FERRY COVE SHELLFISH, AN OYSTER HATCHERY ON MARYLANDS EASTERN SHORE, PRODUCES SHELLFISH LARVAE AND SEED AND DEVELOPS NEW TECHNIQUES TO IMPROVE AQUACULTURE EFFICIENCY AND COST-EFFECTIVENESS. CONTINUED ON SCHEDULE O
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$97K
-36.2% YoY
Annual Giving
$129K
-68.4% YoY
Grant Count
2
+100.0% YoY
Avg Grant Size
$64K
-84.2% YoY
About Ferry Cove Shellfish Inc
Based on IRS filings
Ferry Cove Shellfish Inc is a nonprofit organization focused on Environment & Animals, based in SHERWOOD, MD. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $97K in total assets. In 2024, it awarded 2 grants totaling $129K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $97,061 | $152,181 | $119,974 |
| Revenue | $1,480,432 | $1,723,515 | $589,396 |
| Expenses | $1,522,225 | $1,722,759 | $1,275,414 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Md Seafood Cooperative ($118,592), University of Maryland for Environmental Science ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| MD SEAFOOD COOPERATIVE SHERWOOD, MD | GENERAL OPERATING EXPENSES | $118,592 |
| UNIVERSITY OF MARYLAND FOR ENVIRONMENTAL SCIENCE CAMBRIDGE, MD | SUPPORT MIPS GRANT PARTNERSHIP | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| STEPHAN ABEL | PRESIDENT CEO | 40 | $175,000 |
| TINA DAVENPORT | MEMBER | 1 | — |
| JAMES PERDUE | MEMBER | 1 | — |
| MICHAEL ROMAN | MEMBER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Ferry Cove Shellfish Inc?
Ferry Cove Shellfish Inc is a nonprofit organization focused on Environment & Animals, based in SHERWOOD, MD. It holds $97K in total assets as of 2024.
How large is Ferry Cove Shellfish Inc?
As of 2024, Ferry Cove Shellfish Inc holds $97K in total assets with $1.5M in annual revenue. It awarded 2 grants totaling $129K in 2024.
Where does Ferry Cove Shellfish Inc operate?
Ferry Cove Shellfish Inc has awarded grants in Maryland.
What size grants does Ferry Cove Shellfish Inc award?
In 2024, Ferry Cove Shellfish Inc awarded 2 grants totaling $129K — an average of about $64K per grant, based on its IRS Form 990 filings.
What is Ferry Cove Shellfish Inc's EIN?
Ferry Cove Shellfish Inc's EIN (Employer Identification Number) is 84-4611271. IRS Form 990 filing data is available on this page for 2021–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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