RPM NAUTICAL FOUNDATION: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
RPM NAUTICAL FOUNDATION (EIN 52-2253745)
Tax period
2022-10-01 to 2023-09-30
Filed
2024-02-15
IRS object ID
202400479349301405
Schema version
2022v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-02-15T18:54:35-05:00ReturnTs
Tax Period End2023-09-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CHARLES WEITZEL CPABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line16810 FRONT STREETAddressLine1Txt
CityKey WestCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33040ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-10-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN522253745EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1RPM NAUTICAL FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlRPMNBusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11111 12 STREET SUITE 404AddressLine1Txt
CityKey WestCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33040ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCHARLES WEITZEL CPAPersonNm
Person TitleCPAPersonTitleTxt
Phone3053044217PhoneNum
Signature2023-03-10SignatureDt
Discuss With Paid PreparerfalseDiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstCHARLESPersonFirstNm
Person LastWEITZELPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCHARLES WEITZEL CPAPreparerPersonNm
PTINP01459897PTIN
Phone3053044217PhoneNum
Preparation2024-02-15PreparationDt
Self EmployedYes (X)SelfEmployedInd

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer0TrustedCustomerCd
OOB Security Verification00OOBSecurityVerificationCd
Authentication Assurance LevelAAL2AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMICHAEL BLADES MANAGERPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11111 12 STREET SUITE 404AddressLine1Txt
CityKEY WESTCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33040ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,843,240GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2000FormationYr
Legal Domicile StateFLLegalDomicileStateCd
Activity Or MissionTO SUPPORT INSTITUTIONS ENGAGED IN THE SCIENTIFIC IDENTIFICATION, RECOVERY, CONSERVATION AND STUDY OF UNDERWATER ARCHAEOLOGICAL AND HISTORICAL SITESActivityOrMissionDesc
Voting Members Governing Body6VotingMembersGoverningBodyCnt
Voting Members Independent6VotingMembersIndependentCnt
Total Employee3TotalEmployeeCnt
Total Volunteers25TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$612,840PYProgramServiceRevenueAmt
CY Program Service Revenue$1,183,238CYProgramServiceRevenueAmt
PY Investment Income$660,010PYInvestmentIncomeAmt
CY Investment Income$660,002CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$1,272,850PYTotalRevenueAmt
CY Total Revenue$1,843,240CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$319,103PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$309,277CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$927,156PYOtherExpensesAmt
CY Other Expenses$1,820,510CYOtherExpensesAmt
PY Total Expenses$1,246,259PYTotalExpensesAmt
CY Total Expenses$2,129,787CYTotalExpensesAmt
PY Revenues Less Expenses$26,591PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$286,547CYRevenuesLessExpensesAmt
Total Assets BOY$7,096,167TotalAssetsBOYAmt
Total Assets EOY$6,636,598TotalAssetsEOYAmt
Total Liabilities BOY$498,770TotalLiabilitiesBOYAmt
Total Liabilities EOY$325,748TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$6,597,397NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$6,310,850NetAssetsOrFundBalancesEOYAmt
MissionTO SUPPORT INSTITUTIONS ENGAGED IN THE SCIENTIFIC IDENTIFICATION, RECOVERY, CONSERVATION AND STUDY OF UNDERWATER ARCHAEOLOGICAL AND HISTORICAL SITESMissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$2,129,787ExpenseAmt
Revenue$1,183,238RevenueAmt
DescTO SUPPORT INSTITUTIONS ENGAGED IN THE SCIENTIFIC IDENTIFICATION, RECOVERY, CONSERVATION AND STUDY OF UNDERWATER ARCHAEOLOGICAL AND HISTORICAL SITESDesc
Total Program Service Expenses$2,129,787TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee3EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Form8899 FiledindfalseForm8899Filedind
Form1098 C FiledfalseForm1098CFiledInd
DAF Excess Business HoldingsfalseDAFExcessBusinessHoldingsInd
Taxable DistributionsfalseTaxableDistributionsInd
Distribution To DonorfalseDistributionToDonorInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members6GoverningBodyVotingMembersCnt
Independent Voting Member6IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyfalseConflictOfInterestPolicyInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldFLStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonCharles Weitzel CPAPersonNm
Phone3053044217PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line16810 Front StreetAddressLine1Txt
CityKey WestCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33040ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp

