Save the Bay INC FY2021 filing

Tax-deductible

Providence, RI501(c)(3)EnvironmentEIN 05-0343046Revenue $3.3M in FY2021

On file with the IRSsavebay.org100 Save the Bay Dr, 02905-5606 · Providence, RITax-exempt since Mar 1971Publicly supported charity — 170(b)(1)(A)(vi)

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Save the Bay protects, restores, and improves the ecological health of the narragansett Bay region, including its watershed and adjacent coastal waters, through an ecosystem-based approach to enviromental action; defends the right of the public to use and enjoy the Bay and its surrounding waters; and fosters an ethic of enviromental stewardship among people who live in or visit the narragansett Bay region.

501(c)(3) charity; gifts are tax-deductible.
67¢ of each $1 spent went to programs.
$140K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $1.3M a year · 25% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
67%
of spending
Fine: 67% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$140K
to officers and key staff · 5% of spending
Looks good: pay to officers and key staff is 5% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
6 mo
of spending, in cash
Looks good: 5.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
14
named funders · $771K
Looks good: 14 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$744K
6% of total assets
Looks good: liabilities are 6% of assets; 50% or less.
Pt X · Ln 26
Independent board members
20
of 20 voting members
Looks good: 20 of 20 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.3M
-21% vs prior year
Spent
$2.9M
To programs
67%
Net assets
$11.5M
By yearFY2020–FY2025
Revenue
$3.3M
FY2021▼ -21%
Tap a bar for its year
Revenue by fiscal year
FY2020$4.2M
FY2021$3.3M
FY2022$7.5M
FY2023$5.8M
FY2024$5.6M
FY2025$4.9M
Expenses
$2.9M
FY2021▼ -17%
Tap a bar for its year
Expenses by fiscal year
FY2020$3.4M
FY2021$2.9M
FY2022$3.4M
FY2023$3.9M
FY2024$4.7M
FY2025$5.4M
Net assets
$11.5M
FY2021▲ +10%
Tap a bar for its year
Net assets by fiscal year
FY2020$10.5M
FY2021$11.5M
FY2022$15.2M
FY2023$17.5M
FY2024$18.6M
FY2025$18.3M

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 1971.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

67 cents of each dollar spent went to programs.

Program services 67% · $1.9M Management & general 11% · $321K Fundraising 22% · $613K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

21 people listed on the 990; $140K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Executive Director
$139,570Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A

Maureen Fogarty’s $147K as Director of Operations is at the 62nd percentile of top reported officer pay among 1851 $1–10M environment nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Jonathan Stone—$153,220$160,137$135,012$139,570$131,445
Maureen Fogarty$146,878$145,927$105,899———
Christopher Hamblett$141,100$137,186————
Bridget Prescott$106,130$104,299————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Protects, restores, and improves Narragansett Bay's health and public access.

Questions for Save the Bay INC

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Provided by the organization

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3 programs · $1.9M · in their own filed words · FY2020
01

Save the bay's education program, explore the bay, is a hands-on, inquiry based, marine education program that is designed in collaboration with teachers and school administrators to provide highly effective science based curriculums. The program strives to create academic success and future bay stewards.

$873Kprogram expense
02

Save the bay's policy, advocacy and restoration programs have been a core function of the organization since its inception in 1970. We champion public policies that protect and improve narragansett bay, its tributaries and the coast.

$822Kprogram expense
03

Save the bay's outreach initiatives bring together and inform individuals, organizations, and governments to foster an ethic of environmental stewardship among people who live in or visit the narragansett bay region.

