Fly Fishers International Inc
- Assets
- $1.4m
- Revenue
- $381.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Livingston, MT
- Founding
- 09/1969
- Data as of
- 12/2021
- EIN
- 81-0514222
Organization Overview
Fly Fishers International Inc is located in Livingston, MT. The organization was established in 1969. According to its NTEE Classification (D33) the organization is classified as: Fisheries Resources, under the broad grouping of Animal-Related and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Fly Fishers International 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 12/2021, Fly Fishers International Inc generated $381.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.9%) each year. All expenses for the organization totaled $253.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (14.3%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATION OF YOUTH ON FLY FISHING, INCLUDING FISHERIES AND WATER QUALITY, QUALITY MANAGEMENT, CONSERVATION OF WATER, AND RESEARCH FOR WATER QUALITY IMPROVEMENT. GENERAL FLY FISHING EDUCATION, INCLUDING CASTING AND FLY TYING INSTRUCTION, IS MADE AVAILABLE TO THE PUBLIC THROUGH EVENTS AND SPECIAL ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE GROUP RETURN FOR FLY FISHERS INTERNATIONAL (FFI) IS COMPRISED OF CLUBS AND COUNCILS OF THE ORGANIZATION. THESE ORGANIZATIONS ARE CONCERNED WITH CONSERVATION OF NATURAL RESOURCES AND THE WILDLIFE THAT INHABIT THEM, AS WELL AS PROMOTING THE SPORT AND ART OF FLY FISHING. THEIR MISSION AND PURPOSE IS TO EXPAND AND FURTHER FLY FISHING PARTICIPATION THROUGH PUBLIC EDUCATION, RECREATIONAL AND STEWARDSHIP OPPORTUNITIES IN THE SPORT OF FLY FISHING. THESE ORGANIZATIONS FOCUS ON BRINGING THEIR MEMBERSHIPS AND COMMUNITIES A WIDE VARIETY OF QUALITY PROGRAMS THAT WILL ENHANCE THEIR KNOWLEDGE, ENJOYMENT, AND SUCCESS IN THE SPORT OF FLY FISHING. OVER 1,300 CLUB & COUNCIL MEMBERS HAVE VOLUNTEERED 10,000 HOURS TO ASSIST IN A VARIETY OF ACTIVITIES AND EVENTS FOR CHILDREN AND ADULTS THROUGH THE YEAR IN AN EFFORT TO EXPAND THE EXPOSURE OF FLY FISHING. THIS INCLUDES FLY TYING, CASTING DEMOS AND CLINICS, ROD BUILDING, FISH WELFARE AND HABITAT, AND WATER EDUCATION. THESE PROGRAMS HAVE BENEFITED WELL OVER 15,000 PARTICIPANTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sherry Steele President/treasurer-Oregon | OfficerTrustee | 10 | $0 |
Tim Papich President-Eastern Rocky Mo | OfficerTrustee | 10 | $0 |
Terry Greiner President-Great Lakes Coun | OfficerTrustee | 10 | $0 |
Richard Withey President-Mid-Coast Fly Fishers | OfficerTrustee | 10 | $0 |
Debra Pauli President-Southeastern Cou | OfficerTrustee | 10 | $0 |
Mike Mccoy President-Umpqua Valley Fly Fishers | OfficerTrustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $31,553 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $228,694 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $260,247 |
| Total Program Service Revenue | $79,226 |
| Investment income | $21,302 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $12,023 |
| Net Income from Fundraising Events | $1,822 |
| Net Income from Gaming Activities | $6,585 |
| Net Income from Sales of Inventory | -$192 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $381,013 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $8,576 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,964 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $7,069 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,098 |
| Office expenses | $0 |
| Information technology | $5,422 |
| Royalties | $0 |
| Occupancy | $11,129 |
| Travel | $2,159 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,751 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,825 |
| All other expenses | $0 |
| Total functional expenses | $253,035 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $521,414 |
| 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 | $830,117 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,576 |
| Total assets | $1,362,107 |
| 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 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $1,362,107 |
| Total liabilities and net assets/fund balances | $1,362,107 |
Grants Awarded
Over the last fiscal year, Fly Fishers International Inc has awarded $285,565 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Livingston, MT PURPOSE: UPON DISSOLUTION OF IFFF FOUNDATION, INC., INVESTMENT FUNDS WERE TRANSFERED TO FLY FISHERS INTERNATIONAL. | $234,891 |
NORTHPOINT FISHERIES MANAGEMENT LLC PURPOSE: NORTH BRANCH HABITAT | $41,272 |
East Lansing, MI PURPOSE: HYNDMAN STUDY | $9,402 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trout Unlimited Ovando, MT | $238,034 | $1,134,911 |
Fly Fishers International Inc Livingston, MT | $1,362,107 | $381,013 |
Trout Unlimited Jackson, WY | $324,307 | $154,494 |
Trout Unlimited Green River, WY | $213,331 | $186,232 |
Trout Unlimited Butte, MT | $300,137 | $0 |
Trout Unlimited Bozeman, MT | $159,238 | $0 |
Wild Trout Conservation Coalition Jackson, WY | $1,200 | $0 |