Civic Intelligence

Rare Inc.

990 • Fiscal year 2013 • EIN 23-7380563

Oct 01, 2012 to Sep 30, 2013 • Filed on Mar 31, 2014

1310 North Courthouse Rd No 11022201
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

44th percentile

0.23x

Higher debt load relative to assets than 44% of similar nonprofits.

2013 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2013

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2013

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

25th percentile

-1.0%

Faster asset growth than 25% of similar nonprofits.

2013 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

$33,118,216

No earlier filing loaded for comparison.

Net Assets

$25,486,735

No earlier filing loaded for comparison.

Liabilities

$7,631,481

No earlier filing loaded for comparison.

Revenue

-

No earlier filing loaded for comparison.

Expenses

$18,130,046

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60M$40M$20M$0Assets 2013: $33,118,216Liabilities 2013: $7,631,481Net Assets 2013: $25,486,7352013Assets 2014: $27,484,294Liabilities 2014: $6,586,904Net Assets 2014: $20,897,3902014Assets 2015: $22,792,209Liabilities 2015: $5,378,713Net Assets 2015: $17,413,4962015Assets 2016: $18,750,993Liabilities 2016: $6,006,163Net Assets 2016: $12,744,8302016Assets 2017: $28,404,430Liabilities 2017: $7,913,886Net Assets 2017: $20,490,5442017Assets 2018: $36,181,516Liabilities 2018: $18,440,811Net Assets 2018: $17,740,7052018Assets 2019: $41,397,121Liabilities 2019: $12,842,431Net Assets 2019: $28,554,6902019Assets 2020: $36,999,177Liabilities 2020: $10,627,762Net Assets 2020: $26,371,4152020Assets 2021: $47,172,711Liabilities 2021: $11,577,944Net Assets 2021: $35,594,7672021Assets 2024: $35,089,126Liabilities 2024: $11,059,152Net Assets 2024: $24,029,9742024

Highlighted filing

2013

Assets$33,118,216
Liabilities$7,631,481
Net Assets$25,486,735

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$40M$20M$0-$20MExpenses 2013: $18,130,0462013Revenue 2014: $16,832,932Expenses 2014: $21,373,417Net Income 2014: -$4,540,4852014Revenue 2015: $20,454,663Expenses 2015: $23,896,492Net Income 2015: -$3,441,8292015Revenue 2016: $18,858,126Expenses 2016: $23,612,882Net Income 2016: -$4,754,7562016Revenue 2017: $32,924,847Expenses 2017: $25,106,435Net Income 2017: $7,818,4122017Revenue 2018: $21,947,507Expenses 2018: $24,516,728Net Income 2018: -$2,569,2212018Revenue 2019: $37,606,393Expenses 2019: $26,926,873Net Income 2019: $10,679,5202019Revenue 2020: $22,917,080Expenses 2020: $25,180,754Net Income 2020: -$2,263,6742020Revenue 2021: $37,625,413Expenses 2021: $28,280,886Net Income 2021: $9,344,5272021Revenue 2024: $33,556,901Expenses 2024: $37,155,372Net Income 2024: -$3,598,4712024

Highlighted filing

2013

Revenue-
Expenses$18,130,046
Net Income-
Jump To
Filing Snapshot
Filing Period
Oct 1, 2012 to Sep 30, 2013
Signed
Mar 31, 2014
Return Version
2012v2.1
Gross Receipts
$16,838,469
Mission and Program Overview

Mission

Rare inspires change so that both people and nature thrive. In the face of a global extinction crisis, climate change, dwindling fish stocks, and disappearing forests, rare is changing behaviors at the local level by teaching community leaders how to relate to nature in a non-destructive manner and providing alternatives to current practices.

Major Activities

Activity 2
Fish forever is a global initiative to restore near-shore fisheries in the developing tropics. Together with global partners, rare will unleash the motivation and pride of local fishing communities. The initiative will mentor local leaders, boost social cohesion and empower fishers to develop community-based management systems. Fish forever will also foster the conditions necessary for widespread adoption of the approach. Recovered fisheries have the potential to provide an important food source to hundreds of millions of the worlds poorest. Based on the demonstrated success of this approach, fishers will earn more and leave more fish in the sea. In the process, coastal communities will safeguard coral reefs, mangroves and sea grasses while creating a natural buffer against climatechange.
Activity 3
Public information - rare used social marketing and public education to inspire more environmentally sustainable behaviors to millions of people throughout the developing tropics (home to more than 50% of the world's biodiversity) -including everything from classroom education to adult training to festivals, pop songs, radio shows, press, lobbying, advertising, and other outreach activities for all ages.
Filing and Contact Details

Filer

EIN
23-7380563
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IRS990/Activity2/Description0FISH FOREVER IS A GLOBAL INITIATIVE TO RESTORE NEAR-SHORE FISHERIES IN THE DEVELOPING TROPICS. TOGETHER WITH GLOBAL PARTNERS, RARE WILL UNLEASH THE MOTIVATION AND PRIDE OF LOCAL FISHING COMMUNITIES. THE INITIATIVE WILL MENTOR LOCAL LEADERS, BOOST SOCIAL COHESION AND EMPOWER FISHERS TO DEVELOP COMMUNITY-BASED MANAGEMENT SYSTEMS. FISH FOREVER WILL ALSO FOSTER THE CONDITIONS NECESSARY FOR WIDESPREAD ADOPTION OF THE APPROACH. RECOVERED FISHERIES HAVE THE POTENTIAL TO PROVIDE AN IMPORTANT FOOD SOURCE TO HUNDREDS OF MILLIONS OF THE WORLDS POOREST. BASED ON THE DEMONSTRATED SUCCESS OF THIS APPROACH, FISHERS WILL EARN MORE AND LEAVE MORE FISH IN THE SEA. IN THE PROCESS, COASTAL COMMUNITIES WILL SAFEGUARD CORAL REEFS, MANGROVES AND SEA GRASSES WHILE CREATING A NATURAL BUFFER AGAINST CLIMATECHANGE.
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IRS990/Form990PartVIISectionA/Title20PRESIDENT & CEO
IRS990/Form990PartVIISectionA/Title21CHIEF OPERATING OFFICER
IRS990/Form990PartVIISectionA/Title22VP, DEVELOPMENT
IRS990/Form990PartVIISectionA/Title23VP, LATIN AMERICA
IRS990/Form990PartVIISectionA/Title24VP, MARKETING
IRS990/Form990PartVIISectionA/Title25VP, TALENT
IRS990/Form990PartVIISectionA/Title26VP, PRIDE ENGLISH PROGRAM
IRS990/Form990PartVIISectionA/Title27SR VP, GLOBAL PROGRAMS
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IRS990/MissionDescription0SEE SCHEDULE O. RARE INSPIRES CHANGE SO THAT BOTH PEOPLE AND NATURE THRIVE. IN THE FACE OF A GLOBAL EXTINCTION CRISIS, CLIMATE CHANGE, DWINDLING FISH STOCKS, AND DISAPPEARING FORESTS, RARE IS CHANGING BEHAVIORS AT THE LOCAL LEVEL BY TEACHING COMMUNITY LEADERS HOW TO RELATE TO NATURE IN A NON-DESTRUCTIVE MANNER AND PROVIDING ALTERNATIVES TO CURRENT PRACTICES.
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IRS990/NameOfForeignCountry0MX
IRS990/NameOfForeignCountry1CH
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IRS990/NameOfPrincipalOfficerPerson0BRETT JENKS
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IRS990/Occupancy/ManagementAndGeneral0134577
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IRS990/OfficeExpenses/Fundraising027964

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