Civic Intelligence

Sea Turtle Conservancy

990 • Fiscal year 2019 • EIN 59-6151069

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 11, 2020

4581 NW 6th St Suite AGainesville, FL 32609

(352) 373-6441

Siviq Scores

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

Liabilities / Assets

41st percentile

0.09x

Higher debt load relative to assets than 41% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

44th percentile

0.13x

Higher debt load relative to revenue than 44% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Net Margin

52nd percentile

3.3%

Higher net margin than 52% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

67th percentile

$165,414

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 4.5% of source-year revenue.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Asset Growth

53rd percentile

4.0%

Faster asset growth than 53% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

69th percentile

13%

Faster revenue growth than 69% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Assets

Up

$5,284,310

Up $204,866 (+4.0%) from 2018

Net Assets

Up

$4,820,561

Up $328,122 (+7.3%) from 2018

Liabilities

Down

$463,749

Down $123,256 (-21%) from 2018

Revenue

Up

$3,677,980

Up $416,070 (+13%) from 2018

Expenses

Up

$3,557,856

Up $672,388 (+23%) from 2018

Net Income

Down

$120,124

Down $256,318 (-68%) from 2018

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2013: $3,968,572Liabilities 2013: $149,221Net Assets 2013: $3,819,3512013Assets 2014: $4,136,967Liabilities 2014: $306,443Net Assets 2014: $3,830,5242014Assets 2015: $4,280,084Liabilities 2015: $287,546Net Assets 2015: $3,992,5382015Assets 2016: $4,691,078Liabilities 2016: $432,897Net Assets 2016: $4,258,1812016Assets 2017: $4,718,370Liabilities 2017: $314,334Net Assets 2017: $4,404,0362017Assets 2018: $5,079,444Liabilities 2018: $587,005Net Assets 2018: $4,492,4392018Assets 2019: $5,284,310Liabilities 2019: $463,749Net Assets 2019: $4,820,5612019Assets 2020: $5,966,661Liabilities 2020: $545,068Net Assets 2020: $5,421,5932020Assets 2021: $6,664,013Liabilities 2021: $481,643Net Assets 2021: $6,182,3702021Assets 2022: $7,318,707Liabilities 2022: $606,760Net Assets 2022: $6,711,9472022Assets 2024: $9,343,098Liabilities 2024: $548,916Net Assets 2024: $8,794,1822024

Highlighted filing

2019

Assets$5,284,310
Liabilities$463,749
Net Assets$4,820,561

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2013: $1,971,266Expenses 2013: $2,142,106Net Income 2013: -$170,8402013Revenue 2014: $2,450,071Expenses 2014: $2,392,878Net Income 2014: $57,1932014Revenue 2015: $2,995,931Expenses 2015: $2,883,665Net Income 2015: $112,2662015Revenue 2016: $3,034,146Expenses 2016: $2,864,242Net Income 2016: $169,9042016Revenue 2017: $3,392,714Expenses 2017: $3,339,353Net Income 2017: $53,3612017Revenue 2018: $3,261,910Expenses 2018: $2,885,468Net Income 2018: $376,4422018Revenue 2019: $3,677,980Expenses 2019: $3,557,856Net Income 2019: $120,1242019Revenue 2020: $3,700,749Expenses 2020: $3,293,063Net Income 2020: $407,6862020Revenue 2021: $4,663,410Expenses 2021: $4,184,468Net Income 2021: $478,9422021Revenue 2022: $4,862,088Expenses 2022: $3,980,501Net Income 2022: $881,5872022Revenue 2024: $4,092,162Expenses 2024: $4,443,288Net Income 2024: -$351,1262024

Highlighted filing

2019

Revenue$3,677,980
Expenses$3,557,856
Net Income$120,124
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 11, 2020
Return Version
2019v5.0
Gross Receipts
$3,775,308
Mission and Program Overview

