Civic Intelligence

International Fund for Animal Welfare Inc

EIN 31-1594197 • 501(c)3 • Washington, DC

Profile

IFAW rescues and protects animals around the world.

1400 16th Street NWWashington, DC 20036

www.ifaw.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

54th percentile

0.28x

Higher debt load relative to assets than 54% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2025

Liabilities / Revenue

52nd percentile

0.36x

Higher debt load relative to revenue than 52% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2025

Net Margin

60th percentile

8.5%

Higher net margin than 60% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2025

Top Officer Pay

69th percentile

$514,170

Higher top officer pay than 69% of similar nonprofits.

Top officer pay equals 1.2% of source-year revenue.

501(c)3 • $50M-$100M nonprofits • Source year 2025

Asset Growth

54th percentile

6.8%

Faster asset growth than 54% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2024 to 2025

Revenue Growth

73rd percentile

22%

Faster revenue growth than 73% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2024 to 2025

Assets

Up

$56,693,482

Up $3,602,702 (+6.8%) from 2024

Liabilities

Down

$16,048,281

Down $1,068,616 (-6.2%) from 2024

Net Assets

Up

$40,645,201

Up $4,671,318 (+13%) from 2024

Revenue

Up

$44,498,195

Up $8,008,705 (+22%) from 2024

Expenses

Up

$40,694,460

Up $2,569,574 (+6.7%) from 2024

Net Income

Up

$3,803,735

Up $5,439,131 (+333%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$80M$60M$40M$20M$0Assets 2010: $51,884,905Liabilities 2010: $19,062,010Net Assets 2010: $32,822,8952010Assets 2011: $54,578,558Liabilities 2011: $18,036,547Net Assets 2011: $36,542,0112011Assets 2012: $56,439,414Liabilities 2012: $19,219,851Net Assets 2012: $37,219,5632012Assets 2013: $56,144,843Liabilities 2013: $18,505,331Net Assets 2013: $37,639,5122013Assets 2014: $58,461,731Liabilities 2014: $18,107,050Net Assets 2014: $40,354,6812014Assets 2015: $58,156,356Liabilities 2015: $17,173,880Net Assets 2015: $40,982,4762015Assets 2016: $55,960,877Liabilities 2016: $17,527,619Net Assets 2016: $38,433,2582016Assets 2017: $56,422,966Liabilities 2017: $16,193,006Net Assets 2017: $40,229,9602017Assets 2018: $60,573,921Liabilities 2018: $17,319,942Net Assets 2018: $43,253,9792018Assets 2019: $60,311,381Liabilities 2019: $18,025,146Net Assets 2019: $42,286,2352019Assets 2020: $61,955,822Liabilities 2020: $21,423,777Net Assets 2020: $40,532,0452020Assets 2021: $62,762,286Liabilities 2021: $19,819,774Net Assets 2021: $42,942,5122021Assets 2022: $59,481,028Liabilities 2022: $16,357,948Net Assets 2022: $43,123,0802022Assets 2023: $55,037,953Liabilities 2023: $18,910,367Net Assets 2023: $36,127,5862023Assets 2024: $53,090,780Liabilities 2024: $17,116,897Net Assets 2024: $35,973,8832024Assets 2025: $56,693,482Liabilities 2025: $16,048,281Net Assets 2025: $40,645,2012025

