Reef Relief Inc
Only null% goes to programs Strong reserves Growing revenue
Reef Relief Inc is a 501(c)(3) organization based in Key West, Florida, registered in 1988, with $496,780 in FY2024 revenue. CharityIndex grades it B.
Po Box 430, Key West, FL, 33041 EIN 59-2696402 Since 1988
Revenue (FY2024)
$497K
▲ 14.3% vs prior year
Environment median: $250K
Expenses (FY2024)
$447K
Net assets
$600K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Reef Relief Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating16 mo reserves · +10% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Reef Relief Inc: 16 mo reserves · +10% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Reef Relief Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Reef Relief Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- Po Box 430, Key West, FL, 33041
- City
- Key West
- State
- Florida
- Category
- Environment
- Subcategory
- Natural Resources Conservation
- Website
- …
Financial trends
Revenue grew from $216K (FY2013) to $497K (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $600K
Operating margin
9.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$600K
Total liabilities
$0
Net assets
$600K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $496,780▲14.3% | $447,400▲8.3% | $600,360▲13.0% | $600,360▲13.0% | 990 |
| 2023 | $434,704▲8.7% | $413,082▲61.3% | $531,229▲41.2% | $531,229▲41.2% | 990 |
| 2021 | $400,045▲44.6% | $256,082▲16.8% | $376,273▲88.1% | $376,273▲47.4% | 990 |
| 2020 | $276,696▲44.5% | $219,314▲0.1% | $200,010▲40.2% | $255,260▲79.0% | 990 |
| 2019 | $191,522▼24.5% | $219,005▲13.4% | $142,628▼16.2% | $142,628▼16.2% | 990 |
| 2018 | $253,737▲32.2% | $193,127▼0.3% | $170,111▲55.4% | $170,111▲28.9% | 990 |
| 2017 | $191,867▼8.8% | $193,774▼5.5% | $109,501▼1.7% | $132,001▲18.5% | 990 |
| 2016 | $210,340▲18.1% | $205,088▲9.5% | $111,408▲4.9% | $111,408▲4.9% | 990 |
| 2015 | $178,145▼20.1% | $187,328▼3.6% | $106,156▼8.0% | $106,156▼10.0% | 990 |
| 2014 | $222,900▲3.2% | $194,226▲4.1% | $115,339▲33.1% | $117,945▲32.7% | 990 |
| 2013 | $216,075 | $186,503▲2.3% | $86,665▲51.8% | $88,911▲49.6% | 990 |
| 2012 | — | $182,300▼24.6% | $57,093▼49.0% | $59,436▼48.0% | 990 |
| 2011 | — | $241,802▲10.3% | $111,913▼23.6% | $114,401▼23.0% | 990 |
| 2010 | — | $219,268 | $146,499 | $148,601 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $257K total
17 grants to Reef Relief Inc totaling $257K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Community Foundation For Greater Atlanta Inc | Diseases/disorders/medical | 2024 | $20,000 |
| The Community Foundation For Greater Atlanta Inc | Environment | 2023 | $25,000 |
| Donor Advised Charitable Giving | Environmental and animals | 2023 | $6,500 |
| The Community Foundation For Greater Atlanta Inc | Environment | 2022 | $50,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $21,500 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $21,500 |
| The Community Foundation For Greater Atlanta Inc | Environment | 2021 | $20,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2020 | $10,750 |
| Network For Good Inc | Unrestricted | 2020 | $7,032 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2019 | $10,600 |
| Mote Marine Laboratory | Protect our reefs grant | 2019 | $7,200 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2018 | $10,500 |
| Mote Marine Laboratory | Protect our reefs grant | 2018 | $7,200 |
| Mote Marine Laboratory | Protect our reefs grant | 2017 | $7,500 |
| Mote Marine Laboratory | Protect our reefs grant | 2016 | $15,000 |
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Frequently asked questions
- Is Reef Relief Inc a legitimate nonprofit?
- Yes. Reef Relief Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 59-2696402, based in Key West, Florida. Donations are tax-deductible.
- What is Reef Relief Inc's EIN?
- Reef Relief Inc's Employer Identification Number (EIN) is 59-2696402.
- How much revenue does Reef Relief Inc report?
- Reef Relief Inc reported $496,780 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Reef Relief Inc have?
- CharityIndex grades Reef Relief Inc B, based on financial health (reserves and operating margin).
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Data for Reef Relief Inc (EIN 59-2696402) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.