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Global Coralition Inc

EIN 84-2728444 · Calabasas, CA

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair58 out of 100GovernanceGood83 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

TO SCALE CORAL REEF RESTORATION THROUGH A HOLISTIC MODEL OF ART, SCIENCE AND COMMUNITY. WE DESIGN MARINE REGENERATION HUBS THAT CONSIST OF SCULPTURAL CORAL GARDENS AND LAND-BASED CORAL FARMS. WE AIM TO TARGET LOCAL IMPACTS ON REEFS WHILE ENSURING LONG-TERM CONSERVATION.

Income
$604,929
Spending
$657,302
Spent on programs
98%
Reserves
0.6 months of spending
Largest source of income
donations and private grants, 100%
Employees
0
Volunteers
2

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 58 out of 100. Higher than 21% of charities in its peer group (environment, $250k to $1m).

  • Reserves

    4 of 35

    Spendable reserves would cover 0.6 months of spending.

  • Debt

    20 of 20

    It owes 0% of what it owns.

  • Living within its means

    4 of 15

    Spending exceeded income by 9% of income.

  • Income trend

    15 of 15

    Income rose 380% on the year before.

  • Spending floor

    15 of 15

    98% of spending went to programs and raising each dollar of donations cost 2 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 83 out of 100. Higher than 58% of charities in its peer group (environment, $250k to $1m).

  • Independent board

    18 of 25

    2 of 3 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Independent check of accounts

    6 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $642,434 spent. 1. ARTISTIC CORAL GARDENS AWE-INSPIRING SCULPTURAL REEFS RAISE AWARENESS, CATALYZE PARTNERSHIPS AND BECOME ATTRACTIONS THAT PROVIDE SUSTAINABLE REVENUE. 2. LAND-BASED CORAL FARMS THESE FARMS CAN GROW RESILIENT CORAL AT SCALE, WHILE PROMOTING BIODIVERSITY. LOCAL ECOLOGISTS, FISHERMEN, DIVERS AND STUDENTS ARE TRAINED AT THE FARMS. ECO-COURSES, TOURS AND MEMBERSHIPS SUSTAIN THE FARM'S OPERATIONS. 3. COMMUNITY REGENERATIVE HUBS WE DESIGN EACH FARM AS AN IMMERSIVE, EDUCATIONAL HUB. WE TARGET LOCAL IMPACTS ON REEF DEGRADATION WHILE CREATING NEW JOBS IN CONSERVATION.4. INSPIRE A MOVEMENTBUILD A NETWORK OF COMMUNITIES THAT CAN COLLABORATE, CROWDSOURCING RESOURCES AND SKILLS TO DESIGN MARINE REGENERATION HUBS IN THEIR OWN REGION.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since April 2020.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.