Fly Fishing Collaborative EIN 46-4633708

Fly Fishing Collaborative FY2023 filing

EIN  46-4633708 Public charity (501(c)(3)) Portland, OR
Form 990 (PDF)
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Size
$100K–1M
What they do
Builds aquaponic farms to fight poverty and human trafficking.
Leadership
Sean Buchstaber · Executive Director · $103K
Money in and out
$350K revenue, $377K expenses
Bottom line
28% program efficiency

Builds aquaponic farms to fight poverty and human trafficking. For fiscal year 2023 it reported $350K in revenue, $377K in expenses, and $219K in net assets.Pt I

Where the money goes · FY2023
Total revenue
$350K
Pt VIII · Ln 12
Total expenses
$377K
Pt IX · Ln 25
Net assets
$219K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$27K
Where spending went · Part IX cols B–D
Program services $0.28 Management & general $0.48 Fundraising $0.24
Program efficiency
28%
of spending reaches programs
Operating runway
6.8mo
months of highly liquid reserves at operating expense rate
Surplus margin
-8%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$350K
FY2023▼ -9%
Expenses
$377K
FY2023▼ -15%
Total assets
$228K
FY2023▼ -12%
Total liabilities
$9K
FY2023▲ +17%
Total revenue
$350K
Pt VIII · Ln 12
Total expenses
$377K
Pt IX · Ln 25
Net assets
$219K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$27K
Total assetsPt X · Ln 16$228K
Program-expense ratioPt IX · col B28%
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 $105K of program spending, described in the organization's own filed words · FY2023.
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.

$105Kprogram 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 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$102,564Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$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 & grants114%$397K
Investment income$140
Total revenueLn 12$350K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.28 Management & general $0.48 Fundraising $0.24
Program services28%$105K
Management & general48%$180K
Fundraising24%$91K
Total functional expensesLn 25$377K

Balance Sheet

Part X · end of year
CashLn 1$194K
Total assetsLn 16$228K
Total liabilitiesLn 26$9K
Total net assetsLn 32$219K
Months of cash on handcomputed6.2

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $213K · Operating expenses/yr $377K
6.8 months
Where the money goes
Program services
Program services $105K · Total expenses $377K
28%
Management & General
Management & general $180K · Total expenses $377K
48%
Fundraising
Fundraising $91K · Total expenses $377K
24%
Cost to raise $1
Fundraising expense (3-yr avg) $103K · Solicited contributions (3-yr avg) $375K
$0.27 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $397K · Total revenue $350K
114%
Government reliance
Government grants — · Total revenue $350K
Earned-income share
Program service revenue $0 · Total revenue $350K
0%
Investment reliance
Investment income $140 · Total revenue $350K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $377K
0%
Growth & trend
Revenue growth (YoY)
This year $350K · Prior year $386K
-9%
Net-asset trend (YoY)
End of year $219K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $350K · Expenses $377K
-8%
Liabilities-to-Assets
Total liabilities — · Total assets $228K
Net-asset ratio
Net assets $219K · Total assets $228K
96%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $19K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $228K
8%
People & payroll
Highest Reported Total Compensation
Individual Sean Buchstaber · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $103K · Total expenses $377K
27%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $226K · Total expenses $377K
60%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 28%
Overhead ratio 48%
Fundraising cost ratio 23%
Revenue growth -9%
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 · ⤓ 990 PDF
FY2023$350K revenue · viewing · ⤓ 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) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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