FUTURE ANGLER FOUNDATION INC

EIN: 455330350 501(c)(3)

FORESTVILLE, WI

Total Revenue
$213,233
Total Expenses
$287,500
Total Assets
N/A
Net Assets
N/A
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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
WI
Principal Officer
PATRICK NEU
Phone
9203656051
Tax Period
2024-01-01 to 2024-10-31

FUTURE ANGLER FOUNDATION INC, founded in 2012, is a small nonprofit that reported $213K in total revenue in fiscal year 2023. Revenue decreased 19% compared to the prior year. Expenses of $288K exceeded revenue, resulting in a 35% operating deficit.

Mission

THE MISSION OF THE ORGANIZATION IS TO CREATE NEW ANGLERS" BY WORKING WITH INDIVIDUALS AND ORGANIZATIONS THROUGHOUT THE UNITED STATES TO EXPOSE POTENTIAL NEW ANGLERS OF ALL AGES TO THE SPORT OF FISHING AND EDUCATE THEM ON HOW TO CATCH FISH AND PROTECT THE RESOURCE.

Program Service Accomplishments

Program 1
Expenses: $146,770 Revenue: $135,228

GETTING FAMILIES FISHING IS A COLLABORATIVE PROGRAM WITH SEVERAL GOVERNMENT AGENCIES, AND NGO'S THAT IS FUNDED THROUGH VARIOUS GRANTS AND EXECUTED BY "INTO THE OUTDOORS" EDUCATION NETWORK (DISCOVER...

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GETTING FAMILIES FISHING IS A COLLABORATIVE PROGRAM WITH SEVERAL GOVERNMENT AGENCIES, AND NGO'S THAT IS FUNDED THROUGH VARIOUS GRANTS AND EXECUTED BY "INTO THE OUTDOORS" EDUCATION NETWORK (DISCOVER MEDIA WORKS). THIS PROGRAM UTILIZES MADE FOR TELEVISION PROGRAMMING AND CORRESPONDING CURRICULUM TO TEACH ANGLING BASICS. THIS CONTENT IS AVAILABLE ON A "FREE SOURCE" SYSTEM TO ANY ORGANIZATION THAT WOULD LIKE TO USE IT IN THEIR PROGRAMS, INCLUDING SCHOOL SYSTEMS ACCROSS THE U.S. THE PROGRAMMING IS ALSO AVAILABLE AT NO CHARGE TO PBS AND OTHER NETWORKS. THE PROGRAMS DISTRIBUTION INCREASED DRAMATICALLY IN 2020 TO SEVERAL MILLION VIEWS PER EPISODE. THE PROGRAM HAS GROWN EVEN MORE IN 2023 AND 2024 WITH CONTINUED PROMOTION OF THE PROGRAM AND THE ADDITION OF TWO BOATING SAFETY SEGMENTS IN 2024 THAT WERE FUNDED BY THE U.S.COAST GUARD GRANT.

Program 2
Expenses: $54,353 Revenue: $39,955

THE FUTURE ANGLER FOUNDATION SUPPORTS ANGLING EDUCATIONAL EVENTS CONDUCTED BY VOLUNTEERS WHO SHARE THEIR PASSION AND KNOWLEDGE OF ANGLING WITH POTENTIAL NEW ANGLERS. IN 2024 107 IN PERSON FUTURE...

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THE FUTURE ANGLER FOUNDATION SUPPORTS ANGLING EDUCATIONAL EVENTS CONDUCTED BY VOLUNTEERS WHO SHARE THEIR PASSION AND KNOWLEDGE OF ANGLING WITH POTENTIAL NEW ANGLERS. IN 2024 107 IN PERSON FUTURE ANGLER EVENTS WERE SUPPORTED BY THE FOUNDATION.

Program 3
Expenses: $78,583 Revenue: $38,050

THE FUTURE ANGLER FOUNDATION IS WORKING WITH THE INDUSTRY AND GOVERNMENT ANGENCIES TO HELP SUPPORT AND CREATE NEW PROGRAMS THAT ARE ATTRACTING NEW ANGLERS. THE FAF THROUGH A GRANT IN 2023 HELPED THE...

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THE FUTURE ANGLER FOUNDATION IS WORKING WITH THE INDUSTRY AND GOVERNMENT ANGENCIES TO HELP SUPPORT AND CREATE NEW PROGRAMS THAT ARE ATTRACTING NEW ANGLERS. THE FAF THROUGH A GRANT IN 2023 HELPED THE FOREST SERVICE DISTRIBUTE ROD/REEL COMBINATIONS THAT THE FOUNDATION PURCHASED WITH GRANT FUNDS AND DISTRIBUTED TO FOREST SERVICE REGIONS AND TO NPAA FUTURE ANGLER EVENTS.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $213,233
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $213,233

Expense Breakdown

Grants Paid $126,220
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $279,706
Other Expenses $161,280
TOTAL EXPENSES $287,500

Year-over-Year Comparison

2023 2022 Change
Revenue $213,233 $263,381 -0.2%
Expenses $287,500 $282,465 +0.0%
Net Income $-74,267 $-19,084 +2.9%
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
6
Independent Members
6
Employees
N/A
Volunteers
6

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
2
$110,017
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SAM CALABRO VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
THOM DAMMRICH DIRECTOR 0.50
Director
$0 $0 $0
KEVIN VANDAM DIRECTOR 0.50
Director
$0 $0 $0
CHRIS HORTON DIRECTOR/ SECRETARY 0.50
Director
$0 $0 $0
JESSE SIMPKINS DIRECTOR 1.00
Director
$0 $0 $0
PATRICK NEU PRESIDENT/TREASURER 20.00
Officer
$23,017 $87,000 $110,017
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 $213,233 $287,500 No data $-74,267
2023 $263,381 $282,465 $74,267 $-19,084
2022 $287,826 $341,618 $93,351 $-53,792
2021 $357,232 $305,862 $147,143 $51,370
2020 $286,904 $234,638 $95,772 $52,266
2019 $298,954 $270,976 $43,506 $27,978
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