Civic Intelligence

Feral Cat Spayneuter Project

EIN 91-1827152 • 501(c)3 • Lynnwood, WA

Profile

Our mission is to save the lives of homeless cats by providing access to high volume spay/neuter surgery in a safe and humane environment, collaborating with others and mentoring like-minded organizations to increase spay/neuter in their regions.

PO Box 2460Lynnwood, WA 98036

www.feralcatproject.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

57th percentile

0.18x

Higher debt load relative to assets than 57% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

83rd percentile

0.94x

Higher debt load relative to revenue than 83% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

55th percentile

6.7%

Higher net margin than 55% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

82nd percentile

24%

Faster asset growth than 82% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

78th percentile

30%

Faster revenue growth than 78% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Up

$7,846,491

Up $1,509,835 (+24%) from 2023

Liabilities

Up

$1,427,933

Up $1,257,999 (+740%) from 2023

Net Assets

Up

$6,418,558

Up $251,836 (+4.1%) from 2023

Revenue

Up

$1,524,394

Up $351,889 (+30%) from 2023

Expenses

Up

$1,421,508

Up $270,935 (+24%) from 2023

Net Income

Up

$102,886

Up $80,954 (+369%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $747,147Liabilities 2011: $13,437Net Assets 2011: $733,7102011Assets 2012: $707,384Liabilities 2012: $2,144Net Assets 2012: $705,2402012Assets 2013: $660,188Liabilities 2013: $8,793Net Assets 2013: $651,3952013Assets 2014: $515,317Liabilities 2014: $7,534Net Assets 2014: $507,7832014Assets 2015: $4,933,280Liabilities 2015: $19,030Net Assets 2015: $4,914,2502015Assets 2016: $5,371,683Liabilities 2016: $37,916Net Assets 2016: $5,333,7672016Assets 2017: $5,583,989Liabilities 2017: $28,793Net Assets 2017: $5,555,1962017Assets 2018: $4,695,897Liabilities 2018: $37,655Net Assets 2018: $4,658,2422018Assets 2019: $5,499,443Liabilities 2019: $22,214Net Assets 2019: $5,477,2292019Assets 2020: $5,857,365Liabilities 2020: $130,959Net Assets 2020: $5,726,4062020Assets 2021: $6,432,565Liabilities 2021: $37,109Net Assets 2021: $6,395,4562021Assets 2022: $6,090,686Liabilities 2022: $206,014Net Assets 2022: $5,884,6722022Assets 2023: $6,336,656Liabilities 2023: $169,934Net Assets 2023: $6,166,7222023Assets 2024: $7,846,491Liabilities 2024: $1,427,933Net Assets 2024: $6,418,5582024

Highlighted filing

2024

Assets$7,846,491
Liabilities$1,427,933
Net Assets$6,418,558

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $447,122Expenses 2011: $476,671Net Income 2011: -$29,5492011Expenses 2012: $465,9532012Revenue 2013: $448,744Expenses 2013: $495,646Net Income 2013: -$46,9022013Revenue 2014: $299,731Expenses 2014: $446,992Net Income 2014: -$147,2612014Revenue 2015: $2,699,937Expenses 2015: $509,953Net Income 2015: $2,189,9842015Revenue 2016: $629,639Expenses 2016: $534,797Net Income 2016: $94,8422016Revenue 2017: $392,309Expenses 2017: $712,556Net Income 2017: -$320,2472017Revenue 2018: $512,710Expenses 2018: $755,392Net Income 2018: -$242,6822018Revenue 2019: $444,582Expenses 2019: $687,898Net Income 2019: -$243,3162019Revenue 2020: $409,103Expenses 2020: $725,860Net Income 2020: -$316,7572020Revenue 2021: $649,904Expenses 2021: $827,835Net Income 2021: -$177,9312021Revenue 2022: $957,738Expenses 2022: $944,589Net Income 2022: $13,1492022Revenue 2023: $1,172,505Expenses 2023: $1,150,573Net Income 2023: $21,9322023Revenue 2024: $1,524,394Expenses 2024: $1,421,508Net Income 2024: $102,8862024

Highlighted filing

2024

Revenue$1,524,394
Expenses$1,421,508
Net Income$102,886

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$7.85$1.43$6.42$1.52$1.42$0.10
2023Detailed filing. Detailed filing data is available for this year.$6.34$0.17$6.17$1.17$1.15$0.02
2022Detailed filing. Detailed filing data is available for this year.$6.09$0.21$5.88$0.96$0.94$0.01
2021Detailed filing. Detailed filing data is available for this year.$6.43$0.04$6.40$0.65$0.83$0.18
2020Detailed filing. Detailed filing data is available for this year.$5.86$0.13$5.73$0.41$0.73$0.32
2019Detailed filing. Detailed filing data is available for this year.$5.50$0.02$5.48$0.44$0.69$0.24
2018Detailed filing. Detailed filing data is available for this year.$4.70$0.04$4.66$0.51$0.76$0.24
2017Detailed filing. Detailed filing data is available for this year.$5.58$0.03$5.56$0.39$0.71$0.32
2016Detailed filing. Detailed filing data is available for this year.$5.37$0.04$5.33$0.63$0.53$0.09
2015Detailed filing. Detailed filing data is available for this year.$4.93$0.02$4.91$2.70$0.51$2.19
2014Detailed filing. Detailed filing data is available for this year.$0.52$0.01$0.51$0.30$0.45$0.15
2013Detailed filing. Detailed filing data is available for this year.$0.66$0.01$0.65$0.45$0.50$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.71$0.00$0.71$0.47
2011Summary only. Only limited summary data is available for this year.$0.75$0.01$0.73$0.45$0.48$0.03
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.2
Gross Receipts
$1,524,394
Mission and Program Overview

