Civic Intelligence

Atlantic White Shark Conservancy Inc.

990 • Fiscal year 2016 • EIN 46-0949763

Jan 01, 2016 to Dec 31, 2016 • Filed on Sep 24, 2018

PO Box 66Chatham, MA 02633

(508) 348-5901

Siviq Scores

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

Liabilities / Assets

26th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

26th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

84th percentile

28%

Higher net margin than 84% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

65th percentile

$49,000

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 6.7% of source-year revenue.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

95th percentile

124%

Faster asset growth than 95% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

96th percentile

171%

Faster revenue growth than 96% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Up

$372,469

Up $206,009 (+124%) from 2015

Net Assets

Up

$372,469

Up $206,009 (+124%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Up

$734,148

Up $463,522 (+171%) from 2015

Expenses

Up

$528,139

Up $367,273 (+228%) from 2015

Net Income

Up

$206,009

Up $96,249 (+88%) from 2015

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2013: $23,701Liabilities 2013: $0Net Assets 2013: $23,7012013Assets 2015: $166,460Liabilities 2015: $0Net Assets 2015: $166,4602015Assets 2016: $372,469Liabilities 2016: $0Net Assets 2016: $372,4692016Assets 2017: $585,031Liabilities 2017: $1,169Net Assets 2017: $583,8622017Assets 2018: $916,178Liabilities 2018: $919Net Assets 2018: $915,2592018Assets 2020: $1,394,934Liabilities 2020: $11,829Net Assets 2020: $1,383,1052020Assets 2024: $2,735,330Liabilities 2024: $1,060,364Net Assets 2024: $1,674,9662024

Highlighted filing

2016

Assets$372,469
Liabilities$0
Net Assets$372,469

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0Revenue 2013: $64,827Expenses 2013: $41,126Net Income 2013: $23,7012013Revenue 2015: $270,626Expenses 2015: $160,866Net Income 2015: $109,7602015Revenue 2016: $734,148Expenses 2016: $528,139Net Income 2016: $206,0092016Revenue 2017: $771,083Expenses 2017: $590,432Net Income 2017: $180,6512017Revenue 2018: $891,386Expenses 2018: $559,989Net Income 2018: $331,3972018Revenue 2020: $1,101,557Expenses 2020: $854,043Net Income 2020: $247,5142020Revenue 2024: $1,854,467Expenses 2024: $1,842,278Net Income 2024: $12,1892024

Highlighted filing

2016

Revenue$734,148
Expenses$528,139
Net Income$206,009
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Sep 24, 2018
Return Version
2016v3.1
Gross Receipts
$828,156
Mission and Program Overview

Mission

Support scientific research, improve public safety, and educate the community, to inspire conservation of atlantic white sharks.

The mission of atlantic white shark conservancy is to support scientific research, improve public safety, and educate the community, to inspire conservation of atlantic white sharks.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$165,787$372,469▲ $206,682
Land, Buildings, and Equipment, Net-$20,232-
Inventories for Sale or Use-$8,937-
Prepaid Expenses and Deferred Charges$1,703$2,722▲ $1,019
Total Assets$167,490$404,360▲ $236,870
Liabilities
Accounts Payable and Accrued Expenses-$1,149-
Total Liabilities$0$1,149▲ $1,149
Net Assets / Fund Balance
Unrestricted Net Assets$167,490$391,211▲ $223,721
Temporarily Rstr Net Assets-$12,000-
Total Net Assets Fund Balance$167,490$403,211▲ $235,721
Total Liabilities and Net Assets / Fund Balance$167,490$404,360▲ $236,870

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$16,097$3,211$19,308
Leasehold Improvements$3,370$116$3,486
Other Land Buildings$765$191$956
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Cynthia WigrenPresidentFT$49,000$49,000
Marianne LongClerkFT$24,125$24,125

Board Members and Trustees

NameTitle
Aaron PolhemusDirector
Benjamin WigrenDirector
Brian SkerryDirector
Dave FerraresiDirector
Joe RomeiroDirector
John KingDirector
Jon DoddDirector
Ken SommerDirector
Stephen DanielDirector
Chris ScanzilloTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$262,170
Program Service Revenue
$268,332
Investment Income
$0
Other Revenue
$184,046
All Other Contributions
$262,170
Change in Net Assets
$235,721

