2025-10-16T12:56:57-05:00 2024-12-31 410746749 CLIFTONLARSONALLEN LLP 10700 NORTHUP WAY SUITE 200 BELLEVUE WA 98004 990 2024-01-01 273091938 SUSTAINABLE FISHERIES PARTNERSHIP FOUNDATION SUST 8087262582 4348 WAIALAE AVENUE 692 HONOLULU HI 96816 JAMES CANNON CEO 8087262582 2025-10-06 1 1 ALLEN GILBERT CPA P01380103 4252506100 2025-10-06 2024 2025-03-06 01:10:19Z JAMES CANNON 4348 WAIALAE AVENUE 692 HONOLULU HI 96816 7990019 0 X WWW.SUSTAINABLEFISH.ORG X 2009 HI TO ENGAGE AND CATALYZE GLOBAL SEAFOOD SUPPLY CHAINS IN REBUILDING DEPLETED FISH STOCKS AND REDUCING THE ENVIRONMENTAL IMPACTS OF FISHING AND FISH FARMING. 10 10 33 10 230615 0 9906152 7183401 442926 616790 70965 181550 0 8278 10420043 7990019 50802 286768 0 0 5948943 5889326 0 0 217190 3219139 3200956 9218884 9377050 1201159 -1387031 7761531 6182097 1051509 859106 6710022 5322991 X TO ENGAGE AND CATALYZE GLOBAL SEAFOOD SUPPLY CHAINS IN REBUILDING DEPLETED FISH STOCKS AND REDUCING THE ENVIRONMENTAL IMPACTS OF FISHING AND FISH FARMING. 0 0 7272534 286768 386175 SEE SCHEDULE O 0 0 0 SEE SCHEDULE O 7272534 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 20 0 1 33 1 1 1 1 ID 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AR CA HI X X ANDREI KLIMENKO 8087262582 4348 WAIALAE AVENUE 692 HONOLULU HI 96816 JEAN-LOUIS MEURIC CHAIR 2.00 X X 0 0 0 CAT DOREY VICE-CHAIR 2.00 X X 0 0 0 MANISH KUMAR TREASURER 2.00 X X 0 0 0 ED RHODES SECRETARY 2.00 X X 0 0 0 SUSANNA FULLER DIRECTOR 2.00 X 0 0 0 ANDREW HUDSON DIRECTOR 2.00 X 0 0 0 AOIFE MARTIN DIRECTOR 2.00 X 0 0 0 CRISTINA RUMBAITIS DEL RIO DIRECTOR 2.00 X 0 0 0 BAMBI SEMROC DIRECTOR 2.00 X 0 0 0 ANDREW YANAGIHARA DIRECTOR 2.00 X 0 0 0 JAMES CANNON ASSISTANT SECRETARY, CEO 40.00 X 326679 0 28611 ANDREI KLIMENKO CHIEF OPERATING OFFICER 40.00 X 198074 0 28094 CHISA WOODLEY CHIEF FINANCIAL OFFICER (THRU 9/24) 40.00 X 115000 0 10302 JENNIFER QUINN CHIEF FINANCIAL OFFICER (AS OF 7/24) 40.00 X 82223 0 5266 KATHRYN NOVAK BIODIVERSITY AND NATURE DIRECTOR 40.00 X 152689 0 23004 CHARLES BURG DEVELOPMENT AND GOV RELATIONS DIRECTOR 40.00 X 148317 0 42914 BRADDOCK SPEAR PROSPECTING AND OUTREACH DIRECTOR 40.00 X 144862 0 41179 DAVID MARTIN GLOBAL SUPPLY CHAINS DIRECTOR 40.00 X 151831 0 22677 ANGELA HAYLON DEPUTY OPERATIONS DIRECTOR 40.00 X 101233 0 45489 1420908 0 247536 19 0 1 0 GLOBALIZATION PARTNERS ONE BOSTON PLACE SUITE 2599 BOSTON MA 02107 GLOBAL EMPLOYMENT PROVIDER 234257 1 1140638 6042763 7183401 FISHERY TECHNICAL SUPP 541610 386175 386175 METRICS INCOME 561000 230615 230615 616790 181550 181550 MISCELLANEOUS REVENUE 900099 8278 8278 8278 7990019 386175 230615 189828 X 286768 286768 794241 342083 452158 