$1.33$1.12$1.04$0.08
2022Detailed filing. Detailed filing data is available for this year.$1.29$0.04$1.25$0.84$0.96$0.12
2021Detailed filing. Detailed filing data is available for this year.$1.42$0.04$1.38$0.94$0.58$0.36
2020Detailed filing. Detailed filing data is available for this year.$1.07$0.04$1.03$0.71$0.48$0.23
2019Detailed filing. Detailed filing data is available for this year.$0.82$0.02$0.80$0.82$0.47$0.35
2018Detailed filing. Detailed filing data is available for this year.$0.48$0.03$0.45$0.51$0.43$0.08
2017Detailed filing. Detailed filing data is available for this year.$0.58$0.02$0.56$0.49$0.41$0.08
2016Detailed filing. Detailed filing data is available for this year.$0.51$0.01$0.50$0.43$0.39$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.47$0.01$0.45$0.45$0.39$0.06
2014Detailed filing. Detailed filing data is available for this year.$0.41$0.02$0.39$0.37$0.39$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.43$0.02$0.41$0.39$0.40$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.43$0.02$0.42$0.37
2011Summary only. Only limited summary data is available for this year.$0.30$0.02$0.27$0.39$0.39$0.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.29$0.02$0.27$0.32