Overview

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Est.

2016

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

REEFCI INC is a water resources nonprofit focused on scientifically based marine conservation to protect coral reefs, with projects including lionfish removal, reef check surveys, queen conch surveys, coral watch data collection, lobster surveys, sea turtle watch, and whale shark watch. In filing year 2024, it reported an operating budget of $909.4K and total revenue of $1.1M, with support from funders including FIDELITY INVESTMENTS CHARITABLE GIFT FUND, AMERICAN ONLINE GIVING FOUNDATION INC, The Bank of America Charitable Foundation Inc, and CELANESE FOUNDATION; no single listed funder appears to account for 50% or more of revenue.

Mission Statement

The ultimate goal is to utilize scientifically researched based approachesto conserve and protect fragile marine ecosystems, namely coral reefs. Ourongoing marine conservation projects include: spearfishing for the invasivelionfish; reef check surverys; queen conch surveys; coral watch datacollections; lobster serveys; sea turtle watch and whale shark watch. Wegain a greater understanding of the overall health of reef ecosystems anddevise action plans where needed.
Revenues
$1.1M
Expenses
$909.4K
Net Income:
+$182.1K
Assets
$1.9M
Liabilities
$871.7K
Net Assets:
+$994.6K
Operating Budget
$909.4K
Operating Budget by Year

Due Diligence

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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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Total No. of Grants
2
Median grant size
$53.5K
Largest grant received
$82.5K
D
Debra Saner
Board Member
N
Nicole Smith
Board Member
A
Anthony Saner
Board Member

Frequently Asked Questions

What is REEFCI INC’s budget?
In 2024, REEFCI INC reported an annual operating budget of around $909 thousand. More detailed financial information is available to registered users.
What causes does REEFCI INC support?
REEFCI INC supports work in Water resources.
Where does REEFCI INC operate?
REEFCI INC is headquartered in Hebron, KY.
Who funded REEFCI INC recently?
In 2025, REEFCI INC received grants from AMERICAN ONLINE GIVING FOUNDATION INC, FIDELITY INVESTMENTS CHARITABLE GIFT FUND, and AMERICAN ONLINE GIVING FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant REEFCI INC received in 2024?
The largest grant to REEFCI INC in 2024 exceeds $83 thousand.