Shark Angels INC

Tax-deductible

New York, NY501(c)(3)AnimalsEIN 42-1603535Revenue $172K in FY2024

On file with the IRSsharkangels.org315 E 91st St Ste 4, 10128-5938 · New York, NYTax-exempt since Jan 2004Publicly supported charity — 170(b)(1)(A)(vi)

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Education and public awareness of sharks and the oceans

501(c)(3) charity; gifts are tax-deductible.
7¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 3
filings with a surplus
Average surplus $16K a year · 9% of revenue · last 3 filings
Fine: a surplus in 2 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
7%
of spending
Concern: 7% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
11 mo
of spending, in cash
Looks good: 11.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $1K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$20K
11% of total assets
Looks good: liabilities are 11% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 8 voting members
Concern: none of 8 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$172K
-12% vs prior year
Spent
$179K
To programs
7%
Net assets
$167K
By yearFY2020–FY2024
Revenue
$172K
FY2024▼ -12%
Tap a bar for its year
Revenue by fiscal year
FY2020$83K
FY2021$132K
FY2022$165K
FY2023$196K
FY2024$172K
Expenses
$179K
FY2024▲ +9%
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021Not on file
FY2022$141K
FY2023$165K
FY2024$179K
Net assets
$167K
FY2024▼ -4%
Tap a bar for its year
Net assets by fiscal year
FY2020$127K
FY2021$133K
FY2022$133K
FY2023$174K
FY2024$167K

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 2004.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

7 cents of each dollar spent went to programs.

Program services 7% · $12K Management & general 48% · $86K Fundraising 45% · $81K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

8 people listed on the 990.

Part VII, Section A · reportable compensation
Executive Dir.
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Jamie Pollack’s $18K as Executive Dir. is at the 19th percentile of top reported officer pay among 1221 $100K–1M animals nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2023FY2022
Jamie Pollack$18,000$32,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Shark Angels INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Educates the public about sharks and ocean conservation.

Provided by the organization

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3 programs · $12K · in their own filed words · FY2024
01

Meet a Shark

Led four unique shark diving expeditions, immersing 80 divers in firsthand experiences to understand sharks true nature. These trips cultivate new shark ambassadors while supporting local economies and reinforcing the value of sharks alive rather than dead.

$12Kprogram expense
02

Earn Your Wings Mentorship Program

Mentored seven college students studying marine and environmental sciences, providing hands-on experience and skill development to prepare them for careers in their field. Through research, conservation projects, and real-world applications, these students gained valuable insights and practical knowledge to support their future success…

Pt IX · col B
03

Shark Angels U

Delivered 500 hours of engaging educational presentations in person and remote to audiences of all ages worldwide, fostering knowledge and awareness to inspire action in protecting sharks and their vital role in marine ecosystems. Gave 100 students shark angels produced shark materials

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 2 funders$1K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$172K
Ln 12
Other incomeLn 4–11$121K
Gifts and grantsLn 1h$51K
Money outPt IX
$179K
Ln 25
Programscol B$12K
Managementcol C$86K
Fundraisingcol D$81K
Owns and owesPt X
$167K
net assets · Ln 32
Cash and savingsLn 1–2$165K
Total assetsLn 16$186K
LiabilitiesLn 26$20K
PeoplePt VI, VII
8
listed · VII A
PaidVII A0
Voting boardVI 1a8
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$51K
Other incomeLn 4–11$121K
Gains on assetsLn 7$0
Total revenueLn 12$172K
Assets in detailPt X, end of year
CashLn 1$165K
SavingsLn 2$0
Cash and savings togetherLn 1–2$165K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$676
Total assetsLn 16$186K
LiabilitiesLn 26$20K
Net assetsLn 32$167K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$169K$165K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$190K$186K
LiabilitiesLn 26$16K$20K
Net assetsLn 32$174K$167K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$38K$38K
Legal feesLn 11b$0
Accounting feesLn 11c$6K$6K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$26K$26K
Advertising and promotionLn 12$9K$9K
Office expensesLn 13$138$138
Information technologyLn 14$926$926
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$1K$1K
Other expenses (24a–d)Ln 24$92K$12K$8K$72K
All other expensesLn 24e$6K$250$6K
Total functional expensesLn 25$179K$12K$86K$81K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $172K$179K−$7K$167K 990 PDF
FY2023 $196K$165K$31K$174K 990 PDF
FY2022 $165K$141K$24K$133K 990 PDF
FY2021 $132K$133K 990 PDF
FY2020 $83K$127K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $171,677 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $43,989$51,050
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenuePrior year $151,886$120,627
I-12 Total revenuePrior year $195,875$171,677
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $164,640$179,138
I-18 Total expensesPrior year $164,640$179,138
I-19 Revenue less expensesPrior year $31,235−$7,461
Part VI · Governance 0 of 8 board members independent, 3 to look at
VI-1a Voting members of the governing body8
VI-1b Independent voting members0
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $171,677 across 8 lines filed
Lines not itemized here account for $120,627 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$51,050
VIII-1h Total contributions, gifts and grants$51,050
VIII-3 Investment income$0
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $120,627$171,677
Part IX · Statement of functional expenses $179,138 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management feesManagement $37,870$37,870
IX-11b Legal fees$0
IX-11c Accounting feesManagement $6,364$6,364
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesManagement $25,776$25,776
IX-12 Advertising and promotionFundraising $8,996$8,996
IX-13 Office expensesManagement $138$138
IX-14 Information technologyManagement $926$926
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 InsuranceManagement $1,145$1,145
IX-24 Other expenses (24a–d)Programs $12,000 · Management $7,917 · Fundraising $71,611$91,528
IX-24e All other expensesPrograms $250 · Management $6,145$6,395
IX-25 Total functional expensesPrograms $12,250 · Management $86,281 · Fundraising $80,607$179,138
Part X · Balance sheet $186,363 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $168,685$165,473
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-8 Inventories for sale or useStart of year $20,010$20,214
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $1,747$676
X-16 Total assetsStart of year $190,442$186,363
X-17 Accounts payable and accrued expensesStart of year $3,447$7,117
X-26 Total liabilitiesStart of year $15,947$19,617
X-27 Net assets without donor restrictionsStart of year $174,495$166,746
X-32 Total net assets or fund balancesStart of year $174,495$166,746
X-33 Total liabilities and net assetsStart of year $190,442$186,363
Part XI · Reconciliation of net assets $166,746 net assets at year end
XI-1 Total revenue$171,677
XI-2 Total expenses$179,138
XI-3 Revenue less expenses−$7,461
XI-4 Net assets at start of year$174,495
XI-8 Prior period adjustments−$288
XI-10 Net assets at end of year$166,746

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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