Reef Ball Foundation Inc

What it reported doing in 2024

Coastal conservation association of north carolinavia cca nc: "after months of planning, we're almost ready to bring the living reef action campaign to life! Our living reef action campaign (lrac) is cca nc's boldest step yet toward restoring coastal habitat and investing in the future of our fisheries. Right now, we're laying the groundwork-partnering with communities, refining reef-building techniques, and preparing to bring this campaign to life across the coast. This isn't a one-time project-it's a long-term, hands-on movement to rebuild estuarine ecosystems, engage local youth, and make conservation part of everyday life in North Carolina. Reef by reef, partner by partner, student by student-lrac is already making waves. The best is yet to come."Texas parks and wildlifetexas parks and wildlife department habitat boat, sratx deployed the reef balls into toledo bend reservoir. Reef balls are being used in fresh water such as lake ralph hall, the new lake for the upper trinity regional water district as well as for restoration along the coast in texasmayreau island, saint vincent and the grenadinesthe mayreau project is collaborative effort to restore coral reefs devastated by climate change and hurricane beryl working with partners such as we are mayreau and clear caribbean and regional authorities. Hybrid restoration: the initiative combines structural marine habitats with active coral propagation. Local groups attach coral fragments directly to the reef balls to promote rapid reef regeneration. Billion oyster project new yorkcontinuation of our project with billion oyster project in New York. Intially, the reef ball foundation completed a week of training constructing reef balls with the billion oyster project on governor's island in New York. We worked with staff and volunteers. We also evaluated some of the prior reef ball projects in the area. Billion oyster project continues to build and deploy reef balls. Also did monitorings of reef balls. "after the installation of 20 million oysters, seeded to hundreds of gabions and reef balls, off hudson river park's gansevoort peninsula, this reef ball - teeming with large oysters - came into view! "it's uncommon to see so many live oysters at such a high density," said jennifer zhu, billion oyster project's marine habitat resource specialist who provided surface support with nyhs diving alumni that day." billion oyster project continues to build more reef balls and has community programs for monitorings and builds. Tampa bay watchtampa bay watch continues to construct and deploy reef balls all along the coast of the tampa area. From projects like fantasy island which is for bird habitat to protecting and restore the shoreline of mac dil airforce base. To date they have deployed over 17,000 reef balls to restore habitat, improve water quality and prevent erosion.South Carolina aquarium and South Carolina dnrthe South Carolina department of natural resources (scdnr) and the South Carolina aquarium frequently partner on reef ball projects to enhance marine habitats and support local fisheries. These reef ball projects are part of their community education and engagement programs. The South Carolina dnr has their own independent reef balls projects as well. Both in fresh water and along the coast. Biologists with the s.c. Department of natural resources have begun a years-long project to improve important fish habitat in lake murray. Scdnr is enhancing littoral habitat with concrete reef balls to improve spawning and survival of juvenile fishes. The first reef balls were deployed by biologists and technicians in january.sarawak, maylasiathe sarawak reef ball continues be one of largest and most successful reef ball projects. Via u.s. Embassy kuala lumpur. "we're celebrating u.s.-malaysia partnerships to preserve our oceans. Learn how sarawak forestry corporation is using u.s.-patented reef balls to build environmentally friendly artificial reefs to preserve ocean biodiversity, det

Financial Efficiency

• Mission deployment rate: 79.9%; rating input score 80
• Program expense ratio: 80%; rating input score 80
• Fundraising efficiency: $3.11 raised per $1 spent on fundraising; rating input score 9; 9th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 84.6%; rating input score 85; 20th percentile among comparable filings
• Governance controls: 1 of 9 controls in place; rating input score 11
  • Conflict-of-interest policy: Fail
  • Whistleblower policy: Fail
  • Document-retention policy: Fail
  • CEO compensation review process: Fail
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Fail
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Missing
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: 0.1%; rating input score 36; 36th percentile among comparable filings
• Total-asset coverage ratio: 0.42; rating input score 20; 20th percentile among comparable filings
• Liabilities to assets ratio: 0.04; rating input score 55; 55th percentile among comparable filings
• Officer compensation ratio: 35.6%; rating input score 5; 5th percentile among comparable filings

Growth

• Program expense growth: 3.4% per year; rating input score 100; 34th percentile among comparable filings
• Revenue growth: -1.2% per year; rating input score 0; 11th percentile among comparable filings
• Asset growth: 5.2% per year; rating input score 100; 40th percentile among comparable filings