4144335 3186277 802747 155311 52500 45584 786 6130 384227 248059 123277 12891 514023 396290 94468 23265 5457 5457 40406 40406 1918213 1717203 187736 13274 111241 87506 22045 1690 26408 19248 7110 50 536579 521947 11791 2841 333250 331435 1815 45610 45610 DUES AND SUBSCRIPTIONS 106055 52153 52181 1721 FEES, TAXES, AND LICENS 50657 36664 13976 17 LOSS EXCHANGE RATE 22841 431 22410 PROGRAM SUPPLIES & MATE 2121 341 1780 2118 545 1573 9377050 7272534 1887326 217190 4354821 3470206 1309069 1335974 1463305 1016867 175677 105350 265152 90436 193507 163264 7761531 6182097 826494 729979 225015 129127 1051509 859106 X 1359896 2000891 5350126 3322100 6710022 5322991 7761531 6182097 -1387031 0 X X 0 1 X 1 1 1 X 8940169 7003904 6622411 9906152 7183401 39656037 8940169 7003904 6622411 9906152 7183401 39656037 23837881 15818156 530 427 578 70965 181550 254050 39910087 1141242 0.39630 0.36800 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 8114332 124313 124313 7990019 0 7990019 9501363 124313 124313 9377050 0 9377050 PART X, LINE 2: THE FOUNDATION ADHERES TO GENERALLY ACCEPTED ACCOUNTING PRINCIPLES (GAAP) PERTAINING TO UNCERTAIN TAX POSITIONS. THOSE PRINCIPLES CALL FOR UNCERTAIN TAX POSITIONS TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON REGULATORY EXAMINATION. MANAGEMENT IS NOT AWARE OF ANY UNCERTAIN TAX POSITIONS AFFECTING THE FOUNDATION'S TAX STATUS OR FINANCIAL STATEMENTS. 1 CENTRAL AMERICA AND THE CARIBBEAN 0 3 PROGRAM SERVICES FISHERIES INFORMATION AND IMPROVEMENT 9000 EAST ASIA AND THE PACIFIC 1 31 PROGRAM SERVICES FISHERIES INFORMATION AND IMPROVEMENT 1792896 EUROPE (INCLUDING ICELAND & GREENLAND) 0 46 PROGRAM SERVICES FISHERIES INFORMATION AND IMPROVEMENT 1556722 NORTH AMERICA 0 10 PROGRAM SERVICES FISHERIES INFORMATION AND IMPROVEMENT 479761 RUSSIA AND NEIGHBORING STATES 0 1 PROGRAM SERVICES FISHERIES INFORMATION AND IMPROVEMENT 8635 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES FISHERIES INFORMATION AND IMPROVEMENT 65764 SOUTH AMERICA 0 25 PROGRAM SERVICES FISHERIES INFORMATION AND IMPROVEMENT 1661957 SUB-SAHARAN AFRICA 0 1 PROGRAM SERVICES FISHERIES INFORMATION AND IMPROVEMENT SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 0 CONTRIBUTIONS RECEIVED N/A EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 CONTRIBUTIONS RECEIVED N/A 1 117 0 0 1 117 5574735 0 5574735 EAST ASIA AND THE PACIFIC WORK IN PROMOTING RESPONSIBLE SOURCING PRACTICES ALONG THE PHILIPPINES SEAFOOD SUPPLY CHAINS AS WELL AS CONSUMERS' RESPONSIBLE SEAFOOD CHOICES. 121010 WIRE TRANSFER 0 EUROPE (INCLUDING ICELAND & GREENLAND) ADDRESSING THE CARBON AND BIODIVERSITY IMPACTS OF AQUACULTURE BY MOTIVATING RESPONSIBLE AQUACULTURE PRACTICES AT SCALE. 