Logo for "OCEAN REEF COMMUNITY FOUNDATION INC"

OCEAN REEF COMMUNITY FOUNDATION INC

OCEAN REEF COMMUNITY FOUNDATION INC

Key Largo, FL, US
501(c)3
EIN
65-0509255
DAF Sponsor
Community Foundation
Regional Funder
Logo for "OCEAN REEF COMMUNITY FOUNDATION INC"

OCEAN REEF COMMUNITY FOUNDATION INC

Key Largo, FL, US
501(c)3
EIN
65-0509255
DAF Sponsor
Community Foundation
Regional Funder

Income Statement

Fiscal Year Start:
Nov 1
Revenues in 2024

$22,583,134

Contributions
66%
Other
21%
Fundraising Events
7%
Investments
6%
Government Grants
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$13,539,333

Grants
94%
Salaries & Benefits
4%
Offices, Occupancy & IT
1%
Other
<1%
Fees to Service Providers
<1%
Advertising & Promotion
<1%
Depreciation
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$21,154,394
$14,884,061
-30%
Government Grants
$0
$0
-
Fundraising Events
$0
$1,531,549
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$1,251,696
$1,464,047
+17%
Other
$31,155
$4,703,477
+14997%
Total Revenues
$22,437,245
$22,583,134
+1%
Expenses
2023
2024
Change
Grants
$13,235,691
$12,709,521
-4%
Benefits to Members
$0
$0
-
Salaries & Benefits
$537,679
$492,344
-8%
Fees to Service Providers
$102,155
$71,349
-30%
Advertising & Promotion
$45,177
$36,255
-20%
Offices, Occupancy & IT
$150,096
$147,532
-2%
Interest
$0
$0
-
Depreciation
$3,904
$2,379
-39%
Other
$1,637,684
$79,953
-95%
Total Expenses
$15,712,386
$13,539,333
-14%
Net income
2023
2024
Change
Net income
+$6,724,859
+$9,043,801
+34%
Functional Expenses
Summary
2023
2024
Change
Program
$13,470,927
$12,932,154
-4%
Admin
$276,902
$250,094
-10%
Fundraising
$1,964,557
$357,085
-82%
Total Expenses
$15,712,386
$13,539,333
-14%
Income Statement
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