Emerald Isle Fishing Tournament
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE MISSION OF THE EMERALD ISLE FISHING TOURNAMENT IS TO FOSTER COMMUNITY ENGAGEMENT, ENVIRONMENTAL STEWARDSHIP AND EDUCATIONAL ADVANCEMENT. THE BOARD OF DIRECTORS AND OTHER VOLUNTEERS WILL ORGANIZE AN ANNUAL FISHING TOURNAMENT IN EMERALD ISLE, NC. THE BOARD OF DIRECTORS MEET AT VARIOUS TIMES THROUGHOUT THE YEAR TO PLAN FOR THE ONE DAY EVENT HELD IN SEPTEMBER. THE ACTIVITY IS FUNDED FROM DONATIONS, ENTRY FEES, A SILENT AUCTION AND LOCAL SPONSORSHIPS. REVENUE GENERATED FROM THE TOURNAMENT IS DEDICATED TO FUNDING ESSENTIAL TOURNAMENT EXPENDITURES, WITH SURPLUS PROCEEDS DIRECTED TOWARDS SUPPORTING LOCAL SCHOLARSHIPS FOR HIGH SCHOOL STUDENTS, FACILITATING THE DREDGING OF EMERALD ISLE WATERWAYS, AND CHAMPIONING VARIOUS COMMUNITY-RELATED PROJECTS OF MERIT.
- Income
- $123,205
- Spending
- $111,777
- Spent on programs
- 100%
- Reserves
- 6.4 months of spending
- Largest source of income
- fees for its services, 100%
- Employees
- 0
- Volunteers
- 20
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 93 out of 100. Higher than 75% of charities in its peer group (environment, under $250k).
Reserves
28 of 35Spendable reserves would cover 6.4 months of spending.
Debt
20 of 20It owes 4% of what it owns.
Living within its means
15 of 15Income exceeded spending by 9% of income.
Income trend
15 of 15Income rose 63% on the year before.
Spending floor
15 of 15100% of spending went to programs.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 50 out of 100. Higher than 18% of charities in its peer group (environment, under $250k).
Independent board
25 of 257 of 7 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $110,166 spent. PROVIDE SCHOLARSHIPS FROM PROCEEDS OF THE ANNUAL FISHING TOURNAMENT ACTIVITIES.
- $1,611 spent. PROVIDE SCHOLARSHIPS FROM PROCEEDS OF THE ANNUAL FISHING TOURNAMENT ACTIVITIES.
- PROVIDE SCHOLARSHIPS FROM PROCEEDS OF THE ANNUAL FISHING TOURNAMENT ACTIVITIES.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since July 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.