165758 WIRE TRANSFER 0 0 2 0 0 0 0 0 0 PART I, LINE 2: THE ORGANIZATION RARELY MAKES GRANTS TO FOREIGN ORGANIZATIONS, AND ONLY TO ORGANIZATIONS THAT ARE DIRECTLY INVOLVED IN THE MISSION OF THE ORGANIZATION (SUSTAINABLE FISHERIES) AND ARE KNOWN TO ORGANIZATION MANAGEMENT TO BE REPUTABLE ORGANIZATIONS. WHEN FOREIGN GRANTS ARE MADE, MONITORING PROCEDURES OVER THE USE OF GRANT FUNDING ARE IMPLEMENTED ON A FACTS AND CIRCUMSTANCES BASIS. SUCH PROCEDURES MAY BE EXTENSIVE, PARTICULARLY WHEN THE GRANT RECIPIENT IS WORKING ON A PROJECT THAT IS FUNDED BY RESTRICTED GRANT FUNDING WITH SPECIFIC DELIVERABLES AND COMPLIANCE REQUIREMENTS. OR THE PROCEDURES MAY BE LIMITED OR NIL FOR SMALLER GRANTS PAID WITH OPERATING FUNDS, GIVEN THAT THE GRANT RECIPIENT AGREES TO USE THE GRANT TOWARD THE ORGANIZATION'S PROGRAMMATIC INITIATIVES. X X X X 0 0 0 0 0 0 0 0 0 JAMES CANNON ASSISTANT SECRETARY, CEO 326679 0 0 0 0 0 13126 0 15485 0 355290 0 0 0 ANDREI KLIMENKO CHIEF OPERATING OFFICER 198074 0 0 0 0 0 7764 0 20330 0 226168 0 0 0 CHARLES BURG DEVELOPMENT AND GOV RELATIONS DIRECT 148317 0 0 0 0 0 6237 0 36677 0 191231 0 0 0 BRADDOCK SPEAR PROSPECTING AND OUTREACH DIRECTOR 144862 0 0 0 0 0 6216 0 34963 0 186041 0 0 0 KATHRYN NOVAK BIODIVERSITY AND NATURE DIRECTOR 152689 0 0 0 0 0 6216 0 16788 0 175693 0 0 0 DAVID MARTIN GLOBAL SUPPLY CHAINS DIRECTOR 151831 0 0 0 0 0 6240 0 16437 0 174508 0 0 0 PART I, LINE 3 THE SAME PROCESS AS DESCRIBED IN THE PREVIOUS FORM 990. FORM 990, PART III, LINE 4A SUSTAINABLE FISHERIES PARTNERSHIP (SFP) IS WORKING TOWARD A WORLD WHERE ALL FISHERIES AND AQUACULTURE ARE IMPROVING AND EVERYONE HAS ACCESS TO RESPONSIBLY SOURCED AND PRODUCED SEAFOOD. SFP WORKS ACROSS THE ENTIRE SEAFOOD VALUE CHAIN, FROM THE WORLD'S LARGEST RETAILERS TO ARTISANAL FISHERS, TO FIND PRACTICAL SOLUTIONS TO DIFFICULT PROBLEMS. THROUGH STRONG RELATIONSHIPS WITH THE SEAFOOD INDUSTRY AND THE CATCH SECTOR, SFP LEVERAGES THE POWER OF RETAILERS, SEAFOOD BUYERS, AND THEIR SUPPLY CHAINS TO DRIVE CHANGE IN FISHERIES AND AQUACULTURE REGIONS AROUND THE WORLD. SFP FOCUSES ON DELIVERING IMPACT IN THREE MAIN AREAS: ENSURING ABUNDANT FISHERIES: WHILE GOVERNMENTS ARE ULTIMATELY RESPONSIBLE FOR PRESERVING AND MAINTAINING THE HEALTH OF FISH STOCKS, MANY LACK THE NECESSARY RESOURCES OR TECHNICAL AND STRUCTURAL CAPACITY TO MANAGE EVERY FISHERY EFFECTIVELY. TO SUPPORT GOVERNMENT EFFORTS, SFP PROMOTES INNOVATIVE MODELS FOR MANAGING THESE COMMON RESOURCES. SFP BELIEVES THAT THE ROUTE TO LASTING CHANGE IS THROUGH COLLABORATIVE MANAGEMENT, INVOLVING THE PRIVATE SECTOR IN FINANCING AND PARTICIPATING IN DATA