Billfish Foundation Inc
- Assets
- $1.6m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 5
- Location
- Fort Lauderdale, FL
- Founding
- 04/1987
- Data as of
- 12/2021
- EIN
- 59-2694327
Organization Overview
Billfish Foundation Inc is located in Fort Lauderdale, FL. The organization was established in 1987. According to its NTEE Classification (D32) the organization is classified as: Bird Sanctuaries, under the broad grouping of Animal-Related and related organizations. As of 12/2021, Billfish Foundation Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Billfish Foundation 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, Billfish Foundation Inc generated $1.1m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $901.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.2%) 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
RESPONSIBLY CONSERVING, MANAGING, AND ENHANCING BILLFISH POPULATIONS THROUGH RESEARCH, EDUCATION, AND ADVOCACY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLIC AWARENESS, EDUCATION AND CONFERENCE ACTIVITIES, COST TO PUBLISH NEWSLETTER AND OTHER TEXTS TO PROMOTE AWARENESS OF THE GOALS OF THE BILLFISH FOUNDATION.
PUBLIC OUTREACH ACTIVITIES ASSOCIATED WITH THE FOUNDATION'S GOALS AND OBJECTIVES WITH THE PUBLIC AT LARGE AND CONCERNED CONSEVATIONISTS AT DINNERS, TOURNAMENTS, PUBLIC MEETINGS AND MEMBERSHIP.
RELEASE AND TAGGING PROGRAM COSTS ASSOCIATED WITH THE DEVELOPMENT OF THE CATCH AND RELEASE PROGRAM TARGETED AT ANGLERS WORLDWIDE TO GATHER SCIENTIFIC DATA USED TO ADVANCE CONSERVATION AND MANAGEMENT OF BILLFISH POPULATIONS WORLDWIDE.
TO PROMOTE AWARENESS OF THE GOALS OF THE BILLFISH FOUNDATION THROUGH PUBLIC AWARENESS AND EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ellen Peel President | OfficerTrustee | 1 | $122,400 |
Angelo Depaola Mbgfc Secretary | OfficerTrustee | 1 | $0 |
Sandra Macmillian Director | Trustee | 1 | $0 |
Charles F Gaddy Director | Trustee | 1 | $0 |
Luis L Bacardi Director | Trustee | 1 | $0 |
Keith English Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $206,746 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $735,021 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $941,767 |
| Total Program Service Revenue | $0 |
| Investment income | $41,706 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $143,137 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $18,115 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,146,084 |
| 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. | $122,400 |
| Compensation of current officers, directors, key employees. | $9,475 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $190,109 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $63,934 |
| Payroll taxes | $22,952 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $17,315 |
| Fees for services: Accounting | $58,537 |
| Fees for services: Lobbying | $23,040 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $223,011 |
| Advertising and promotion | $25,615 |
| Office expenses | $49,307 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $53,878 |
| Travel | $13,059 |
| 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 | $13,576 |
| All other expenses | $24,497 |
| Total functional expenses | $901,230 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $81,611 |
| Savings and temporary cash investments | $685,720 |
| 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 | $2,944 |
| Net Land, buildings, and equipment | $12,957 |
| Investments—publicly traded securities | $789,454 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,000 |
| Total assets | $1,577,686 |
| Accounts payable and accrued expenses | $1,638 |
| 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 | $1,638 |
| Net assets without donor restrictions | $1,489,579 |
| Net assets with donor restrictions | $86,469 |
| 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 | $1,577,686 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Billfish Foundation Inc has recieved totaling $128,250.
| Awarding Organization | Amount |
|---|---|
North Carolina Community Foundation Inc Raleigh, NC PURPOSE: ENVIRONMENT & ANIMALS | $45,000 |
Ivy Foundation Minneapolis, MN PURPOSE: UNRESTRICTED | $40,000 |
The Hexberg Family Foundation Laguna Beach, CA PURPOSE: PROMOTES BILLFISH CONSERVATION THROUGH EDUCATION AND POLICY REFORM | $16,000 |
Anne Peters Myers Charitable Foundation Hackensack, NJ PURPOSE: GENERAL OPERATING SUPPORT | $12,000 |
Goldman Sachs Charitable Gift Fund New York, NY PURPOSE: SUPPORT OF ENVIRONMENTAL PROGRAMS | $10,000 |
The Laura E Dupont Foundation Greenville, SC PURPOSE: GENERAL OPERATING BUDGET | $2,000 |
Endowment Analysis
| Beg. Balance | $153,944 |
| Earnings | $12,024 |
| Ending Balance | $165,968 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pelican Harbor Seabird Station Inc Miami, FL | $5,899,329 | $2,441,913 |
Billfish Foundation Inc Fort Lauderdale, FL | $1,577,686 | $1,146,084 |
Seaside Seabird Sanctuary Indian Shores, FL | $207,442 | $745,125 |
Save Our Seabirds Inc Sarasota, FL | $1,830,610 | $803,512 |
Florida Keys Wild Bird Rehabilitation Center Inc Tavernier, FL | $1,988,531 | $537,230 |
Florida Exotic Bird Sanctuary Inc Hudson, FL | $355,073 | $490,202 |
Key West Wildlife Center Inc Key West, FL | $325,198 | $351,241 |
Papayago Rescue House Inc Marietta, GA | $9,157 | $0 |
Feathered Friends Forever Harlem, GA | $190,855 | $118,268 |
Marathon Wild Bird Center Inc Marathon, FL | $108,924 | $0 |
Baiata Bird Sanctuary Palm Coast, FL | $146,312 | $150,660 |
Avian Reconditioning Center Apopka, FL | $121,862 | $0 |