FLORIDA AQUACULTURE FOUNDATION INC Charity Report

Tax-exempt status may be revoked

FLORIDA AQUACULTURE FOUNDATION INC

EIN 45-2774501 · Food, Agriculture, and Nutrition N.E.C.

What they do

PROMOTE and DEVELOP ECONOMIC EMPOWERMENT THROUGH EDUCATION, TRAINING and RESEARCH IN AQUACULTURE.

Before you give

Should I give to this charity?

Easy charity check

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This record may have an IRS status problem. Do not give until you verify it.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkThere may be a problem with its nonprofit status. Check before giving.

Money report from 2017The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders4 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

0.00%of revenue went to mission work50.2% of expenses · Program services

0.00%of revenue went to management and office costs49.8% of expenses

$0.45in assets for every $1 spent this yearSome assets cannot be spent right away.

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Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $600 for GEORGE CORRAL (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

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Money

Financial picture

Tax year 2017

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Expenses$8,720

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$4,381 · 50.2% of expenses

Management and office costs$4,339 · 49.8% of expenses

See all reported dollar amounts

Expenses$8,720

Assets$3,940

Income$1,365

Mission work (program services)$4,381

Management and general$4,339

Accounting fees$4,022

People

Leadership and board

Tax year 2017

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

GEORGE CORRALEXECUTIVE DIRECTOR · 1 hrs/week $600

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (4)

GEORGE CORRALEXECUTIVE DIRECTOR

CASEY LUNCEFORDVICE PRESIDENT

JASON NUNEMAKERCHAIRMAN

KERRYANE MONAHANSECRETARY

About this charity

Location: 601 HERITAGE DRIVE NO 237, JUPITER, FL 33458
County: Palm Beach
In care of: GEORGE CORRAL
Primary officer: GEORGE CORRAL, EXECUTIVE DIRECTOR

How to reach them

WebsiteVisit the charity’s website Phone(561) 741-3000

Filing and classification

Latest tax year: 2017
Tax period began: January 1, 2017
Return type: 990
Tax preparer: CARR RIGGS & INGRAM LLC
IRS tax category: Food, Agriculture, and Nutrition N.E.C.
Revocation date: May 15, 2021