Highlighted filing

2025

Assets$56,693,482
Liabilities$16,048,281
Net Assets$40,645,201

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$60M$40M$20M$0-$20MExpenses 2010: $17,924,8742010Expenses 2011: $17,921,5742011Expenses 2012: $18,942,1392012Expenses 2013: $19,762,2702013Revenue 2014: $20,361,853Expenses 2014: $20,114,298Net Income 2014: $247,5552014Revenue 2015: $19,962,995Expenses 2015: $19,476,714Net Income 2015: $486,2812015Revenue 2016: $19,987,205Expenses 2016: $21,613,209Net Income 2016: -$1,626,0042016Revenue 2017: $22,398,295Expenses 2017: $23,001,672Net Income 2017: -$603,3772017Revenue 2018: $26,755,749Expenses 2018: $24,415,684Net Income 2018: $2,340,0652018Revenue 2019: $28,963,895Expenses 2019: $31,115,280Net Income 2019: -$2,151,3852019Revenue 2020: $31,281,740Expenses 2020: $33,671,723Net Income 2020: -$2,389,9832020Revenue 2021: $29,873,071Expenses 2021: $32,442,619Net Income 2021: -$2,569,5482021Revenue 2022: $48,021,492Expenses 2022: $40,908,127Net Income 2022: $7,113,3652022Revenue 2023: $35,221,602Expenses 2023: $44,866,530Net Income 2023: -$9,644,9282023Revenue 2024: $36,489,490Expenses 2024: $38,124,886Net Income 2024: -$1,635,3962024Revenue 2025: $44,498,195Expenses 2025: $40,694,460Net Income 2025: $3,803,7352025

Highlighted filing

2025

Revenue$44,498,195
Expenses$40,694,460
Net Income$3,803,735

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$56.7$16.0$40.6$44.5$40.7$3.80
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$53.1$17.1$36.0$36.5$38.1$1.64
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$55.0$18.9$36.1$35.2$44.9$9.64
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$59.5$16.4$43.1$48.0$40.9$7.11
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$62.8$19.8$42.9$29.9$32.4$2.57
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$62.0$21.4$40.5$31.3$33.7$2.39
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$60.3$18.0$42.3$29.0$31.1$2.15
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$60.6$17.3$43.3$26.8$24.4$2.34
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$56.4$16.2$40.2$22.4$23.0$0.60
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$56.0$17.5$38.4$20.0$21.6$1.63
2015Detailed filing. Detailed filing data is available for this year.$58.2$17.2$41.0$20.0$19.5$0.49
2014Detailed filing. Detailed filing data is available for this year.$58.5$18.1$40.4$20.4$20.1$0.25
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$56.1$18.5$37.6$19.8
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$56.4$19.2$37.2$18.9
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$54.6$18.0$36.5$17.9
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$51.9$19.1$32.8$17.9
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Mar 4, 2026
Return Version
2024v5.1
Gross Receipts
$65,572,196
Mission and Program Overview

Mission

IFAWs strategy focuses on improving the welfare of individual animals and the conservation status of wildlife populations in priority habitats through on-the-ground efforts community engagement and global advocacy. Our dual emphasis on rescue and conservation promotes animal welfare species population stability and secure habitats. To sustain the welfare of species and the places they call home our work must be comprehensive. Across IFAWs Program portfolio we are pursuing our rescue and conservation goals.

Fresh thinking and bold action for animals people and the places we call home

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$21,057,396$23,003,512▲ $1,946,116
Land, Buildings, and Equipment, Net$14,347,689$13,215,348▼ $1,132,341
Savings and Temporary Cash Investments$9,164,717$8,559,924▼ $604,793
Pledges and Grants Receivable$1,340,164$3,766,019▲ $2,425,855
Cash and Non-Interest-Bearing Accounts$1,228,132$3,573,393▲ $2,345,261
Prepaid Expenses and Deferred Charges$3,209,861$2,489,945▼ $719,916
Accounts Receivable$881,582$484,824▼ $396,758
Intangible Assets$6,512$0▼ $6,512
Inventories for Sale or Use$743$0▼ $743
Investments Other Securities$2$0▼ $2
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$53,090,780$56,693,482▲ $3,602,702
Other Assets Total$1,853,982$1,600,517▼ $253,465
Liabilities
Mortgage Notes Payable Secured by Investment Property$7,809,166$7,324,166▼ $485,000
Accounts Payable and Accrued Expenses$7,431,335$6,962,522▼ $468,813
Other Liabilities$1,876,396$1,761,593▼ $114,803
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$17,116,897$16,048,281▼ $1,068,616
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$32,131,924$33,568,911▲ $1,436,987
Net Assets With Donor Restrictions$3,841,959$7,076,290▲ $3,234,331
Total Net Assets Fund Balance$35,973,883$40,645,201▲ $4,671,318
Total Liabilities and Net Assets / Fund Balance$53,090,780$56,693,482▲ $3,602,702

