Three Labs Foundation is located in Carroll, IA. The organization was established in 2014. According to its NTEE Classification (D20) the organization is classified as: Animal Protection & Welfare, under the broad grouping of Animal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Three Labs Foundation 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 12/2023, Three Labs Foundation generated $30.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (16.4%) each year. All expenses for the organization totaled $41.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Three Labs Foundation has awarded 18 individual grants totaling $173,862. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESCUE SERVICES WERE PROVIDED IN THE FORM OF FOOD, MEDICINES, VET SERVICES TO PROVIDE FOR NEEDY ANIMALS. ADVANCEMENTS MADE INCLUDE THE EXPENDITURES SHOWN ON SCHEDULE O FOR RESCUE ANIMALS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Robert W Peters Sec/treas/di | 0 | $0 | |
Joan Peters President/di | 0 | $0 | |
Kim Gravitt Director | 0 | $0 | |
Stephanie Hoff Director | 0 | $0 | |
Valerie Fineran Director | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $27,000 |
Interest on Savings | $0 |
Dividends & Interest | $19,551 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | -$16,414 |
Capital Gain Net Income | $282 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $56 |
Total Revenue | $30,193 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $0 |
Depreciation | $0 |
Occupancy | $7,800 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $9,549 |
Total operating and administrative expenses | $18,084 |
Contributions, gifts, grants paid | $23,448 |
Total expenses and disbursements | $41,532 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $8,588 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $437,541 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Over the last fiscal year, Three Labs Foundation has awarded $23,448 in support to 4 organizations.
Grant Recipient | Amount |
---|---|
ANIMAL RESCUE LEAGUE OF CARROLL PURPOSE: RESEARCH | $10,000 |
JORDAN CREEK ANIMAL HOSPITAL PURPOSE: RESEARCH | $3,032 |
AULTERNATIVES PC PURPOSE: RESEARCH | $9,316 |
UNITY POINTBLANK PURPOSE: CANINE SUPPORT | $1,100 |