Civic Intelligence

Shark Savers Inc Co Wildaid

990 • Fiscal year 2012 • EIN 26-1259908

Jan 01, 2012 to Dec 31, 2012 • Filed on Aug 12, 2013

419 Lafayette Street No 2nd FL10003
Siviq Scores

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

Liabilities / Assets

69th percentile

0.05x

Higher debt load relative to assets than 69% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

45th percentile

-0.8%

Faster asset growth than 45% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$382,363

Down $2,935 (-0.8%) from 2011

Net Assets

Down

$364,193

Down $3,598 (-1.0%) from 2011

Liabilities

Up

$18,170

Up $663 (+3.8%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$472,396

Up $62,992 (+15%) from 2011

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.

$400K$300K$200K$100K$0Assets 2010: $246,806Liabilities 2010: $5,418Net Assets 2010: $241,3882010Assets 2011: $385,298Liabilities 2011: $17,507Net Assets 2011: $367,7912011Assets 2012: $382,363Liabilities 2012: $18,170Net Assets 2012: $364,1932012Assets 2013: $188,053Liabilities 2013: $5,500Net Assets 2013: $182,5532013Assets 2014: $0Liabilities 2014: $0Net Assets 2014: $02014

Highlighted filing

2012

Assets$382,363
Liabilities$18,170
Net Assets$364,193

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2010: $199,0022010Expenses 2011: $409,4042011Expenses 2012: $472,3962012Revenue 2013: $136,382Expenses 2013: $318,022Net Income 2013: -$181,6402013Revenue 2014: $30,258Expenses 2014: $25,020Net Income 2014: $5,2382014

Highlighted filing

2012

Revenue-
Expenses$472,396
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Aug 12, 2013
Return Version
2012v2.1
Gross Receipts
$481,189
Mission and Program Overview

Mission

Protect sharks and rays by educating people about why sharks are important to healthy oceans, campaigning to end shark fin soup consumption, and working to create sanctuaries.

Major Activities

Activity 2
Education and program communications:shark savers has developed and maintains one of the foremost website sources for information about sharks and shark conservation that is visited by over 200,000 people per year. We disseminate information and updates to our subscribers, representing tens of thousands of people, via email newsletters, facebook, and twitter. We produce presentations to enable volunteers to educate people of all ages about sharks and rays, their importance to the environment, and the severe threat to survival that they face.
Activity 3
Shark sanctuary program:shark savers' shark sanctuary program creates marine areas where sharks are protected by strong laws and enforcement with the full engagement of local communities. While we work to stop the consumption of shark fin, sanctuaries can keep critical shark habitats out of bounds of the shark fin trade. Shark savers has been instrumental in creating the raja ampat shark and ray sanctuary. We are currently working on additional sanctuaries.
Filing and Contact Details