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$9,595,204$7,554,529$17,149,733
Equipment$382,378$10,406,333$10,788,711
Land$2,807,006-$2,807,006
Other Land Buildings$249,814$1,836,094$2,085,908
Leasehold Improvements$180,946$449,295$630,241

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$28,250,308$-1,689,247▲ $2,873,877$32,742$29,467,680
2023$27,406,538$-2,346,766▲ $3,162,281$28,255$28,250,308
2022$29,380,037$-4,972,057▲ $2,969,314$29,244$27,406,358
2021$36,807,537$-4,639,906▼ $2,815,333$27,739$29,380,037
2020$33,661,425$-3,266,659▲ $6,440,316$27,545$36,807,537
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Azzedine DownesPresident Chief Executive OfficerFT$443,933$70,237$514,170
Joanne ThelmoGeneral CounselFT$261,398$37,800$299,198
Jimel MandimaVice President Global Programs until January 31FT$237,029$58,895$295,924
Blaine HoovisChief Financial OfficerFT$234,333$34,884$269,217
Phyllis BayerChief Information OfficerFT$232,636$36,021$268,657
Kevin McGinnisVice President Human Resources- assistant clerkFT$206,428$46,838$253,266
Patrick RamageSenior DirectorFT$101,954$142,811$244,765
Arthur CadySenior Program AdvisorFT$183,370$50,959$234,329
Elizabeth FowlerDeputy Vice President DevelopmentFT$184,767$26,204$210,971
John KluzaTreasurerFT$190,646$12,523$203,169
Laura TzimonrangasDeputy Vice President Development Operations - assistant clerkFT$151,394$48,932$200,326
Michelle StanfieldCorporate Counsel - assistant clerkFT$117,273$8,039$125,312
Diane WarrenAssistant Clerk until May 30thFT$93,050$24,140$117,190

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
RWT Production LLCDirect Mail Production Services8932 Orange Hunt Lane, Annadale, VA 22003$2,335,460
GoogleDigital Marketing1600 Amphitheatre parkway, Mountain View, CA 94043$1,099,392
GivebridgeDonor Database550 w Van Buren Suite 1100, Chicago, IL 60607$988,954
BlackbaudDevelopment CRM550 w Van Buren Suite 1100, Charleston, SC 29492$975,447
Meta PlatformsAdvertising1 Meta way, Menlo Park, CA 94025$952,290
Revenue and Support

Revenue Composition

Contributions and Grants
$42,244,423
Program Service Revenue
$0
Investment Income
$1,948,577
Other Revenue
$305,195
All Other Contributions
$31,222,659
Change in Net Assets
$3,803,735

Audited Revenue Reconciliation

Revenue per Audited Statements
$44,498,195
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$9,111,845
Total Revenue per Audited Statements
$53,610,040
Total Revenue per Form 990
$44,498,195
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$17,800,314
Salaries, Compensation, and Employee Benefits$13,687,050
Total Fundraising Expense$7,580,423
Grants and Similar Amounts Paid$7,179,818
Professional Fundraising Fees$2,027,278

