Pacific Shellfish Institute FY2022 filing

Tax-deductible

Olympia, WA501(c)(3)Since 2004Science & TechnologyEIN 91-1703218Revenue $940K in FY2022

On file with the IRSpacshell.org120 State Ave Ne 1056, 98501-1131 · Olympia, WATax-exempt since Oct 2004Publicly supported charity — 170(b)(1)(A)(vi)

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Fostering sustainable Shellfish resources and a healthy marine environment through research and education.

501(c)(3) charity; gifts are tax-deductible.
94¢ of each $1 spent went to programs.
$57K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $31K a year · 3% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
94%
of spending
Looks good: 94% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$57K
to officers and key staff · 6% of spending
Looks good: pay to officers and key staff is 6% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.5 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $36K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$230K
69% of total assets
Worth a look: liabilities are 69% of assets; over 65%.
Pt X · Ln 26
Independent board members
14
of 14 voting members
Looks good: 14 of 14 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$940K
+1% vs prior year
Spent
$963K
To programs
94%
Net assets
$103K
By yearFY2020–FY2025
Revenue
$940K
FY2022▲ +1%
Tap a bar for its year
Revenue by fiscal year
FY2020$692K
FY2021$930K
FY2022$940K
FY2023$1.1M
FY2024$1.3M
FY2025$1.3M
Expenses
$963K
FY2022▲ +10%
Tap a bar for its year
Expenses by fiscal year
FY2020$697K
FY2021$877K
FY2022$963K
FY2023$1.1M
FY2024$1.3M
FY2025$1.2M
Net assets
$103K
FY2022▼ -34%
Tap a bar for its year
Net assets by fiscal year
FY2020$91K
FY2021$157K
FY2022$103K
FY2023$121K
FY2024$137K
FY2025$265K

From the FY2022 Form 990 (year ending August 2022) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 2004.

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

Where the money goes

94 cents of each dollar spent went to programs.

Program services 94% · $902K Management & general 5% · $52K Fundraising 1% · $9K

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

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Who runs it and what they're paid

15 people listed on the 990; $57K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Executive Director
$57,484Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
President
$0Pt VII · Sec A

Roberta Hudson’s $106K as Executive Director is at the 14th percentile of top reported officer pay among 363 $1–10M science & technology 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

NameFY2025FY2024FY2023FY2022FY2021FY2020
Roberta Hudson$105,876$98,221$77,251$57,484$53,163$52,474

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.

See Pacific Shellfish Institute executive salaries →

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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 15aYes

Programs and updates

Promotes healthy oceans and sustainable shellfish by funding research and education.

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Provided by the organization

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2 programs · $902K · in their own filed words · FY2021
01

Psi research services are mission-focused to support shellfish production and marine water quality on the U.S. West coast.

$857Kprogram expense
02

Psi environmental education services are also mission-focused for education and outreach related to marine ecology and nearshore water quality.

