THE CORAL NURSERY OF PUERTO RICO INC
AI Summary
The Coral Nursery of Puerto Rico Inc is a nonprofit organization dedicated to repopulating coral in the ocean around Puerto Rico by cultivating coral recruits in a land-based nursery. With an operating budget of $60.1K and total revenue of $110.9K for the filing year 2024, the organization focuses on enhancing natural resources through its innovative coral growing and outplanting initiatives. The organization does not rely on a single funder for 50% or more of its revenue, ensuring a diversified financial base for its mission. For more information, visit www.coralnursery.org.
Mission Statement
THE ORGANIZATION'S PURPOSE IS TO REPOPULATE CORAL IN THE OCEAN AROUND PUERTO RICO. THE PRIMARY ACTIVITY OF THE ORGANIZATION IS TO GROW CORAL (KNOWN AS 'CORAL RECRUITS') IN A LAND-BASED CORAL NURSERY. THE ORGANIZATION WILL GROW THE CORAL RECRUITS IN TEMPERATURE-CONTROLLED TANKS. WHEN THE CORAL RECRUITS ARE MATURE, THEY WILL BE OUTPLANTED INTO THE OCEAN.
Cause Areas
1
Natural resources
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Funder
Total Funding
Funding Share
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
BOSTON, MA, US
$100K
< 1%
NATL CHRISTIAN CHARITABLE FDN INC
Alpharetta, GA, US
$10K
< 1%
Frequently Asked Questions
What is THE CORAL NURSERY OF PUERTO RICO INC’s budget?
In 2024, THE CORAL NURSERY OF PUERTO RICO INC reported an annual operating budget of around $60 thousand. More detailed financial information is available to registered users.
What causes does THE CORAL NURSERY OF PUERTO RICO INC support?
THE CORAL NURSERY OF PUERTO RICO INC supports work in Natural resources.
Where does THE CORAL NURSERY OF PUERTO RICO INC operate?
THE CORAL NURSERY OF PUERTO RICO INC is headquartered in Humacao, PR.
Who funded THE CORAL NURSERY OF PUERTO RICO INC recently?
In 2024, THE CORAL NURSERY OF PUERTO RICO INC received grants from FIDELITY INVESTMENTS CHARITABLE GIFT FUND and NATL CHRISTIAN CHARITABLE FDN INC. More information on this organization’s funders is available to registered users.
What is the largest grant THE CORAL NURSERY OF PUERTO RICO INC received in 2024?
The largest grant to THE CORAL NURSERY OF PUERTO RICO INC in 2024 exceeds $100 thousand.