COMMERCIAL FISHERIES CENTER OF RHODE ISLAND INC

WAKEFIELD, RI, 02880-5161 (401) 741-4178 Est. 2021 EIN 87-2476405
K30— Food, Agriculture & Nutrition Form 990 501(c)(3)
www.cfcri.org

Mission

TO PRESERVE COMMERCIAL FISHING AS A PROFESSION, CULTURE AND WAY OF LIFE THROUGH PROMOTING SUSTAINABILITY OF THE RESOURCE. THE ORGANIZATION ALSO BRINGS AWARENESS TO THE LOCAL FISHING COMMUNITY THROUGH FUNDRAISING AND ADVOCACY.

Financials

Total Revenue
$402,769
Total Expenses
$237,428
Net Assets
$338,751
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
17.1 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 60.2%
Expenses ↑ 143.9%
Revenue Sources
Contributions 67.1% Earned revenue 32.8% Investment 0.1%
Expense Breakdown
Program 98.3% Management 1.4% Fundraising 0.3%

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EIN: 87-2476405 · Source: IRS Form 990 e-file data