Science & Technology
(U210)
990 on File
MARINE RESOURCES DEVELOPMENT FOUNDATION
Financial strength (30%)
54/100
Reliability (20%)
55/100
Effectiveness (25%)
58/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$6.7M
Total Revenue
$11.3M
Total Expenses
$18.5M
Net Assets
53
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
19.4%
Fundraising Efficiency
N/A
Operating Reserve
19.65x
Liability-to-Asset
33.5%
Revenue Diversification
59.4%
Executive Compensation
$170K
Compared with Peers
FY 2024
Compared with 98 similar organizations
(United States, Science & Technology, $10M–$100M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
19.4% | 82.4% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
5.7% | 14.3% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
74.9% | 0.1% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
19.7 mo | 16.4 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
33.5% | 21.2% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
59.4% | 85.6% |
P10P90
|
Top quarter |
|
Surplus margin
Surplus as a share of revenue
|
-67.6% | 0.0% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $6.7M | $11.3M | $18.5M | 19.4% | 53 |
| 2022 | $26.7M | $7.8M | $28.1M | 19.2% | 54 |
| 2021 | $9.0M | $20.6M | $9.3M | 5.1% | 45 |
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