Civic Intelligence

Big Fish Foundation

990 • Fiscal year 2023 • EIN 84-4160627

Jan 01, 2023 to Dec 31, 2023 • Filed on May 15, 2024

1865 Magnolia DrNederland, CO 80466

(512) 508-0703

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

69th percentile

0.02x

Higher debt load relative to assets than 69% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

64th percentile

0.00x

Higher debt load relative to revenue than 64% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

17th percentile

-24%

Higher net margin than 17% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

12th percentile

-43%

Faster asset growth than 12% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

21st percentile

-26%

Faster revenue growth than 21% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$118,469

Down $90,705 (-43%) from 2022

Net Assets

Down

$116,612

Down $92,562 (-44%) from 2022

Liabilities

Up

$1,857

Up $1,857 from 2022

Revenue

Down

$377,836

Down $133,737 (-26%) from 2022

Expenses

Up

$470,398

Up $41,223 (+9.6%) from 2022

Net Income

Down

-$92,562

Down $174,960 (-212%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0Assets 2020: $71,170Liabilities 2020: $02020Assets 2021: $126,776Liabilities 2021: $0Net Assets 2021: $126,7762021Assets 2022: $209,174Liabilities 2022: $0Net Assets 2022: $209,1742022Assets 2023: $118,469Liabilities 2023: $1,857Net Assets 2023: $116,6122023Assets 2024: $125,509Liabilities 2024: $1,935Net Assets 2024: $123,5742024

Highlighted filing

2023

Assets$118,469
Liabilities$1,857
Net Assets$116,612

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2020: $121,748Expenses 2020: $50,577Net Income 2020: $71,1712020Revenue 2021: $283,426Expenses 2021: $227,820Net Income 2021: $55,6062021Revenue 2022: $511,573Expenses 2022: $429,175Net Income 2022: $82,3982022Revenue 2023: $377,836Expenses 2023: $470,398Net Income 2023: -$92,5622023Revenue 2024: $424,321Expenses 2024: $417,359Net Income 2024: $6,9622024

Highlighted filing

2023

Revenue$377,836
Expenses$470,398
Net Income-$92,562
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 15, 2024
Return Version
2023v5.0
Gross Receipts
$384,195
Mission and Program Overview

Mission

To support veterans in taking back ownership of their narrative & mental health through education, and training in the campaign against suicide;to mentor veterans through transition and struggle by creating opportunities for public service, social connection, and physical activity;to reconstitute service values and increase personal accountability in veterans to set conditions for growth opportunities; and to resource veteran owned enterprises in supporting such veterans efforts.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$209,174$118,469▼ $90,705
Total Assets$209,174$118,469▼ $90,705
Liabilities
Other Liabilities-$1,857-
Total Liabilities$0$1,857▲ $1,857
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$209,174$116,612▼ $92,562
Total Net Assets Fund Balance$209,174$116,612▼ $92,562
Total Liabilities and Net Assets / Fund Balance$209,174$118,469▼ $90,705
Compensation and Service Providers

Board Members and Trustees

NameTitle
Dave ColinaBoard Chairm
Andrea SmithBoard Member
Herman PhillipsBoard Member
Mike LongBoard Member
Nicole CarrollBoard Member
Noah DeanBoard Member
Nicholas ShaverAsst Treasur
Chris SlyeSecretary
Rex McintoshTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$221,148
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$156,688
All Other Contributions
$221,148
Change in Net Assets
$-92,562
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$327,726
Grants and Similar Amounts Paid$83,000
Salaries, Compensation, and Employee Benefits$59,672
Total Fundraising Expense$38,832
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$83,000--$83,000
Other Salaries and Wages$37,550$14,000$4,450$56,000
Travel$24,919--$24,919
Office Expenses-$7,793$11,359$19,152
Fees for Services Accounting-$3,530$14,400$17,930
Other Expenses$6,375$750$375$7,500
Advertising$2,467-$2,467$4,934
Payroll Taxes$2,873$459$340$3,672
Insurance-$500-$500
Total Functional Expenses$401,731$29,835$38,832$470,398
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Shields & StripsCarthage, NC-Support Veterans$30,000
The 22 ProjectDelray Beach, FL-Veteran Health$20,000
Allegiance Ranch & EquineErie, CO-Support Veterans$12,000
Hero for HeroSaint Joseph, MO-Veteran Employment$6,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$163,047
Fundraising Direct Expenses$6,359
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Fundrais$163,047$163,047-$163,047
Total Events$163,047$163,047$6,359$156,688
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$1,857
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI

Section b, question 13 - big fish foundation implemented a written whistleblower policy during fiscal year 2023. Section b, question 14 - big fish foundation implemented a written document retention and destruction policy during fiscal year 2023.

Form 990, Page 6, Part VI, Line 11B

Big fish foundation engages an independent accounting firm to prepare the form 990. The treasurer and assistant treasurer completes the initial review of the form 990. The form 990 is subsequently presented to the full board of directors for review, comment and discussion. Following the board review process, the board of directors provides final approval and the form 990 is released for filing with the internal revenue service.

