ACME SMOKED FISH FOUNDATION INC

EIN: 872315190 501(c)(3) Philanthropy & Grantmaking

BROOKLYN, NY

Total Revenue
$471,434
Total Expenses
$417,163
Total Assets
$407,025
Net Assets
$361,025
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
NY
Principal Officer
ROBERT SNYDER
Phone
7183064982
Tax Period
2023-01-01 to 2023-12-31

ACME SMOKED FISH FOUNDATION INC, founded in 2021, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $471K in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $417K left a modest 12% surplus.

Mission

ACME SMOKED FISH FOUNDATION ESTABLISHES SCHOLARSHIP PROGRAMS FOR STUDENTS WHO HAVE DEDICATED A CERTAIN AMOUNT OF VOLUNTEER HOURS TO CHARITABLE CAUSES TO HELP PAY FOR COLLEGE. ADDITIONALLY ACME SMOKED FISH FOUNDATION AWARDS THE ERIC CASLOW SEAFOOD INNOVATION FUND TO THREE APPLICANTS EACH YEAR THAT DEMONSTRATE THEIR INNOVATIONS WILL POSITIVELY IMPACT SEAFOOD MANUFACTURING, FOOD SAFETY, THE FUTURE OF PROTEINS, FISHING AND AQUACULTURE PRACTICES, TRACEABILITY, FISHERIES MANAGEMENT, FEED, PACKAGING, TRANSPORTATION, AND LABOR.

Program Service Accomplishments

Program 1
Expenses: $358,585

THE FIRST GRANT, WHICH IS AN EDUCATIONAL GRANT, WILL ESTABLISH SCHOLARSHIP PROGRAMS SO THAT CHILDREN AND GRANDCHILDREN OF EMPLOYEES WHO ARE STARTING COLLEGE AND WHO HAVE DEDICATED A CERTAIN AMOUNT OF...

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THE FIRST GRANT, WHICH IS AN EDUCATIONAL GRANT, WILL ESTABLISH SCHOLARSHIP PROGRAMS SO THAT CHILDREN AND GRANDCHILDREN OF EMPLOYEES WHO ARE STARTING COLLEGE AND WHO HAVE DEDICATED A CERTAIN AMOUNT OF VOLUNTEER HOURS TO CHARITABLE CAUSES WILL RECEIVE GRANTS TO HELP PAY FOR COLLEGE.THE SECOND GRANT, WHICH IS THE ERIC CASLOW SEAFOOD INNOVATION FUND AND AWARDS, WILL GO TO THREE APPLICANTS EACH YEAR THAT DEMONSTRATE THAT THEIR INNOVATIONS WILL POSITIVELY IMPACT SEAFOOD MANUFACTURING, FOOD SAFETY, THE FUTURE OF PROTEINS, FISHING AND AQUACULTURE PRACTICES, TRACEABILITY, FISHERIES, MANAGEMENT, FEED, PACKAGING, TRANSPORTATION, AND LABOR. AT A TIME WHEN THE INDUSTRY IS IN DESPERATE NEED OF ATTRACTING AND RETAINING DIVERSE TALENT, THIS FUND WILL FOCUS ON MAKING AWARDS TO WOMEN AND MINORITIES THAT ARE CONTRIBUTING TO A CLIMATE FRIENDLY FUTURE FOR THE INDUSTRY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $458,646
Program Service Revenue $0
Investment Income $12,788
Other Revenue $0
TOTAL REVENUE $471,434

Expense Breakdown

Grants Paid $286,135
Salaries & Benefits $0
Fundraising Expenses $42,667
Program Expenses $358,585
Other Expenses $131,028
TOTAL EXPENSES $417,163

Year-over-Year Comparison

2023 2022 Change
Revenue $471,434 $429,361 +0.1%
Expenses $417,163 $243,378 +0.7%
Net Income $54,271 $185,983 -0.7%
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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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
5

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
4
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT SNYDER CHIEF PEOPLE & SUSTAINABILITY OFFICER 10.00
Officer Director
$0 $0 $0
JOHN BILLIK CHIEF SEAFOOD BUYER 10.00
Officer Director
$0 $0 $0
FRANCO ADAM RAFFO TRUSTEE 10.00
Director
$0 $0 $0
EMILY GINDI INTERNAL COMMUNICATIONS DIRECTOR 10.00
Officer Director
$0 $0 $0
EDUARDO CARBAJOSA CEO 10.00
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 No data No data No data No data
2023 $471,434 $417,163 $407,025 $54,271
2022 $429,361 $243,378 $346,754 $185,983
2021 $127,866 $7,095 $120,771 $120,771
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