Shark Shootout Charities Inc
- Assets
- $52.2k
- Revenue
- $34.0
- Investments
- $0.0
- Employees
- 0
- Location
- Tequesta, FL
- Founding
- 12/1997
- Data as of
- 12/2023
- EIN
- 65-0736877
Organization Overview
Shark Shootout Charities Inc is located in Tequesta, FL. The organization was established in 1997. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shark Shootout Charities 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 12/2023, Shark Shootout Charities Inc generated $34.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (65.5%) each year. All expenses for the organization totaled $230.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Shark Shootout Charities Inc has awarded 72 individual grants totaling $4,248,889. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO DISTRIBUTE REVENUE RECEIVED FROM THE PRODUCTION OF GOLF EVENTS TO CHARITABLE ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DISTRIBUTION OF REVENUE RECEIVED FROM THE PRODUCTION OF GOLF EVENTS TO CHARITABLE ORGANIZATIONS.
N/A
N/A
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stuart Grossman Director | Trustee | 1 | $0 |
Joe D Jamos Director | Trustee | 1 | $0 |
Bret Baier Director | Trustee | 1 | $0 |
Gregory J Norman President | Officer | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Wasserman Events Llc Event Coordinator | 12/30/23 | $37,523 |
Tiburon Golf Club Event Coordinator | 12/30/23 | $187,290 |
Murphy Entertainment Company Llc Event Coordinator | 12/30/23 | $60,707 |
Govision Llc Event Coordinator | 12/30/23 | $44,151 |
Slate Service Group Llc Event Coordinator | 12/30/23 | $38,000 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $34 |
| 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 | $34 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $12,500 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,593 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $13,295 |
| Travel | $279 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $8,010 |
| All other expenses | $60,078 |
| Total functional expenses | $230,231 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $48,185 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $4,032 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $52,217 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $52,217 |
| Total liabilities and net assets/fund balances | $52,217 |
Grants Awarded
Over the last fiscal year, Shark Shootout Charities Inc has awarded $991,708 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
CURESEARCH PURPOSE: PROVIDE ASSISTANCE | $325,000 |
FGCU ATHLETICS PURPOSE: PROVIDE ASSISTANCE | $6,000 |
NCH MEDICAL DIPLOMATS COUNCIL PURPOSE: PROVIDE ASSISTANCE | $10,000 |
MARGAUX'S MIRACLE FOUNDATION PURPOSE: PROVIDE ASSISTANCE | $20,000 |
NATIONAL KIDNEY FOUNDATION OF FL PURPOSE: PROVIDE ASSISTANCE | $58,208 |
ST KATHERINE GREEK ORTHODOX CHURCH PURPOSE: PROVIDE ASSISTANCE | $10,000 |