2024-09-23T17:02:28-05:00 2023-12-31 410746749 CLIFTONLARSONALLEN LLP 10700 NORTHUP WAY SUITE 200 BELLEVUE WA 98004 990 2023-01-01 273091938 SUSTAINABLE FISHERIES PARTNERSHIP FOUNDATION SUST 8087262582 4348 WAIALAE AVENUE 692 HONOLULU HI 96816 JAMES CANNON CEO 8087262582 2024-09-12 1 1 ALLEN GILBERT CPA P01380103 4252506100 2024-09-11 2023 2024-08-08 14:25:15Z JAMES CANNON 4348 WAIALAE AVENUE 692 HONOLULU HI 96816 10420043 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 25 10 237459 0 6622411 9906152 543474 442926 578 70965 0 0 7166463 10420043 0 50802 0 0 5285466 5948943 0 0 288779 2890245 3219139 8175711 9218884 -1009248 1201159 6339858 7761531 830995 1051509 5508863 6710022 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 7142484 50802 205467 SEE SCHEDULE O SEE SCHEDULE O 7142484 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 17 0 1 25 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 0 0 AR CA X X CHISA WOODLEY 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 320327 0 27502 ANDREI KLIMENKO CHIEF OPERATING OFFICER 40.00 X 194892 0 25227 CHISA WOODLEY CHIEF FINANCIAL OFFICER 40.00 X 147098 0 13547 KATHRYN NOVAK BIODIVERSITY AND NATURE DIRECTOR 40.00 X 149668 0 22352 CHARLES BURG DEVELOPMENT AND GOV RELATIONS DIRECTOR 40.00 X 146649 0 42103 BRADDOCK SPEAR GLOBAL POLICY DIRECTOR 40.00 X 142233 0 40046 DAVID MARTIN DIRECTOR SUPPLY CHAIN ROUNDTABLES 40.00 X 140956 0 17513 COURTNEY SAKAI CHIEF STRATEGY & COMM OFFICER 40.00 X 125100 0 16087 1366923 0 204377 14 0 1 0 GLOBALIZATION PARTNERS ONE BOSTON PLACE SUITE 2599 BOSTON MA 02107 GLOBAL EMPLOYMENT PROVIDER 317218 1 804490 9101662 9906152 METRICS INCOME 561000 237459 237459 FISHERY TECHNICAL SUPP 541610 205467 205467 442926 70965 70965 10420043 205467 237459 70965 X 50802 50802 724484 312038 412446 4284048 3391159 688046 204843 59124 47142 6459 5523 385102 248599 102362 34141 496185 384206 88887 23092 6893 6893 39948 39948 2037336 1832563 189812 14961 6300 6300 117367 62472 53107 1788 48433 24509 23824 100 487971 410614 73026 4331 316809 309874 6935 43213 43213 DUES AND SUBSCRIPTIONS 40106 16758 23348 EQUIPMENT EXPENSE 33039 33039 LOSS EXCHANGE RATE 18537 766 17771 MISC. 17192 13629 3563 5995 4314 1681 9218884 7142484 1787621 288779 4074246 4354821 1504383 1309069 314504 1463305 175677 86697 265152 360028 193507 6339858 7761531 751127 826494 79868 225015 830995 1051509 X 1827264 1359896 3681599 5350126 5508863 6710022 6339858 7761531 1201159 0 X X 0 1 