Civic Intelligence

Reef Ball Foundation Inc.

990 • Fiscal year 2020 • EIN 65-0785751

Oct 01, 2019 to Sep 30, 2020 • Filed on Jul 08, 2021

890 Hill StreetAthens, GA 30606

(706) 714-4399

Siviq Scores

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

Liabilities / Assets

38th percentile

0.01x

Higher debt load relative to assets than 38% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

31st percentile

0.00x

Higher debt load relative to revenue than 31% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

80th percentile

30%

Higher net margin than 80% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

82nd percentile

$82,344

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 11.1% of source-year revenue.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

99th percentile

822%

Faster asset growth than 99% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

97th percentile

228%

Faster revenue growth than 97% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$241,410

Up $215,229 (+822%) from 2019

Net Assets

Up

$238,875

Up $224,921 (+1612%) from 2019

Liabilities

Down

$2,535

Down $9,692 (-79%) from 2019

Revenue

Up

$744,118

Up $517,292 (+228%) from 2019

Expenses

Up

$519,197

Up $276,008 (+113%) from 2019

Net Income

Up

$224,921

Up $241,284 (+1475%) from 2019

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $65,130Liabilities 2011: $7,354Net Assets 2011: $57,7762011Assets 2012: $62,249Liabilities 2012: $6,299Net Assets 2012: $55,9502012Assets 2013: $82,761Liabilities 2013: $2,227Net Assets 2013: $80,5342013Assets 2014: $66,157Liabilities 2014: $8,506Net Assets 2014: $57,6512014Assets 2015: $23,463Liabilities 2015: $18,366Net Assets 2015: $5,0972015Assets 2016: $64,066Liabilities 2016: $10,176Net Assets 2016: $53,8902016Assets 2017: $29,388Liabilities 2017: $16,337Net Assets 2017: $13,0512017Assets 2018: $46,644Liabilities 2018: $16,327Net Assets 2018: $30,3172018Assets 2019: $26,181Liabilities 2019: $12,227Net Assets 2019: $13,9542019Assets 2020: $241,410Liabilities 2020: $2,535Net Assets 2020: $238,8752020Assets 2021: $413,039Liabilities 2021: $478Net Assets 2021: $412,5612021Assets 2022: $324,472Liabilities 2022: $431Net Assets 2022: $324,0412022Assets 2023: $236,365Liabilities 2023: $4,934Net Assets 2023: $231,4312023Assets 2024: $214,504Liabilities 2024: $3,246Net Assets 2024: $211,2582024

Highlighted filing

2020

Assets$241,410
Liabilities$2,535
Net Assets$238,875

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $382,796Expenses 2011: $379,691Net Income 2011: $3,1052011Revenue 2012: $369,380Expenses 2012: $372,504Net Income 2012: -$3,1242012Revenue 2013: $358,723Expenses 2013: $334,139Net Income 2013: $24,5842013Revenue 2014: $364,154Expenses 2014: $387,037Net Income 2014: -$22,8832014Revenue 2015: $218,006Expenses 2015: $270,560Net Income 2015: -$52,5542015Revenue 2016: $387,205Expenses 2016: $338,413Net Income 2016: $48,7922016Revenue 2017: $401,733Expenses 2017: $442,572Net Income 2017: -$40,8392017Revenue 2018: $474,454Expenses 2018: $457,189Net Income 2018: $17,2652018Revenue 2019: $226,826Expenses 2019: $243,189Net Income 2019: -$16,3632019Revenue 2020: $744,118Expenses 2020: $519,197Net Income 2020: $224,9212020Revenue 2021: $722,566Expenses 2021: $548,880Net Income 2021: $173,6862021Revenue 2022: $358,395Expenses 2022: $446,915Net Income 2022: -$88,5202022Revenue 2023: $264,305Expenses 2023: $356,915Net Income 2023: -$92,6102023Revenue 2024: $447,117Expenses 2024: $467,290Net Income 2024: -$20,1732024