Mission

Our mission is to save the lives of homeless cats by providing access to high volume spay/neuter surgery in a safe and humane environment, collaborating with others and mentoring like-minded organizations to increase spay/neuter in their regions.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$253,005$381,857▲ $128,852
Cash and Non-Interest-Bearing Accounts$120,662$138,241▲ $17,579
Investments in Publicly Traded Securities$96,784$110,275▲ $13,491
Land, Buildings, and Equipment, Net$2,900$94,138▲ $91,238
Prepaid Expenses and Deferred Charges$19,349$35,984▲ $16,635
Accounts Receivable$26,866$15,743▼ $11,123
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Inventories for Sale or Use-$0-
Intangible Assets$-40,068$-56,823▼ $16,755
Total Assets$6,336,656$7,846,491▲ $1,509,835
Other Assets Total$5,857,158$7,127,076▲ $1,269,918
Liabilities
Other Liabilities$124,460$1,330,494▲ $1,206,034
Accounts Payable and Accrued Expenses$45,474$97,439▲ $51,965
Total Liabilities$169,934$1,427,933▲ $1,257,999
Net Assets / Fund Balance
Net Assets With Donor Restrictions$5,768,143$6,092,245▲ $324,102
Net Assets Without Donor Restrictions$398,579$326,313▼ $72,266
Total Net Assets Fund Balance$6,166,722$6,418,558▲ $251,836
Total Liabilities and Net Assets / Fund Balance$6,336,656$7,846,491▲ $1,509,835

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$94,138$3,243$97,381
Equipment-$54,102$54,102
Other Assets Org$1,281,096--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Amy FergusonExecutive DirectorFT$77,675$77,675
Susan WeilFinance ManagerPT$70,633$70,633

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$975,083
Program Service Revenue
$537,328
Investment Income
$11,983
Other Revenue
$0
All Other Contributions
$975,083
Change in Net Assets
$102,886
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$934,100
Other Expenses$487,408
Total Fundraising Expense$201,209
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$462,144$85,170$82,990$630,304
Current Officers, Directors, Trustees, and Key Employees$112,484$20,730$20,199$153,413
Occupancy$97,789$14,927$25,186$137,902
Payroll Taxes$63,206$11,648$11,350$86,204
Other Employee Benefits$59,754$2,547$1,878$64,179
Fees for Services Other$29,681--$29,681
Information Technology$10,120$2,996$12,461$25,577
All Other Expenses$9,443$885$2,780$13,108
Advertising-$69$11,400$11,469
Office Expenses$1,800$2,973$2,031$6,804
Depreciation Depletion$6,143--$6,143
Insurance$3,087$1,376$211$4,674
Other Expenses$3,613$45$55$3,713
Fees for Services Legal-$2,142-$2,142
Fees for Services Accounting-$1,680-$1,680
Fees for Service Investment Mgmnt Fees-$1,016-$1,016
Travel$349$143-$492
Total Functional Expenses$1,071,952$148,347$201,209$1,421,508
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liabilities$1,330,494
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
No
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, Part VI, Section B, Line 11B

The board members are given ample time to review the draft 990 before the 990 is submitted for filing.

Form 990, Part VI, Section B, Line 12C

Board members are required to disclose any conflicts of interest annually as part of the annual slate of board members that are voted in.

Form 990, Part VI, Section B, Line 15A

The board of directors negotiated compensation for the executive director which was filed on march 18th, 2019. The compensation package was determined independently by the board and finalized. Comparability data from united way's wage & benefit survey (wage & benefit survey of king, pierce, and snohomish county nonprofit organizations) were used, in addition to the following factors:- the salary of the previous executive director.- the candidate's experience and qualifications.- compensation policy established in the feral cat spay/neuter project employee handbook, which includes yearly increases.

Form 990, Part VI, Section C, Line 19

All governing documents, policies, and financial statements are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Feral Cat SpayNeuter Project
EIN
91-1827152
Phone
4256732287
Address
PO Box 2460, Lynnwood, WA 98036

Signing Officer

Name
Amy Ferguson
Title
Executive Director
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Amy Ferguson
Formed
1997
Legal Domicile
Wa
Voting Board Members
4
Independent Board Members
4
Employees
29
Volunteers
75

Preparer

Firm
James Russell PLLC
Address
5110 196th St SW Suite 200, Lynnwood, WA 98036
Preparer
Neil H Heineman CPA
Phone
4256728150
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The board members are given ample time to review the draft 990 before the 990 is submitted for filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Board members are required to disclose any conflicts of interest annually as part of the annual slate of board members that are voted in.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS NEGOTIATED COMPENSATION FOR THE EXECUTIVE DIRECTOR WHICH WAS FILED ON MARCH 18TH, 2019. THE COMPENSATION PACKAGE WAS DETERMINED INDEPENDENTLY BY THE BOARD AND FINALIZED. COMPARABILITY DATA FROM UNITED WAY'S WAGE & BENEFIT SURVEY (WAGE & BENEFIT SURVEY OF KING, PIERCE, AND SNOHOMISH COUNTY NONPROFIT ORGANIZATIONS) WERE USED, IN ADDITION TO THE FOLLOWING FACTORS:- THE SALARY OF THE PREVIOUS EXECUTIVE DIRECTOR.- THE CANDIDATE'S EXPERIENCE AND QUALIFICATIONS.- COMPENSATION POLICY ESTABLISHED IN THE FERAL CAT SPAY/NEUTER PROJECT EMPLOYEE HANDBOOK, WHICH INCLUDES YEARLY INCREASES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3All governing documents, policies, and financial statements are made available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
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