Filer

EIN
26-1259908
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IRS990/Activity2/Description0EDUCATION AND PROGRAM COMMUNICATIONS:SHARK SAVERS HAS DEVELOPED AND MAINTAINS ONE OF THE FOREMOST WEBSITE SOURCES FOR INFORMATION ABOUT SHARKS AND SHARK CONSERVATION THAT IS VISITED BY OVER 200,000 PEOPLE PER YEAR. WE DISSEMINATE INFORMATION AND UPDATES TO OUR SUBSCRIBERS, REPRESENTING TENS OF THOUSANDS OF PEOPLE, VIA EMAIL NEWSLETTERS, FACEBOOK, AND TWITTER. WE PRODUCE PRESENTATIONS TO ENABLE VOLUNTEERS TO EDUCATE PEOPLE OF ALL AGES ABOUT SHARKS AND RAYS, THEIR IMPORTANCE TO THE ENVIRONMENT, AND THE SEVERE THREAT TO SURVIVAL THAT THEY FACE.
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IRS990/Activity3/Description0SHARK SANCTUARY PROGRAM:SHARK SAVERS' SHARK SANCTUARY PROGRAM CREATES MARINE AREAS WHERE SHARKS ARE PROTECTED BY STRONG LAWS AND ENFORCEMENT WITH THE FULL ENGAGEMENT OF LOCAL COMMUNITIES. WHILE WE WORK TO STOP THE CONSUMPTION OF SHARK FIN, SANCTUARIES CAN KEEP CRITICAL SHARK HABITATS OUT OF BOUNDS OF THE SHARK FIN TRADE. SHARK SAVERS HAS BEEN INSTRUMENTAL IN CREATING THE RAJA AMPAT SHARK AND RAY SANCTUARY. WE ARE CURRENTLY WORKING ON ADDITIONAL SANCTUARIES.
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IRS990/ActivityOrMissionDescription0PROGRAMS AND CAMPAIGNS TO PROTECT SHARKS AND RAYS.
IRS990/ActivityOther/Description0MANTA RAY OF HOPE:THE MANTA RAY OF HOPE TEAM IS DEVELOPING GLOBAL CONSERVATION CAMPAIGNS BASED ON SOUND SCIENCE TO REDUCE DEMAND FOR GILL RAKERS, SECURE LEGAL PROTECTION AND ESTABLISH MOBULID SANCTUARIES. OUR CONSUMER EDUCATION AND AWARENESS CAMPAIGNS INCLUDE COLLECTING NEVER-BEFORE SEEN FOOTAGE AND IMAGES FOR VIDEOS AND BROCHURES THAT EXPOSE THE DANGERS THAT MOBULIDS FACE, AS WELL AS WORKING WITH LOCAL COMMUNITIES TO SHOW THEM THE IMPORTANCE OF PRESERVING THEIR NATURAL RESOURCES. WE ARE ALSO WORKING TO SECURE LEGAL PROTECTION FOR MOBULIDS BY ENACTING TRADE BANS ON MANTA AND MOBULA PARTS AS WELL AS ESTABLISHING PROTECTIONS THROUGH THE CONVENTION ON THE INTERNATIONAL TRADE IN ENDANGERED SPECIES AND REGIONAL FISHERY MANAGEMENT ORGANIZATIONS. IT IS VITAL THAT WE PROTECT OUR REMAINING MANTA POPULATIONS BEFORE IT IS TOO LATE, AND THE MANTA RAY OF HOPE PROJECT, IN COLLOBARATION WITH OUR SHARK SANCTUARIES CAMPAIGN, IS WORKING TO ESTABLISH MANTA SANCTUARIES AND PROMOTING ECOTOURISM AS ALTERNATIVES TO THE GILL RAKER TRADE SO THAT FUTURE GENERATIONS WILL BE ABLE TO SEE THE BEAUTY OF MANTA AND MOBULA RAYS.
IRS990/ActivityOther/Description1SHARK FIN SOUP CAMPAIGN:REDUCING DEMAND FOR SHARK FIN SOUP IS THE MOST IMPORTANT THING WE CAN DO TO PROTECT SHARKS FROM BEING DRIVEN TO EXTINCTION. THIS DEMAND HAS CREATED THE UNSUSTAINABLE, VIRTUALLY UNRESTRAINED KILLING OF SHARKS. TENS OF MILLIONS OF SHARKS A YEAR ARE KILLED FOR THE SHARK FIN TRADE.SHARK SAVERS LAUNCHED ITS CAMPAIGN TO REDUCE CONSUMPTION OF SHARK FIN SOUP IN 2009. THE CURRENT CAMPAIGN IS CALLED "I'M FINISHED WITH FINS" AND IS REACHING PEOPLE THROUGHOUT ASIA WHERE SHARK FIN SOUP CONSUMPTION IS PREVALENT. A SURVEY CONDUCTED BY OUR PR AGENCY GRAYLING IN SINGAPORE CONFIRMED FINDINGS OF A 2011 BLOOM STUDY IN HONG KONG INDICATING A SIGNIFICANT NUMBER OF PEOPLE IN CHINESE COMMUNITIES ARE AWARE OF THE PROBLEMS ASSOCIATED WITH SHARK FIN SOUP. THEY WANT TO STOP OR CURTAIL THEIR CONSUMPTION. BUT OUR STUDY ALSO FOUND THAT DESPITE THEIR WILLINGNESS TO STOP EATING