Blue World Foundation Inc
Nonprofit profile at a glance
- EIN
- 472277386
- IRS 990 coverage
- 2023–2025
- Forms available
- Form 990 2025, Form 990-EZ 2022
- Location
- Miami Beach, FL, USA
- Phone
- 5616948107
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Natural Resources Conservation and Protection
Reported finances
- Revenue
- $330,955
- Expenses
- $326,596
- Assets
- $303,002
- Liabilities
- $297,565
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- ELISA AREANO (PRESIDENT)
People named in this filing
- ELISA AREANO (PRESIDENT)
- ANA GIRO (SECRETARY)
- ANTONIO MACKNEY (DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To stabilize the population of marine species in danger, especially sharks and rays in the caribbean of guatemala; through science and community strengthening which will provide the creation of alternative livelihoods, which eventually will substitute fishing.
What it reported doing in 2025
In 2025, fundacin mundo azul advanced its mission to promote the sustainability of marine-coastal ecosystems and artisanal fisheries in guatemala and the mesoamerican region through integrated programs in applied research, public awareness and policy engagement, and community development and environmental education. Measurable outputs and reach scientific research and conservation continued long-term monitoring of sharks and rays on both the pacific (since 2017) and caribbean (since 2015) coasts, generating critical datasets for fisheries management and conservation decision-making. In 2025 alone, monitoring in the pacific recorded 10,003 individuals across 26 species, providing key evidence on catch composition and population trends. Shark-tagging initiatives marked 163 individuals (156 hammerhead sharks and 7 sharpnose sharks), with recaptures documenting movement patterns and habitat connectivity. The organization has executed 53 projects, produced 30 scientific publications, and published 9 books over its years of operation. Education, outreach, and community engagement environmental education and awareness activities have reached 65,945 people on issues such as marine conservation, ecosystems, and shark protection. A scholarship program supported students from coastal communities, enabling continued access to primary, secondary, and university education while involving youth in conservation activities. Community-based monitoring engaged fishers directly in scientific data collection, strengthening local stewardship of marine resources. Sustainable livelihoods and ecosystem restoration the regenerative agriculture initiative expanded to 41 communities in izabal, benefiting 210 families and promoting agroforestry systems that reduce sediment runoff to marine ecosystems. For the 2025-2026 season, the program projected the planting of 26,666 trees (including 5,333 fruit trees), restoring degraded land and diversifying household income sources. Historically, the organization has delivered 10,258 fruit trees as part of community resilience efforts. Partnerships and institutional development fundacin mundo azul maintained collaboration with 47 organizations, groups, and communities and formalized 19 cooperation agreements, strengthening regional conservation networks. The organization worked with 32 donors, including 11 long-term supporters, to sustain and expand program implementation. Achievements not fully measurable community empowerment and co-production of knowledge: by training fishers as community monitors and involving them in research, the foundation built trust between science and local knowledge, enabling participatory conservation approaches and long-term stewardship. Policy influence and evidence-based management: scientific findings were shared with national authorities and regional forums, contributing to proposals such as protected deep-sea habitats and improved fisheries governance frameworks. Youth leadership and social mobility: scholarships and hands-on conservation experiences are cultivating a new generation of environmental leaders from historically underserved coastal communities. Institutional strengthening and ethical standards: adoption of a formal safeguards policy in 2025 embedded human-rights, gender equity, and environmental standards across all projects, reinforcing transparency and accountability. Cultural shift toward conservation: education, outreach, and communication strategies helped foster a broader societal understanding that marine conservation and community well-being are interconnected. Overall community impact fundacin mundo azul's integrated model links scientific research, policy engagement, and livelihood diversification to address both ecological decline and socioeconomic vulnerability in coastal guatemala. By combining conservation science with education, sustainable agriculture, and participatory governance, the organization contributes to healthier marine ecosystems, strengthen
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 92
- Accountability: 70
- Sustainability: 38
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 98.7%; rating input score 99
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 2 of 7 controls in place; rating input score 29
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 1.3%; rating input score 39; 39th percentile among comparable filings
- Total-asset coverage ratio: 0.93; rating input score 39; 39th percentile among comparable filings
- Liabilities to assets ratio: 0.98; rating input score 4; 4th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 67; 67th percentile among comparable filings
Growth
- Program expense growth: 19.8% per year; rating input score 100; 83rd percentile among comparable filings
- Revenue growth: 14.3% per year; rating input score 100; 79th percentile among comparable filings
- Asset growth: 19% per year; rating input score 100; 81st percentile among comparable filings
Details
- Where the money goes: 98.7% of revenue deployed · 100% of spending went to programs
- Governance: 5 of 5 board members independent · 2 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $327K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 19 of 19 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 3 filing years from 2023 to 2025
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Accountability: Governance controls: 4 of 6 not reported.
- Moderate — Sustainability: Operating margin scored 39/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 39/100.
- High — Sustainability: Liabilities to assets ratio scored 4/100.