National Aquaculture Association
- Assets
- $487.7k
- Revenue
- $153.7k
- Investments
- $0.0
- Employees
- 3
- Location
- Tallahassee, FL
- Founding
- 03/1992
- Data as of
- 12/2021
- EIN
- 55-0696828
Organization Overview
National Aquaculture Association is located in Tallahassee, FL. The organization was established in 1992. According to its NTEE Classification (K20) the organization is classified as: Agricultural Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2021, National Aquaculture Association employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Aquaculture Association is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2021, National Aquaculture Association generated $153.7k 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 (9.7%) each year. All expenses for the organization totaled $181.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.3%) 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
NAA PROVIDES A UNIFIED NATIONAL VOICE FOR AQUACULTURE THAT ENSURES ITS SUSTAINABILITY, PROTECTS ITS PROFITABILITY, AND ENCOURAGES ITS DEVELOPMENT IN AN ENVIRONMENTALLY RESPONSIBLE MANNER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL MEETINGS PROVIDE MEMBERS WITH NETWORKING OPPORTUNITIES AND INFORMATION REGARDING THE INDUSTRY.
NAA MAINTAINS A WEBSITE TO INFORM MEMBERS AND INTERESTED PARTIES OF UPCOMING EVENTS AND PROVIDE GENERAL INFORMATION ABOUT AQUACULTURE AND THE ORGANIZATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sebastian Belle Vice Preside | OfficerTrustee | $0 | |
Adam Hater Secretary | OfficerTrustee | $0 | |
Amy Stone Treasurer | OfficerTrustee | $0 | |
Jim Parsons President | OfficerTrustee | $0 | |
Jamie Anderson Director | Trustee | $0 | |
Chad Causey Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $155,435 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,530 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $162,965 |
| Total Program Service Revenue | $0 |
| Investment income | $4,764 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$25,858 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $153,723 |
| 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 | $147,875 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $11,767 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,125 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,701 |
| Advertising and promotion | $0 |
| Office expenses | $9,422 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $3,216 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,799 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $181,905 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $38,105 |
| Savings and temporary cash investments | $449,602 |
| 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 | $487,707 |
| 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 | $4,918 |
| Total liabilities | $4,918 |
| Net assets without donor restrictions | $462,904 |
| Net assets with donor restrictions | $19,885 |
| 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 | $487,707 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that National Aquaculture Association has recieved totaling $78,614.
| Awarding Organization | Amount |
|---|---|
Cornell University Ithaca, NY | | $39,307 |
Cornell University Ithaca, NY | | $39,307 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Georgia Federal-State Shipping Point Inspection Service Inc Albany, GA | $23,696,147 | $20,421,637 |
Montgomery Academy Inc Montgomery, AL | $22,347,255 | $11,005,286 |
Georgia Farm Bureau Federation Macon, GA | $39,904,441 | $13,619,773 |
Florida Farm Bureau Federation Gainesville, FL | $41,575,612 | $9,616,560 |
Southeast Produce Council Millen, GA | $7,110,033 | $5,998,694 |
United Food And Commercial Workers International Union Lakeland, FL | $1,227,147 | $3,715,232 |
Florida Thoroughbred Breeders Association Inc Ocala, FL | $6,294,766 | $2,891,430 |
Boll Weevil Eradication Foundation Of Georgia Inc Tifton, GA | $5,087,795 | $1,811,217 |
Koinonia Farm Americus, GA | $1,152,074 | $993,655 |
Farmworkers Coordinating Council Of Palm Beach County Inc Lake Worth, FL | $2,307,591 | $1,245,351 |
Minorities In Agriculture Natural Resources & Related Sci Atlanta, GA | $2,906,308 | $1,954,738 |
Farmworker Association Of Florida Inc Apopka, FL | $1,759,377 | $1,412,332 |