Mission

To ensure the survival of sea turtles within the wider caribbean basin and atlantic through research, education, training, advocacy and protection of the natural habitats upon which they depend.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,009,544$2,286,115▲ $276,571
Savings and Temporary Cash Investments$2,116,496$1,211,484▼ $905,012
Pledges and Grants Receivable$147,465$795,403▲ $647,938
Cash and Non-Interest-Bearing Accounts$470,282$632,532▲ $162,250
Land, Buildings, and Equipment, Net$273,519$296,459▲ $22,940
Inventories for Sale or Use$35,437$39,691▲ $4,254
Prepaid Expenses and Deferred Charges$26,701$22,626▼ $4,075
Total Assets$5,079,444$5,284,310▲ $204,866
Liabilities
Deferred Revenue$452,038$257,630▼ $194,408
Accounts Payable and Accrued Expenses$134,967$169,393▲ $34,426
Escrow Account Liability-$36,726-
Total Liabilities$587,005$463,749▼ $123,256
Net Assets / Fund Balance
Net Assets With Donor Restrictions$2,870,491$3,115,261▲ $244,770
Net Assets Without Donor Restrictions$1,621,948$1,705,300▲ $83,352
Total Net Assets Fund Balance$4,492,439$4,820,561▲ $328,122
Total Liabilities and Net Assets / Fund Balance$5,079,444$5,284,310▲ $204,866

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$188,152$496,756$684,908
Equipment$83,007$286,240$369,247
Land$25,300-$25,300

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$2,158,962$26,160▲ $249,139$25,000$2,409,261
2018$2,529,608$8,740▼ $279,386$100,000$2,158,962
2017$2,541,453$9,188▲ $78,967$100,000$2,529,608
2016$2,569,408$22,065▲ $84,980$135,000$2,541,453
2015$2,628,708$6,602▲ $34,098$100,000$2,569,408
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
David GodfreyCEOFT$149,022$26,334$165,414
Patricia MccloskeyCFOFT$110,545$12,160$122,705

Board Members and Trustees

NameTitle
F Peter RoseChairman
Laura FortePresident
Anthony D Knerr Ph DBoard Member
Archie Carr Iii PhdBoard Member
Chris RajcziBoard Member
David W Ehrenfeld Md Ph DBoard Member
Elise FrickBoard Member
H Clay Frick IiiBoard Member
Helen StamatacosBoard Member
Jeffrey S PhippsBoard Member
Jordan Urstadt EsqBoard Member
Kim OgrenBoard Member
Landon H ClayBoard Member
Michael FeldBoard Member
Michael P Bruyere EsqBoard Member
Peggy CavanaughBoard Member
Rick ClevelandBoard Member
Shirley SanchezBoard Member
Sing WilliamsBoard Member
Mark D ShantzisSecretary
Nicholas a ShufroTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,929,476
Program Service Revenue
$425,234
Investment Income
$63,649
Other Revenue
$259,621
All Other Contributions
$1,970,662
Change in Net Assets
$120,124

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded2$30,033Estimated Fair Value
Other Non Cash Contri Table81$661Estimated Fair Value
Total Noncash Contributions83$30,694-

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,615,616
Revenue Not Reported on Financial Statements
$62,364
Revenue Not Reported on Form 990
$97,328
Other Revenue Adjustments
$62,364
Total Revenue per Audited Statements
$3,712,944
Total Revenue per Form 990
$3,677,980
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,626,441
Salaries, Compensation, and Employee Benefits$1,053,947
Grants and Similar Amounts Paid$877,468
Total Fundraising Expense$220,584
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$877,468--$877,468
Other Salaries and Wages$471,474$16,533$40,175$528,182
Current Officers, Directors, Trustees, and Key Employees$176,180$69,094$42,845$288,119
Travel$245,950$10,498$11,200$267,648
Other Employee Benefits$76,093$29,662$30,667$136,422
Office Expenses$72,286$5,521$51,824$129,631
Occupancy$98,887$18,337$6,237$123,461
All Other Expenses$93,262-$250$93,512
Other Expenses$78,685$5,220$6,015$89,920
Information Technology$52,272$2,963$5,863$61,098
Payroll Taxes$49,942$4,641$4,681$59,264
Depreciation Depletion$46,099$147$293$46,539
Fees for Services Other$35,547$5,773$2,790$44,110
Pension Plan Contributions$38,951$204$2,805$41,960
Insurance$15,174$9,707-$24,881
Fees for Services Accounting$2,559$15,150-$17,709
Fees for Service Investment Mgmnt Fees-$9,452-$9,452
Fees for Services Legal$7,462--$7,462
Advertising$600-$386$986
Total Functional Expenses$3,121,686$215,586$220,584$3,557,856

