Fishermans Mark
Fishermans Mark: Strong Financial Growth, Transparency Concerns
EIN: 222302255 · Lambertville, NJ · NTEE: P33Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $2.1M |
| Total Expenses | $1.2M |
| Program Spending | 80% |
| Net Assets | $3.0M |
| Transparency Score | 85/100 |
Is Fishermans Mark Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Fishermans Mark directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Fishermans Mark
Fishermans Mark (EIN: 222302255) is a nonprofit organization based in Lambertville, NJ, classified under NTEE code P33Z. The organization reported total revenue of $2.1M and total assets of $4.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fishermans Mark's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fishermans Mark is a mid-size nonprofit that has been operating for 44 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 5.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $1.2M |
| Surplus / Deficit | +$403K |
| Total Assets | $3.6M |
| Total Liabilities | $600K |
| Net Assets | $3.0M |
| Operating Margin | 24.8% |
| Debt-to-Asset Ratio | 16.7% |
| Months of Reserves | 35.4 months |
Financial Health Grade: A
In 2023, Fishermans Mark reported a surplus of $403K with revenue exceeding expenses, holds 35.4 months of operating reserves (strong position), has a debt-to-asset ratio of 16.7% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Fishermans Mark's revenue has grown at a compound annual growth rate (CAGR) of 5.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.6% | +1.2% | +11.2% |
| 2022 | -21.1% | +23.0% | +35.6% |
| 2021 | +42.0% | +39.9% | +56.3% |
| 2020 | +30.2% | -10.7% | +80.6% |
| 2019 | +25.8% | -0.3% | +34.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1982 |
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 Fishermans Mark with a Mission Score of 85 out of 100 (Excellent). 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: 80%
- fundraising: 10%
According to IRS 990 filings, Fishermans Mark allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $403K, with revenue exceeding expenses.
- Debt-to-asset ratio: 16.7%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided financial data, making a specific assessment difficult without further information.
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 Fishermans Mark's IRS 990 filings:
- Lack of detailed executive compensation disclosure in provided data.
- Limited granular detail on program spending beyond broad categories.
- No clear public impact report or detailed program outcomes.
Strengths
The following positive indicators were identified for Fishermans Mark:
- Consistent revenue growth from $596,984 in 2016 to $1,622,387 in 2023.
- Significant asset growth from $637,963 in 2016 to $3,600,904 in 2023.
- Healthy liquidity with current assets consistently exceeding liabilities.
- Low fundraising costs based on general expenditure trends.
Frequently Asked Questions about Fishermans Mark
Is Fishermans Mark a legitimate charity?
Based on AI analysis of IRS 990 filings, Fishermans Mark (EIN: 222302255) some concerns. Mission Score: 85/100. 3 red flags identified, 4 strengths noted.
How does Fishermans Mark spend its money?
Fishermans Mark directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Fishermans Mark tax-deductible?
Fishermans Mark is registered as a tax-exempt nonprofit (EIN: 222302255). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Fishermans Mark's spending goes to programs?
Fishermans Mark directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Fishermans Mark compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Fishermans Mark is above average for NTEE category P33Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Fishermans Mark located?
Fishermans Mark is headquartered in Lambertville, New Jersey and files with the IRS under EIN 222302255. It is classified under NTEE code P33Z.
How many years of IRS 990 filings does Fishermans Mark have?
Fishermans Mark has 14 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 $2.1M in total revenue.
What does Fishermans Mark do?
Fishermans Mark is a nonprofit organization in the Human Services sector, located in Lambertville, New Jersey. It is classified under NTEE code P33Z.
How much revenue does Fishermans Mark have?
Fishermans Mark reported total revenue of $2,071,088. Based on 14 IRS 990 filings on record.
What are Fishermans Mark's total assets?
Fishermans Mark holds total assets of $4,109,961 as reported in IRS 990 filings.
Where is Fishermans Mark located?
Fishermans Mark is based in Lambertville, New Jersey.
What is Fishermans Mark's EIN?
Fishermans Mark's Employer Identification Number (EIN) is 222302255. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Fishermans Mark?
Fishermans Mark is classified under NTEE code P33Z (Human Services).
Is Fishermans Mark a registered 501(c)(3)?
Yes, Fishermans Mark is recognized as a tax-exempt organization by the IRS. EIN: 222302255.
Does Fishermans Mark file IRS Form 990?
Yes, Fishermans Mark has 14 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Fishermans Mark's revenue in 2023?
In the 202312 filing period, Fishermans Mark reported total revenue of $1,622,387, total expenses of $1,219,749, and net assets of $3,600,904.
Is Fishermans Mark's revenue growing or declining?
Fishermans Mark's revenue is growing. Revenue went from $1,493,677 (202212) to $1,622,387 (202312), a +8.6% change. Based on 14 filings on record.
What is Fishermans Mark's most recent 990 filing?
The most recent IRS Form 990 filing for Fishermans Mark covers tax period 202312. It shows revenue of $1,622,387, expenses of $1,219,749, total assets of $3,600,904, and liabilities of $600,354.
How much does Fishermans Mark spend on programs vs administration?
