Shellback Expeditions Inc

Nonprofit profile at a glance

EIN
813488347
IRS 990-EZ coverage
2019–2024
Forms available
Form 990-EZ 2024, Form 990-N 2018
Location
Palm Harbor, FL, USA
Phone
7276879701
Rating
89
Verdict
STRONG
Rating confidence
Moderate
Sector
Natural Resources Conservation and Protection

Reported finances

Revenue
$71,633
Expenses
$79,280
Assets
$43,250

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • Brendon Baumeister (President, Dir.)

People named in this filing

  • Chantale Begin (Treasurer, Dir.)
  • Brendon Baumeister (President, Dir.)
  • Christopher Ergen (Secretary, Dir.)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To help enact positive change for the world's oceans and coasts by fostering a synergy between scientific research and education in marine ecology and conservation, while promoting sustainable choices and positive cross-cultural interactions.

What it reported doing in 2024

In the year 2024/2025, our organization accomplished the following:- We supported research and monitoring efforts in Curaao. This was in conjunction with a field course taught by director Chantale Bgin, with the University of South Florida. - Shellback Expeditions bought supplies needed for research associated with this course, specifically the supplies needed to start coral reef photogrammetry as part of this research and monitoring (high-resolution underwater camera, high-performance computer, photogrammetry software, hardware needed to set up plots underwater.- After successfully recovering funds that were fraudulently taken out of our bank account for our ocean rowing rowing campaign (Salty Science), we donated to two organization working in marine conservation and education: $47,477.85 to GreenWave (a registered 501c3) and $19,000 to Bamfield Marine Sciences Center (a registered charity in Canada). - Shellback Expeditions continued local beach/island cleanup activities with local youth.

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
Grant intermediary. The nonprofit sent 86% 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: 99
  • Transparency & Controls: 82
  • Sustainability: 30
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 97.8%; rating input score 98

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -10.7%; rating input score 30; 30th percentile among comparable filings
  • Total-asset coverage ratio: 0.55; rating input score 31; 31st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 41.9% per year; rating input score 100; 91st percentile among comparable filings
  • Revenue growth: 11.7% per year; rating input score 100; 84th percentile among comparable filings
  • Asset growth: 0.3% per year; rating input score 100; 40th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 97.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $78K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 5 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • 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 — Sustainability: Operating margin scored 30/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 31/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.