Tampa Bay Fishing Club Inc

Nonprofit profile at a glance

EIN
824068718
IRS 990-EZ coverage
2018–2018
Forms available
Form 990-EZ 2018
Location
Riverview, FL, USA
Phone
7272657425
Rating
70
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Fisheries Resources

Reported finances

Revenue
$41,851
Expenses
$35,631
Assets
$6,220

Source: IRS Form 990-EZ. Selected filing: tax year 2018. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • JEFF SPANN (PRESIDENT, T)

People named in this filing

  • JEFF SPANN (PRESIDENT, T)
  • JOSHUA R VENNE (VICE PRESIDE)
  • RYAN HEIN (SECRETARY)

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 2018. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To educate anglers about their impact on the fishery. By providing courses, seminars, and community clean-ups we can provide the community with an organization that leads the way for change.

What it reported doing in 2018

Our programs consisted of a youtube program showing educational how to videos related to fishing activities, a kids fishing camp for three underprivlaged children to go on an offshore deep sea fishing charter during the day for 5 days teaching safe fishing techniques and safe fish handling, and a veterans program which is our way to serve vets by sponsoring fishing trips, providing fishing gear, and random giveaways only for veterans who sign up on facebook.

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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 70
  • Transparency & Controls: 82
  • Sustainability: 44
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 65.9%; rating input score 66
  • Program expense ratio: 77.5%; rating input score 77

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 14.9%; rating input score 70; 70th percentile among comparable filings
  • Total-asset coverage ratio: 0.17; rating input score 14; 14th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 65.9% of revenue deployed · 77.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $28K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 6 of 6 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Sustainability: Total-asset coverage ratio scored 14/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.