$45Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$36K

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$940K
Ln 12
Gifts and grantsLn 1h$937K
Other incomeLn 4–11$2K
Money outPt IX
$963K
Ln 25
Programscol B$902K
Managementcol C$52K
Fundraisingcol D$9K
Owns and owesPt X
$103K
net assets · Ln 32
Cash and savingsLn 1–2$41K
Total assetsLn 16$333K
LiabilitiesLn 26$230K
PeoplePt VI, VII
15
listed · VII A
PaidVII A1
Voting boardVI 1a14
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$937K
Government grantsLn 1e$885K
Other incomeLn 4–11$2K
Total revenueLn 12$940K
Assets in detailPt X, end of year
CashLn 1$41K
Cash and savings togetherLn 1–2$41K
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$333K
LiabilitiesLn 26$230K
Net assetsLn 32$103K
OperationsPt I, VI
EmployeesI 521
VolunteersI 60
Fiscal year endsHeaderAugust
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$34K$41K
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$212K$333K
LiabilitiesLn 26$55K$230K
Net assetsLn 32$157K$103K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$72K$66K$5K$1K
Other salaries and wagesLn 7$333K$304K$23K$6K
Pension plan contributionsLn 8$8K$7K$554$143
Other employee benefitsLn 9$16K$14K$1K$272
Payroll taxesLn 10$40K$37K$3K$706
Accounting feesLn 11c$17K$17K
Other fees for servicesLn 11g$4K$4K
Office expensesLn 13$5K$5K$359$93
OccupancyLn 16$33K$30K$2K$577
TravelLn 17$26K$26K
InsuranceLn 23$4K$4K$292$75
Other expenses (24a–d)Ln 24$405K$404K$550$142
Total functional expensesLn 25$963K$902K$52K$9K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.3M$1.2M$128K$265K 990 PDF
FY2024 $1.3M$1.3M$15K$137K 990 PDF
FY2023 $1.1M$1.1M$18K$121K 990 PDF
FY2022 Viewing $940K$963K−$23K$103K 990 PDF
FY2021 $930K$877K$53K$157K 990 PDF
FY2020 $692K$697K−$5K$91K 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
See the full FY2022 990 (6 parts)
Part I · Summary $939,696 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $991,922$937,270
I-9 Program service revenuePrior year $18,206$0
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$2,426
I-12 Total revenuePrior year $1,010,128$939,696
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $451,042$469,162
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $425,624$493,951
I-18 Total expensesPrior year $876,666$963,113
I-19 Revenue less expensesPrior year $133,462−$23,417
Part VI · Governance 14 of 14 board members independent, no flags
VI-1a Voting members of the governing body14
VI-1b Independent voting members14
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $939,696 across 5 lines filed
VIII-1e Government grants$884,752
VIII-1f All other contributions, gifts and grants$52,518
VIII-1h Total contributions, gifts and grants$937,270
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $2,426$2,426
VIII-12 Total revenueRelated to mission $2,426 · Unrelated business $0 · Excluded from tax $0$939,696
Part IX · Statement of functional expenses $963,113 across 12 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $66,066 · Management $4,888 · Fundraising $1,262$72,216
IX-7 Other salaries and wagesPrograms $304,444 · Management $22,526 · Fundraising $5,815$332,785
IX-8 Pension plan contributionsPrograms $7,481 · Management $554 · Fundraising $143$8,178
IX-9 Other employee benefitsPrograms $14,245 · Management $1,054 · Fundraising $272$15,571
IX-10 Payroll taxesPrograms $36,970 · Management $2,736 · Fundraising $706$40,412
IX-11c Accounting feesManagement $16,767$16,767
IX-11g Other fees for servicesPrograms $4,325$4,325
IX-13 Office expensesPrograms $4,849 · Management $359 · Fundraising $93$5,301
IX-16 OccupancyPrograms $30,231 · Management $2,237 · Fundraising $577$33,045
IX-17 TravelPrograms $25,559$25,559
IX-23 InsurancePrograms $3,944 · Management $292 · Fundraising $75$4,311
IX-24 Other expenses (24a–d)Programs $403,951 · Management $550 · Fundraising $142$404,643
IX-25 Total functional expensesPrograms $902,065 · Management $51,963 · Fundraising $9,085$963,113
Part X · Balance sheet $333,461 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $33,917$41,476
X-4 Accounts receivableStart of year $174,299$283,283
X-9 Prepaid expenses and deferred chargesStart of year $3,924$8,702
X-10c Land, buildings and equipment, netStart of year $0$0
X-16 Total assetsStart of year $212,140$333,461
X-17 Accounts payable and accrued expensesStart of year $20,855$211,744
X-26 Total liabilitiesStart of year $55,176$230,283
X-27 Net assets without donor restrictionsStart of year $140,115$88,393
X-28 Net assets with donor restrictionsStart of year $16,849$14,785
X-32 Total net assets or fund balancesStart of year $156,964$103,178
X-33 Total liabilities and net assetsStart of year $212,140$333,461
Part XI · Reconciliation of net assets $103,178 net assets at year end
XI-1 Total revenue$939,696
XI-2 Total expenses$963,113
XI-3 Revenue less expenses−$23,417
XI-4 Net assets at start of year$156,964
XI-8 Prior period adjustments−$30,369
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$103,178

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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