Ocean Rehab Initiative Inc

Nonprofit profile at a glance

EIN
270880501
IRS 990 coverage
2011–2011
Forms available
Form 990 2011, Form 990-N 2010
Location
West Palm Beach, FL, USA
Phone
5613088848
Rating confidence
Limited
Sector
Water Resource, Wetlands Conservation and Management

Official website

Reported finances

Revenue
$0
Expenses
$4,260
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2011. Amounts in USD.

Leadership & pay

5 people listed

Source: IRS Form 990. Selected filing: tax year 2011. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Ocean Rehab was organized exclusively for charitable, scientific, and educational purposes to promote and facilitate collaborative work between citizens, ocean scientists, federal/state and local governments, environmental organizations, academic organizations, and others in order to improve the well being of ocean ecosystems through scientific research, education and public awareness relevant to understanding ocean reef ecosystems.

What it reported doing in 2011

Traning - Ocean Rehab Initiative Inc. created a training and trainer program to facilitate our goals. Ocean Rehab Initiative promoted and trained four scientific trainers (certified) who taught 11 courses and graduated 35 scientific (certified) data collectors in the 5 counties of south east Florida. Ocean Rehab hosted several meetings and training courses for volunteers and citizens in 2011. Our meetings and training courses were held at Pompano, Boca Raton, Fl. Lauderdale, West Palm Beach, North Palm Beach, Miami, Islamorada, Key Largo, Jupiter, Delray Beach, Boynton Beach, and Stuart. We, Ocean Rehab Initiative, engaged the public to learn more about coral reefs and coral reef health and mortality. Our classes were open to the public and were related to local reef health and scientific data collection.

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 100
  • Accountability: 6
  • Sustainability: 8
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 60th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: Limited
  • Governance controls: 1 of 7 controls in place; rating input score 14
    • 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: Fail
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Fail

Sustainability

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

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 1 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $15K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 11 of 11 current checks pass
  • Schedules: 3 filed schedules
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Accountability: Governance controls: 6 of 7 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 1/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.