Civic Intelligence

Shark Angels Inc Formerly Path

990EZ • Fiscal year 2017 • EIN 42-1603535

Jan 01, 2017 to Dec 31, 2017 • Filed on Mar 10, 2018

315 East 91st Street 4th FloorNew York, NY 10128

(917) 952-5048

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.21x

Higher debt load relative to assets than 82% of similar nonprofits.

2017 filings • NTEE D20 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

95th percentile

0.49x

Higher debt load relative to revenue than 95% of similar nonprofits.

2017 filings • NTEE D20 • <$500k nonprofits • Source year 2017

Net Margin

82nd percentile

26%

Higher net margin than 82% of similar nonprofits.

2017 filings • NTEE D20 • <$500k nonprofits • Source year 2017

Top Officer Pay

89th percentile

$0

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • NTEE D20 • <$500k nonprofits • Source year 2017

Asset Growth

55th percentile

12%

Faster asset growth than 55% of similar nonprofits.

2017 filings • NTEE D20 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

6th percentile

-52%

Faster revenue growth than 6% of similar nonprofits.

2017 filings • NTEE D20 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$68,902

Up $7,115 (+12%) from 2016

Net Assets

Up

$54,629

Up $7,495 (+16%) from 2016

Liabilities

Down

$14,273

Down $380 (-2.6%) from 2016

Revenue

Down

$28,969

Down $31,024 (-52%) from 2016

Expenses

Down

$21,474

Down $25,479 (-54%) from 2016

Net Income

Down

$7,495

Down $5,545 (-43%) from 2016

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2013: $41,977Liabilities 2013: $15,6592013Assets 2014: $49,139Liabilities 2014: $16,064Net Assets 2014: $33,0752014Assets 2015: $49,567Liabilities 2015: $15,473Net Assets 2015: $34,0942015Assets 2016: $61,787Liabilities 2016: $14,653Net Assets 2016: $47,1342016Assets 2017: $68,902Liabilities 2017: $14,273Net Assets 2017: $54,6292017Assets 2018: $122,561Liabilities 2018: $19,292Net Assets 2018: $103,2692018Assets 2019: $161,016Liabilities 2019: $18,814Net Assets 2019: $142,2022019Assets 2020: $140,949Liabilities 2020: $14,074Net Assets 2020: $126,8752020Assets 2021: $146,056Liabilities 2021: $13,027Net Assets 2021: $133,0292021Assets 2022: $147,071Liabilities 2022: $14,189Net Assets 2022: $132,8822022Assets 2023: $190,442Liabilities 2023: $15,947Net Assets 2023: $174,4952023Assets 2024: $186,363Liabilities 2024: $19,617Net Assets 2024: $166,7462024

Highlighted filing

2017

Assets$68,902
Liabilities$14,273
Net Assets$54,629

Operations Trend

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

$200K$100K$0-$100KRevenue 2013: $71,514Expenses 2013: $45,196Net Income 2013: $26,3182013Revenue 2014: $66,860Expenses 2014: $61,124Net Income 2014: $5,7362014Revenue 2015: $40,326Expenses 2015: $39,307Net Income 2015: $1,0192015Revenue 2016: $59,993Expenses 2016: $46,953Net Income 2016: $13,0402016Revenue 2017: $28,969Expenses 2017: $21,474Net Income 2017: $7,4952017Revenue 2018: $104,857Expenses 2018: $51,799Net Income 2018: $53,0582018Revenue 2019: $112,143Expenses 2019: $73,210Net Income 2019: $38,9332019Revenue 2020: $82,701Expenses 2020: $98,028Net Income 2020: -$15,3272020Revenue 2021: $131,641Expenses 2021: $125,487Net Income 2021: $6,1542021Revenue 2022: $165,256Expenses 2022: $141,456Net Income 2022: $23,8002022Revenue 2023: $195,875Expenses 2023: $164,640Net Income 2023: $31,2352023Revenue 2024: $171,677Expenses 2024: $179,138Net Income 2024: -$7,4612024

Highlighted filing

2017

Revenue$28,969
Expenses$21,474
Net Income$7,495
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Mar 10, 2018
Return Version
2017v2.2
Gross Receipts
$49,010
Mission and Program Overview

Mission

Education and public awareness of sharks and the oceans

Program Services

DescriptionGrantsExpenses
SHARK CHERUBS - DELIVERING POSITIVE EDUCATION AND BUILDING AN OCEAN ETHOS IN KIDS. DELIVERED OVER 4,000 HOURS OF CAPTIVATING, HANDS-ON EDUCATION TO CHILDREN IN 8 COUNTRIES ON 3 CONTINENTS. PROGRAM IS AIMED AT CHILDREN LEARNING ABOUT SHARKS AND THEIR IMPORTANCE. CREATED A 52 PAGE ACTIVITY BOOK, STICKERS AND BROCHURES.--
POSITIVE MEDIA - LAST COMPELLING, PERSPECTIVE-ALTERING VIDEO (BLACK SWAN) WENT VIRAL AND WAS FEATURED IN MORE THAN A DOZEN MEDIA OUTLETS. AND OUR ARTICLES HAVE BEEN FEATURED ONLINE AND IN PRINT LIKE SCUBA DIVING MAGAZINE, DIVERS ALERT NETWORK MAGAZINE AND IN VALLEYPLANET.COM.--
FIN FREE - LEGISLATION OF SHARK FIN BANS AROUND THE WORLD. SUPPORT LOCAL CHAPTERS IN HELPING THEM BECOME FIN FREE LIKE PENNSYLVANIA, NEW YORK, NEW JERSEY, MASSACHUSETTS AND FLORIDA. USE ACTIVITIES LIKE PETITIONS, SIGN ON LETTERS, EDUCATIONAL PRESENTATIONS TO SCHOOL AND CLUBS TO HELP SPREAD THE MESSAGE.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JAMIE POLLACKDirectorFT$0--
JULIE ANDERSONDirectorPT$0--
PAUL WILDMANDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Shark Angels Inc Formerly Path
EIN
42-1603535
Phone
9179525048
Address
315 EAST 91ST STREET 4TH FLOOR, NEW YORK, NY 10128

