Civic Intelligence

Professional Animal Retirement Center Inc

990 • Fiscal year 2017 • EIN 33-1020728

Jan 01, 2017 to Dec 31, 2017 • Filed on Feb 23, 2018

PO Box 2Albion, IN 46701-0002

(260) 636-7383

Siviq Scores

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

Liabilities / Assets

23rd percentile

0.01x

Higher debt load relative to assets than 23% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

25th percentile

0.02x

Higher debt load relative to revenue than 25% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

77th percentile

19%

Higher net margin than 77% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

41st percentile

$37,298

Higher top officer pay than 41% of similar nonprofits.

Top officer pay equals 8.1% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

61st percentile

6.9%

Faster asset growth than 61% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

73rd percentile

20%

Faster revenue growth than 73% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$1,211,082

Up $78,558 (+6.9%) from 2016

Net Assets

Up

$1,203,537

Up $88,589 (+7.9%) from 2016

Liabilities

Down

$7,545

Down $10,031 (-57%) from 2016

Revenue

Up

$463,149

Up $77,068 (+20%) from 2016

Expenses

Up

$374,560

Up $70,430 (+23%) from 2016

Net Income

Up

$88,589

Up $6,638 (+8.1%) from 2016

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $535,921Liabilities 2011: $10,465Net Assets 2011: $525,4562011Assets 2012: $634,675Liabilities 2012: $34,330Net Assets 2012: $600,3452012Assets 2013: $833,455Liabilities 2013: $20,279Net Assets 2013: $813,1762013Assets 2014: $1,015,459Liabilities 2014: $4,186Net Assets 2014: $1,011,2732014Assets 2015: $1,040,689Liabilities 2015: $7,692Net Assets 2015: $1,032,9972015Assets 2016: $1,132,524Liabilities 2016: $17,576Net Assets 2016: $1,114,9482016Assets 2017: $1,211,082Liabilities 2017: $7,545Net Assets 2017: $1,203,5372017Assets 2018: $1,156,254Liabilities 2018: $8,877Net Assets 2018: $1,147,3772018Assets 2019: $1,083,428Liabilities 2019: $6,368Net Assets 2019: $1,077,0602019Assets 2020: $1,050,168Liabilities 2020: $10,116Net Assets 2020: $1,040,0522020Assets 2021: $1,028,822Liabilities 2021: $10,965Net Assets 2021: $1,017,8572021Assets 2022: $890,879Liabilities 2022: $12,797Net Assets 2022: $878,0822022Assets 2023: $813,590Liabilities 2023: $24,588Net Assets 2023: $789,0022023Assets 2024: $1,115,822Liabilities 2024: $1,082Net Assets 2024: $1,114,7402024

Highlighted filing

2017

Assets$1,211,082
Liabilities$7,545
Net Assets$1,203,537

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $165,7092011Expenses 2012: $213,1342012Revenue 2013: $445,692Expenses 2013: $232,861Net Income 2013: $212,8312013Revenue 2014: $457,532Expenses 2014: $259,435Net Income 2014: $198,0972014Revenue 2015: $294,173Expenses 2015: $272,449Net Income 2015: $21,7242015Revenue 2016: $386,081Expenses 2016: $304,130Net Income 2016: $81,9512016Revenue 2017: $463,149Expenses 2017: $374,560Net Income 2017: $88,5892017Revenue 2018: $359,530Expenses 2018: $414,962Net Income 2018: -$55,4322018Revenue 2019: $351,615Expenses 2019: $422,671Net Income 2019: -$71,0562019Revenue 2020: $435,227Expenses 2020: $472,235Net Income 2020: -$37,0082020Revenue 2021: $547,291Expenses 2021: $569,486Net Income 2021: -$22,1952021Revenue 2022: $527,951Expenses 2022: $667,726Net Income 2022: -$139,7752022Revenue 2023: $660,190Expenses 2023: $749,270Net Income 2023: -$89,0802023Revenue 2024: $1,307,470Expenses 2024: $981,732Net Income 2024: $325,7382024

Highlighted filing

2017

Revenue$463,149
Expenses$374,560
Net Income$88,589
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Feb 23, 2018
Return Version
2017v2.2
Gross Receipts
$499,767
Mission and Program Overview

Mission

Parc exists to give rescued & retired exotic animals a safe haven, and to educate people about exotic and endangered species.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$713,381$774,847▲ $61,466
Savings and Temporary Cash Investments$304,073$319,570▲ $15,497
Cash and Non-Interest-Bearing Accounts$100,853$98,821▼ $2,032
Inventories for Sale or Use$7,532$9,964▲ $2,432
Total Assets$1,132,524$1,211,082▲ $78,558
Other Assets Total$6,685$7,880▲ $1,195
Liabilities
Accounts Payable and Accrued Expenses$17,510$7,505▼ $10,005
Other Liabilities$66$40▼ $26
Total Liabilities$17,576$7,545▼ $10,031
Net Assets / Fund Balance
Unrestricted Net Assets$1,114,948$1,203,537▲ $88,589
Total Net Assets Fund Balance$1,114,948$1,203,537▲ $88,589
Total Liabilities and Net Assets / Fund Balance$1,132,524$1,211,082▲ $78,558

