Fly Fishing Collaborative EIN 46-4633708

Fly Fishing Collaborative

EIN  46-4633708 Public charity (501(c)(3)) Portland, OR
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Builds aquaponic farms to fight poverty and human trafficking.
Leadership
Sean Buchstaber · Executive Director · $104K
Money in and out
$614K revenue, $477K expenses
Bottom line
49% program efficiency

Builds aquaponic farms to fight poverty and human trafficking. For fiscal year 2024 it reported $614K in revenue, $477K in expenses, and $346K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$614K
Pt VIII · Ln 12
Total expenses
$477K
Pt IX · Ln 25
Net assets
$346K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $137K
Where spending went · Part IX cols B–D
Program services $0.49 Management & general $0.29 Fundraising $0.22
Program efficiency
49%
of spending reaches programs▲ +75% vs prior filing year
Operating runway
9.0mo
months of highly liquid reserves at operating expense rate▲ +32% vs prior filing year
Surplus margin
+22%
revenue over expenses, this year▲ +386% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$614K
FY2024▲ +76%
Expenses
$477K
FY2024▲ +27%
Total assets
$360K
FY2024▲ +58%
Total liabilities
$14K
FY2024▲ +52%
Total revenue
$614K
Pt VIII · Ln 12
Total expenses
$477K
Pt IX · Ln 25
Net assets
$346K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$137K
Total assetsPt X · Ln 16$360K
Program-expense ratioPt IX · col B49%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 47
Mission & Programs · Part III

Where the work happens

1 program service account for $233K of program spending, described in the organization's own filed words · FY2024.
01

Empowering communities by building aquaponic farms that provide food and a source of income for villages and safe homes. Our aquaponic farms contribute to the effectiveness of organizations that work to save children's lives and give them hope for a better future and help prevent them from entering sex-slavery.

$233Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CFly Fishing Collaborative
EINHdr · item D46-4633708
Principal addressHdr · item CPortland, OR
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOR
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFRecreation & Sports (N99)
Ruling yearIRS BMFJul 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$104,364Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Sean Buchstaber’s $104K as Executive Director is at the 93rd percentile of top reported officer pay among 1018 $100K–1M recreation & sports nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

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

NameFY2024FY2023FY2022FY2021FY2020
Sean Buchstaber$104,364$102,564$97,680$104,460$88,800

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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Statement of Revenue

Part VIII
Contributions & grants$567K · 92%
Other revenue$47K · 8%
Contributions & grants92%$567K
Other revenue8%$47K
Investment income$64
Total revenueLn 12$614K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.49 Management & general $0.29 Fundraising $0.22
Program services49%$233K
Management & general29%$138K
Fundraising22%$105K
Total functional expensesLn 25$477K

Balance Sheet

Part X · end of year
CashLn 1$341K
Total assetsLn 16$360K
Total liabilitiesLn 26$14K
Total net assetsLn 32$346K
Months of cash on handcomputed8.6

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $360K · Operating expenses/yr $477K
9.0 months
Where the money goes
Program services
Program services $233K · Total expenses $477K
49%
Management & General
Management & general $138K · Total expenses $477K
29%
Fundraising
Fundraising $105K · Total expenses $477K
22%
Cost to raise $1
Fundraising expense (3-yr avg) $97K · Solicited contributions (3-yr avg) $432K
$0.23 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $567K · Total revenue $614K
92%
Government reliance
Government grants — · Total revenue $614K
Earned-income share
Program service revenue $0 · Total revenue $614K
0%
Investment reliance
Investment income $64 · Total revenue $614K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $477K
0%
Growth & trend
Revenue growth (YoY)
This year $614K · Prior year $350K
+76%
Revenue CAGR
FY2020 $417K · FY2024 $614K
+10%
Net-asset trend (YoY)
End of year $346K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $614K · Expenses $477K
+22%
Liabilities-to-Assets
Total liabilities — · Total assets $360K
Net-asset ratio
Net assets $346K · Total assets $360K
96%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $19K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $360K
5%
People & payroll
Highest Reported Total Compensation
Individual Sean Buchstaber · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $104K · Total expenses $477K
22%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $221K · Total expenses $477K
46%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 49%
Overhead ratio 29%
Fundraising cost ratio 19%
Revenue growth 76%
Accounting fee ratio 4%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 7 funders →
Grants paid · 2 grants · $68K · 2020–2021
Safety CompassOR · FY2021$40,000
Safety CompassOR · FY2020$28,000

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$614K revenue · viewing · ⤓ 990 PDF
FY2023$350K revenue · ⤓ 990 PDF
FY2022$386K revenue · ⤓ 990 PDF
FY2021$454K revenue · ⤓ 990 PDF
FY2020$417K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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