FieldValueIRS element (for citing)
PersonMICHAEL BLADESPersonNm
TitleDIRECTORTitleTxt
Average Hours Per Week40.00AverageHoursPerWeekRt
Average Hours Per Week Rltd Org0.00AverageHoursPerWeekRltdOrgRt
Individual Trustee Or DirectorYes (X)IndividualTrusteeOrDirectorInd
OfficerYes (X)OfficerInd
Reportable Comp From Org$93,560ReportableCompFromOrgAmt
Reportable Comp From Rltd Org$0ReportableCompFromRltdOrgAmt
Other Compensation$0OtherCompensationAmt
FieldValueIRS element (for citing)
Total Reportable Comp From Org$93,560TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescPROGRAM SERVICE REVENUEDesc
Business541700BusinessCd
Total Revenue Column$1,183,238TotalRevenueColumnAmt
Related Or Exempt Func Income$1,183,238RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$1,183,238TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$660,002TotalRevenueColumnAmt
Related Or Exempt Func Income$660,002RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,843,240TotalRevenueColumnAmt
Related Or Exempt Func Income$1,843,240RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$309,277TotalAmt
Program Services$309,277ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$32,451TotalAmt
Program Services$32,451ProgramServicesAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$137TotalAmt
Program Services$137ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$32,603TotalAmt
Program Services$32,603ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$43,952TotalAmt
Program Services$43,952ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$35,606TotalAmt
Program Services$35,606ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$29,335TotalAmt
Program Services$29,335ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$19,835TotalAmt
Program Services$19,835ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$142,403TotalAmt
Program Services$142,403ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
BANK FEES$10,218$10,218
CONTRACT LABOR$28,340$28,340
HERCULES$1,437,069$1,437,069
REPAIRS AND MAINTENANCE$888$888

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$7,673TotalAmt
Program Services$7,673ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,129,787TotalAmt
Program Services$2,129,787ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$164,928BOYAmt
EOY$177,662EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$6,442BOYAmt
EOY$27,070EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$6,784,809BOYAmt
EOY$6,230,000EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$9,356,575LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$9,282,319LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$106,071BOYAmt
EOY$74,256EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$33,917BOYAmt
EOY$127,610EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$7,096,167BOYAmt
EOY$6,636,598EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$3,060BOYAmt
EOY$3,044EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$495,710BOYAmt
EOY$322,704EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$498,770BOYAmt
EOY$325,748EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$6,597,397BOYAmt
EOY$6,310,850EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$6,597,397BOYAmt
EOY$6,310,850EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$7,096,167BOYAmt
EOY$6,636,598EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$286,547ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind
Public Support Total509$0PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$660,010CurrentTaxYearMinus1YearAmt
Current Tax Year$660,002CurrentTaxYearAmt
Total$1,320,012TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$660,010CurrentTaxYearMinus1YearAmt
Current Tax Year$660,002CurrentTaxYearAmt
Total$1,320,012TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$660,010CurrentTaxYearMinus1YearAmt
Current Tax Year$660,002CurrentTaxYearAmt
Total$1,320,012TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.00000PublicSupportCY509Pct
Public Support PY5090.02790PublicSupportPY509Pct
Investment Income CY1.00000InvestmentIncomeCYPct
Investment Income PY0.97000InvestmentIncomePYPct
Private Foundation509Yes (X)PrivateFoundation509Ind

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$9,356,575InvestmentCostOrOtherBasisAmt
Depreciation$9,282,319DepreciationAmt
Book Value$74,256BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$74,256TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp

FieldValueIRS element (for citing)
Descother assetsDesc
Book Value$127,610BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Other Assets$127,610TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDescAmtAmt
LOAN GER$62,793
SCALES$125,566
LOAN PAYABLE REMCO$134,345
FieldValueIRS element (for citing)
Total Liability$322,704TotalLiabilityAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990 governing body review Part VI line 11No review was conducted or will be conducted.
Governing documents etc available to public Part VI line 19No documents available to the public.

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.