American Fisheries Society Inc
- Assets
- $6.3m
- Revenue
- $4.1m
- Investments
- $0.0
- Employees
- 21
- Location
- Bethesda, MD
- Founding
- 11/1972
- Data as of
- 12/2021
- EIN
- 54-0683803
Organization Overview
American Fisheries Society Inc is located in Bethesda, MD. The organization was established in 1972. According to its NTEE Classification (D33) the organization is classified as: Fisheries Resources, under the broad grouping of Animal-Related and related organizations. As of 12/2021, American Fisheries Society Inc employed 21 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. American Fisheries Society 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 12/2021, American Fisheries Society Inc generated $4.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $3.5m during the year ending 12/2021. While expenses have increased by 2.9% 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE AMERICAN FISHERIES SOCIETY IS THE WORLD'S OLDEST AND LARGEST ORGANIZATION DEDICATED TO STRENGTHENING THE FISHERIES PROFESSION, ADVANCING FISHERIES SCIENCE, AND CONSERVING FISHERIES RESOURCES.
Describe the Organization's Program Activity:
ANNUAL MEETING - AFS'S ANNUAL MEETING IS AN INTERNATIONAL SCIENTIFIC GATHERING OF FISHERIES AND AQUATIC RESOURCE PROFESSIONALS, STUDENTS, EXHIBITORS AND SUPPLIERS IN LOCATIONS THROUGHOUT NORTH AMERICA. THE MEETING OFFERS SYMPOSIA, PAPERS, POSTERS AND SPECIAL EVENTS ON THE LATEST SCIENTIFIC RESEARCH AND DEVELOPMENTS AND IS A PLATFORM FOR PROFESSIONAL DEVELOPMENT AND NETWORKING OPPORTUNITIES FOR ATTENDEES FROM AROUND THE WORLD.
JOURNALS AND PUBLICATIONS - AFS PUBLISHES FIVE PEER-REVIEWED JOURNALS: TRANSACTIONS OF THE AMERICAN FISHERIES SOCIETY, FEATURING PAPERS ON BASIC FISHERIES SCIENCE; NORTH AMERICAN JOURNAL OF FISHERIES MANAGEMENT, COVERING MANAGEMENT RESEARCH, EXPERIENCES, AND RECOMMENDATIONS; NORTH AMERICAN JOURNAL OF AQUACULTURE, PROVIDING GUIDANCE FOR THOSE WHO BREED AND RAISE AQUATIC ANIMALS; JOURNAL OF AQUATIC ANIMAL HEALTH, FOCUSING ON HEALTH MAINTENANCE AND DISEASE TREATMENT; AND MARINE AND COASTAL FISHERIES, FOCUSING ON MARINE, COASTAL, AND ESTUARINE FISHERIES. AFS ALSO PUBLISHES BOOKS AND SPECIAL PUBLICATIONS AND FISHERIES MAGAZINE, THAT FEATURES PEER-REVIEWED TECHNICAL ARTICLES ON ALL ASPECTS OF AQUATIC RESOURCE-RELATED SUBJECTS, AS WELL AS ARTICLES ON PROFESSIONAL ISSUES, NEW IDEAS AND APPROACHES, POLICY, EDUCATION, ECONOMICS, ADMINISTRATION, AND LAW. THE MAGAZINE ALSO CONTAINS FEATURES, ESSAYS, SOCIETY NEWS, CURRENT EVENTS, BOOK REVIEWS, EDITORIALS, LETTERS, JOB NOTICES, CHAPTER ACTIVITIES, AND A CALENDAR OF EVENTS.
PROJECT MANAGEMENT - AFS ADMINISTERS SEVERAL PROGRAMS RELATED TO THE FISHERIES FIELD INCLUDING THE HUTTON JUNIOR FISHERIES BIOLOGY PROGRAM, A SUMMER MENTORSHIP PROGRAM FOR HIGH SCHOOL STUDENTS, AGENCY CO-OP AGREEMENTS, MULTI-STATE CONSERVATION GRANTS, AND OTHER COLLABORATIVE ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Douglas Austen Executive Director | Officer | 40 | $269,202 |
Daniel Cassidy Deputy Exe. Director | Officer | 40 | $180,547 |
Drue Banta Policy Director | 40 | $120,978 | |
Aaron I Lerner Publications Director | 40 | $103,875 | |
Trent Sutton Board Member Until 08/2021 | Trustee | 2 | $1,875 |
Scott Bonar Past President Until 08/2021 | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Spectra Food And Facility Rent | 12/30/18 | $127,067 |
Isg Solutions Llc Website Services | 12/30/18 | $124,769 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $839,685 |
| All other contributions, gifts, grants, and similar amounts not included above | $40,497 |
| Noncash contributions included in lines 1a–1f | $800 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $880,182 |
| Total Program Service Revenue | $2,826,745 |
| Investment income | $66,509 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $271,637 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,050,983 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $100,050 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $511,161 |
| Compensation of current officers, directors, key employees. | $124,415 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,185,779 |
| Pension plan accruals and contributions | $86,384 |
| Other employee benefits | $127,940 |
| Payroll taxes | $113,404 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $220 |
| Fees for services: Accounting | $19,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $23,207 |
| Fees for services: Other | $600,061 |
| Advertising and promotion | $593 |
| Office expenses | $134,511 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $60,837 |
| Travel | $25,933 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $274,683 |
| Interest | $2,036 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $39,793 |
| Insurance | $18,903 |
| All other expenses | $26,493 |
| Total functional expenses | $3,479,692 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,233 |
| Savings and temporary cash investments | $244,344 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $63,521 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $189,563 |
| Prepaid expenses and deferred charges | $87,412 |
| Net Land, buildings, and equipment | $348,145 |
| Investments—publicly traded securities | $5,316,458 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,300 |
| Total assets | $6,265,976 |
| Accounts payable and accrued expenses | $470,785 |
| Grants payable | $0 |
| Deferred revenue | $713,148 |
| 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 | $125,000 |
| Other liabilities | $473,842 |
| Total liabilities | $1,782,775 |
| Net assets without donor restrictions | $1,056,569 |
| Net assets with donor restrictions | $3,426,632 |
| 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 | $6,265,976 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that American Fisheries Society Inc has recieved totaling $20,002.
| Awarding Organization | Amount |
|---|---|
Cornell University Ithaca, NY | | $10,001 |
Cornell University Ithaca, NY | | $10,001 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Fisheries Institute Inc Mclean, VA | $6,266,836 | $4,319,156 |
American Fisheries Society Inc Bethesda, MD | $6,265,976 | $4,050,983 |
Ferry Cove Shellfish Inc Annapolis, MD | $782,377 | $1,478,724 |
Trout Unlimited Bellefonte, PA | $632,076 | $209,319 |
Fish America Foundation Alexandria, VA | $1,822,560 | $209,516 |
Yellow Breeches Anglers & Conservation Association Inc Boiling Springs, PA | $191,923 | $0 |
Trout Unlimited Carlisle, PA | $171,621 | $0 |
Lehigh River Stocking Association Inc Lehighton, PA | $9,507 | $38,908 |
American Fisheries Society Bethesda, MD | $179,722 | $0 |
True Oyster Restoration Initiative Inc Baltimore, MD | $19,283 | $0 |
Erdman Trout Conservation Nursery Inc Lykens, PA | $36,390 | $0 |
Stephen Decatur Alumni Association Berlin, MD | $49,148 | $0 |