Public Charity

FERRY COVE SHELLFISH INC

FERRY COVE SHELLFISH INC is a private foundation categorized as Public Charity based in SHERWOOD, MD. Its most recent IRS filing (2025) reports revenue of $3.0M, expenses of $3.1M, total assets of $112K. Imperigo tracks 3 reported grants from this foundation totaling approximately $536K.

EIN: 844611271 SHERWOOD, MD Fisheries Resources NTEE: D33 Latest filing: 2025
Total Revenue$3.0M
Total Expenses$3.1M
Total Assets$112K
Grants Given3
Grant Total$536K
Filing Years2021–2025

Mission

FERRY COVE SHELLFISH, AN OYSTER HATCHERY ON MARYLAND'S EASTERN SHORE, PRODUCES SHELLFISH LARVAE AND SEED AND DEVELOPS NEW TECHNIQUES TO IMPROVE AQUACULTURE EFFICIENCY AND COST-EFFECTIVENESS. THROUGH ITS HATCHERY AND PRODUCTION FACILITIES, FERRY COVE'S GOAL IS TO FACILITATE THE GROWTH AND LONG-TERM VIABILITY OF THE COMMERCIAL SHELLFISH INDUSTRY AND PROMOTE A THRIVING CHESAPEAKE BAY.

Where $100 goes at Ferry Cove Shellfish Inc

How Ferry Cove Shellfish Inc divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.

$86 Programs the work itself
$11 Management running the organization
$3 Fundraising raising the next dollar

Inside the $86 for programs

$86
Ferry Cove Shellfish is committed to the long-term viability of the commercial shellfish industry and a thriving chesapeake bay
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Given

MD SEAFOOD COOPERATIVE
SHERWOOD, MD · 2024
GENERAL OPERATING EXPENSES
$118,592
UNIVERSITY OF MARYLAND FOR ENVIRONMENTAL SCIENCE
CAMBRIDGE, MD · 2024
SUPPORT MIPS GRANT PARTNERSHIP
$10,000
MD SEAFOOD COOPERATIVE
SHERWOOD, MD · 2023
GENERAL OPERATING EXPENSES
$407,116

Showing up to 5 of 3 total records — full history available with membership.

Officers & Directors

MEMBER James Perdue
MEMBER Michael Roman
PRESIDENT & Stephan Abel
MEMBER Tina Davenport

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$535,708 3 grants

Financial Trends

Year Revenue Expenses Assets
2025 $3.0M $3.1M $112K
2024 $1.5M $1.5M $97K
2023 $1.7M $1.7M $152K
2022 $589K $1.3M $120K
2021 $1.5M $724K $782K

Between 2021 and 2025, reported annual revenue grew from $1.5M to $3.0M (+105%), with total assets most recently reported at $112K.

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

Grant Geography

Grants from this foundation were reported to recipients in MD.

MD

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for FERRY COVE SHELLFISH INC

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