Highlighted filing

2020

Revenue$744,118
Expenses$519,197
Net Income$224,921
Jump To
Filing Snapshot
Filing Period
Oct 1, 2019 to Sep 30, 2020
Signed
Jul 8, 2021
Return Version
2019v5.2
Gross Receipts
$744,118
Mission and Program Overview

Mission

To rehabilitate our world's oceanreef ecosystems and to protect our natural reef systems using reef ball artificial reef technologies. Reef balls are artificial reef modules placed in the ocean to form reef habitat.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$24,883$240,625▲ $215,742
Land, Buildings, and Equipment, Net$1,185$672▼ $513
Savings and Temporary Cash Investments$113$113→ $0
Total Assets$26,181$241,410▲ $215,229
Liabilities
Accounts Payable and Accrued Expenses$12,227$2,535▼ $9,692
Total Liabilities$12,227$2,535▼ $9,692
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$13,954$238,875▲ $224,921
Total Net Assets Fund Balance$13,954$238,875▲ $224,921
Total Liabilities and Net Assets / Fund Balance$26,181$241,410▲ $215,229

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$672$43,251$43,923
Other Land Buildings$0--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Todd BarberBoard ChairmanFT$82,344$82,344
Katherine KirboExecutive DirectorFT$75,833$75,833

Board Members and Trustees

NameTitle
Larry BeggsVice President
Don BrawleyDirector
Doug HollingsworthDirector
Dr Catherine JadotDirector
Eric KrasleDirector
J WadeDirector
Javier DajerDirector
Jerry BarberDirector
Jim StrackDirector
Lorna SladeDirector
Marsha PardeeDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$82,123
Program Service Revenue
$201,260
Investment Income
$0
Other Revenue
$460,735
All Other Contributions
$82,123
Change in Net Assets
$224,921
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$348,919
Salaries, Compensation, and Employee Benefits$170,278
Total Fundraising Expense$18,921
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$102,815$39,544$15,818$158,177
Payroll Taxes$7,866$3,025$1,210$12,101
Fees for Services Accounting-$10,500-$10,500
Information Technology$2,478$953$381$3,812
Fees for Services Other$1,841$1,318$284$3,443
Office Expenses$1,927$741$297$2,965
Other Expenses$771$297$119$1,187
Depreciation Depletion$334$128$51$513
Travel$443--$443
Interest-$290-$290
All Other Expenses$117$145$18$280
Fees for Services Legal$186--$186
Total Functional Expenses$441,479$58,797$18,921$519,197
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
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Jerry barber is todd barber's father.

Form 990, Part VI, Section B, Line 11B

A copy of the 990 is included in the board book materials, which are distributed to all board members.

Form 990, Part VI, Section B, Line 12

Board members are advised of the conflict of interest policy when they join the board. Members do not vote on issues when there might be an appearance of a conflict of interest.

Form 990, Part VI, Section C, Line 19

Copies of the organization's financial statements and governing documents are available to the public upon request during regular business hours.

Filing and Contact Details

Filer

Filer Name
Reef Ball Foundation Inc
EIN
65-0785751
Phone
7067144399
Address
890 HILL STREET, ATHENS, GA 30606

Signing Officer

Name
Katherine Kirbo
Title
Executive Director
Phone
7067144399
Signed
2021-07-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Katherine Kirbo
Formed
1993
Legal Domicile
Ga
Voting Board Members
12
Independent Board Members
11
Employees
2
Volunteers
0

Preparer

Firm
Jones and Kolb
Address
3475 PIEDMONT ROAD NE SUITE 1500, ATLANTA, GA 30305
Preparer
G Bliss Jones
Phone
4042627920
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Line 4A

