Gulf Reach Institute
Nonprofit profile at a glance
- EIN
- 851384441
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2021
- Location
- Corpus Christi, TX, USA
- Phone
- 3617396365
- Rating
- 69
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Youth Development Programs
Reported finances
- Revenue
- $171,000
- Expenses
- $88,164
- Assets
- $91,485
- Liabilities
- $101
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- SURAIDA EVE NANEZ-JAMES (President & CEO)
People named in this filing
- SURAIDA EVE NANEZ-JAMES (President & CEO)
- Jasmine Sarabia (Secretary)
- Jasmine Sarabia (Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Through innovative and action-oriented programming, the Gulf Reach Institute develops and implements programs focused on STEM Education for all, the Health of our Gulf of Mexico and Ocean communities, and Advocacy for the equity and inclusion of underrepresented populations as leaders and decision makers in the protection and conservation of our waters.
What it reported doing in 2024
Bringing the Deep to Light is an interactive, traveling STEM Science, Technology, Engineering, and Mathematics program that focuses on the adaptations of each of the ocean zones. Participants start their journey in the Sunlight Zone and travel to the Trenches of the deep sea to learn what it takes for life to thrive in these extreme environments. Participants learn how scientists use today's technology to explore the fascinating underwater world of our ocean. Hands-on lessons are aligned with TEKS, NGSS, and Ocean Literacy Principles.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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
SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 55
- Transparency & Controls: 82
- Sustainability: 75
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 40.8%; rating input score 41
- Program expense ratio: 79.1%; rating input score 79
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 48.4%; rating input score 93; 93rd percentile among comparable filings
- Total-asset coverage ratio: 1.04; rating input score 61; 61st percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 51; 51st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 107.9% per year; rating input score 100; 98th percentile among comparable filings
- Revenue growth: 79.2% per year; rating input score 100; 98th percentile among comparable filings
- Asset growth: 39.2% per year; rating input score 100; 91st percentile among comparable filings
Details
- Where the money goes: 40.8% of revenue deployed · 79.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments · $70K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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: Mission deployment rate scored 41/100.
- Review — Sustainability: Liabilities to assets ratio scored 51/100.