SOCIETY FOR THE PRESERVATION OF NEAR-EXTINCT SPECIES Charity Report

Public IRS 990 nonprofit record

SOCIETY FOR THE PRESERVATION OF NEAR-EXTINCT SPECIES

EIN 46-5059570

What they do

The Mission of The Society for The Preservation of Near-Extinct Species (the Organization) is to Provide Scientific Information and Educational Services to The Public In The Areas of Cryobiology and Extending The Healthy Human Lifespan. This is Achieved Through A One-of-a-kind Facility Inside An Underground House. The Organization Purchased The Property - Which Was Built During The Cold-War Era to Withstand A Nuclear Blast - During March 2014. One of The Purposes of The Property is to Exhibit Collections of Documents and Memorabilia In Order to Preserve Its Historic Significance. As A Structure That Was Built to Exist In Perpetuity, The House is Ideal for Storing and Exhibiting Cryo-preserved Biological Specimens (including The DNA of Near-extinct Species), Organs for Transplant, and Other Biological Tissue. The Facility Includes A Display Area, A Library and Other Scientific and Educational Resources.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $75.30 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2020The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders3 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

113.69%of revenue went to mission work75.3% of expenses · Program services

$151.02spent for every $100 of revenueSpending was higher than revenue this year.

37.34%of revenue went to management and office costs24.7% of expenses

61.1%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $75,129 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $30,445 for MARK VOELKER (CHAIRMAN). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2020

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$147,253

Mission workProgram services$167,405113.69% of revenue75.3% of expenses

ManagementOffice and general costs$54,97737.34% of revenue24.7% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$222,382151.02% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2020CurrentExpense mix: 75.3% mission · 24.7% management · 0.0% fundraisingTotal expenses: 151.02% of revenue

2019Expense mix: 71.6% mission · 28.4% management · 0.0% fundraisingTotal expenses: 136.46% of revenue

Money in and money out

Revenue$147,253

Expenses$222,382

Annual shortfall $75,129 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$167,405 · 75.3% of expenses

Management and office costs$54,977 · 24.7% of expenses

See all reported dollar amounts

Revenue$147,253

Expenses$222,382

Contributions$90,000

Mission work (program services)$167,405

Management and general$54,977

People

Leadership and board

Tax year 2020

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

MARK VOELKERCHAIRMAN · 40 hrs/week $30,445

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (3)

MARK VOELKERCHAIRMAN

BEN BESTSECRETARY/TREASURER

WILLIAM FALOONVICE-CHAIRMAN

About this charity

Location: 3600 W Commercial Blvd, Fort Lauderdale, FL 33309
County: Broward
In care of: Jeffrey Moskovitz
Primary officer: Jeffrey Moskovitz, Director of Financial Operations

How to reach them

WebsiteVisit the charity’s website EmailJDBarry@Gmail.comCountry Phone(954) 766-8433

Filing and classification

Latest tax year: 2020
Tax period began: January 1, 2020
Return type: 990