Based on IRS 990 analysis, Fishermans Mark allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Fishermans Mark a trustworthy charity?
Based on AI analysis of IRS 990 data, Fishermans Mark appears trustworthy. Mission Score: 85/100 (Excellent). 3 red flags identified. 4 strengths noted.
What are the red flags for Fishermans Mark?
The following concerns were identified: Lack of detailed executive compensation disclosure in provided data.. Limited granular detail on program spending beyond broad categories.. No clear public impact report or detailed program outcomes.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Fishermans Mark's strengths?
Positive indicators for Fishermans Mark include: Consistent revenue growth from $596,984 in 2016 to $1,622,387 in 2023.. Significant asset growth from $637,963 in 2016 to $3,600,904 in 2023.. Healthy liquidity with current assets consistently exceeding liabilities.. Low fundraising costs based on general expenditure trends.. These findings are derived from AI analysis of the organization's financial filings.
How does Fishermans Mark compensate executives?
Executive compensation is not explicitly detailed in the provided financial data, making a specific assessment difficult without further information. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the substantial growth in assets and revenue, what specific strategies has Fishermans Mark implemented to achieve this scale, and how are these reflected in their program delivery?
The provided data indicates strong financial expansion, but the specific programmatic strategies driving this growth are not detailed. Further information on new initiatives, partnerships, or expanded services would be needed to understand the operational underpinnings of this financial success.
With 'c0%' listed in the financial data, does this imply zero fundraising costs, or is it an indicator of incomplete data for that specific metric?
The 'c0%' likely indicates that the specific line item for fundraising costs was either zero or not separately itemized in the provided summary. Without more detailed expense breakdowns, it's difficult to ascertain if fundraising is truly zero or if it's embedded within other administrative or program costs.
Filing History
IRS 990 filing history for Fishermans Mark showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Fishermans Mark's revenue has grown by 105.6%, moving from $789K to $1.6M. Total assets increased by 133% over the same period, from $1.5M to $3.6M. Total functional expenses rose by 18.3%, from $1.0M to $1.2M. In its most recent filing year (2023), Fishermans Mark reported a surplus of $403K, with revenue exceeding expenses. The organization holds $600K in liabilities against $3.6M in assets (debt-to-asset ratio: 16.7%), resulting in net assets of $3.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.6M | $1.2M | $3.6M | $600K | — | View 990 |
| 2022 | $1.5M | $1.2M | $3.2M | $667K | — | View 990 |
| 2021 | $1.9M | $980K | $2.4M | $85K | — | View 990 |
| 2020 | $1.3M | $701K | $1.5M | $141K | — | View 990 |
| 2019 | $1.0M | $784K | $846K | $91K | — | View 990 |
| 2018 | $813K | $787K | $628K | $113K | — | View 990 |
| 2017 | $712K | $716K | $607K | $118K | — | View 990 |
| 2016 | $597K | $740K | $638K | $145K | — | View 990 |
| 2015 | $2.0M | $723K | $1.0M | $366K | — | View 990 |
| 2014 | $1.2M | $862K | $1.4M | $2.1M | — | View 990 |
| 2013 | $806K | $969K | $1.4M | $2.4M | — | View 990 |
| 2012 | $819K | $1.0M | $1.4M | $2.3M | — | View 990 |
| 2011 | $1.3M | $1.1M | $1.5M | $2.1M | — | View 990 |
| 2010 | $789K | $1.0M | $1.5M | $2.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.6M, expenses of $1.2M, and assets of $3.6M (revenue +8.6% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.2M, and assets of $3.2M (revenue -21.1% year-over-year).
- 2021: Revenue of $1.9M, expenses of $980K, and assets of $2.4M (revenue +42.0% year-over-year).
- 2020: Revenue of $1.3M, expenses of $701K, and assets of $1.5M (revenue +30.2% year-over-year).
- 2019: Revenue of $1.0M, expenses of $784K, and assets of $846K (revenue +25.8% year-over-year).
- 2018: Revenue of $813K, expenses of $787K, and assets of $628K (revenue +14.2% year-over-year).
- 2017: Revenue of $712K, expenses of $716K, and assets of $607K (revenue +19.3% year-over-year).
- 2016: Revenue of $597K, expenses of $740K, and assets of $638K (revenue -70.8% year-over-year).
- 2015: Revenue of $2.0M, expenses of $723K, and assets of $1.0M (revenue +76.8% year-over-year).
- 2014: Revenue of $1.2M, expenses of $862K, and assets of $1.4M (revenue +43.7% year-over-year).
- 2013: Revenue of $806K, expenses of $969K, and assets of $1.4M (revenue -1.6% year-over-year).
- 2012: Revenue of $819K, expenses of $1.0M, and assets of $1.4M (revenue -37.0% year-over-year).
- 2011: Revenue of $1.3M, expenses of $1.1M, and assets of $1.5M (revenue +64.6% year-over-year).
- 2010: Revenue of $789K, expenses of $1.0M, and assets of $1.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fishermans Mark:
Data Sources and Methodology
This transparency report for Fishermans Mark 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.