Micronesian Shark Foundation
- Assets
- $97.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Founding
- 07/2007
- Data as of
- 12/2021
- EIN
- 66-0671488
Organization Overview
Micronesian Shark Foundation is located in null. The organization was established in 2007. According to its NTEE Classification (D31) the organization is classified as: Protection of Endangered Species, under the broad grouping of Animal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Micronesian Shark Foundation 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 12/2021, Micronesian Shark Foundation generated $3.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (25.6%) each year. All expenses for the organization totaled $22.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
RESEARCH OF SHARKS AND SHARK PROTECTION IN PALAU
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tova Harel Bornovski President | 5 | $0 | |
Kenneth Johnny Member | 5 | $0 | |
Navot Bornovski Member | 5 | $0 | |
Yarden Bornovski Member | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,440 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $3,441 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $3,745 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $18,652 |
| Total expenses | $22,397 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $57,057 |
| Other assets | $0 |
| Total assets | $97,057 |
| Total liabilities | $109,481 |
| Net assets or fund balances | -$12,424 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Freeland Foundation | $419,396 | $1,607,248 |
Strasal Stiftung | $19,137,934 | $563,710 |
Jerusalem Society For The Prevention Of Cruelty To Animals | $165,167 | $1,446,712 |
European Breeders Fund | $0 | $397,905 |
Zoocheck Canada Incorporated | $489,360 | $0 |
Protected Areas Trust | $11,390,150 | $966,518 |