Audited Revenue Reconciliation

Revenue per Audited Statements
$714,548
Total Revenue per Audited Statements
$714,548
Total Revenue per Form 990
$714,548
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$401,215
Salaries, Compensation, and Employee Benefits$77,612
Total Fundraising Expense$22,922
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$122,755$16,687$13,476$152,918
Current Officers, Directors, Trustees, and Key Employees$35,300$9,800$4,900$50,000
Other Salaries and Wages$17,425$3,800$1,900$23,125
Occupancy$15,880$3,250$1,625$20,755
Other Expenses$17,697--$17,697
Fees for Services Accounting-$5,928-$5,928
Payroll Taxes$3,141$897$449$4,487
Depreciation Depletion$3,517--$3,517
Fees for Services Legal$960$151$572$1,683
Total Functional Expenses$415,392$40,513$22,922$478,827

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$478,827
Total Expenses per Audited Statements$478,827
Total Expenses per Form 990$478,827
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$150,262
Fundraising Direct Expenses$54,758
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$104,463$104,463$30,700$73,763
License Plates$41,044$41,044$21,040$20,004
Total Events$145,507$145,507$51,740$93,767
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Cynthia wigren benjamin wigren president director married

Form 990, Page 6, Part VI, Line 11B

Form 990 is sent to the board of directors for review and approval prior to filing.

Form 990, Page 6, Part VI, Line 12C

All board members are required to sign and update annual their conflict of interest policy.

Form 990, Page 6, Part VI, Line 15A

Compensation is approved and noted by the board

Form 990, Page 6, Part VI, Line 15B

Compensation isapproved and noted by the board.

Form 990, Page 6, Part VI, Line 19

All governing documents are made available upon request.

Filing and Contact Details

Filer

Filer Name
Atlantic White Shark Conservancy
EIN
46-0949763
Phone
5083485901
Address
PO BOX 66, CHATHAM, MA 02633

Signing Officer

Name
Stephen Daniel
Title
Director
Phone
5083485901
Signed
2018-09-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cynthia Wigren
Formed
2012
Legal Domicile
Ma
Voting Board Members
12
Independent Board Members
12
Employees
2
Volunteers
20

Preparer

Firm
Sanders Walsh & Eaton LLC
Address
PO BOX 1427, W CHATHAM, MA 02669
Preparer
Michael J Walsh CPA
Phone
5089450031
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Item B

Tax return as originally filed was on the cash basis, not the accrual basis of accounting.

Form 990, Part IX, Line 24E

Contract work - education 16,050 0 0 grant expense education 14,925 0 0 materials 14,611 0 0 exhibits 13,848 0 0 other csc expenses 8,267 0 0 event planner 0 0 8,000 insurance 0 6,684 0 marketing 5,649 0 0 travel/accomodations 5,619 0 0 gills club newsletters 5,308 0 0 other event expense 0 0 4,096 shopify service fees 4,023 0 0 bond fee 4,000 0 0 public safety - other 3,392 0 0 office/admin expense 0 3,152 0 equipment 2,536 0 0 cottage & hanger 2,450 0 0 grant expense research 2,423 0 0 other public safety expen 2,299 0 0 advertising 2,186 0 0 chatham shark center 1,995 0 0 travel 1,788 0 0 paypal & lgl service fees 1,721 0 0 shipping and delivery 1,700 0 0 donor & volunteer appreci 1,613 0 0 buoy deployment/retrieval 1,460 0 0 spectacle of trees 0 0 1,380 office 0 1,326 0 computer & internet fees 0 1,320 0 research - other 1,300 0 0 dues & subscriptions 0 1,292 0 taxes 0 1,058 0 payroll processing fee 0 1,020 0 one call now & pushwoosh 1,002 0 0 commissions & fees 904 0 0 scholarships 837 0 0 camp 481 0 0 professional fees - other 0 300 0 supplies 248 0 0 other office/admin expens 0 220 0 bank charges 0 206 0 education/outreach - othe 120 0 0 filing fees 0 109 0 total 122,755 16,687 13,476

