Sustainable Fisheries Partnership Foundation
- Assets
- $7.8m
- Revenue
- $10.4m
- Investments
- $0.0
- Employees
- 25
- Location
- Honolulu, HI
- Founding
- 08/2010
- Data as of
- 12/2023
- EIN
- 27-3091938
Organization Overview
Sustainable Fisheries Partnership Foundation is located in Honolulu, HI. The organization was established in 2010. According to its NTEE Classification (D33) the organization is classified as: Fisheries Resources, under the broad grouping of Animal-Related and related organizations. As of 12/2023, Sustainable Fisheries Partnership Foundation employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sustainable Fisheries Partnership Foundation 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 12/2023, Sustainable Fisheries Partnership Foundation generated $10.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $9.2m during the year ending 12/2023. While expenses have increased by 4.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ENGAGE AND CATALYZE GLOBAL SEAFOOD SUPPLY CHAINS IN REBUILDING DEPLETED FISH STOCKS AND REDUCING THE ENVIRONMENTAL IMPACTS OF FISHING AND FISH FARMING.
Describe the Organization's Program Activity:
SEE SCHEDULE O
SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jean-Louis Meuric Chair | OfficerTrustee | 2 | $0 |
Cat Dorey Vice-Chair | OfficerTrustee | 2 | $0 |
Manish Kumar Treasurer | OfficerTrustee | 2 | $0 |
Ed Rhodes Secretary | OfficerTrustee | 2 | $0 |
Susanna Fuller Director | Trustee | 2 | $0 |
Andrew Hudson Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Globalization Partners Global Employment Provider | 12/30/22 | $326,103 |
Merul Patel Information Technology | 12/30/22 | $121,542 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $804,490 |
| All other contributions, gifts, grants, and similar amounts not included above | $9,101,662 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,906,152 |
| Total Program Service Revenue | $442,926 |
| Investment income | $70,965 |
| 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 | $10,420,043 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $50,802 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $724,484 |
| Compensation of current officers, directors, key employees. | $412,446 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,284,048 |
| Pension plan accruals and contributions | $59,124 |
| Other employee benefits | $385,102 |
| Payroll taxes | $496,185 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,893 |
| Fees for services: Accounting | $39,948 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,037,336 |
| Advertising and promotion | $6,300 |
| Office expenses | $117,367 |
| Information technology | $48,433 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $487,971 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $316,809 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $43,213 |
| All other expenses | $5,995 |
| Total functional expenses | $9,218,884 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,354,821 |
| Savings and temporary cash investments | $1,309,069 |
| Pledges and grants receivable | $1,463,305 |
| Accounts receivable, net | $175,677 |
| 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 | $265,152 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $193,507 |
| Total assets | $7,761,531 |
| Accounts payable and accrued expenses | $826,494 |
| Grants payable | $0 |
| Deferred revenue | $225,015 |
| 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 | $1,051,509 |
| Net assets without donor restrictions | $1,359,896 |
| Net assets with donor restrictions | $5,350,126 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $7,761,531 |