Civic Intelligence

Wild Dolphin Project Inc.

990 • Fiscal year 2022 • EIN 65-0264660

Nov 01, 2021 to Oct 31, 2022 • Filed on Aug 21, 2023

1208 US Highway 1North Palm Beach, FL 33408

(561) 575-5660

Siviq Scores

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

Liabilities / Assets

78th percentile

0.24x

Higher debt load relative to assets than 78% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

85th percentile

0.44x

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

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

13th percentile

-26%

Higher net margin than 13% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

86th percentile

$92,000

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 19.4% of source-year revenue.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

24th percentile

-8.5%

Faster asset growth than 24% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

9th percentile

-43%

Faster revenue growth than 9% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Down

$848,151

Down $78,574 (-8.5%) from 2021

Net Assets

Down

$641,644

Down $123,071 (-16%) from 2021

Liabilities

Up

$206,507

Up $44,497 (+27%) from 2021

Revenue

Down

$474,183

Down $360,198 (-43%) from 2021

Expenses

Down

$597,254

Down $14,773 (-2.4%) from 2021

Net Income

Down

-$123,071

Down $345,425 (-155%) from 2021

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $306,698Liabilities 2011: $5,901Net Assets 2011: $300,7972011Assets 2012: $358,066Liabilities 2012: $33,567Net Assets 2012: $324,4992012Assets 2013: $554,102Liabilities 2013: $14,013Net Assets 2013: $540,0892013Assets 2014: $539,210Liabilities 2014: $12,877Net Assets 2014: $526,3332014Assets 2015: $531,933Liabilities 2015: $7,028Net Assets 2015: $524,9052015Assets 2016: $662,985Liabilities 2016: $20,894Net Assets 2016: $642,0912016Assets 2017: $678,497Liabilities 2017: $14,284Net Assets 2017: $664,2132017Assets 2018: $695,104Liabilities 2018: $12,570Net Assets 2018: $682,5342018Assets 2019: $681,433Liabilities 2019: $16,982Net Assets 2019: $664,4512019Assets 2020: $933,453Liabilities 2020: $391,091Net Assets 2020: $542,3622020Assets 2021: $926,725Liabilities 2021: $162,010Net Assets 2021: $764,7152021Assets 2022: $848,151Liabilities 2022: $206,507Net Assets 2022: $641,6442022Assets 2023: $590,599Liabilities 2023: $194,439Net Assets 2023: $396,1602023Assets 2024: $876,795Liabilities 2024: $175,340Net Assets 2024: $701,4552024Assets 2025: $1,888,802Liabilities 2025: $141,649Net Assets 2025: $1,747,1532025

Highlighted filing

2022

Assets$848,151
Liabilities$206,507
Net Assets$641,644

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2011: $431,592Expenses 2011: $347,164Net Income 2011: $84,4282011Revenue 2012: $380,129Expenses 2012: $356,427Net Income 2012: $23,7022012Revenue 2013: $584,669Expenses 2013: $369,079Net Income 2013: $215,5902013Revenue 2014: $433,973Expenses 2014: $447,729Net Income 2014: -$13,7562014Revenue 2015: $403,780Expenses 2015: $405,208Net Income 2015: -$1,4282015Revenue 2016: $543,420Expenses 2016: $426,234Net Income 2016: $117,1862016Revenue 2017: $481,578Expenses 2017: $459,456Net Income 2017: $22,1222017Revenue 2018: $527,335Expenses 2018: $509,014Net Income 2018: $18,3212018Revenue 2019: $515,571Expenses 2019: $533,653Net Income 2019: -$18,0822019Revenue 2020: $476,112Expenses 2020: $598,201Net Income 2020: -$122,0892020Revenue 2021: $834,381Expenses 2021: $612,027Net Income 2021: $222,3542021Revenue 2022: $474,183Expenses 2022: $597,254Net Income 2022: -$123,0712022Revenue 2023: $432,020Expenses 2023: $610,716Net Income 2023: -$178,6962023Revenue 2024: $923,444Expenses 2024: $618,149Net Income 2024: $305,2952024Revenue 2025: $1,674,126Expenses 2025: $673,041Net Income 2025: $1,001,0852025