COLLECTION AND SCIENCE, MANAGEMENT REGULATIONS AND DECISIONS, AND MONITORING AND COMPLIANCE ENFORCEMENT. PROMOTING HEALTHY MARINE AND COASTAL ECOSYSTEMS: SFP BRIDGES THE GAP BETWEEN COMPANIES THAT WANT TO TAKE ACTION TO PROTECT BIODIVERSITY AND NATURE AND ORGANIZATIONS THAT ARE DOING GOOD WORK ON THE GROUND AND IN THE WATER, HELPING THEM SCALE-UP THEIR ACTIVITIES FOR WIDER IMPACT. THIS WORK INCLUDES OUR PROTECTING OCEAN WILDLIFE PROGRAM, WHICH ADDRESSES BYCATCH (THE CAPTURE OF NON-TARGET SPECIES DURING FISHING) IN MARINE FISHERIES. IN COASTAL ECOSYSTEMS, OUR PROMOTING ECOSYSTEM AQUACULTURE PROGRAM IS BUILT AROUND REDUCING THE CLIMATE AND ENVIRONMENTAL IMPACT OF AQUACULTURE FEED AND ITS INGREDIENTS, SUPPORTING SHRIMP FARMING'S ROLE IN RESTORING AND REGENERATING MANGROVE HABITATS, AND APPLYING LANDSCAPE APPROACHES TO AQUACULTURE MANAGEMENT AND DEVELOPMENT. SUPPORTING RESILIENT COMMUNITIES: SFP WORKS TO ADVANCE OPPORTUNITIES FOR FISHING COMMUNITIES WORLDWIDE. CREATING RESILIENT LIVELIHOODS AND COMMUNITIES INVOLVES ENSURING THAT FISHERS HAVE A LEGAL RIGHT TO FISH AND THE CAPACITY TO PARTICIPATE IN DECISIONS THAT AFFECT THEM, AS WELL AS ENHANCING COMMUNITY CAPACITY TO RETAIN VALUE LOCALLY, FOSTERING THE ECONOMIC RESILIENCE OF COASTAL AREAS. GLOBALLY, WE SUPPORT FISHERS AND THEIR COMMUNITIES IN MAXIMIZING PRODUCT VALUE AND REDUCING COSTS, ENSURING THE OPTIMAL USE OF MARINE NATURAL RESOURCES. WE WORK WITH FISHERS, LOCAL COMMUNITIES, AND LOCAL ORGANIZATIONS AND INSTITUTIONS TO IMPLEMENT GOVERNANCE AND ECONOMIC INITIATIVES THAT BOTH SUSTAIN ECOSYSTEMS AND EMPOWER COMMUNITIES THROUGH ENSURING LEGAL RIGHTS FOR FISHERS, SUPPORTING FISHER ORGANIZATION AND PARTICIPATION, AND ADVANCING SUSTAINABILITY IN DOMESTIC MARKETS IN ALL OF THESE IMPACT AREAS, SFP'S PRIMARY GOAL IS TO BUILD INDUSTRY LEADERSHIP TO TAKE SUSTAINABILITY TO SCALE, AS LONG-TERM POSITIVE CHANGE IS ONLY POSSIBLE IF INDUSTRY IS ON BOARD. THIS INCLUDES THE ENTIRE SEAFOOD VALUE CHAIN, FROM FISHERS AND FARMERS TO SUPPLIERS AND RETAILERS. SFP MEETS INDUSTRY STAKEHOLDERS WHERE THEY ARE AND HELPS THEM MOVE FORWARD, DEMONSTRATING WHAT IS POSSIBLE AND BUILDING THEIR CAPACITY TO LEAD. SEAFOOD BUYERS: THROUGH STANDARDS AND COMMITMENTS, RETAILERS, FOODSERVICE COMPANIES, BRANDS, AND OTHER MAJOR SEAFOOD BUYERS SET THE TONE FOR SUSTAINABILITY, AND HAVE THE REACH AND INFLUENCE TO MOBILIZE IMPROVEMENTS IN THEIR ENTIRE SUPPLY CHAINS. SFP'S INDUSTRY PARTNERS REPRESENT MORE THAN 30 MAJOR COMPANIES FROM AROUND THE WORLD WHO ACTIVELY DRIVE CHANGE IN THEIR SUPPLY CHAINS TO IMPROVE FISHERIES AND AQUACULTURE. SEAFOOD SUPPLIERS: BY ENSURING THAT RESPONSIBLE STANDARDS AND PRACTICES