Florida Fishing Academy Inc
- Assets
- $561.4k
- Revenue
- $484.5k
- Investments
- $0.0
- Employees
- 9
- Location
- Riviera Beach, FL
- Founding
- 01/2007
- Data as of
- 09/2022
- EIN
- 16-1775538
Organization Overview
Florida Fishing Academy Inc is located in Riviera Beach, FL. The organization was established in 2007. According to its NTEE Classification (N61) the organization is classified as: Fishing & Hunting, under the broad grouping of Recreation & Sports and related organizations. As of 09/2022, Florida Fishing Academy Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Florida Fishing Academy 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 09/2022, Florida Fishing Academy Inc generated $484.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.9% each year . All expenses for the organization totaled $413.1k during the year ending 09/2022. While expenses have increased by 4.9% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO CHANGE THE LIVES OF OUR YOUTH THROUGH ENVIRONMENTAL STEWARDSHIP BY PROVIDING INSPIRATION AND EDUCATION THROUGH RECREATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANGLING FOR A HEALTHY FUTURE IS AN ENVIRONMENTAL AWARENESS INITIATIVE THAT TEACHES ELEMENTARY, MIDDLE, AND HIGH SCHOOL STUDENTS TO ENJOY FLORIDAS FRAGILE MARINE RESOURCES IN A WAY THAT PRESERVES THE ECOSYSTEM FOR GENERATIONS. THE PROGRAM ARMS KIDS WITH THE TOOLS AND KNOWLEDGE TO RESIST THE TEMPTATIONS OF THE STREETS AND GAIN A RICHER APPRECIATION FOR OUR LOCAL WATERS.
MOBILE MARINE LAB IS A HANDS-ON EDUCATIONAL PROGRAM THAT ALLOWS STUDENTS TO EXPLORE A WORKING MODEL OF FLORIDAS WATERSHED, THE EFFECTS OF POLLUTION AND BEACH EROSION, AND HOW IT RELATES TO THE MARINE-LIFE FOOD CHAIN. THE INTERACTIVE MOBILE LAB PROMOTES ADVOCACY ACROSS ALL DEMOGRAPHICS, ESPECIALLY AT OUR SCHOOLS IN PALM BEACH AND MARTIN COUNTIES.
CHARTING A COURSE IN THE MARINE INDUSTRIES PROVIDES ADVANCED HIGH SCHOOL STUDENTS WITH EXTENSIVE VOCATIONAL FISHING EDUCATION AND POST-SECONDARY PREPARATION AND SUPPORT DESIGNED TO PREPARE THEM FOR THE WORKFORCE OR COLLEGE. THESE STUDENTS LEARN HOW TO MENTOR YOUNGER STUDENTS, TEACH OUR PROGRAM, AND WORK WITH OUR COMMUNITY PARTNERS THROUGH OUR ON-THE-JOB TRAINING COMPONENT.
RIVIERA BEACH COMMUNITY BOATING PROGRAM OFFERS WATERSPORTS INSTRUCTION, SUMMER CAMPS, AND DEEP-SEA FISHING. THE CURRICULUM INSTRUCTS STUDENTS ON PROPER AND SAFE BOATING, KAYAKING, FISHING, AND SAILING PRACTICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Brochu Executive Director | Officer | 40 | $102,764 |
Matt Hedrick Treasurer | OfficerTrustee | 1 | $0 |
Jeff Freeman President | OfficerTrustee | 5 | $0 |
Stephanie Brown Secretary | OfficerTrustee | 1 | $0 |
Jim Mostad Vice President | OfficerTrustee | 1 | $0 |
Tk Krumenacker Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $384,032 |
| All other contributions, gifts, grants, and similar amounts not included above | $90,364 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $474,396 |
| Total Program Service Revenue | $10,059 |
| Investment income | $36 |
| 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 | $484,491 |
| 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 | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $102,764 |
| Compensation of current officers, directors, key employees. | $7,222 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $94,979 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $16,026 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,922 |
| Advertising and promotion | $0 |
| Office expenses | $10,063 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $13,950 |
| Travel | $6,394 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $21,066 |
| Insurance | $31,895 |
| All other expenses | $18,598 |
| Total functional expenses | $413,080 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,642 |
| Savings and temporary cash investments | $443,130 |
| Pledges and grants receivable | $37,000 |
| 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 | $9,016 |
| Net Land, buildings, and equipment | $30,035 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $27,610 |
| Total assets | $561,433 |
| Accounts payable and accrued expenses | $3,630 |
| 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 | $3,630 |
| Net assets without donor restrictions | $493,193 |
| Net assets with donor restrictions | $64,610 |
| 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 | $561,433 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Florida Fishing Academy Inc has recieved totaling $49,500.
| Awarding Organization | Amount |
|---|---|
United Way Of Palm Beach County Inc West Palm Beach, FL PURPOSE: Allocations to Agencies and Community Impact | $37,000 |
Marine Industries Association Of Palm Beach County Inc North Palm Beach, FL PURPOSE: OPERATING GRANT | $10,000 |
Selma And Irving Ettenberg Foundation Inc Delray Beach, FL PURPOSE: GENERAL PURPOSE | $2,000 |
W L Lyons Brown Foundation Louisville, KY PURPOSE: PROGRAM SUPPORT | $500 |
Endowment Analysis
| Beg. Balance | $35,679 |
| Earnings | -$7,764 |
| Admin Expense | $305 |
| Ending Balance | $27,610 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Anglers Club Members Association Inc & Subsidiary Key Largo, FL | $25,024,668 | $5,160,879 |
River Ranch Property Owners Association Inc Lake Wales, FL | $1,888,109 | $1,700,311 |
Sarasota Trap Skeet & Sporting Clays Inc Nokomis, FL | $1,966,456 | $1,664,553 |
River Bend Gun Club Inc Marble Hill, GA | $2,570,231 | $1,029,799 |
Hunting Retriever Club Inc Ocklawaha, FL | $573,533 | $807,346 |
Jacksonville Skeet And Trap Club Inc Jacksonville, FL | $1,938,947 | $964,023 |
Islamorada Fishing Club Inc Islamorada, FL | $1,157,209 | $976,251 |
Greater Jacksonville Fishing Tournament Inc Jacksonville, FL | $154,301 | $673,316 |
Elbert County Gun Club Inc Elberton, GA | $1,092,588 | $764,249 |
Palm Beach County Fishing Foundation Inc West Palm Beach, FL | $1,949,170 | $894,839 |
Homosassa Fishing Club Atlanta, GA | $2,969,191 | $559,714 |
Gulf Hammock Hunting Club Inc Bronson, FL | $237,805 | $523,430 |