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Nonprofiteer
← SUSTAINABLE FISHERIES PARTNERSHIP FOUNDATION

Form 990 for tax year 2023

Filed by SUSTAINABLE FISHERIES PARTNERSHIP FOUNDATION.

Totals

Total revenue
$10,420,043
Total expenses
$9,218,884
Contributions and grants received
$9,906,152
Grants paid
$50,802
Program service revenue
$442,926
Investment income
$70,965
Other revenue
$0
Total assets, end of year
$7,761,531
Total liabilities, end of year
$1,051,509
Net assets or fund balances, end of year
$6,710,022
Program services expenses (Part IX)
$7,142,484
Management and general expenses
$1,787,621
Fundraising expenses
$288,779
Program service expenses (Part III)
$7,142,484

Program services were 77.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $804,490

  • 1f · All other contributions, gifts and grants

    $9,101,662

  • 2a · Program service revenue: METRICS INCOME

    total $237,459 · unrelated business $237,459

  • 2b · Program service revenue: FISHERY TECHNICAL SUPP

    total $205,467 · related or exempt $205,467

  • 3 · Investment income

    total $70,965 · excluded $70,965

Functional expenses

Part IX, the statement of functional expenses.

  • 3 · Grants to foreign organizations and individuals

    total $50,802 · program services $50,802

  • 5 · Compensation of officers, directors and key employees

    total $724,484 · program services $312,038 · management and general $412,446

  • 7 · Other salaries and wages

    total $4,284,048 · program services $3,391,159 · management and general $688,046 · fundraising $204,843

  • 8 · Pension plan contributions

    total $59,124 · program services $47,142 · management and general $6,459 · fundraising $5,523

  • 9 · Other employee benefits

    total $385,102 · program services $248,599 · management and general $102,362 · fundraising $34,141

  • 10 · Payroll taxes

    total $496,185 · program services $384,206 · management and general $88,887 · fundraising $23,092

  • 11b · Fees: legal

    total $6,893 · management and general $6,893

  • 11c · Fees: accounting

    total $39,948 · management and general $39,948

  • 11g · Fees: other

    total $2,037,336 · program services $1,832,563 · management and general $189,812 · fundraising $14,961

  • 12 · Advertising and promotion

    total $6,300 · management and general $6,300

  • 13 · Office expenses

    total $117,367 · program services $62,472 · management and general $53,107 · fundraising $1,788

  • 14 · Information technology

    total $48,433 · program services $24,509 · management and general $23,824 · fundraising $100

  • 17 · Travel

    total $487,971 · program services $410,614 · management and general $73,026 · fundraising $4,331

  • 19 · Conferences, conventions and meetings

    total $316,809 · program services $309,874 · management and general $6,935

  • 23 · Insurance

    total $43,213 · management and general $43,213

  • 24a · Other expenses: DUES AND SUBSCRIPTIONS

    total $40,106 · program services $16,758 · management and general $23,348

  • 24b · Other expenses: EQUIPMENT EXPENSE

    total $33,039 · program services $33,039

  • 24c · Other expenses: LOSS EXCHANGE RATE

    total $18,537 · program services $766 · management and general $17,771

  • 24d · Other expenses: MISC.

    total $17,192 · program services $13,629 · management and general $3,563

  • 24e · All other expenses

    total $5,995 · program services $4,314 · management and general $1,681

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $4,074,246 · end of year $4,354,821

  • 2 · Savings and temporary cash investments

    beginning of year $1,504,383 · end of year $1,309,069

  • 3 · Pledges and grants receivable

    beginning of year $314,504 · end of year $1,463,305

  • 4 · Accounts receivable

    end of year $175,677

  • 9 · Prepaid expenses and deferred charges

    beginning of year $86,697 · end of year $265,152

  • 15 · Other assets

    beginning of year $360,028 · end of year $193,507

  • 17 · Accounts payable and accrued expenses

    beginning of year $751,127 · end of year $826,494

  • 19 · Deferred revenue

    beginning of year $79,868 · end of year $225,015

  • 27 · Net assets without donor restrictions

    beginning of year $1,827,264 · end of year $1,359,896

  • 28 · Net assets with donor restrictions

    beginning of year $3,681,599 · end of year $5,350,126

Mission and programs · 2023

Mission

TO ENGAGE AND CATALYZE GLOBAL SEAFOOD SUPPLY CHAINS IN REBUILDING DEPLETED FISH STOCKS AND REDUCING THE ENVIRONMENTAL IMPACTS OF FISHING AND FISH FARMING.