ARE MAINTAINED THROUGHOUT THE SEAFOOD PRODUCTION PROCESS, SEAFOOD SUPPLIERS PROVIDE AN IMPORTANT LINK BETWEEN BUYERS AND PRODUCERS. SFP'S SUPPLY CHAIN ROUNDTABLES (SRS) SERVE AS A FORUM FOR PROCESSORS, IMPORTERS, AND OTHERS THAT BUY DIRECTLY FROM SPECIFIC FISHERY SECTORS TO WORK PRE-COMPETITIVELY TO SCALE-UP THEIR INDIVIDUAL EFFORTS AND MORE EFFECTIVELY ADVOCATE FOR IMPROVEMENTS. SEAFOOD PRODUCERS: AS THE FRONT LINE IN ENSURING SEAFOOD SUSTAINABILITY, SEAFOOD PRODUCERS AND PROCESSORS CAN HELP DRIVE CHANGE BY IMPLEMENTING RESPONSIBLE PRACTICES AND WORKING TOGETHER ON IMPROVEMENT EFFORTS. SFP ENCOURAGES PRODUCERS AND PROCESSORS TO COOPERATE IN FISHERY IMPROVEMENT PROJECTS (FIPS) AND AQUACULTURE IMPROVEMENT PROJECTS (AIPS) AND SUPPORTS THE ESTABLISHMENT OF REPRESENTATIVE ORGANIZATIONS THAT ALLOW PRODUCERS AND PROCESSORS TO PARTICIPATE FULLY IN FISHERIES MANAGEMENT AND DECISION MAKING AND ADVOCATE FOR IMPROVED PRACTICES. SFP IS A DATA-DRIVEN ORGANIZATION. SFP EXPERTS ANALYZE AND INTERPRET FISHERIES AND AQUACULTURE DATA FROM AROUND THE WORLD TO PROVIDE OBJECTIVE AND CREDIBLE SCIENTIFIC INFORMATION TO ALLOW THE SEAFOOD INDUSTRY AND OTHER STAKEHOLDERS TO UNDERSTAND THE STATE OF GLOBAL FISHERIES AND WHERE IMPROVEMENTS ARE NEEDED. WE MAKE THIS INFORMATION AVAILABLE TO SEAFOOD COMPANIES THROUGH A SUITE OF INNOVATIVE TOOLS AND SERVICES THAT CAN HELP BUSINESSES DRIVE CHANGE IN THEIR SUPPLY CHAINS AND ADVANCE THEIR OWN SUSTAINABILITY GOALS, ALL WHILE CONTRIBUTING TO THE OVERALL SUSTAINABILITY OF GLOBAL SEAFOOD. FISHSOURCE: SFP'S UNIQUE ONLINE PUBLIC RESOURCE OFFERS MAJOR SEAFOOD BUYERS IMPARTIAL, ACTIONABLE INFORMATION ON THOUSANDS OF FISHERIES AND DOZENS OF AQUACULTURE REGIONS, TRANSLATING SCIENCE INTO EASILY INTERPRETABLE SCORES TO EVALUATE THEIR SEAFOOD. ADVISORY SERVICES: THROUGH OUR SEAFOOD METRICS SYSTEM AND OTHER RESOURCES, SFP PROVIDES TAILORED SOLUTIONS TO HELP BUSINESSES UNDERSTAND THE SUSTAINABILITY OF THEIR SOURCES, IDENTIFY NEEDED IMPROVEMENTS, MONITOR AND REPORT PROGRESS, ENGAGE STAKEHOLDERS, AND SHOWCASE IMPACT. OCEAN DISCLOSURE PROJECT: THE ODP FACILITATES TRANSPARENCY IN SOURCING BY ALLOWING BUSINESSES TO PUBLICLY DISCLOSE KEY INFORMATION ABOUT THEIR SEAFOOD SOURCING PRACTICES AND THEIR CORPORATE SOURCING POLICIES AND COMMITMENTS. FIP EVALUATION PROGRAM: SFP'S FIP EVALUATION TOOL DEFINES AND ASSESSES FISHERY IMPROVEMENT PROJECTS (FIPS) AGAINST SIX STAGES OF ACHIEVEMENT, TO QUICKLY UNDERSTAND THE RATE AT WHICH A FISHERY IS IMPROVING. GLOBAL ALIGNMENT AND TARGETS: ACHIEVING LARGE-SCALE CHANGE AND MOMENTUM REQUIRES STAKEHOLDERS TO COME TOGETHER AND AGREE ON LANGUAGE, STANDARDS, AND DEFINITIONS