UScience & TechnologyEIN: 670258256· Ruling Year: 1985

Marine Resources Development Foundation

Key Largo, Florida

A-Health Score
78A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

💰
$26.7M
Total Revenue
📊
$7.8M
Total Expenses
🏦
$28.1M
Net Assets
📋
$8.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+196.2%
Year-over-year change (2021 → 2022)
Net Margin
+70.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
3.59
Net assets divided by total expenses
Liabilities-to-Assets
22.5%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2022$26,715,726196%$7,845,77962%$36,320,568156%
2021$9,020,399568%$20,561,10380%$14,206,24957%
2020$1,351,25791%$11,431,53010%$32,963,97726%
2019$15,168,94531%$10,367,9233%$44,654,4764%
2018$21,903,248126%$10,101,7717%$42,781,679251%
2017$9,705,915326%$9,433,868429%$12,202,47041%
2016$2,280,59883%$1,783,5005%$20,626,0953%
2015$13,706,567469%$1,874,7863%$20,110,17449%
2014$2,409,3169%$1,931,24013%$13,490,7353%
2013$2,212,71843%$1,704,1119%$13,059,6722%
2012$1,545,9098%$1,566,71514%$12,830,8901%
2011$1,674,877$1,831,446$12,942,557

Frequently Asked Questions

What does Marine Resources Development Foundation do?

Marine Resources Development Foundation is a science & technology nonprofit organization based in Florida. It is classified under NTEE code U210 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Marine Resources Development Foundation financially healthy?

Based on our 9-metric Financial Health Score model, Marine Resources Development Foundation has a score of 78/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Marine Resources Development Foundation generate?

Marine Resources Development Foundation reports $6.7M in annual revenue and holds $27.8M in total assets, based on IRS filings.

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