Fish Foundation Inc
Fish Foundation Inc. reports $0 revenue and assets in its latest filing, indicating potential operational cessation or significant change.
EIN: 204813479 · Plainsboro, NJ · Updated: 2026-03-28
Is Fish Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Fish Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Fish Foundation Inc
Fish Foundation Inc (EIN: 204813479) is a nonprofit organization based in Plainsboro, NJ. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fish Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Fish Foundation Inc with a Mission Score of 60 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Fish Foundation Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers received compensation from the organization. This suggests a volunteer-led or very lean operational model, which is commendable for a nonprofit of its historical size.
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 Fish Foundation Inc's IRS 990 filings:
- Latest filing shows $0 revenue and $0 assets, indicating potential inactivity or closure.
- NTEE Code is unknown, which can make it difficult to understand the organization's specific mission and compare it to peers.
Strengths
The following positive indicators were identified for Fish Foundation Inc:
- Historically low liabilities, suggesting good financial management in previous periods.
- Consistent reporting of 0% officer compensation, indicating a commitment to minimizing executive overhead.
- Historically, expenses were kept very close to revenue, demonstrating efficient spending.
Frequently Asked Questions about Fish Foundation Inc
Is Fish Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Fish Foundation Inc (EIN: 204813479) some concerns. Mission Score: 60/100. 2 red flags identified, 3 strengths noted.
How does Fish Foundation Inc spend its money?
Fish Foundation Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Fish Foundation Inc tax-deductible?
Fish Foundation Inc is registered as a tax-exempt nonprofit (EIN: 204813479). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What caused the Fish Foundation Inc. to report $0 in revenue and assets in its latest filing?
The provided data does not specify the reason for the sudden drop to $0 revenue and assets. This could indicate a cessation of operations, a merger, or a significant change in reporting structure. Further investigation into their most recent 990 filing details would be necessary.
Is the Fish Foundation Inc. still actively operating?
Based on the latest filing showing $0 revenue and assets, it is highly probable that the organization is no longer actively operating or has significantly scaled down its activities. This is a critical point for potential donors or stakeholders.
How did the Fish Foundation Inc. manage its expenses relative to its revenue historically?
Historically, the Fish Foundation Inc. has managed its expenses very closely to its revenue. For example, in 2015, revenue was $825,000 and expenses were $806,008, indicating efficient spending. In 2011, expenses ($1,070,898) slightly exceeded revenue ($1,000,352), but overall, they maintained a tight budget.
Filing History
IRS 990 filing history for Fish Foundation Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Fish Foundation Inc's revenue has declined by 17.5%, moving from $1.0M to $825K. Total assets increased by 31.2% over the same period, from $84K to $111K. Total functional expenses fell by 24.7%, from $1.1M to $806K. In its most recent filing year (2015), Fish Foundation Inc reported a surplus of $19K, with revenue exceeding expenses. The organization holds $1 in liabilities against $111K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $111K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2015 | $825K | $806K | $111K | $1 | — | View 990 |
| 2014 | $750K | $746K | $92K | $255 | — | View 990 |
| 2013 | $700K | $715K | $88K | $246 | — | View 990 |
| 2012 | $902K | $881K | $105K | $3K | — | View 990 |
| 2011 | $1.0M | $1.1M | $84K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $825K, expenses of $806K, and assets of $111K (revenue +10.0% year-over-year).
- 2014: Revenue of $750K, expenses of $746K, and assets of $92K (revenue +7.1% year-over-year).
- 2013: Revenue of $700K, expenses of $715K, and assets of $88K (revenue -22.4% year-over-year).
- 2012: Revenue of $902K, expenses of $881K, and assets of $105K (revenue -9.8% year-over-year).
- 2011: Revenue of $1.0M, expenses of $1.1M, and assets of $84K.
Data Sources and Methodology
This transparency report for Fish Foundation Inc 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.