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$6,153,703$1,202,028$2,080,561$9,436,292
Foreign Grants$6,626,427--$6,626,427
Office Expenses$2,288,058$728,956$562,320$3,579,334
Advertising$2,704,215$13,196$372,934$3,090,345
Fees for Services Other$2,184,900$396,617$179,099$2,760,615
Other Employee Benefits$1,320,129$306,369$450,824$2,077,322
Fees for Services Professional Fundraising--$2,027,278$2,027,278
Travel$839,912$65,127$191,022$1,096,061
Occupancy$695,271$118,932$69,314$883,517
Payroll Taxes$498,551$115,701$170,256$784,508
Current Officers, Directors, Trustees, and Key Employees$334,751$262,979$112,828$710,558
Pension Plan Contributions$431,101$100,048$147,221$678,370
Grants to Domestic Orgs$553,391--$553,391
Depreciation Depletion$404,691$43,271$55,335$503,297
Conferences and Meetings$429,191$36,626$12,111$477,928
All Other Expenses$314,844$24,009$5,059$343,913
Information Technology$234,859$40,994$50,917$326,770
Insurance$194,665$72,683$23,981$291,329
Interest$120,370$27,506$47,339$195,215
Fees for Services Accounting$0$186,473$0$186,473
Fees for Services Legal$120,030$20,257$15,400$155,687
Fees for Service Investment Mgmnt Fees$0$123,013$13,837$136,850
Fees for Services Lobbying$86,388$0$0$86,388
Total Functional Expenses$4,503,951$469,702$1,173,079$6,146,731

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$48,938,722
Expenses per Audited Statements$40,694,460
Total Expenses per Form 990$40,694,460
Expenses Not Reported on Form 990$8,244,262
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Maritime Information SystemsOrleans, MA501(c)(3)Conservation$279,800
Wildlife Investigators Training AllianceWashington, DC-Conservation$110,116
National Marine Sanctuary FoundationSilver Springs, MD501(c)(3)Conservation$37,000
Global Rewilding AllianceBoulder, CO501(c)(3)Conservation$27,000
Busters Paw PrintsRed Bluff, CA501(c)(3)Animal Rescue$16,375
Viva RescueMenifee, CA501(c)(3)Animal Rescue$15,000
Abraham FoundationNew York, NY501(c)(3)Animal Rescue$10,000
Alaqua Animal RefugeFreeport, FL501(c)(3)Animal Rescue$10,000
Nature ConservancyArlington, VA501(c)(3)Conservation$10,000
Pasadena Humane SocietyPasadena, CA501(c)(3)Conservation$10,000
Turtle survival allianceNorth Charleston, SC501(c)(3)Animal Rescue$10,000

International Summary

Offices
5
Employees
62
Spending
$14,793,460

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
Yes
Foreign corporation ownership
Yes
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Sub-Saharan AfricaGrantmakingAnimal Conservation and Rescue00$5,370,137
Sub-Saharan AfricaProgram servicesOffice located in Nairobi Kenya serves to implement holistic landscape conservation projects and wildlife crime prevention efforts and to monitor grants made to Kenya Wildlife Service and local NGOs that support this work. Specific examples of activities include ensuring habitat connectivity within the Amboseli-Tsavo-Kilimanjaro landscape community engagement activities law enforcement capacity building human wildlife conflict mitigation support and advocacy for enforcement of illegal trade laws as well as research on animal populations.233$5,161,886
East Asia and the PacificProgram servicesOffice in Beijing China implements efforts to reduce public consumption of and demand for wildlife parts and products elephant habitat protection and elephant human conflict mitigation rescue and rehabilitation of raptors education programs and building of public and private sector capacity to enforce uphold regulations prohibiting illegal wildlife trade.120$1,819,102
Middle East and North AfricaProgram servicesOffice located in Dubai UAE serves to educate and advocate against exploitation of animals from commercial use and illegal trade. Activities include building capacity of customs and enforcement officials to enforce regulations increasing public awareness of animal welfare and conservation laws and issues gathering support from regional governments for resolutions at international conventions and educating youth about wildlife conservation and animal welfare16$772,402
Europe Including Iceland and GreenlandGrantmakingAnimal Conservation and Rescue00$510,721
North AmericaProgram servicesProgram efforts seek to improve animal welfare mitigate conflicts between companion animals and wildlife and increase the preparedness and resilience of communities in Mexico the Caribbean and elsewhere in the region to cope with natural or human-caused disasters. Additional work focuses on the prevention of illegal wildlife trade in Latin America. Program work is managed locally by IFAW staff members.12$460,359
East Asia and the PacificGrantmakingAnimal Conservation and Rescue00$321,094
South AsiaGrantmakingAnimal Conservation and Rescue00$125,707
North AmericaGrantmakingAnimal Conservation and Rescue00$104,088
Middle East and North AfricaGrantmakingAnimal Conservation and Rescue00$58,910
South AmericaProgram servicesProgram efforts for animal rescue work01$52,754
Central America and the CaribbeanGrantmakingRescue00$18,300
South AmericaGrantmakingRescue00$18,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$2,027,278
Fundraising Direct Expenses$261,653
Fundraising Gross Income$64,782
Gaming Direct Expenses$0
Gaming Gross Income$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Room to Roam$147,550$36,625$18,757$17,868
Party for a Porpoise$377,576$28,157$43,582$-15,425
Total Events$525,126$64,782$261,653$-196,871
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Right of use Liability$1,664,385
Interest Rate Swap$97,208
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
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

