2013-10-15T14:33:30-05:00 2012-12-31 651083521 HOLYFIELD & THOMAS LLC 125 BUTLER STREET WEST PALM BEACH FL 33407 990 2012-01-01 592445926 LOGGERHEAD MARINELIFE CENTER INC LOGG 5616278280 14200 US HIGHWAY ONE JUNO BEACH FL 33408 BRIAN WAXMAN 5616278280 2013-09-30 1 DAVID J THOMAS P00002419 5616896000 X 2012 2016-03-07 17:11:31Z BRIAN WAXMAN 14200 US HIGHWAY ONE JUNO BEACH FL 33408 2538411 0 X http://www.marinelife.org/ X 1983 FL To promote conservation of Florida's coastal ecosystems with a special focus on threatened and endangered sea turtles as well as to be recognized locally and internationally as the leading authority in sea turtle education, research and rehabilitation. 22 22 37 300 -1712 -448 1044678 1281661 143795 145203 -233 -7810 426340 540675 1614580 1959729 0 0 0 0 933814 997764 0 0 146472 761028 862414 1694842 1860178 -80262 99551 5639697 5401395 1593220 1258004 4046477 4143391 X To promote conservation of Florida's coastal ecosystems with a special focus on threatened and endangered sea turtles. 0 0 1481439 145203 Launched the Circle of 50 leadership program which recognizes annual fund supporters as stewards of the center; 300 children attended summer camp; Added more programming for example, Science for Seniors, Living Beaches, Hammock Hikes and Mommy and Me classes; Completed the 12th season of the Leatherback Research project; Several new collaborations including Dr. Carmen Colitz, Florida Fish and Wildlife Conservation Commission, International Resources Group, Jupiter Dive Center, MacArthur Beach State Park and Seaworld OTHER ACCOMPLISHMENTS: continued on schedule o.Monitoring of sea turtle activity-Reported over 13K sea turtle nests and 29K sea turtle crawls in 2012.Medical treatment of sea turtles-Treated 75 sea turtles as well as 796 hatchlings.NESTING AREA MAINTENANCE AND UPKEEP-Removed 2,500 pounds of trash from the Juno Beach pier. 1481439 1 1 0 0 0 0 0 1 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 3 0 1 37 1 1 1 0 0 0 0 1 1 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 FL X KATE FRATALIA 5616278280 14200 US HIGHWAY ONE JUNO BEACH FL 33408 brian waxman 1.00 X X 0 0 0 RAYMOND GRAZIOTTO 1.00 X X 0 0 0 Todd hutchison 1.00 X X 0 0 0 Ann miller 1.00 X X 0 0 0 SUSAN JOHNSON 1.00 X 0 0 0 Nancy Dimarco DVM 1.00 X 0 0 0 gordon gray 1.00 X 0 0 0 CARRIE H HANNA 1.00 X 0 0 0 MORRIS G MILLER 1.00 X 0 0 0 KIM KOGER 1.00 X 0 0 0 DAWN HOFFMAN 1.00 X 0 0 0 JAMES MULLEN IV 1.00 X 0 0 0 ELIZABETH NEUHOFF 1.00 X 0 0 0 STEVEN SCROGGS 1.00 X 0 0 0 DEBRA VASILOPOULOS 1.00 X 0 0 0 LYNNE WELLS 1.00 X 0 0 0 JEANETTE WYNEKEN PHD 1.00 X 0 0 0 JACK E LIGHTON 1.00 X 0 0 0 KAREN MARCUS 1.00 X 0 0 0 JOEL PAIGE 1.00 X 0 0 0 MORGAN PONCY MD 1.00 X 0 0 0 DAN JENNINGS 1.00 X 0 0 0 FRANK W HARRIS 0.00 X 0 0 0 GAIL NELSON 0.00 X 0 0 0 EMMY S RAYNE 1.00 X 0 0 0 david MCCLYMONT 60.00 X 60075 0 0 60075 0 0 0 0 0 0 0 152861 296224 832576 38400 1281661 JMB Camp 611600 61461 61461 Field Trips 611600 36745 36745 Birthday Parties 611600 18909 18909 Turtle Walk Income 611600 15702 15702 Public Programs 611600 9836 9836 2550 2550 145203 1965 1965 4367 6079 -1712 -1712 -1712 9775 -9775 -9775 -9775 295442 152861 167319 128123 128123 809773 395509 414264 414264 1959729 145203 -1712 534577 60075 43254 10213 6608 797172 573964 135519 87689 2401 1729 408 264 64381 46354 10945 7082 73735 53089 12535 8111 6494 4676 1104 714 24336 18062 3514 2760 117951 84239 20468 13244 42730 31715 6169 4846 11175 8294 1613 1268 32881 31458 1092 331 72065 68947 2392 726 262991 251335 8984 2672 55592 53187 1845 560 Building Maintenance 58536 56003 1943 590 Turtle Rehabilitation P 38235 38235 Bank/Credit Fees 30812 22185 5238 3389 Beach Survey 27428 27428 81188 67285 8285 5618 1860178 1481439 232267 146472 10705 16001 675177 556196 22940 18123 85233 63707 22195 27028 5778100 1207583 4687721 4570517 135726 149823 5639697 5401395 46045 50973 15000 0 1523866 1198675 8309 8356 1593220 1258004 X 4000397 4004769 36080 128622 10000 10000 4046477 4143391 5639697 5401395 X 99551 -2637 X X 0 1 X 1 0 X 303703 816429 1019658 1044678 1281661 4466129 303703 816429 1019658 1044678 1281661 4466129 68676 4397453 4656 7384 9592 4317 6332 32281 6657 13016 9203 5813 34689 4533099 2364355 0.97010 0.96930 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2000 149823 X 0 10000 355 -185 170 10000 