SHARK ANGELS INC FORMERLY PATH (EIN 421603535) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2003

Principal Officer

JAMIE POLLACK

Phone

9179525048

Tax Period

2024-01-01 to 2024-12-31

SHARK ANGELS INC FORMERLY PATH, founded in 2003, is a small nonprofit in the Animal-Related sector that reported $172K in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year.

Mission

EDUCATION AND PUBLIC AWARENESS OF SHARKS AND THE OCEANS

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $51,050

Program Service Revenue $0

Investment Income $0

Other Revenue $120,627

TOTAL REVENUE $171,677

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $80,607

Program Expenses $12,250

Other Expenses $179,138

TOTAL EXPENSES $179,138

Year-over-Year Comparison

	2024	2023	Change
Revenue	$171,677	$195,875	-0.1%
Expenses	$179,138	$164,640	+0.1%
Net Income	$-7,461	$31,235	-1.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMIE POLLACK	Executive Dir.	35.00	Director	$0	$0	$0
LIZ PARKINSON	Trustee	15.00	Director	$0	$0	$0
STEPHEN JENKINS	Trustee	5.00	Director	$0	$0	$0
SHARI IACONE	Trustee	5.00	Director	$0	$0	$0
JULIE ANDERSON	Trustee	5.00	Director	$0	$0	$0
TROY DAYTON	Trustee	5.00	Director	$0	$0	$0
HENRY LOUIS	Trustee	5.00	Director	$0	$0	$0
MARC BAUMAN	Trustee	5.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$171,677	$179,138	$186,363	$-7,461
2023	$195,875	$164,640	$190,442	$31,235
2022	$165,256	$141,456	$147,071	$23,800

SHARK ANGELS INC FORMERLY PATH