Agape Animal Rescue
Fiscal Year
Fiscal Year Start
01/01/2024
Fiscal Year End
12/31/2024
Projected Revenue
$319,800.00
Projected Expenses
$320,865.90
Organizational Budgets and Other Documents
IRS Letter of Exemption
| Agape Animal Rescue 501c3 Ltr of Determination |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Revenue | $322,919.00 | $331,043.00 | $434,774.00 |
| Total Expenses | $355,513.00 | $387,035.00 | $327,356.00 |
| Revenue Less Expenses | ($32,594.00) | ($55,992.00) | $107,418.00 |
Revenue Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| 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 | $0.00 | $53,747.00 |
| Contributions, Gifts, and Grants | $132,786.00 | $182,175.00 | $-90,322.00 |
| Indirect Public Support | $0.00 | $0.00 | $0.00 |
| Earned Revenue | $80,752.00 | $75,674.00 | $48,159.00 |
| Investment Income, Net of Losses | $100.00 | $1,031.00 | $14.00 |
| Membership Dues | $0.00 | $0.00 | $0.00 |
| Special Events | $106,946.00 | $45,391.00 | $95,333.00 |
| Revenue In-Kind | $1,846.00 | $0.00 | $240,458.00 |
| Other | $489.00 | $26,772.00 | $87,385.00 |
Expense Allocation
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Program Expense | $203,544.00 | $201,711.00 | $169,066.00 |
| Administration Expense | $92,257.00 | $91,361.00 | $61,471.00 |
| Fundraising Expense | $59,712.00 | $93,963.00 | $96,819.00 |
| Total Revenue/Total Expenses | 91% | 86% | 133% |
| Program Expense/Total Expenses | 57% | 52% | 52% |
| Fundraising Expense/Contributed Revenue | 17% | 24% | 30% |
Top Funding Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | Contributions, Gifts, and Grants $132,786.00 | Contributions, Gifts, and Grants $182,175.00 | Noncash Contributions $240,458.00 |
| Second Highest Funding Source & Dollar Amount | Fundraising Events $106,946.00 | Program Revenue $75,674.00 | Fundraising Events $95,333.00 |
| Third Highest Funding Source & Dollar Amount | Program Revenue $80,752.00 | Fundraising Events $45,391.00 | Other Revenue $87,385.00 |
Assets and Liabilities
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $73,774.00 | $106,770.00 | $171,689.00 |
| Current Assets | $73,534.00 | $105,572.00 | $169,532.00 |
| Long-Term Liabilities | $0.00 | $0.00 | $525.00 |
| Current Liabilities | $11,024.00 | $11,426.00 | $19,828.00 |
| Total Net Assets | $62,750.00 | $95,344.00 | $151,336.00 |
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
2025
Solicitations Permit
Form 990s
Audit Documents
| Agape Animal Rescue Audited Financials | 2022 |
Foundation Staff Comments
| Financial figures taken from 990. 990 was prepared internally by the nonprofit. Comment provided by Hayley Sulfridge 5/13/24. |
