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VI · Nonprofit

CORAL WORLD OCEAN AND REEF INITIATIVE INC

CORAL WORLD OCEAN AND REEF INITIATIVE INC (VI) receives grants from 5 organizations whose IRS filings report $338,539 to it, the largest being Prior Family Foundation ($234,000). 2 of them have funded it in more than one year.

Revenue FY2025
$1.4M
Funders on record
5
Grants received
$339k
Net assets
$32k
2/5 repeat funderspeak grant-dependency 97%
01What it does

What Coral World Ocean and Reef Initiative Inc does

Mission

CWORI is dedicated to conserving marine habitats and wildlife through coral reef restoration, scientific research, wildlife rescue and rehabilitation, and environmental education that promotes stewardship of marine ecosystems.

As stated on its FY2025 Form 990.

Program

  1. Coral World Ocean & Reef Initiative (CWORI) conserves marine habitats and wildlife through coral reef restoration, scientific research, wildlife rescue and rehabilitation, and environmental education. Program activities include coral propagation, genetic preservation, reef restoration, and marine conservation research designed to improve the resilience and long-term sustainability of coral reef ecosystems in the U.S. Virgin Islands. The organization also rescues and rehabilitates marine animals and birds, conducts public outreach and environmental education programs, and provides internships and volunteer opportunities that promote stewardship of marine resources. In furtherance of these educational and conservation objectives, CWORI operates a dive center that offers scuba certification courses, guided ecological dives, snorkeling experiences, and marine education programs that increase public awareness of coral reef conservation and marine ecosystem protection while supporting the organization's conservation initiatives.

    $1,312,150 spent$64,005 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $1,312,150.

02The organization over time

The organization over time

Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20192019 Revenue 100 ($5k) Expenses 0 ($0) Net assets 100 ($5k)2020 Revenue 2900 ($145k) Expenses 100 ($29k) Net assets 2411 ($121k)2021 Revenue 7594 ($380k) Expenses 889 ($262k) Net assets 4766 ($238k)2022 Revenue 7296 ($365k) Expenses 2167 ($638k) Net assets -704 ($-35192)2023 Revenue 12961 ($648k) Expenses 2718 ($800k) Net assets -3752 ($-187601)2024 Revenue 26390 ($1.3M) Expenses 4016 ($1.2M) Net assets 2032 ($102k)2025 Revenue 28387 ($1.4M) Expenses 4856 ($1.4M) Net assets 649 ($32k)
2019202020212022202320242025
Revenue (28387)Expenses (4856)Net assets (649)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $135k to $1.0M (+658%).

$5k
$127k
$315k
$175k
$120k
$135k
$1.0M
2019202020212022202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 68% · 2022 98% · 2023 100% · 2024 82% · 2025 91%. Grants only. Government contracts and fees sit inside program revenue.

94% of CORAL WORLD OCEAN AND REEF INITIATIVE INC’s revenue is contributions — more donation-reliant than the typical peer (88% for the typical peer).

This organization
Typical peer · 2,293 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 7 reported years ran a deficit.

$5k
’19
$116k
’20
$118k
’21
−$274k
’22
−$152k
’23
$137k
’24
−$11k
’25
3.8
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Cornelius B Prior

Chairman secretary director

As listed on its FY2025 Form 990.

2019202020212022202320242025
Listed3444444
Joined·+1+0+0+1+1+1
No longer listed·000111
03Who funds it

Who funds it, year by year

2020 → 2023: the base broadened from 1 funder to 3 funders, grant income fell $140k → $31k.

3 of 5 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 23% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of CORAL WORLD OCEAN AND REEF INITIATIVE INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

CORAL WORLD OCEAN AND REEF INITIATIVE INC leans on a few funders — its largest provides 69% of grant income and the top three 98%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

31% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund CORAL WORLD OCEAN AND REEF INITIATIVE INC.

69%
largest funder
98%
top three
~2
effective funders

Largest funder’s share by year: 2020 100% · 2021 65% · 2022 100% · 2023 83% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

76% of CORAL WORLD OCEAN AND REEF INITIATIVE INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $25k that is directly attributable, 100% of it comes from funders outside VI, across 1 state.

DC

In-state vs out-of-state, by year

’20
’21
’23
VI out of state home

Funder states come from each funder’s own filing. $79k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

CORAL WORLD OCEAN AND REEF INITIATIVE INC has grown faster than three-quarters of the 1,074 environment nonprofits its size.

Operating margin−1% · below the median
Months of reserve3.8mo · below the median
Revenue growth (annualized)156% · top quartile

this organization peer median middle 50% of peers· 1,074 environment nonprofits $1M–$10M, FY2025

Government funding CORAL WORLD OCEAN AND REEF INITIATIVE INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $4.2M on record.

Federal$4.2M
grants $4.2Mcontracts $0
21
23
24
25
Top agencies
  • Department of the Interior$2.9M
  • Department of Commerce$1.3M

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like CORAL WORLD OCEAN AND REEF INITIATIVE INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In VI

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

92% of spending goes to programs.

Program 92%Management 8%Fundraising 0%

Governance

4
board members
25%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

98%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

Part of a family of 2 related entities

  • Prior Family Foundation · exempt
  • Coral World (VI) Inc · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for CORAL WORLD OCEAN AND REEF INITIATIVE INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds CORAL WORLD OCEAN AND REEF INITIATIVE INC?
CORAL WORLD OCEAN AND REEF INITIATIVE INC (VI) receives grants from 5 organizations whose IRS filings report $338,539 to it, the largest being Prior Family Foundation ($234,000). 2 of them have funded it in more than one year.
How many funders does CORAL WORLD OCEAN AND REEF INITIATIVE INC have?
IRS filings report 5 organizations giving $338,539 in grants to CORAL WORLD OCEAN AND REEF INITIATIVE INC, 2 of which have funded it in more than one year.
Who is the largest funder of CORAL WORLD OCEAN AND REEF INITIATIVE INC?
Prior Family Foundation is the largest funder on record, with $234,000 in grants. The full list of funders is on this page.
How can an organization like CORAL WORLD OCEAN AND REEF INITIATIVE INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in VI. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Coral World Ocean and Reef Initiative →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2019–2025), and the filings of 5 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing