Florida Tropical Fish Farms Trade Association Inc

Nonprofit profile at a glance

EIN
593157238
IRS 990 coverage
2011–2025
Forms available
Form 990 2025
Location
Winter Haven, FL, USA
Phone
8632935710
Rating confidence
Limited

Official website

Reported finances

Revenue
$106,169
Expenses
$82,081
Assets
$783,516
Liabilities
$0

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

Leadership & pay

14 people listed

Executive titles in this filing

  • DAVID RAWLINS (PRESIDENT)
  • PIERRE LEPOCHAT (PAST PRESIDENT)
  • MIKE DRAWDY (VICE PRESIDENT)
  • DAVID BOOZER (EXECUTIVE DIRECTOR)

Highest reported compensation

  • DAVID BOOZER (EXECUTIVE DIRECTOR): $43,200 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To represent its members in governmental matters, provide a cooperative for purchasing necessary materials to produce member products, and support research and development for the production of ornamental species.

What it reported doing in 2025

Ftffa helps and supports the fish farmer in a wide variety of ways. In particular, it conducts marketing for the farmers, getting the word out to customers that the fish from Florida are superior in every way. New technologies and breeding techniques have increased both the quality and quantity of fish that ftffa farms deliver to their customers. There are over 120 farms in Florida raising a wide variety of fish, aquatic plants, and assorted invertebrates. Tropical fish are the number one cargo commodity out of tampa international airport where 8,000 to 10,000 boxes are shipped weekly.continued on schedule oevery year in orlando, ftffa has a massive display at the appa global pet expo in a display known as the aquatic lounge which showcases Florida tropical fish and aquatic plants to perfection for those attending the largest pet industry trade show in north america. Fully decorated aquarium tanks highlight the fish and plants as can be seen nowhere else.

Operating model

Revenue model
Investment-supported. 60% of the money available for current operations came from recurring investment income.
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: 100
  • Accountability: 69
  • Sustainability: 70
  • Growth: 20

Detailed rating inputs

Financial Efficiency

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

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 2 of 8 controls in place; rating input score 25
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 22.7%; rating input score 74; 74th percentile among comparable filings
  • Total-asset coverage ratio: 9.55; rating input score 89; 89th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 77; 77th percentile among comparable filings
  • Officer compensation ratio: 52.6%; rating input score 3; 3rd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -6% per year; rating input score 0; 8th percentile among comparable filings
  • Asset growth: 2.8% per year; rating input score 100; 34th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 11 of 11 board members independent · 2 of 8 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $43K · 14 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 15 filing years from 2011 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 1 filed related-organization link
  • 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 — Accountability: Governance controls: 5 of 7 not reported.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 3/100.