Civic Intelligence

The Shark Fund

990 • Fiscal year 2022 • EIN 55-0824407

Jul 01, 2021 to Jun 30, 2022 • Filed on Oct 24, 2022

30215 Morning View DrMalibu, CA 90265

(310) 457-0360

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

56th percentile

8.3%

Higher net margin than 56% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

67th percentile

15%

Faster asset growth than 67% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

61st percentile

24%

Faster revenue growth than 61% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$196,159

Up $24,915 (+15%) from 2021

Net Assets

Up

$196,159

Up $24,915 (+15%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Up

$292,472

Up $57,458 (+24%) from 2021

Expenses

Up

$268,065

Up $61,608 (+30%) from 2021

Net Income

Down

$24,407

Down $4,150 (-15%) from 2021

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $165,930Liabilities 2011: $0Net Assets 2011: $165,9302011Assets 2012: $523,336Liabilities 2012: $0Net Assets 2012: $523,3362012Assets 2013: $136,281Liabilities 2013: $0Net Assets 2013: $136,2812013Assets 2014: $102,366Liabilities 2014: $0Net Assets 2014: $102,3662014Assets 2015: $111,298Liabilities 2015: $0Net Assets 2015: $111,2982015Assets 2016: $122,523Liabilities 2016: $0Net Assets 2016: $122,5232016Assets 2017: $159,552Liabilities 2017: $0Net Assets 2017: $159,5222017Assets 2018: $165,243Liabilities 2018: $0Net Assets 2018: $165,2432018Assets 2019: $243,779Liabilities 2019: $0Net Assets 2019: $243,7792019Assets 2020: $142,687Liabilities 2020: $0Net Assets 2020: $142,6872020Assets 2021: $171,244Liabilities 2021: $0Net Assets 2021: $171,2442021Assets 2022: $196,159Liabilities 2022: $0Net Assets 2022: $196,1592022Assets 2023: $214,580Liabilities 2023: $0Net Assets 2023: $214,5802023Assets 2024: $330,670Liabilities 2024: $0Net Assets 2024: $330,6702024Assets 2025: $349,890Liabilities 2025: $0Net Assets 2025: $349,8902025

Highlighted filing

2022

Assets$196,159
Liabilities$0
Net Assets$196,159

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $521,077Expenses 2011: $481,813Net Income 2011: $39,2642011Revenue 2012: $920,617Expenses 2012: $563,211Net Income 2012: $357,4062012Revenue 2013: $598,425Expenses 2013: $985,480Net Income 2013: -$387,0552013Revenue 2014: $663,223Expenses 2014: $697,138Net Income 2014: -$33,9152014Revenue 2015: $489,336Expenses 2015: $480,404Net Income 2015: $8,9322015Revenue 2016: $489,431Expenses 2016: $478,206Net Income 2016: $11,2252016Revenue 2017: $381,597Expenses 2017: $344,577Net Income 2017: $37,0202017Revenue 2018: $397,134Expenses 2018: $391,443Net Income 2018: $5,6912018Revenue 2019: $371,277Expenses 2019: $323,179Net Income 2019: $48,0982019Revenue 2020: $331,795Expenses 2020: $432,887Net Income 2020: -$101,0922020Revenue 2021: $235,014Expenses 2021: $206,457Net Income 2021: $28,5572021Revenue 2022: $292,472Expenses 2022: $268,065Net Income 2022: $24,4072022Revenue 2023: $334,663Expenses 2023: $315,734Net Income 2023: $18,9292023Revenue 2024: $486,181Expenses 2024: $370,098Net Income 2024: $116,0832024Revenue 2025: $345,935Expenses 2025: $326,715Net Income 2025: $19,2202025

Highlighted filing

2022

Revenue$292,472
Expenses$268,065
Net Income$24,407
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Oct 24, 2022
Return Version
2021v4.0
Gross Receipts
$292,472
Mission and Program Overview

Mission

The Shark Fund's mission is to make Malibu High School and Malibu Middle School among the finest in the nation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$171,752$196,159▲ $24,407
Total Assets$171,752$196,159▲ $24,407
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$134,461$158,868▲ $24,407
Net Assets With Donor Restrictions$37,291$37,291→ $0
Total Net Assets Fund Balance$171,752$196,159▲ $24,407
Total Liabilities and Net Assets / Fund Balance$171,752$196,159▲ $24,407
Compensation and Service Providers

Board Members and Trustees

NameTitle
Doug DeLucaCo-Chairperson
Jackie Shyman HoltCo-Chairperson
Gina OdianBoard member
Heather GardnerBoard member
Isabelle MorgenthalerBoard member
Leslie ButtonBoard member
Samantha BinahBoard member
Soniya PerlBoard Member
Kelly KincaidCo-Treasurer
Mary Ruth HughesCo-Treasurer
Wendy NickersonFinancial Secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$292,472
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$290,972
Change in Net Assets
$24,407
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$254,525
Other Expenses$13,540
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$254,525--$254,525
Office Expenses-$9,071-$9,071
Information Technology-$3,110-$3,110
Insurance-$1,359-$1,359
Total Functional Expenses$254,525$13,540$0$268,065
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Malibu Athletic Booster ClubMalibu, CA-fund athletic programs$80,000
Malibu High School Arts AngelesMalibu, CA501(c)(3)fund school art programs$75,461
Malibu High School PTSAMalibu, CA501(c)(3)fund school expenses$70,000
Malibu High & Middle SchoolMalibu, CA-filtered water station and principal-guided stretch grant$29,064
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
Backup withholding compliance
No
Business relationship with 35% controlled entity
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Organization's tax filings available for board members to review at board meetings and upon request.

