Preservation Station Inc
- Assets
- $101.1k
- Revenue
- $43.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Myrtle Beach, SC
- Founding
- 04/2000
- Data as of
- 12/2020
- EIN
- 59-3500232
Organization Overview
Preservation Station Inc, operating under the name Rare Species Fund, is located in Myrtle Beach, SC. The organization was established in 2000. According to its NTEE Classification (D34) the organization is classified as: Wildlife Sanctuaries, under the broad grouping of Animal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rare Species Fund 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 12/2020, Rare Species Fund generated $43.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (33.7%) each year. All expenses for the organization totaled $297.6k during the year ending 12/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
WILDLIFE CONSERVATION/EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE RARE SPECIES FUND IS DEDICATED TO THE CONSERVATION AND ENHANCEMENT OF THREATENED AND ENDANGERED SPECIES, AND THEIR HABITATS, THROUGH PUBLIC EDUCATION WITH ANIMAL AMBASSADORS,SCIENCE BASED POPULATION MANAGEMENT AND THE SUPPORT AND PARTICIPATION IN COMMUNITY BASED, GRASS ROOTS IN-SITU CONSERVATION PROJECTS WORLDWIDE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
China York Secretary | Officer | 10 | $0 |
Bhagavan Antle President | Officer | 20 | $0 |
Moksha Boybee Treasurer | Officer | 10 | $0 |
Kodi Antle Director | Trustee | 3 | $0 |
Rajani Ferrante Director | Trustee | 3 | $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 | $43,170 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $43,170 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $43,170 |
| 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 | $107,816 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,000 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,000 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $297,643 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $101,128 |
| 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 | $0 |
| Total assets | $101,128 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $101,128 |
| 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 | $101,128 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Project Chimps Blue Ridge, GA | $6,265,775 | $2,701,004 |
National Deer Association Bogart, GA | $3,739,349 | $3,849,089 |
Carolina Tiger Rescue Pittsboro, NC | $4,276,914 | $2,297,979 |
Conservators Center Inc Mebane, NC | $317,198 | $629,056 |
Karen Beasley Sea Turtle Rescue And Rehabilitation Center Surf City, NC | $5,685,337 | $1,159,782 |
Carolina Wildlife Center Columbia, SC | $176,941 | $286,752 |
Preservation Station Inc Myrtle Beach, SC | $101,128 | $43,170 |
Outsiders Farm & Sanctuary Inc Lavonia, GA | $136,789 | $196,927 |
Appalachian Wildlife Refuge Candler, NC | $353,786 | $339,941 |
Swannanoa Valley Historical & Preservation Association Inc Black Mtn, NC | $545,406 | $122,418 |
Outer Banks Wildlife Shelter Inc Newport, NC | $331,614 | $0 |
Durga Wildlife Fund Inc Chapel Hill, NC | $337,299 | $25,420 |