Area 51 Sanctuary Inc
- Assets
- $899.5k
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 0
- Location
- Schaumburg, IL
- Founding
- 06/2019
- Data as of
- 12/2023
- EIN
- 83-2079650
Organization Overview
Area 51 Sanctuary Inc is located in Schaumburg, IL. The organization was established in 2019. According to its NTEE Classification (D34) the organization is classified as: Wildlife Sanctuaries, 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. Area 51 Sanctuary 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, Area 51 Sanctuary Inc generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 65.1% each year . All expenses for the organization totaled $1.2m during the year ending 12/2023. While expenses have increased by 52.6% per year over the past 6 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
CARE OF ANIMALS THAT HAVE BEEN ABANDONED AND MISPLACED.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,894,539 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $4,487 |
| Total Revenue | $1,899,026 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $7,695 |
| Taxes | $73,374 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $5,549 |
| Printing and publications | $0 |
| Other expenses | $1,082,023 |
| Total operating and administrative expenses | $1,168,641 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $1,168,641 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $27,211 |
| Savings and temporary cash investments | $0 |
| 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 | $870,493 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,802 |
| Total assets | $899,506 |
| 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 | $150,000 |
| Total liabilities | $150,000 |