153 Fishes Charitable Foundation
153 Fishes Charitable Foundation shows volatile revenue and expenses with declining assets over the past decade.
EIN: 203859996 · Indn Spgs Vlg, AL · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $20K |
| Total Expenses | $12K |
| Program Spending | 70% |
| Net Assets | $158K |
| Transparency Score | 65/100 |
Is 153 Fishes Charitable Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
153 Fishes Charitable Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About 153 Fishes Charitable Foundation
153 Fishes Charitable Foundation (EIN: 203859996) is a nonprofit organization based in Indn Spgs Vlg, AL, classified under NTEE code T20. The organization reported total revenue of $20K and total assets of $165K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of 153 Fishes Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
153 Fishes Charitable Foundation is a micro nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 1.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $44K |
| Total Expenses | $12K |
| Surplus / Deficit | +$32K |
| Total Assets | $158K |
| Total Liabilities | $1 |
| Net Assets | $158K |
| Operating Margin | 72.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 158.4 months |
Financial Health Grade: A
In 2024, 153 Fishes Charitable Foundation reported a surplus of $32K with revenue exceeding expenses, holds 158.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2024), 153 Fishes Charitable Foundation's revenue has grown at a compound annual growth rate (CAGR) of 1.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +1138.5% | -44.3% | +20.6% |
| 2023 | +7.5% | +1592.8% | -6.7% |
| 2021 | -563.7% | +69.7% | +24.6% |
| 2020 | +6.0% | +96.1% | -26.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates 153 Fishes Charitable Foundation with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, 153 Fishes Charitable Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $32K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is likely volunteer-based or compensated through other means not classified as officer compensation, which is positive for donor confidence.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of 153 Fishes Charitable Foundation's IRS 990 filings:
- Highly volatile revenue, including a negative revenue year ($-24,589 in 2021).
- Significant fluctuations in expenses year-over-year, making consistent operational efficiency difficult to assess.
- Long-term trend of declining assets, from $209,809 in 2011 to $165,088 currently.
Strengths
The following positive indicators were identified for 153 Fishes Charitable Foundation:
- Consistent reporting of 0% officer compensation, indicating strong financial stewardship regarding executive pay.
- Minimal liabilities reported across most years, suggesting a healthy balance sheet in terms of debt.
- Latest filing (202406) shows a strong positive net income ($44,264 revenue vs. $11,978 expenses).
Frequently Asked Questions about 153 Fishes Charitable Foundation
Is 153 Fishes Charitable Foundation a legitimate charity?
153 Fishes Charitable Foundation (EIN: 203859996) is a registered tax-exempt nonprofit based in Alabama. Our AI analysis gives it a Mission Score of 65/100. It has 10 years of IRS 990 filings on record. Total revenue: $20K. 3 red flags identified. 3 strengths noted. Financial health grade: A.
How does 153 Fishes Charitable Foundation spend its money?
153 Fishes Charitable Foundation directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to 153 Fishes Charitable Foundation tax-deductible?
153 Fishes Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 203859996). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of 153 Fishes Charitable Foundation's spending goes to programs?
153 Fishes Charitable Foundation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does 153 Fishes Charitable Foundation compare to similar nonprofits?
With a transparency score of 65/100 (Good), 153 Fishes Charitable Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is 153 Fishes Charitable Foundation located?
153 Fishes Charitable Foundation is headquartered in Indn Spgs Vlg, Alabama and files with the IRS under EIN 203859996. It is classified under NTEE code T20.
How many years of IRS 990 filings does 153 Fishes Charitable Foundation have?
153 Fishes Charitable Foundation has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $20K in total revenue.
What caused the significant negative revenue of $-24,589 in 2021?
The provided data does not specify the reason for the negative revenue in 2021, but it could be due to investment losses, significant returns of contributions, or accounting adjustments.
How does the organization manage its programs with such volatile revenue?
The high volatility suggests that program delivery might be inconsistent or highly dependent on specific funding cycles. Without detailed program expense data, it's hard to assess the impact.
What is the specific breakdown of expenses (program, admin, fundraising) for the latest period?
The provided IRS 990 summary data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories, which limits a full assessment of spending efficiency.
Filing History
IRS 990 filing history for 153 Fishes Charitable Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2024), 153 Fishes Charitable Foundation's revenue has grown by 15.9%, moving from $38K to $44K. Total assets decreased by 24.6% over the same period, from $210K to $158K. Total functional expenses rose by 60.9%, from $7K to $12K. In its most recent filing year (2024), 153 Fishes Charitable Foundation reported a surplus of $32K, with revenue exceeding expenses. The organization holds $1 in liabilities against $158K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $158K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $44K | $12K | $158K | $1 | — | — |
| 2023 | $4K | $22K | $131K | $1 | — | View 990 |
| 2022 | $3K | $1K | $140K | $1 | — | — |
| 2021 | $-24,589 | $21K | $173K | $1 | — | — |
| 2020 | $5K | $12K | $139K | $2K | — | View 990 |
| 2016 | $5K | $6K | $189K | $1 | — | View 990 |
| 2015 | $4K | $2K | $190K | $1 | — | View 990 |
| 2013 | $6K | $6K | $214K | $1 | — | View 990 |
| 2012 | $6K | $1K | $214K | $1 | — | View 990 |
| 2011 | $38K | $7K | $210K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $44K, expenses of $12K, and assets of $158K (revenue +1138.5% year-over-year).
- 2023: Revenue of $4K, expenses of $22K, and assets of $131K (revenue +7.5% year-over-year).
- 2022: Revenue of $3K, expenses of $1K, and assets of $140K.
- 2021: Revenue of $-24,589, expenses of $21K, and assets of $173K (revenue -563.7% year-over-year).
- 2020: Revenue of $5K, expenses of $12K, and assets of $139K (revenue +6.0% year-over-year).
- 2016: Revenue of $5K, expenses of $6K, and assets of $189K (revenue +22.8% year-over-year).
- 2015: Revenue of $4K, expenses of $2K, and assets of $190K (revenue -26.5% year-over-year).
- 2013: Revenue of $6K, expenses of $6K, and assets of $214K (revenue -6.4% year-over-year).
- 2012: Revenue of $6K, expenses of $1K, and assets of $214K (revenue -84.5% year-over-year).
- 2011: Revenue of $38K, expenses of $7K, and assets of $210K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for 153 Fishes Charitable Foundation:
Data Sources and Methodology
This transparency report for 153 Fishes Charitable Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.