Reef Check Foundation
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
The BBB Wise Giving Alliance requested but did not receive complete information from the organization and is unable to verify the organization's compliance with the following Standard(s) for Charity Accountability: 19
Reef Check Foundation meets the remaining 19 Standards for Charity Accountability.
Stated Purpose:
"to promote stewardship of sustainable reef communities worldwide."
Year, State Incorporated:
2004, CA
Reef Check Foundation (RCF) reports that it works across 40 countries and territories to empower people to save reefs and oceans through education, research, and conservation. The organization is dedicated to the conservation of tropical coral reefs and temperate kelp forests. RCF works to train and organize teams of local volunteer citizen scientist divers that collect data on reef health. The organization states that it also promotes public education about reefs and the ocean and develops ecologically and economically sustainable solutions for reef conservation and restoration.
For the year ended December 31, 2022, Reef Check Foundation's program expenses were:
| Program services | $1,477,774 |
| Total Program Expenses | $1,477,774 |
Chief Executive
Jan Freiwald, PhD, Executive Director
Compensation*
$122,231
Chair of the Board
Robert McClatchy
Chair's Profession / Business Affiliation
Chief Executive Officer, Clatch Fund
Board Size
16
Paid Staff Size
12
*2022 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Note: Helen Brierley serves as co-chair of the board of directors.
Method(s) Used:
Grant proposals, Internet, Direct mail appeals, Radio, Print advertisements
Fundraising costs were 14% of related contributions. (Related contributions, which totaled $950,549, are donations received as a result of fundraising activities.)
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Reef Check Foundation's audited financial statements for the year ended December 31, 2022.
Source of Funds
| Investment income, net | $-4,420 |
| Special events, net | $14,314 |
| Retail sales, net | $14,327 |
| Program service income | $733,515 |
| Contributions and grants | $936,235 |
| Total Income | $1,693,971 |
Programs: 81% Fundraising: 7% Administrative: 12%
| Total Income | $1,693,971 |
| Total expenses: | $1,829,768 |
| Program expenses | $1,477,774 |
| Fundraising expenses | $131,267 |
| Administrative expenses | $220,727 |
| Other expenses | $0 |
| Income in Excess of Expenses | $-135,797 |
| Beginning Net Assets | $399,223 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $263,426 |
| Total Liabilities | $264,412 |
| Total Assets | $527,838 |
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
This report is not to be used for fundraising or promotional purposes.
RELATED CONTENT
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Meets Standards
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Standards Not Met
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Did Not Disclose
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Review in Progress
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Unable to Verify
Report completed by:
BBB Wise Giving Alliance