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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0142500
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt146430
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt332165
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IRS990/PYContributionsGrantsAmt0204326
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IRS990/PYOtherExpensesAmt069413
IRS990/PYOtherRevenueAmt066300
IRS990/PYRevenuesLessExpensesAmt0109760
IRS990/PYSalariesCompEmpBnftPaidAmt091453
IRS990/PYTotalExpensesAmt0160866
IRS990/PYTotalRevenueAmt0270626
IRS990/ReconcilationRevenueExpnssAmt0235721
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
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IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt037102
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0674021
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt055455
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IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
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IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0409562
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0316868
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0147187
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt060686
IRS990ScheduleA/Total509Grp/TotalAmt0934303
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0409562
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0934303
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IRS990ScheduleD/ExpensesSubtotalAmt0478827
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt03370
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0116
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt03486
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0765
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0191
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0956
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IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GALA
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0LICENSE PLATES
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0104463
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt041044
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IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt051740
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt030700
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TAX RETURN AS ORIGINALLY FILED WAS ON THE CASH BASIS, NOT THE ACCRUAL BASIS OF ACCOUNTING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CYNTHIA WIGREN BENJAMIN WIGREN PRESIDENT DIRECTOR MARRIED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 IS SENT TO THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL BOARD MEMBERS ARE REQUIRED TO SIGN AND UPDATE ANNUAL THEIR CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPENSATION IS APPROVED AND NOTED BY THE BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COMPENSATION ISAPPROVED AND NOTED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ALL GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7CONTRACT WORK - EDUCATION 16,050 0 0 GRANT EXPENSE EDUCATION 14,925 0 0 MATERIALS 14,611 0 0 EXHIBITS 13,848 0 0 OTHER CSC EXPENSES 8,267 0 0 EVENT PLANNER 0 0 8,000 INSURANCE 0 6,684 0 MARKETING 5,649 0 0 TRAVEL/ACCOMODATIONS 5,619 0 0 GILLS CLUB NEWSLETTERS 5,308 0 0 OTHER EVENT EXPENSE 0 0 4,096 SHOPIFY SERVICE FEES 4,023 0 0 BOND FEE 4,000 0 0 PUBLIC SAFETY - OTHER 3,392 0 0 OFFICE/ADMIN EXPENSE 0 3,152 0 EQUIPMENT 2,536 0 0 COTTAGE & HANGER 2,450 0 0 GRANT EXPENSE RESEARCH 2,423 0 0 OTHER PUBLIC SAFETY EXPEN 2,299 0 0 ADVERTISING 2,186 0 0 CHATHAM SHARK CENTER 1,995 0 0 TRAVEL 1,788 0 0 PAYPAL & LGL SERVICE FEES 1,721 0 0 SHIPPING AND DELIVERY 1,700 0 0 DONOR & VOLUNTEER APPRECI 1,613 0 0 BUOY DEPLOYMENT/RETRIEVAL 1,460 0 0 SPECTACLE OF TREES 0 0 1,380 OFFICE 0 1,326 0 COMPUTER & INTERNET FEES 0 1,320 0 RESEARCH - OTHER 1,300 0 0 DUES & SUBSCRIPTIONS 0 1,292 0 TAXES 0 1,058 0 PAYROLL PROCESSING FEE 0 1,020 0 ONE CALL NOW & PUSHWOOSH 1,002 0 0 COMMISSIONS & FEES 904 0 0 SCHOLARSHIPS 837 0 0 CAMP 481 0 0 PROFESSIONAL FEES - OTHER 0 300 0 SUPPLIES 248 0 0 OTHER OFFICE/ADMIN EXPENS 0 220 0 BANK CHARGES 0 206 0 EDUCATION/OUTREACH - OTHE 120 0 0 FILING FEES 0 109 0 TOTAL 122,755 16,687 13,476
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, ITEM B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART IX, LINE 24E
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