Petsave Foundation

“Client 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.”

“Client Note 2 - Related Organization Identification and Activities:TNT Design Team, LLC (EIN 68-0242857) is a disregarded entity owned solely by Robert R. Tucker, who is also the spouse of Bona L. Tucker, President and Founder of PetSave Foundation.TNT Design Team, LLC pays the rent, utilities and maintenance on the building space utilized by PetSave Foundation as a donation to assist its tax exempt mission of rescuing, caring for and adopting abused and/or unwanted animals.TNT Design Team, LLC has created a program whereby it shares a percentage of its net sales revenues with PetSave Foundation and the information on the Revenue Sharing Program can be found on the TNT Design Team, LLC website at www.etchedinmyheart.com, but this program is currently on hold.”

“Client Note 3 - Statement about Sales of Inventory Reported on Form 990-EZ, Line 7:PetSave Foundation does not maintain an Inventory account but rather sells hay, litter and other animal-related items directly from its Animal Supplies stock as a convenience to its donors.”

“Advertising and Promotion $117”

“Office Expenses $214”

“Information Technology $494”

“Travel $596”

“Conferences, Conventions, and Meetings $85”

“Interest $3082”

“Depreciation $477”

“Insurance $1022”

“Animal Care Costs $51092”

“Bank Charges $1695”

“Contract Labor $1236”

“Supplies $485”

“Repairs and Maintenance $173”

“Dues & Subscriptions $95”

“Volunteer Expenditures $44”

“Taxes & Licenses $25”

“Machinery and Equipment - Beginning $2604 Machinery and Equipment - Ending $2337”

“Accounts Receivable - Beginning $1864 Accounts Receivable - Ending $2575”

“Prepaid Expenses and Deferred Charges - Beginning $3269 Prepaid Expenses and Deferred Charges - Ending $3716”

“Security Deposits - Beginning $440 Security Deposits - Ending $550”

“Accounts Payable and Accrued Expenses - Beginning $23479 Accounts Payable and Accrued Expenses - Ending $8332”