SHARK'S FIN SOUP, THEY CONTINUE TO EAT AND EVEN SERVE IT BECAUSE OF THE STRONG SOCIAL PRESSURE TO DO SO. MORE CULTURAL REINFORCEMENT IS NECESSARY TO SHOW THAT NOW IS THE TIME TO ACT ON YOUR CONVICTIONS AND REJECT SHARK FIN SOUP.THE SHARK FIN SOUP CAMPAIGN ALSO WORKS TO REINFORCE THE REASONS NOT TO EAT SHARK FIN SOUP. IT IS VITAL TO EDUCATE THOSE PEOPLE WHO ARE NOT YET AWARE OF THE DANGERS TO SHARKS CAUSED BY THE SHARK FIN TRADE AND DISPEL MISINFORMATION THAT IS BEING AGGRESSIVELY DISTRIBUTED BY THOSE BENEFITTING FROM THE SHARK FIN TRADE.
IRS990/ActivityOther/Description2BAN THE FIN:BAN THE FIN PROVIDES MATERIALS AND RESOURCES TO GUIDE INDIVIDUALS TO MAKE THEIR COMMUNITY FREE OF SHARK FINS. THE ACTIVITIES FOR THIS CAMPAIGN HAVE SINCE BEEN MERGED INTO OUR SHARK FIN SOUP CAMPAIGN (DURING 2013) AS THE OBJECTIVES FOR THE CAMPAIGNS WERE ESSENTIALLY THE SAME.
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IRS990/Description0SHARKSCOUNT:SHARK SAVERS WORKS TO IMPROVE PROTECTIONS FOR SHARKS. INCREASING PROTECTIONS FOR SHARKS REQUIRES INFORMATION ABOUT LOCAL POPULATIONS. HOWEVER EVEN BASIC DATA IS OFTEN ABSENT OR MISSING. DIVERS SEE SHARKS THE MOST FREQUENTLY AND REGULARLY AND ARE OFTEN FAMILIAR WITH LOCAL TRENDS BUT RARELY HAVE THE TRAINING OR TOOLS TO ACCURATELY AND CONSISTENTLY RECORD THESE VALUABLE SIGHTINGS IN A WAY THAT CAN BE USEFUL TO SHARK CONSERVATION AND ADVOCACY.SHARKSCOUNT SEEKS TO CLOSE AN IMPORTANT DATA GAP BY ENABLING DIVERS TO ACT AS "CITIZEN SCIENTISTS FOR SHARKS." OVER TIME, THESE SIGHTINGS WILL SHARKSCOUNT (CONTINUED PART III, 4A) PROVIDE ESSENTIAL INFORMATION ABOUT LOCAL SHARK POPULATION TRENDS WITH THE POTENTIAL OF IMPROVING PROTECTIONS FOR SHARKS.SHARK SAVERS WORKS WITH LEADING MARINE SCIENTISTS TO ENSURE THAT OUR DATA COLLECTION METHODOLOGY IS WELL DEVELOPED AND USEFUL. WE CREATE WELL-DESIGNED SURVEYS AND MAKE PLANS FOR ACCURATE ANALYSIS AND EFFECTIVE DISSEMINATION WHEN SURVEYING SHARKS OR ANY OTHER SPECIES. MAKING DATA AVAILABLE TO SCIENTISTS, RESOURCE MANAGERS, AND OUR LOCAL PARTNERS IS CRUCIAL FOR EFFECTIVE ANALYSIS AND APPLICATIONS OF THE COLLECTED INFORMATION. IT IS ALSO IMPORTANT FOR INVOLVED CITIZENS AND DIVERS TO BE AWARE OF WHEN AND HOW SCIENTISTS UTILIZE THIS DATA, TO HELP FURTHER ENHANCE PUBLIC SCIENTIFIC LITERACY.
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IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation0THE ORGANIZATION HAS BEEN DETERMINED TO BE EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND THEREFORE HAS MADE NO PROVISION FOR FEDERAL INCOME TAXES IN THE ACCOMPANYING FINANCIAL STATEMENTS. MANAGEMENT HAS REVIEWED ITS FILING AND DETERMINED THE ORGANIZATION HAS NOT ENTERED INTO ANY UNCERTAIN TAX POSITIONS REQUIRING FINANCIAL STATEMENT RECOGNITION. THE ORGANIZATION'S INFORMATION RETURNS ARE NO LONGER SUBJECT TO FEDERAL, STATE OR LOCAL EXAMINATIONS BY TAX AUTHORITIES FOR YEARS PRIOR TO 2009.
IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier0DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:
IRS990ScheduleD/Form990ScheduleDPartXIII/ReturnReference0PART X, LINE 2:
IRS990ScheduleD/RevenueNotRptdF99000
IRS990ScheduleD/RevenueNotRptdOnFinStmt00
IRS990ScheduleD/RevenueSubtotal0468798
IRS990ScheduleD/TotalExpensesPerForm9900472396
IRS990ScheduleD/TotalOfBookValueLandBuildings00
IRS990ScheduleD/TotalRevenuePerForm9900468798
IRS990ScheduleD/TotExpensesEtcAuditedFinclStmt0472396