Signing Officer

Name
Jamie Pollack
Title
Director
Signed
2018-03-10
Discuss with paid preparer
Yes

Preparer

Firm
Newsholme Financial Services Inc
Address
2326 Crompond Road, Yorktown Heights, NY 10598
Preparer
Donald E Newsholme
Phone
9142436700
Supplemental Narrative

Additional Explanations

Other Expenses.1001

Advertising and Promotion $400

Other Expenses.1002

Office Expenses $690

Other Expenses.1005

Travel $4099

Other Expenses.1

Merchant account fees $4709

Other Expenses.2

EVENT COSTS $4101

Other Expenses.3

Small equipment purchases $2541

Other Expenses.4

RENT EXPENSE $2460

Other Expenses.5

Meals & entertainment @ 1/2 $317

Other Expenses.6

Dues & subscriptions $245

Other Expenses.7

PRODUCT SAMPLES $122

Other Assets.1005

Accounts Receivable - Beginning $0 Accounts Receivable - Ending $640

Other Assets.1010

Inventories - Beginning $3377 Inventories - Ending $3877

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $2153 Accounts Payable and Accrued Expenses - Ending $1773

Total Liabilities.1006

Payable to Officers, Directors, Etc. - Beginning $12500 Payable to Officers, Directors, Etc. - Ending $12500

Raw XML Appendix175 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0SHARK CHERUBS - DELIVERING POSITIVE EDUCATION AND BUILDING AN OCEAN ETHOS IN KIDS. DELIVERED OVER 4,000 HOURS OF CAPTIVATING, HANDS-ON EDUCATION TO CHILDREN IN 8 COUNTRIES ON 3 CONTINENTS. PROGRAM IS AIMED AT CHILDREN LEARNING ABOUT SHARKS AND THEIR IMPORTANCE. CREATED A 52 PAGE ACTIVITY BOOK, STICKERS AND BROCHURES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1POSITIVE MEDIA - LAST COMPELLING, PERSPECTIVE-ALTERING VIDEO (BLACK SWAN) WENT VIRAL AND WAS FEATURED IN MORE THAN A DOZEN MEDIA OUTLETS. AND OUR ARTICLES HAVE BEEN FEATURED ONLINE AND IN PRINT LIKE SCUBA DIVING MAGAZINE, DIVERS ALERT NETWORK MAGAZINE AND IN VALLEYPLANET.COM.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2FIN FREE - LEGISLATION OF SHARK FIN BANS AROUND THE WORLD. SUPPORT LOCAL CHAPTERS IN HELPING THEM BECOME FIN FREE LIKE PENNSYLVANIA, NEW YORK, NEW JERSEY, MASSACHUSETTS AND FLORIDA. USE ACTIVITIES LIKE PETITIONS, SIGN ON LETTERS, EDUCATIONAL PRESENTATIONS TO SCHOOL AND CLUBS TO HELP SPREAD THE MESSAGE.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $400
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $690
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Travel $4099
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MERCHANT ACCOUNT FEES $4709
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4EVENT COSTS $4101
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5SMALL EQUIPMENT PURCHASES $2541
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6RENT EXPENSE $2460
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7MEALS & ENTERTAINMENT @ 1/2 $317
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8DUES & SUBSCRIPTIONS $245
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9PRODUCT SAMPLES $122
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Accounts Receivable - Beginning $0 Accounts Receivable - Ending $640
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Inventories - Beginning $3377 Inventories - Ending $3877
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Accounts Payable and Accrued Expenses - Beginning $2153 Accounts Payable and Accrued Expenses - Ending $1773
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Payable to Officers, Directors, Etc. - Beginning $12500 Payable to Officers, Directors, Etc. - Ending $12500
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1002
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.6
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ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JAMIE POLLACK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-03-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SHARK ANGELS INC FORMERLY PATH
ReturnHeader/Filer/BusinessNameControlTxt0SHAR
ReturnHeader/Filer/EIN0421603535
ReturnHeader/Filer/PhoneNum09179525048
ReturnHeader/Filer/USAddress/AddressLine1Txt0315 EAST 91ST STREET 4TH FLOOR
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010128
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0134032365
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Newsholme Financial Services Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02326 Crompond Road
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Yorktown Heights
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010598
ReturnHeader/PreparerPersonGrp/PhoneNum09142436700
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DONALD E NEWSHOLME
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-03-10T06:23:42-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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Filings