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$534,306$149,331$683,637
Leasehold Improvements$158,285$112,217$270,502
Equipment$46,576$95,604$142,180
Land$35,680-$35,680
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Lori GagenExecutive DiFT$37,298$37,298

Board Members and Trustees

NameTitle
Renee RunklePresident
Brenda CuretonBoard Member
Christine MeekBoard Member
Karen HoagBoard Member
Kerri GarvinBoard Member
Kim LauerBoard Member
Phillip TannerBoard Member
Ted StorerSecretary
Dianne LengerichTreasurer
Barb SmithVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$181,884
Program Service Revenue
$178,892
Investment Income
$1,307
Other Revenue
$101,066
All Other Contributions
$181,884
Change in Net Assets
$88,589
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$208,750
Salaries, Compensation, and Employee Benefits$165,810
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$116,723--$116,723
Depreciation Depletion$57,856--$57,856
Current Officers, Directors, Trustees, and Key Employees$14,919$22,379-$37,298
Occupancy$22,541--$22,541
Insurance$20,814--$20,814
All Other Expenses$16,743--$16,743
Advertising$13,083--$13,083
Payroll Taxes$10,077$1,712-$11,789
Office Expenses$4,372$4,290-$8,662
Fees for Services Accounting-$5,825-$5,825
Other Expenses$5,750--$5,750
Information Technology$1,082$1,622-$2,704
Travel$1,967--$1,967
Fees for Services Legal-$613-$613
Total Functional Expenses$338,119$36,441$0$374,560
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$86,808
Fundraising Direct Expenses$9,804
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraising$86,808$86,808$9,804$77,004
Total Events$86,808$86,808$9,804$77,004
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Sales Tax Payable$40
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Return reviewed by board of directors prior to filing.

Form 990, Page 6, Part VI, Line 12C

Reviewed and discussed by board; proper action taken if necessary.

Form 990, Page 6, Part VI, Line 15A

Discussed and approved by board of directors

Form 990, Page 6, Part VI, Line 15B

Discussed and approved by board of directors.

Form 990, Page 6, Part VI, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Professional Animal Retirement
EIN
33-1020728
Phone
2606367383
Address
PO BOX 2, ALBION, IN 46701-0002

Signing Officer

Name
Lori Gagen
Title
Executive Director
Phone
2606367383
Signed
2018-02-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lori Gagen
Formed
2000
Legal Domicile
In
Voting Board Members
10
Independent Board Members
10
Employees
8
Volunteers
90

Preparer

Firm
Butler CPA LLC
Address
733 E NORTH ST, KENDALLVILLE, IN 46755
Preparer
Carla B Butler
Phone
2603470475
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0RETURN REVIEWED BY BOARD OF DIRECTORS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1REVIEWED AND DISCUSSED BY BOARD; PROPER ACTION TAKEN IF NECESSARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DISCUSSED AND APPROVED BY BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DISCUSSED AND APPROVED BY BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4UPON REQUEST
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.12$0.00$1.11$1.31$0.98$0.33
2023Detailed filing. Detailed filing data is available for this year.$0.81$0.02$0.79$0.66$0.75$0.09
2022Detailed filing. Detailed filing data is available for this year.$0.89$0.01$0.88$0.53$0.67$0.14
2021Detailed filing. Detailed filing data is available for this year.$1.03$0.01$1.02$0.55$0.57$0.02
2020Detailed filing. Detailed filing data is available for this year.$1.05$0.01$1.04$0.44$0.47$0.04
2019Detailed filing. Detailed filing data is available for this year.$1.08$0.01$1.08$0.35$0.42$0.07
2018Detailed filing. Detailed filing data is available for this year.$1.16$0.01$1.15$0.36$0.41$0.06
2017Detailed filing. Detailed filing data is available for this year.$1.21$0.01$1.20$0.46$0.37$0.09
2016Detailed filing. Detailed filing data is available for this year.$1.13$0.02$1.11$0.39$0.30$0.08
2015Detailed filing. Detailed filing data is available for this year.$1.04$0.01$1.03$0.29$0.27$0.02
2014Detailed filing. Detailed filing data is available for this year.$1.02$0.00$1.01$0.46$0.26$0.20
2013Detailed filing. Detailed filing data is available for this year.$0.83$0.02$0.81$0.45$0.23$0.21
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.63$0.03$0.60$0.21
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.54$0.01$0.53$0.17