BONEFISH & TARPON TRUST INC (EIN 650988321) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1999

Legal Domicile

Principal Officer

JIM MCDUFFIE

Phone

7866189479

Tax Period

2025-01-01 to 2025-06-30

BONEFISH & TARPON TRUST INC, founded in 1999, is a community nonprofit in the Animal-Related sector that reported $2.4M in total revenue in fiscal year 2025. Revenue fell 56% from the prior year — a significant decline worth monitoring. Expenses of $4.1M exceeded revenue, resulting in a 68% operating deficit.

Mission

TO CONSERVE AND RESTORE BONEFISH, TARPON AND PERMIT FISHERIES AND HABITATS THROUGH SCIENTIFIC RESEARCH, STEWARDSHIP, EDUCATION AND ADVOCACY

🔒

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%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $2,440,842

Program Service Revenue $0

Investment Income $11,369

Other Revenue $-9,675

TOTAL REVENUE $2,442,536

Expense Breakdown

Grants Paid $1,301,336

Salaries & Benefits $1,069,029

Fundraising Expenses $0

Program Expenses $3,551,718

Other Expenses $1,742,824

TOTAL EXPENSES $4,113,189

Year-over-Year Comparison

	2025	2024	Change
Revenue	$2,442,536	$5,496,257	-0.6%
Expenses	$4,113,189	$5,203,667	-0.2%
Net Income	$-1,670,653	$292,590	-6.7%

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

Governance

Voting Members

Independent Members

Employees

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

$394,074

Total Directors

$394,074

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HAROLD BREWER	PAST CHAIRMAN	0.00	Officer Director	$0	$0	$0
BILL HORN	VICE CHAIR EMERITUS	0.00	Officer Director	$0	$0	$0
JIM MCDUFFIE	PRESIDENT	40.00	Officer Director	$376,074	$18,000	$394,074
TOM DAVIDSON	CHAIRMAN EMERITUS	0.00	Officer Director	$0	$0	$0
RUSS FISHER	VICE CHAIRMAN EMERITUS	0.00	Officer Director	$0	$0	$0
CARL NAVARRE	CHAIRMAN	10.00	Officer Director	$0	$0	$0
JEFF HARKAVY	DIRECTOR	0.00	Director	$0	$0	$0
STU APTE	DIRECTOR	0.00	Director	$0	$0	$0
JOHN ABPLANALP	DIRECTOR	0.00	Director	$0	$0	$0
RICH ANDREWS	DIRECTOR	0.00	Director	$0	$0	$0
RODNEY BARRETO	DIRECTOR	0.00	Director	$0	$0	$0
TIM O'BRIEN	DIRECTOR	0.00	Director	$0	$0	$0
EVAN CARRUTHERS	VICE CHAIR	5.00	Officer Director	$0	$0	$0
ADOLPHUS A BUSCH IV	DIRECTOR	0.00	Director	$0	$0	$0
JOHN DAVIDSON	TREASURER	0.00	Officer Director	$0	$0	$0
JERRY KLAUER	DIRECTOR	0.00	Director	$0	$0	$0
CLARKE OHRSTROM	DIRECTOR	0.00	Director	$0	$0	$0
SANDY MORET	DIRECTOR	0.00	Director	$0	$0	$0
AMBROSE MONELL	DIRECTOR	0.00	Director	$0	$0	$0
KRIS ROCKWELL	DIRECTOR	0.00	Director	$0	$0	$0
JOHN JOHNS	SECRETARY	0.00	Officer Director	$0	$0	$0
RICK RUOFF	DIRECTOR	0.00	Director	$0	$0	$0
ADELAIDE SKOGLUND	DIRECTOR	0.00	Director	$0	$0	$0
DOUG KILPATRICK	DIRECTOR	0.00	Director	$0	$0	$0
ALI GENTRY FLOTA	DIRECTOR	0.00	Director	$0	$0	$0
TOM FRAZER	DIRECTOR	0.00	Director	$0	$0	$0
MIKE LARKIN	DIRECTOR	0.00	Director	$0	$0	$0
THORPE MCKENZIE	DIRECTOR	0.00	Director	$0	$0	$0
JENNIFER REHAGE	DIRECTOR	0.00	Director	$0	$0	$0
VAUGHN ROBERTS	DIRECTOR	0.00	Director	$0	$0	$0
NOAH VALENSTEIN	DIRECTOR	0.00	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
2025	$2,442,536	$4,113,189	$1,981,013	$-1,670,653
2024	No data	No data	No data	No data
2023	$5,279,132	$5,081,692	$2,494,890	$197,440
2022	$3,835,027	$3,924,905	$2,231,762	$-89,878
2021	$3,763,572	$3,438,243	$2,159,678	$325,329
2020	$2,733,363	$2,768,213	$1,774,065	$-34,850
2019	$3,299,751	$3,362,961	$1,688,335	$-63,210

BONEFISH & TARPON TRUST INC