Civic Intelligence

Feline Rescue Network Inc.

990 • Fiscal year 2024 • EIN 26-2397025

Apr 01, 2023 to Mar 31, 2024 • Filed on Aug 15, 2024

2129 E BoulderColorado Springs, CO 80909

(719) 351-6779

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

92nd percentile

0.75x

Higher debt load relative to assets than 92% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

97th percentile

1.61x

Higher debt load relative to revenue than 97% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

26th percentile

-11%

Higher net margin than 26% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$6,901

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 6.9% of source-year revenue.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

36th percentile

-6.9%

Faster asset growth than 36% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

34th percentile

-9.6%

Faster revenue growth than 34% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$213,578

Down $27,706 (-11%) from 2022

Net Assets

Down

$53,734

Down $35,954 (-40%) from 2022

Liabilities

Up

$159,844

Up $8,248 (+5.4%) from 2022

Revenue

Down

$99,540

Down $21,977 (-18%) from 2022

Expenses

Down

$110,266

Down $12,633 (-10%) from 2022

Net Income

Down

-$10,726

Down $9,344 (-676%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0Assets 2014: $27,546Liabilities 2014: $0Net Assets 2014: $27,5462014Assets 2015: $77,263Liabilities 2015: $0Net Assets 2015: $77,2632015Assets 2016: $298,819Liabilities 2016: $188,683Net Assets 2016: $110,1362016Assets 2018: $288,514Liabilities 2018: $179,938Net Assets 2018: $108,5762018Assets 2021: $253,306Liabilities 2021: $162,236Net Assets 2021: $91,0702021Assets 2022: $241,284Liabilities 2022: $151,596Net Assets 2022: $89,6882022Assets 2024: $213,578Liabilities 2024: $159,844Net Assets 2024: $53,7342024Assets 2025: $242,565Liabilities 2025: $155,118Net Assets 2025: $87,4472025

Highlighted filing

2024

Assets$213,578
Liabilities$159,844
Net Assets$53,734

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$150K$100K$50K$0-$50KRevenue 2014: $85,634Expenses 2014: $81,214Net Income 2014: $4,4202014Revenue 2015: $146,237Expenses 2015: $96,520Net Income 2015: $49,7172015Revenue 2016: $138,761Expenses 2016: $105,888Net Income 2016: $32,8732016Revenue 2018: $118,609Expenses 2018: $113,670Net Income 2018: $4,9392018Revenue 2021: $85,421Expenses 2021: $100,195Net Income 2021: -$14,7742021Revenue 2022: $121,517Expenses 2022: $122,899Net Income 2022: -$1,3822022Revenue 2024: $99,540Expenses 2024: $110,266Net Income 2024: -$10,7262024Revenue 2025: $116,538Expenses 2025: $82,825Net Income 2025: $33,7132025

Highlighted filing

2024

Revenue$99,540
Expenses$110,266
Net Income-$10,726
Jump To
Filing Snapshot
Filing Period
Apr 1, 2023 to Mar 31, 2024
Signed
Aug 15, 2024
Return Version
2023v5.1
Gross Receipts
$99,540
Mission and Program Overview

Mission

Cat rescue and neuter program this organization exists to care for cats that require longer shelter stays than a traditional shelter can provide, securing adoption when each cat is healthy & emotionally ready. We also provide spay & neuter services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$223,172$212,168▼ $11,004
Rtn Earn Endowment Incm Other Fnds$88,705$53,734▼ $34,971
Loans From Officers Directors$20,062$20,062→ $0
Cash and Non-Interest-Bearing Accounts$6,355$1,410▼ $4,945
Total Assets$229,527$213,578▼ $15,949
Liabilities
Mortgage Notes Payable Secured by Investment Property$120,010$139,782▲ $19,772
Accounts Payable and Accrued Expenses$750--
Total Liabilities$140,822$159,844▲ $19,022
Net Assets / Fund Balance
Total Net Assets Fund Balance$88,705$53,734▼ $34,971
Total Liabilities and Net Assets / Fund Balance$229,527$213,578▼ $15,949

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$161,251$42,437$203,688
Leasehold Improvements$28,629$49,448$78,077
Land$22,000-$22,000
Other Land Buildings$288$4,712$5,000
Compensation and Service Providers

