Second Chance Pet Adoptions Inc
- Assets
- $1.7m
- Revenue
- $873.7k
- Investments
- $0.0
- Employees
- 6
- Location
- Raleigh, NC
- Founding
- 08/1992
- Data as of
- 06/2022
- EIN
- 56-1671883
Organization Overview
Second Chance Pet Adoptions Inc, operating under the name 2nd Chance Pet Adoptions Inc, is located in Raleigh, NC. The organization was established in 1992. 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 06/2022, 2nd Chance Pet Adoptions Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 2nd Chance Pet Adoptions 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 06/2022, 2nd Chance Pet Adoptions Inc generated $873.7k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 12.3% each year . All expenses for the organization totaled $813.9k during the year ending 06/2022. While expenses have increased by 15.7% per year over the past 3 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO CHAMPION HOMELESS CATS AND DOGS WHO ARE HEALTHY OR TREATABLE IN THE QUEST TO FIND THEIR FOREVER HOME AND ENGAGE WITH OUR COMMUNITY TO PROVIDE RESPONSIBLE PET OWNERSHIP REDUCING FUTURE GENERATIONS OF HOMELESS ANIMALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SECOND CHANCE PET ADOPTIONS CONTINUES OUR ESSENTIAL MISSION OF SAVING LIVES OF CATS AND DOGS BY PROVIDING THEM WITH SHELTER, MEDICAL CARE, FOOD, SOCIALIZATION AND LOVE. THE ORGANIZATION WELCOMES ALL BREEDS OF CATS AND DOGS, ACCEPTING STRAY OR ABANDONED ANIMALS FOUND BY COMMUNITY MEMBERS OR BY PULLING ANIMALS FROM GOVERNMENT SHELTERS. SECOND CHANCE ACCEPTS HEALTHY ANIMALS AS WELL AS ANIMALS IN NEED OF SPECIAL CARE SUCH AS THOSE REQUIRED BY PREGNANT ANIMALS, NURSING MOMS AND NEWBORN ANIMALS NEEDING BOTTLE FEEDING, ANIMALS NEEDING SPECIALIZED DIETS, AND ANIMALS IN NEED OF SURGERY OR TREATMENTS SUCH AS FOR HEARTWORMS. WE COMMIT TO EACH ANIMAL FOR THEIR ENTIRE LIVES, TAKING THEM BACK INTO OUR PROGRAM IF THE ADOPTIVE PARENTS CAN NO LONGER CARE OF THEM. SECOND CHANCE ALSO WORKS WITH SEVERAL GOVERNMENT RUN SHELTERS TO TAKE THEIR ANIMALS INTO OUR PROGRAM, DECREASING EUTHANASIA RATES BY FREEING SPACE IN THOSE SHELTERS AND BY TAKING ANIMALS WHICH REQUIRE MEDICAL PROCEDURES THAT THESE SHELTERS CAN NOT PROVIDE. SECOND CHANCE ALSO COLLABORATES WITH OTHER RESCUES AND NON-PROFITS TO SAVE DOGS FROM HIGH KILL SHELTERS BY PULLING, QUARANTINING, PROVIDING MEDICAL CARE AND LOVE, AND TRANSFERRING THEM TO OTHER AREAS IN THE COUNTRY FOR ADOPTION. IN ADDITION, SECOND CHANCE SUPPORTS PROGRAMS TO SPAY/NEUTER OWNED AND FERAL ANIMALS TO HELP MANAGE THE POPULATION OF UNWANTED ANIMALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nick Costa Board Member | OfficerTrustee | 2 | $0 |
Shelby Hunt Board Member | Trustee | 2 | $0 |
Liese Zweigart Board Member | Trustee | 2 | $0 |
Gina Abate Board Member | Trustee | 2 | $0 |
Vidya Vudata Board Member | Trustee | 2 | $0 |
David Ballesteros President | Officer | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $19,040 |
| Membership dues | $0 |
| Fundraising events | $55,018 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $637,845 |
| Noncash contributions included in lines 1a–1f | $4,650 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $711,903 |
| Total Program Service Revenue | $119,520 |
| Investment income | $3,350 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $38,892 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $873,665 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $41,066 |
| 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 | $253,454 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $288 |
| Payroll taxes | $20,032 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,994 |
| Advertising and promotion | $0 |
| Office expenses | $23,092 |
| Information technology | $10,011 |
| Royalties | $0 |
| Occupancy | $73,377 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $885 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,152 |
| Insurance | $6,168 |
| All other expenses | $47,407 |
| Total functional expenses | $813,947 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,868 |
| Savings and temporary cash investments | $1,646,696 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $25,031 |
| 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 | $3,106 |
| Net Land, buildings, and equipment | $21,288 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,420 |
| Total assets | $1,712,409 |
| Accounts payable and accrued expenses | $51,987 |
| 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 | $9,225 |
| Other liabilities | $0 |
| Total liabilities | $61,212 |
| Net assets without donor restrictions | $1,299,150 |
| Net assets with donor restrictions | $352,047 |
| 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 | $1,712,409 |
Grants Awarded
Over the last fiscal year, Second Chance Pet Adoptions Inc has awarded $25,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
FRIENDS OF WAKE COUNTY ANIMAL CENTER INC PURPOSE: Spay/Neuter Program | $15,000 |
PAWS FOR LIFE PURPOSE: Spay/Neuter Program | $10,000 |