Sea Turtle Preservation Society Inc
Nonprofit profile at a glance
- EIN
- 592856913
- IRS 990 coverage
- 2014–2024
- Forms available
- Form 990 2024, Form 990-EZ 2015
- Location
- Indialantic, FL, USA
- Phone
- 3216761701
- Rating
- 60
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $251,864
- Expenses
- $167,903
- Assets
- $758,809
- Liabilities
- $5,163
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
People named in this filing
- DIANA L FORMAN (DIRECTOR)
- DORI HUGHES (DIRECTOR)
- ROGER PSZONOWSKY (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. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
See schedule o
What it reported doing in 2024
Public education is provided by volunteers with an education center, community events and through presentations at schools and churches and other organizations. Sea turtle preservation society provides guided public turtle walks along with beach cleanups and they distribute flyers and materials regarding sea turtles to the public. In 2019 an additional kiosk location was opened to provide education and services to more of the community.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 89% 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 most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 35
- Transparency & Controls: 76
- Accountability: 82
- Sustainability: 76
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 28.4%; rating input score 28
- Program expense ratio: 52.4%; rating input score 52
- Fundraising efficiency: $3.3 raised per $1 spent on fundraising; rating input score 15; 15th percentile among comparable filings
Transparency & Controls
- Consistency checks: 84.6%; rating input score 85; 2nd 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: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 4 of 7 controls in place; rating input score 57
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- 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: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 33.3%; rating input score 84; 84th percentile among comparable filings
- Total-asset coverage ratio: 4.52; rating input score 77; 77th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 48; 48th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: -1.1% per year; rating input score 0; 27th percentile among comparable filings
- Revenue growth: 5.6% per year; rating input score 100; 56th percentile among comparable filings
- Asset growth: 15.9% per year; rating input score 100; 79th percentile among comparable filings
Details
- Where the money goes: 28.4% of revenue deployed · 52.4% of spending went to programs
- Governance: 13 of 13 board members independent · 4 of 7 filing controls reported
- Programs: 3 filed program accomplishments · $88K in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 24 of 26 current checks pass · 2 findings to review
- Schedules: 5 filed schedules
- Filing history: 10 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: 1 filed related-organization link
- 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 — Financial Efficiency: Mission deployment rate scored 28/100.
- Review — Financial Efficiency: Program expense ratio scored 52/100.
- High — Financial Efficiency: Fundraising efficiency scored 15/100.
- Review — Accountability: Governance controls: 2 of 6 not reported.
- High — Growth: Program expense growth scored 0/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Moderate — Sustainability: Liabilities to assets ratio scored 48/100.