Highlighted filing

2022

Revenue$474,183
Expenses$597,254
Net Income-$123,071
Jump To
Filing Snapshot
Filing Period
Nov 1, 2021 to Oct 31, 2022
Signed
Aug 21, 2023
Return Version
2021v4.1
Gross Receipts
$474,183
Mission and Program Overview

Mission

The study of wild dolphins off the coast of the Bahamas for educational and scientific reporting purposes.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$491,068$417,090▼ $73,978
Land, Buildings, and Equipment, Net$239,682$224,988▼ $14,694
Savings and Temporary Cash Investments$156,436$164,649▲ $8,213
Pledges and Grants Receivable$23,400$23,400→ $0
Prepaid Expenses and Deferred Charges$4,189$4,874▲ $685
Accounts Receivable$25$25→ $0
Total Assets$926,725$848,151▼ $78,574
Other Assets Total$11,925$13,125▲ $1,200
Liabilities
Other Liabilities$157,107$176,767▲ $19,660
Accounts Payable and Accrued Expenses$4,903$29,740▲ $24,837
Total Liabilities$162,010$206,507▲ $44,497
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$759,715$636,644▼ $123,071
Net Assets With Donor Restrictions$5,000$5,000→ $0
Total Net Assets Fund Balance$764,715$641,644▼ $123,071
Total Liabilities and Net Assets / Fund Balance$926,725$848,151▼ $78,574

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$224,988$806,935-

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$5,000---$5,000
2020$5,000---$5,000
2019$5,000---$5,000
2018$5,000---$5,000
2017$5,000---$5,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Denise HerzingTreasurerFT$92,000$92,000

Board Members and Trustees

NameTitle
Axel StepanPresident
Drew MayerVice President
Chris Traughber MdDirector
Ivi KimmelDirector
Ruth PetzoldDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$351,127
Program Service Revenue
$113,999
Investment Income
$2,392
Other Revenue
$6,665
All Other Contributions
$310,267
Change in Net Assets
$-123,071

Audited Revenue Reconciliation

Revenue per Audited Statements
$474,183
Total Revenue per Audited Statements
$474,183
Total Revenue per Form 990
$474,183
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$338,260
Salaries, Compensation, and Employee Benefits$258,994
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$88,278$37,186$0$125,464
Current Officers, Directors, Trustees, and Key Employees$92,000$0$0$92,000
Other Expenses$41,021$0$0$41,021
Occupancy$21,556$5,904$0$27,460
Insurance$24,184$3,203$0$27,387
Other Employee Benefits$18,240$6,781$0$25,021
Office Expenses$15,485$7,761$0$23,246
All Other Expenses$13,162$3,993$0$17,155
Payroll Taxes$13,636$2,873$0$16,509
Depreciation Depletion$14,695$0$0$14,695
Fees for Services Legal$5,821$3,517$0$9,338
Advertising$7,213$0$0$7,213
Fees for Services Accounting$5,198$1,450$0$6,648
Interest$514$770$0$1,284
Travel$1,120$0$0$1,120
Total Functional Expenses$522,727$74,527$0$597,254

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$597,254
Total Expenses per Audited Statements$597,254
Total Expenses per Form 990$597,254
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Eidl Loan Payable$150,394
Deferred Grant Revenue$26,149
Sales Tax Payable$224
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
Backup withholding compliance
Yes
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
Filing and Contact Details

Filer

Filer Name
Wild Dolphin Project Inc
EIN
65-0264660
Phone
5615755660
Address
1208 US HIGHWAY 1, NORTH PALM BEACH, FL 33408

Signing Officer

Name
Denise Herzing
Title
Treasurer
Phone
5615755660
Signed
2023-08-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Denise Herzing
Formed
1990
Legal Domicile
Fl
Voting Board Members
6
Independent Board Members
6
Employees
4
Volunteers
4

Preparer

Firm
Friedman Feldmesser and Karpeles CPA LLC
Address
641 UNIVERSITY BLVD STE 210, JUPITER, FL 33458
Preparer
Kenneth R Friedman
Phone
5616229990
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The organization makes its form 990, governing documents and financial statements available to all members of its governing body and to the public via email file or paper