Form 990, Page 6, Part VI, Line 12C

Big fish foundation implemented a conflict of interest policy for the executive director/president and board of directors in fiscal year 2023.

Form 990, Page 6, Part VI, Line 15A

Big fish foundation's president and executive director receives non- employee compensation. The amount is determined by the board of directors taking into consideration hours worked. The determination process is documented by the board of directors.

Form 990, Page 6, Part VI, Line 19

Big fish foundation makes its governing documents and financial statements available to the public upon request. Requests can be placed via email or in writing, copies of requested documents are sent t o the public via email or regular mail.

Filing and Contact Details

Filer

Filer Name
Big Fish Foundation
EIN
84-4160627
Phone
5125080703
Address
1865 MAGNOLIA DR, NEDERLAND, CO 80466

Signing Officer

Name
Nicholas Shaver
Title
Asst Treasurer
Signed
2024-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nicholas Shaver
Formed
2020
Legal Domicile
Co
Voting Board Members
9
Independent Board Members
9
Employees
4

Preparer

Firm
Kelly Galardi CPA LLC
Address
37 S CLINTON STREET, DOYLESTOWN, PA 18901
Preparer
Kelly a Galardi CPA
Phone
2678859185
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To support veterans in taking back ownership of their narrative & mental health through education, and training in the campaign against suicide;to mentor veterans through transition and struggle by creating opportunities for public service, social connection, and physical activity;to reconstitute service values and increase personal accountability in veterans to set conditions for growth opportunities; and to resource veteran owned enterprises in supporting such veterans efforts.

Form 990, Page 2, Part III, Line 4D

Programmatic expenses to support the organization's mission

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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SUPPORT VETERANS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1SUPPORT VETERANS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2VETERAN EMPLOYMENT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3VETERAN HEALTH
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0SHIELDS & STRIPS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1ALLEGIANCE RANCH & EQUINE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2HERO FOR HERO
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3THE 22 PROJECT
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IRS990ScheduleI/RecipientTable/USAddress/CityNm0CARTHAGE
IRS990ScheduleI/RecipientTable/USAddress/CityNm1ERIE
IRS990ScheduleI/RecipientTable/USAddress/CityNm2SAINT JOSEPH
IRS990ScheduleI/RecipientTable/USAddress/CityNm3DELRAY BEACH
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO SUPPORT VETERANS IN TAKING BACK OWNERSHIP OF THEIR NARRATIVE & MENTAL HEALTH THROUGH EDUCATION, AND TRAINING IN THE CAMPAIGN AGAINST SUICIDE;TO MENTOR VETERANS THROUGH TRANSITION AND STRUGGLE BY CREATING OPPORTUNITIES FOR PUBLIC SERVICE, SOCIAL CONNECTION, AND PHYSICAL ACTIVITY;TO RECONSTITUTE SERVICE VALUES AND INCREASE PERSONAL ACCOUNTABILITY IN VETERANS TO SET CONDITIONS FOR GROWTH OPPORTUNITIES; AND TO RESOURCE VETERAN OWNED ENTERPRISES IN SUPPORTING SUCH VETERANS EFFORTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PROGRAMMATIC EXPENSES TO SUPPORT THE ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SECTION B, QUESTION 13 - BIG FISH FOUNDATION IMPLEMENTED A WRITTEN WHISTLEBLOWER POLICY DURING FISCAL YEAR 2023. SECTION B, QUESTION 14 - BIG FISH FOUNDATION IMPLEMENTED A WRITTEN DOCUMENT RETENTION AND DESTRUCTION POLICY DURING FISCAL YEAR 2023.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BIG FISH FOUNDATION ENGAGES AN INDEPENDENT ACCOUNTING FIRM TO PREPARE THE FORM 990. THE TREASURER AND ASSISTANT TREASURER COMPLETES THE INITIAL REVIEW OF THE FORM 990. THE FORM 990 IS SUBSEQUENTLY PRESENTED TO THE FULL BOARD OF DIRECTORS FOR REVIEW, COMMENT AND DISCUSSION. FOLLOWING THE BOARD REVIEW PROCESS, THE BOARD OF DIRECTORS PROVIDES FINAL APPROVAL AND THE FORM 990 IS RELEASED FOR FILING WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BIG FISH FOUNDATION IMPLEMENTED A CONFLICT OF INTEREST POLICY FOR THE EXECUTIVE DIRECTOR/PRESIDENT AND BOARD OF DIRECTORS IN FISCAL YEAR 2023.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BIG FISH FOUNDATION'S PRESIDENT AND EXECUTIVE DIRECTOR RECEIVES NON- EMPLOYEE COMPENSATION. THE AMOUNT IS DETERMINED BY THE BOARD OF DIRECTORS TAKING INTO CONSIDERATION HOURS WORKED. THE DETERMINATION PROCESS IS DOCUMENTED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6BIG FISH FOUNDATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. REQUESTS CAN BE PLACED VIA EMAIL OR IN WRITING, COPIES OF REQUESTED DOCUMENTS ARE SENT T O THE PUBLIC VIA EMAIL OR REGULAR MAIL.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
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