Public Charity

NATIONAL FISHERIES INSTITUTE INC

NATIONAL FISHERIES INSTITUTE INC, of RESTON, VA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $5.5M in revenue, $5.1M in expenses, $8.4M in total assets. 2 publicly reported grants to this organization, totaling roughly $71K, appear in IRS filings.

EIN: 530175414 RESTON, VA Latest filing: 2024
Total Revenue$5.5M
Total Expenses$5.1M
Total Assets$8.4M
Grant Records2
Funding Total$71K
Filing Years2019–2024

Mission

THE OBJECTIVE OF THE INSTITUTE IS TO ASSURE A CONTINUOUS GROWING CONSUMPTION OF FISH AND SEAFOOD PRODUCTS IN THE UNITED STATES IN ORDER TO CONTRIBUTE TO THE OVERALL FOOD REQUIREMENTS AND NUTRITIONAL NEEDS OF THE POPULATION AND TO ENHANCE THE WELFARE OF THE INDUSTRY,THUS PROVIDING EMPLOYMENT AND INVESTMENT OPPORTUNITIES.

Where $100 goes at National Fisheries Institute Inc

How National Fisheries Institute Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$100 Programs the work itself
<$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$41
Special projects are conducted to provide informational and technical material to members on new government regulations that affect them
41% of program spending
$30
Nfi sponsors conventions and meetings to provide a forum for industry members to exchange information on new regulations and technical developments in the seafood industry
30% of program spending
$29
Communication projects deliver positive message about the safety of seafood and its nutritional value and health benefits
29% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Director Andy Mecs
VP EXTERNAL AFFAIR Brandon Phillips
Director Christine Ngo
Director Daryl Gromley
Director Eric Bloom
CHIEF STRATEGY OFFICER Gavin Gibbons

Officer compensation and complete director data available with membership.

Top Grant Purposes

Unspecified
$71,200 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $5.5M $5.1M $8.4M
2023 $5.1M $5.0M $7.9M
2022 $4.9M $5.1M $6.8M
2020 $4.5M $4.6M $5.2M
2019 $5.1M $5.1M $5.6M

Between 2019 and 2024, reported annual revenue grew from $5.1M to $5.5M (+8%), with total assets most recently reported at $8.4M.

Interactive year-over-year charts and full filing details available with membership.

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