FISHCHOICE INC

EIN: 261550374 501(c)(3) Environment

FORT COLLINS, CO

Total Revenue
$3,052,875
Total Expenses
$3,275,118
Total Assets
$2,063,369
Net Assets
$251,080
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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
CA
Principal Officer
RICHARD BOOT
Phone
8776420008
Tax Period
2024-01-01 to 2024-12-31

FISHCHOICE INC, founded in 2008, is a community nonprofit in the Environment sector that reported $3.1M in total revenue in fiscal year 2024. Revenue surged 29% from the prior year, signaling strong growth momentum.

Mission

FISHCHOICE INC IS ORGANIZED AS A PUBLIC CHARITY TO DECREASE THE ENVIRONMENTAL IMPACTS OF THE SEAFOOD INDUSTRY BY CREATING TOOLS TO INCREASE THE AMOUNT OF SEAFOOD PURCHASED FROM SUSTAINABLE SOURCES AND DECREASE THE AMOUNT OF SEAFOOD PURCHASED FROM SOURCES THAT DEGRADE THE ENVIRONMENT.

Program Service Accomplishments

Program 1
Expenses: $1,399,217

FISHCHOICE HAS DESIGNED, DEVELOPED NOW MANAGES A SOPHISTICATED WEB SITE THAT PROVIDES THE FOLLOWING: PLEASE VISIT OUR WEBSITE AT WWW.FISHCHOICE.COM. 1) COMMERCIAL SEAFOOD BUYERS ARE CONNECTED WITH...

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FISHCHOICE HAS DESIGNED, DEVELOPED NOW MANAGES A SOPHISTICATED WEB SITE THAT PROVIDES THE FOLLOWING: PLEASE VISIT OUR WEBSITE AT WWW.FISHCHOICE.COM. 1) COMMERCIAL SEAFOOD BUYERS ARE CONNECTED WITH THE MOST ENVIRONMENTALLY PREFERRED AND SUSTAINABLE SEAFOOD SUPPLIERS. SUSTAINABLE SEAFOOD IS FISH AND SHELLFISH THAT IS CAUGHT OR FARMED IN WAYS THAT MAINTAIN HEALTHY POPULATIONS AND HAVE MINIMUM IMPACT ON THE ENVIRONMENT. 2 CONSUMERS OF SEAFOOD PRODUCTS ARE DIRECTED TO A WEB PAGE DESIGNED FOR CONSUMERS THAT EDUCATES THE PUBLIC ABOUT WHERE THEY CAN PURCHASE SEAFOODS FROM RESTAURANTS OR RETAILERS THAT CARRY SUSTAINABLE SEAFOODS. 3) ALL SEAFOOD PRODUCTS FEATURED ON THE FISHCHOICE WEB SITE MEET THE STRICT RANKING AND CERTIFICATION CRITERIA OF AT LEAST ONE OF THE ENVIRONMENTAL COMMUNITY'S LEADING ORGANIZATIONS. 4) FISHCHOICE DOESN'T DO ANY OF THE RANKING OR CERTIFICATION. THE CHARITY TAKES THE CRITERIA AND APPLIES IT TO MATCHING SEAFOOD PRODUCTS. 5) FISHCHOICE COLLABORATES WITH NINE OF THE WORLD'S LEADING ENVIRONMENTAL ORGANIZATIONS TO MAKE SUSTAINABLE AND ENVIRONMENTALLY PREFERABLE SEAFOOD MORE EASILY ACCESSIBLE. THESE ORGANIZATIONS ARE AS FOLLOWS: AQUACULTURE STEWARDSHIP COUNCIL, NATIONAL OCEANOGRAPHIC AND ATMOSPHERIC ADMINISTRATION (NOAA), FOOD ALLIANCE, FAIR TRADE, FISHWISE, MARINE STEWARDSHIP COUNCIL, MONTEREY BAY AQUARIUMS SEAFOOD WATCH PROGRAM, NEW ENGLAND AQUARIUM, AND SEACHOICE. FISHCHOICE ALSO CONTAINS A SOPHISTICATED ASSESSMENT TOOL THAT SEAFOOD BUSINESSES USE TO DETERMINE THE SUSTAINABILITY OF THEIR SEAFOOD OFFERINGS.

