Nonprofit · EIN 65-0509255
OCEAN REEF FOUNDATION INC
Tax-exempt · KEY LARGO, FL 33037
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| October 31, 2025 | 990 | $14,704,045 | $15,191,780 | -$487,735 | $121,685,629 | $29,194,625 | $92,491,004 |
| October 31, 2024 | 990 | $22,583,134 | $13,539,333 | $9,043,801 | $109,687,070 | $26,231,754 | $83,455,316 |
| October 31, 2023 | 990 | $22,437,245 | $15,712,386 | $6,724,859 | $83,478,460 | $21,694,553 | $61,783,907 |
| October 31, 2021 | 990 | $18,616,509 | $10,735,733 | $7,880,776 | $61,379,615 | $21,998,879 | $39,380,736 |
Financial details: 990 for the year ended October 31, 2025
Revenue
- Contributions, gifts and grants
- $8,177,742
- Program service revenue
- $0
- Investment income
- $1,943,586
- Net gain from sales of assets
- $15,535
- Net income from fundraising events
- $4,535,233
- Other revenue
- $4,582,717
Expenses
- Grants and similar amounts paid
- $13,853,945
- Compensation of officers, directors and key employees
- $452,365
- Other salaries and wages
- $229
- Salaries, compensation and benefits (total)
- $600,700
- Professional fundraising fees
- $0
- Accounting fees
- $61,733
- Occupancy
- $85,214
- Travel
- $4,681
- Depreciation
- $3,759
- Program services (functional)
- $14,092,058
- Management and general (functional)
- $315,082
- Fundraising (functional)
- $784,640
Balance sheet and other
- Total assets, start of year
- $109,687,070
- Total assets, end of year
- $121,685,629
- Total liabilities, end of year
- $29,194,625
- Net assets, end of year
- $92,491,004
- Land, buildings and equipment
- $10,902,674
- Publicly traded securities
- $104,733,619
- Net assets without donor restrictions
- $90,522,264
- Net assets with donor restrictions
- $1,968,740
- Gross receipts
- $17,892,644
- Employees
- 4
- Volunteers
- 40
- Year formed
- 1994
- State of legal domicile
- FL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended October 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RICHARD WEINSTEIN | PRESIDENT AND COO Trustee or director, Officer | 40 | $154,185 | $44,889 |
| YURIANNA MIKOLAY | EXECUTIVE DIRECTOR/SECRETARY Trustee or director, Officer | 40 | $111,959 | $22,491 |
| LESA CRAYNE | DIRECTOR OF ALL CHARITIES Officer | 40 | $106,576 | $17,810 |
| WILLIAM J NUTT | CHAIRMAN AND CEO Trustee or director, Officer | 1 | $0 | $0 |
| ALAN J GOLDSTEIN | CHAIRMAN EMERITUS Trustee or director, Officer | 1 | $0 | $0 |
| STEVEN A MARKEL | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| MICHAEL BERMAN | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| THOMAS N DAVIDSON SR | EXECUTIVE VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| JANIE SIMS | EXECUTIVE VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| STEPHEN G WOODSUM | EXECUTIVE VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| JOEL COOPERMAN | TREASURER, NON-VOTING Trustee or director, Officer | 1 | $0 | $0 |
| CINDY BRAMMER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL CARDONE JR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| EDMUND A HAJIM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DIANE HILL | DIRECTOR Trustee or director | 1 | $0 | $0 |
11 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TERESA HOLMES | DIRECTOR Trustee or director | 1 | $0 |
| MICHAEL E JONES | DIRECTOR Trustee or director | 1 | $0 |
| SARINA KINNEY | DIRECTOR Trustee or director | 1 | $0 |
| ED KRAMER | DIRECTOR Trustee or director | 1 | $0 |
| RAYMOND LARKIN JR | DIRECTOR Trustee or director | 1 | $0 |
| CYNTHIA LEE | DIRECTOR Trustee or director | 1 | $0 |
| LINDA OWENS | DIRECTOR Trustee or director | 1 | $0 |
| ADELAIDE SKOGLUND | DIRECTOR Trustee or director | 1 | $0 |
| KATHY WEILAND | DIRECTOR Trustee or director | 1 | $0 |
| MICHAEL WEISS | DIRECTOR Trustee or director | 1 | $0 |
| LORI YOUNG | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended October 31, 2024: 26 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RICHARD WEINSTEIN | PRESIDENT AND COO Trustee or director, Officer | 40 | $150,984 | $8,666 |
