Flatsworthy Inc

Nonprofit profile at a glance

EIN
810894330
IRS 990-EZ coverage
2016–2025
Forms available
Form 990-EZ 2025
Location
Fulton, TX, USA
Phone
3617271161
Rating
38
Verdict
REVIEW
Rating confidence
Moderate
Sector
Natural Resources Conservation and Protection

Reported finances

Revenue
$155,519
Expenses
$142,066
Assets
$177,724

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • CHARLES R NAISER JR (PRESIDENT)

People named in this filing

  • CHARLES R NAISER JR (PRESIDENT)
  • TRAVIS GLIDDEN (SECRETARY)
  • VICKY BUCK (TREASURER)

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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The primary purpose of the organization is to develope a code of angler respect wherein those who fish and enjoy the salt shallow waters of the Texas coast can share it with others encouraging community participation.

What it reported doing in 2025

Flatsworthy videos are produced to educate the public inwhat is needed from them to better the envirnoment.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 82
  • Sustainability: 45
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

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

Sustainability

  • Operating margin: 8.7%; rating input score 52; 52nd percentile among comparable filings
  • Total-asset coverage ratio: 1.25; rating input score 66; 66th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 36.6%; rating input score 9; 9th percentile among comparable filings

Growth

  • Program expense growth: -34.1% per year; rating input score 0; 7th percentile among comparable filings
  • Revenue growth: 21.9% per year; rating input score 100; 84th percentile among comparable filings
  • Asset growth: 24.3% per year; rating input score 100; 82nd percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 10 filing years from 2016 to 2025
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • 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.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • Review — Sustainability: Operating margin scored 52/100.
  • High — Sustainability: Officer compensation ratio scored 9/100.