American Ferret Association Inc
- Assets
- $173.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Frederick, MD
- Founding
- 08/1992
- Data as of
- 12/2023
- EIN
- 52-1718033
Organization Overview
American Ferret Association Inc is located in Frederick, MD. The organization was established in 1992. According to its NTEE Classification (D60) the organization is classified as: Animal Services N.E.C., 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. American Ferret Association 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, American Ferret Association Inc generated $26.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (8.5%) each year. All expenses for the organization totaled $22.3k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (7.7%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,617 |
| Total Program Service Revenue | $11,962 |
| Membership dues | $3,893 |
| Investment income | $5,001 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $340 |
| Total Revenue | $26,527 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $244 |
| Printing, publications, postage, and shipping | $8,082 |
| Other expenses | $13,811 |
| Total expenses | $22,342 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $173,562 |
| Other assets | $0 |
| Total assets | $173,562 |
| Total liabilities | $8,050 |
| Net assets or fund balances | $165,512 |