SALISH CENTER FOR SUSTAINABLE FISH… - Form 990 Financial Data

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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

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.

Program Service Accomplishments

Program 1

Expenses: $274,744 Revenue: $267,413

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%)

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

Governance

Voting Members

Independent Members

N/A

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

Total Directors

Key Employees

Highest Compensated

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

SALISH CENTER FOR SUSTAINABLE FISHING METHODS