Civic Intelligence

Petsave Foundation

990 • Fiscal year 2011 • EIN 33-0913364

Jan 01, 2011 to Dec 31, 2011 • Filed on Jul 05, 2012

14009 Crenshaw Boulevard90250
Siviq Scores

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

Liabilities / Assets

82nd percentile

0.54x

Higher debt load relative to assets than 82% of similar nonprofits.

2011 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2011

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2011

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

1st percentile

-96%

Faster asset growth than 1% of similar nonprofits.

2011 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2010 to 2011

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$21,523

Down $481,248 (-96%) from 2010

Net Assets

Down

$10,000

Down $35,663 (-78%) from 2010

Liabilities

Down

$11,523

Down $445,585 (-97%) from 2010

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$87,375

Down $43,650 (-33%) from 2010

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0-$200KAssets 2010: $502,771Liabilities 2010: $457,108Net Assets 2010: $45,6632010Assets 2011: $21,523Liabilities 2011: $11,523Net Assets 2011: $10,0002011Assets 2012: $17,412Liabilities 2012: $28,265Net Assets 2012: -$10,8532012Assets 2013: $11,473Liabilities 2013: $14,091Net Assets 2013: -$2,6182013Assets 2014: $11,037Liabilities 2014: $23,479Net Assets 2014: -$12,4422014Assets 2015: $11,004Liabilities 2015: $8,332Net Assets 2015: $2,6722015Assets 2016: $11,668Liabilities 2016: $23,355Net Assets 2016: -$11,6872016

Highlighted filing

2011

Assets$21,523
Liabilities$11,523
Net Assets$10,000

Operations Trend

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

$150K$100K$50K$0-$50KExpenses 2010: $131,0252010Expenses 2011: $87,3752011Revenue 2012: $40,217Expenses 2012: $61,070Net Income 2012: -$20,8532012Revenue 2013: $54,910Expenses 2013: $46,675Net Income 2013: $8,2352013Revenue 2014: $51,180Expenses 2014: $61,139Net Income 2014: -$9,9592014Revenue 2015: $87,769Expenses 2015: $72,655Net Income 2015: $15,1142015Revenue 2016: $52,278Expenses 2016: $66,637Net Income 2016: -$14,3592016

Highlighted filing

2011

Revenue-
Expenses$87,375
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2011 to Dec 31, 2011
Signed
Jul 5, 2012
Return Version
2011v1.2
Gross Receipts
$503,882
Mission and Program Overview