Confederacy of mainland mi'kmaq, nova scotia, canada mi'kmaq conservation group reef ball project continued. The goal of their project is to restore coastal habitats along the northumberland strait & the bay of fundy. The custom reef ball system that will be deployed to provide shelter and habitat for fish and lobster. Members of the mi'kmaw conservation group, a program run by the confederacy of mainland mi'kmaq, spent the summer building the large concrete reef balls, which weigh between 70 and 90 kilograms. The unique project has been met with enthusiasm from members of the community, many of whom have been hired over the last several months to be part of it, said francis. It's been really great for me to be able to do good work like this in my own home community," he said. N the future, francis hopes to use artificial reefs to offset damage done by development projects. Companies would pay to create the habitat if their projects encroach on sensitive ecosystems, he said. To make sure the artificial reefs are doing what they're supposed to, a dive team will check on them over the next few years. "we'll be recording species that have come in and colonized [the reef balls] and what sort of changes are going on down there," francis said. Presidio trust: san francisco bay, california continuing our project in san, francisco. This project was initiated by the presidio trust in partnership with other local organizations to restore the oyster population and help forge out the water. One of its key functions is its ability to act as a mini-filter. Although small, the oyster can take in large quantities of sea water - as much as 20 to 30 quarts an hour - and extract pollutants and algae-causing plankton.the reefs may also serve to protect shorelines from wave action and erosion, key as the region faces sea-level rise. The work is part of a larger project to create a living shoreline and improve habitat for pacific herring, salmon, fish, birds, and a variety of other species in the san francisco bay. Chesapeake bay foundation continued long term partnership with cbf. Projects for oyster habitat restoration, shoreline renewal, research and community education. The chesapeake bay foundation devotes a lot of time and energy into hands-on reef ball educational projects for students and volunteers. Philippines: masbate reef ball project reef ball news from the philippines via department of the environment and natural resources- mgb region 5 in line with this event and consistent with the constitutional provision that recognizes the responsibility of the state to protect the nation's marine wealth, the masbate gold project in aroroy, masbate under the supervision of the mines and geosciences bureau regional office no. V has partnered with the municipality of aroroy to establish the colorada marine protected area (cmpa) in sitio colorada, barangay tigbao, aroroy, masbate thru municipal order no. 031-2017 signed last september 12, 2017. The project aims to revive the coral cover around the coastal community of port barera in aroroy, masbate; to help aroroy's marine resources recover and to provide livelihood opportunities for the community in partnership with the local government, community, and private sector. The project site had been the subject of human neglect and abuse. Fortunately, however, as of january 2021, a total of 2,203 reef balls deployed since 2017 and 1,603 reef balls are off for deployment with an approximately of 23,100 corals propagated. This exemplary move will improve the fish population in reef balls deployment sites. However, this project needs a continuous engagement with the lgu-aroroy to strengthen management and law enforcement at the said marine protected area. This year's month of the ocean's theme: "the science we need for the ocean we want" highlights the importance of science as a reliable method to address the adverse impacts of climate change, marine pollution, loss of marine species and marine degradation.