IRS990ScheduleD/TotRevenueEtcAuditedFinclStmt0468798
IRS990ScheduleF/AcctsActvsOutUSTable/NumberOfEmployees00
IRS990ScheduleF/AcctsActvsOutUSTable/NumberOfOffices00
IRS990ScheduleF/AcctsActvsOutUSTable/Region0EAST ASIA AND THE PACIFIC
IRS990ScheduleF/AcctsActvsOutUSTable/SpecificServicesProvided0SHARK AND RAY SANCTUARY PROGRAM
IRS990ScheduleF/AcctsActvsOutUSTable/TotalExpenditures011310
IRS990ScheduleF/AcctsActvsOutUSTable/TypeOfActivitiesConducted0GRANT TO RECIPIENT LOCATED IN REGION
IRS990ScheduleF/BoycottCountries00
IRS990ScheduleF/ContAmountSpent00
IRS990ScheduleF/ContNumberOfEmployees00
IRS990ScheduleF/ContNumberOfOffices00
IRS990ScheduleF/ForeignPartnership00
IRS990ScheduleF/Form990ScheduleFPartV/Explanation0SCHEDULE F, PART I, LINE 2: PICTURES AND STAFF VISIT OF THE BOAT.
IRS990ScheduleF/Form990ScheduleFPartV/Identifier0PROCEDURE FOR MONITORING GRANTS OUTSIDE THE U.S.:
IRS990ScheduleF/GrantRecordsMaintained01
IRS990ScheduleF/GrantsToOrgsOutsideUS/AmountOfCashGrant011310
IRS990ScheduleF/GrantsToOrgsOutsideUS/PurposeOfGrant0TO PATROL MARINE RESERVE TO KEEP POACHERS AWAY.
IRS990ScheduleF/GrantsToOrgsOutsideUS/Region0EAST ASIA AND THE PACIFIC
IRS990ScheduleF/InterestInForeignTrust00
IRS990ScheduleF/OwnForeignCorp00
IRS990ScheduleF/PassiveForeignInvestCo00
IRS990ScheduleF/SubtotalAmountSpent011310
IRS990ScheduleF/SubtotalNumberOfEmployees00
IRS990ScheduleF/SubtotalNumberOfOffices00
IRS990ScheduleF/TotalAmountSpent011310
IRS990ScheduleF/TotalNumberOf501c3Orgs01
IRS990ScheduleF/TotalNumberOfEmployees00
IRS990ScheduleF/TotalNumberOfOffices00
IRS990ScheduleF/TotalNumberOfOtherOrgs00
IRS990ScheduleF/TransferToForeignCorp00
IRS990/ScheduleJRequired00
IRS990ScheduleO/GeneralExplanation/Explanation0WENDY BENCHLEY IS DRURY THORP'S AUNT.
IRS990ScheduleO/GeneralExplanation/Explanation1THE RETURN IS REVIEWED IN DETAIL BY THE BOARD OF DIRECTORS BEFORE IT IS FILED.
IRS990ScheduleO/GeneralExplanation/Explanation2ALL POTENTIAL CONFLICTS OF INTEREST ARE REPORTED TO AND DISCUSSED WITH THE BOARD AS THEY ARISE.
IRS990ScheduleO/GeneralExplanation/Explanation3THE DETERMINATION OF THE COMPENSATION FOR THE EXECUTIVE DIRECTOR IS MADE BY THE ENTIRE BOARD ON AN ANNUAL BASIS.
IRS990ScheduleO/GeneralExplanation/Explanation4GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO DONORS AND PROSPECTIVE DONORS UPON REQUEST.
IRS990ScheduleO/GeneralExplanation/Explanation5THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/GeneralExplanation/ReturnReference5FORM 990, PART XII, LINE 2C:
IRS990/ScheduleORequired01
IRS990/School00
IRS990/SignificantChange00
IRS990/SignificantNewProgramServices00
IRS990/StateLegalDomicile0NY
IRS990/StatesWhereCopyOfReturnIsFiled0NY
IRS990/SubjectToProxyTax00
IRS990/TaxablePartyNotification00
IRS990/TaxExemptBonds00
IRS990/TemporarilyRestrictedNetAssets/BOY0242846
IRS990/TemporarilyRestrictedNetAssets/EOY0154302
IRS990/Terminated00
IRS990/TermOrPermanentEndowments00
IRS990/TheBooksAreInCareOf/AddressUS/AddressLine10419 LAFAYETTE STREET 2ND FL
IRS990/TheBooksAreInCareOf/AddressUS/City0NEW YORK
IRS990/TheBooksAreInCareOf/AddressUS/State0NY
IRS990/TheBooksAreInCareOf/AddressUS/ZIPCode010003
IRS990/TheBooksAreInCareOf/NamePerson0SASCHA SIMON
IRS990/TheBooksAreInCareOf/TelephoneNumber02012942624
IRS990/TotalAssets/BOY0385298
IRS990/TotalAssetsBOY0385298
IRS990/TotalAssets/EOY0382363

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