  • SEE SCHEDULE O

    Expenses $7,142,484 · Grants $50,802 · Revenue $205,467

  • SEE SCHEDULE O

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Jean-Louis Meuric

    CHAIR

    Total calculated
    $0
    Hours/week
    2
  • Cat Dorey

    VICE-CHAIR

    Total calculated
    $0
    Hours/week
    2
  • Manish Kumar

    TREASURER

    Total calculated
    $0
    Hours/week
    2
  • Ed Rhodes

    SECRETARY

    Total calculated
    $0
    Hours/week
    2
  • Susanna Fuller

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Andrew Hudson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Aoife Martin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Cristina Rumbaitis Del Rio

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Bambi Semroc

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Andrew Yanagihara

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • James Cannon

    ASSISTANT SECRETARY, CEO

    Total calculated
    $347,829
    From this org
    $320,327
    From related orgs
    $0
    Other
    $27,502
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $320,327
    Bonus
    $0
    Other
    $0
    Deferred
    $12,869
    Nontaxable benefits
    $14,633
    Filer's total
    $347,829
  • Andrei Klimenko

    CHIEF OPERATING OFFICER

    Total calculated
    $220,119
    From this org
    $194,892
    From related orgs
    $0
    Other
    $25,227
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $194,892
    Bonus
    $0
    Other
    $0
    Deferred
    $7,618
    Nontaxable benefits
    $17,609
    Filer's total
    $220,119
  • Chisa Woodley

    CHIEF FINANCIAL OFFICER

    Total calculated
    $160,645
    From this org
    $147,098
    From related orgs
    $0
    Other
    $13,547
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $147,098
    Bonus
    $0
    Other
    $0
    Deferred
    $5,884
    Nontaxable benefits
    $7,663
    Filer's total
    $160,645
  • Kathryn Novak

    BIODIVERSITY AND NATURE DIRECTOR

    Total calculated
    $172,020
    From this org
    $149,668
    From related orgs
    $0
    Other
    $22,352
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $149,668
    Bonus
    $0
    Other
    $0
    Deferred
    $6,094
    Nontaxable benefits
    $16,258
    Filer's total
    $172,020
  • Charles Burg

    DEVELOPMENT AND GOV RELATIONS DIRECTOR

    Total calculated
    $188,752
    From this org
    $146,649
    From related orgs
    $0
    Other
    $42,103
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $146,649
    Bonus
    $0
    Other
    $0
    Deferred
    $6,114
    Nontaxable benefits
    $35,989
    Filer's total
    $188,752
  • Braddock Spear

    GLOBAL POLICY DIRECTOR

    Total calculated
    $182,279
    From this org
    $142,233
    From related orgs
    $0
    Other
    $40,046
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $142,233
    Bonus
    $0
    Other
    $0
    Deferred
    $6,094
    Nontaxable benefits
    $33,952
    Filer's total
    $182,279
  • David Martin

    DIRECTOR SUPPLY CHAIN ROUNDTABLES

    Total calculated
    $158,469
    From this org
    $140,956
    From related orgs
    $0
    Other
    $17,513
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $140,956
    Bonus
    $0
    Other
    $0
    Deferred
    $5,952
    Nontaxable benefits
    $11,561
    Filer's total
    $158,469
  • Courtney Sakai

    CHIEF STRATEGY & COMM OFFICER

    Total calculated
    $141,187
    From this org
    $125,100
    From related orgs
    $0
    Other
    $16,087
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
12 September 2024
IRS schema version
2023v5.1
Source object
202432679349301308

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