Future Angler Foundation INC

Forestville, WIUnknown exempt organizationEIN 45-5330350

The future angler foundation's mission is to create new anglers by working with individuals and organizations throughout the united states to expose potential new anglers of all ages to the sport of fishing and educate them on how to catch fish and protect the resource.

97¢ of each $1 spent went to programs.
Run by 7 volunteers.
Mission: Form 990 Part I, line 1 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 4
filings with a surplus
Average deficit $6K a year · 2% of revenue · last 4 filings
Worth a look: a surplus in 2 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
97%
of spending
Looks good: 97% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$41K
to officers and key staff · 14% of spending
Looks good: pay to officers and key staff is 14% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
1 mo
of spending, in cash
Fine: 1.2 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $5K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
total owed
No data yet: the filing does not give total assets.
Pt X · Ln 26
Independent board members
6
of 7 voting members
Looks good: 6 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$213K
-26% vs prior year
Spent
$288K
To programs
97%
Net assets
$0
By yearFY2020–FY2024
Revenue
$213K
FY2024▼ -26%
Revenue by fiscal year
FY2020$287K
FY2021$357K
FY2022$288K
FY2024$213K
Expenses
$288K
FY2024▼ -16%
Expenses by fiscal year
FY2020$235K
FY2021$306K
FY2022$342K
FY2024$288K
Net assets
$0
FY2024▼ -100%
Net assets by fiscal year
FY2020$96K
FY2021$147K
FY2022$93K
FY2024$0

From the FY2024 Form 990 (year ending October 2024) · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

97 cents of each dollar spent went to programs.

Program services 97% · $280K Management & general 3% · $8K Fundraising 0% · $83

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

13 people listed on the 990; $41K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
President/Treasurer
$23,017Pt VII · Sec A
President/Treasurer
$18,140Pt VII · Sec A
Director
$0Pt VII · Sec A
Director/ Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2022FY2021FY2020
Patrick Neu$18,140$15,288$13,575$20,124

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Introduces people of all ages to fishing, teaching them to catch fish and protect resources.

Provided by the organization

This section is blank until Future Angler Foundation INC claims this page.

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4 program services account for $460K of program spending, described in the organization's own filed words · FY2023.
01

Getting families fishing is a collaborative program with several government agencies, and ngo's that is funded through various grants and executed by "into the outdoors" education network (discover media works). This program utilizes made for television programming and corresponding curriculum to teach angling basics.

$181Kprogram expense
02

Getting families fishing is a collaborative program with several government agencies, and ngo's that is funded through various grants and executed by "into the outdoors" education network (discover media works). This program utilizes made for television programming and corresponding curriculum to teach angling basics.

$147Kprogram expense
03

The future angler foundation is working with the industry and government angencies to help support and create new programs that are attracting new anglers. The faf through a grant in 2023 helped the forest service distribute ROD/REEL combinations that the foundation purchased with grant funds and distributed to forest service regions and…

$79Kprogram expense
04

The future angler foundation supports angling educational events conducted by volunteers who share their passion and knowledge of angling with potential new anglers. In 2024 107 in person future angler events were supported by the foundation.

$54Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 2 funders$5K
Grants paid · 5 grants · $213K · 2020–2023

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$213K
Ln 12
Gifts and grantsLn 1h$263K
Money outPt IX
$288K
Ln 25
Programscol B$280K
Managementcol C$8K
Fundraisingcol D$83
Owns and owesPt X
$0
net assets · Ln 32
Cash and savingsLn 1–2$29K
Total assetsLn 16$0
LiabilitiesLn 26$0
PeoplePt VI, VII
13
listed · VII A
PaidVII A2
Voting boardVI 1a7
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$263K
Government grantsLn 1e$210K
Total revenueLn 12$213K
Assets in detailPt X, end of year
Cash and savings togetherLn 1–2$29K
Total assetsLn 16$0
LiabilitiesLn 26$0
Net assetsLn 32$0
OperationsPt I, VI
EmployeesI 50
VolunteersI 67
Fiscal year endsHeaderOctober
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13Yes
Records policyVI 14No

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $213K$288K−$74K$0 990 PDF
FY2023 Not on file
FY2022 $288K$342K−$54K$93K 990 PDF
FY2021 $357K$306K$51K$147K 990 PDF
FY2020 $287K$235K$52K$96K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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