Corrales Friends Of Animals Foundation
- Assets
- $10.4m
- Revenue
- $210.2k
- Investments
- $9.5m
- Employees
- 0
- Location
- Corrales, NM
- Founding
- 06/2016
- Data as of
- 12/2023
- EIN
- 47-4300822
Organization Overview
Corrales Friends Of Animals Foundation is located in Corrales, NM. The organization was established in 2016. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Corrales Friends Of Animals 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, Corrales Friends Of Animals Foundation generated $210.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (25.7%) each year. All expenses for the organization totaled $661.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Corrales Friends Of Animals Foundation has awarded 50 individual grants totaling $2,462,152. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sayre Gerhart President | 1 | $2,000 | |
Deborah Lutterbeck Vice President | 0.5 | $0 | |
Elisa Lampasi Treasurer | 0.5 | $2,000 | |
Claudia Miller Secretary | 1 | $2,000 | |
Angela Gutierrez Board Member | 1 | $2,000 | |
Jane Cody Board Member | 0.5 | $2,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $47 |
| Dividends & Interest | $293,918 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$83,746 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $210,219 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $14,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,348 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,184 |
| Printing and publications | $0 |
| Other expenses | $580 |
| Total operating and administrative expenses | $82,243 |
| Contributions, gifts, grants paid | $579,535 |
| Total expenses and disbursements | $661,778 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,688 |
| Savings and temporary cash investments | $873,450 |
| 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 | $994,592 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $10,357,490 |
| 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 |
Grants Awarded
Over the last fiscal year, Corrales Friends Of Animals Foundation has awarded $579,535 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
ARGOS A SHELTER DOG RESCUE PURPOSE: EMERGENCY VETERINARY SERVICES, FOOD, AND CARE SERVICES | $14,360 |
BRO AND TRACY ANIMAL WELFARE PURPOSE: SPAY AND NEUTER SERVICES | $64,800 |
HOMELESS ANIMAL RESCUE TEAM PURPOSE: EMERGENCY VETERINARY SERVICES, FOOD, AND CARE SERVICES | $82,000 |
EVERGREEN ANIMAL PROTECTIVE LEAGUE PURPOSE: EMERGENCY VETERINARY SERVICES, FOOD, AND CARE SERVICES | $20,000 |
HUMANE RESCUE ALLIANCE PURPOSE: EMERGENCY VETERINARY SERVICES, FOOD, AND CARE SERVICES | $50,000 |
VILLAGE OF CORRALES ANIMAL SERVICES PURPOSE: EMERGENCY VETERINARY SERVICES, FOOD, AND CARE SERVICES | $242,047 |