ISLAND DOLPHIN CARE INC
Mission Statement
Island Dolphin Care’s mission is to provide unique, animal-assisted (dolphin), motivational, and educational programs to children, adults with special needs, and their families and caregivers. Through interactive programs, education, and research, participants are inspired to value and respect marine mammals and their environment. More than ever, it is our hope that we can provide programs and experiences that bring Joy to the clients and families who need it most. Our goal is to provide unique, motivational, and educational animal-assisted programs for children and adults with special needs and abilities as well as war veterans. Beyond this, we strive to provide the best life possible for our co-therapists – the eight dolphins that call Island Dolphin Care home. With your help, we can fulfill this mission and make a meaningful impact in the lives of both people and dolphins alike.
Financial Overview — FY 2024
Compared with Peers
FY 2024| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
79.1% | 84.8% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
20.7% | 11.6% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.2% | 0.0% |
P10P90
|
Below median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
4.4% | 102.7% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
15.1 mo | 9.9 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
15.2% | 13.5% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
45.4% | 91.1% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-7.4% | 8.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-14.0% | 7.2% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-7.4% | 2.4% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $945K | $1.0M | $1.3M | 79.1% | 11 |
| 2023 | $1.0M | $1.2M | $1.4M | 77.4% | 14 |
| 2022 | $573K | $1.4M | $1.5M | 69.7% | 22 |
| 2021 | $1.2M | $1.5M | N/A | — | 27 |
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