SALISH CENTER FOR SUSTAINABLE FISHING METHODS

EIN: 824455059 501(c)(3) Environment

Lummi Island, WA

Total Revenue
$267,413
Total Expenses
$274,744
Total Assets
$1,042,966
Net Assets
$449,164
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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
2018
Legal Domicile
WA
Phone
3602200013
Tax Period
2024-01-01 to 2024-12-31

SALISH CENTER FOR SUSTAINABLE FISHING METHODS, founded in 2018, is a small nonprofit in the Environment sector that reported $267K in total revenue in fiscal year 2024. Revenue decreased 17% compared to the prior year.

Mission

TO EDUCATE THE PUBLIC ABOUT REEFNETTING AND OTHER SUSTAINABLE FISHING METHODS, AND TO PROMOTE THE HEALTH OF THE SALISH SEA.

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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 $226,120
Program Service Revenue $0
Investment Income $298
Other Revenue $40,995
TOTAL REVENUE $267,413

Expense Breakdown

Grants Paid $100
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $274,744
Other Expenses $274,644
TOTAL EXPENSES $274,744

Year-over-Year Comparison

2024 2023 Change
Revenue $267,413 $323,551 -0.2%
Expenses $274,744 $304,619 -0.1%
Net Income $-7,331 $18,932 -1.4%
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

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Governance

Voting Members
3
Independent Members
N/A
Employees
N/A
Volunteers
20

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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LARRY MELLUM PRESIDENT 10.00
Officer Director
$0 $0 $0
LUCAS KINLEY VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
ELI HARRIS SECRETARY 5.00
Officer 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
2024 $267,413 $274,744 $1,042,966 $-7,331
2023 $323,551 $304,619 $1,067,504 $18,932
2022 $165,246 $149,246 $1,029,154 $16,000
2021 $466,232 $89,676 $422,126 $376,556
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