Nonprofit · EIN 67-0258256
MARINE RESOURCES DEVELOPMENT FOUNDATION
Tax-exempt · KEY LARGO, FL 33037
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $6,747,764 | $11,306,421 | -$4,558,657 | $27,843,607 | $9,332,181 | $18,511,426 |
| December 31, 2023 | 990 | $3,182,234 | $10,100,182 | -$6,917,948 | $31,740,227 | $8,670,145 | $23,070,082 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $4,010,110
- Program service revenue
- $2,684,452
- Investment income
- $14,371
- Net rental income
- $38,831
- Other revenue
- $38,831
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $169,674
- Other salaries and wages
- $1,237,192
- Salaries, compensation and benefits (total)
- $1,630,269
- Professional fundraising fees
- $0
- Legal fees
- $346
- Accounting fees
- $175
- Occupancy
- $79,887
- Travel
- $25,836
- Depreciation
- $7,610,737
- Program services (functional)
- $2,192,502
- Management and general (functional)
- $647,677
- Fundraising (functional)
- $8,466,242
Balance sheet and other
- Total assets, start of year
- $31,740,227
- Total assets, end of year
- $27,843,607
- Total liabilities, end of year
- $9,332,181
- Net assets, end of year
- $18,511,426
- Land, buildings and equipment
- $2,308,391
- Net assets without donor restrictions
- $15,649,454
- Net assets with donor restrictions
- $2,861,972
- Gross receipts
- $6,838,428
- Employees
- 53
- Volunteers
- 0
- Year formed
- 1970
- 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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GINETTE HUGHES | CEO Officer | 40 | $84,761 |
| SARAH EGNER | OFFICER Officer | 32 | $64,618 |
| BOB RUSSELL | TREASURER Trustee or director | 0.5 | $0 |
| TONYA KOBLICK | DIRECTOR Trustee or director | 0.5 | $0 |
| IAN KOBLICK | DIRECTOR Trustee or director | 20 | $0 |
| DAVID STONE | DIRECTOR Trustee or director | 0.5 | $0 |
| NEIL MONNEY | VICE CHAIRMAN Trustee or director | 0.5 | $0 |
| CRAIG MULLEN | DIRECTOR Trustee or director | 0.5 | $0 |
| KATHLEEN MCCUE | SECRETARY Trustee or director | 1 | $0 |
| SHAWN TOLLEY | DIRECTOR Trustee or director | 1 | $0 |
| LES BURKE | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GINETTE HUGHES | CEO Officer | 40 | $75,449 |
| SARAH EGNER | OFFICER Trustee or director | 32 | $57,331 |
| DAVID STONE | DIRECTOR Trustee or director | 0.5 | $0 |
| NEIL MONNEY | VICE CHAIRMAN Trustee or director | 0.5 | $0 |
| CRAIG MULLEN | DIRECTOR Trustee or director | 0.5 | $0 |
| KATHLEEN MCCUE | SECRETARY Trustee or director | 1 | $0 |
| SHAWN TOLLEY | DIRECTOR Trustee or director | 1 | $0 |
| LES BURKE | DIRECTOR Trustee or director | 1 | $0 |
| BOB RUSSELL | DIRECTOR Officer | 0.5 | $0 |
| TONYA KOBLICK | DIRECTOR Officer | 0.5 | $0 |
| IAN KOBLICK | CHAIRMAN AND DIRECTOR Officer | 20 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 787, KEY LARGO, FL 33037-0000
- Principal officer (990 for 2024)
- GINETTE HUGHES, PO BOX 37787, KEY LARGO, FL 33037
- Signed the 990
- GINETTE HUGHES, CEO
- Phone
- (305) 451-1139
- Website
- WWW.MRDF.ORG
- Return prepared by
- TOLLEY & HILL PLLC
Mission
WE INSPIRE TODAY'S STUDENTS TO BECOME TOMORROW'S OCEAN PROTECTORS THROUGH ENGAGING, HANDS-ON ACTIVITIES, GUIDED FIELD TRIPS, VIRTUAL CLASSES, FREE LEARNING RESOURCES, AND PROFESSIONAL DEVELOPMENT WORKSHOPS. OUR MARINELAB UNDERSEA LABORATORY MUSEUM INVITES THE PUBLIC TO EXPERIENCE WHAT IT WAS LIKE TO LIVE AND WORK IN AN UNDERSEA RESEARCH STATION.
