EAST FARM COMMERCIAL FISHERIES

EIN: 352227114 Food, Agriculture & Nutrition

WAKEFIELD, RI

Total Revenue
$415,980
Total Expenses
$355,655
Total Assets
$290,664
Net Assets
$290,664
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
RI
Principal Officer
FRED MATTERA
Phone
4017414178
Tax Period
2024-01-01 to 2024-12-31

EAST FARM COMMERCIAL FISHERIES, founded in 2003, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $416K in total revenue in fiscal year 2024. Expenses of $356K left a modest 15% surplus.

Mission

TO REPRESENT A UNIFIED VOICE FROM A DIVERSIFIED FISHERY ON ISSUES THAT ARE OF COMMON CONCERN TO THE COMMERCIAL FISHERY.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $150,661
Program Service Revenue $261,495
Investment Income $3,824
Other Revenue $0
TOTAL REVENUE $415,980

Expense Breakdown

Grants Paid $0
Salaries & Benefits $223,601
Fundraising Expenses $0
Program Expenses $303,072
Other Expenses $132,054
TOTAL EXPENSES $355,655

Year-over-Year Comparison

2024 2023 Change
Revenue $415,980 $388,202 +0.1%
Expenses $355,655 $508,277 -0.3%
Net Income $60,325 $-120,075 -1.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
9
Independent Members
9
Employees
6
Volunteers
N/A

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
1
$100,000
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRISTOPHER BROWN PRESIDENT 5.00
Director
$0 $0 $0
MICHAEL MARCHETTI TREASURER 5.00
Director
$0 $0 $0
GREGORY MATARONAS VICE-PRESIDENT 5.00
Director
$0 $0 $0
BRIAN THIBEAULT SECRETARY 5.00
Director
$0 $0 $0
RICK BELLAVANCE DIRECTOR 5.00
Director
$0 $0 $0
LANNY DELLINGER DIRECTOR 5.00
Director
$0 $0 $0
ALAN EAGLES DIRECTOR 5.00
Director
$0 $0 $0
MICHAEL MCGIVNEY DIRECTOR 5.00
Director
$0 $0 $0
TODD SUTTON DIRECTOR 5.00
Director
$0 $0 $0
FRED MATTERA EXECUTIVE DIRECTOR 40.00
Officer
$100,000 $0 $100,000
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 $415,980 $355,655 $290,664 $60,325
2023 $388,202 $508,277 $220,839 $-120,075
2022 $706,212 $462,377 $340,914 $243,835
2021 $464,928 $400,883 $101,420 $64,045
2020 $202,521 $250,720 $33,034 $-48,199
2019 $253,355 $239,167 $81,233 $14,188
2018 $249,850 $227,703 $67,045 $22,147
Explore More Nonprofits
Top 100 Nonprofits in Rhode Island Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare EAST FARM COMMERCIAL FISHERIES with other nonprofits in Rhode Island and across the country.