EIN 66-0989179

The Coral Nursery of Puerto Rico

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2021
Most recent tax filings
2023-12-01
Description
The organization's purpose is to repopulate Coral in The ocean around Puerto Rico. The primary activity of The organization is to grow Coral (known as 'Coral recruits') in a land-based Coral Nursery. The organization will grow The Coral recruits in temperature-controlled tanks. When The Coral recruits are mature, they will be outplanted into The ocean.
Total revenues
$108,105
2023
Total expenses
$15,915
2023
Total assets
$268,003
2023
Num. employees
0
2023

Program areas at The Coral Nursery of Puerto Rico

In 2023, The Coral Nursery has made extensive progress to bring our mission to life in Puerto Rico. Due to The immense waiting period for our original land partners for an oceanfront parcel to operate our open water system to grow corals, we began to look elsewhere for a site for The Nursery. Due to The need for oceanfront land, this was very difficult. Luckily, our partner dr. vaughan and engineer behind our land based Coral Nursery was able to redesign our entire water system, allowing our Coral Nursery to now be operational at a site inland, and not require oceanfront land. This system redesign took time, and funds that were raised by The Coral Nursery team. Every dollar has been put towards building this Coral Nursery to bring it here to Puerto Rico now that we can be located inland, we have created a new partnership with The palmas academy. Our new site is located on The school's land. We are working on site prep, permitting, and working with The school and local architects to continue making progress. Other than physical location and Nursery development, The Coral Nursery has been developing a k-12 educational program. Joining our flagship initiatives, this k-12 aquaculture science program is designed to ignite a passion for ocean conservation while equipping students with valuable scientific and technical skills they can carry with them through their continued education and daily lives this program, aligned with The national marine educators association framework, connects science to real-world challenges. Our goal is to reach more than 500 students in humacao, Puerto Rico, providing them with fun, age-appropriate, hands-on activities focused on research, data collection, and Coral aquaculture. We're thrilled to be an official partner of The palmas academy, while expanding our outreach to other local schools around The island, no limitations this program was developed via receiving a grant by The cecfl, allowing for The curriculum to be written. Lastly, we've held community educational events, given many Coral restoration educational presentations to groups of all sorts, and help beach cleanups picking up over 10,000 lbs. of trash on The Puerto rican coastlines. We remain committed to The restoration and conservation of Coral reefs in The region, employing both proactive and reactive strategies as outlined by The united nations environment program (unep) guidelines as our core mission, one step at a time.

Who funds The Coral Nursery of Puerto Rico

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$50,100
Closehaul Capital CharitableCoral Reef Restoration$0

Personnel at The Coral Nursery of Puerto Rico

NameTitleCompensation
Marissa MyerPresident Director$0

Financials for The Coral Nursery of Puerto Rico

RevenuesFYE 12/2023
Total grants, contributions, etc.$74,204
Program services$0
Investment income and dividends$7,950
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$25,951
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$108,105

Form 990s for The Coral Nursery of Puerto Rico

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-13990View PDF
2022-122023-11-29990View PDF
Data update history
February 6, 2024
Posted financials
Added Form 990 for fiscal year 2022
February 6, 2024
Updated personnel
Identified 5 new personnel
February 4, 2024
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Social advocacy organizationsEnvironmental organizationsCharities
Issues
Land and water conservationEnvironment
Characteristics
State / local levelTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
500 Ocean Dr Apt 535
Humacao, PR 00791
Metro area
San Juan-Bayamon-Caguas, PR
County
Humacao Municipio, PR
Website URL
coralnursery.org/ 
Phone
(412) 926-7073
IRS details
EIN
66-0989179
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2021
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
C30: Natural Resources Conservation and Protection
NAICS code, primary
813312: Environment, Conservation, and Wildlife Organizations
Parent/child status
Independent
Free account sign-up

Want updates when The Coral Nursery of Puerto Rico has new information, or want to find more organizations like The Coral Nursery of Puerto Rico?

Create free Cause IQ account