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Animals : Wildlife Conservation

The Billfish Foundation

Advancing the conservation of Billfish & associated species to improve the health of oceans & economies

two stars

79.80

5100 North Federal Highway Suite 200
Fort Lauderdale, FL 33308
tel: (800) 438-8247   Web Site
EIN: 59-2694327

Board Leadership
Chase Offield
Chairman

CEO
Ellen Peel
President

  Score
(out of 100)
Rating
Overall Score & Rating 79.80 two stars
  Financial 78.67 two stars
  Accountability & Transparency 81.00 three stars
This rating was published 09/01/2020 and includes data from FY2018, the most recent 990 received at that time.

The Billfish Foundation (TBF) was founded in 1986 with a mission of conserving billfish worldwide. TBF's keystone program, the traditional tagging program, was begun in 1990. Today, it has grown to be the largest international billfish tagging program in the world. TBF's initial focus was on research and educational programs. In 1990, TBF's focus was expanded to include advocacy for responsible fisheries management, recognizing that influencing decision makers with sound science was a crucial step in successful billfish conservation.

The Billfish Foundation (TBF) was founded in 1986 with a mission of conserving billfish worldwide. TBF's keystone program, the traditional tagging program, was begun in 1990. Today, it has grown to be the largest international billfish tagging program in the world. TBF's initial focus was on research and educational programs. In 1990, TBF's focus was expanded to include advocacy for responsible fisheries management, recognizing that influencing decision makers with sound science was a crucial step in successful billfish conservation.

Financial

two stars

78.67

Accountability & Transparency

three stars

81.00

This rating was published 09/01/2020 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
71.6%
  Administrative Expenses 22.2%
  Fundraising Expenses 6.0%
  Fundraising Efficiency $0.06
  Working Capital Ratio (years) 0.95
  Program Expenses Growth -0.4%
  Liabilities to Assets 1.6%
All data for Financial Performance Metrics calculations was provided by The Billfish Foundation on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by The Billfish Foundation on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
The Billfish Foundation (FL) 79.80 two stars
Wildlife Center of Virginia (VA) 95.58 four stars
WildAid (CA) 96.48 four stars
Save the Manatee Club (FL) 91.77 four stars
Loggerhead Marinelife Center (FL) 93.91 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $828,374
   Federated Campaigns $0
   Membership Dues $231,842
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $1,060,216
   Program Service Revenue $0
Total Primary Revenue $1,060,216
   Other Revenue $68,073
TOTAL REVENUE $1,128,289
   
EXPENSES  
   Program Expenses $886,704
   Administrative Expenses $174,351
   Fundraising Expenses $56,789
TOTAL FUNCTIONAL EXPENSES $1,117,844
   
Payments to Affiliates $0
Excess (or Deficit) for the year $10,445
   
Net Assets $1,155,517

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Release and Tagging Program $408,437 46.1%
Public Outreach $247,206 27.9%
Public Awareness $231,061 26.1%

Within the last year, this charity had a CN Advisory removed. Read More

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2017-12 09/01/2020 77.90 two stars
2017-12 09/01/2020 77.90 two stars
2016-12 05/01/2018 79.61 two stars
2015-12 04/01/2017 81.43 three stars
2014-12 06/01/2016 80.95 three stars
 
CN 2.0
2014-12 02/01/2016 73.17 two stars
2013-12 06/01/2015 74.85 two stars
2012-12 05/01/2014 82.19 three stars
2011-12 06/01/2013 83.12 three stars

Historical CN Advisories

05/08/2020-09/01/2020: Moderate Concern Advisory

In accordance with our policy for removing CN Advisories, Charity Navigator removed the Moderate Concern CN Advisory for the The Billfish Foundation on September 1, 2020, because the issues that prompted the CN Advisory have been resolved. Specifically:

  • The organization has filed the missing 990s

Charity Navigator had published a Moderate Concern CN Advisory on The Billfish Foundation because we became aware of the following information in connection with this charity:

  • Charities are required to file an annual federal tax return (the Form 990) with the IRS. A 501(c)3 public charity must file their Form 990 by the 15th day of the 5th month after the organization's accounting period ends. Upon filing Form 8868, an organization can request a 3-month extension, which is granted automatically. An organization can file for another 3-month extension, but it will be reviewed and the application must show reasonable cause for the additional time required. We have reached out to The Billfish Foundation for further clarification as to why we have not received their most recent Form 990 from the IRS yet, but have not received an adequate explanation and have thus issued this Moderate Concern CN Advisory. For more information on this, please see page 6 of the IRS Form 990 instructions.

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 59-2694327
Name in IRS Master File BILLFISH FOUNDATION INC
NTEE Code D32
NTEE Classification Bird Sanctuary, Preserve
NTEE Type Animal-Related
Classification Educational Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (529) Ecology or conservation
(350) Preservation of natural resources (conservation)
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date April, 1987
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
  • December, 2012
Compensation % of Expenses Paid to Title
$130,115 11.63% Ellen Peel President

Highly Rated

Charity Name & State Overall Score Overall Rating
The Billfish Foundation (FL) 79.80 two stars
Big Life Foundation USA (WA) 96.66 four stars
Dian Fossey Gorilla Fund International (GA) 97.47 four stars
National Fish and Wildlife Foundation (DC) 89.88 three stars
Snow Leopard Trust (WA) 91.24 four stars

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Charity Contact Info

The Billfish Foundation
5100 North Federal Highway
Suite 200
Fort Lauderdale, FL 33308
tel: (800) 438-8247
fax: (954) 938-5311
EIN: 59-2694327

Visit Web Site

Board Leadership

Chase Offield
Chairman

CEO

Ellen Peel
President

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