Form 990, Part VI, Section C, Line 19

Organization's governing documents and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
The Shark Fund
EIN
55-0824407
Phone
3104570360
Address
30215 Morning View Dr, Malibu, CA 90265

Signing Officer

Name
Mary Ruth Hughes
Title
Co-Treasurer
Phone
3109245466
Signed
2022-10-24

Organization Details

Principal Officer
Jackie Shyman Holt
Formed
2003
Legal Domicile
CA
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
11
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1fund school art programs
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2fund athletic programs
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3filtered water station and principal-guided stretch grant
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Malibu High School PTSA
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1Malibu High School Arts Angeles
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2Malibu Athletic Booster Club
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3Malibu High & Middle School
IRS990ScheduleI/RecipientTable/RecipientEIN0956208097
IRS990ScheduleI/RecipientTable/RecipientEIN1954419513
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt030215 Morning View Drive
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt130215 Morning View Drive
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt230215 Morning View Drive
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt330215 Morning View Drive
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Malibu
IRS990ScheduleI/RecipientTable/USAddress/CityNm1Malibu
IRS990ScheduleI/RecipientTable/USAddress/CityNm2Malibu
IRS990ScheduleI/RecipientTable/USAddress/CityNm3Malibu
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0CA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1CA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2CA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3CA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd090265
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd190265
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd290265
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd390265
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0The Shark Fund monitors the budgets and expenditures of the organizations that receive its grants, all for the benefit of Malibu High School and Malibu Middle School.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule I, Part I, Line 2
IRS990ScheduleI/Total501c3OrgCnt02
IRS990ScheduleI/TotalOtherOrgCnt02
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Organization's tax filings available for board members to review at board meetings and upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Organization's governing documents and financial statements are available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0171752
IRS990/TotalAssetsEOYAmt0196159
IRS990/TotalAssetsGrp/BOYAmt0171752
IRS990/TotalAssetsGrp/EOYAmt0196159
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0292472
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt013540
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0254525
IRS990/TotalFunctionalExpensesGrp/TotalAmt0268065
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0171752
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0196159
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt00
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt0254525
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0292472
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt011
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0171752
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0196159
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt030215 Morning View Drive
IRS990/USAddress/CityNm0Malibu
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd090265
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0https://www.smmusd.org/domain/685
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/LastSubmissionRqrOOBCd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd01
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Mary Ruth Hughes
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Co-Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum03109245466
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-10-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE SHARK FUND
ReturnHeader/Filer/BusinessNameControlTxt0SHAR
ReturnHeader/Filer/EIN0550824407
ReturnHeader/Filer/PhoneNum03104570360
ReturnHeader/Filer/USAddress/AddressLine1Txt030215 Morning View Dr
ReturnHeader/Filer/USAddress/CityNm0Malibu
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090265
ReturnHeader/ReturnTs02022-10-24T14:45:09-07:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.50$0.00$3.50$3.46$3.27$0.19
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.31$0.00$3.31$4.86$3.70$1.16
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.15$0.00$2.15$3.35$3.16$0.19
2022Detailed filing. Detailed filing data is available for this year.$1.96$0.00$1.96$2.92$2.68$0.24
2021Detailed filing. Detailed filing data is available for this year.$1.71$0.00$1.71$2.35$2.06$0.29
2020Summary only. Only limited summary data is available for this year.$1.43$0.00$1.43$3.32$4.33$1.01
2019Summary only. Only limited summary data is available for this year.$2.44$0.00$2.44$3.71$3.23$0.48
2018Summary only. Only limited summary data is available for this year.$1.65$0.00$1.65$3.97$3.91$0.06
2017Summary only. Only limited summary data is available for this year.$1.60$0.00$1.60$3.82$3.45$0.37
2016Summary only. Only limited summary data is available for this year.$1.23$0.00$1.23$4.89$4.78$0.11
2015Summary only. Only limited summary data is available for this year.$1.11$0.00$1.11$4.89$4.80$0.09
2014Summary only. Only limited summary data is available for this year.$1.02$0.00$1.02$6.63$6.97$0.34
2013Summary only. Only limited summary data is available for this year.$1.36$0.00$1.36$5.98$9.85$3.87
2012Summary only. Only limited summary data is available for this year.$5.23$0.00$5.23$9.21$5.63$3.57
2011Summary only. Only limited summary data is available for this year.$1.66$0.00$1.66$5.21$4.82$0.39
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2022 filings • 501(c)3 • <$500k nonprofits