GOLD2023

Oyster Recovery Partnership

Annapolis, MD   |  www.oysterrecovery.org
GuideStar Charity Check

Oyster Recovery Partnership

EIN: 23-7204806


Mission

Lead the conservation of the native oyster in the Chesapeake Bay and beyond, through oyster restoration, shell recycling conservation, and sustainable fishery practices.

Ruling year info

1972

Principal Officer

Ward Slacum

Main address

1805A Virginia Street

Annapolis, MD 21401 USA

Show more contact info

Formerly known as

Chesapeake Appreciation, Inc.

EIN

23-7204806

Subject area info

Natural resources

Aquatic wildlife protection

Agriculture, fishing and forestry

Community and economic development

Population served info

Children and youth

Adults

NTEE code info

Natural Resource Conservation and Protection (C30)

Management & Technical Assistance (K02)

Alliance/Advocacy Organizations (S01)

What we aim to solve

SOURCE: Self-reported by organization

ORP is working to restorer the Chesapeake Bay's native oyster population through buidling sanctuary reefs, rebuilding public fishery reefs, supporting oyster aquaculture, shell recycling, and hand-on volunteering and events.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Oyster Restoration

ORP is involved in collaborative oyster restoration projects throughout the Chesapeake Bay. Since ORP was founded in 1994, we have planted more than 10 billion oysters on 3,000 acres of oyster reefs and recycled over 280,000 bushels of shell to provide homes for new oysters. We work with scientists to learn better ways to grow oysters and restore oyster reefs and work with lawmakers and regulators to help teach them to explore new ways to support oyster restoration.

Population(s) Served
Adults
Children and youth

The Oyster Recovery Partnership developed the Shell Recycling Alliance (SRA) to save natural oyster shell, the best material on which to raise new oyster and restore oyster reefs, from ending up in landfills. SRA partners with over 250 restaurants, caterers and seafood wholesalers to help restore the Chesapeake Bay’s oyster habitat by recycling their used shell.

Population(s) Served
Children and youth
Adults

The Oyster Recovery Partnership and its partners offer a variety of programs and services to assist shellfish leaseholders in producing, managing and promoting their oyster farms and leases. Since the programs began, we have assisted more than 60 growers with their oyster farming programs.

ORP conducts pilot programs to better manage and grow the local seafood industry. We co-developed the Blue Crab and Striped Bass Harvest e-Reporting Pilot Projects that are helping establish a more efficient catch reporting and hailing system for the commercial fishing industry. ORP is also conducting a program with Maryland watermen to assist them in identifying new ways to introduce and sell their oysters and seafood to the public.

Population(s) Served
Adults
Children and youth

ORP is dedicated to educating and informing the public in the Chesapeake Bay region about the importance of the oyster and to supporting other area organizations also working to protect the bay’s health. We partner with businesses to promote the economic value of oysters and oyster shell recycling. We educate the public in their role in preserving and restoring oysters and sourcing local, sustainable seafood.

Population(s) Served
Adults
Children and youth

Where we work

Awards

Exemplary Ecosystem Initiative 2009

Federal Highway Administration

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Number of released animals

This metric is no longer tracked.
Totals By Year
Related Program

Oyster Restoration

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

ORP plants the native oyster, Crassostrea virginica, back into the Chesapeake Bay.

Goals & Strategy

SOURCE: Self-reported by organization

Financials

Oyster Recovery Partnership
Fiscal year: Jan 01 - Dec 31
Financial documents
2022 2022 Audited Financial Statements 2021 2021 and 2020 Audited Financial Statements 2010 A-133
done  Yes, financials were audited by an independent accountant. info

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990

2.56

Average of 3.05 over 10 years

Months of cash in 2022 info

SOURCE: IRS Form 990

0.3

Average of 2.1 over 10 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

29%

Average of 31% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Oyster Recovery Partnership

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

Oyster Recovery Partnership

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

Oyster Recovery Partnership

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of Oyster Recovery Partnership’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Business model indicators

