Project Healing Waters Fly Fishing Inc

Organization Overview

Project Healing Waters Fly Fishing Inc is located in La Plata, MD. The organization was established in 2009. According to its NTEE Classification (E50) the organization is classified as: Rehabilitative Care, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Project Healing Waters Fly Fishing 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 09/2021, Project Healing Waters Fly Fishing Inc generated $2.2m 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 (5.3%) each year. All expenses for the organization totaled $2.3m during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (4.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROJECT HEALING WATERS FLY FISHING INC IS DEDICATED TO THE PHYSICAL AND EMOTIONAL REHABILITATION OF DISABLED ACTIVE DUTY MILITARY AND DISABLED VETERANS THROUGH FLY FISHING AND ASSOCIATED ACTIVITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

REGIONAL PROGRAMS WE HOLD REGULARLY SCHEDULED CLASSES IN OUR 222 PROGRAMS LOCATED ACROSS THE COUNTRY SERVING DISABLED ACTIVE MILITARY SERVICE PERSONNEL AND DISABLED VETERANS. DURING THE CLASSES, VOLUNTEERS PROVIDE FIVE CORE ELEMENTS OF INSTRUCTION INCLUDING FLY TYING, FLY ROD BUILDING, FLY FISHING EDUCATION, FLY CASTING AND OUTINGS. VOLUNTEERS PATIENTLY INSTRUCT PARTICIPANTS WHO ARE WORKING THROUGH A VARIETY OF DISABILITIES, FROM DEXTERITY AND MOBILITY ISSUES TO MENTAL AND EMOTIONAL ISSUES STEMMING FROM TRAUMATIC BRAIN INJURIES AND POST TRAUMATIC STRESS. MORE THAN 106,680 VOLUNTEER HOURS WERE DONATED IN 2021, WITH AN ESTIMATED FAIR MARKET VALUE OF 3,044,661.


NATIONAL PROGRAMS PHWFF HAS THREE NATIONAL PROGRAMS NATIONAL TRAINING PROGRAM, NATIONAL COMPETITIONS PROGRAM AND NATIONAL DESTINATIONS PROGRAM.


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Board, Officers & Key Employees

Name (title)Compensation
Ken Asbury
Chairman
$0
Bryan Roach
Treasurer, Trustee
$0
Brian Trow
Vice Chairman
$0
Elizabeth Trenary
Secretary
$0
Susan Wagner
CFO
$0
Todd Desgrosseilliers
CEO President
$0

Financial Statements

Statement of Revenue
Federated campaigns$25,070
Membership dues$0
Fundraising events$46,000
Related organizations$0
Government grants $491,564
All other contributions, gifts, grants, and similar amounts not included above$1,600,251
Noncash contributions included in lines 1a–1f $268,555
Total Revenue from Contributions, Gifts, Grants & Similar$2,162,885
Total Program Service Revenue$0
Investment income $5,523
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$159
Net Income from Fundraising Events -$48
Net Income from Gaming Activities $480
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,168,985

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Project Healing Waters Fly Fishing Inc has recieved totaling $2,000.

Awarding OrganizationAmount
The Prengaman Family Foundation Inc

Arlington, TX

PURPOSE: WOUNDED VETS

$2,000
View Grant Recipient Profile

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