Homeless Animal Rescue Team Of Maine Inc

Organization Overview

Homeless Animal Rescue Team Of Maine Inc is located in Cumberland Center, ME. The organization was established in 2001. According to its NTEE Classification (D20) the organization is classified as: Animal Protection & Welfare, under the broad grouping of Animal-Related and related organizations. As of 12/2021, Homeless Animal Rescue Team Of Maine Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Homeless Animal Rescue Team Of Maine Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Homeless Animal Rescue Team Of Maine Inc generated $538.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $603.6k during the year ending 12/2021. While expenses have increased by 9.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

RESCUE HOMELESS CATS

Describe the Organization's Program Activity:

Part 3 - Line 4a

ADOPTIONS: TO RESCUE HOMELESS CATS, GIVE THEM ANY NECESSARY MEDICAL TREATMENTS AND FIND THEM HOMES.


DONATIONS AND RELATED INCOME RECEIVED FROM MAINE COMMUNITY FOUNDATION (PEACEFUL KINGDOM / SUSTAINABILITY FUND) FOR THE PURPOSE OF ESTABLISHING AN ENDOWMENT (PERMANENTLY RESTRICTED) FROM WHICH FUTURE EARNINGS WILL FUND A FULL-TIME EMPLOYEE FOR THE ORGANIZATION.


BEYOND THE WALLS - PROVIDES FINANCIAL ASSISTANCE TO LOW-INCOME FAMILIES SEEKING VETERINARY CARE FOR THEIR PET CATS.


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Board, Officers & Key Employees

Name (title)Compensation
Sarah Mcnamara
President
$0
Joann Wallace
Treasurer
$0
Caryn Prudente
Secretary
$0
Felicia Grant
Vice-President
$0
Tory Mclain
Director
$0
Lisa Gamage
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$340,607
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$340,607
Total Program Service Revenue$90,130
Investment income $20,357
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $43,751
Net Income from Fundraising Events $36,914
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $6,287
Miscellaneous Revenue$0
Total Revenue $538,046

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Homeless Animal Rescue Team Of Maine Inc has recieved totaling $10,603.

Awarding OrganizationAmount
Paypal Charitable Giving Fund

Washington, DC

PURPOSE: General Support

$6,621
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$2,842
Merrimac Charitable Tr Ii

Boston, MA

PURPOSE: PROGRAM SUPPORT

$750
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: OPERATIONAL SUPPORT

$250
The Duke Energy Foundation

Charlotte, NC

PURPOSE: MATCHING GIFTS

$140
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$139,632
Earnings$14,102
Admin Expense$2,040
Other Expense$76,935
Ending Balance$74,759

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