$222Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 14 funders →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$3.3M
Ln 12
Gifts and grantsLn 1h$3.1M
Investment incomeLn 3$131K
Fees for servicesLn 2g$52K
Money outPt IX
$2.9M
Ln 25
Programscol B$1.9M
Managementcol C$321K
Fundraisingcol D$613K
Owns and owesPt X
$11.5M
net assets · Ln 32
Cash and savingsLn 1–2$1.4M
Total assetsLn 16$12.3M
LiabilitiesLn 26$744K
PeoplePt VI, VII
21
listed · VII A
PaidVII A1
Voting boardVI 1a20
IndependentVI 1b20
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$3.1M
Government grantsLn 1e$651K
Noncash giftsLn 1g$267K
Fundraising eventsLn 1c$145K
Fees for servicesLn 2g$52K
Investment incomeLn 3$131K
Other incomeLn 4–11$9K
Gains on assetsLn 7$84K
Total revenueLn 12$3.3M
Assets in detailPt X, end of year
CashLn 1$619K
SavingsLn 2$781K
Cash and savings togetherLn 1–2$1.4M
InvestmentsLn 11–13$3.7M
Land, buildings, equipmentLn 10c$6.5M
Other assetsLn 15$0
Total assetsLn 16$12.3M
LiabilitiesLn 26$744K
Net assetsLn 32$11.5M
OperationsPt I, VI
EmployeesI 543
VolunteersI 63,703
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$1.0M$1.4M
InvestmentsLn 11–13$2.9M$3.7M
Land, buildings, equipmentLn 10c$6.1M$6.5M
Total assetsLn 16$11.2M$12.3M
LiabilitiesLn 26$728K$744K
Net assetsLn 32$10.5M$11.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$2K$2K
Pay of current officers, directors and key staffLn 5$138K$55K$28K$55K
Other salaries and wagesLn 7$1.3M$760K$325K$239K
Other employee benefitsLn 9$228K$153K$28K$47K
Payroll taxesLn 10$126K$78K$19K$29K
Accounting feesLn 11c$51K$51K
Investment management feesLn 11f$17K$17K
Other fees for servicesLn 11g$107K$57K$35K$15K
Advertising and promotionLn 12$19K$19K
Office expensesLn 13$105K$54K$17K$34K
Information technologyLn 14$53K$17K$9K$27K
OccupancyLn 16$196K$43K$153K
TravelLn 17$55K$55K$144
Conferences, conventions and meetingsLn 19$2K$1K$175$351
Depreciation, depletion and amortizationLn 22$261K$98K$155K$8K
InsuranceLn 23$101K$64K$18K$19K
Other expenses (24a–d)Ln 24$65K$460K−$534K$139K
Total functional expensesLn 25$2.9M$1.9M$321K$613K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $4.9M$5.4M−$554K$18.3M 990 PDF
FY2024 $5.6M$4.7M$890K$18.6M 990 PDF
FY2023 $5.8M$3.9M$2.0M$17.5M 990 PDF
FY2022 $7.5M$3.4M$4.2M$15.2M 990 PDF
FY2021 Viewing $3.3M$2.9M$486K$11.5M 990 PDF
FY2020 $4.2M$3.4M$784K$10.5M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $3,337,180 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $3,718,142$3,145,383
I-9 Program service revenuePrior year $402,690$52,190
I-10 Investment incomePrior year $132,486$130,689
I-11 Other revenuePrior year −$29,901$8,918
I-12 Total revenuePrior year $4,223,417$3,337,180
I-13 Grants and similar amounts paidPrior year $0$2,249
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $2,131,085$1,816,201
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,308,324$1,032,474
I-18 Total expensesPrior year $3,439,409$2,850,924
I-19 Revenue less expensesPrior year $784,008$486,256
Part VI · Governance 20 of 20 board members independent, no flags
VI-1a Voting members of the governing body20
VI-1b Independent voting members20
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $3,337,180 across 11 lines filed
Lines not itemized here account for $3,054 of total revenue; see the IRS return.
VIII-1c Fundraising events$145,248
VIII-1e Government grants$650,916
VIII-1f All other contributions, gifts and grants$2,349,219
VIII-1g Noncash contributions (included above)$266,571
VIII-1h Total contributions, gifts and grants$3,145,383
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $52,190$52,190