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IRS990/ActivityOrMissionDesc0TO REHABILITATE OUR WORLD'S OCEANREEF ECOSYSTEMS AND TO PROTECT OUR NATURAL REEF SYSTEMS USING REEF BALL ARTIFICIAL REEF TECHNOLOGIES. REEF BALLS ARE ARTIFICIAL REEF MODULES PLACED IN THE OCEAN TO FORM REEF HABITAT.
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IRS990/Desc0PROTECT NATURAL REEF SYSTEMS THROUGH EDUCATION AND COMMUNITY INVOLVEMENT.SARASOTA BAY ESTUARY PROGRAMFOR MORE THAN A DECADE, SBEP HAS BEEN CREATING ARTIFICIAL REEFS WITHIN SARASOTA BAY. THE ARTIFICIAL REEF PROGRAM BEGAN WITH THE DEVELOPMENT OF A MASTER PLAN IN 1996. ONE OUTCOME OF THIS PLAN WAS THE IDENTIFICATION OF TWENTY POSSIBLE SITES FOR THE CREATION OF ARTIFICIAL REEFS. THE TWO MAIN CRITERIA FOR SITE SELECTION WERE 1) APPROPRIATE SEDIMENT CHARACTERISTICS (FOR SUPPORTING THE REEF STRUCTURE) AND 2) PROPER DEPTH AND LOCATION SO AS NOT TO IMPEDE NAVIGATION. CURRENTLY, THE SBEP CURRENTLY HAS EIGHT ARTIFICIAL REEFS WITHIN SARASOTA BAY. THESE REEFS WERE CREATED PRIMARILY FROM PREFABRICATED "REEF BALL" MODULES. REEF BALL MODULES ARE CEMENT DOMES- HEMISPHERES-OF VARIOUS DIAMETERS WITH PERFORATIONS FOR THE PASSAGE OF FISH. SINCE 2000, ROUGHLY 2,500 REEF MODULES HAVE BEEN USED TO CREATE THE EXISTING REEFS. OTHER MATERIALS, SUCH AS PVC PIPE, HAVE BEEN USED SUCCESSFULLY AT TWO ADDITIONAL ARTIFICIAL REEFS IN SARASOTA BAY. FURTHERMORE, REEF BALLS ARE BEING DEPLOYED AROUND NAVIGATION CHANNEL MARKERS THROUGHOUT THE BAY TO CREATE ADDITIONAL OPEN WATER JUVENILE FISH HABITAT. THE SBEP IS SUPPORTING A STUDY BY MOTE MARINE LABORATORY TO DETERMINE THE MOST OPTIMAL CONFIGURATION OF REEF MODULES FOR MAXIMIZING FISH USAGE. BY DIRECT UNDERWATER OBSERVATIONS, SCIENTISTS ARE TABULATING FISH DIVERSITY AND ABUNDANCE ON REEF MODULES OF DIFFERENT SIZES DURING EACH SEASON. THE FINDINGS FROM THIS STUDY WILL IDENTIFY REEF DESIGNS AND DEPLOYMENTS THAT WILL SUPPORT THE MOST FAVORABLE FISH COMMUNITIES.ST. LUCIE, FL NUCLEAR POWER PLANTREEF BALLS WERE PLACED OFF THE SHORE OF THE FLORIDA POWER AND LIGHT ST. LUCIE NUCLEAR POWER PLANT TO ABSORB WAVE ENERGY AND PROTECT THE SHORELINE FROM EROSION. "ONE OF THE BENEFITS TO BE ABLE TO PUT IT HERE," HOLLOWELL SAID, "WE ARE GOING TO HAVE TO MONITOR IT FOR 4 YEARS TO UNDERSTAND THE IMPACTS. WE'RE GOING TO BE ABLE TO LEARN A LOT, AND IF IT WORKS, IT WILL BE VERY BENEFICIAL FOR PEOPLE UP AND DOWN THE COAST."CONNECTICUT-STRATFORD POINT LIVING SHORELINE WITH REEF BALLS WINS NATIONAL AWARDSTRATFORD POINT LIVING SHORELINE, A RESEARCH PROJECT HEADED BY SACRED HEART UNIVERSITY BIOLOGY PROFESSOR JENNIFER MATTEI WITH MEMBERS OF HER LAB, HAS RECEIVED THE BEST RESTORED SHORE AWARD FROM THE AMERICAN SHORE & BEACH PRESERVATION ASSOCIATION (ASBPA) THE PROJECT IS MANAGED BY AUDUBON CONNECTICUT. IT COMPRISES ARTIFICIAL "REEF BALLS;" SMOOTH, CORDGRASS MARSH; HIGH MARSH; COASTAL DUNES AND COASTAL FOREST/GRASSLAND MOSAICS. ITS PURPOSE IS TO ESTABLISH A SHELLFISH REEF, ESTABLISH NATURAL PROTECTIONS AGAINST WAVE ENERGY AND DISRUPT COASTAL EROSION. IN 2014, A PILOT PROJECT WAS INSTALLED AT THE SITE USING 64 CEMENT REEF BALLS, EACH WEIGHING 1,500 POUNDS, TO ABSORB WAVE ENERGY AND REDUCE EROSION. AS A RESULT OF THESE STRUCTURES, IN JUST TWO YEARS, SAND DEPOSITS ROSE 12 INCHES BOTH BEHIND AND IN SOME AREAS IN FRONT OF THE REEF. IN ONE YEAR, THE PLANTED SALTMARSH GRASSES DOUBLED IN SIZE.THE LIVING SHORELINE HAS SINCE GROWN INTO THE LARGEST IN NEW ENGLAND, WITH 900 FEET OF COASTAL EROSION CONTROL AND RESILIENCY, FOUR ACRES OF INTERTIDAL HABITAT, ONE ACRE OF COASTAL DUNE HABITAT AND 25 ACRES OF WOODLAND AND MEADOW HABITAT."STRATFORD POINT IS PART OF AN AUDUBON IMPORTANT BIRD AREA AND IT HAS BEEN INCREDIBLE TO SEE SALTMARSH, SEASIDE, AND NELSON'S SPARROWS IN THE RE-ESTABLISHED SALT MARSH HABITAT," SAID CORRIE FOLSOM-O'KEEFE, DIRECTOR OF BIRD CONSERVATION FOR AUDUBON CONNECTICUT, A PROJECT PARTNER. "THE LONG ISLAND SOUND ECOSYSTEM IS CRITICAL TO THE HEALTH OF BIRDS AND SAFETY OF COASTAL COMMUNITIES, AND WE NEED MORE PROJECTS LIKE THE LIVING SHORELINE AT STRATFORD POINT TO SERVE AS MODELS FOR SUCCESS."MALAYSIAKUCHING: THE SARAWAK FORESTRY CORPORATION (SFC) PLACED 1,200 REEF BALLS IN THE BELAWAI-PALOH WATERS AND MIRI-SIBUTI CORAL REEFS NATIONAL PARK LAST YEAR TO CONSERVE THE ENVIRONMENT AND MARINE RESOURCES. SFC CHIEF EXECUTIVE OFFICER ZOLKIPLI MOHAMAD AT
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IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
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IRS990/MissionDesc0TO REHABILITATE OUR WORLD'S OCEANREEF ECOSYSTEMS AND TO PROTECT OUR NATURAL REEF SYSTEMS USING REEF BALL ARTIFICIAL REEF TECHNOLOGIES. REEF BALLS ARE ARTIFICIAL REEF MODULES PLACED IN THE OCEAN TO FORM REEF HABITAT.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CONFEDERACY OF MAINLAND MI'KMAQ, NOVA SCOTIA, CANADA MI'KMAQ CONSERVATION GROUP REEF BALL PROJECT CONTINUED. THE GOAL OF THEIR PROJECT IS TO RESTORE COASTAL HABITATS ALONG THE NORTHUMBERLAND STRAIT & THE BAY OF FUNDY. THE CUSTOM REEF BALL SYSTEM THAT WILL BE DEPLOYED TO PROVIDE SHELTER AND HABITAT FOR FISH AND LOBSTER. MEMBERS OF THE MI'KMAW CONSERVATION GROUP, A PROGRAM RUN BY THE CONFEDERACY OF MAINLAND MI'KMAQ, SPENT THE SUMMER BUILDING THE LARGE CONCRETE REEF BALLS, WHICH WEIGH BETWEEN 70 AND 90 KILOGRAMS. THE UNIQUE PROJECT HAS BEEN MET WITH ENTHUSIASM FROM MEMBERS OF THE