Philanthropy & Grantmaking (T30) IRS Verified DX Registered 990 on File

FISHING FOR LIFE

EIN: 43-2058434 · MINNEAPOLIS, MN 55419-0320 · United States · FY 2023 Data

3 out of 5 59 / 100 Based on 2+ years of filings

Financial strength (30%) 92/100

Reliability (20%) 55/100

Effectiveness (25%) 81/100

Impact (25%) No data yet

Financial data: FY 2023 · Scored 9/13/2026

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Mission Statement

Fishing For Life’s mission is to serve youth, family and community through fishing and outdoor programs. Our non-profit organization uses hands-on fishing events and mentoring programs to impact the lives of at-risk youth and families in the Twin Cities and surrounding areas. Our target audience includes: inner-city youth, single-parent families, military families/kids who’ve lost a parent in the military, participants in MN Teen Challenge, JROTC, and youth referred to us by the Anoka County Sheriff’s Department, to name a few. Over the last 10 years, FFL has reached thousands of youth and hopes to continue to grow its positive impact in our community. Presently boasting 9 active programs and ministries, Fishing for Life has received wide support from national fishing organizations, military Yellow Ribbon communities, the Anoka County Sheriff’s Department, the Minneapolis Parks and Rec Board, DNR mentoring programs, urban ministries, suburban and urban churches, local retailers, professional anglers, and volunteers. In 2013, we utilized over 600 volunteers who logged more than 2,000 volunteer hours! Your charitable donation will help us continue in serving our community!

Financial Overview — FY 2023

$794K

Total Revenue

$695K

Total Expenses

$797K

Net Assets

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 78.2%

Fundraising Efficiency 0.0%

Operating Reserve 13.76x

Liability-to-Asset 3.8%

Revenue Diversification 50.9%

Executive Compensation $99K

Compared with Peers

FY 2023

Compared with 26,134 similar organizations (United States, Philanthropy & Grantmaking, $100K–$1M in expenses), FY 2023.

This organization Middle half of peers (P25–P75) Peer median

Ratio	This org	Peer median	Position (P10 → P90)
Program expense ratio Program expenses / total expenses · higher is better	78.2%	90.7%	P10P90	Bottom quarter
Admin expense ratio Management and general / total expenses · lower is better	21.8%	7.8%	P10P90	Bottom quarter
Fundraising expense ratio Fundraising expenses / total expenses · lower is better	0.0%	0.0%	P10P90	Top quarter
Fundraising efficiency Fundraising expenses / gross fundraising income · lower is better	0.0%	7.3%	P10P90	Top quarter
Operating reserve Months of expenses covered by net assets · higher is better	13.8 mo	106.5 mo	P10P90	Bottom quarter
Liabilities to assets Total liabilities / total assets · lower is better	3.8%	0.0%	P10P90	Bottom quarter
Revenue concentration Share of revenue from the largest source · lower is better	50.9%	90.6%	P10P90	Top quarter
Revenue growth Year over year revenue growth	2.5%	4.1%	P10P90
Expense growth Year over year expense growth	14.3%	2.5%	P10P90
Surplus margin Surplus as a share of revenue	12.4%	-10.5%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2023	$794K	$695K	$797K	78.2%	6
2022	$775K	$609K	$688K	66.2%	6
2021	$715K	$510K	N/A	—	6

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Organization Details

EIN: 43-2058434
State: MN
City: MINNEAPOLIS
ZIP: 55419-0320
Classification: T30
Category: Philanthropy & Grantmaking
Rating: 3★
Coverage: A
Last Updated: Aug 2026
IRS Ruling Year: 2005
Foundation Code: 15
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

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