Liabilities / Assets
75th percentile
Higher debt load relative to assets than 75% of similar nonprofits.
EIN 47-2487205 • 501(c)3 • Glen Cove, NY
Profile
Our mission is to increase the adoptability of homeless dogs and cats through training, socialization, and improved surroundings that facilitate transition to a home environment.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
75th percentile
Higher debt load relative to assets than 75% of similar nonprofits.
Liabilities / Revenue
73rd percentile
Higher debt load relative to revenue than 73% of similar nonprofits.
Net Margin
69th percentile
Higher net margin than 69% of similar nonprofits.
Top Officer Pay
97th percentile
Higher top officer pay than 97% of similar nonprofits.
Top officer pay equals 6.0% of source-year revenue.
Asset Growth
29th percentile
Faster asset growth than 29% of similar nonprofits.
Revenue Growth
39th percentile
Faster revenue growth than 39% of similar nonprofits.
Assets
Down$126,743
Down $28,701 (-18%) from 2023
Liabilities
Down$9,429
Down $8,215 (-47%) from 2023
Net Assets
Down$117,314
Down $20,486 (-15%) from 2023
Revenue
Down$444,436
Down $34,361 (-7.2%) from 2023
Expenses
Up$376,922
Up $52,660 (+16%) from 2023
Net Income
Down$67,514
Down $87,021 (-56%) from 2023
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
Our mission is to increase the adoptability of homeless dogs and cats through training, socialization, and improved surroundings that facilitate transition to a home environment. Towards that end, the organization operates a no-kill no-cage environment to help eliminate the fear and stresses that make an animal difficult to present for adoption, and difficult to transition to a home environment. As an added incentive for adoptions the organization makes free boarding services available to pet owners who adopted from the organization.
To increase the adoptability of homeless dogs and cats through training, socialization and improved surroundings that facilitate transition to a home environment.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | $91,698 | $55,677 | ▼ $36,021 |
| Cash and Non-Interest-Bearing Accounts | $40,714 | $54,328 | ▲ $13,614 |
| Accounts Receivable | $17,484 | - | - |
| Land, Buildings, and Equipment, Net | $4,184 | $15,249 | ▲ $11,065 |
| Prepaid Expenses and Deferred Charges | $1,364 | $1,489 | ▲ $125 |
| Total Assets | $155,444 | $126,743 | ▼ $28,701 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $17,644 | $9,429 | ▼ $8,215 |
| Total Liabilities | $17,644 | $9,429 | ▼ $8,215 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $137,800 | $117,314 | ▼ $20,486 |
| Total Net Assets Fund Balance | $137,800 | $117,314 | ▼ $20,486 |
| Total Liabilities and Net Assets / Fund Balance | $155,444 | $126,743 | ▼ $28,701 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Leasehold Improvements | $14,849 | $850,762 | $865,611 |
| Equipment | $400 | $12,210 | $12,610 |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Kathleen Norcia | Executive Director | FT | $26,612 | $26,612 |
| Name | Title |
|---|---|
| Janine Fakaris | President |
| Alex Pappas | Board Member |
| Dayna Connolly | Board Member |
| Michael Labbate | Board Member |
| Yelena Kharchevka Janocic | Board Member |
| Brian Glennon | Secretary |
| Stephan Geiringer | Treasurer |
| Contribution Type | Contribution Count | Reported Amount | Valuation Method |
|---|---|---|---|
| Other Non Cash Contri Table | 1 | $88,000 | Fair Market Value (FMV) of Commercial Re |
| Total Noncash Contributions | 1 | $88,000 | - |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $250,216 |
| Other Expenses | $126,706 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $200,012 | $6,005 | - | $206,017 |
| Fees for Services Other | $33,505 | - | - | $33,505 |
| Current Officers, Directors, Trustees, and Key Employees | $1,331 | $25,282 | - | $26,613 |
| Payroll Taxes | $14,853 | $2,733 | - | $17,586 |
| Insurance | - | $10,014 | - | $10,014 |
| Office Expenses | - | $9,220 | - | $9,220 |
| Fees for Services Accounting | - | $6,425 | - | $6,425 |
| Other Expenses | $5,223 | $4,887 | - | $4,887 |
| All Other Expenses | $4,803 | - | - | $4,803 |
| Information Technology | - | $3,698 | - | $3,698 |
| Depreciation Depletion | $1,739 | $246 | - | $1,985 |
| Travel | - | $169 | - | $169 |
| Total Functional Expenses | $308,243 | $68,679 | $0 | $376,922 |
| Line Item | Amount |
|---|---|
| Fundraising Gross Income | $62,075 |
| Fundraising Direct Expenses | $28,347 |
| Professional Fundraising Fees | $0 |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Gala | $62,075 | $62,075 | $28,347 | $33,728 |
| Total Events | $62,075 | $62,075 | $28,347 | $33,728 |
“The organization does not have any sub-committees. The board of directors minutes are recorded at each meeting.”
