Whale Trust FY2022 filing

Tax-deductible

Puunene, HI501(c)(3)Since 2001Science & TechnologyEIN 91-2144632Revenue $572K in FY2022

On file with the IRSwhaletrust.orgPo Box 1360, 96784-1360 · Puunene, HITax-exempt since Jan 2002Publicly supported charity — 170(b)(1)(A)(vi)

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Whale Trust supports and conducts scientific research, marine education, and conservation programs on marine mammals and their environment.

501(c)(3) charity; gifts are tax-deductible.
78¢ of each $1 spent went to programs.
$52K 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

FY2022 · 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 $143K a year · 20% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
78%
of spending
Looks good: 78% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$52K
to officers and key staff · 11% of spending
Looks good: pay to officers and key staff is 11% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
18 mo
of spending, in cash
Looks good: 17.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
12
named funders · $163K
Looks good: 12 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$162K
22% of total assets
Looks good: liabilities are 22% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 9 voting members
Looks good: 8 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$572K
+2% vs prior year
Spent
$455K
To programs
78%
Net assets
$573K
By yearFY2020–FY2025
Revenue
$572K
FY2022▲ +2%
Tap a bar for its year
Revenue by fiscal year
FY2020$544K
FY2021$561K
FY2022$572K
FY2023$663K
FY2024$1.2M
FY2025$754K
Expenses
$455K
FY2022▲ +18%
Tap a bar for its year
Expenses by fiscal year
FY2020$460K
FY2021$387K
FY2022$455K
FY2023$616K
FY2024$730K
FY2025$804K
Net assets
$573K
FY2022▲ +26%
Tap a bar for its year
Net assets by fiscal year
FY2020$282K
FY2021$456K
FY2022$573K
FY2023$620K
FY2024$1.1M
FY2025$1.1M

From the FY2022 Form 990 (year ending June 2022) · see the original

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You’re viewing the FY2022 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 Jan 2002.

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

Where the money goes

78 cents of each dollar spent went to programs.

Program services 78% · $355K Management & general 22% · $99K Fundraising 0% · $1K

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

9 people listed on the 990; $52K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Executive Di
$52,000Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Chairmant/Tr
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Meagan Jones Gray’s $87K as Executive Di is at the 61st percentile of top reported officer pay among 312 $100K–1M science & technology 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 · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Meagan Jones Gray$87,415$64,400$53,200$52,000$42,500$41,200

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 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Supports scientific research, education, and conservation for marine mammals and their environment.

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Provided by the organization

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3 programs · $321K · in their own filed words · FY2021
01

Education and outreach-whale trust's mission includes communicating scientific research and conducting education programs on whales and the marine environment. Whale trust fulfills that mission through community outreach events, educational field experiences, school outreach programs, mentorship, and internship programs for students.

$152Kprogram expense
02

Humpback whale research and photo documentation-whale trust's mission includes conducting and promoting scientific research on whales and the marine environment. Research projects include reproductive and mating behavior, and photographic and video illustration documenting the behavior of humpback whales in their natural environment.

$88Kprogram expense
03

Humpback whale song study-whale trust's mission includes conducting scientific research on whales and the marine environment. Key research includes investigation into the structure and function of humpback whale song across the north pacific.

$81Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2024
See all 12 funders →
Grants paid · 8 grants · $162K · 2019–2024
Unitemized GrantFY2024$85,176
Unitemized GrantFY2023$40,000
Unitemized GrantFY2023$2,000

