Harmony Coast Aquaculture Institute
Nonprofit profile at a glance
- EIN
- 873092394
- IRS 990-EZ coverage
- 2022–2025
- Forms available
- Form 990-EZ 2025
- Location
- Arroyo Grande, CA, USA
- Phone
- 8052942575
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Natural Resources Conservation and Protection
Reported finances
- Revenue
- $21,117
- Expenses
- $17,933
- Assets
- $27,458
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
3 people listed
People named in this filing
- Don Chartrand (Executive Dir.)
- Ben Ruttenberg (Treasurer)
- Michael Graham (Secretary)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The organization's mission is to raise funds for the operation of the Harmony Coast Aquaculture Institute for the purpose of leasing plots with the facility for outreach, conservation, education research and commercial aquacultural activities. Specifically, Public and private enterprises dedicated to rebuilding depleted populations of endangered marine species, Private commercial aquaculture with local, native and naturalized species, commercial growers that meet the highest environmental industry standards. A significant portion of the facility is dedicated to restoration aquaculture to help rebuild depleted populations of endangered abalone and other important marine species.
What it reported doing in 2025
Attained master lease for conducting aquaculture activities at Alexander Ranch, acquired assets from the Abalone Farm Inc for conducing Aquaculture activities.
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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 91
- Transparency & Controls: 82
- Sustainability: 55
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 84.8%; rating input score 85
- Program expense ratio: 99.9%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 15.1%; rating input score 67; 67th percentile among comparable filings
- Total-asset coverage ratio: 1.53; rating input score 59; 59th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -53.8% per year; rating input score 0; 8th percentile among comparable filings
- Revenue growth: -67.3% per year; rating input score 0; 4th percentile among comparable filings
- Asset growth: -22.4% per year; rating input score 0; 10th percentile among comparable filings
Details
- Where the money goes: 84.8% of revenue deployed · 99.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $18K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 4 filing years from 2022 to 2025
- Contacts: How to reach this organization
- 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 — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 59/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.