OF SUSTAINABILITY, TO CREATE SHARED GOALS AND TARGETS. SFP'S TARGET 75 (T75) INITIATIVE AIMS TO ENSURE THAT 75 PERCENT OF SEAFOOD (BY VOLUME) IN 13 KEY SECTORS IS EITHER SUSTAINABLE OR MAKING REGULAR, VERIFIABLE IMPROVEMENTS. TOGETHER, THE T75 SECTORS COVER MOST OF THE MAIN TYPES OF SEAFOOD CONSUMED IN NORTH AMERICA AND EUROPE, AND A SIGNIFICANT PORTION OF WHAT IS CONSUMED IN JAPAN. EXAMPLES OF SFP'S PROGRESS TOWARD RESPONSIBLE AND SUSTAINABLE FISHERIES AND AQUACULTURE IN 2024 INCLUDE: ENSURING ABUNDANT FISHERIES: SFP PUBLISHED A POLICY BRIEF TO HELP OUR PARTNERS AND OTHER COMPANIES UNDERSTAND THE DETAILS OF THE EUROPEAN UNION'S APRIL 2024 CORPORATE SUSTAINABILITY DUE DILIGENCE DIRECTIVE. THE BRIEFING OFFERS INFORMATION ON WHO WILL BE AFFECTED AND WHAT THE REQUIREMENTS ARE, AS WELL AS RECOMMENDATIONS FOR HOW COMPANIES CAN INCORPORATE THE REQUIREMENTS INTO A SUSTAINABLE BUSINESS STRATEGY. AS PART OF THIS WORK, SFP ORGANIZED TRAINING ON HOW TO DEVELOP HUMAN RIGHTS POLICIES AND CONDUCT DUE DILIGENCE. SFP IS ALSO WORKING WITH INDUSTRY TO PROMOTE THE USE OF ELECTRONIC MONITORING (EM) TO IMPROVE THE TRANSPARENCY AND TRACEABILITY OF SEAFOOD PRODUCTS. WE RELEASED A TECHNICAL REPORT THAT PROVIDES GUIDANCE AND RECOMMENDATIONS FOR FISHERIES MANAGERS, REGULATORS, AND THE SEAFOOD INDUSTRY, ALONG WITH AN INDUSTRY BRIEFING THAT OFFERS RECOMMENDATIONS FOR HOW END BUYERS CAN SUPPORT THE BROADER ADOPTION OF EM. SFP ALSO CO-HOSTED A FIRST-OF-ITS-KIND ELECTRONIC MONITORING WORKSHOP IN COSTA RICA, BRINGING TOGETHER STAKEHOLDERS TO SHARE KNOWLEDGE, EXPERIENCES, AND INSIGHTS ON EM AND DISCUSS A PATH FORWARD TO INCREASING THE USE OF EM AS A TOOL FOR TRANSPARENCY AND VERIFICATION. FORM 990, PART III, LINE 4B PROTECTING OCEAN WILDLIFE: SFP HOSTED THE 3RD ANNUAL BYCATCH SOLUTIONS SHOWCASE AT SEAFOOD EXPO NORTH AMERICA 2024 IN BOSTON, HIGHLIGHTING PRACTICES AND TECHNOLOGIES THAT CAN REDUCE BYCATCH OF NON-TARGET SPECIES IN WILD-CAPTURE FISHERIES. OUR BYCATCH SOLUTIONS HUB, AN ONLINE RESOURCE THAT RAISES AWARENESS WITHIN THE SEAFOOD INDUSTRY ABOUT BYCATCH-REDUCTION SOLUTIONS IN COMMERCIAL FISHERIES AND PROVIDES TANGIBLE SUPPORT FOR PROJECTS THAT ARE WORKING TO IMPLEMENT THESE SOLUTIONS HAS HELPED FUND MORE THAN $700,000 IN BYCATCH-SOLUTIONS-BASED PROJECTS. WE ARE ALSO COLLABORATING WITH OTHER NGOS TO PROVIDE TAILORED RECOMMENDATIONS TO INDUSTRY ON TUNA SUSTAINABILITY AND BYCATCH. PROMOTING ECOSYSTEM AQUACULTURE: SFP'S FEED SOLUTIONS DIRECTORY FEATURES NEARLY 100 ORGANIZATIONS, TOOLS, CASE STUDIES, AND PRACTICAL GUIDANCE FOR COMPANIES ON HOW TO REDUCE THE CLIMATE AND ENVIRONMENTAL IMPACT OF AQUACULTURE FEED AND ITS INGREDIENTS. WE