Minorities in Aquaculture

Nonprofit profile at a glance

EIN
851764271
IRS 990-EZ coverage
2022–2023
Forms available
Form 990-EZ 2023, Form 990-N 2022
Location
Easton, MD, USA
Phone
4107089716
Rating
67
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Environmental Education and Outdoor Survival Programs

Official website

Reported finances

Revenue
$139,143
Expenses
$237,524
Assets
$100,000
Liabilities
$140,547

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • IMANI BLACK (CEO)

People named in this filing

  • IMANI BLACK (CEO)
  • ANOUSHKA CONCEPCION (Director)
  • LAUREN THIESSE (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-EZ. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Educating women of color on the environmental benefits of local and global aquaculture industries.

What it reported doing in 2023

INTERNSHIPS Women & Girls, Oyster South, South Carolina Sea Grant These internship programs provides an accessible opportunity to people looking to learn more about viable career options in this marine occupation. Gaining technical skills in the field, interns have the opportunity to see the work through MIAs lens, with a focus on the culture and history of minorities underrepresented demographics in aquaculture. In order to connect MIA members to internships and career growth opportunities in the seafood industry, the organization maintains a strong network of industry partners that are dedicated to diversifying aquacultures workforce sector. Our partners work with us to develop exclusive internship opportunities that provide the experience our MIA members need to build their careers.

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 a large share of available resources goes toward mission work. A relatively small share of total spending goes to programs and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 61
  • Transparency & Controls: 82
  • Sustainability: 18
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 71.9%; rating input score 72
  • Program expense ratio: 42.1%; rating input score 42

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -70.7%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 0.42; rating input score 33; 33rd percentile among comparable filings
  • Liabilities to assets ratio: 1.41; rating input score 4; 4th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 72.8% per year; rating input score 100; 95th percentile among comparable filings
  • Revenue growth: -0.2% per year; rating input score 0; 22nd percentile among comparable filings
  • Asset growth: 46.3% per year; rating input score 100; 93rd percentile among comparable filings

Details

  • Where the money goes: 71.9% of revenue deployed · 42.1% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $100K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2022 to 2023
  • 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.

  • Moderate — Financial Efficiency: Program expense ratio scored 42/100.
  • High — Sustainability: Operating margin scored 1/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 33/100.
  • High — Sustainability: Liabilities to assets ratio scored 4/100.