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Bonefish & Tarpon Trust Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 650988321 ✦ Miami, FL ✦ Designated as a 501(c)(3)

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Overview

What is Bonefish & Tarpon Trust Inc?

Bonefish & Tarpon Trust Inc, located at 2937 SW 27th Avenue 203 in Miami, Florida, is a nonprofit organization dedicated to the conservation and restoration of bonefish, tarpon, and permit fisheries and habitats. With a team of 16 employees, they focus on this mission through scientific research, stewardship, education, and advocacy. The organization's goals extend beyond just preserving these species but also involve studying their behavior to ensure their long-term survival. By engaging in these efforts, Bonefish & Tarpon Trust Inc contributes significantly to the health and sustainability of these important fisheries.


Official website here: www.bonefishtarpontrust.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 100% (Four-Star out of Four Stars)

Bonefish & Tarpon Trust Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its outstanding commitment to accountability and finance. The organization scored a perfect 100% in this area, indicating strong financial health and transparency. This high rating is underpinned by robust governance practices, including a fully independent board and well-documented policies that ensure ethical operations.

The nonprofit demonstrates a strong financial performance, with a program expense ratio of 83.05%, meaning a significant majority of its expenditures directly support its mission. Additionally, it has a remarkable fundraising efficiency ratio of $0.00, suggesting no wasted funds in fundraising compared to the revenue generated. The organization also maintains a low liabilities to assets ratio of 18.10%, indicating sound financial management and minimal debt.

Despite these strengths, the organization's working capital ratio is 0.55 years, which may suggest a need for improved short-term financial flexibility. However, this does not diminish the overall effectiveness and operational integrity of the Bonefish & Tarpon Trust, making it a highly respected nonprofit in its field.


This AI summary has been generated from information found on Charity Navigator.

Is Bonefish & Tarpon Trust Inc legitimate?

Bonefish & Tarpon Trust Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bonefish & Tarpon Trust Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $319,804
Professional Fundraising Fees: $0
Other Salaries and Wages: $413,514

For more financial information, click here


Official website here: www.bonefishtarpontrust.org

What is the mission statement of Bonefish & Tarpon Trust Inc?

The Bonefish & Tarpon Trust Inc is dedicated to the conservation and restoration of bonefish, tarpon, and permit fisheries and habitats. They achieve this goal through various means, including scientific research, stewardship, education, and advocacy. Specifically, the organization provides support to programs studying the behavior of these fish species to ensure their long-term sustainability. By employing a comprehensive approach, the Bonefish & Tarpon Trust Inc aims to preserve these important marine species and their habitats for future generations. Their efforts not only benefit the fish populations but also foster a deeper understanding and appreciation for these valuable resources.


Official website here: www.bonefishtarpontrust.org

Who is the CEO of Bonefish & Tarpon Trust Inc?

Jim Mcduffie is the Past Chairman of Bonefish & Tarpon Trust Inc.


Official website here: www.bonefishtarpontrust.org

What is the revenue of Bonefish & Tarpon Trust Inc?

Bonefish & Tarpon Trust Inc's revenue in 2022 was $3,835,027.


Official website here: www.bonefishtarpontrust.org

Who are the executives of Bonefish & Tarpon Trust Inc and what are their salaries?

The average compensation at Bonefish & Tarpon Trust Inc during 2022 was $45,832. There are 16 employees at Bonefish & Tarpon Trust Inc.


Here are 34 key members and their salaries:


Harold Brewer (Past Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Horn (Vice Chair Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Mcduffie (President)
  • Compensation: $301,804
  • Related: $0
  • Other: $18,000
Tom Davidson (Chairman Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0
Russ Fisher (Vice Chairman Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carl Navarre (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Harkavy (Founding Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stu Apte (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Abplanalp (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rich Andrews (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rodney Barreto (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Berger (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Evan Carruthers (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adolphus A Busch Iv (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Davidson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Klauer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne Meland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandy Moret (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ambrose Monell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Newman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Johns (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Al Perkinson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julian Robertson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Ruoff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adelaide Skoglund (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Kilpatrick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ali Gentry Flota (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Frazer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Larkin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thorpe Mckenzie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Rehage (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vaughn Roberts (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diana Rudolph (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Noah Valenstein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.bonefishtarpontrust.org

Where can I find the form 990 for Bonefish & Tarpon Trust Inc?

Bonefish & Tarpon Trust Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.bonefishtarpontrust.org

Learn more at the official website: www.bonefishtarpontrust.org

Mission Statement of Bonefish & Tarpon Trust Inc

Bonefish & Tarpon Trust Inc is a nonprofit organization dedicated to the conservation and restoration of bonefish, tarpon, and permit fisheries and habitats. Through scientific research, stewardship, education, and advocacy, the Trust seeks to protect these valuable species and the ecosystems they inhabit.

The Trust's mission is twofold. Firstly, it supports various research programs aimed at understanding the behavior of bonefish, tarpon, and permit. This knowledge is crucial for developing effective conservation strategies and ensuring the long-term sustainability of these fish populations. Secondly, the Trust promotes stewardship practices to help preserve the habitats that these species call home. By advocating for responsible fishing practices and engaging with local communities, the Trust aims to create a sustainable future for these fisheries.

In addition to its research and stewardship efforts, Bonefish & Tarpon Trust Inc also places a strong emphasis on education. Through its educational programs, the organization seeks to raise awareness about the importance of these fish species and the need to protect their habitats. By engaging with schools, universities, and local communities, the Trust hopes to inspire the next generation of conservationists and fisheries managers.

Moreover, the Trust's advocacy work plays a vital role in advancing policies that support the conservation of bonefish, tarpon, and permit populations. By engaging with policymakers and industry leaders, the Trust seeks to promote regulations and practices that prioritize the long-term health of these fisheries and the ecosystems they rely on.

In summary, Bonefish & Tarpon Trust Inc is a leading conservation organization focused on preserving bonefish, tarpon, and permit fisheries and habitats. Through its research, stewardship, education, and advocacy initiatives, the Trust seeks to ensure the long-term sustainability of these valuable fish populations and the ecosystems they inhabit.

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Impact




October, 2024

Bonefish & Tarpon Trust Inc is dedicated to the conservation and restoration of bonefish, tarpon, and permit fisheries and their habitats. Through its scientific research initiatives, the organization provides critical insights into the behavior and ecology of these fish species, ensuring sustainable fishing practices. The Trust also emphasizes stewardship by promoting responsible angling and habitat protection, which helps maintain healthy ecosystems.

Educational programs foster awareness and appreciation for these species, mobilizing communities and stakeholders to engage in effective advocacy efforts. By combining research, education, and advocacy, Bonefish & Tarpon Trust Inc has a significant positive impact on marine environments and the livelihoods dependent on these cherished fish species.




This information is meant to be a general summary of Bonefish & Tarpon Trust Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$3,835,027 (2022)
Expenses
$3,924,905 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $58,799
  • Gross Receipts: $4,444,971

Assets and Liabilities:

  • Total Assets: $2,231,762
  • Total Liabilities: $553,066
  • Net Assets: $1,678,696

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Organization Details

Founding Year

1999

Principal Officer

Jim Mcduffie

Main Address

2937 SW 27TH AVENUE 203, MIAMI, FL, 33133

NTEE Category

Code: D113 - Animals

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