10000 170 170 10000 10000 75 75 10000 0 0 68480 4086123 637078 3517525 1356030 486066 869964 267467 84439 183028 4570517 Sales Tax Payable 4095 Other Current Liabilities 4261 8356 X 2586524 57888 568907 626795 1959729 0 1959729 2489610 57888 568907 626795 1862815 -2637 -2637 1860178 Part III, Line 4: THE COLLECTION IS ON DISPLAY IN THE VISITORS AREA TO ENJOY. IN THE COLLECTION IS THE JONAH PAINTING WHICH WAS DONATED AS A TRIBUTE TO THE EDUCATIONAL TURTLE JONAH. JONAH RESIDED AT LOGGERHEAD FOR THREE YEARS AND WAS EXHIBITED AS AN EDUCATIONAL TURTLE RAISED FROM THE TIME HE WAS A HATCHLING UNTIL HE WAS RELEASED FROM THE CENTER. THE COLLECTION ALSO INCLUDES A FISH TOTEM POLL AND FISH WALL HANGING AND OTHER OBJECTS TO REMIND VISITORS OF MARINE LIFE AND MARINE ENVIRONMENT. A BRONZE SCULPTURE BY CARRADORI AND A MARSH MARK ART PIECE. Description of Uncertain Tax Positions Under FIN 48: Part X, Line 2: The Center is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code and from state income taxes under similar provisions of the Florida Income Tax Code FOR FORM 990. It is not classified as a private foundation. FORM 990-T AND F-1120 ARE SUBJECT TO FEDERAL AND FLORIDA STATE INCOME TAXES. FOR THE CURRENT YEAR NO TAXES ARE OWED. The Center adopted FASB ASC 740-10, Accounting for Uncertainty in Income Taxes. This pronouncement recently became effective and seeks to reduce the diversity in practice associated with certain aspects of measurement and recognition in accounting for income taxes. It prescribes a recognition threshold and measurement attribute for financial statement recognition and measurement of a tax position that an entity takes or expects to take in a tax return. An entity may only recognize or continue to recognize tax positions that meet a "more likely than not" threshold. The Center assesses its income tax positions based on management's evaluation of the facts, circumstances and information available at the reporting date. The Center uses the prescribed more likely than not threshold when making its assessment. At adoption, the Center did not record any cumulative effect adjustment, and the Center did not accrue any interest expense or penalties related to tax positions. There are currently no open Federal or State tax years under audit. Part XI, Line 2d - Other Adjustments: cost of goods sold 395,509. special event expenses 167,319. rental expenses 6,079. Part XII, Line 2d - Other Adjustments: cost of goods sold 395,509. special event expenses 167,319. rental expenses 6,079. Part XII, Line 4b - Other Adjustments: Other exps incl'd 990 not on books-depreciation -2,637. golf tourney 155401 83200 72201 6575 1771 33221 february events 140717 56401 84316 17892 15999 65667 4 152185 13260 138925 797 567 200 24630 448303 152861 295442 25264 18337 200 123518 167319 128123 X 1 2000 fair market value X MISC. EQUIPMENT 1 2499 FAIR MARKET VALUE X turtle rehab equip. 1 3000 fAIR MARKET VALUE X laser equipment 1 7500 fAIR MARKET VALUE X misc. supplies 1 1800 fAIR MARKET VALUE X hand lotions 1 3595 fAIR MARKET VALUE X landscape materials 1 10000 fAIR MARKET VALUE X misc. gifts 1 8006 fAIR MARKET VALUE 0 0 0 Form 990, Part VI, Section B, line 11 FORM 990 IS MADE AVAILABLE TO THE BOARD OF DIRECTORS BY WAY OF A DRAFT COPY PROVIDED TO THEM. Form 990, Part VI, Section B, line 12c ANNUALLY, THE BOARD REVIEWS, IN WRITING, ITS POLICIES OF GOOD PRACTICE WHICH INCLUDES A COVENANT TO AVOID CONFLICTS OF INTEREST. THIS POLICY IS MONITORED BY THE BOARD CHAIR, EXECUTIVE DIRECTOR AND THE GOVERNANCE COMMITTEE. Form 990, Part VI, Section B, line 15 THE BOARD OF DIRECTORS DETERMINES COMPENSATION THROUGH A STUDY OF COMPARABILITY DATA AVAILABLE FOR ITS PARTICULAR REGION OF SIMILAR ORGANIZATIONS AND COMPENSATION RESEARCH STUDIES/WEBSITES. Form 990, Part VI, Section C, line 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. Changes in Net Assets or Fund Balances: Form 990, Part XI, line 9: BOOK TAX DEPRECIATION DIFFERENCE -2,637. AUDIT REPORT REVIEW PROCESS. PART XII LINE 2C THE AUDIT REPORT IS REVIEWED AT THE ANNUAL AUDIT REPORT REVIEW MEETING AS PRESENTED BY THE INDEPENDENT AUDITOR. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. NUMBER OF VOLUNTEERS PAGE 1 LINE 6 THE NUMBER OF VOLUNTEERS, (300), ARE IN ADDITION TO THE UNCOMPENSATED MEMBERS OF THE BOARD OF DIRECTORS.