Agape Animal Rescue
Fiscal Year
Fiscal Year Start
01/01/2023
Fiscal Year End
12/31/2023
Projected Revenue
$519,004.25
Projected Expenses
$519,004.25
Organizational Budgets and Other Documents
IRS Letter of Exemption
| Agape Animal Rescue 501c3 Ltr of Determination |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Revenue | $331,043.00 | $434,774.00 | $307,970.00 |
| Total Expenses | $387,035.00 | $327,356.00 | $350,157.00 |
| Revenue Less Expenses | ($55,992.00) | $107,418.00 | ($42,187.00) |
Revenue Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Foundation and Corporation Contributions | $0.00 | $0.00 | $0.00 |
| Government - Federal | $0.00 | $0.00 | $0.00 |
| Government - State | $0.00 | $0.00 | $0.00 |
| Government - Local | $0.00 | $0.00 | $0.00 |
| Government - Unspecified | $0.00 | $53,747.00 | $45,318.00 |
| Contributions, Gifts, and Grants | $182,175.00 | $-90,322.00 | $189,594.00 |
| Indirect Public Support | $0.00 | $0.00 | $0.00 |
| Earned Revenue | $75,674.00 | $48,159.00 | $61,937.00 |
| Investment Income, Net of Losses | $1,031.00 | $14.00 | $15.00 |
| Membership Dues | $0.00 | $0.00 | $0.00 |
| Special Events | $45,391.00 | $95,333.00 | $10,855.00 |
| Revenue In-Kind | $0.00 | $240,458.00 | $0.00 |
| Other | $26,772.00 | $87,385.00 | $251.00 |
Expense Allocation
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Program Expense | $201,711.00 | $169,066.00 | $190,307.00 |
| Administration Expense | $91,361.00 | $61,471.00 | $56,961.00 |
| Fundraising Expense | $93,963.00 | $96,819.00 | $102,889.00 |
| Total Revenue/Total Expenses | 86% | 133% | 88% |
| Program Expense/Total Expenses | 52% | 52% | 54% |
| Fundraising Expense/Contributed Revenue | 24% | 30% | 29% |
Top Funding Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | Contributions, Gifts, and Grants $182,175.00 | Noncash Contributions $240,458.00 | Contributions, Gifts and Grants $189,594.00 |
| Second Highest Funding Source & Dollar Amount | Program Revenue $75,674.00 | Fundraising Events $95,333.00 | Program Revenue $61,937.00 |
| Third Highest Funding Source & Dollar Amount | Fundraising Events $45,391.00 | Other Revenue $87,385.00 | Government Grants $45,318.00 |
Assets and Liabilities
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | $106,770.00 | $171,689.00 | $55,773.00 |
| Current Assets | $105,572.00 | $169,532.00 | $55,773.00 |
| Long-Term Liabilities | $0.00 | $525.00 | $950.00 |
| Current Liabilities | $11,426.00 | $19,828.00 | $10,905.00 |
| Total Net Assets | $95,344.00 | $151,336.00 | $43,918.00 |
Endowment Info
Do you have an endowment?
No
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Do you anticipate a campaign in the next 5 years?
Yes
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
June
Permit Expiration Year
2024
Solicitations Permit
Form 990s
Audit Documents
| Agape Animal Rescue Audited Financials | 2023 |
Foundation Staff Comments
| Financial figures taken from 990. 990 was prepared internally by the nonprofit. Comment provided by Hayley Sulfridge 5/22/23. |