ALSO LAUNCHED A DATABASE TO CONNECT SUPPLY CHAIN STAKEHOLDERS WITH ACTIVE MANGROVE PROTECTION AND RESTORATION PROJECTS. AND WE HAVE BEEN COLLABORATING WITH THE AQUACULTURE STEWARDSHIP COUNCIL IN ANDHRA PRADESH, INDIA, TO DEVELOP AND PILOT A ROADMAP FOR HOW TO ADOPT A MULTI-STAKEHOLDER, HOLISTIC APPROACH TO LARGE-SCALE AQUACULTURE IMPROVEMENT. SUPPORTING RESILIENT COMMUNITIES: SFP WORKS CLOSELY WITH SMALL-SCALE FISHING COMMUNITIES AND ORGANIZATIONS IN INDONESIA TO INCREASE PARTICIPATION AND BUILD CAPACITY. WE HAVE SUPPORTED THE EXPANSION OF THE BLUE SWIMMING CRAB (BSC) FISHERS NETWORK IN INDONESIA, PROVIDING TARGETED COACHING AND TECHNICAL SUPPORT. SFP FACILITATED THE ISSUANCE OF FISHER IDS AND VESSEL REGISTRATION IN THE FISHERY AND HELPED THE NETWORK ESTABLISH A BUSINESS COOPERATIVE TO OPERATE A MINIPLANT AND DEVELOP DOMESTIC MARKETS. SFP ALSO HELPED ORGANIZE AND SUPPORT THE CREATION OF THE INDONESIAN NATIONAL DEMERSAL FISHERS NETWORK TO PROVIDE A UNIFIED VOICE FOR FISHERS AND ENHANCE THEIR ABILITY TO PARTICIPATE IN POLICY DEVELOPMENT AND DECISION-MAKING PROCESSES. INDUSTRY LEADERSHIP: SFP HAS BEEN WORKING IN THE U.S. GULF SHRIMP FISHERY FOR 15 YEARS. IN 2024, AFTER YEARS OF COLLABORATION AND FISHERY IMPROVEMENT WORK AMONG THE SHRIMP INDUSTRY, MANAGEMENT AGENCIES, AND NGOS, THE FISHERY BECAME THE FIRST SHRIMP FISHERY IN THE WORLD TO BE CERTIFIED TO THE RESPONSIBLE FISHERIES MANAGEMENT (RFM) STANDARD. THE MEMBER COMPANIES OF SFP'S MEXICAN SNAPPER AND GROUPER SUPPLY CHAIN ROUNDTABLE (SR) SIGNED ON TO A NEW SUSTAINABLE SOURCING POLICY. A NEW OCTOPUS FIP WAS LAUNCHED IN MAURITANIA, THE RESULT OF MANY YEARS OF COLLABORATION BY SFP'S GLOBAL OCTOPUS SR WITH THE MAURITANIAN GOVERNMENT AND LOCAL PRODUCERS AND EXPORTERS. TOOLS FOR SUSTAINABILITY: SFP IS WORKING WITH THE UN FOOD AND AGRICULTURE ORGANIZATION TO DEVELOP A SET OF UNIVERSAL FISHERY IDS THAT ASSIGN A UNIQUE CODE TO EVERY SOURCE FISHERY IN THE WORLD, ALLOWING INCREASED TRANSPARENCY AND CERTAINTY AROUND SOURCING ASSESSMENTS. NEARLY 3,000 INDIVIDUAL TRACEABILITY UNITS HAVE BEEN APPROVED. THE FISHSOURCE TEAM ALSO REVISED AND EXPANDED THEIR SOCIAL EVALUATIONS, ADDED NEW INFORMATION ON TUNA SUSTAINABILITY TO THE DATABASE, AND PUBLISHED A PAPER IN THE JOURNAL FISH AND FISHERIES OUTLINING A NEW METHOD FOR ASSESSING DATA-LIMITED FISHERIES. IN SEAFOOD METRICS, WE INTRODUCED A NEW UNIQUE PRODUCT CODE-BASED SYSTEM TO IMPROVE ACCURACY AND TRANSPARENCY. ADDITIONALLY, THREE NEW COMPANIES BEGAN DISCLOSING THEIR WILD-CAUGHT AND FARMED SOURCING THROUGH THE OCEAN DISCLOSURE PROJECT, BRINGING THE TOTAL OF COMPANIES THAT HAVE DISCLOSED TO 48. GLOBAL ALIGNMENT AND