Fish Welfare Initiative
- Assets
- $165.4k
- Revenue
- $687.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Normal, IL
- Founding
- Data as of
- 12/2023
- EIN
- 85-2065536
Organization Overview
Fish Welfare Initiative is located in Normal, IL. According to its NTEE Classification (D20) the organization is classified as: Animal Protection & Welfare, 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. Fish Welfare Initiative 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 12/2023, Fish Welfare Initiative generated $687.9k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 62.6% each year . All expenses for the organization totaled $705.1k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE AND ADVANCE THE WELFARE INTERESTS OF FISH AND OTHER AQUATIC LIFE USED BY HUMANS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN ORDER TO BETTER UNDERSTAND THE CHALLENGES ASSOCIATED WITH FISH WELFARE IN THE HIGH-PRIORITY CONTEXT OF AQUACULTURE IN INDIA, WE CONDUCTED THREE IN-FIELD STUDIES ON FARMING CONDITIONS THERE. RESULTS OF THESE STUDIES MAY BE FOUND ON OUR BLOG (WWW.FWI.FISH/BLOG) AND OUR RESEARCH PAGE (WWW.FWI.FISH/RESEARCH). WE ALSO MADE SIGNIFICANT STRUCTURAL IMPROVEMENTS TO OUR RESEARCH PROCESS, INCLUDING PARTNERING WITH A LOCAL UNIVERSITY TO CONSTRUCT MODEL PONDS THAT CAN BE USED FOR FUTURE RESEARCH.
ANIMAL WELFARE
WE CONDUCTED ANOTHER IN-COUNTRY FIELD VISIT, CONTRIBUTED TO THE BEIJING CONSENSUS CONFERENCE TO PROMOTE FISH WELFARE, AND IDENTIFIED PRIORITY SPECIES FOR WHOM TO BEGIN SETTING STANDARDS WITH OUR LOCAL CHINESE PARTNERS (ICCAW). WE BUILT MANY POSITIVE RELATIONSHIPS WITH KEY CHINESE STAKEHOLDERS THAT WILL BE SIGNIFICANT FOR ADVANCING THE FIELD AND IDEA OF FISH WELFARE IN CHINA OVER THE YEARS TO COME.
THROUGH OUR SERVICE CONTRACTOR IN INDIA, WE SUPPORTED ABOUT 100 ACTIVE FARMS IN HAVING HIGHER WELFARE PRACTICES, WHICH IS 16 MORE THAN AT THE END OF THE PREVIOUS YEAR. WE WORKED WITH THESE FARMERS TO IMPROVE PRACTICES ON THE FARM, PARTICULARLY REGARDING LOWERING STOCKING DENSITIES TO SUSTAINABLE LEVELS AND IMPROVING WATER QUALITY. THIS YEAR, WE ESTIMATE THAT THIS PROGRAM IMPROVED THE LIVES OF 450,000 FISH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Haven King-Nobles Executive Director | Trustee | 40 | $32,920 |
Thomas Billington Director Of Impact And Evaluation | Trustee | 40 | $24,399 |
Andres Jimenez Zorilla Trustee, Board President | Officer | 0.25 | $0 |
Laura Gough Trustee, Board Secretary | Officer | 0.25 | $0 |
Nick Hollman Trustee, Board Treasurer | Officer | 0.25 | $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 | $687,861 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $687,861 |
| Total Program Service Revenue | $0 |
| Investment income | $20 |
| 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 | $687,881 |
| 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 | $19,742 |
| 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 | $0 |
| Fees for services: Legal | $201 |
| Fees for services: Accounting | $13,801 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $618,720 |
| Advertising and promotion | $851 |
| Office expenses | $212 |
| Information technology | $365 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $23,079 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,255 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $933 |
| Insurance | $0 |
| All other expenses | $1,331 |
| Total functional expenses | $705,135 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $134,945 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $21,795 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,611 |
| Total assets | $165,351 |
| Accounts payable and accrued expenses | $901 |
| 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 | $901 |
| Net assets without donor restrictions | $159,450 |
| Net assets with donor restrictions | $5,000 |
| 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 | $165,351 |