Sw Florida Shellfish Association Inc
Nonprofit profile at a glance
- EIN
- 464185259
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2018
- Location
- Punta Gorda, FL, USA
- Phone
- 9416280694
- Rating
- 92
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Labor Unions
Reported finances
- Revenue
- $174,278
- Expenses
- $170,461
- Assets
- $142,775
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- MIKE MAHAN (PRESIDENT)
- RAY BAUER (VICE PRESIDENT)
- BARRY HURT (PAST PRESIDENT/DIRECTOR)
People named in this filing
- MIKE MAHAN (PRESIDENT)
- STEVE GOFF (TREASURER)
- RAY BAUER (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
Restoration project to begin restoring native Florida clams to the waters of charlotte harbor
What it reported doing in 2024
Restoration of native Florida clams (mercenaria campechiensis) to the waters of charlotte harbor Florida by selecting sites, permitting, and preparing 2-3 sites for planting nursery and growout seed. Association farmers provide necessary monitoring and husbandry to seed throughout growth stages. Once the clams grow for 3 years and are capable to reseed themselved to grow the clam set, farmers will remove all foreign materials from the water. Clams are not to be harvested by any party thus having sets of viable restoration sites.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 99
- Transparency & Controls: 100
- Sustainability: 51
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 97.8%; rating input score 98
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 2.2%; rating input score 40; 40th percentile among comparable filings
- Total-asset coverage ratio: 0.84; rating input score 54; 54th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 97.8% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $170K in reported program spending
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- 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 40/100.
- Review — Sustainability: Total-asset coverage ratio scored 54/100.