ANGARI FOUNDATION INC
Mission Statement
ANGARI Foundation is dedicated to creating a global community that is interested, knowledgeable and invested in marine and environmental sciences by directly supporting research initiatives that foster a greater trust and dialogue between scientists and the public. The Foundation uses innovative technology, film and other media to raise awareness and strengthen science education. To achieve our mission, we specifically: - provide an exceptional research and education platform onboard our research vessel ANGARI, which is offered to scientists, educators and filmmakers at minimal costs - promote scientists and their ongoing research using the Foundation’s resources, including social media, website, press and film - develop standards-driven curriculum by working with professional educators and expert scientists to unite lessons in the classroom with scientific methodology in the field - increase community engagement by publicly sharing expeditions and scientific findings and offering enriching opportunities to explore the marine world
Financial Overview — FY 2024
Compared with Peers
FY 2024| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
65.2% | 90.2% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
45.2 mo | 95.2 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
1.0% | 0.0% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
80.2% | 90.4% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
90.7% | 18.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
7.2% | 6.7% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
26.4% | 1.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $1.2M | $906K | $3.4M | 65.2% | — |
| 2023 | $646K | $846K | $3.1M | 56.3% | — |
| 2022 | $513K | $718K | $3.3M | 61.0% | — |
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