Fly Fishers International Inc
- Assets
- $1.4m
- Revenue
- $987.7k
- Investments
- $0.0
- Employees
- 12
- Location
- Livingston, MT
- Founding
- 09/1969
- Data as of
- 12/2022
- EIN
- 23-7037444
Organization Overview
Fly Fishers International Inc is located in Livingston, MT. The organization was established in 1969. 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 12/2022, Fly Fishers International Inc employed 12 individuals. This organization is a parent organization of 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 12/2022, Fly Fishers International Inc generated $987.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $1.1m during the year ending 12/2022. While expenses have increased by 6.3% 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
CONSERVATION OF FISHERY HABITATS AND PROVIDING INSTRUCTION ON ALL ASPECTS OF THE SPORT OF FLY FISHING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FLY FISHERS INTERNATIONAL ACCOMPLISHES ITS GOALS BY TEACHING PEOPLE ABOUT T HE SPORT OF FLY FISHING THROUGH MANY EDUCATIONAL OPPORTUNITIES, INCLUDING HOW TO FLY CAST, HOW TO TIE FLIES AND HOW TO FLY FISH IN GENERAL. THE ORGANIZATION FUNDS GRANTS THAT ARE USED BY THEIR CLUBS, COUNCILS AND OTHER ORGANIZATIONS FOR LOCAL CONSERVATION AND EDUCATION PROJECTS. THE ORGANIZATION ALSO PROVIDES AN EDUCATIONAL MAGAZINE (TWICE A YEAR) TO THEIR MEMBERS AND DISTRIBUTES IT THROUGH THE MANY FISHING FAIRS AND EXPOS THAT THE ORGANIZATION ATTENDS. ADDITIONALLY, MEMBERS AND INTERESTED PARTIES RECEIVED AT LEAST 50 ELECTRONIC NEWS PUBLICATIONS EACH YEAR. IN 2022 APPROXIMATELY 25,000 PEOPLE WERE IMPACTED BY THE ORGANIZATION'S EDUCATIONAL ACTIVITIES. ALSO 5-10 CONSERVATION AND EDUCATION GRANTS AND SCHOLARSHIPS ARE GIVEN OUT EACH YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Reichardt Board Member | Trustee | 1 | $0 |
Barry Webster Board Member | Trustee | 5 | $0 |
Berris Samples Board Member | Trustee | 1 | $0 |
Bruce Williams Board Member | Trustee | 5 | $0 |
Carole Katz Board Member | Trustee | 1 | $0 |
Dave Peterson Chairman Of Board | OfficerTrustee | 30 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $283,013 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $64,542 |
| All other contributions, gifts, grants, and similar amounts not included above | $371,892 |
| Noncash contributions included in lines 1a–1f | $22,535 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $719,447 |
| Total Program Service Revenue | $235,717 |
| Investment income | $25,173 |
| 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 | $7,394 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $987,731 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $16,300 |
| Grants and other assistance to domestic individuals. | $6,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $150,966 |
| Compensation of current officers, directors, key employees. | $52,838 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $301,525 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $28,783 |
| Payroll taxes | $36,750 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $237 |
| Fees for services: Accounting | $4,909 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,989 |
| Fees for services: Other | $23,198 |
| Advertising and promotion | $0 |
| Office expenses | $47,871 |
| Information technology | $2,091 |
| Royalties | $0 |
| Occupancy | $32,976 |
| Travel | $4,295 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $668 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $18,005 |
| Insurance | $60,917 |
| All other expenses | $115,780 |
| Total functional expenses | $1,072,067 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$1 |
| Savings and temporary cash investments | $174,403 |
| Pledges and grants receivable | $83,990 |
| Accounts receivable, net | $5,125 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $14,776 |
| Prepaid expenses and deferred charges | $7,564 |
| Net Land, buildings, and equipment | $2,821 |
| Investments—publicly traded securities | $985,020 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $70,012 |
| Other assets | $34,100 |
| Total assets | $1,377,810 |
| Accounts payable and accrued expenses | $118,591 |
| Grants payable | $0 |
| Deferred revenue | $284,258 |
| 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 | $38,583 |
| Total liabilities | $441,432 |
| Net assets without donor restrictions | $586,763 |
| Net assets with donor restrictions | $349,615 |
| 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 | $1,377,810 |