Undercurrent Inc

Organization Overview

Undercurrent Inc is located in San Rafael, CA. The organization was established in 2005. According to its NTEE Classification (A33) the organization is classified as: Printing & Publishing, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Undercurrent Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 09/2021, Undercurrent Inc generated $8.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 62.1% each year . All expenses for the organization totaled $4.7m during the year ending 09/2021. While expenses have increased by 54.0% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

EDUCATION AND SUPPORTING WILD ANIMAL, LAND, OCEAN, AND OTHER ENVIRONMENTAL PROTECTION PROGRAMS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE UNDERCURRENT BOARD OF DIRECTORS HAS EXPANDED THE PURPOSE OF THIS CORPORATION: 1. TO INFORM SCUBA DIVERS ABOUT HEALTH AND SAFETY ISSUES AND DIVING OPPORTUNITIES, WHILE SUPPORTING CONSERVATION PROJECTS IMPORTANT TO DIVERS.2. TO SUPPORT WILD ANIMAL, LAND, OCEAN, AND OTHER ENVIRONMENTAL PROTECTION PROGRAMS BY IDENTIFYING THOSE ORGANIZATIONS WITH EFFECTIVE PROJECTS AND FINANCIAL NEEDS, SEEKING SOURCES FOR SUPPORT, AND HELPING THEM FUND SPECIFIC PROJECTS.IN THE FURTHERANCE OF EDUCATING SCUBA DIVERS ABOUT HEALTH, TRAVEL AND SAFETY ISSUES WORLDWIDE, THE ORGANIZATION PUBLISHED 10 ONLINE NEWSLETTERS TO SUBSCRIBERS, OPERATED A FREE WEB SITE AND SENT OUT 20,000 EMAILS (15,000 TO THE PUBLIC UPON REQUEST). THE NEWSLETTER IS PUBLISHED MONTHLY FOR 11 MONTHS BEGINNING IN JANUARY. THE PUBLICATION IS THE ONLY AD-FREE SCUBA DIVING MAGAZINE FOR DIVERS. UNDERCURRENT PROVIDES SUBSCRIBERS WITH READER REPORTS, EQUIPMENT REVIEWS, DIVING BOOKS AND GUIDES AND OTHER USEFUL INFORMATION REGARDING HEALTH, TRAVEL AND SAFETY ISSUES SPECIFIC TO SCUBA DIVING WORLDWIDE. THE WEB SITE "UNDERCURRENT.ORG" IS DIVIDED INTO TWO AREAS. PUBLIC, AND MEMBERS. THE PUBLIC AREA PROVIDES A SEASONAL PLANNER, TRAVEL INDEX, EQUIPMENT INDEX, HEALTH AND SAFETY ARTICLES, AND OTHER RELATED INFORMATION, ALL AVAILABLE AT NO CHARGE.GRANTS TO THE TIKKI HYWOOD FOUNDATION IN HARARE, ZIMBABWE, SUPPORT THEIR EXTENDED EFFORT TO PROTECT WILD PANGOLINS, THE MOST POACHED MAMMAL IN THE WORLD, BY RESCUING, REHABILITATING AND RELEASING ANIMALS RETRIEVED FROM ILLEGAL TRADE.GRANTS TO THE SOUTH AFRICAN CARE FOR WILD RHINO SANCTUARY AIDS THEIR PROGRAM TO PROTECT 50 WILD RHINOS. THEY ARE DEVELOPING THE EXISTING REHABILITATION CENTER INTO A SECURE STRONGHOLD TO ACCOMMODATE 100 BLACK AND WHITE RHINOS AS A VIABLE AND SECURE BREEDING POPULATION. GRANTS TO THE NATURAL RESOURCE CONSERVATION NETWORK (UGANDA) HELP THEM IMPLEMENT THEIR PARTNERSHIP WITH THE UGANDA WILDLIFE AUTHORITY IN WILDLIFE CRIME LAW ENFORCEMENT. NRCN PROSECUTORS ARE LICENSED TO PRACTICE AS ADVOCATES IN BOTH THE SUPREME COURT OF UGANDA AND SUBORDINATE JUDICIARIES TO PRIVATELY PROSECUTE WILDLIFE CRIMINAL CASES. GRANTS TO THE NATURAL RESOURCE CONSERVATION NETWORK (NRCN) COMBAT WILDLIFE TRAFFICKING IN UGANDA BY INCREASING THE INVESTIGATIVE CAPACITY OF WILDLIFE LAW ENFORCEMENT, AND IN THE LONG RUN, DETER POTENTIAL POACHERS AND TRAFFICKERS. NRCN HAS UNCOVERED COMPLICITY AMONG SEVERAL ERRANT OFFICERS IN THE UGANDA WILDLIFE AUTHORITY, UGANDA PEOPLES DEFENSE FORCE, AND THE UGANDAN POLICE. GRANTS TO THE NAMIBIA NATURE FOUNDATION FUND AND THE ROOIKAT TRUST FOR THEIR CROSS-BORDER AND NATIONAL COUNTER WILDLIFE CRIME SUPPORT PROGRAM, SUPPORT THE PROTECTION OF WILD ANIMALS IN SEVERAL AFRICAN NATIONS, INCLUDING TANZANIA, MALAWI, ZIMBABWE, AND ZAMBIA. GRANT TO THE FRANKFURT ZOOLOGICAL SOCIETY SUPPORTS THE PURCHASE OF A CESSNA AIRPLANE FOR WILDLIFE SURVEILLANCE IN THE GONAREZHOU NATIONAL PARK IN ZIMBABWE.GRANT TO THE LILONGWE WILDLIFE TRUST IN MALAWI SUPPORTS INVESTIGATIONS INTO THE ILLICIT POACHING AND SMUGGLING TRADES.


