Fishermans Marketing Association of Sd

Nonprofit profile at a glance

EIN
463110950
IRS 990-EZ coverage
2017–2024
Forms available
Form 990-EZ 2024, Form 990-N 2018
Location
Lakeside, CA, USA
Phone
6199577121
Rating confidence
Limited
Sector
Professional Societies & Associations

Reported finances

Revenue
$143,577
Expenses
$142,661
Assets
$6,181
Liabilities
$2,314

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • LUKE HALMAY (Vice President)

People named in this filing

  • PETER HALMAY (Director)
  • MITCH HOBRON (SEC/TREASURER)
  • LUKE HALMAY (Vice President)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization was formed to improve the marketing of the fishery products of its members; to better organize, record and utilize member collected fishing effort data; and incentivize the harvesting high roe content of the local sea urchin harvest.

What it reported doing in 2024

The sea urchin supply remains limited and planning continues for resource augmentation through supplementary feeding. Continued to experiment with holding tanks to develop a steady supply during periods of inclement weather. Marketing endevours including outreach to restaurants continues. Eight new restaurants were shown how to deal with processing live sea urchins in their kitchens. Live tank demos at schools and at the market exposed young adults to learning of the life of invertebrates. Outreach in social media on harvesting and preparation was expanded. Participated in the fresh fish auction to expand the buyer pool and obtain fair prices during periods of peak harvest. Held several meetings to discuss expanding the marketing association to all San Diego fishermen in order to work toward common goals.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 82
  • Sustainability: 28
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 0.6%; rating input score 36; 36th percentile among comparable filings
  • Total-asset coverage ratio: 0.04; rating input score 7; 7th percentile among comparable filings
  • Liabilities to assets ratio: 0.37; rating input score 13; 13th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 7.6% per year; rating input score 100; 55th percentile among comparable filings
  • Revenue growth: 8.9% per year; rating input score 100; 63rd percentile among comparable filings
  • Asset growth: -8.6% per year; rating input score 0; 12th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 7 filing years from 2017 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Sustainability: Operating margin scored 36/100.
  • High — Sustainability: Total-asset coverage ratio scored 7/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 13/100.