Friends Of Animal Adoptions Inc
- Assets
- $2.4m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 30
- Location
- Hastings, MN
- Founding
- 02/1983
- Data as of
- 12/2022
- EIN
- 41-1311053
Organization Overview
Friends Of Animal Adoptions Inc, operating under the name Animal Ark, is located in Hastings, MN. The organization was established in 1983. 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 12/2022, Animal Ark employed 30 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Animal Ark 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 12/2022, Animal Ark generated $1.7m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 12.5% each year . All expenses for the organization totaled $680.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PREVENT CRUELTY TO ANIMALS, PROVIDE TEMPORARY SHELTER, EMERGENCY CARE, AND EDUCATION THAT PROMOTES THE HEALTH, SAFETY, AND WELFARE OF ANIMALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANIMAL CARE AND ADOPTION - ANNUALLY, THE ORGANIZATION CARES FOR AND FINDS NEW HOMES FOR NEARLY 400 PETS. AS A NO-KILL FACILITY, THE ORGANIZATION WILL NOT END THE LIFE OF AN ANIMAL IN ITS CARE UNLESS THE ANIMAL IS TERMINALLY ILL OR PRESENTS A MATERIAL DANGER TO HUMAN SAFETY THAT CANNOT BE REMEDIATED THROUGH BEHAVIORAL REHABILITATION. EACH PET IS SCREENED FOR POTENTIALLY FATAL ILLNESSES, VACCINATED, DEWORMED, PROVIDED WITH FLEA AND TICK PREVENTION, MICRO-CHIPPED, AND SPAYED OR NEUTERED. ADDITIONALLY, THE ORGANIZATION PROVIDES EACH PET WITH DAILY CARE, INCLUDING FOOD, WATER, TRAINING, SOCIALIZATION, AND MEDICAL CARE AS NEEDED UNTIL A NEW HOME CAN BE FOUND FOR THEM. IT ALSO PARTNERS WITH VARIOUS ANIMAL CONTROL AND IMPOUND CENTERS, AS WELL AS OTHER LOCAL RESCUE ORGANIZATIONS, TO ASSIST IN THE RESCUE AND TRANSFER OF ANIMALS FOR ADOPTION.
OUTREACH AND EDUCATION - THE ORGANIZATION PROVIDES EDUCATION TO THE PUBLIC IN VARIOUS FORMS, INCLUDING DISCUSSING ANIMAL ISSUES AND ADVOCATING FOR PUBLIC POLICIES TO PROTECT ANIMALS. ADDITIONALLY, THE ORGANIZATION PROVIDES PROGRAMS THAT HELP DECREASE THE NUMBER OF ANIMALS ENTERING SHELTERS AND INCREASE ADOPTIONS, INCLUDING SURRENDER COUNSELING, A COMPREHENSIVE ADOPTION PROGRAM, THE STRAY CAT HELP PROGRAM, AND PET FIX CERTIFICATES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lorraine Royal Executive Di | Officer | 40 | $75,900 |
Denyse Madden President | OfficerTrustee | 3 | $0 |
Dr Jerry Smith Board Member | Trustee | 2 | $0 |
Phil Triantafyllou Board Member | Trustee | 2 | $0 |
Dave Tyrrell Vice Preside | OfficerTrustee | 2 | $0 |
Janet Wyman Secretary | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $66,690 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,509,972 |
| Noncash contributions included in lines 1a–1f | $18,491 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,576,662 |
| Total Program Service Revenue | $74,931 |
| Investment income | $31,860 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$7,309 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $943 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,677,087 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $75,900 |
| Compensation of current officers, directors, key employees. | $75,900 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $283,074 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $12,000 |
| Payroll taxes | $33,699 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,718 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,214 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,521 |
| Office expenses | $27,310 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $20,318 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $30,978 |
| Insurance | $17,549 |
| All other expenses | $0 |
| Total functional expenses | $680,012 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $283,160 |
| Savings and temporary cash investments | $269,759 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $8,764 |
| Prepaid expenses and deferred charges | $1,391 |
| Net Land, buildings, and equipment | $401,241 |
| Investments—publicly traded securities | $1,431,663 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,395,978 |
| Accounts payable and accrued expenses | $53,420 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $61,197 |
| Total liabilities | $114,617 |
| Net assets without donor restrictions | $2,281,361 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,395,978 |