Whale Trust FY2023 filing

Tax-deductible

Puunene, HI501(c)(3)Since 2001Science & TechnologyEIN 91-2144632Revenue $663K in FY2023

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.
79¢ of each $1 spent went to programs.
$53K 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

FY2023 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $181K a year · 26% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
79%
of spending
Looks good: 79% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$53K
to officers and key staff · 9% of spending
Looks good: pay to officers and key staff is 9% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
14 mo
of spending, in cash
Looks good: 14.2 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
$165K
21% of total assets
Looks good: liabilities are 21% 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
$663K
+16% vs prior year
Spent
$616K
To programs
79%
Net assets
$620K
By yearFY2020–FY2024
Revenue
$663K
FY2023▲ +16%
Tap a bar for its year
Revenue by fiscal year
FY2020$544K
FY2021$561K
FY2022$572K
FY2023$663K
FY2024$1.2M
FY2024$754K
Expenses
$616K
FY2023▲ +35%
Tap a bar for its year
Expenses by fiscal year
FY2020$460K
FY2021$387K
FY2022$455K
FY2023$616K
FY2024$730K
FY2024$804K
Net assets
$620K
FY2023▲ +8%
Tap a bar for its year
Net assets by fiscal year
FY2020$282K
FY2021$456K
FY2022$573K
FY2023$620K
FY2024$1.1M
FY2024$1.1M

From the FY2023 Form 990 (year ending June 2023) · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 2002.

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

Where the money goes

79 cents of each dollar spent went to programs.

Program services 79% · $484K Management & general 18% · $108K Fundraising 4% · $24K

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; $53K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Executive Di
$53,200Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Chairman/Tre
$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

NameFY2024FY2024FY2023FY2022FY2021FY2020
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 · $459K · in their own filed words · FY2022
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.

$279Kprogram 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.

$110Kprogram 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.

$71Kprogram 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 FY2023 990, line by line.

