American Ferret Association Inc

Nonprofit profile at a glance

EIN
521718033
IRS 990-EZ coverage
2021–2025
Forms available
Form 990-EZ 2025
Location
Frederick, MD, USA
Phone
8883377387
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Other Services - Specialty Animals

Reported finances

Revenue
$29,957
Expenses
$23,475
Assets
$199,898
Liabilities
$2,050

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • Bonnie Russell (Vice-President)

People named in this filing

  • Bonnie Russell (Vice-President)
  • Sally Heber (Treasurer and Governing Board)
  • Patty Fazon (Newsletter Editor and Governing Board)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Public education on ferrets

What it reported doing in 2025

Support conservation of the endangered Black Footed Ferret, develop and maintain a Ferret Shelter Fund. Develop a ferret related product line. Maintain a Medical Research Grant Fund.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filed totals do not add up and liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 88
  • Transparency & Controls: 82
  • Sustainability: 70
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 80.1%; rating input score 80
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 21.6%; rating input score 73; 73rd percentile among comparable filings
  • Total-asset coverage ratio: 8.52; rating input score 90; 90th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 25; 25th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 4% per year; rating input score 100; 58th percentile among comparable filings
  • Revenue growth: 2.2% per year; rating input score 100; 59th percentile among comparable filings
  • Asset growth: 5.6% per year; rating input score 100; 58th percentile among comparable filings

Details

  • Where the money goes: 80.1% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $24K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 8 of 9 current checks pass · 1 finding to review
  • Schedules: 2 filed schedules
  • Filing history: 5 filing years from 2021 to 2025
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Transparency & Controls: Part III program expenses within total did not reconcile in the filed values.
  • High — Sustainability: Liabilities to assets ratio scored 25/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.