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Board, Officers & Key Employees

Name (title)Compensation
Kenneth Smith
President
$24,000
Neil Ostergaard
Treasurer
$0
Michael H Smith
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$8,203,856
Noncash contributions included in lines 1a–1f $4,218,388
Total Revenue from Contributions, Gifts, Grants & Similar$8,203,856
Total Program Service Revenue$127,961
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $8,348,585

Grants Recieved

Over the last fiscal year, we have identified 20 grants that Undercurrent Inc has recieved totaling $8,715,227.

Awarding OrganizationAmount
Wildcat Foundation

Fort Worth, TX

PURPOSE: TO SUPPORT THE WILDLIFE ANTI-TRAFFICKING ACTIVITIES OF THE LILONGWE WILDLIFE TRUST IN MALAWI.

$1,820,000
Wildcat Foundation

Fort Worth, TX

PURPOSE: TO SUPPORT THE ANTI-POACHING AND ANTI-TRAFFICKING ACTIVITIES DESCRIBED IN TIKKI HYWOOD TRUST'S PROPOSAL ENTITLED "A MULTIFACETED APPROACH TO REDUCING WILDLIFE CRIME IN ZIMBABWE".

$1,080,000
Wildcat Foundation

Fort Worth, TX

PURPOSE: TO ASSIST THE ROOIKAT WILDLIFE ANTI-TRAFFICKING PROJECT IN NAMIBIA.

$800,000
Wildcat Foundation

Fort Worth, TX

PURPOSE: (1) DESCRIPTION: 9,280 SHARES OF COSTAR GROUP, INC. SECURITIES (2) BOOK VALUE: $765,884 (3) METHOD USED TO DETERMINE BOOK VALUE: AVERAGE OF THE HIGH/LOW ON THE DATE THE SECURITIES WERE RECEIVED BY THE FOUNDATION. (4) METHOD USED TO DETERMINE FAIR MARKET VALUE: AVERAGE OF THE HIGH/LOW ON THE DATE THE SECURITIES WERE DONATED. (5) DATE OF THE GIFT: 11/19/2021 (6) PURPOSE: TO ASSIST THE WILDLIFE CRIME PREVENTION PROJECT IN ZAMBIA.

$759,290
Wildcat Foundation

Fort Worth, TX

PURPOSE: (1) DESCRIPTION: 910 SHARES OF COSTAR GROUP, INC. SECURITIES (2) BOOK VALUE: $763,630 (3) METHOD USED TO DETERMINE BOOK VALUE: AVERAGE OF THE HIGH/LOW ON THE DATE THE SECURITIES WERE RECEIVED BY THE FOUNDATION. (4) METHOD USED TO DETERMINE FAIR MARKET VALUE: AVERAGE OF THE HIGH/LOW ON THE DATE THE SECURITIES WERE DONATED. (5) DATE OF THE GIFT: 05/13/2021 (6) PURPOSE: TO ASSIST THE WILDLIFE CRIME PREVENTION PROJECT IN ZAMBIA.

$742,214
Wildcat Foundation

Fort Worth, TX

PURPOSE: (1) DESCRIPTION: 555 SHARES OF COSTAR GROUP, INC. SECURITIES (2) BOOK VALUE: $509,038 (3) METHOD USED TO DETERMINE BOOK VALUE: AVERAGE OF THE HIGH/LOW ON THE DATE THE SECURITIES WERE RECEIVED BY THE FOUNDATION. (4) METHOD USED TO DETERMINE FAIR MARKET VALUE: AVERAGE OF THE HIGH/LOW ON THE DATE THE SECURITIES WERE DONATED. (5) DATE OF THE GIFT: 02/18/2021 (6) PURPOSE: TO ASSIST THE NATURAL RESOURCE CONSERVATION NETWORK IN UGANDA.

$506,956
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