Governance Explanations

Part VI, Line 11A

The form 990 is distributed for review to all board members and the Audit and Risk Oversight Committee in advance of filing the return. Management provides a narrative of significant matters of interest to the Board and requests commentary from the Board on form 990 prior to filing.

Part VI, Line 12C

Following the IFAWs Conflict of Interest Policy Directors Officers Senior Level employees and employees with budgetary management responsibility are required to complete an annual Conflict of Interest Questionnaire. This process is managed by the organization to ensure all required questionnaires are submitted and complete. General Counsel summarizes and presents matters disclosed in the questionnaire to the Audit and Risk Oversight Committee. The Committee reviews and assess potential conflicts prior to presenting to the full Board of Directors. Conflicts identified follow Board action as outlined in the organizations Conflict of Interest Policy. Actions include prohibition from conflicted transaction delegation to supervisor or Board approval.

Part VI, Line 15

Position descriptions form the basis of the organizations wage and salary program. Staff positions including senior management roles are evaluated and priced against market data that is obtained from an independent international compensation consultant. Each position is priced using relevant local data that is deemed representational of similar not-for-profits. The Chief Executive Officers compensation is reviewed against available market date and is approved including salary changes by IFAWs Board of Directors Executive Committee on an annual basis

Filing and Contact Details

Filer

Filer Name
International Fund for Animal Welfare Inc
EIN
31-1594197
Phone
5087442000
Address
1400 16TH ST NW SUITE 330, WASHINGTON, DC 20036-0000

Signing Officer

Name
Blaine Hoovis
Title
CFO
Phone
5087442000
Signed
2026-03-04

Organization Details

Principal Officer
Azzedine Downes
Formed
1998
Legal Domicile
Ma
Voting Board Members
9
Independent Board Members
9
Employees
161
Volunteers
257
Supplemental Narrative

Additional Explanations

Part XI, Line 9

| Description:, Explanation:, Amount:| Interest rate swap loss $9,418 ; Actuarial loss on annuity obligations $48,300, Part XI Line 9, $-57718|

Financial Statement Notes

Part X, line 2

Under FASB ASC 740 Income Taxes an organization must recognize the financial statement effects of a tax position taken for tax purposes when it is more likely than not that the position will not be sustained up examination. IFAW does not believe there are any material uncertain tax positions and accordingly it will not recognize the financial statement effects for unrecognized tax positions. IFAW has filed for and received income tax exemptions in the jurisdictions where it is required to do so. Additionally the organization has filed IRS Form 990 tax returns as required and all other applicable returns in jurisdictions when it is required. For the years ended June 30 2025 and 2024 there were no interest or penalties recorded or included in the statement of activities and changes in net assets. IFAW is subject to routine audits by a taxing authority. As of June 30 2025 and 2024 the organization was not subject to any examinations by the taxing authority.

Part XI, line 2D

Interest rate swap loss $9,418 Actuarial loss on annuity obligations $48,300. Total $57,718

Part V, line 4

Endowment funds are invested and used based on the organizations financial reserve and institutional investment policies

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt10General Counsel
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IRS990/Form990PartVIISectionAGrp/TitleTxt13Chief Information Officer
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IRS990/Form990PartVIISectionAGrp/TitleTxt17Deputy Vice President Development
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