Mission

Prevention of Cruelty to Animals

Filing and Contact Details

Filer

EIN
33-0913364
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IRS990/Description0PetSave Foundation has continued to fulfill our primary mission by rescuing, spaying/neutering, caring for and adopting out abandoned rabbits to new homes. On average, we cared for 100 rabbits within our foster system during 2011.Early in the year, we moved to less expensive and more primitive quarters. This reduced our overhead significantly. We no longer have a retail store, but continue to supplement our income by selling quality animal food, supplies and toys to people who adopt from us.We continue to rescue rabbits from municipal shelters to prevent their being euthanized, space permitting. We continue to work within our previously created systems with the local shelters to reduce the total number of rabbits euthanized.We have rescued dozens more from other sources such as previous adopters who changed their minds and returned the rabbits, other rescue groups, and good Samaritans who find rabbits that their owners have abandoned in inappropriate situations. With the downturn in the economy and the number of people losing their homes to foreclosure, the amount of abandoned rabbits is significant.In 2011 we began working with another foundation that obtains baby rabbits illegally sold on the streets of Los Angeles. These babies are confiscated by the Los Angeles Police Department from the illegal vendors and are taken in by rescue to prevent their being taken to a Los Angeles City Shelter where they would be euthanized due to lack of shelter personnel to properly care for these fragile babies.These babies should be with their nursing mothers for eight weeks. But these illegal vendors take them from their mothers at 7-10 days old. They mislead the public that these are three month old dwarfs that will stay that size. Most of them die shortly after sale. The ones that survive grow to be normal size - too big for the small housing initially purchased for them. They are at high risk for abandonment when they reach adult size.We assisted in coordinating/training bottle feeders that can properly feed and wean these babies. We help alleviate a bottle-neck situation by facilitating spay/neuter and subsequent adoption of the adults. This enables the other organization to free up space/resources for the next batch of confiscated babies.We successfully adopted out 75 rabbits with well screened and caring adopters. Sadly 5 rabbits were euthanized because they were ill beyond help. There are a few rabbits still living from the mass rescue of 2002 in their adopted homes. Because the life expectancy of a rabbit is 8-12 years, we are proud that we were able to rescue so many from this raid, and give them good quality of life through their "senior" years, after placing most of them in good "forever" homes.We continue to assist a cat rescue organization with housing and placement of their rescued cats. Our volunteers spend some of their time caring for and socializing the cats, as well as photographing and listing these cats on petfinder.com, etc.Our Foundation continues to provide information and education to prospective pet owners and the general public. We conduct educational tours to groups, focusing on youth groups such as Girl Scouts, Cub Scouts and associations of home-schooled children and their parents. Visiting our facility provides an effective visual association with the magnitude of the rabbit overpopulation problem that exists as well as the viability of keeping rabbits as indoor pets.During educational tours, we stress the responsibility and commitment necessary before, during and after acquiring any pet. We stress proper care, spay/neutering as pet owner responsibilities and rabbit specific information. We strongly advocate adoption as a better option to purchasing from pet shops and breeders who in our opinion are part of the cause of pet overpopulation.We continue to be a very popular place for high school and college students to volunteer. Some of these students are required to complete a certain number of hours as part of
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IRS990ScheduleO/GeneralExplanation/Explanation0All organizing documents, financial statements and Form 990's are contained in a binder that is open to public inspection at the Foundation's rabbitat located at 14009 Crenshaw Boulevard, Unit D, Hawthorne, CA 90250. Requests must be formal and routed to the President before any documents are made public.The organization also has its Form 990 published on the official website of the California Attorney General's Registry of Charitable Trusts at www.oag.ca.gov/charities.
IRS990ScheduleO/GeneralExplanation/Explanation1Only officers have the authority to act on behalf of the Foundation and all official matters are initiated and concluded mostly by the President, or the Secretary when the President is rarely unavailable.
IRS990ScheduleO/GeneralExplanation/Explanation2President and Secretary routinely review Form 990 before it is filed.
IRS990ScheduleO/GeneralExplanation/Explanation3President Bona L. Tucker and Secretary Robert R. Tucker are married to each other.
IRS990ScheduleO/GeneralExplanation/Explanation4Client Note 2 - Related Organization Identification and Activities:TNT Design Team, LLC (EIN 68-0242857) is a disregarded entity owned solely by Secretary Robert R. Tucker, who is also the spouse of Bona L. Tucker, President and Founder of PetSave Foundation.PetSave Foundation subleases its facilities from and shares rent and utilities expenses with TNT Design Team, LLC.TNT Design Team, LLC has a program whereby it shares a percentage of sales revenue with PetSave Foundation and the information on this program can be found on its website, www.etchedinmyheart.com.
IRS990ScheduleO/GeneralExplanation/Explanation5Client Note 1 - Mission Statements and Objectives:PetSave Foundation's primary goal is to rescue domesticated rabbits that are routinely abandoned in numbers greater than are generally known. Domesticated rabbits are the third most purchased pets and their abandonment rate is proportionate. Because most rabbits are first purchased on impulse by their original owners, the lack of basic care information possessed by the general public contributes to their eventual abandonment.Once rescued from a variety of perilous situations, all rabbits are given a complete veterinary check up and any remedial medical treatment necessary. All rabbits are spayed/neutered prior to being put up for adoption. All rabbits in our care are given the best in food, housing, veterinary care and personal attention possible.PetSave Foundation's secondary goal is to educate the general public choosing to become pet rabbit owners.Pet rabbit owners are educated in the following areas: Proper care, housing and health information; The need to spay/neuter not only rabbits, but all pets in an effort to stem the tide of pet overpopulation; Providing any information that will help the pet/guardian relationship work in a way that provides a lifelong, loving home for the pet; Teaching and preparing the prospective rabbit pet owners as to specific care and potential needs of the rabbits, and effects on the owners.Our efforts to educate the general public include, but are not limited to, the following: Daily interactions with the public at our seven day per week adoption center where we make every opportunity to discuss the above issues; We field many daily calls from the public, answering questions about the above issues, as well as adoption referrals for pets and assistance with "found" animals; We offer group tours of our adoption facility, presenting an educational offering of information during the tours; We go to schools and talk to children about responsible pet ownership; We provide volunteer opportunities to further enhance the human/pet bond.
IRS990ScheduleO/GeneralExplanation/Identifier0Form 990, Part VI, Line 19
IRS990ScheduleO/GeneralExplanation/Identifier1Form 990, Part VI, Line 12c
IRS990ScheduleO/GeneralExplanation/Identifier2Form 990, Part VI, Line 11
IRS990ScheduleO/GeneralExplanation/Identifier3Form 990, Part VI, Line 2
IRS990ScheduleO/GeneralExplanation/ReturnReference0Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/GeneralExplanation/ReturnReference1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/GeneralExplanation/ReturnReference2Form 990, Part VI, Line 11: Form 990 Review Process
IRS990ScheduleO/GeneralExplanation/ReturnReference3Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et
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