COMMUNITY, MANY OF WHOM HAVE BEEN HIRED OVER THE LAST SEVERAL MONTHS TO BE PART OF IT, SAID FRANCIS. IT'S BEEN REALLY GREAT FOR ME TO BE ABLE TO DO GOOD WORK LIKE THIS IN MY OWN HOME COMMUNITY," HE SAID. N THE FUTURE, FRANCIS HOPES TO USE ARTIFICIAL REEFS TO OFFSET DAMAGE DONE BY DEVELOPMENT PROJECTS. COMPANIES WOULD PAY TO CREATE THE HABITAT IF THEIR PROJECTS ENCROACH ON SENSITIVE ECOSYSTEMS, HE SAID. TO MAKE SURE THE ARTIFICIAL REEFS ARE DOING WHAT THEY'RE SUPPOSED TO, A DIVE TEAM WILL CHECK ON THEM OVER THE NEXT FEW YEARS. "WE'LL BE RECORDING SPECIES THAT HAVE COME IN AND COLONIZED [THE REEF BALLS] AND WHAT SORT OF CHANGES ARE GOING ON DOWN THERE," FRANCIS SAID. PRESIDIO TRUST: SAN FRANCISCO BAY, CALIFORNIA CONTINUING OUR PROJECT IN SAN, FRANCISCO. THIS PROJECT WAS INITIATED BY THE PRESIDIO TRUST IN PARTNERSHIP WITH OTHER LOCAL ORGANIZATIONS TO RESTORE THE OYSTER POPULATION AND HELP FORGE OUT THE WATER. ONE OF ITS KEY FUNCTIONS IS ITS ABILITY TO ACT AS A MINI-FILTER. ALTHOUGH SMALL, THE OYSTER CAN TAKE IN LARGE QUANTITIES OF SEA WATER - AS MUCH AS 20 TO 30 QUARTS AN HOUR - AND EXTRACT POLLUTANTS AND ALGAE-CAUSING PLANKTON.THE REEFS MAY ALSO SERVE TO PROTECT SHORELINES FROM WAVE ACTION AND EROSION, KEY AS THE REGION FACES SEA-LEVEL RISE. THE WORK IS PART OF A LARGER PROJECT TO CREATE A LIVING SHORELINE AND IMPROVE HABITAT FOR PACIFIC HERRING, SALMON, FISH, BIRDS, AND A VARIETY OF OTHER SPECIES IN THE SAN FRANCISCO BAY. CHESAPEAKE BAY FOUNDATION CONTINUED LONG TERM PARTNERSHIP WITH CBF. PROJECTS FOR OYSTER HABITAT RESTORATION, SHORELINE RENEWAL, RESEARCH AND COMMUNITY EDUCATION. THE CHESAPEAKE BAY FOUNDATION DEVOTES A LOT OF TIME AND ENERGY INTO HANDS-ON REEF BALL EDUCATIONAL PROJECTS FOR STUDENTS AND VOLUNTEERS. PHILIPPINES: MASBATE REEF BALL PROJECT REEF BALL NEWS FROM THE PHILIPPINES VIA DEPARTMENT OF THE ENVIRONMENT AND NATURAL RESOURCES- MGB REGION 5 IN LINE WITH THIS EVENT AND CONSISTENT WITH THE CONSTITUTIONAL PROVISION THAT RECOGNIZES THE RESPONSIBILITY OF THE STATE TO PROTECT THE NATION'S MARINE WEALTH, THE MASBATE GOLD PROJECT IN AROROY, MASBATE UNDER THE SUPERVISION OF THE MINES AND GEOSCIENCES BUREAU REGIONAL OFFICE NO. V HAS PARTNERED WITH THE MUNICIPALITY OF AROROY TO ESTABLISH THE COLORADA MARINE PROTECTED AREA (CMPA) IN SITIO COLORADA, BARANGAY TIGBAO, AROROY, MASBATE THRU MUNICIPAL ORDER NO. 031-2017 SIGNED LAST SEPTEMBER 12, 2017. THE PROJECT AIMS TO REVIVE THE CORAL COVER AROUND THE COASTAL COMMUNITY OF PORT BARERA IN AROROY, MASBATE; TO HELP AROROY'S MARINE RESOURCES RECOVER AND TO PROVIDE LIVELIHOOD OPPORTUNITIES FOR THE COMMUNITY IN PARTNERSHIP WITH THE LOCAL GOVERNMENT, COMMUNITY, AND PRIVATE SECTOR. THE PROJECT SITE HAD BEEN THE SUBJECT