Petconnect Rescue Inc
- Assets
- $1.7m
- Revenue
- $733.5k
- Investments
- $0.0
- Employees
- 3
- Location
- Potomac, MD
- Founding
- 06/2005
- Data as of
- 09/2023
- EIN
- 55-0857806
Organization Overview
Petconnect Rescue Inc is located in Potomac, MD. The organization was established in 2005. 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 09/2023, Petconnect Rescue Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Petconnect Rescue 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 09/2023, Petconnect Rescue Inc generated $733.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $871.0k during the year ending 09/2023. While expenses have increased by 8.1% per year over the past 8 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
PETCONNECT RESCUE IS AN ANIMAL WELFARE ORGANIZATION DEDICATED TO SAVING DOGS AND CATS AT HIGH RISK OF EUTHANASIA. OUR COMPASSIONATE VOLUNTEERS AND STAFF FIND LOVING HOMES FOR ALL THE ANIMALS THAT COME INTO OUR CARE AND PROVIDE ONGOING SUPPORT THROUGHOUT THE ADOPTION PROCESS AND BEYOND. WE ARE COMMITTED TO ENSURING A HIGHLY POSITIVE RESCUE EXPERIENCE FOR OUR ADOPTERS AND TO RAISING AWARENESS OF THE PLIGHT OF ABANDONED ANIMALS THROUGH COMMUNITY EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADOPTION PROGRAM: FROM 10/1/22 THROUGH 9/30/23 PETCONNECT RESCUE ADOPTED OUT 522 CATS AND 613 DOGS. TO THIS END, VOLUNTEERS PROVIDED TRANSPORTATION FROM SHELTERS TO FOSTER HOMES OR BOARDING FACILITIES AS WELL AS TO MEDICAL APPOINTMENTS. PETCONNECT RESCUE PARTNERS WITH LOCAL VETERINARY FACILITIES TO PROVIDE MEDICAL ATTENTION INCLUDING SPAY/NEUTER, VACCINES, GENERAL VETTING AND MORE EXTENSIVE CARE, SUCH AS SURGERIES, IF NECESSARY. BOTH GROOMING AND BEHAVIORAL EVALUATIONS AND INTERVENTION SERVICES WERE RENDERED AS NEEDED. PETCONNECT RESCUE HOSTED ADOPTION EVENTS TO SHOWCASE THE ANIMALS, POSTED THEM ON THE VARIOUS WEBSITES, CONDUCTED INTERVIEWS WITH POTENTIAL ADOPTIVE FAMILIES, COMPLETED HOME CHECKS, AND FOLLOWED UP WITH OWNERS OF ADOPTED ANIMALS TO ENSURE THAT THE PLACEMENT WAS SUCCESSFUL. IN THE EVENT THAT THE ADOPTION DID NOT WORK OUT, PETCONNECT RESCUE REPEATED THE PLACEMENT PROCESS TO FIND A SUCCESSFUL MATCH.
SPAY 1K PROGRAM: FROM 10/1/22 THROUGH 9/30/23 PETCONNECT RESCUE AWARDED GRANTS TO SHELTER AND RESCUE PARTNERS TO SPAY/NEUTER PETS WITHIN THEIR COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carrie Frey President | OfficerTrustee | 1 | $0 |
Katherine Berger Vice President | OfficerTrustee | 1 | $0 |
Athena Reizakis Treasurer | OfficerTrustee | 25 | $0 |
Cricket Macdonald Secretary | OfficerTrustee | 1 | $0 |
Lizette Chancock Member | Trustee | 0 | $0 |
Elizabeth Purcell Member | Trustee | 0 | $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 | $434,718 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $434,718 |
| Total Program Service Revenue | $268,997 |
| Investment income | $24,443 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $733,501 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $131,389 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $6,375 |
| Payroll taxes | $6,099 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $105 |
| Fees for services: Accounting | $30,406 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $56,848 |
| Office expenses | $31,842 |
| Information technology | $628 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $3,714 |
| Insurance | $2,430 |
| All other expenses | $3,061 |
| Total functional expenses | $871,018 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $49,827 |
| Savings and temporary cash investments | $1,245,186 |
| 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 | $3,200 |
| Net Land, buildings, and equipment | $6,499 |
| Investments—publicly traded securities | $413,409 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,718,121 |
| Accounts payable and accrued expenses | $29,615 |
| 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 | $27,450 |
| Total liabilities | $57,065 |
| Net assets without donor restrictions | $1,547,525 |
| Net assets with donor restrictions | $113,531 |
| 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 | $1,718,121 |