True & Faithful Pet Rescue Mission Inc
- Assets
- $270.9k
- Revenue
- $852.6k
- Investments
- $0.0
- Employees
- 1
- Location
- Venice, FL
- Founding
- 09/2014
- Data as of
- 12/2023
- EIN
- 47-1681488
Organization Overview
True & Faithful Pet Rescue Mission Inc is located in Venice, FL. 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. True & Faithful Pet Rescue Mission 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 12/2023, True & Faithful Pet Rescue Mission Inc generated $852.6k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 21.1% each year . All expenses for the organization totaled $805.0k during the year ending 12/2023. While expenses have increased by 24.6% per year over the past 9 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S PRIMARY MISSION IS TO RESCUE STRAY ANIMALS AND ABANDONED SENIOR AND HANDICAPPED ANIMALS. THESE ANIMALS ARE OFTEN CONSIDERED LESS DESIRABLE ADOPTION CHOICES, AND THUS ARE FREQUENT VICTIMS OF EUTHENASIA IN ORDER TO RELIEVE PET SHELTER OVERCROWDING. OUR GOAL IS TO CLAIM THESE ANIMALS PRIOR TO THEIR SCHEDULED DEMISE, AND TO CARE FOR THEM INDEFINITELY, ULTIMATELY PLACING EACH ANIMAL IN A LOVING HOME. CONTRIBUTIONS WILL BE USED TO COVER THE COST OF FOOD FOR RESCUED ANIMALS, TO PAY FOR SHELTER SPACE, PURCHASE NEEDED SUPPLIES FOR THE HUMANE CARE OF ANIMALS, AND TO PAY VETERINARIANS AND PET CAREGIVERS FOR THE MEDICAL CARE AND GROOMING OF ANIMALS UNDER OUR PROTECTION. ADDITIONALLY, CONTRIBUTED DOLLARS WILL FUND PROGRAMS TO EDUCATE THE PUBLIC ON THE BENEFITS OF ADOPTING SENIOR AND HANDICAPPED ANIMALS, PROMOTE OUR MISSION, AND ADVERTISE TO FIND LOVING HOMES FOR ANIMALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO COVER THE COST OF ANIMAL RESCUES, FOOD, HOUSING, SUPPLIES, AND VETERINARIAN CARE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Letson President | Officer | 50 | $30,000 |
Chris King Vice President | Officer | 20 | $0 |
Tammy Greisiger Chief Financial Officer | Officer | 15 | $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 | $679,160 |
| Noncash contributions included in lines 1a–1f | $241,779 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $679,160 |
| Total Program Service Revenue | $0 |
| Investment income | $9 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $24,692 |
| Net Income from Fundraising Events | $148,751 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $852,612 |
| 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. | $30,000 |
| Compensation of current officers, directors, key employees. | $30,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,295 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,325 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,188 |
| Office expenses | $7,016 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $11,002 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $8,652 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $74,023 |
| Insurance | $0 |
| All other expenses | $108,846 |
| Total functional expenses | $804,966 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $121,142 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $149,708 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $270,850 |
| Accounts payable and accrued expenses | $0 |
| 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 | $123,046 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $123,046 |
| Net assets without donor restrictions | $147,804 |
| 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 | $270,850 |