Sharkarosa Ranch EIN 20-1321027 Form 990 (PDF) Claim this org

Sharkarosa Ranch FY2020 filing

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Offers unique encounters with rare and endangered exotic wildlife. For fiscal year 2020 it reported $506K in revenue, $493K in expenses, and $330K in net assets.Pt I

Type
Public charity (501(c)(3)) · Animals
Location
Pilot Point, TX
Website
www.sharkarosa.com
Filings
6 on file (2020–2020)
Revenue
$506KFY2020
Expenses
$493K
Net assets
$330K
People
4
Filings
6
Updates
0
More identity details & actions ⌄
EIN  20-1321027 Public charity (501(c)(3)) Pilot Point, TX
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Offers unique encounters with rare and endangered exotic wildlife.
Leadership
Nancy Gorman · Director
Money in and out
$506K revenue, $493K expenses
Bottom line
53% program efficiency
Where the money goes · FY2020
Total revenue
$506K
Pt VIII · Ln 12
Total expenses
$493K
Pt IX · Ln 25
Net assets
$330K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $13K
Where spending went · Part IX cols B–D
Program services $0.53 Management & general $0.46 Fundraising $0.01
Program efficiency
53%
of spending reaches programs
Operating runway
8.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
+3%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$506K
FY2020
Expenses
$493K
FY2020
Total assets
$772K
FY2020
Total liabilities
$442K
FY2020
Total revenue
$506K
Pt VIII · Ln 12
Total expenses
$493K
Pt IX · Ln 25
Net assets
$330K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$13K
Total assetsPt X · Ln 16$772K
Program-expense ratioPt IX · col B53%
Voting members of governing bodyPt I · Ln 32
Independent voting membersPt I · Ln 42
Mission & Programs · Part III

Where the work happens

2 program services account for $524K of program spending, described in the organization's own filed words · FY2020.
01

Our mission is to provide the North Texas community with the opportunity to experience rare and endangered exotic wildlife in a unique and personal setting.

$262Kprogram expense
02

Our mission is to provide the North Texas community with the opportunity to experience rare and endangered exotic wildlife in a unique and personal setting.

$262Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSharkarosa Ranch
EINHdr · item D20-1321027
Principal addressHdr · item CPilot Point, TX
WebsiteHdr · item Jwww.sharkarosa.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFAnimals (D34)
Ruling yearIRS BMFJul 2005

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a2
Independent voting membersPt VI · Ln 1b2
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Program service revenue$476K · 94%
Contributions & grants$30K · 6%
Program service revenue94%$476K
Contributions & grants6%$30K
Total revenueLn 12$506K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.53 Management & general $0.46 Fundraising $0.01
Program services53%$262K
Management & general46%$226K
Fundraising1%$5K
Total functional expensesLn 25$493K

Balance Sheet

Part X · end of year
CashLn 1$328K
Total assetsLn 16$772K
Total liabilitiesLn 26$442K
Total net assetsLn 32$330K
Months of cash on handcomputed8.0

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $328K · Operating expenses/yr $493K
8.0 months
Where the money goes
Program services
Program services $262K · Total expenses $493K
53%
Management & General
Management & general $226K · Total expenses $493K
46%
Fundraising
Fundraising $5K · Total expenses $493K
1.0%
Cost to raise $1
Fundraising expense $5K · Solicited contributions $30K
$0.16 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $30K · Total revenue $506K
6%
Government reliance
Government grants — · Total revenue $506K
Earned-income share
Program service revenue $476K · Total revenue $506K
94%
Investment reliance
Investment income $0 · Total revenue $506K
0%
Program self-sufficiency
Program service revenue $476K · Total expenses $493K
97%
Growth & trend
Revenue growth (YoY)
This year $506K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $330K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $506K · Expenses $493K
+3%
Liabilities-to-Assets
Total liabilities — · Total assets $772K
Net-asset ratio
Net assets $330K · Total assets $772K
43%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $772K
0%
People & payroll
Highest Reported Total Compensation
Individual Nancy Gorman · Reported title Director · Highest reported compensation $0 · Total expenses $493K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $48K · Total expenses $493K
10%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 53%
Overhead ratio 46%
Fundraising cost ratio 16%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0.2%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$69

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$931K revenue · ⤓ 990 PDF
FY2024$742K revenue · ⤓ 990 PDF
FY2023$699K revenue · ⤓ 990 PDF
FY2022$604K revenue · ⤓ 990 PDF
FY2021$630K revenue · ⤓ 990 PDF
FY2020$506K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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