| YURIANNA MIKOLAY | EXECUTIVE DIRECTOR/SECRETA Officer | 40 | $103,896 | $7,430 |
| WILLIAM J NUTT | CHAIRMAN AND CEO Trustee or director, Officer | 1 | $0 | $0 |
| ALAN GOLDSTEIN | CHAIRMAN EMERITUS Trustee or director, Officer | 1 | $0 | $0 |
| STEVEN MARKEL | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| MICHAEL BERMAN | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| TOM DAVIDSON | EXECUTIVE VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| JANIE SIMS | EXECUTIVE VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| STEPHEN WOODSUM | EXECUTIVE VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| JAMES ANDERTON IV | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| CINDY BRAMMER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL CARDONE JR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANTHONY ESERNIA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| EDMUND HAJIM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DIANE HILL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TERESA HOLMES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL JONES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SARINA KINNEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ED KRAMER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RAYMOND LARKIN JR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CYNTHIA LEE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CYNTHIA MANZO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LINDA OWENS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ADELAIDE SKOGLUND | DIRECTOR Trustee or director | 1 | $0 | $0 |
| AMY UPJOHN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KATHY WEILAND | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended October 31, 2023: 26 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RICHARD WEINSTEIN | PRESIDENT AND COO Trustee or director, Officer | 40 | $134,132 | $23,629 |
| YURIANNA MIKOLAY | EXECUTIVE DIRECTOR/SECRETA Officer | 40 | $99,188 | $19,107 |
| WILLIAM J NUTT | CHAIRMAN AND CEO Trustee or director, Officer | 1 | $0 | $0 |
| ALAN GOLDSTEIN | CHAIRMAN EMERITUS Trustee or director | 1 | $0 | $0 |
| STEVEN MARKEL | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| MICHAEL BERMAN | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| TOM DAVIDSON | EXECUTIVE VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| JANIE SIMS | EXECUTIVE VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| STEPHEN WOODSUM | EXECUTIVE VICE PRESIDENT Trustee or director | 1 | $0 | $0 |
| JAMES ANDERTON IV | TREASURER Trustee or director | 1 | $0 | $0 |
| EDMUND HAJIM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL JONES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SARINA KINNEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LINDA OWENS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ADELAIDE SKOGLUND | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL CARDONE JR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TERESA HOLMES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| AMY UPJOHN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KATHERINE WEILAND | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CINDY BRAMMER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CYNTHIA LEE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DIANE HILL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANTHONY ESERNIA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ED KRAMER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RAYMOND LARKIN JR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CYNTHIA MANZO | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended October 31, 2021: 19 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| YURIANNA MIKOLAY | SECRETARY Officer | 40 | $87,464 |
| RICHARD WEINSTEIN | PRESIDENT & Trustee or director, Officer | 40 | $65,942 |
| MICHAEL BERMAN | VICE-CHAIRMA Trustee or director, Officer | 1 | $0 |
| TOM DAVIDSON | EXECUTIVE VI Trustee or director, Officer | 1 | $0 |
