Greater Farallones Association
Nonprofit profile at a glance
- EIN
- 943227237
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- San Francisco, CA, USA
- Phone
- 4155616625
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Wildlife Preservation, Protection
Reported finances
- Revenue
- $4,566,548
- Expenses
- $4,556,830
- Assets
- $1,681,052
- Liabilities
- $882,422
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- MONIKA KRACH (EXECUTIVE DIRECTOR)
- JEFF LOOMANS (PRESIDENT)
- SUSAN KAWALA (VICE PRESIDENT)
Highest reported compensation
- MONIKA KRACH (EXECUTIVE DIRECTOR): $151,810 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Gfa works in partnership with and on behalf of the greater farallones and cordell bank national marine sanctuaries to preserve, monitor, research, educate about and enhance these invaluable marine resources.
What it reported doing in 2024
Conservation - the greater farallones association's conservation program conserves and protects vulnerable wildlife and ecosystems. Promoting nature-based solutions, we increase the resilience of ecologically important coastal habitats to climate change, supporting the long-term health of migrating shorebirds and complex wetland ecosystems. Our coastal resilience team leads collaborative efforts to better manage sediment on California beaches to protect humans and wildlife. We significantly reduce boat and aircraft disturbances to endangered whales and key seabird colonies. Greater farallones association also supports the national oceanic and atmospheric agency by providing technical expertise to protect the sanctuaries natural resources.
Operating model
- Revenue model
- Grant-funded. 80% of the money available for current operations came from government grants.
- 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 76
- Transparency & Controls: 74
- Accountability: 100
- Sustainability: 30
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 80.3%; rating input score 80
- Program expense ratio: 80.4%; rating input score 80
- Fundraising efficiency: $13.14 raised per $1 spent on fundraising; rating input score 47; 47th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- 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; 63rd percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 0.2%; rating input score 34; 34th percentile among comparable filings
- Total-asset coverage ratio: 0.37; rating input score 12; 12th percentile among comparable filings
- Liabilities to assets ratio: 0.52; rating input score 20; 20th percentile among comparable filings
- Officer compensation ratio: 3.3%; rating input score 66; 66th percentile among comparable filings
Growth
- Program expense growth: 12% per year; rating input score 100; 70th percentile among comparable filings
- Revenue growth: 9.9% per year; rating input score 100; 68th percentile among comparable filings
- Asset growth: 8.3% per year; rating input score 100; 51st percentile among comparable filings
Details
- Where the money goes: 80.3% of revenue deployed · 80.4% of spending went to programs
- Governance: 12 of 12 board members independent · 8 of 8 filing controls reported
- Programs: 4 filed program accomplishments · $3.7M in reported program spending
- Leadership: top reported pay $152K · 13 people listed · 2 of 6 pay-setting controls reported
- Highest-paid contractors: 4 contractors listed · $634K reported
- Consistency: 32 of 32 current checks pass
- Schedules: 7 filed schedules · includes major donors and executive pay
- Filing history: 14 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- 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.
- Moderate — Financial Efficiency: Fundraising efficiency scored 47/100.
- Moderate — Sustainability: Operating margin scored 34/100.
- High — Sustainability: Total-asset coverage ratio scored 12/100.
- High — Sustainability: Liabilities to assets ratio scored 20/100.