2024-08-14T07:19:34-05:00 2023-12-31 141918990 TEMPLETON & COMPANY LLP 201 EAST LAS OLAS BLVD STE 1650 FORT LAUDERDALE FL 33301 990 2023-01-01 453862555 MARINE EDUCATION INITIATIVE INC MARI 5614055576 755 NW 17TH AVE SUITE 101 DELRAY BEACH FL 33445 NICHOLAS METROPULOS EXECUTIVE DIRECTOR 5614055576 2024-08-14 1 1 WALT MAXWELL P00186333 9543330001 2023 2024-08-08 14:25:15Z X NICHOLAS METROPULOS 755 NW 17TH AVE SUITE 101 DELRAY BEACH FL 33445 895448 0 X WWW.MARINEINITIATIVE.ORG X 2012 FL EDUCATES AND INSPIRES THE NEXT GENERATION TO PRESERVE MARINE ECOSYSTEMS FOR THE FUTURE. 8 8 2 500 0 0 392910 626695 0 11052 0 -76916 0 19330 392910 580161 56640 211079 0 0 82623 253092 0 0 0 114054 368764 253317 832935 139593 -252774 1248493 944734 452046 401061 796447 543673 X THE ORGANIZATION EDUCATES AND INSTRUCTS CHILDREN ON HOW TO FISH AND TEACHES THEM TO BECOME GOOD STEWARDS OF BOTH FRESHWATER AND SALTWATER ECOSYSTEMS, AS WELL AS PROVIDING FRESH FISH FROM LOCAL FISHING TOURNAMENTS TO SOUP KITCHENS. 0 0 49756 0 0 RESPONSIBLE ANGLING EDUCATION PROGRAM: 8 WEEK ENVIRONMENTAL EDUCATION CLINICS TO YOUTH DURING THE SCHOOL YEAR AND SUMMER IN CERTAIN LOCATIONS INCLUDING SOUTH FLORIDA AND THE BAHAMAS. IN THESE CLASSES, EXPERIENCED YOUTH VOLUNTEERS TEACH THE CHILDREN THE BASICS OF THE SPORT OF FISHING AS WELL AS CONSERVATION. THE MATERIAL COVERED RANGES WIDELY FROM SUCH PRACTICAL SKILLS AS KNOT TYING TO MORE DIDACTIC TOPICS, LIKE CONSERVATION LAWS AND PRACTICES. WE USE THE SPORT OF FISHING AS A MECHANISM TO ENGAGE AND INTEREST CHILDREN TO WANT TO LEARN MORE ABOUT LOCAL AQUATIC ECOSYSTEMS. AT THE END OF THE SESSIONS, WE HOST A GRADUATION PARTY USUALLY COINCIDING WITH A FIELD TRIP SUCH AS TO A LOCAL PIER, LAKE, NATURE CENTER, OR DEEP SEA FISHING TRIP. THIS UNIQUE EXPERIENCE, USUALLY A FIRST FOR MANY OF THE KIDS, IS FOLLOWED BY A CATERED MEAL AT WHICH CERTIFICATES AND NEW FISHING EQUIPMENT ARE GIFTED TO EACH GRADUATE. IN 2023, THESE PROGRAMS EDUCATED OVER 250 CHILDREN TO BE RESPONSIBLE ANGLERS, AND UTILIZED OVER 100 VOLUNTEERS. 211079 211079 0 HURRICANE RELIEF PROGRAM: AFTER HURRICANE MATTHEW STRUCK THE BAHAMAS IN 2016, WE DECIDED TO ASSIST OUR COMMUNITY PARTNERS IN THE BAHAMAS AND THE MANY COMMUNITIES IMPACTED. THIS EFFORT BEGAN WITH HURRICANE MATTHEW DURING 2016 IN FREEPORT AND NASSAU, AND THEN ONTO HURRICANE IRMA DURING 2017 IN ST. JOHN, VIRGIN ISLANDS AND THE FLORIDA KEYS. IN 2019, HURRICANE DORIAN, A CATEGORY 5 HURRICANE, STRUCK ABACO & FREEPORT, BAHAMAS. BOTH OF THESE ISLANDS WERE LOCATIONS THAT WE HAVE OFFERED OUR RESPONSIBLE ANGLING EDUCATION PROGRAMS, THUS WE ONCE AGAIN BEGAN TO SEND SUPPORT. WE WILL CONTINUE TO USE OUR NETWORK TO ENCOURAGE OTHERS TO SUPPORT RELIEF EFFORTS FOLLOWING THESE DEVASTATING STORMS ESPECIALLY TOWARDS SPECIFIC MARINE RELATED INITIATIVES. 469108 30382 AQUAPONICS FOOD SECURITY & EDUCATION PROGRAM: AQUAPONICS IS A FOOD PRODUCTION SYSTEM THAT COUPLES AQUACULTURE (RAISING FISH) WITH HYDROPONICS (CULTIVATING PLANTS IN WATER) WHEREBY THE NUTRIENT-RICH AQUACULTURE WATER IS FED TO HYDROPONICALLY-GROWN PLANTS. AQUAPONICS CAN GROW A TREMENDOUS AMOUNT OF FOOD WITH A FRACTION OF THE WATER AS WELL AS LAND THAT IS NORMALLY UTILIZED IN SOIL-BASED AGRICULTURE. PRODUCE CAN BE GROWN LOCALLY IN OUR COMMUNITIES, PROVIDING ACCESS TO NUTRITIOUS FOOD, CREATING JOBS, AND ELIMINATING THE HUGE CARBON FOOTPRINT ASSOCIATED WITH TRANSPORTING FOOD LONG DISTANCES. OUR AQUAPONICS FOOD SECURITY & EDUCATION PROGRAM PROVIDES HUNDREDS OF MEALS WEEKLY BY DELIVERING FRESH PRODUCE GROWN IN OUR AQUAPONICS FARM IN ADDITION TO EDUCATING YOUTH IN SOUTH FLORIDA ABOUT THE ENVIRONMENTAL BENEFITS OF SUSTAINABLE AGRICULTURE. 729943 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 2 1 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X X X THE ORGANIZATION 5614055576 755 NW 17TH AVE SUITE 101 DELRAY BEACH FL 33445 MATTHEW PURSEL TRUSTEE 5.00 X 0 0 0 ADAM GABAY TRUSTEE 5.00 X 0 0 0 VALENTINE THOMAS TRUSTEE 5.00 X 0 0 0 NATALIE MIAOULIS TRUSTEE 5.00 X 0 0 0 LUCAS METROPULOS PRESIDENT 20.00 X 0 0 0 JUAN PELLERANO VICE PRESIDENT 5.00 X 0 0 0 MATTHEW MCKAY TREASURER 5.00 X 0 0 0 TYLER PAPERA SECRETARY 5.00 X 0 0 0 NICHOLAS METROPULOS EXECUTIVE DIRECTOR 40.00 X 80743 0 0 80743 0 0 0 0 0 0 0 626695 626695 PROGRAM RELATED INCOME 110000 9497 9497 FIELD TRIP INCOME 110000 1555 1555 11052 220000 296916 -76916 -76916 -76916 37701 18371 19330 19330 580161 30382 0 -76916 211079 211079 80743 40372 40371 129462 106771 22691 8884 6219 2665 34003 23802 10201 5051 3031 2020 12900 7740 5160 11990 7194 4796 8516 5109 3407 2394 1197 1197 139717 139717 14321 8593 5728 5833 5833 28966 28966 12231 9785 2446 PROGRAM EXPENSES 100405 100405 UTILITIES 16503 14853 1650 CERTIFICATIONS & LICENS 6269 6269 TAXES & LICENSES 3299 2639 660 369 369 832935 729943 102992 0 421183 318517 8686 15000 21605 22000 309542 28966 274774 280576 2303 2303 528628 297652 1248493 944734 2878 5022 100000 449168 296039 452046 401061 X 438138 352718 358309 190955 796447 543673 1248493 944734 -252774 0 X X 1 X 0 0 0 X 259268 749941 544284 392910 626695 2573098 25 13 37699 37737 259268 749966 544297 392910 664394 2610835 25000 25000 15000 65000 0 25000 25000 15000 65000 2545835 259268 749966 544297 392910 664394 2610835 0.97510 0.95560 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 81989 1900 80089 18033 467 17566 209520 26599 182921 280576 RIGHT OF USE ASSET - OPERATING LEASE 297652 297652 RIGHT OF USE LIABILITY 296039 296039 X PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES AS AN EDUCATIONAL INSTITUTION UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ORGANIZATION IS REQUIRED TO OPERATE IN CONFORMITY WITH THE PROVISIONS OF THE INTERNAL REVENUE CODE (IRC) TO MAINTAIN ITS EXEMPT STATUS. MANAGEMENT ANALYZES TAX POSITIONS IN JURISDICTIONS WHERE IT IS REQUIRED TO FILE INCOME TAX RETURNS. BASED ON ITS EVALUATION, MANAGEMENT DID NOT IDENTIFY ANY TAX POSITIONS FOR WHICH IT IS REASONABLY POSSIBLE THAT THE TOTAL AMOUNTS OF UNRECOGNIZED TAXES WILL SIGNIFICANTLY INCREASE OR DECREASE. INTEREST AND PENALTIES ATTRIBUTABLE TO INCOME TAXES, IF ANY, ARE INCLUDED IN OPERATING EXPENSES. NO SUCH INTEREST OR PENALTIES WERE RECORDED FOR THE YEAR ENDED DECEMBER 31, 2023. THE ORGANIZATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2020. BAHAMAS 0 0 PROGRAM SERVICES AND GRANTS TO RECIPIENTS LOCATED IN THE BAHAMAS. MONEY WAS GIVEN TO OUR COMMUNITY PARTNERS LOCATED WITHIN THE BAHAMAS THAT WERE IMPACTED BY HURRICANE DORIAN. 211079 0 0 0 0 0 0 211079 0 211079 BAHAMAS SUPPORT COMMUNITY DEVELOPMENT AND HURRICANE RELIEF EFFORTS. 211079 WIRE TRANSFER 0 0 0 0 0 0 0 PART I, LINE 3: CASH FORM 990, PART VI, SECTION B, LINE 11B ALL VOTING BOARD MEMBERS WERE PROVIDED A COPY OF FORM 990 FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL VOTING BOARD MEMBERS ARE REQUIRED TO RETURN A SIGNED STATEMENT SIGNIFYING APPROVAL ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATIONS OVERSIGHT POLICY HAS NOT CHANGED.