Restore America's Estuaries
Nonprofit profile at a glance
- EIN
- 541965304
- IRS 990 coverage
- 2013–2024
- Forms available
- Form 990 2024, Form 990-T 2022
- Location
- Washington, DC, USA
- Phone
- 7035240248
- Rating
- 89
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Water Resource, Wetlands Conservation and Management
Reported finances
- Revenue
- $8,108,187
- Expenses
- $7,933,059
- Assets
- $3,081,642
- Liabilities
- $1,938,674
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
15 people listed
Executive titles in this filing
- DANIEL HAYDEN (PRESIDENT & CEO)
Highest reported compensation
- ELSA L SCHWARTZ (SR DIR OF REST & ADMIN): $242,819 total reported compensation
- DANIEL HAYDEN (PRESIDENT & CEO): $216,235 total reported compensation
- WALTER L SPEIDELL (SENIOR DIRECTOR OF DEVELOPMENT): $138,715 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Restore america's estuaries is dedicated to the protection and restoration of bays and estuaries as essential resources for our nation.
What it reported doing in 2024
National estuary program grant program: restore america's estuaries, under a cooperative agreement with the u.s. Environmental protection agency, administers two grant programs to protect and restore the natural resources within designated national estuary program areas. These grant programs address the following congressionally-set priorities: - loss of key habitats resulting in significant impacts on fisheries and water quality such as seagrass, mangroves, tidal and freshwater wetlands, forested wetlands, kelp beds, shellfish beds, and coral reefs; recurring harmful algae blooms; unusual or unexplained marine mammal mortalities; - proliferation or invasion of species that limit recreational uses, threaten wastewater systems, or cause other ecosystem damage; flooding and coastal erosion
Operating model
- Revenue model
- Grant-funded. 81% of the money available for current operations came from government grants.
- Distribution model
- Grant intermediary. The nonprofit sent 71% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 90
- Transparency & Controls: 89
- Accountability: 100
- Sustainability: 29
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 89.2%; rating input score 89
- Program expense ratio: 91.1%; rating input score 91
- Fundraising efficiency: $116.1 raised per $1 spent on fundraising; rating input score 88; 88th percentile among comparable filings
Transparency & Controls
- Consistency checks: 93.3%; rating input score 93; 17th percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Pass
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 98.8%; rating input score 99; 36th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 2.2%; rating input score 42; 42nd percentile among comparable filings
- Total-asset coverage ratio: 0.39; rating input score 13; 13th percentile among comparable filings
- Liabilities to assets ratio: 0.63; rating input score 15; 15th percentile among comparable filings
- Officer compensation ratio: 10.7%; rating input score 28; 28th percentile among comparable filings
Growth
- Program expense growth: 9.2% per year; rating input score 100; 61st percentile among comparable filings
- Revenue growth: 9.7% per year; rating input score 100; 67th percentile among comparable filings
- Asset growth: 9.3% per year; rating input score 100; 56th percentile among comparable filings
Details
- Where the money goes: 89.2% of revenue deployed · 91.1% of spending went to programs
- Governance: 10 of 10 board members independent · 8 of 8 filing controls reported
- Programs: 4 filed program accomplishments · $7.2M in reported program spending
- Leadership: top reported pay $243K · 15 people listed · 4 of 6 pay-setting controls reported
- Consistency: 32 of 33 current checks pass · 1 finding to review
- Schedules: 8 filed schedules · includes major donors, grants, executive pay, and related organizations
- Filing history: 12 filing years from 2013 to 2024
- Contacts: How to reach this organization
- Money network: 60 filed money-flow records
- Related organizations: 56 filed related-organization links
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Operating margin scored 42/100.
- High — Sustainability: Total-asset coverage ratio scored 13/100.
- High — Sustainability: Liabilities to assets ratio scored 15/100.
- High — Sustainability: Officer compensation ratio scored 28/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.