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,645,732
Total Expenses per Form 990$3,557,856
Expenses per Audited Statements$3,548,404
Expenses Not Reported on Form 990$97,328
Expenses Not Reported on Financial Statements$9,452
Other Expense Adjustments$9,452
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Caribbean Resort CondominiumNavarre, FLGovLighting$68,097
Beach Colony on Navarre WestNavarre, FL3Lighting$57,151
Florida State UniversityTallahassee, FLGovResearch$42,861
Destin West Beach and Bay ResortFort Walton Beach, FL3Lighting$40,365
The Pearl of Navarre BeachNavarre Beach, FL-Lighting$36,129
Gulfarium Care FoundationFort Walton Beach, FL-Conservation$35,314
Mote Marine LaboratorySarasota, FL-Conserv/research$35,256
East Coast Zoological Society of FlMelbourne, FL3Conservation$31,102
University of Central FloridaOrlando, FL-Research$30,243
Seaspray Perdido Key Owners AssocPensacola, FL-Lighting$30,154
The Mariner Owners Assoc IncPensacola, FL-Lighting$28,455
After School FilmNorth Miami, FL3Education$28,449
Cws Condominium Assoc IncClearwater, FL3Lighting$28,415
Gumbo Limbo Nature CenterBoca Raton, FL-Conservation$25,500
Loggerhead MarineJuno Beach, FL-Research$22,915
Destin on the Gulf Condo Assoc IncDestin, FL3Lighting$21,718
Hidden Harbor Marine EnvironmentMarathon, FL-Conservation$20,282
University of Florida FoundationSt Augustine, FL-Conservation$19,782
Gulf World Marine InstitutePanama City Beach, FL3Conservation$17,659
CORAL REEF CLUB OWNER'S ASSOCDestin, FL3Lighting$16,961
The Breakers of Fort Walton BeachFort Walton Beach, FL-Lighting$16,465
Inlet Reef Club Condominium AssocDestin, FL-Lighting$15,191
Breakers East Owners AssocDestin, FL3Lighting/dune Plant$14,762
University of FloridaGainesville, FL-Research/conserv.$13,191
Jade East Towers Owners AssocDestin, FL-Lighting$12,436
Conservancy of Southwest FloridaNaples, FL3Research$12,275
Twin Shores Beach & Marina IncLongboat Key, FL-Lighting$10,719
OCEAN'S REACH CONDO ASSOC INCSanibel, FL-Lighting$9,603
Florida Leatherbacks IncPalm Gardens, FL3Research$9,427
Surf Dweller Owners Assoc IncFort Walton Beach, FL-Lighting$9,196
Destin Seafarer Condominium AssocDestin, FL3Dune Planting$8,889
Destin Beach Club Owners AssocDestin, FL3Dune Planting$8,690
Inwater Research Group IncJensen Beach, FL-Research$8,457
Perdido Skye Owner Assoc IncPensacola, FL-Lighting$8,279
Sea Oats on the Beach CondominiumDestin, FL-Lighting$7,686
Sanibel Captiva Conservation FoundSanibel, FL-Conservation$7,210
Aqua Villa Condominium Assoc IncDestin, FL3Lighting$7,068
Sunset Inn IncPanama City Beach, FL-Lighting$6,887
Shipwatch Condominium Assoc IncPensacola, FL-Lighting$5,967

International Summary

Offices
2
Employees
117
Spending
$1,085,739

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Central America and the CaribbeanProgram ServicesConserve Sea Turtles2117$1,085,739
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
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
Yes
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 2

H. Clay frick, iii elise frick board member board member family relationship

Form 990, Page 6, Part VI, Line 8B

There are no committees with the authority to act on behalf of the governing body.