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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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IRS990/PayrollTaxesGrp/TotalAmt016509
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt023400
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt023400
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04189
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04874
IRS990/PrincipalOfficerNm0DENISE HERZING
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0RESEARCH FIELD TRIPS
IRS990/ProgramServiceRevenueGrp/Desc1WILD OCEAN SCIENCE EVENT
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt095850
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt118149
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgSrvcAccomActy2Grp/Desc0CONDUCTED DEVELOPMENTAL ACTIVITIES FOCUSING ON EDUCATIONAL AND SCIENTIFIC REPORTING ON THE RESULTS OF FIELD RESEARCH, STUDY AND OBSERVATION OF THE ATLANTIC WILD DOLPHINS OFF THE COAST OF THE BAHAMAS
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt059624
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt054046
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0605516
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt06769
IRS990/PYOtherExpensesAmt0320363
IRS990/PYOtherRevenueAmt05960
IRS990/PYProgramServiceRevenueAmt0216136
IRS990/PYRevenuesLessExpensesAmt0222354
IRS990/PYSalariesCompEmpBnftPaidAmt0291664
IRS990/PYTotalExpensesAmt0612027
IRS990/PYTotalRevenueAmt0834381
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-123071
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0420137
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0156436
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0164649
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0351127
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0674268
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0470341
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0564871
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0518785
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02579392
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt02392
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt06769
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt03554
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02091
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01647
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt016453
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99370
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal170Amt02579392
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0351127
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0674268
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0470341
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0564871
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0518785
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02579392
IRS990ScheduleA/TotalSupportAmt02595845
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt05000
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt05000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt05000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt05000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt05000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt05000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt05000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt05000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt05000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt05000
IRS990ScheduleD/EquipmentGrp/BookValueAmt0224988
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0806935
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt01031923
IRS990ScheduleD/ExpensesSubtotalAmt0597254
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt026149
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1150394
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2224
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED GRANT REVENUE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1EIDL LOAN PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2SALES TAX PAYABLE
IRS990ScheduleD/RevenueSubtotalAmt0474183
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0224988
IRS990ScheduleD/TotalExpensesPerForm990Amt0597254
IRS990ScheduleD/TotalLiabilityAmt0176767
IRS990ScheduleD/TotalRevenuePerForm990Amt0474183
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0474183
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0597254
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION MAKES ITS FORM 990, GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO ALL MEMBERS OF ITS GOVERNING BODY AND TO THE PUBLIC VIA EMAIL FILE OR PAPER
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0926725
IRS990/TotalAssetsEOYAmt0848151
IRS990/TotalAssetsGrp/BOYAmt0926725
IRS990/TotalAssetsGrp/EOYAmt0848151
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0351127
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt074527
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0522727
IRS990/TotalFunctionalExpensesGrp/TotalAmt0597254
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0162010

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.89$0.14$1.75$1.67$0.67$1.00
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.88$0.18$0.70$0.92$0.62$0.31
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.59$0.19$0.40$0.43$0.61$0.18
2022Detailed filing. Detailed filing data is available for this year.$0.85$0.21$0.64$0.47$0.60$0.12
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.93$0.16$0.76$0.83$0.61$0.22
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.93$0.39$0.54$0.48$0.60$0.12
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.68$0.02$0.66$0.52$0.53$0.02
2018Summary only. Only limited summary data is available for this year.$0.70$0.01$0.68$0.53$0.51$0.02
2017Summary only. Only limited summary data is available for this year.$0.68$0.01$0.66$0.48$0.46$0.02
2016Summary only. Only limited summary data is available for this year.$0.66$0.02$0.64$0.54$0.43$0.12
2015Summary only. Only limited summary data is available for this year.$0.53$0.01$0.52$0.40$0.41$0.00
2014Summary only. Only limited summary data is available for this year.$0.54$0.01$0.53$0.43$0.45$0.01
2013Summary only. Only limited summary data is available for this year.$0.55$0.01$0.54$0.58$0.37$0.22
2012Summary only. Only limited summary data is available for this year.$0.36$0.03$0.32$0.38$0.36$0.02
2011Summary only. Only limited summary data is available for this year.$0.31$0.01$0.30$0.43$0.35$0.08