Half Moon Bay Commercial Fisheries Trust
- Assets
- $73.2k
- Revenue
- $32.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Half Moon Bay, CA
- Founding
- 09/2015
- Data as of
- 12/2020
- EIN
- 47-4501396
Organization Overview
Half Moon Bay Commercial Fisheries Trust is located in Half Moon Bay, CA. The organization was established in 2015. According to its NTEE Classification (D30) the organization is classified as: Wildlife Preservation & Protection, 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. Half Moon Bay Commercial Fisheries Trust 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 12/2020, Half Moon Bay Commercial Fisheries Trust generated $32.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (24.7%) each year. All expenses for the organization totaled $58.9k during the year ending 12/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO SUSTAIN DURABLE LOCAL FISHING BUSINESSES, SUPPORT A THRIVING AND RESILIENT PORT COMMUNITY, AND TO PROTECT OUR OCEAN ECOSYSTEM AND HALF MOON BAY FISHING ECONOMY FOR FUTURE GENERATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORTING LOST GEAR RECOVERY PROGRAM TO IMPROVE OCEAN CONSERVATION AND STEWARDSHIP WHILE BUILDING THE LOCAL FISHING ECONOMY. SECURING ACCESS TO FISHING PRIVILEGES BY MANAGING QUOTA POUNDS. PROMOTING AWARENESS FOR THE CULTURAL AND ECONOMIC SIGNIFICANCE OF THE LOCAL HALF MOON BAY COMMERCIAL FISHING FLEET.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Damrosch Secretary/executive Direct | Officer | 12 | $0 |
Steve Fitz Board Member | Trustee | 4 | $0 |
Amy Broome Board Member | Trustee | 4 | $0 |
Kate Bonzon Board Member | Trustee | 4 | $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 | $26,700 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $26,700 |
| Total Program Service Revenue | $5,775 |
| Investment income | $0 |
| 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 | $32,475 |
| 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. | $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 | $45,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $385 |
| 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 | $1,346 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,699 |
| Insurance | $2,941 |
| All other expenses | $0 |
| Total functional expenses | $58,870 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $44,413 |
| 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 | $6,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,797 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $20,000 |
| Other assets | $0 |
| Total assets | $73,210 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $12,000 |
| 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 | $12,416 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $24,416 |
| Net assets without donor restrictions | $48,794 |
| 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 | $73,210 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Half Moon Bay Commercial Fisheries Trust has recieved totaling $27,000.
| Awarding Organization | Amount |
|---|---|
Nature Conservancy Arlington, VA PURPOSE: CONSERVATION ACTIVITIES | $15,000 |
Multiplier San Francisco, CA PURPOSE: COVID-19 RELIEF TO FISHING COMMUNITIES TO BUILD FISHERY ORGANIZATIONAL CAPACITY. | $12,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bubye Valley Conservation Research Pleasanton, CA | $311,846 | $6,211,000 |
California State Wildlife Foundation Berkeley, CA | $18,836,509 | $3,709,461 |
Winat Organization Sacramento, CA | $67,955 | $4,576,254 |
Safari Club International Foundation Tucson, AZ | $35,723,815 | $6,669,750 |
Animals Asia Foundation Limited Los Angeles, CA | $2,449,037 | $4,587,272 |
California Deer Association Redding, CA | $2,723,378 | $2,678,758 |
International Bird Rescue Fairfield, CA | $697,182 | $2,439,810 |
Turtle Conservancy Ojai, CA | $1,771,749 | $2,238,835 |
California Marine Sanctuary Foundation Monterey, CA | $2,494,586 | $2,008,358 |
Tiger Preservation Center Inc Cave Junction, OR | $0 | $1,705,482 |
Greater Farallones Association San Francisco, CA | $1,113,722 | $2,215,401 |
Orangutan Foundation International Los Angeles, CA | $7,498,262 | $3,540,066 |