Charity Search / FOUNDATION FOR MARINE ECOLOGY AND TELEMETRY RESEARCH
Science & Technology (U21) 990 on File

FOUNDATION FOR MARINE ECOLOGY AND TELEMETRY RESEARCH

EIN: 81-1023070 · SEABECK, WA 98380-4513 · United States · FY 2024 Data
3 out of 5 53 / 100 Based on 2+ years of filings
Financial strength (30%) 75/100
Reliability (20%) 50/100
Effectiveness (25%) 81/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$1.9M
Total Revenue
$1.9M
Total Expenses
$379K
Net Assets
9
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 82.9%
Fundraising Efficiency N/A
Operating Reserve 2.35x
Liability-to-Asset 67.4%
Revenue Diversification 98.7%
Executive Compensation $224K
Compared with Peers
FY 2024
Compared with 333 similar organizations (United States, Science & Technology, $1M–$10M 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
82.9% 83.7%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
17.1% 13.5%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
2.4 mo 9.0 mo
P10P90
Bottom quarter
Liabilities to assets
Total liabilities / total assets · lower is better
67.4% 14.5%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
98.7% 91.7%
P10P90
Bottom quarter
Revenue growth
Year over year revenue growth
13.8% 11.0%
P10P90
Expense growth
Year over year expense growth
22.3% 8.4%
P10P90
Surplus margin
Surplus as a share of revenue
-0.2% 1.4%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $1.9M $1.9M $379K 82.9% 9
2023 $1.7M $1.6M $384K 78.3% 11
2022 $1.7M $1.7M $270K 76.0% 11
2021 $1.9M $1.6M N/A 11
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Organization Details
EIN
81-1023070
State
WA
City
SEABECK
ZIP
98380-4513
Classification
U21
Category
Science & Technology
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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