Program 2
Expenses: $1,147,358

FISHCHOICE HAS DEVELOPED AN ONLINE TOOL TO TRACK THE IMPROVEMENTS OF FISHERIES GLOBALLY. OVER 90% OF GLOBAL FISHERY IMPROVEMENT PROJECTS THAT ARE RUN BY VARIOUS NGO'S AROUND THE GLOBE ARE TRACKED IN...

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FISHCHOICE HAS DEVELOPED AN ONLINE TOOL TO TRACK THE IMPROVEMENTS OF FISHERIES GLOBALLY. OVER 90% OF GLOBAL FISHERY IMPROVEMENT PROJECTS THAT ARE RUN BY VARIOUS NGO'S AROUND THE GLOBE ARE TRACKED IN ONE PLACE, FISHERYPROGRESS.ORG. THIS ENABLES GOVERNMENTS, NGO'S AND INDUSTRY TO EFFICIENTLY PUSH FOR IMPROVEMENTS THAT LEAD TO MORE SUSTAINABLE FISHERIES. FISHERYPROGRESS.ORG IS OVERSEEN BY AN ADVISORY COMMITTEE AND MANAGED DAY TO DAY BY FISHCHOICE.

Program 3
Expenses: $251,859

ORGANIZATION PERSONNEL HAVE ATTENDED NUMEROUS SEAFOOD INDUSTRY CONFERENCES IN ORDER TO EDUCATE BUYERS AND SUPPLIERS OF SEAFOOD PRODUCTS ABOUT FISHCHOICE AND HOW THE ORGANIZATION'S WEBSITE CAN BE USED...

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ORGANIZATION PERSONNEL HAVE ATTENDED NUMEROUS SEAFOOD INDUSTRY CONFERENCES IN ORDER TO EDUCATE BUYERS AND SUPPLIERS OF SEAFOOD PRODUCTS ABOUT FISHCHOICE AND HOW THE ORGANIZATION'S WEBSITE CAN BE USED BY THE SEAFOOD INDUSTRY TO INCREASE PURCHASES OF SUSTAINABLE SEAFOOD PRODUCTS AND DECREASE DEMAND PRESSURES ON FISHES AND AQUACULTURE THAT ARE NOT SUSTAINABLE. KNOWLEDGE GLEANED AT THESE CONFERENCES ALLOWS FISHCHOICE TO DEFINE POLICIES AND PROCEDURES IN A MANNER COMPATIBLE WITH OTHER NONPROFIT ENTITIES OPERATING IN THE SAME OR SIMILAR NATIONAL AND GLOBAL ENVIRONMENT SPACE.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,008,642
Program Service Revenue $0
Investment Income $44,233
Other Revenue $0
TOTAL REVENUE $3,052,875

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,922,523
Fundraising Expenses $103,858
Program Expenses $2,798,434
Other Expenses $1,352,595
TOTAL EXPENSES $3,275,118

Year-over-Year Comparison

2024 2023 Change
Revenue $3,052,875 $2,365,264 +0.3%
Expenses $3,275,118 $3,145,740 +0.0%
Net Income $-222,243 $-780,476 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
4
Independent Members
3
Employees
12
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
3
$215,555
Total Directors
4
$215,555
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD BOOT PRESIDENT/CEO 40.00
Officer Director
$203,896 $11,659 $215,555
KRISTIN SHERWOOD DIRECTOR OF PROGRAMS 40.00
Highest
$182,550 $10,815 $193,365
BRETT GALIMIDI DIRECTOR OF TECHNOLOGY 40.00
Highest
$162,916 $28,772 $191,688
JEREMY RUDE FISHERY PROGRESS PROGRAM MANAGER 40.00
Highest
$134,145 $9,507 $143,652
RYAN CRAIG SECRETARY 0.50
Officer Director
$0 $0 $0
BETH HUTCHINSON TREASURER 0.50
Officer Director
$0 $0 $0
BARTON SEAVER DIRECTOR 0.50
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 $3,052,875 $3,275,118 $2,063,369 $-222,243
2023 $2,365,264 $3,145,740 $1,144,749 $-780,476
2022 $2,626,699 $3,059,995 $2,889,515 $-433,296
2021 $3,407,633 $2,521,743 $1,720,335 $885,890
2020 $1,680,824 $1,803,170 $873,986 $-122,346
2019 $1,909,587 $1,646,626 $807,800 $262,961
2018 $1,468,432 $1,449,040 $499,957 $19,392
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