Indifly Incorporated
Nonprofit profile at a glance
- EIN
- 472221348
- IRS 990 coverage
- 2019–2024
- Forms available
- Form 990 2024, Form 990-EZ 2018, Form 990-N 2015
- Location
- St Paul, MN, USA
- Phone
- 2022816364
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- International Development
Reported finances
- Revenue
- $207,850
- Expenses
- $258,003
- Assets
- $70,948
- Liabilities
- $64,785
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- MATTHEW SHILLING (EXECUTIVE DIRECTOR)
Highest reported compensation
- MATTHEW SHILLING (EXECUTIVE DIRECTOR): $95,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Protect fisheries and provide sustainable livelihoods for indigenous peoples through the development of community owned fly fishing ecotourism operations.indigenous communities are custodians of 80% of the world's remaining biodiversity - indifly empowers indigenous communities to protect the remaining pristine places in the world. Indifly enables indigenous communities to own and operate fly fishing ecotourism businesses. These businesses provide sustainable livelihoods, generate community-wide economic benefits, and create incentives for the protection of indigenous homelands.
What it reported doing in 2024
Wind river indian reservation- promote increased youth awareness of the community's outdoor environment.- incorporate the value of culture as taught by shoshone and arapaho elders.- provide sustainable opportunities for youth to stay on the reservation.- develop strong conservation ethics.- conserve wind river's largest asset. - promote healthy opportunities for youth to avoid drug and alcohol use.- raise awareness of the reservation as an outdoor destination.
Operating model
- Revenue model
- Donor-supported. 80% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 66% for direct work, and 34% for grants.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 91
- Transparency & Controls: 77
- Accountability: 70
- Sustainability: 12
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 85.9%; rating input score 86
- Fundraising efficiency: $24.02 raised per $1 spent on fundraising; rating input score 62; 62nd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: 1 of 8 controls in place; rating input score 12
- Claims monitoring procedures: Pass
- Requires narrative reports: Fail
- Conducts field audits: Fail
- May suspend future funding: Fail
- Requires financial reports: Fail
- Conducts site visits: Fail
- Requires grant agreements: Fail
- May require repayment: Fail
- Grant itemization coverage: 100%; rating input score 100; 80th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 91.7%; rating input score 92; 25th percentile among comparable filings
- Governance controls: 3 of 8 controls in place; rating input score 38
- Conflict-of-interest policy: Pass
- 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: -24.1%; rating input score 12; 12th percentile among comparable filings
- Total-asset coverage ratio: 0.27; rating input score 15; 15th percentile among comparable filings
- Liabilities to assets ratio: 0.91; rating input score 6; 6th percentile among comparable filings
- Officer compensation ratio: 36.8%; rating input score 7; 7th percentile among comparable filings
Growth
- Program expense growth: 7.6% per year; rating input score 100; 63rd percentile among comparable filings
- Revenue growth: 4.5% per year; rating input score 100; 50th percentile among comparable filings
- Asset growth: 3.6% per year; rating input score 100; 41st percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 85.9% of spending went to programs
- Governance: 11 of 12 board members independent · 3 of 8 filing controls reported
- Programs: 4 filed program accomplishments · $222K in reported program spending
- Leadership: top reported pay $95K · 12 people listed
- Consistency: 25 of 25 current checks pass
- Schedules: 5 filed schedules · includes major donors and foreign activity
- Filing history: 5 filing years from 2019 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.
- High — Transparency & Controls: Foreign activity oversight: 7 of 8 not reported.
- Moderate — Accountability: Governance controls: 4 of 7 not reported.
- High — Sustainability: Operating margin scored 12/100.
- High — Sustainability: Total-asset coverage ratio scored 15/100.
- High — Sustainability: Liabilities to assets ratio scored 6/100.
- High — Sustainability: Officer compensation ratio scored 7/100.