Profitability info 2018 2019 2020 2021 2022
Unrestricted surplus (deficit) before depreciation $70,517 $119,234 $394,424 $17,547 -$142,756
As % of expenses 1.1% 1.9% 7.0% 0.3% -2.1%
Unrestricted surplus (deficit) after depreciation $70,517 $119,234 $394,424 $17,547 -$142,756
As % of expenses 1.1% 1.9% 7.0% 0.3% -2.1%
Revenue composition info
Total revenue (unrestricted & restricted) $6,352,334 $6,233,568 $6,018,269 $6,281,689 $6,929,869
Total revenue, % change over prior year -13.6% -1.9% -3.5% 4.4% 10.3%
Program services revenue 7.6% 2.0% 1.7% 1.9% 1.5%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 0.0% 0.2% 0.1% 0.4% 0.2%
Government grants 78.3% 87.6% 85.1% 83.8% 89.8%
All other grants and contributions 14.1% 10.2% 13.0% 13.9% 7.9%
Other revenue 0.0% 0.0% 0.1% 0.0% 0.5%
Expense composition info
Total expenses before depreciation $6,256,450 $6,185,349 $5,659,634 $6,305,900 $6,951,540
Total expenses, % change over prior year -14.3% -1.1% -8.5% 11.4% 10.2%
Personnel 27.5% 29.6% 29.3% 26.8% 25.1%
Professional fees 62.2% 59.7% 62.1% 65.6% 62.6%
Occupancy 1.6% 1.7% 1.8% 1.8% 1.6%
Interest 0.0% 0.0% 0.0% 0.0% 0.0%
Pass-through 0.0% 0.0% 0.0% 0.0% 0.0%
All other expenses 8.7% 9.0% 6.7% 5.8% 10.6%
Full cost components (estimated) info 2018 2019 2020 2021 2022
Total expenses (after depreciation) $6,256,450 $6,185,349 $5,659,634 $6,305,900 $6,951,540
One month of savings $521,371 $515,446 $471,636 $525,492 $579,295
Debt principal payment $0 $0 $0 $0 $0
Fixed asset additions $0 $0 $0 $0 $0
Total full costs (estimated) $6,777,821 $6,700,795 $6,131,270 $6,831,392 $7,530,835

Capital structure indicators

Liquidity info 2018 2019 2020 2021 2022
Months of cash 1.8 1.5 1.3 0.7 0.3
Months of cash and investments 2.8 2.6 2.6 2.0 1.3
Months of estimated liquid unrestricted net assets 2.4 2.6 3.7 3.4 2.8
Balance sheet composition info 2018 2019 2020 2021 2022
Cash $952,401 $752,566 $622,024 $355,004 $160,434
Investments $504,272 $569,933 $616,290 $678,248 $606,930
Receivables $295,264 $261,392 $916,535 $1,043,940 $1,153,988
Gross land, buildings, equipment (LBE) $106,911 $106,911 $106,911 $106,911 $106,911
Accumulated depreciation (as a % of LBE) 100.0% 100.0% 100.0% 100.0% 100.0%
Liabilities (as a % of assets) 29.6% 14.7% 19.0% 15.1% 15.6%
Unrestricted net assets $1,232,594 $1,351,828 $1,746,252 $1,763,799 $1,621,043
Temporarily restricted net assets $0 N/A N/A N/A N/A
Permanently restricted net assets $0 N/A N/A N/A N/A
Total restricted net assets $0 $0 $0 $0 $0
Total net assets $1,232,594 $1,351,828 $1,746,252 $1,763,799 $1,621,043

Key data checks

Key data checks info 2018 2019 2020 2021 2022
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Form 1023/1024 is not available for this organization

Principal Officer

Ward Slacum

Ward is responsible for activities within ORP’s core programs in Oyster Restoration, Shell Reclamation, Oyster Aquaculture and Fisheries. Ward has a broad background in marine and estuarine science and has been supporting Bay restoration for the past 20 years through research and cooperative programs with Bay watermen. Prior to joining ORP he was the manager of Versar’s Coastal and Marine Assessment Program. He earned a Master’s degree in Fisheries Science from the University of Maryland MEES Program and a bachelor degree in Environmental Science from the UMD Eastern Shore campus. Ward was born on the Eastern Shore and lives in Stevensville. In his free time, he enjoys being outdoors gardening, boating, fishing, and making furniture in the woodshop.

Number of employees

Source: IRS Form 990

Oyster Recovery Partnership

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

Oyster Recovery Partnership

Board of directors
as of 08/29/2023
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Tighe Merkert

Marriner Marketing

Term: 2017 - 2025

Ed Rich

Northrop Grumman Corporation

Russell Dize

Maryland Watermen's Association

Jim Perdue

Perdue Farms Inc

Bill Sieling

Chesapeake Bay Seafood Industries Association

Scott Budden

Orchard Point Oyster Co.

Bill Coney

Legacy Reef Foundation

Mike Eckhart

Retired

Bill Gibbons-Fly

American Tunaboat Association

Harold Graul

Graul's Markets

Jeff Harrison

Waterman

James King

Titan Hospitality

Tom Kountz

McCormick

Katie Matthews

Oceana

Maxine Phillips

Phillips Seafood

Billy Rice

Waterman

Jason Ruth

Harris Seafood

Ben Savage

Flying Dog

Russell Smith, III

Consultant

Russ Stevenson

Retired

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? No
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? No
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? No
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? No
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? No

Organizational demographics

SOURCE: Self-reported; last updated 2/13/2023

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Male
Sexual orientation
Decline to state
Disability status
Decline to state

Race & ethnicity

No data

Gender identity

No data

Transgender Identity

No data

Sexual orientation

No data

Disability

No data

Contractors

Fiscal year ending
There are no fundraisers recorded for this organization.