X 1 0 X 7492477 8940169 7003904 6622411 9906152 39965113 7492477 8940169 7003904 6622411 9906152 39965113 25229516 14735597 3674 530 427 578 70965 76174 40041287 770651 0.36800 0.36580 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 10503235 83192 83192 10420043 0 10420043 9302076 83192 83192 9218884 0 9218884 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. INCOME TAX RETURNS FOR 2020, 2021 AND 2022 ARE OPEN TO EXAMINATION BY THE IRS. 1 CENTRAL AMERICA AND THE CARIBBEAN 0 2 SUSTAINABLE FISHING FISHERIES INFORMATION AND IMPROVEMENT 9000 EAST ASIA AND THE PACIFIC 1 44 SUSTAINABLE FISHING FISHERIES INFORMATION AND IMPROVEMENT 1961665 EUROPE (INCLUDING ICELAND & GREENLAND) 0 47 SUSTAINABLE FISHING FISHERIES INFORMATION AND IMPROVEMENT 1399406 NORTH AMERICA 0 7 SUSTAINABLE FISHING FISHERIES INFORMATION AND IMPROVEMENT 456900 RUSSIA AND NEIGHBORING STATES 0 0 SUSTAINABLE FISHING FISHERIES INFORMATION AND IMPROVEMENT 14453 SOUTH AMERICA 0 0 SUSTAINABLE FISHING FISHERIES INFORMATION AND IMPROVEMENT 56357 MIDDLE EAST AND NORTH AFRICA 0 19 SUSTAINABLE FISHING FISHERIES INFORMATION AND IMPROVEMENT 1639105 SOUTH ASIA 0 1 SUSTAINABLE FISHING FISHERIES INFORMATION AND IMPROVEMENT SUB-SAHARAN AFRICA 0 1 SUSTAINABLE FISHING FISHERIES INFORMATION AND IMPROVEMENT 1 120 0 1 1 121 5536886 0 5536886 EAST ASIA AND THE PACIFIC WORK IN PROMOTING RESPONSIBLE SOURCING PRACTICES ALONG THE PHILIPPINES SEAFOOD SUPPLY CHAINS AS WELL AS CONSUMERS RESPONSIBLE SEAFOOD CHOICES. 18106 WIRE TRANSFER 0 EUROPE (INCLUDING ICELAND & GREENLAND) ADDRESSING THE CARBON AND BIODIVERSITY IMPACTS OF AQUACULTURE BY MOTIVATING RESPONSIBLE AQUACULTURE PRACTICES AT SCALE. 32696 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 320327 0 0 0 0 0 12869 0 14633 0 347829 0 0 0 ANDREI KLIMENKO CHIEF OPERATING OFFICER 194892 0 0 0 0 0 7618 0 17609 0 220119 0 0 0 CHARLES BURG DEVELOPMENT AND GOV RELATIONS DIRECT 146649 0 0 0 0 0 6114 0 35989 0 188752 0 0 0 BRADDOCK SPEAR GLOBAL POLICY DIRECTOR 142233 0 0 0 0 0 6094 0 33952 0 182279 0 0 0 KATHRYN NOVAK BIODIVERSITY AND NATURE DIRECTOR 149668 0 0 0 0 0 6094 0 16258 0 172020 0 0 0 CHISA WOODLEY CHIEF FINANCIAL OFFICER 147098 0 0 0 0 0 5884 0 7663 0 160645 0 0 0 DAVID MARTIN DIRECTOR SUPPLY CHAIN ROUNDTABLES 140956 0 0 0 0 0 5952 0 11561 0 158469 0 0 0 PART III, LINE 4A SUSTAINABLE FISHERIES PARTNERSHIP FOUNDATION (SFP) IS WORKING TO ENGAGE AND CATALYZE GLOBAL SEAFOOD SUPPLY CHAINS IN REBUILDING DEPLETED FISH STOCKS AND