VIII-3 Investment incomeExcluded from tax $46,552$46,552
VIII-7 Net gain or loss on sales of assetsExcluded from tax $84,137$84,137
VIII-8 Net income from fundraising eventsExcluded from tax −$13,904−$13,904
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $19,768$19,768
VIII-12 Total revenueRelated to mission $55,244 · Unrelated business $0 · Excluded from tax $136,553$3,337,180
Part IX · Statement of functional expenses $2,850,924 across 17 lines filed
IX-2 Grants to domestic individualsPrograms $2,249$2,249
IX-5 Pay of current officers, directors and key staffPrograms $55,157 · Management $27,578 · Fundraising $55,157$137,892
IX-7 Other salaries and wagesPrograms $760,023 · Management $325,132 · Fundraising $239,169$1,324,324
IX-9 Other employee benefitsPrograms $152,577 · Management $28,266 · Fundraising $47,058$227,901
IX-10 Payroll taxesPrograms $78,489 · Management $18,823 · Fundraising $28,772$126,084
IX-11c Accounting feesManagement $50,675$50,675
IX-11f Investment management feesManagement $17,372$17,372
IX-11g Other fees for servicesPrograms $56,753 · Management $34,795 · Fundraising $15,442$106,990
IX-12 Advertising and promotionPrograms $19,415$19,415
IX-13 Office expensesPrograms $54,191 · Management $16,778 · Fundraising $33,982$104,951
IX-14 Information technologyPrograms $17,301 · Management $9,392 · Fundraising $26,769$53,462
IX-16 OccupancyPrograms $42,958 · Management $152,989$195,947
IX-17 TravelPrograms $54,549 · Management $144$54,693
IX-19 Conferences, conventions and meetingsPrograms $1,076 · Management $175 · Fundraising $351$1,602
IX-22 Depreciation, depletion and amortizationPrograms $97,780 · Management $155,165 · Fundraising $8,341$261,286
IX-23 InsurancePrograms $64,101 · Management $17,629 · Fundraising $19,449$101,179
IX-24 Other expenses (24a–d)Programs $460,166 · Management −$533,956 · Fundraising $138,692$64,902
IX-25 Total functional expensesPrograms $1,916,785 · Management $320,957 · Fundraising $613,182$2,850,924
Part X · Balance sheet $12,260,804 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $585,971$618,563
X-2 Savings and temporary cash investmentsStart of year $429,224$780,742
X-3 Pledges and grants receivableStart of year $924,522$402,934
X-4 Accounts receivableStart of year $72,570$159,554
X-8 Inventories for sale or useStart of year $17,244$19,701
X-9 Prepaid expenses and deferred chargesStart of year $72,993$64,052
X-10c Land, buildings and equipment, netStart of year $6,106,742$6,514,089
X-11 Publicly traded securitiesStart of year $2,897,540$3,701,169
X-15 Other assetsStart of year $131,643$0
X-16 Total assetsStart of year $11,238,449$12,260,804
X-17 Accounts payable and accrued expensesStart of year $195,213$404,899
X-19 Deferred revenueStart of year $120,244$339,103
X-25 Other liabilitiesStart of year $412,800$0
X-26 Total liabilitiesStart of year $728,257$744,002
X-27 Net assets without donor restrictionsStart of year $6,540,920$7,505,292
X-28 Net assets with donor restrictionsStart of year $3,969,272$4,011,510
X-32 Total net assets or fund balancesStart of year $10,510,192$11,516,802
X-33 Total liabilities and net assetsStart of year $11,238,449$12,260,804
Part XI · Reconciliation of net assets $11,516,802 net assets at year end
XI-1 Total revenue$3,337,180
XI-2 Total expenses$2,850,924
XI-3 Revenue less expenses$486,256
XI-4 Net assets at start of year$10,510,192
XI-5 Net unrealized gains (losses) on investments$520,354
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$11,516,802

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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