Skip to content

Florida · Nonprofit

MARINE RESOURCES DEVELOPMENT FOUNDATION

MARINE RESOURCES DEVELOPMENT FOUNDATION (Florida) receives grants from 5 organizations whose IRS filings report $165,481 to it, the largest being OCEAN REEF CONSERVATION ASSOCIATION INC ($89,569). 3 of them have funded it in more than one year.

Revenue FY2024
$6.7M
Funders on record
5
Grants received
$165k
Net assets
$19M
3/5 repeat funderspeak grant-dependency 1%
01What it does

What Marine Resources Development Foundation does

Mission

We inspire today's students to become tomorrow's ocean protectors through engaging, hands-on activities, guided field trips, virtual classes, free learning resources, and professional development workshops. Our marinelab undersea laboratory museum invites the public to experience what it was like to live and work in an undersea research station.

As stated on its FY2024 Form 990.

Programs

  1. Our programs introduced 7,000 people to marine science concepts through hands-on labs, discussion activities, citizen science projects, and snorkeling explorations by boat. For many participants, this is their first experience of the ocean. Over 100 teachers, including several from caribbean nations, participated in several professional development workshops. Our curriculum is based on peer-reviewed science. Field experiences have been proven to increase retention of knowledge, plus the students are experiencing nature unplugged in an increasingly plugged-in world. Virtual emarinelab programs include interacting with a live marine science instructor and reached 1800 participants in 2023. Free learning resources are available for teachers and homeschooling families.

    $1,810,658 spent$2,571,576 earned by the program
    100% of program spending
  2. The marinelab undersea laboratory hosted research and educational programs while it was submerged in our lagoon from 1985 - 2018. After it was removed from the water in 2018, it was renovated and turned into an interactive museum, designed to provide an experience that mimics the feeling of being in a working undersea research station.

  3. Marinelab conducts outreach programs through hosting events on site, such as our monthly free family days, and having a presence at local community events. Thousands of people of all ages have learned something new about the ocean this year.

The 3 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $1,810,658.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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 = 20172017 Revenue 100 ($9.7M) Expenses 100 ($9.4M) Net assets 100 ($428k)2018 Revenue 128 ($12M) Expenses 103 ($9.7M) Net assets 6092 ($26M)2019 Revenue 156 ($15M) Expenses 110 ($10M) Net assets 7213 ($31M)2020 Revenue 14 ($1.4M) Expenses 121 ($11M) Net assets 4860 ($21M)2021 Revenue 93 ($9.0M) Expenses 218 ($21M) Net assets 2165 ($9.3M)2022 Revenue 275 ($27M) Expenses 83 ($7.8M) Net assets 6571 ($28M)2023 Revenue 33 ($3.2M) Expenses 107 ($10M) Net assets 5386 ($23M)2024 Revenue 70 ($6.7M) Expenses 120 ($11M) Net assets 4322 ($19M)
'17'18'19'20'21'22'23'24
Revenue (70)Expenses (120)Net assets (4322)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 2017 to 2018, from $12M to $38M (+210%).

$12M
$38M
$45M
$33M
$14M
$36M
$32M
$28M
'17'18'19'20'21'22'23'24
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.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

59% of MARINE RESOURCES DEVELOPMENT FOUNDATION’s revenue is contributions — about as donation-reliant as the typical peer (68% for the typical peer).

This organization
Typical peer · 497 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.

$272k
’17
$2.7M
’18
$4.8M
’19
−$10M
’20
−$12M
’21
$19M
’22
−$6.9M
’23
−$4.6M
’24
0.6
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.

Chief executive

Ginette Hughes

CEO

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed910101010111111
Joined·+1+0+0+0+2+0+0
No longer listed·0000100
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $12k → $24k.

3 of 5 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 14% 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 MARINE RESOURCES DEVELOPMENT FOUNDATION’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

MARINE RESOURCES DEVELOPMENT FOUNDATION leans on a few funders — its largest provides 54% of grant income and the top three 93%; half comes from just 1 funder.

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

100% 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 MARINE RESOURCES DEVELOPMENT FOUNDATION.

54%
largest funder
93%
top three
~2
effective funders

Largest funder’s share by year: 2017 100% · 2018 100% · 2019 100% · 2020 96% · 2021 50% · 2022 96% · 2023 99% — broadly stable.

“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

100% of MARINE RESOURCES DEVELOPMENT FOUNDATION's grant income comes from Florida funders.

FL

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

’18
’19
’20
’21
’22
’23
Florida out of state home

Funder states come from each funder’s own filing. $24k arriving through sponsors registered in 3 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

MARINE RESOURCES DEVELOPMENT FOUNDATION's funding base is broadening — from 1 funders to 2 as grant income climbed.

Operating margin−68% · bottom quartile
Months of reserve0.6mo · bottom quartile
Revenue growth (annualized)−5% · bottom quartile

this organization peer median middle 50% of peers· 482 science & tech nonprofits $1M–$10M, FY2024

Organizations like MARINE RESOURCES DEVELOPMENT FOUNDATION

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 Florida

Nationally

05Profile & governance

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

Where the money goes

19% of spending goes to programs.

Program 19%Management 6%Fundraising 75%

Governance

9
board members
89%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990–Audited financials

Public support

96%

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

Footprint & structure

Files a return copy in 2 states

FL

Screen this organization

A dated, signed PDF of the compliance screen for MARINE RESOURCES DEVELOPMENT FOUNDATION: 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 MARINE RESOURCES DEVELOPMENT FOUNDATION?
MARINE RESOURCES DEVELOPMENT FOUNDATION (Florida) receives grants from 5 organizations whose IRS filings report $165,481 to it, the largest being OCEAN REEF CONSERVATION ASSOCIATION INC ($89,569). 3 of them have funded it in more than one year.
How many funders does MARINE RESOURCES DEVELOPMENT FOUNDATION have?
IRS filings report 5 organizations giving $165,481 in grants to MARINE RESOURCES DEVELOPMENT FOUNDATION, 3 of which have funded it in more than one year.
Who is the largest funder of MARINE RESOURCES DEVELOPMENT FOUNDATION?
OCEAN REEF CONSERVATION ASSOCIATION INC is the largest funder on record, with $89,569 in grants. The full list of funders is on this page.
How can an organization like MARINE RESOURCES DEVELOPMENT FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Florida. 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 Marine Resources Development →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), 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 22, 2026. What this page cannot tell you · view filing