REDUCING THE ENVIRONMENTAL IMPACTS OF FISHING AND FISH FARMING, WITH MAJOR PROJECTS IN ASIA, EUROPE, AND NORTH AND SOUTH AMERICA. SFP CONVENES, EDUCATES, AND ADVISES SUPPLY CHAIN STAKEHOLDERS, INCLUDING MAJOR RETAILERS, RESTAURANT CHAINS, SEAFOOD BRAND OWNERS, BUYERS, PRODUCERS (FISHERS), NGOS, AND FISHERIES MANAGEMENT AND SCIENTIFIC INSTITUTIONS, TO IMPROVE FISHERIES PRACTICES AND POLICIES. SFP STRUCTURES MOST OF ITS WORK AROUND FIVE INITIATIVES: SFP LAUNCHED THE TARGET 75 (T75) INITIATIVE IN 2017, AS A DEDICATED AND CONCRETE BENCHMARK ON THE WAY TO OUR ULTIMATE GOAL OF 100-PERCENT-SUSTAINABLE SEAFOOD. T75 SEEKS TO CREATE THE LARGE-SCALE CHANGE AND MOMENTUM NEEDED TO ACHIEVE THIS GOAL. T75 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. SFP'S PROTECTING OCEAN WILDLIFE INITIATIVE ENGAGES AND MOBILIZES RETAILERS, THE SEAFOOD INDUSTRY, AND THE ENTIRE SEAFOOD SUPPLY CHAIN TO REDUCE THE WORLDWIDE BYCATCH OF SHARKS, SEABIRDS, MARINE MAMMALS, AND SEA TURTLES. CURRENT EFFORTS INCLUDE FOCUSING ON REDUCING BYCATCH IN LONGLINE TUNA FISHERIES, PROMOTING GEAR INNOVATION TO REDUCE THE RISK OF ENTANGLEMENT FOR CRITICALLY ENDANGERED MARINE MAMMALS, CONDUCTING BYCATCH AUDITS OF SEAFOOD SUPPLY CHAINS, AND MANAGING THE BYCATCH SOLUTIONS HUB A TOOL FOR CONNECTING SEAFOOD COMPANIES AND INNOVATIVE FISHERIES AROUND THE WORLD TO REVERSE THE DECLINE OF OCEAN WILDLIFE. SUPPORTING SMALL-SCALE FISHERIES: ALTERNATIVE APPROACHES ARE NEEDED TO ENSURE LEGAL FISHING RIGHTS AND EFFECTIVE PARTICIPATION OF SMALL-SCALE FISHERS IN THE DECISION-MAKING PROCESS, SO THAT THE NEEDS OF RESOURCE USERS AND THEIR COMMUNITIES ARE REFLECTED IN FISHERIES MANAGEMENT. SFP'S SUPPORTING SMALL-SCALE FISHERIES INITIATIVE FOCUSES ON BUILDING THE ENABLING CONDITIONS FOR POSITIVE CHANGE IN FISHERIES GOVERNANCE SYSTEMS AND FAIRER DISTRIBUTION OF BENEFITS THROUGH EFFECTIVE CO-MANAGEMENT OF FISHERIES. IMPROVING FISHERIES MANAGEMENT: SFP WORKS TO IMPROVE FISHERIES POLICY AND GOVERNANCE IN KEY COUNTRIES AND AT THE REGIONAL LEVEL TO ACHIEVE STRONGER ENVIRONMENTAL PROTECTIONS AND ENFORCEMENT, MORE SUSTAINABLY MANAGED STOCKS, AND GREATER BENEFITS FOR FISHING COMMUNITIES. THIS INITIATIVE HAS A PARTICULAR FOCUS ON COMBATTING ILLEGAL, UNREPORTED, AND UNREGULATED (IUU) FISHING IN WILD-CAPTURE FISHERIES WORLDWIDE. PROMOTING REGENERATIVE AQUACULTURE: SFP ENGAGES INTERNATIONAL MARKETS, THE MIDDLE OF THE SEAFOOD SUPPLY CHAIN, FISH FARMERS, AND LOCAL COMMUNITIES TO ENSURE A RELIABLE AND SAFE