| RICHARD FARMER | DIRECTOR Trustee or director | 1 | $0 |
| ALAN GOLDSTEIN | CHAIRMAN EME Trustee or director, Officer | 1 | $0 |
| ROBERT DAUGHERTY III | DIRECTOR Trustee or director | 1 | $0 |
| AMY JOSEPH | DIRECTOR Trustee or director | 1 | $0 |
| KEN KARL | DIRECTOR Trustee or director | 1 | $0 |
| CYNTHIA LEE | DIRECTOR Trustee or director | 1 | $0 |
| CINDY MANZO | TREASURER Trustee or director | 1 | $0 |
| STEVEN MARKEL | VICE-CHARIMA Trustee or director, Officer | 1 | $0 |
| WILLIAM J NUTT | CHAIRMAN & C Trustee or director, Officer | 1 | $0 |
| JANIE SIMS | EXECUTIVE VI Trustee or director, Officer | 1 | $0 |
| JILL SULLIVAN | DIRECTOR Trustee or director | 1 | $0 |
| AMY UPJOHN | DIRECTOR Trustee or director | 1 | $0 |
| KATHY WEILAND | DIRECTOR Trustee or director | 1 | $0 |
| CARLA WOOD | DIRECTOR Trustee or director | 1 | $0 |
| STEPHEN WOODSUM | EXECUTIVE VI Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 35 OCEAN REEF DR STE 148, KEY LARGO, FL 33037-5259
- Principal officer (990 for 2024)
- RICHARD WEINSTEIN, 35 OCEAN REEF DRIVE 148, KEY LARGO, FL 33037
- Signed the 990
- RICHARD WEINSTEIN, PRESIDENT
- Phone
- (305) 367-6303
- Return prepared by
- CITRIN COOPERMAN ADVISORS LLC
Mission
TO PROMOTE AND ENHANCE RESPONSIBLE AND EFFECTIVE PHILANTHROPY FOR MEMBERS OF THE OCEAN REEF COMMUNITY.
Program accomplishments
- TO PROVIDE SUPPORT FOR CODE SECTION 501(C)(3) ORGANIZATIONS AND OTHER NOT FOR PROFIT ORGANIZATIONS THAT BENEFIT THE COMMUNITY OF OCEAN REEF AND THE SURROUNDING AREA, AS WELL AS OTHER CHARITABLE ORGANIZATIONS.Expenses $14,092,058 · grants $13,853,945
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in October, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2024 | October 31, 2025 | March 16, 2026 | 990 on file |
| 2023 | October 31, 2024 | March 17, 2025 | 990 on file |
| 2022 | October 31, 2023 | March 15, 2024 | 990 on file |
IRS record
- EIN
- 65-0509255
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1996
- Accounting year ends
- October
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T70)
- Assets (IRS master file)
- $121,685,629
- Income (IRS master file)
- $17,892,644
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | October 2025 | – | – | – | IRS |
| 990 | October 2024 | – | – | – | IRS |
| 990 | October 2023 | $22,437,245 | $15,712,386 | $83,478,460 | IRS |
| 990 | October 2022 | $35,254,088 | $12,425,709 | $74,889,001 | IRS |
| 990 | October 2021 | – | – | – | IRS |
| 990 | October 2020 | – | – | – | IRS |
| 990 | October 2019 | – | – | – | IRS |
| 990 | October 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.
Questions about OCEAN REEF FOUNDATION INC
- What is the EIN of OCEAN REEF FOUNDATION INC?
- The employer identification number (EIN) of OCEAN REEF FOUNDATION INC is 65-0509255.
- Is OCEAN REEF FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
- Are donations to OCEAN REEF FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does OCEAN REEF FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of OCEAN REEF FOUNDATION INC due?
- The return for tax year 2025 (the year ending October 31, 2026) is due March 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did OCEAN REEF FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended October 2025.
- Who is the principal officer of OCEAN REEF FOUNDATION INC?
- The 990 for the year ended October 31, 2025 names RICHARD WEINSTEIN.
- Who are the officers and directors of OCEAN REEF FOUNDATION INC?
- The 990 for the year ended October 31, 2025 lists 26 people; 3 received compensation from the organization, the highest $154,185 (RICHARD WEINSTEIN, PRESIDENT AND COO).
- How much revenue does OCEAN REEF FOUNDATION INC have?
- On its 990 for the year ended October 31, 2025 it reported revenue of $14,704,045, expenses of $15,191,780 and total assets of $121,685,629 at year end.
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All nonprofits in KEY LARGO · Florida · Philanthropy, voluntarism and grantmaking foundations