“The organization does not have any sub-committees. The board of directors meeting minutes are recorded at every meeting. The board of directors review the 900 and approve it before it is submitted to the internal revenue service”
“The board of directors are annually required to sign the conflicts of interest policy.”
“Form 1023 is available for public inspection upon written request.”
“The organization makes its governing documents, conflict of interest policy and financial statements available to the public at the organization during normal business hours.”
“Part x, line 2: cove animal rescue evaluated its activities for uncertain tax positions and has determined that there were no uncertain tax positions for 2024.”
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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|---|---|---|
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| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | TO INCREASE THE ADOPTABILITY OF HOMELESS DOGS AND CATS THROUGH TRAINING, SOCIALIZATION AND IMPROVED SURROUNDINGS THAT FACILITATE TRANSITION TO A HOME ENVIRONMENT. |
| IRS990/AllOtherContributionsAmt | 0 | 217691 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 4803 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 4803 |
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| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
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| IRS990/CYOtherRevenueAmt | 0 | 33839 |
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| IRS990/CYTotalExpensesAmt | 0 | 376922 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
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| IRS990/DeductibleNonCashContriInd | 0 | 1 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
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| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 1739 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 1985 |
| IRS990/Desc | 0 | TO PROVIDE AN ANIMAL SHELTER FOR HOMELESS DOGS AND CATS, PROMOTE ANIMAL ADOPTIONS, ORGANIZE A TRAP,NEUTER AND RELEASE PROGRAM AND ADVANCE THE HIGHEST STANDARDS IN ANIMAL WELFARE. |
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| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 6425 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 33505 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 33505 |
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| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 10.00 |
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| IRS990/MissionDesc | 0 | OUR MISSION IS TO INCREASE THE ADOPTABILITY OF HOMELESS DOGS AND CATS THROUGH TRAINING, SOCIALIZATION, AND IMPROVED SURROUNDINGS THAT FACILITATE TRANSITION TO A HOME ENVIRONMENT. TOWARDS THAT END, THE ORGANIZATION OPERATES A NO-KILL NO-CAGE ENVIRONMENT TO HELP ELIMINATE THE FEAR AND STRESSES THAT MAKE AN ANIMAL DIFFICULT TO PRESENT FOR ADOPTION, AND DIFFICULT TO TRANSITION TO A HOME ENVIRONMENT. AS AN ADDED INCENTIVE FOR ADOPTIONS THE ORGANIZATION MAKES FREE BOARDING SERVICES AVAILABLE TO PET OWNERS WHO ADOPTED FROM THE ORGANIZATION. |
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| IRS990/PYTotalRevenueAmt | 0 | 478797 |
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| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | PART X, LINE 2: COVE ANIMAL RESCUE EVALUATED ITS ACTIVITIES FOR UNCERTAIN TAX POSITIONS AND HAS DETERMINED THAT THERE WERE NO UNCERTAIN TAX POSITIONS FOR 2024. |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE ORGANIZATION DOES NOT HAVE ANY SUB-COMMITTEES. THE BOARD OF DIRECTORS MINUTES ARE RECORDED AT EACH MEETING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE ORGANIZATION DOES NOT HAVE ANY SUB-COMMITTEES. THE BOARD OF DIRECTORS MEETING MINUTES ARE RECORDED AT EVERY MEETING. THE BOARD OF DIRECTORS REVIEW THE 900 AND APPROVE IT BEFORE IT IS SUBMITTED TO THE INTERNAL REVENUE SERVICE |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE BOARD OF DIRECTORS ARE ANNUALLY REQUIRED TO SIGN THE CONFLICTS OF INTEREST POLICY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | FORM 1023 IS AVAILABLE FOR PUBLIC INSPECTION UPON WRITTEN REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC AT THE ORGANIZATION DURING NORMAL BUSINESS HOURS. |
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| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION C, LINE 18 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION C, LINE 19 |
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