Clean Reefs EIN 83-0663726

Clean Reefs

EIN  83-0663726 Private foundation / grantmaker Santa Rosa, CA
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Size
<$100K
What they do
A private foundation based in Santa Rosa, CA. It reported about $50K in revenue for 2024.
Leadership
James Joseph Forni · Chief Executive Officer
Money in and out
$50K revenue, $31K expenses
Bottom line

A private foundation based in Santa Rosa, CA. It reported about $50K in revenue for 2024. For fiscal year 2024 it reported $50K in revenue, $31K in expenses, and $186K in net assets.Pt I

Grants paid & assets · FY2024
Total revenue
$50K
Pt VIII · Ln 12
Total expenses
$31K
Pt IX · Ln 25
Net assets
$186K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $19K
Total assets
186K
deployed as grants and operations
Grants made
1grants
total in period

Who They Fund

Part XV · grants paid · 1 grant · $5K · 2021–2021

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV1
Average grantPart XV$5K
Median grantPart XV$5K
Largest grantPart XV$5K
Top cause focusNTEEEducation (100%)

Summary of the Filing

Part I · fiscal year 2024 · Form 990-PF
Revenue
$50K
FY20240%
Expenses
$31K
FY2024▼ -27%
Total assets
$186K
FY2024▲ +12%
Total liabilities
$0
FY2024
Total revenue
$50K
Pt VIII · Ln 12
Total expenses
$31K
Pt IX · Ln 25
Net assets
$186K
Pt X · Ln 32
Total assetsPt II$186K

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CClean Reefs
EINHdr · item D83-0663726
Principal addressHdr · item CSanta Rosa, CA
WebsiteHdr · item Jwww.cleanreefs.org
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEnvironment (C20)
Ruling yearIRS BMFJun 2018

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12a
Whistleblower policyPt VI · Ln 13
Document retention policyPt VI · Ln 14
CEO/top-official compensation independently reviewedPt VI · Ln 15a
Family or business relationships among officers/directorsPt VI · Ln 2

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Chief Executive Officer
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants100%$50K
Investment income$17
Total revenueLn 12$50K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Operating & administrative $1.00
Operating & administrative100%$31K
Total functional expensesLn 25$31K

Balance Sheet

Part X · end of year
CashLn 1$186K
Total assetsLn 16$186K
Total liabilitiesLn 26$0
Total net assetsLn 32$186K
Months of cash on handcomputed72.8

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Payout rate
Grants paid $0 · Total assets $186K
0%
Where the money comes from
Contribution dependence
Contributions & grants — · Total revenue $50K
Government reliance
not reported
Earned-income share
not reported
Investment reliance
Investment income $0 · Total revenue $50K
0%
Program self-sufficiency
not reported
Growth & trend
Revenue growth (YoY)
This year $50K · Prior year $50K
0%
Revenue CAGR
FY2020 $40K · FY2024 $50K
+6%
Net-asset trend (YoY)
End of year $186K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $50K · Expenses $31K
+39%
Liabilities-to-Assets
Total liabilities — · Total assets $186K
Net-asset ratio
Net assets $186K · Total assets $186K
100%
People & payroll
Highest Reported Total Compensation
Individual James Joseph Forni · Reported title CHIEF EXECUTIVE OFFICER · Highest reported compensation $0 · Total expenses $31K
0%
Personnel share
not reported
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Revenue growth -0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$50K revenue · viewing · ⤓ 990 PDF
FY2023$50K revenue · ⤓ 990 PDF
FY2022$35K revenue · ⤓ 990 PDF
FY2021$50K revenue · ⤓ 990 PDF
FY2020$40K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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