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$572K
Ln 12
Gifts and grantsLn 1h$573K
Investment incomeLn 3$163
Money outPt IX
$455K
Ln 25
Programscol B$355K
Managementcol C$99K
Fundraisingcol D$1K
Owns and owesPt X
$573K
net assets · Ln 32
Cash and savingsLn 1–2$673K
Total assetsLn 16$735K
LiabilitiesLn 26$162K
PeoplePt VI, VII
9
listed · VII A
PaidVII A1
Voting boardVI 1a9
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$573K
Investment incomeLn 3$163
Total revenueLn 12$572K
Assets in detailPt X, end of year
CashLn 1$93K
SavingsLn 2$580K
Cash and savings togetherLn 1–2$673K
InvestmentsLn 11–13$4K
Land, buildings, equipmentLn 10c$27K
Other assetsLn 15$280
Total assetsLn 16$735K
LiabilitiesLn 26$162K
Net assetsLn 32$573K
OperationsPt I, VI
EmployeesI 55
VolunteersI 670
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$591K$673K
InvestmentsLn 11–13$4K$4K
Land, buildings, equipmentLn 10c$37K$27K
Total assetsLn 16$664K$735K
LiabilitiesLn 26$207K$162K
Net assetsLn 32$456K$573K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$5K$5K
Grants to domestic individualsLn 2$5K$5K
Grants and assistance to foreign recipientsLn 3$5K$5K
Pay of current officers, directors and key staffLn 5$52K$25K$27K
Other salaries and wagesLn 7$73K$35K$38K
Pension plan contributionsLn 8$3K$1K$2K
Other employee benefitsLn 9$5K$3K$1K
Payroll taxesLn 10$11K$5K$6K
Accounting feesLn 11c$5K$5K
Other fees for servicesLn 11g$67K$67K
Advertising and promotionLn 12$4K$4K
Office expensesLn 13$11K$7K$3K$1K
OccupancyLn 16$17K$17K
Depreciation, depletion and amortizationLn 22$10K$6K$4K
InsuranceLn 23$5K$5K
Other expenses (24a–d)Ln 24$161K$155K$5K$25
All other expensesLn 24e$17K$14K$3K$360
Total functional expensesLn 25$455K$355K$99K$1K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $754K$804K−$50K$1.1M 990 PDF
FY2024 $1.2M$730K$485K$1.1M 990 PDF
FY2023 $663K$616K$47K$620K 990 PDF
FY2022 Viewing $572K$455K$117K$573K 990 PDF
FY2021 $561K$387K$174K$456K 990 PDF
FY2020 $544K$460K$84K$282K 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 FY2022 990 (6 parts)
Part I · Summary $571,851 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $559,579$573,152
I-9 Program service revenue$0
I-10 Investment incomePrior year $46$163
I-11 Other revenuePrior year $1,768−$1,464
I-12 Total revenuePrior year $561,393$571,851
I-13 Grants and similar amounts paidPrior year $7,500$15,100
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $119,784$143,059
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $259,954$297,001
I-18 Total expensesPrior year $387,238$455,160
I-19 Revenue less expensesPrior year $174,155$116,691
Part VI · Governance 8 of 9 board members independent, 2 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members8
VI-2 Family or business relationship among officers or directorsYes
VI-13 Written whistleblower policyNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $571,851 across 5 lines filed
Lines not itemized here account for −$1,710 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$573,152
VIII-1h Total contributions, gifts and grants$573,152
VIII-3 Investment incomeExcluded from tax $163$163
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $246$246
VIII-12 Total revenueRelated to mission −$1,464 · Excluded from tax $163$571,851
Part IX · Statement of functional expenses $455,160 across 17 lines filed
IX-1 Grants to domestic organizationsPrograms $5,100$5,100
IX-2 Grants to domestic individualsPrograms $5,000$5,000
IX-3 Grants and assistance to foreign recipientsPrograms $5,000$5,000
IX-5 Pay of current officers, directors and key staffPrograms $25,227 · Management $27,273$52,500
IX-7 Other salaries and wagesPrograms $34,863 · Management $37,691$72,554
IX-8 Pension plan contributionsPrograms $1,248 · Management $1,514$2,762
IX-9 Other employee benefitsPrograms $3,283 · Management $1,357$4,640
IX-10 Payroll taxesPrograms $5,095 · Management $5,508$10,603
IX-11c Accounting feesManagement $5,037$5,037
IX-11g Other fees for servicesPrograms $67,412$67,412
IX-12 Advertising and promotionPrograms $3,783$3,783
IX-13 Office expensesPrograms $7,016 · Management $2,767 · Fundraising $1,087$10,870
IX-16 OccupancyPrograms $17,276$17,276
IX-22 Depreciation, depletion and amortizationPrograms $5,889 · Management $4,268$10,157
IX-23 InsuranceManagement $5,010$5,010
IX-24 Other expenses (24a–d)Programs $155,112 · Management $5,419 · Fundraising $25$160,556
IX-24e All other expensesPrograms $13,559 · Management $2,981 · Fundraising $360$16,900
IX-25 Total functional expensesPrograms $354,863 · Management $98,825 · Fundraising $1,472$455,160
Part X · Balance sheet $734,986 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $415,745$93,429
X-2 Savings and temporary cash investmentsStart of year $175,731$579,659
X-8 Inventories for sale or useStart of year $28,601$28,412
X-9 Prepaid expenses and deferred chargesStart of year $2,474$2,474
X-10c Land, buildings and equipment, netStart of year $36,662$26,501
X-11 Publicly traded securitiesStart of year $4,231$4,231
X-15 Other assetsStart of year $280$280
X-16 Total assetsStart of year $663,724$734,986
X-17 Accounts payable and accrued expensesStart of year $57,498$12,069
X-26 Total liabilitiesStart of year $207,398$161,969
X-27 Net assets without donor restrictionsStart of year $393,422$482,228
X-28 Net assets with donor restrictionsStart of year $62,904$90,789
X-32 Total net assets or fund balancesStart of year $456,326$573,017
X-33 Total liabilities and net assetsStart of year $663,724$734,986
Part XI · Reconciliation of net assets $573,017 net assets at year end
XI-1 Total revenue$571,851
XI-2 Total expenses$455,160
XI-3 Revenue less expenses$116,691
XI-4 Net assets at start of year$456,326
XI-10 Net assets at end of year$573,017

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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