Ferret Dreams Rescue & Adoption
- Assets
- $110.2k
- Revenue
- $149.0k
- Investments
- $0.0
- Employees
- 3
- Location
- Denver, CO
- Founding
- 07/2009
- Data as of
- 12/2023
- EIN
- 61-1555041
Organization Overview
Ferret Dreams Rescue & Adoption, operating under the name Ferret Dreams Rescue And Adoption, is located in Denver, CO. The organization was established in 2009. 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 12/2023, Ferret Dreams Rescue And Adoption employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ferret Dreams Rescue And Adoption 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, Ferret Dreams Rescue And Adoption generated $149.0k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 11.1% each year . All expenses for the organization totaled $317.3k during the year ending 12/2023. 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
ANIMAL SHELTER PROVIDING MEDICAL CARE AND HOMES TO NEEDY FERRETS
Describe the Organization's Program Activity:
Part 3 - Line 4a
VETERINARY MEDICAL EXPENSES FAID OUT TOTALLING $154217 FOR ANIMALS UNDER FDRA CARE INCLUDING MEDICATIONS, ASSIST FEEDING FOODS, VETERINARY VISITS AND MEDICAL PROCEDURES
ADDITIONAL EXPENSES INCURRED BY ANIMALS COVERED BY A MEDICAL ADDENDUM UPON THEIR ADOPTION. GRANTS PAID OUT TO COVER THE MEDICAL COSTS OF NEEDY ANIMALS (PENDING APPROVAL AND REQUIREMENTS MET) NOT DIRECTLY UNDER FDRA CARE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Drew Lee Wise Director President | OfficerTrustee | 56 | $0 |
Katie Brown Co Director, Vice President | OfficerTrustee | 50 | $0 |
Matthew Jaramillo Board Member | Trustee | 30 | $0 |
Destiny Rubio Board Member | Trustee | 4 | $0 |
Christina Armstrong Board Member | Trustee | 4 | $0 |
Miguel Ochoa Board Member | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $9,636 |
| Membership dues | $1,540 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $60,000 |
| Noncash contributions included in lines 1a–1f | $76,076 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $71,176 |
| Total Program Service Revenue | $36,004 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $26,685 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $15,112 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $148,977 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $4,454 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $45,801 |
| Compensation of current officers, directors, key employees. | $45,801 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $11,035 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $15,112 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $1,647 |
| Total functional expenses | $317,297 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $100 |
| Savings and temporary cash investments | $101,881 |
| 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 | $8,249 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $110,230 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $110,230 |