Atlantic White Shark Conservancy Inc
- Assets
- $1.6m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 22
- Location
- Chatham, MA
- Founding
- 11/2012
- Data as of
- 12/2021
- EIN
- 46-0949763
Organization Overview
Atlantic White Shark Conservancy Inc is located in Chatham, MA. The organization was established in 2012. According to its NTEE Classification (U21) the organization is classified as: Marine Science & Oceanography, under the broad grouping of Science & Technology and related organizations. As of 12/2021, Atlantic White Shark Conservancy Inc employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Atlantic White Shark Conservancy Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Atlantic White Shark Conservancy Inc generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 29.0% each year . All expenses for the organization totaled $1.5m during the year ending 12/2021. While expenses have increased by 36.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF ATLANTIC WHITE SHARK CONSERVANCY IS TO SUPPORT SCIENTIFIC RESEARCH, IMPROVE PUBLIC SAFETY, AND EDUCATE THE COMMUNITY, TO INSPIRE CONSERVATION OF ATLANTIC WHITE SHARKS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT SCIENTIFIC RESEARCH, IMPROVE PUBLIC SAFETY, AND EDUCATE THE COMMUNITY, TO INSPIRE THE CONSERVATION OF ATLANTIC WHITE SHARKS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cynthia Wigren CEO | OfficerTrustee | 40 | $113,300 |
Jen Costa Chair | OfficerTrustee | 3 | $0 |
Brian Hanson Vice Chair | OfficerTrustee | 3 | $0 |
Chris Scanzillo Clerk | OfficerTrustee | 3 | $0 |
Andrew Young Treasurer | OfficerTrustee | 3 | $0 |
Susanna Beckwith Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $64,360 |
| All other contributions, gifts, grants, and similar amounts not included above | $885,247 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $949,607 |
| Total Program Service Revenue | $227,410 |
| Investment income | $577 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $200,135 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $146,519 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,610,574 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $591,977 |
| Pension plan accruals and contributions | $4,365 |
| Other employee benefits | $23,103 |
| Payroll taxes | $51,342 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,100 |
| Fees for services: Accounting | $18,880 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $65,409 |
| Advertising and promotion | $5,320 |
| Office expenses | $50,651 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $185,477 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,056 |
| Insurance | $24,825 |
| All other expenses | $16,471 |
| Total functional expenses | $1,450,831 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $528,948 |
| Savings and temporary cash investments | $745,370 |
| Pledges and grants receivable | $7,800 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $56,544 |
| Prepaid expenses and deferred charges | $36,902 |
| Net Land, buildings, and equipment | $235,284 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,610,848 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $68,000 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $68,000 |
| Net assets without donor restrictions | $1,538,848 |
| Net assets with donor restrictions | $4,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,610,848 |
Grants Recieved
Over the last fiscal year, we have identified 14 grants that Atlantic White Shark Conservancy Inc has recieved totaling $115,846.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $27,450 |
Bruce G Geary Foundation Staten Island, NY PURPOSE: CARE AND SUPPORT OF HOMELESS ANIMALS | $25,000 |
The Jpb Foundation New York, NY PURPOSE: RESEARCH EFFORTS FOR THE ATLANTIC WHITE SHARK CONSERVANCY | $20,000 |
Russell Maguire Foundation Inc Greenwich, CT PURPOSE: TO FURTHER THE FOUNDATIONS CHARITABLE MISSION OF EDUCATION, HELPING THOSE IN NEED, AND ANIMAL RESCUE | $10,000 |
Cox Foundation Inc Clayton, MO PURPOSE: GENERAL FUND | $10,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $7,385 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sea Education Association Inc Falmouth, MA | $20,669,049 | $7,982,566 |
The Global Foundation For Ocean Exploration Inc Mystic, CT | $2,739,847 | $5,589,475 |
Project Ceti Inc New York, NY | $10,739,468 | $7,996,157 |
Northeastern Regional Association Of Coastal Ocean Observation Syste Portsmouth, NH | $603,712 | $3,843,145 |
Inter District Committee For Project Oceanology Groton, CT | $1,360,230 | $1,726,047 |
Atlantic White Shark Conservancy Inc Chatham, MA | $1,610,848 | $1,610,574 |
The Perry Institute For Marine Science Inc Waitsfield, VT | $1,181,677 | $1,963,951 |
Research Applied Technologyeducation Service Incorporated Potsdam, NY | $614,658 | $920,167 |
Society For Marine Mamalogy Yarmouth Port, MA | $3,099,610 | $367,619 |
American Saltwater Guides Association Inc Oceanside, NY | $340,083 | $502,533 |
Ocean Discovery League Inc Saunderstown, RI | $913,718 | $989,005 |
Atlantic Shark Institute Wakefield, RI | $105,537 | $0 |