Shark Allies
- Assets
- $51.6k
- Revenue
- $179.8k
- Investments
- $0.0
- Employees
- 2
- Location
- Venice, CA
- Founding
- 03/2015
- Data as of
- 12/2022
- EIN
- 47-2097925
Organization Overview
Shark Allies is located in Venice, CA. The organization was established in 2015. According to its NTEE Classification (D30) the organization is classified as: Wildlife Preservation & Protection, under the broad grouping of Animal-Related and related organizations. As of 12/2022, Shark Allies employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shark Allies 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 12/2022, Shark Allies generated $179.8k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $153.4k during the year ending 12/2022. While expenses have increased by 9.9% per year over the past 5 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SHARK ALLIES SPECIALIZES IN ISSUES THAT IMPACT SHARK POPULATIONS AND SOLUTIONS THAT WILL BRING ABOUT RECOVERY AND PROTECTION OF SHARKS AND THE HABITATS THEY LIVE IN. THIS IS ACHIEVED VIA COLLABORATION WITH MANY NATIONAL AND INTERNATIONAL CONSERVATION ORGANIZATIONS AND BY FOSTERING THE DEVELOPMENT OF MANY ADVOCATES AND VOLUNTEERS. MORE THAN 20,000 INDIVIDUALS ARE MEMBERS AND FOLLOWERS OF OUR CAUSE. OUR AWARENESS CAMPAIGNS AIM TO EDUCATE THE PUBLIC ABOUT THE ROLE OF SHARKS IN THE HEALTH OF THE OCEAN AND ENCOURAGE CONSUMERS TO REDUCE THEIR PURCHASE OF SHARK PRODUCTS. A BIG PART OF THE AWARENESS CAMPAIGNS IS THE CREATION OF VISUAL MEDIA, SUCH AS PUBLIC SERVICE ANNOUNEMENTS AND SHORT DOCUMENTARIES THAT PROMOTE A POSITIVE IMAGE OF SHARKS, T.V. INTERVIEWS, AND MAGAZINE ARTICLES. SEVERAL TIMES A YEAR WE CONDUCT FIRST-HAND EXPERIENCES, WHERE WE BRING DIVERS TOGETHER WITH SHARK EXPERTS AND SCIENTISTS IN SHARK DIVING LOCATIONS. THE LONG-TERM GOAL IS TO RAISE THE PUBLIC AWARENESS OF SHARK CONSERVA
Describe the Organization's Program Activity:
Part 3 - Line 4a
SHARK ALLIES IS DEDICATED TO THE PROTECTION AND CONSERVATION OF SHARKS AND RAYS. OUR FOCUS IS ON TAKING ACTION, ON RAISING AWARENESS AND GUIDING INITIATIVES THAT REDUCE THE DESTRUCTIVE OVERFISHING OF SHARKS ON A GLOBAL SCALE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephanie Brendl President & CEO | Officer | 40 | $41,143 |
Erika Wunch Vice President | Officer | 5 | $0 |
Liz Sullivan Treasurer | Officer | 5 | $0 |
Kinga Phillips Director | Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $184,097 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $184,097 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$4,311 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $179,786 |
| 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. | $41,143 |
| Compensation of current officers, directors, key employees. | $20,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,571 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $12,052 |
| Payroll taxes | $3,868 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,890 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $59,725 |
| Advertising and promotion | $8,205 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,158 |
| Travel | $9,168 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $82 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $945 |
| Total functional expenses | $153,419 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,115 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $36,499 |
| Total assets | $51,614 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $3,011 |
| Total liabilities | $3,011 |
| Net assets without donor restrictions | $48,603 |
| Net assets with donor restrictions | $0 |
| 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 | $51,614 |