SUPPLY OF FARMED SEAFOOD. CURRENT EFFORTS FOCUS ON MANGROVE HABITAT CONSERVATION AND REGENERATION IN SHRIMP FARMING REGIONS AND REDUCING THE CLIMATE AND ENVIRONMENTAL IMPACTS OF AQUACULTURE FEED. A KEY COMPONENT OF SFP'S STRATEGY INCLUDES IMPROVING ACCESS TO INFORMATION USED TO GUIDE RESPONSIBLE SEAFOOD SOURCING. SFP IMPLEMENTS THIS STRATEGY IN A NUMBER OF WAYS, INCLUDING BY CATALYZING AND ADVISING INDUSTRY-LED FISHERY IMPROVEMENT PROJECTS (FIPS) AND AQUACULTURE IMPROVEMENT PROJECTS (AIPS); ORGANIZING FISH BUYERS INTO SUPPLY CHAIN ROUNDTABLES (SRS); SPONSORING FISHERIES FORUM EVENTS; AND MAINTAINING FISHSOURCE, AN ONLINE INFORMATION RESOURCE THAT RECORDS THE STATUS OF FISH STOCKS. FIPS AND AIPS ARE COLLABORATIONS AMONG RELEVANT STAKEHOLDERS TO INFLUENCE POLICIES AND MANAGEMENT PRACTICES AND IMPROVE THE SUSTAINABILITY OF FISHING AND FISH FARMING OPERATIONS. ONCE ESTABLISHED, THEY FUNCTION AS A CONTINUOUS IMPROVEMENT VEHICLE THAT ALIGNS THE INTERESTS OF THE SUPPLY CHAIN. THEY SET AND IMPLEMENT THEIR OWN IMPROVEMENT OBJECTIVES (USING PUBLIC WORKPLANS AND MEASURABLE MILESTONES) AND ARE DESIGNED TO BE LED BY INDUSTRY AND TO OUTLIVE THE INITIAL INVOLVEMENT OF NGOS SUCH AS SFP, FUNCTIONING AS LONG AS NECESSARY TO ACHIEVE THEIR SUSTAINABILITY GOALS. SFP IS CURRENTLY MONITORING AND ADVISING IMPROVEMENT IN MORE THAN 200 FIPS GLOBALLY, AND MONITORING MULTIPLE AIPS IN INDONESIA AND CHINA. SFP ALSO ORGANIZES SEAFOOD BUYERS INTO SUPPLY CHAIN ROUNDTABLES (SRS), WHICH OVERSEE THE CREATION OF FIPS AND AIPS IN THEIR AREAS AND MONITOR PROGRESS. AN SR IS A FORUM FOR PROCESSORS, IMPORTERS, AND OTHERS THAT BUY DIRECTLY FROM A SPECIFIC SEAFOOD SECTOR TO WORK TOGETHER IN A PRE-COMPETITIVE ENVIRONMENT TO ACHIEVE IMPROVEMENTS IN FISHERIES OR AQUACULTURE. CURRENTLY, SFP WORKS WITH NINE SRS. IN 2016, SFP BEGAN EMPHASIZING INDUSTRY-DRIVEN EFFORTS OVER SFP INITIATING FIPS, AIPS, AND SIMILAR PROJECTS ON ITS OWN. SFP HOLDS MANY MEETINGS TO COINCIDE WITH THE MAJOR ANNUAL SEAFOOD INDUSTRY TRADE SHOWS, SUCH AS SEAFOOD EXPO NORTH AMERICA (BOSTON), SEAFOOD EXPO GLOBAL (BARCELONA), AND OTHER INDUSTRY EVENTS. THIS GIVES SR PARTICIPANTS A CHANCE TO MEET IN-PERSON TO DISCUSS PROGRESS AND RELATED ISSUES, AND GIVES SFP THE CHANCE TO MEET FACE-TO-FACE WITH THE PARTICIPANTS TO ANSWER QUESTIONS, PROVIDE UPDATED DATA CONNECTED TO A PARTICULAR PROJECT, AND OFFER ADDITIONAL INFORMATION. ANOTHER IMPORTANT INFORMATION TOOL SFP USES TO INFORM IMPROVEMENT IN FISHERIES IS FISHSOURCE, A ONE-OF-A-KIND ONLINE INFORMATION RESOURCE THAT RECORDS THE STATUS OF FISH STOCKS AND FISHERIES AND, SINCE 2018, AQUACULTURE UNITS. SFP CREATED FISHSOURCE (WWW.FISHSOURCE.ORG) 17 YEARS AGO, SO THAT THE SEAFOOD INDUSTRY COULD ACCESS UP-TO-DATE, IMPARTIAL, ACTIONABLE INFORMATION ON THE STATUS OF FISHERIES AND THE IMPROVEMENTS THAT ARE NEEDED TO BECOME SUSTAINABLE. FISHSOURCE CURRENTLY PROVIDES PUBLIC INFORMATION ON MORE THAN 5,000 WILD-CAPTURE FISHERIES AND MORE THAN 70 AQUACULTURE REGIONS. EXAMPLES OF SFP'S PROGRESS TOWARD GLOBALLY SUSTAINABLE FISHERIES IN 2023 INCLUDE: PROTECTING OCEAN WILDLIFE: WE LAUNCHED THE BYCATCH SOLUTIONS HUB, AN ONLINE TOOL THAT CONNECTS COMPANIES AND INNOVATORS AROUND THE WORLD TO REVERSE THE DECLINE OF OCEAN WILDLIFE. THE HUB PROVIDES A MATCHMAKING SERVICE BRINGING TOGETHER INTEREST, FUNDING, AND EXPERTISE TO REDUCE BYCATCH. ALREADY, SEVERAL PROJECTS HAVE BEEN FUNDED THROUGH THE HUB. WE ALSO UNVEILED OUR PROTECTING OCEAN WILDLIFE PLEDGE, SIGNED BY SEVERAL MAJOR RETAILERS WHO HAVE COMMITTED TO REDUCING BYCATCH OF VULNERABLE MARINE WILDLIFE IN COMMERCIAL FISHERIES. AND WE EXPANDED OUR INTERACTIVE SOLVE MY BYCATCH PROBLEM TOOL TO INCLUDE POT AND TRAP FISHERIES, IN ADDITION TO LONGLINE FISHERIES. SUPPORTING SMALL-SCALE FISHERIES: SFP SUPPORTED PERUVIAN FISHER AND PROCESSOR ORGANIZATIONS IN ADVOCATING FOR INCREASED RIGHTS FOR SMALL-SCALE FISHERS IN PERU. THE PERUVIAN GOVERNMENT PASSED AN IMPORTANT LAW ENABLING REGISTRATION BY COOPERATIVES IN THE ARTISANAL MAHI-MAHI AND JUMBO FLYING SQUID FISHERIES, REMOVING BARRIERS FOR MORE THAN 900 ARTISANAL VESSELS TO OPERATE LEGALLY IN PERUVIAN WATERS AND CLEARING THE WAY FOR FULL FORMALIZATION OF THE ENTIRE ARTISANAL FLEET. IN ADDITION, SFP SUPPORTED THE ESTABLISHMENT OF A SMALL-SCALE SNAPPER-GROUPER FISHERS NETWORK IN SOUTH SULAWESI, INDONESIA. THE NETWORK'S MEMBERSHIP INCLUDES MORE THAN 400 SMALL-SCALE FISHERS. IMPROVING FISHERIES MANAGEMENT: WE WERE A FOUNDING MEMBER THIS YEAR OF THE NATURE CRIME ALLIANCE, WHICH BRINGS TOGETHER CRITICAL STAKEHOLDERS TO COMBAT A BROAD RANGE OF NATURE CRIMES. IN THE PHILIPPINES, BETTER SEAFOOD PHILIPPINES (BSP), WHICH IS LED BY SFP AND SUPPORTED BY THE UNITED STATES AGENCY FOR INTERNATIONAL DEVELOPMENT, WAS FEATURED AT THE FIRST PHILIPPINES RESPONSIBLE SEAFOOD SUMMIT. PROMOTING SUSTAINABLE AQUACULTURE: SFP AND LONGLINE ENVIRONMENT UNVEILED A NEW AQUACULTURE MAPPING TOOL THAT IDENTIFIES WHERE SHRIMP FARMING IS LOCATED WITHIN OR ADJACENT TO MANGROVE HABITAT IN INDIA, INDONESIA, THAILAND, AND VIETNAM. WE ALSO SIGNED A MEMORANDUM OF UNDERSTANDING WITH THE AQUACULTURE STEWARDSHIP COUNCIL TO COLLABORATE ON SUSTAINABLE PRODUCTION AND PRACTICES AROUND THE WORLD. SUPPLY CHAIN ROUNDTABLES: THE U.S. GULF OF MEXICO SHRIMP FISHERY, WHERE SFP HAS BEEN WORKING FOR MORE THAN 15 YEARS, ENTERED INTO SUSTAINABILITY ASSESSMENTS UNDER THE MARINE STEWARDSHIP COUNCIL AND CERTIFIED SEAFOOD COLLABORATIVE RESPONSIBLE FISHERIES MANAGEMENT CERTIFICATION PROGRAMS. THE MEMBERS OF SFP'S GLOBAL SQUID SUPPLY CHAIN ROUNDTABLE SIGNED AN MOU DEMONSTRATING THEIR COMMITMENT TO PREVENTING IUU FISHING IN THEIR SUPPLY CHAINS AND IMPROVING TRACEABILITY AND TRANSPARENCY IN THEIR SUPPLY CHAINS. THE GLOBAL ROUNDTABLE ON MARINE INGREDIENTS, LAUNCHED BY SFP AND IFFO THE MARINE INGREDIENTS ORGANISATION, RELEASED A HUMAN RIGHTS IMPACT ASSESSMENT OF THE SMALL PELAGIC FISH VALUE CHAIN IN SENEGAL AND MAURITANIA, IDENTIFYING SEVERAL ACTUAL AND POTENTIAL HUMAN RIGHTS IMPACTS THAT THE ROUNDTABLE IS COMMITTED TO ADDRESSING. FORM 990, PART III, LINE 4B TARGET 75: SFP'S SCIENCE TEAM PUBLISHED THE 14TH EDITION OF OUR ANNUAL SUSTAINABILITY OVERVIEW OF REDUCTION FISHERIES, AS WELL AS NEW SECTOR SUSTAINABILITY UPDATES FOR OCTOPUS AND MAHI-MAHI, AND A REVISED OVERALL T75 SECTORS STATUS UPDATE. SCIENCE AND TOOLS: WITH THE HILBORN LAB AT THE UNIVERSITY OF WASHINGTON, WE RELEASED A NEW VERSION OF OUR FISHERY IMPROVEMENT PROJECTS DATABASE, WHICH CONTAINS DATA ON ALL 300 FIPS INITIATED TO DATE. WE ADDED FOUR NEW ENVIRONMENT AND BIODIVERSITY SCORES TO OUR FISHSOURCE SCORING SYSTEM, TO BETTER CAPTURE THE IMPACTS OF FISHERIES ON THE NATURAL WORLD. THREE ADDITIONAL COMPANIES BEGAN PARTICIPATING IN SFP'S OCEAN DISCLOSURE PROJECT, AN ONLINE TRANSPARENCY PLATFORM THAT ALLOWS COMPANIES TO DISCLOSURE THEIR WILD-CAPTURE AND FARMED SEAFOOD SOURCES. 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 15A 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 CONSULTING: PROGRAM SERVICE EXPENSES 1,427,513. MANAGEMENT AND GENERAL EXPENSES 144,118. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,571,631. PAYROLL SERVICES: PROGRAM SERVICE EXPENSES 402,103. MANAGEMENT AND GENERAL EXPENSES 45,694. FUNDRAISING EXPENSES 14,961. TOTAL EXPENSES 462,758. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 2,947. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,947. FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR.