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Florida · Nonprofit

TAMPA BAY WATCH INC

TAMPA BAY WATCH INC (Florida) receives grants from 80 organizations whose IRS filings report $7,534,717 to it, the largest being MILKEY FAMILY FOUNDATION INC ($1,140,858). 53 of them have funded it in more than one year.

Revenue FY2025
$5.0M
Funders on record
80
Grants received
$7.5M
Net assets
$7.9M
53/80 repeat funderspeak grant-dependency 40%
01What it does

What Tampa Bay Watch Inc does

Mission

Tampa bay watch is dedicated to fostering a healthy tampa bay watershed through community-driven restoration projects, education programs, and outreach initiatives.

As stated on its FY2025 Form 990.

Program

  1. In 2025, 3,229 volunteers participated in hands-on habitat restoration projects such as oyster reef ball construction, oyster shell bar installation, coastal cleanups, native plantings, and fishing line recycling. The restoration department successfully recycled 102,282 pounds of oyster shell from local partner restaurants. This recycled shell is used to create oyster reefs and vertical oyster gardens which restore lost habitat, prevent erosion, and improve water quality. The education team engaged 10,172 local students through 699 onsite and traveling marine science school field trips. The discovery centers eco vessel education 9,132 people through educational eco tours. Earth night, tarpon rodeo, and evening for the bay were successful in raising funds to support our mission to restore and protect the tampa bay watershed.

    $3,300,146 spent$822,704 earned by the program
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $3,300,146.

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 ($2.7M) Expenses 100 ($1.7M) Net assets 100 ($5.9M)2020 Revenue 116 ($3.1M) Expenses 122 ($2.1M) Net assets 117 ($6.9M)2021 Revenue 109 ($2.9M) Expenses 152 ($2.6M) Net assets 122 ($7.2M)2022 Revenue 114 ($3.0M) Expenses 191 ($3.2M) Net assets 115 ($6.8M)2023 Revenue 137 ($3.6M) Expenses 225 ($3.8M) Net assets 114 ($6.8M)2024 Revenue 162 ($4.3M) Expenses 243 ($4.1M) Net assets 119 ($7.0M)2025 Revenue 188 ($5.0M) Expenses 249 ($4.2M) Net assets 134 ($7.9M)
2019202020212022202320242025
Revenue (188)Expenses (249)Net assets (134)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 $7.4M to $8.4M (+13%).

$6.4M
$7.1M
$7.5M
$7.1M
$7.1M
$7.4M
$8.4M
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: 2019 8% · 2021 8% · 2022 4% · 2023 16% · 2024 9% · 2025 8%. Grants only. Government contracts and fees sit inside program revenue.

76% of TAMPA BAY WATCH INC’s revenue is contributions — about as donation-reliant as the typical peer (88% for the typical peer).

This organization
Typical peer · 2,303 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 7 reported years ran a deficit.

$958k
’19
$1.0M
’20
$305k
’21
−$215k
’22
−$202k
’23
$182k
’24
$774k
’25
6.5
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

Dwayne Virgint

CEO

Board chair

Chip Webster

Chair

As listed on its FY2025 Form 990.

2019202020212022202320242025
Listed891414141412
Joined·+4+5+2+0+1+0
No longer listed·302012
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 9 funders to 40 funders, grant income rose $308k → $861k.

17 of 80 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 25% 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 TAMPA BAY WATCH INC’s funders (the co-funder graph). Top 30 of 80 funders by total. 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

TAMPA BAY WATCH INC has a broad base — no single funder exceeds 15% of grant income, and it takes 5 funders to reach half.

the vertical line marks half of all grant income — 5 funders to its left

40% 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 TAMPA BAY WATCH INC.

15%
largest funder
37%
top three
~14
effective funders

Largest funder’s share by year: 2017 49% · 2018 57% · 2019 25% · 2020 31% · 2021 23% · 2022 34% · 2023 16% — 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.

How long its funders stay

64% of TAMPA BAY WATCH INC's funders are still giving 3 years after their first grant; 66% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

78% of TAMPA BAY WATCH INC's grant income comes from Florida funders.

WI
MI
NY
MA
OH
NJ
CT
CA
NE
MO
VA
DE
NC
DC
AL
GA
TX
FL

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

’17
’18
’19
’20
’21
’22
’23
Florida out of state home

Funder states come from each funder’s own filing. $1.9M arriving through sponsors registered in 11 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

TAMPA BAY WATCH INC runs a healthier operating margin than half of the 1,209 environment nonprofits its size.

Operating margin15% · above the median
Months of reserve6.5mo · above the median
Revenue growth (annualized)11% · below the median

this organization peer median middle 50% of peers· 1,209 environment nonprofits $1M–$10M, FY2025

Government funding TAMPA BAY WATCH INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $347k on record — $343k federal, $4k state.

Federal$343k
grants $343kcontracts $0
17
21
22
23
25
Top agencies
  • Department of the Interior$343k
State$4k
21
22
Top programs
  • REFUNDS - GENERAL $4k

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 TAMPA BAY WATCH 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 Florida

Nationally

05Profile & governance

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

Where the money goes

78% of spending goes to programs.

Program 78%Management 11%Fundraising 11%

Governance

10
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

79%

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

Footprint & structure

Files a return copy in 1 state

FL

Screen this organization

A dated, signed PDF of the compliance screen for TAMPA BAY WATCH 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.

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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 TAMPA BAY WATCH INC?
TAMPA BAY WATCH INC (Florida) receives grants from 80 organizations whose IRS filings report $7,534,717 to it, the largest being MILKEY FAMILY FOUNDATION INC ($1,140,858). 53 of them have funded it in more than one year.
How many funders does TAMPA BAY WATCH INC have?
IRS filings report 80 organizations giving $7,534,717 in grants to TAMPA BAY WATCH INC, 53 of which have funded it in more than one year.
Who is the largest funder of TAMPA BAY WATCH INC?
MILKEY FAMILY FOUNDATION INC is the largest funder on record, with $1,140,858 in grants. The full list of funders is on this page.
How can an organization like TAMPA BAY WATCH INC 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 Tampa Bay Watch →

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 80 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