North Atlantic Salmon Fund
- Assets
- $1.4m
- Revenue
- $194.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Jacksonville, FL
- Founding
- 10/1996
- Data as of
- 12/2021
- EIN
- 31-1477594
Organization Overview
North Atlantic Salmon Fund is located in Jacksonville, FL. The organization was established in 1996. According to its NTEE Classification (D12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Animal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North Atlantic Salmon Fund 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, North Atlantic Salmon Fund generated $194.1k 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 (10.2%) each year. All expenses for the organization totaled $260.2k during the year ending 12/2021. 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
TO CONSERVE AND RESTORE WILD ATLANTIC SALMON POPULATIONS THROUGHOUT THE NORTH ATLANTIC REGION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AS PART OF ITS EFFORTS TO CONSERVE AND RESTORE POPULATIONS OF WILD ATLANTIC SALMON IN THE NORTH ATLANTIC REGION, NORTH ATLANTIC SALMON FUND MADE GRANTS TO CONSERVATION ORGANIZATIONS HEADQUARTERED IN ICELAND WHICH SHARE THE MISSION OF PRESERVING WILD ATLANTIC SALMON AND ARE INVOLVED IN THE SAME ACTIVITIES PROMOTING THIS MISSION.
NORTH ATLANTIC SALMON FUND HAS CONSERVATION AGREEMENTS WITH FISHING ORGANIZATIONS IN GREENLAND AND THE FAROE ISLANDS WHEREBY THE ORGANIZATIONS AGREE TO LIMIT THEIR CATCH OF ATLANTIC SALMON IN EXCHANGE FOR COMPENSATION AND ASSISTANCE IN TARGETING ALTERNATIVE FISHERIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chad Pike Chairman/treasurer | OfficerTrustee | 1 | $0 |
John Ashton Secretary | OfficerTrustee | 1 | $0 |
David Goodman President | OfficerTrustee | 1 | $0 |
Kateryna Rakowsky Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $193,621 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $193,621 |
| Total Program Service Revenue | $0 |
| Investment income | $524 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $194,147 |
| 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 | $255,397 |
| 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 | $0 |
| Fees for services: Accounting | $3,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $297 |
| Office expenses | $1,507 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $260,201 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,398,500 |
| 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 | $1,398,500 |
| 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 | $1,398,500 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $1,398,500 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that North Atlantic Salmon Fund has recieved totaling $125,000.
| Awarding Organization | Amount |
|---|---|
Dechomai Foundation Inc Jacksonville, FL PURPOSE: unrestricted | $100,000 |
G Unger Vetlesen Foundation New York, NY PURPOSE: APPLICATION TO CAMPAIGN AGAINST SEA CAGE SALMON FISHING IN ICELAND | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fish & Wildlife Foundation Of Florida Inc Tallahassee, FL | $47,933,575 | $12,283,576 |
Second Life Thrift Store Avondale Estates, GA | $615,248 | $1,164,466 |
Nhs Second Chance Inc Fernandina Beach, FL | $423,443 | $888,553 |
Marianne H Halle Animal Support Foundation Inc Atlanta, GA | $21,526,650 | $1,392,826 |
Pc Fund For Animals Charitable Tr Delray Beach, FL | $4,017,118 | $350,177 |
Polk County Bully Project Lakeland, FL | $11,483 | $303,746 |
North Atlantic Salmon Fund Jacksonville, FL | $1,398,500 | $194,147 |
Animalade Inc Weeki Wachee, FL | $351,588 | $221,596 |
Samurgency Inc Haralson, GA | $601,641 | $93,810 |
Dollar For Doxies Inc Lantana, FL | $215,331 | $221,778 |
Stray Animal Foundation Of India Jacksonville, FL | $62,239 | $0 |
Diamonds In The Ruff Csra Inc Martinez, GA | $19,319 | $0 |