Civic Intelligence

Shark Angels Inc Formerly Path

990EZ • Fiscal year 2020 • EIN 42-1603535

Jan 01, 2020 to Dec 31, 2020 • Filed on May 13, 2021

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

76th percentile

0.10x

Higher debt load relative to assets than 76% of similar nonprofits.

2020 filings • NTEE D20 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

85th percentile

0.17x

Higher debt load relative to revenue than 85% of similar nonprofits.

2020 filings • NTEE D20 • <$500k nonprofits • Source year 2020

Net Margin

14th percentile

-19%

Higher net margin than 14% of similar nonprofits.

2020 filings • NTEE D20 • <$500k nonprofits • Source year 2020

Top Officer Pay

90th percentile

$0

Higher top officer pay than 90% of similar nonprofits.

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

2020 filings • NTEE D20 • <$500k nonprofits • Source year 2020

Asset Growth

22nd percentile

-12%

Faster asset growth than 22% of similar nonprofits.

2020 filings • NTEE D20 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

24th percentile

-26%

Faster revenue growth than 24% of similar nonprofits.

2020 filings • NTEE D20 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$140,949

Down $20,067 (-12%) from 2019

Net Assets

Down

$126,875

Down $15,327 (-11%) from 2019

Liabilities

Down

$14,074

Down $4,740 (-25%) from 2019

Revenue

Down

$82,701

Down $29,442 (-26%) from 2019

Expenses

Up

$98,028

Up $24,818 (+34%) from 2019

Net Income

Down

-$15,327

Down $54,260 (-139%) from 2019

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

2020

Assets$140,949
Liabilities$14,074
Net Assets$126,875

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

2020

Revenue$82,701
Expenses$98,028
Net Income-$15,327
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 13, 2021
Return Version
2020v4.0
Gross Receipts
$141,951
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--
JENNY BRAVODirectorPT$0--
HENRY LOUISDirectorPT$0--
MARC BAUMANDirectorPT$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
2021-05-13
Discuss with paid preparer
Yes

Preparer

Firm
Newsholme Financial Services Inc
Address
2326 Crompond Road, Yorktown Heights, NY 10598
Preparer
Kellianne M Warnet
Phone
9142436700
Supplemental Narrative

Additional Explanations

Other Expenses.1001

Advertising and Promotion $5646

Other Expenses.1002

Office Expenses $1310

Other Expenses.1003

Information Technology $2855

Other Expenses.1005

Travel $647

Other Expenses.1

RENT EXPENSE $5040

Other Expenses.2

Merchant account fees $2899

Other Expenses.3

Quickbooks subscription $915

Other Expenses.4

EVENT COSTS $600

Other Expenses.5

EDUCATION COSTS $76

Other Expenses.6

Meals & entertainment @ 1/2 $70

Other Expenses.7

BANK FEES $25

Other Expenses.8

Computer & internet expenses $24

Other Assets.1010

Inventories - Beginning $8337 Inventories - Ending $2668

Other Assets.1

UNDEPOSITED FUNDS - Beginning $0 UNDEPOSITED FUNDS - Ending $2077

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $6314 Accounts Payable and Accrued Expenses - Ending $952

Total Liabilities.1006

Payable to Officers, Directors, Etc. - Beginning $12500 Payable to Officers, Directors, Etc. - Ending $13122

Raw XML Appendix193 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $5646
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $1310
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Information Technology $2855
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MERCHANT ACCOUNT FEES $2899
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6QUICKBOOKS SUBSCRIPTION $915
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