Fishing Has No Boundaries Inc
- Assets
- $630.2k
- Revenue
- $210.7k
- Investments
- $0.0
- Employees
- 3
- Location
- Hayward, WI
- Founding
- 01/1990
- Data as of
- 12/2022
- EIN
- 39-1638343
Organization Overview
Fishing Has No Boundaries Inc is located in Hayward, WI. The organization was established in 1990. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. As of 12/2022, Fishing Has No Boundaries Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fishing Has No Boundaries 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, Fishing Has No Boundaries Inc generated $210.7k 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 (4.5%) each year. All expenses for the organization totaled $138.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (10.3%) 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION EDUCATES AND PROVIDES FISHING TO INDIVIDUALS WITH DISABILITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM SERVICE EXPENSES PROVIDE FISHING OPPORTUNITIES FOR INDIVIDUALS WITH DISABILITIES. THERE WERE APPROXIMATELY 1,000 INDIVIDUALS WHO BENEFITED FROM THIS ORGANIZATION.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathy Overman Executive Director | Officer | 20 | $14,843 |
Aaron Ruhde Director | Trustee | 1 | $0 |
Ivan Uttech Director | Trustee | 1 | $0 |
Howard Morgan Director | Trustee | 1 | $0 |
Karl Ekstrom Director | Trustee | 1 | $0 |
Vance Balstad Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $30,781 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $187,116 |
| Noncash contributions included in lines 1a–1f | $1,004 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $217,897 |
| Total Program Service Revenue | $30,329 |
| Investment income | $244 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$76,059 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $67 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $210,693 |
| 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. | $14,843 |
| Compensation of current officers, directors, key employees. | $2,969 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $36,383 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $133 |
| Payroll taxes | $3,919 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,461 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,598 |
| Office expenses | $10,766 |
| Information technology | $250 |
| Royalties | $0 |
| Occupancy | $12,321 |
| Travel | $379 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,574 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,337 |
| Insurance | $21,722 |
| All other expenses | $0 |
| Total functional expenses | $138,167 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $416,640 |
| Savings and temporary cash investments | $164,081 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $13,799 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $7,516 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $27,741 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $429 |
| Other assets | $0 |
| Total assets | $630,206 |
| Accounts payable and accrued expenses | $9,796 |
| 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 | $9,796 |
| Net assets without donor restrictions | $587,786 |
| Net assets with donor restrictions | $32,624 |
| 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 | $630,206 |