FISHCHOICE INC (EIN 261550374) - Form 990 Financial Analysis & Trantor Score

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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

2008

Legal Domicile

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

DECREASE THE ENVIRONMENTAL IMPACTS OF THE SEAFOOD INDUSTRY

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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%)

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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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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$215,555

Total Directors

$215,555

Key Employees

Highest Compensated

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

FISHCHOICE INC