SHARK FUND (EIN 550824407) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2003

Legal Domicile

Principal Officer

Karin Al-Hardan

Phone

3104576801

Tax Period

2023-07-01 to 2024-06-30

SHARK FUND, founded in 2003, is a small nonprofit in the Education sector that reported $486K in total revenue in fiscal year 2023. Revenue surged 45% from the prior year, signaling strong growth momentum. The organization ran a surplus of $116K, a strong 24% operating margin.

Mission

The Shark Fund's mission is to make Malibu High School and Malibu Middle School among the finest in the nation.

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Trantor Score

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

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $485,189

Program Service Revenue $0

Investment Income $992

Other Revenue $0

TOTAL REVENUE $486,181

Expense Breakdown

Grants Paid $273,157

Salaries & Benefits $0

Fundraising Expenses $65,460

Program Expenses $274,365

Other Expenses $89,441

TOTAL EXPENSES $370,098

Year-over-Year Comparison

	2023	2022	Change
Revenue	$486,181	$334,663	+0.5%
Expenses	$370,098	$315,734	+0.2%
Net Income	$116,083	$18,929	+5.1%

Key Indicators

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

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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
Karen Mihkels Al-harden	Chairperson	20	Officer Director	$0	$0	$0
Jackie Shyman Holt	Chair of Resource Committee	5	Officer	$0	$0	$0
Doug DeLuca	Resource Committee	5	Officer	$0	$0	$0
Karen Porat	Resource Committee	5	Officer	$0	$0	$0
Kelly Kincaid	Co-Treasurer	5	Officer	$0	$0	$0
Mary Ruth Hughes	Co-Treasurer	5	Officer	$0	$0	$0
Mia Skelton	Financial Secretary	5	Officer	$0	$0	$0
Soniya Perl	Chair of Governance Committee	5	Officer	$0	$0	$0
Samantha Binah	Resource Committee	5	Officer	$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
2025	No data	No data	No data	No data
2024	$486,181	$370,098	$330,670	$116,083
2024	$486,181	$382,448	$318,320	$103,733
2023	$334,663	$315,734	$214,580	$18,929
2022	$292,472	$268,065	$196,159	$24,407
2021	$235,014	$206,457	$171,244	$28,557

SHARK FUND