Overview
What is Fish Welfare Initiative?
The Fish Welfare Initiative is a nonprofit organization dedicated to enhancing the lives of fish and other aquatic species in human use. Based in Normal, Illinois, they have expanded their reach in India by onboarding 31 new farms into their Alliance For Responsible Aquaculture program. Through collaborative efforts with farmers, they promote sustainable practices such as lowering stocking densities and enhancing water quality. This initiative is estimated to positively impact around 720,000 aquatic creatures.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 93% (Four-Star out of Four Star rating)
The Fish Welfare Initiative (FWI) has achieved a Four-Star rating on Charity Navigator, indicating a strong performance in both accountability and impact. With an overall score of 93%, the organization excels particularly in its Impact & Measurement score, which is a perfect 100. This highlights FWI's effectiveness in assessing and demonstrating the impact of its programs, especially as it focuses solely on improving the welfare standards of farmed fishes.
In terms of financial accountability, FWI maintains a solid program expense ratio of 75.95%, indicative of effective resource allocation towards its mission. The organization also boasts a strong governance structure, with a significant proportion of its board members being independent and robust policies in place regarding conflict of interest and whistleblower protections. These factors contribute to high overall accountability and transparency.
Despite its strengths, it's important to note that while FWI has a strong financial and impact framework, the specific challenges and limitations of its programs were not detailed in the data. Nonetheless, the high ratings reflect a commendable commitment to improving fish welfare and a strong operational foundation.
This AI summary has been generated from information found on Charity Navigator.
Is Fish Welfare Initiative legitimate?
Fish Welfare Initiative is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fish Welfare Initiative 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Fish Welfare Initiative?
The Fish Welfare Initiative is dedicated to enhancing the wellbeing of fish and other aquatic species utilized by humans. Through collaborations with farmers, this organization focuses on implementing practices that prioritize the welfare of aquatic life. An essential aspect of their work involves reducing stocking densities to sustainable levels and improving water quality. By onboarding 31 new farms into their Alliance For Responsible Aquaculture, they have positively impacted the lives of approximately 720,000 fish, demonstrating their commitment to advancing the welfare interests of aquatic life.
Who is the CEO of Fish Welfare Initiative?
Haven King-Nobles is the Officer of Fish Welfare Initiative.
What is the revenue of Fish Welfare Initiative?
Fish Welfare Initiative's revenue in 2022 was $368,854.
Who are the executives of Fish Welfare Initiative and what are their salaries?
There 5 volunteers at Fish Welfare Initiative.
Here are 2 key members and their salaries:
- Compensation: $36,000
- Related: $0
- Other: $0
- Compensation: $21,996
- Related: $0
- Other: $0
Where can I find the form 990 for Fish Welfare Initiative?
Fish Welfare Initiative's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Fish Welfare Initiative
The Fish Welfare Initiative, with a mission to enhance the well-being of fish and other aquatic life utilized by humans, has taken significant strides in advancing its cause. By onboarding an additional 31 farms into its Alliance For Responsible Aquaculture, this initiative has expanded its reach and influence. Working closely with farmers, the Fish Welfare Initiative has focused on enhancing practices on the farm, particularly by advocating for sustainable stocking densities and promoting better water quality. As a result of these efforts, the lives of approximately 720,000 fish have been positively impacted, reflecting the dedication and commitment of the Fish Welfare Initiative to its crucial work. The initiative's approach not only benefits the aquatic life but also contributes to the promotion of sustainable and responsible farming practices. By making a difference in the lives of aquatic life, the Fish Welfare Initiative continues to be a beacon of hope and progress in its mission to improve and advance the welfare interests of fish and other aquatic life used by humans.
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Impact
October, 2024
The Fish Welfare Initiative significantly impacts the welfare of fish and other aquatic life through its focused programs and partnerships. By onboarding an additional 31 farms into the Alliance for Responsible Aquaculture in India, the initiative has directly worked with farmers to enhance farming practices. Key improvements include reducing stocking densities to sustainable levels and enhancing water quality, which collectively contribute to healthier environments for aquatic life. As a result of these efforts, an estimated 720,000 fish have benefited, experiencing better living conditions and welfare standards. The initiative emphasizes the importance of responsible aquaculture, fostering practices that prioritize the well-being of fish while supporting sustainable farming methods.
This information is meant to be a general summary of Fish Welfare Initiative. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $360
- Gross Receipts: $368,854
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
2020
Phone
(440) 340-1517Principal Officer
Haven King-Nobles
Main Address
3123 Butterfly Dr, Normal, IL, 61761
NTEE Category
Code: D20 - Animals
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