THE FISHERMAN SPORT FISHING FUND INC

EIN: 112850934 501(c)(3)

MORRIS PLAINS, NJ

Total Revenue
$48,000
Total Expenses
$56,727
Total Assets
$483,717
Net Assets
$483,717
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
NJ
Principal Officer
BRIAN NUNES-VAIS
Phone
9732166216
Tax Period
2024-01-01 to 2024-12-31

THE FISHERMAN SPORT FISHING FUND INC, founded in 2016, is a micro nonprofit that reported $48K in total revenue in fiscal year 2024. Revenue fell 81% from the prior year — a significant decline worth monitoring. Expenses of $57K exceeded revenue, resulting in a 18% operating deficit.

Mission

THE FISHERMAN SPORT FISHING FUND INC IS DEDICATED TO FUND ARTIFICIAL REEF PROJECTS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $48,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $48,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $55,371
Other Expenses $56,727
TOTAL EXPENSES $56,727

Year-over-Year Comparison

2024 2023 Change
Revenue $48,000 $255,920 -0.8%
Expenses $56,727 $110,583 -0.5%
Net Income $-8,727 $145,337 -1.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
3

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ERNEST J MOZER JR TREASURER 5.00
Director
$0 $0 $0
BRIAN NUNES-VAIS PRESIDENT 5.00
Director
$0 $0 $0
KENNETH CLARK BOARD MEMBER 3.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $48,000 $56,727 $483,717 $-8,727
2023 $255,920 $110,583 $492,443 $145,337
2021 $150,000 $130,072 $228,339 $19,928
2021 $235,610 $271,271 $172,749 $-35,661
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