Friends of the Issaquah Salmon Hatchery

Nonprofit profile at a glance

EIN
911640245
IRS 990 coverage
2011–2024
Forms available
Form 990 2024, Form 990-EZ 2021
Location
Issaquah, WA, USA
Phone
4253921118
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Single Organization Support

Official website

Reported finances

Revenue
$661,701
Expenses
$333,198
Assets
$495,550
Liabilities
$5,561

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

Leadership & pay

11 people listed

Executive titles in this filing

  • HEIDI DUNBAR (PRESIDENT)
  • MARK CLEMENS (EXECUTIVE DIRECTOR)

Highest reported compensation

  • MARK CLEMENS (EXECUTIVE DIRECTOR): $98,602 total reported compensation

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

Overview

Mission

Protecting our salmon and ensuring their survival for future generations through education and outreach.

What it reported doing in 2024

Protecting our salmon and ensuring their survival for future generations through education and outreach.fish education programs reach thousands of students and adults. In 2023, over 50,000 visitors benefited from educational offerings at the hatchery. The goal of fish's in-class presentations is to cultivate a sense of wonder about salmon and to provide expertise for students and teachers in king county who are learning about salmon. They are provided at cost to classes that have scheduled a field trip to the hatchery. Super salmon sleuths is designed for preschool groups. Program content customization is offered upon request. Fish educates visitors about the role of the hatchery in salmon recovery, the economy of issaquah creek and the importance of watershed stewardship. 70 trained volunteer guides provide tours of the hatchery to school children during the week and to adult and youth groups in the evenings and weekends. Fish is engaged in a community-wide awareness campaign to promote saving of the endangered lake sammamish kokanee population and the human impact on the environment that is causing its decline. The goal of fish's youth and adult education programs is to cultivate a sense of wonder about salmon and to provide expertise for students, teachers and other groups in king county who are learning about salmon, their impact on our environment and the importance to the health of puget sound in keeping the salmon coming home.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 61
  • Transparency & Controls: 92
  • Accountability: 74
  • Sustainability: 69
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 45.3%; rating input score 45
  • Program expense ratio: 83.6%; rating input score 84
  • Fundraising efficiency: $39.95 raised per $1 spent on fundraising; rating input score 74; 74th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 3 of 8 controls in place; rating input score 38
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • 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: 49.6%; rating input score 92; 92nd percentile among comparable filings
  • Total-asset coverage ratio: 1.49; rating input score 56; 56th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 29.6%; rating input score 7; 7th percentile among comparable filings

Growth

  • Program expense growth: 6.7% per year; rating input score 100; 50th percentile among comparable filings
  • Revenue growth: 12.2% per year; rating input score 100; 73rd percentile among comparable filings
  • Asset growth: 2.5% per year; rating input score 100; 27th percentile among comparable filings

Details

  • Where the money goes: 45.3% of revenue deployed · 83.6% of spending went to programs
  • Governance: 10 of 10 board members independent · 3 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $279K in reported program spending
  • Leadership: top reported pay $99K · 11 people listed
  • Consistency: 20 of 20 current checks pass
  • Schedules: 3 filed schedules · includes major donors
  • Filing history: 7 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 45/100.
  • Moderate — Accountability: Governance controls: 4 of 7 not reported.
  • Review — Sustainability: Total-asset coverage ratio scored 56/100.
  • High — Sustainability: Officer compensation ratio scored 7/100.