Civic Intelligence

Releashed Rescue Inc.

990EZ • Fiscal year 2022 • EIN 46-1357554

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 14, 2023

8620 Wallace Tatum RoadCumming, GA 30028

(770) 403-6506

Siviq Scores

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

Liabilities / Assets

81st percentile

0.13x

Higher debt load relative to assets than 81% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

79th percentile

0.07x

Higher debt load relative to revenue than 79% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

18th percentile

-21%

Higher net margin than 18% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

19th percentile

-25%

Faster asset growth than 19% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

25th percentile

-18%

Faster revenue growth than 25% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$89,780

Down $29,466 (-25%) from 2021

Net Assets

Down

$78,454

Down $36,247 (-32%) from 2021

Liabilities

Up

$11,326

Up $6,781 (+149%) from 2021

Revenue

Down

$172,340

Down $36,641 (-18%) from 2021

Expenses

Up

$208,586

Up $41,529 (+25%) from 2021

Net Income

Down

-$36,246

Down $78,170 (-186%) from 2021

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2013: $6,285Net Assets 2013: $6,2852013Assets 2014: $12,183Net Assets 2014: $12,1832014Assets 2015: $5,778Net Assets 2015: $5,7782015Assets 2016: $7,274Liabilities 2016: $0Net Assets 2016: $7,2742016Assets 2017: $81,231Liabilities 2017: $0Net Assets 2017: $81,2312017Assets 2018: $76,869Liabilities 2018: $0Net Assets 2018: $76,8692018Assets 2019: $84,644Liabilities 2019: $0Net Assets 2019: $84,6442019Assets 2020: $81,487Liabilities 2020: $8,710Net Assets 2020: $72,7772020Assets 2021: $119,246Liabilities 2021: $4,545Net Assets 2021: $114,7012021Assets 2022: $89,780Liabilities 2022: $11,326Net Assets 2022: $78,4542022Assets 2023: $93,040Liabilities 2023: $10,119Net Assets 2023: $82,9212023Assets 2024: $90,131Liabilities 2024: $9,151Net Assets 2024: $80,9802024

Highlighted filing

2022

Assets$89,780
Liabilities$11,326
Net Assets$78,454

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2013: $63,945Expenses 2013: $57,660Net Income 2013: $6,2852013Revenue 2014: $92,064Expenses 2014: $86,167Net Income 2014: $5,8972014Revenue 2015: $51,196Expenses 2015: $57,602Net Income 2015: -$6,4062015Revenue 2016: $58,281Expenses 2016: $56,785Net Income 2016: $1,4962016Revenue 2017: $148,126Expenses 2017: $74,169Net Income 2017: $73,9572017Revenue 2018: $65,397Expenses 2018: $69,759Net Income 2018: -$4,3622018Revenue 2019: $129,913Expenses 2019: $122,138Net Income 2019: $7,7752019Revenue 2020: $135,224Expenses 2020: $147,091Net Income 2020: -$11,8672020Revenue 2021: $208,981Expenses 2021: $167,057Net Income 2021: $41,9242021Revenue 2022: $172,340Expenses 2022: $208,586Net Income 2022: -$36,2462022Revenue 2023: $190,625Expenses 2023: $186,158Net Income 2023: $4,4672023Revenue 2024: $177,564Expenses 2024: $179,505Net Income 2024: -$1,9412024

Highlighted filing

2022

Revenue$172,340
Expenses$208,586
Net Income-$36,246
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 14, 2023
Return Version
2022v5.0
Gross Receipts
$172,340
Mission and Program Overview

Mission

The mission of releashed rescue, inc. Is to prevent cruelty to animals including, but not limited to, animal rescue, animal rehabilitation, reduction of animal euthenasia rate and education of the public about the humane treatment of animals.

See Schedule O

Program Services

DescriptionGrantsExpenses
See Schedule O--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Charla Huston-CollingsPresidentFT$0--
Dave CollingsDirectorPT$0--
Eddie HarperDirectorPT$0--
Diane HarperTreasurerPT$0--
Gina PucciarelliSecretaryPT$0--
Filing and Contact Details

Filer

Filer Name
Releashed Rescue Inc
EIN
46-1357554
Address
8620 Wallace Tatum Road, Cumming, GA 30028

Signing Officer

Name
Charla Huston-Collings
Title
President
Phone
7704036506
Signed
2023-11-14
Discuss with paid preparer
Yes

Preparer

Firm
Beth Davis Pitt CPA PC
Address
889 Edgewater Circle, Marietta, GA 30062
Preparer
Beth Davis Pitt CPA
Phone
6789310172
Supplemental Narrative

Additional Explanations

General explanation attachment

Part III Primary Exempt PurposeThe mission of Releashed Rescue, Inc. is to prevent cruelty to animals including, but not limited to, animal rescue, animal rehabilitation, reduction of animal euthenasia rate and education of the public about the humane treatment of animals. Part III Line 28The organization rescued 94 dogs from shelters during 2022. The organization held and participated in 12 adoption event during 2022. The events served the purpose of raising awareness of the number of dogs in high kill shelters that need to be rescued and placed in a permanent home or a foster home until a permanent home is found. The organization has approximately 37 volunteer fosters. Volunteer fosters of dogs rescued by Releashed Rescue are reimbursed for all expenses incurred or provided with supplies needed to feed and crate the dogs. In addition, all veterinary and medical expenses are paid for by Releashed Rescue.

Description of other expenses Part I line 16

Description AmountDepreciation from 4562 6,810Veterinary and Medical 25,304Boarding 16,582Pet Supplies and Food 35,493Postage and Mailing 163Insurance 3,513Supplies 439Business Registration 90Facilities Expense 13,875Training 1,775Professional Fees 1,863Payroll Tax Expense 7,152Payroll Processing Expense 2,682

Description of other assets Part II line 24

Category Beginning of Year End of YearOther Assets 1,743 1,743

Description of total liabilities Part II line 26

Category Beginning of Year End of YearCredit Card 4,545 11,326

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Part III Primary Exempt PurposeThe mission of Releashed Rescue, Inc. is to prevent cruelty to animals including, but not limited to, animal rescue, animal rehabilitation, reduction of animal euthenasia rate and education of the public about the humane treatment of animals. Part III Line 28The organization rescued 94 dogs from shelters during 2022. The organization held and participated in 12 adoption event during 2022. The events served the purpose of raising awareness of the number of dogs in high kill shelters that need to be rescued and placed in a permanent home or a foster home until a permanent home is found. The organization has approximately 37 volunteer fosters. Volunteer fosters of dogs rescued by Releashed Rescue are reimbursed for all expenses incurred or provided with supplies needed to feed and crate the dogs. In addition, all veterinary and medical expenses are paid for by Releashed Rescue.
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