The Bluefin Collaborative

Nonprofit profile at a glance

EIN
873332779
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024, Form 990-N 2021
Location
Ogunquit, ME, USA
Phone
2072534428
Rating
90
Verdict
STRONG
Rating confidence
Moderate
Sector
Research Institutes and/or Public Policy Analysis

Reported finances

Revenue
$185,639
Expenses
$143,346
Assets
$115,867
Liabilities
$0

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

Leadership & pay

12 people listed

Executive titles in this filing

  • CHRISTOPHER G WEINER (EXECUTIVE DIRECTOR)
  • STEPHEN WEINER (PRESIDENT)
  • CHRIS COMB (VICE PRESIDENT)
  • NATHANIEL MOODY (VICE PRESIDENT)

People named in this filing

  • CHRISTOPHER G WEINER (EXECUTIVE DIRECTOR)
  • STEPHEN WEINER (PRESIDENT)
  • CHRIS COMB (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

The bluefin collaborative (tbc) will raise and distribute funding towards critical research to gain a holistic understanding of atlantic bluefin tuna movements, abundance spawning behavior, and general biology using reality-based and on-the-water (or in-the-air) science. The data gathered through this work educate, inform, and improve the current assessment and management processes for this important species. Tbc will be a collaborative effort between scientists, fishermen, pilots, and other experts from the u.s, canada, and elsewhere. Tbc will employ currently available tools - such as tagging - but also strive to create new ones. Tbc will also work to ensure that any important data that currently exists is given the light of day. While tbc's ultimate long-term goal is to provide fisheries managers with the ability to directly assess bluefin, there are many critical steps needed to get there each of which are important.

What it reported doing in 2024

Education/research: facilitation and support of research and education regarding the atlantic bluefin tuna.

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. 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: 83
  • Transparency & Controls: 100
  • Sustainability: 61
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 75.1%; rating input score 75
  • Program expense ratio: 97.2%; rating input score 97

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: 22.8%; rating input score 77; 77th percentile among comparable filings
  • Total-asset coverage ratio: 0.81; rating input score 52; 52nd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 45.1%; rating input score 6; 6th percentile among comparable filings

Growth

  • Program expense growth: 77.2% per year; rating input score 100; 95th percentile among comparable filings
  • Revenue growth: 11% per year; rating input score 100; 69th percentile among comparable filings
  • Asset growth: 33% per year; rating input score 100; 89th percentile among comparable filings

Details

  • Where the money goes: 75.1% of revenue deployed · 97.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $139K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

  • Review — Sustainability: Total-asset coverage ratio scored 52/100.
  • High — Sustainability: Officer compensation ratio scored 6/100.