OF HUMAN NEGLECT AND ABUSE. FORTUNATELY, HOWEVER, AS OF JANUARY 2021, A TOTAL OF 2,203 REEF BALLS DEPLOYED SINCE 2017 AND 1,603 REEF BALLS ARE OFF FOR DEPLOYMENT WITH AN APPROXIMATELY OF 23,100 CORALS PROPAGATED. THIS EXEMPLARY MOVE WILL IMPROVE THE FISH POPULATION IN REEF BALLS DEPLOYMENT SITES. HOWEVER, THIS PROJECT NEEDS A CONTINUOUS ENGAGEMENT WITH THE LGU-AROROY TO STRENGTHEN MANAGEMENT AND LAW ENFORCEMENT AT THE SAID MARINE PROTECTED AREA. THIS YEAR'S MONTH OF THE OCEAN'S THEME: "THE SCIENCE WE NEED FOR THE OCEAN WE WANT" HIGHLIGHTS THE IMPORTANCE OF SCIENCE AS A RELIABLE METHOD TO ADDRESS THE ADVERSE IMPACTS OF CLIMATE CHANGE, MARINE POLLUTION, LOSS OF MARINE SPECIES AND MARINE DEGRADATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1JERRY BARBER IS TODD BARBER'S FATHER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A COPY OF THE 990 IS INCLUDED IN THE BOARD BOOK MATERIALS, WHICH ARE DISTRIBUTED TO ALL BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOARD MEMBERS ARE ADVISED OF THE CONFLICT OF INTEREST POLICY WHEN THEY JOIN THE BOARD. MEMBERS DO NOT VOTE ON ISSUES WHEN THERE MIGHT BE AN APPEARANCE OF A CONFLICT OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COPIES OF THE ORGANIZATION'S FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST DURING REGULAR BUSINESS HOURS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.15$0.03$2.11$4.47$4.67$0.20
2023Detailed filing. Detailed filing data is available for this year.$2.36$0.05$2.31$2.64$3.57$0.93
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.24$0.00$3.24$3.58$4.47$0.89
2021Detailed filing. Detailed filing data is available for this year.$4.13$0.00$4.13$7.23$5.49$1.74
2020Detailed filing. Detailed filing data is available for this year.$2.41$0.03$2.39$7.44$5.19$2.25
2019Detailed filing. Detailed filing data is available for this year.$0.26$0.12$0.14$2.27$2.43$0.16
2018Summary only. Only limited summary data is available for this year.$0.47$0.16$0.30$4.74$4.57$0.17
2017Summary only. Only limited summary data is available for this year.$0.29$0.16$0.13$4.02$4.43$0.41
2016Summary only. Only limited summary data is available for this year.$0.64$0.10$0.54$3.87$3.38$0.49
2015Summary only. Only limited summary data is available for this year.$0.23$0.18$0.05$2.18$2.71$0.53
2014Summary only. Only limited summary data is available for this year.$0.66$0.09$0.58$3.64$3.87$0.23
2013Summary only. Only limited summary data is available for this year.$0.83$0.02$0.81$3.59$3.34$0.25
2012Summary only. Only limited summary data is available for this year.$0.62$0.06$0.56$3.69$3.73$0.03
2011Summary only. Only limited summary data is available for this year.$0.65$0.07$0.58$3.83$3.80$0.03