Program accomplishments
- OUR PROGRAMS INTRODUCED 7,000 PEOPLE TO MARINE SCIENCE CONCEPTS THROUGH HANDS-ON LABS, DISCUSSION ACTIVITIES, CITIZEN SCIENCE PROJECTS, AND SNORKELING EXPLORATIONS BY BOAT. FOR MANY PARTICIPANTS, THIS IS THEIR FIRST EXPERIENCE OF THE OCEAN. OVER 100 TEACHERS, INCLUDING SEVERAL FROM CARIBBEAN NATIONS, PARTICIPATED IN SEVERAL PROFESSIONAL DEVELOPMENT WORKSHOPS. OUR CURRICULUM IS BASED ON PEER-REVIEWED SCIENCE. FIELD EXPERIENCES HAVE BEEN PROVEN TO INCREASE RETENTION OF KNOWLEDGE, PLUS THE STUDENTS ARE EXPERIENCING NATURE UNPLUGGED IN AN INCREASINGLY PLUGGED-IN WORLD. VIRTUAL EMARINELAB PROGRAMS INCLUDE INTERACTING WITH A LIVE MARINE SCIENCE INSTRUCTOR AND REACHED 1800 PARTICIPANTS IN 2023. FREE LEARNING RESOURCES ARE AVAILABLE FOR TEACHERS AND HOMESCHOOLING FAMILIES.Expenses $2,192,502 · revenue $2,672,044
- THE MARINELAB UNDERSEA LABORATORY HOSTED RESEARCH AND EDUCATIONAL PROGRAMS WHILE IT WAS SUBMERGED IN OUR LAGOON FROM 1985 - 2018. AFTER IT WAS REMOVED FROM THE WATER IN 2018, IT WAS RENOVATED AND TURNED INTO AN INTERACTIVE MUSEUM, DESIGNED TO PROVIDE AN EXPERIENCE THAT MIMICS THE FEELING OF BEING IN A WORKING UNDERSEA RESEARCH STATION.
- MARINELAB CONDUCTS OUTREACH PROGRAMS THROUGH HOSTING EVENTS ON SITE, SUCH AS OUR MONTHLY FREE FAMILY DAYS, AND HAVING A PRESENCE AT LOCAL COMMUNITY EVENTS. THOUSANDS OF PEOPLE OF ALL AGES HAVE LEARNED SOMETHING NEW ABOUT THE OCEAN THIS YEAR.
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 67-0258256
- 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
- 1985
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Science and technology (U210)
- Assets (IRS master file)
- $27,843,607
- Income (IRS master file)
- $6,838,428
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $6,747,764 | $11,306,421 | $27,843,607 | XML |
| 990 | December 2023 | $3,182,234 | $10,100,182 | $31,740,227 | IRS |
| 990 | December 2022 | $26,715,726 | $7,845,779 | $36,320,568 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | $9,020,399 | $20,561,103 | $14,206,249 | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 67-0258256).
Questions about MARINE RESOURCES DEVELOPMENT FOUNDATION
- What is the EIN of MARINE RESOURCES DEVELOPMENT FOUNDATION?
- The employer identification number (EIN) of MARINE RESOURCES DEVELOPMENT FOUNDATION is 67-0258256.
- Is MARINE RESOURCES DEVELOPMENT FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1985.
- Are donations to MARINE RESOURCES DEVELOPMENT FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MARINE RESOURCES DEVELOPMENT FOUNDATION 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 MARINE RESOURCES DEVELOPMENT FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MARINE RESOURCES DEVELOPMENT FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of MARINE RESOURCES DEVELOPMENT FOUNDATION?
- The 990 for the year ended December 31, 2024 names GINETTE HUGHES.
- Who are the officers and directors of MARINE RESOURCES DEVELOPMENT FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 11 people; 2 received compensation from the organization, the highest $84,761 (GINETTE HUGHES, CEO).
- How much revenue does MARINE RESOURCES DEVELOPMENT FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $6,747,764, expenses of $11,306,421 and total assets of $27,843,607 at year end.
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