TOHO MARINE FISHING INC

EIN: 472221235 501(c)(3) Philanthropy & Grantmaking

ST CLOUD, FL

Total Revenue
$112,017
Total Expenses
$103,072
Total Assets
$13,512
Net Assets
$13,512
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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
FL
Principal Officer
JOSEPH B CLEMENTS
Phone
4078923200
Tax Period
2024-01-01 to 2024-12-31

TOHO MARINE FISHING INC, founded in 2014, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $112K in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. Expenses of $103K left a modest 8% surplus.

Mission

THE ORGANIZATION IS DEDICATED TO ADVANCING THE SPORT OF BASS FISHING THROUGH TOURNAMENTS, YOUTH INVOLVEMENTS, CONSERVATION, AND EDUCATIONAL EVENTS WHILE PROTECTING AND ENHANCING OUR NATURAL RESOURCES. THE HELP OUR HEROES IS AN ANNUAL NON-PROFIT FISHING TOURNAMENT, WHICH IS QUICKLY BECOMING ONE OF THE PREMIER FISHING TOURNAMENTS IN CENTRAL FLORIDA TO BENEFIT THE WOUNDED WARRIOR PROJECT. OUR ALL-VOLUNTEER, NOT-FOR-PROFIT EFFORTS WILL IMPROVE THE QUALITY OF LIFE FOR MANY VETERANS, REINFORCE PATRIOTISM, EDUCATE AND BRING AWARENESS THAT WE MUST CONTINUE TO SUPPORT AND HONOR THOSE WHO HAVE DEFENDED OUR COUNTRY AND OUR FREEDOMS. ELITE ONE MAN TOUR IS A TOURNAMENT TO CREATE AN OPPORTUNITY TO SHOW OUR COMMITMENT TO TOURNAMENT ANGLERS AS WELL AS CREATE A PLATFORM FOR FUTURE TOUR ANGLERS. TEAM TRAIL IS A TOURNAMENT TO CREATE AN OPPORTUNITY TO SHOW OUR COMMITMENT TO TOURNAMENT ANGLERS AND CREATE A PLATFORM FOR FUTURE TOUR ANGLERS. TROPHY CATCH IS AN INCENTIVE-BASED CONSERVATION PROGRAM DESIGNED FO

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $112,017
Investment Income $0
Other Revenue $0
TOTAL REVENUE $112,017

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $103,009
Other Expenses $103,072
TOTAL EXPENSES $103,072

Year-over-Year Comparison

2024 2023 Change
Revenue $112,017 $125,180 -0.1%
Expenses $103,072 $123,769 -0.2%
Net Income $8,945 $1,411 +5.3%
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
2
Independent Members
2
Employees
N/A
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
2
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOSEPH B CLEMENTS PRESIDENT N/A
Officer
$0 $0 $0
CONNIE LOPATIC SECRETARY N/A
Officer
$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 $112,017 $103,072 $13,512 $8,945
2023 $125,180 $123,769 $4,567 $1,411
2022 $142,586 $142,793 $3,156 $-207
2021 $158,081 $158,925 $3,363 $-844
2020 $108,375 $108,813 $4,207 $-438
2019 $131,929 $129,056 $4,645 $2,873
2018 $147,139 $145,761 $1,772 $1,378
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