California Fisheries Fund Inc
- Assets
- $0.0
- Revenue
- $181.2k
- Investments
- $0.0
- Employees
- 0
- Location
- San Francisco, CA
- Founding
- Data as of
- 09/2018
- EIN
- 26-0873741
Organization Overview
California Fisheries Fund Inc is located in San Francisco, CA. California Fisheries Fund Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2018, California Fisheries Fund Inc generated $181.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (5.0%) each year. All expenses for the organization totaled $290.5k during the year ending 09/2018. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2018
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE PUBLIC GOOD & TO IMPROVE & REFORM THE CONSERVATION & FINANCIAL PERFORMANCE OF CALIFORNIAS MARINE FISHERIES THROUGH EDUCATION, TRAINING, & FINANCIAL SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CALIFORNIA FISHERIES FUND ("CFF") HELPS FISHERMAN PURCHASE EQUIPMENT, DEVELOP FISHING PORT INFRASTRUCTURE, AND CREATE AND IMPLEMENT NEW BUSINESS PLANS FOR BRINING ECO-FRIENDLY FISH TO NEW MARKETS. CALIFORNIA FISHERMEN ARE FACING CHALLENGING ECONOMIC TIMES, A CREDIT CRUNCH AND LIMITED ACCESS TO FISHING STOCKS, AT A TIME WHEN CONSUMER DEMAND FOR SUSTAINABLE SEAFOOD CONTINUES TO GROW. TO MEET THE RISING DEMAND FOR ECO-FRIENDLY SEAFOOD AND TO GROW OUR FISHING ECONOMY, CFF IS INVESTING IN INNOVATIVE AND ENVIRONMENTALLY-FRIENDLY SEAFOOD BUSINESSES IN CALIFORNIA. THE CFF INVESTS AT EVERY STAGE IN THE SUPPLY CHAIN, FROM THE FISHERMEN, TO THE DOCKSIDE FISH BUYER, TO THE PROCESSOR AND DISTRIBUTOR. FISHERIES UNDERGOING INNOVATIVE MANAGEMENT PROGRAMS THAT LAY THE GROUNDWORK AND ENVIRONMENTAL RECOVERY ARE PARTICULARLY RIPE FOR INVESTMENT. CFF BORROWERS WILL HELP TO DEVELOP A MARKET FOR ECO-FRIENDLY SEAFOOD CAUGHT IN CALIFORNIA WATERS AND IN TURN HELP TO CREATE NEW FISHING INDUSTRY JOBS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Festa President | OfficerTrustee | 2 | $0 |
John Mcgeehan Treasurer | OfficerTrustee | 1 | $0 |
Laurence Band Director | Trustee | 2 | $0 |
Timothy Fitzgerald Director | Trustee | 1 | $0 |
Phoebe Higgins Director | Trustee | 35 | $0 |
Amanda Leland Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $20,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $82,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $102,500 |
| Total Program Service Revenue | $0 |
| Investment income | $78,456 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $181,174 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $78,833 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $128,434 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $35,217 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $15,000 |
| Fees for services: Accounting | $6,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,483 |
| Advertising and promotion | $0 |
| Office expenses | $4,363 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $10,037 |
| Travel | $431 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,365 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $250 |
| All other expenses | $0 |
| Total functional expenses | $290,489 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Unrestricted restricted net Assets | $0 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $0 |