TARGETS: SFP AND THE HILBORN LAB AT THE UNIVERSITY OF WASHINGTON LAUNCHED THE LATEST VERSION OF THE FISHERY IMPROVEMENT PROJECTS DATABASE (FIP-DB), A COMPREHENSIVE RESOURCE FOR RESEARCHERS, NGOS, GOVERNMENTS, AND THE SEAFOOD INDUSTRY TO UNDERSTAND WHAT IS WORKING IN FIPS AROUND THE WORLD AND CONTRIBUTE TO IMPROVED FISHERIES MANAGEMENT. SFP ALSO RELEASED THE 14TH EDITION OF OUR ANNUAL SUSTAINABILITY OVERVIEW OF THE MAIN PACIFIC AND ATLANTIC FISH STOCKS USED FOR REDUCTION PURPOSES. FOR FURTHER INFORMATION ON SFP AND HIGHLIGHTS OF THE PAST YEAR, PLEASE VISIT WWW.SUSTAINABLEFISH.ORG TO VIEW OUR ANNUAL REPORT. FORM 990, PART VI, SECTION A, LINE 1A THE BOARD OF DIRECTORS, BY RESOLUTION ADOPTED BY A MAJORITY OF DIRECTORS IN OFFICE, MAY DESIGNATE AND APPOINT ONE OR MORE COMMITTEES AND APPOINT DIRECTORS TO SERVE ON SUCH COMMITTEES. THESE COMMITTEES, TO THE EXTENT PROVIDED IN SUCH RESOLUTION, HAVE THE AUTHORITY TO ACT ON BEHALF OF THE BOARD, EXCEPT AS OTHERWISE PROVIDED BY LAW, THE ARTICLES OF INCORPORATION, OR BYLAWS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 WAS PROVIDED TO THE AUDIT AND FINANCE COMMITTEES OF THE BOARD OF DIRECTORS, EACH OF WHOM REVIEWED IT IN DETAIL WITH MANAGEMENT. FORM 990 WAS THEN CIRCULATED TO THE FULL BOARD OF DIRECTORS FOR THEIR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS AND KEY EMPLOYEES ARE ASKED TO UPDATE A DISCLOSURE FORM ON AN ANNUAL BASIS. THIS PROCESS IS MONITORED BY THE ORGANIZATION'S CHIEF FINANCIAL OFFICER. THE MEMBER WITH THE POTENTIAL CONFLICT OF INTEREST SHALL DISCLOSE ALL RELEVANT DETAILS TO THE BOARD, WHO WILL THEN DETERMINE IF A CONFLICT EXISTS. IF A CONFLICT OF INTEREST IS FOUND TO EXIST, THE CONFLICTED PERSON IS RECUSED FROM DISCUSSION AND VOTING ON TOPICS RELATING TO THE CONFLICT. ALL DELIBERATION AND DECISION REGARDING CONFLICTS OF INTEREST ARE RECORDED IN THE BOARD MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 15 THE CEO'S COMPENSATION WAS DETERMINED AND APPROVED BY THE BOARD OF DIRECTORS, AFTER REVIEWING COMPARABILITY DATA. THE RESULTS OF THIS PROCESS WERE DOCUMENTED IN MINUTES OF THE BOARD OF DIRECTORS MEETING. THE CEO RECUSED HIMSELF FROM THE MEETING DURING THE DISCUSSION OF COMPENSATION. THIS PROCESS WAS LAST COMPLETED IN 2023. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 1023 AND FORM 990 AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. THE ORGANIZATION'S FORM 990 IS ALSO AVAILABLE AT WWW.GUIDESTAR.ORG. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 1,717,203. MANAGEMENT AND GENERAL EXPENSES 187,736. FUNDRAISING EXPENSES 13,274. TOTAL EXPENSES 1,918,213. FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR.