FUTURE ANGLER FOUNDATION INC (EIN 455330350) - 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

2012

Legal Domicile

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 FUTURE ANGLER FOUNDATION'S MISSION 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.

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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 (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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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

N/A

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

$110,017

Total Directors

Key Employees

Highest Compensated

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

FUTURE ANGLER FOUNDATION INC