Employees

NameTitleBaseTotal
Megan PhillipsSecretary$6,901$6,901
Jasmine LeclairDirector$2,798$2,798

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$71,440
Program Service Revenue
$28,100
Investment Income
$0
Other Revenue
$0
All Other Contributions
$71,440
Change in Net Assets
$-10,726
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$89,976
Salaries, Compensation, and Employee Benefits$20,290
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$11,004$0$0$11,004
Current Officers, Directors, Trustees, and Key Employees$9,698$0$0$9,698
Occupancy$9,328$0$0$9,328
Other Salaries and Wages$8,835$0$0$8,835
Interest$7,822$0$0$7,822
All Other Expenses$7,608$0$0$7,608
Insurance$5,101$0$0$5,101
Advertising$2,193$0$0$2,193
Payroll Taxes$1,757$0$0$1,757
Fees for Services Accounting$930$0$0$930
Office Expenses$754$0$0$754
Other Expenses$205$0$0$205
Total Functional Expenses$110,266$0$0$110,266
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$20,062$20,062→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Feline Rescue Network
EIN
26-2397025
Phone
7193516779
Address
2129 E BOULDER, COLORADO SPRINGS, CO 80909
Doing Business As
Lookwhatthecatbroughtinorg

Signing Officer

Name
Jennifer Nosler
Title
President
Phone
7193516779
Signed
2024-08-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jennifer Nosler
Formed
2008
Legal Domicile
Co
Voting Board Members
8
Independent Board Members
8
Employees
8
Volunteers
35

Preparer

Firm
Nelson & Company PC
Address
116 South 8th Street, Colorado Springs, CO 80905
Preparer
Allison M Winkler
Phone
7194440222
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

Draft form of 990 was e-mailed to each director before mailing with a request for comment

Pt VI, Line 19

Financial documents are posted on our donation link at community first url http://givingfirst.org/lookwhatthecatbroughtin/overview

Pt XI

Prior period adjustment due to understatement of interest expense in prior years

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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0353
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt019935
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt028675
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt018674
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt095737
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0596848
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt099540
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0110129
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0121517
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt085421
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0180241
IRS990ScheduleA/Total509Grp/TotalAmt0596848
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0596848
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0161251
IRS990ScheduleD/BuildingsGrp/DepreciationAmt042437
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0203688
IRS990ScheduleD/LandGrp/BookValueAmt022000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt022000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt028629
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt049448
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt078077
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0288
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt04712
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt05000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0212168
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt020062
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0GENERAL
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt020062
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0J J 1 INC
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0AFFILIATED CORP
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/TotalBalanceDueAmt020062
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DRAFT FORM OF 990 WAS E-MAILED TO EACH DIRECTOR BEFORE MAILING WITH A REQUEST FOR COMMENT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FINANCIAL DOCUMENTS ARE POSTED ON OUR DONATION LINK AT COMMUNITY FIRST URL HTTP://GIVINGFIRST.ORG/LOOKWHATTHECATBROUGHTIN/OVERVIEW
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PRIOR PERIOD ADJUSTMENT DUE TO UNDERSTATEMENT OF INTEREST EXPENSE IN PRIOR YEARS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt XI
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0229527
IRS990/TotalAssetsEOYAmt0213578
IRS990/TotalAssetsGrp/BOYAmt0229527
IRS990/TotalAssetsGrp/EOYAmt0213578
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt071440
IRS990/TotalEmployeeCnt08
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0110266
IRS990/TotalFunctionalExpensesGrp/TotalAmt0110266
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0140822
IRS990/TotalLiabilitiesEOYAmt0159844
IRS990/TotalLiabilitiesGrp/BOYAmt0140822
IRS990/TotalLiabilitiesGrp/EOYAmt0159844
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt088705
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt053734
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0110266
IRS990/TotalProgramServiceRevenueAmt028100
IRS990/TotalReportableCompFromOrgAmt09699
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt028100
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt099540
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt035
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0229527
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0213578
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0P O BOX 393
IRS990/USAddress/CityNm0GREEN MOUNTAIN FALLS
IRS990/USAddress/StateAbbreviationCd0CO
IRS990/USAddress/ZIPCd080819
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02024-08-08 14:25:15Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JENNIFER NOSLER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT

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