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

The form 990 is prepared with the assistance of a certified public accounting firm and is reviewed and approved by the cfo and ceo of the organization,then sent to members of the board. Once filed, the form is made available to the public on stc's website, guide star and charity navigator websites, and upon request.

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

The board of directors have approved a conflict of interest policy and any conflicts are discussed at board meetings, which are held at least twice a year. Upon any conflicts, they refrain from the voting process. New board members are advised of the policy and provided a copy of the conflict of interest statement. Possible conflicts of interest with staff members are monitored by the cfo, then referred to the executive director for resolution.

Form 990, Page 6, Part VI, Line 15A

The board of directors annually evaluates the performance of ceo, david godfrey. Comparability data is obtained, presented, and documented by the treasurer. The board then discusses and determines any increases in salary. The ceo completes the evaluation of all other employees and determines compensation.

Form 990, Page 6, Part VI, Line 19

All such documents are made available upon request.

Filing and Contact Details

Filer

Filer Name
Sea Turtle Conservancy
EIN
59-6151069
Phone
3523736441
Address
4581 NW 6TH ST SUITE A, GAINESVILLE, FL 32609

Signing Officer

Name
Patricia Mccloskey
Title
CFO
Phone
3523736441
Signed
2020-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Godfrey
Formed
1960
Legal Domicile
Fl
Voting Board Members
21
Independent Board Members
20
Employees
17
Volunteers
129

Preparer

Firm
Kattell & Company Pl
Address
808B NW 16TH AVE, GAINESVILLE, FL 32601
Preparer
Stephen Kattell
Phone
3523956565
Supplemental Narrative

Additional Explanations

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

Barrier island center - the barrier island center (bic) is an educational center located in the heart of the archie carr refuge (the refuge) in melbourne, florida. The refuge is a major nesting site for sea turtles. The bic provides a focal point for the refuge and the associated barrier island by providing exhibit space, a presentation hall and ongoing educational programs that promote stewardship of the area's fragile natural resources. Through a partnership with the brevard county environmentally endangered lands program, stc oversees and conducts the educational programs offered at the bic, and manages a small gift shop. Panama research and conservation - a collaborative sea turtle research and conservation initiative based at bocas del toro on panama's north caribbean coast. Modeled after stc's tortuguero program, the purpose of the panama project is to study, protect and recover local populations of leatherback and hawksbill turtles, both of which nest in globally significant numbers in the region. The project includes ongoing monitoring, protection and education activities at chiriqui beach, playa larga, red beach and escudo de veraguas, soropta and colon, bluff beach and the zapatilla cays. International programs - these programs protect sea turtles by expanding conservation, education and policy initiatives in a variety of activities throughout the world.

Form 990, Part V, Line 4B

COSTA RICA, PANAMA

Financial Statement Notes

Schedule D, Page 2, Part IV, Line 2B

The organization manages the administrative duties for the turtle spotter's activity conducted in tortuguero, costa rica. As part of these duties, the organization collects fees and holds the funds until directed to distribute them in accordance with the directions of a local committee. The revenue of the turtle spotters program is not the revenue of stc; therefore, the amount stc holds at year end is reported as a liability.

Schedule D, Page 2, Part V, Line 4

Earnings from the endowment funds are used to fund research and conservation of sea turtles.

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

COST OF SALES 97,328

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

INVESTMENT INCOME 62,364

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

COST OF SALES 97,328

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

INVESTMENT FEES 9,452

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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