1The main four
Money inPt VIII
$663K
Ln 12
Gifts and grantsLn 1h$642K
Investment incomeLn 3$12K
Other incomeLn 4–11$10K
Money outPt IX
$616K
Ln 25
Programscol B$484K
Managementcol C$108K
Fundraisingcol D$24K
Owns and owesPt X
$620K
net assets · Ln 32
Cash and savingsLn 1–2$729K
Total assetsLn 16$785K
LiabilitiesLn 26$165K
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$642K
Investment incomeLn 3$12K
Other incomeLn 4–11$10K
Total revenueLn 12$663K
Assets in detailPt X, end of year
CashLn 1$96K
SavingsLn 2$633K
Cash and savings togetherLn 1–2$729K
InvestmentsLn 11–13$4K
Land, buildings, equipmentLn 10c$18K
Other assetsLn 15$280
Total assetsLn 16$785K
LiabilitiesLn 26$165K
Net assetsLn 32$620K
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 FY23End FY23
Cash and savingsLn 1–2$673K$729K
InvestmentsLn 11–13$4K$4K
Land, buildings, equipmentLn 10c$27K$18K
Total assetsLn 16$735K$785K
LiabilitiesLn 26$162K$165K
Net assetsLn 32$573K$620K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$8K$8K
Grants to domestic individualsLn 2$5K$5K
Pay of current officers, directors and key staffLn 5$56K$34K$17K$5K
Other salaries and wagesLn 7$94K$57K$29K$8K
Pension plan contributionsLn 8$2K$1K$648$185
Other employee benefitsLn 9$7K$4K$2K$419
Payroll taxesLn 10$13K$8K$4K$1K
Accounting feesLn 11c$19K$19K
Other fees for servicesLn 11g$65K$62K$4K
Advertising and promotionLn 12$13K$13K$168
Office expensesLn 13$14K$7K$6K$810
Information technologyLn 14$2K$984$1K
OccupancyLn 16$28K$28K
InterestLn 20$4K$4K
Depreciation, depletion and amortizationLn 22$8K$8K
InsuranceLn 23$7K$2K$4K
Other expenses (24a–d)Ln 24$251K$241K$7K$3K
All other expensesLn 24e$19K$13K$5K$1K
Total functional expensesLn 25$616K$484K$108K$24K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $1.2M$730K$485K$1.1M 990 PDF
FY2023 Viewing $663K$616K$47K$620K 990 PDF
FY2022 $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 FY2023 990 (6 parts)
Part I · Summary $663,230 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $573,152$641,823
I-9 Program service revenue$0
I-10 Investment incomePrior year $163$11,737
I-11 Other revenuePrior year −$1,464$9,670
I-12 Total revenuePrior year $571,851$663,230
I-13 Grants and similar amounts paidPrior year $15,100$12,500
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $143,059$171,801
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $297,001$431,858
I-18 Total expensesPrior year $455,160$616,159
I-19 Revenue less expensesPrior year $116,691$47,071
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 $663,230 across 4 lines filed
Lines not itemized here account for $9,670 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$641,823
VIII-1h Total contributions, gifts and grants$641,823
VIII-3 Investment incomeExcluded from tax $11,737$11,737
VIII-12 Total revenueRelated to mission $9,670 · Excluded from tax $11,737$663,230
Part IX · Statement of functional expenses $616,159 across 18 lines filed
IX-1 Grants to domestic organizationsPrograms $7,500$7,500
IX-2 Grants to domestic individualsPrograms $5,000$5,000
IX-5 Pay of current officers, directors and key staffPrograms $33,861 · Management $17,074 · Fundraising $4,880$55,815
IX-7 Other salaries and wagesPrograms $56,970 · Management $28,727 · Fundraising $8,210$93,907
IX-8 Pension plan contributionsPrograms $1,284 · Management $648 · Fundraising $185$2,117
IX-9 Other employee benefitsPrograms $4,311 · Management $2,020 · Fundraising $419$6,750
IX-10 Payroll taxesPrograms $8,015 · Management $4,042 · Fundraising $1,155$13,212
IX-11c Accounting feesManagement $19,495$19,495
IX-11g Other fees for servicesPrograms $61,784 · Fundraising $3,700$65,484
IX-12 Advertising and promotionPrograms $12,615 · Fundraising $168$12,783
IX-13 Office expensesPrograms $7,348 · Management $6,313 · Fundraising $810$14,471
IX-14 Information technologyPrograms $984 · Management $1,012$1,996
IX-16 OccupancyPrograms $28,426$28,426
IX-20 InterestManagement $4,487$4,487
IX-22 Depreciation, depletion and amortizationManagement $8,274$8,274
IX-23 InsurancePrograms $2,478 · Management $4,365$6,843
IX-24 Other expenses (24a–d)Programs $240,704 · Management $6,698 · Fundraising $3,166$250,568
IX-24e All other expensesPrograms $13,090 · Management $4,814 · Fundraising $1,127$19,031
IX-25 Total functional expensesPrograms $484,370 · Management $107,969 · Fundraising $23,820$616,159
Part X · Balance sheet $785,373 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $93,429$95,764
X-2 Savings and temporary cash investmentsStart of year $579,659$633,227
X-8 Inventories for sale or useStart of year $28,412$31,123
X-9 Prepaid expenses and deferred chargesStart of year $2,474$2,474
X-10c Land, buildings and equipment, netStart of year $26,501$18,274
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 $734,986$785,373
X-17 Accounts payable and accrued expensesStart of year $12,069$15,385
X-26 Total liabilitiesStart of year $161,969$165,285
X-27 Net assets without donor restrictionsStart of year $482,228$537,006
X-28 Net assets with donor restrictionsStart of year $90,789$83,082
X-32 Total net assets or fund balancesStart of year $573,017$620,088
X-33 Total liabilities and net assetsStart of year $734,986$785,373
Part XI · Reconciliation of net assets $620,088 net assets at year end
XI-1 Total revenue$663,230
XI-2 Total expenses$616,159
XI-3 Revenue less expenses$47,071
XI-4 Net assets at start of year$573,017
XI-10 Net assets at end of year$620,088

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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