GOLD2024

Karen Beasley Sea Turtle Rescue and Rehabilitation Center

Surf City, NC   |  https://www.seaturtlehospital.org
GuideStar Charity Check

Karen Beasley Sea Turtle Rescue and Rehabilitation Center

EIN: 56-1967579


Mission

The Karen Beasley Sea Turtle Rescue and Rehabilitation Center: ~ conserves and protects all species of marine turtles both in the water and on the beach; ~ rescues, rehabilitates, and releases sick and injured sea turtles; ~ informs and educates the public regarding the plight of all sea turtles and the threat of their extinction; and ~ provides an experiential learning site for students of biology, wildlife conservation, and/or veterinary medicine from around the world.

Ruling year info

1998

Executive Director

Ms. Kathy Ann Zagzebski

Main address

PO Box 2095

Surf City, NC 28445 USA

Show more contact info

EIN

56-1967579

Subject area info

Aquatic wildlife protection

Wildlife rehabilitation

Wildlife sanctuaries

Animal rescue and rehabilitation

Veterinary medicine

Show more subject areas

Population served info

Age groups

Sexual identity

Family relationships

Ethnic and racial groups

Social and economic status

NTEE code info

Wildlife Preservation/Protection (D30)

Programs and results

What we aim to solve

This profile needs more info.

If it is your nonprofit, add a problem overview.

Login and update

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?

Topsail Turtle Project

The Topsail Turtle Project surveys the 26 miles of beach on Topsail Island between May 1 and August 31 to search for sea turtle tracks. Once tracks are found, volunteers mark the location of the nest, install protective barriers and signage, and record data about the nest’s location, the species that laid the nest, and other information. When it’s time for nests to hatch, volunteers build a ramp from the nest to the water to smooth the way and monitor the nest in the evenings to help the sea turtle hatchlings make their way safely to the ocean. Three days after each nest hatches, volunteers excavate and analyze the nest to collect data. TTP volunteers also educate the public about sea turtles, nesting, and conservation.

Population(s) Served

Where we work

Awards

Coastal Entrepreneur of the Year - Nonprofit 2022

Greater Wilmington Business Journal & UNCW Center for Innovation and Entrepreneurship

Affiliations & memberships

Sea Turtle Stranding and Salvage Network 1998

Financials

Karen Beasley Sea Turtle Rescue and Rehabilitation Center
Fiscal year: Jan 01 - Dec 31

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

158.99

Average of 840.36 over 10 years

Months of cash in 2022 info

SOURCE: IRS Form 990

26.3

Average of 71 over 10 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

8%

Average of 3% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Karen Beasley Sea Turtle Rescue and Rehabilitation Center

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

Karen Beasley Sea Turtle Rescue and Rehabilitation Center

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

Karen Beasley Sea Turtle Rescue and Rehabilitation Center

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of Karen Beasley Sea Turtle Rescue and Rehabilitation Center’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 $623,462 $462,859 -$42,351 -$564,625 -$544,419
As % of expenses 229.8% 149.2% -11.7% -142.7% -104.2%
Unrestricted surplus (deficit) after depreciation $562,504 $394,967 -$118,010 -$635,743 -$618,525
As % of expenses 169.3% 104.4% -27.0% -136.2% -103.7%
Revenue composition info
Total revenue (unrestricted & restricted) $894,763 $773,124 $329,633 $1,159,782 $1,258,765
Total revenue, % change over prior year 27.9% -13.6% -57.4% 251.8% 8.5%
Program services revenue 0.0% 0.0% 0.0% 0.0% 0.0%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 0.3% 0.6% 1.3% 0.3% 1.2%
Government grants 0.0% 0.0% 0.0% 0.0% 0.0%
All other grants and contributions 63.4% 78.6% 84.9% 70.8% 82.3%
Other revenue 36.3% 20.8% 13.8% 28.9% 16.4%
Expense composition info
Total expenses before depreciation $271,301 $310,265 $360,708 $395,763 $522,350
Total expenses, % change over prior year -15.0% 14.4% 16.3% 9.7% 32.0%
Personnel 9.7% 8.3% 8.2% 27.6% 32.2%
Professional fees 2.6% 2.4% 4.7% 3.8% 4.6%
Occupancy 2.7% 0.0% 0.0% 0.0% 0.0%
Interest 0.0% 0.0% 0.0% 0.0% 0.0%
Pass-through 4.1% 3.5% 2.8% 2.5% 2.9%
All other expenses 80.9% 85.8% 84.3% 66.0% 60.3%
Full cost components (estimated) info 2018 2019 2020 2021 2022
Total expenses (after depreciation) $332,259 $378,157 $436,367 $466,881 $596,456
One month of savings $22,608 $25,855 $30,059 $32,980 $43,529
Debt principal payment $0 $0 $0 $0 $0
Fixed asset additions $0 $541,675 $0 $0 $207,530
Total full costs (estimated) $354,867 $945,687 $466,426 $499,861 $847,515

Capital structure indicators

Liquidity info 2018 2019 2020 2021 2022
Months of cash 104.7 100.3 83.0 101.6 26.3
Months of cash and investments 106.4 101.9 84.3 102.9 90.1
Months of estimated liquid unrestricted net assets 71.4 59.4 49.7 29.6 5.2
Balance sheet composition info 2018 2019 2020 2021 2022
Cash $2,368,040 $2,592,749 $2,493,645 $3,350,650 $1,144,801
Investments $37,052 $41,100 $40,071 $42,472 $2,777,447
Receivables $0 $0 $0 $0 $0
Gross land, buildings, equipment (LBE) $2,211,892 $2,753,567 $2,753,567 $2,704,481 $2,912,011
Accumulated depreciation (as a % of LBE) 15.7% 15.1% 17.8% 20.8% 21.8%
Liabilities (as a % of assets) 0.1% 0.0% 0.2% 0.5% 0.4%
Unrestricted net assets $3,479,146 $3,874,113 $3,756,103 $3,120,360 $2,501,835
Temporarily restricted net assets $1,198,773 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 $1,198,773 $1,198,787 $1,210,063 $2,538,707 $3,819,541
Total net assets $4,677,919 $5,072,900 $4,966,166 $5,659,067 $6,321,376

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

Executive Director

Ms. Kathy Ann Zagzebski

Kathy is the Executive Director of the Karen Beasley Sea Turtle Rescue and Rehabilitation Center in Surf City, North Carolina. Previously, she served as President and Executive Director of the National Marine Life Center in Massachusetts, Stranding Department Manater at The Marine Mammal Center in California, and Program Manager at the Georgia Coastal Management Program. Kathy has volunteered for a variety of marine mammal projects in California, Hawaii, North Carolina, Georgia, and Massachusetts. She graduated magna cum laude from Augustana College, and received her master’s degree from Duke University.

Number of employees

Source: IRS Form 990

Karen Beasley Sea Turtle Rescue and Rehabilitation Center

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.

Karen Beasley Sea Turtle Rescue and Rehabilitation Center

Board of directors
as of 02/01/2024
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Mrs. Karen Sota

retired

Judy Ferrier

Terry A. Meyer

KBSTRRC

Dr. Craig A. Harms

NC State University College of Veterinary Medicine

Todd Crawford

ProSol

Phil Sharpe

Studsvik Scandpower

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 ? Yes
  • 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? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • 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 2/1/2024

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
Female, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

Gender identity

Transgender Identity

Sexual orientation

No data

Disability

No data

Equity strategies

Last updated: 02/01/2024

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

Policies and processes
  • We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
  • We have community representation at the board level, either on the board itself or through a community advisory board.