Golden Retriever Reproduction Bank Inc

Nonprofit profile at a glance

EIN
881283687
IRS 990-EZ coverage
2022–2022
Forms available
Form 990-EZ 2022
Location
Custer, WI, USA
Phone
7154984618
Rating
64
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$50,616
Expenses
$2,489
Assets
$48,127

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • SUE SCHWARZ (PRESIDENT)

People named in this filing

  • SUE SCHWARZ (PRESIDENT)
  • ANGELA MCLEAN (VICE PRESIDE)
  • LINDA WILLARD (SECRETARY)

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 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission and purpose of the golden retriever reproduction bank, inc. Is to provide educational resources and scientific research related to safeguarding the viability, continued existence and genetic diversity of the golden retriever canine breed, by way of collection, storage and distribution of reproductive material from golden retrievers to other golden retriever breeders. The organization is authorized to form partnerships with university and research facilities on the continuation and genetic diversity of the breed will be shared as the reproduction bank functions to provide a source of reproductive material for breeders in the future in furtherance of its purpose.

What it reported doing in 2022

2022 accomplishments: set-up organization (incorporation, development of internal forms, designation of officers, worked on logo, mission statement, outline of future website, discussions of storage facilities and gathering information, application for EIN and tax-exempt status), applied for financial support from golden retriever club of america, inc. 2023 goals: obtain IRS determination letter, advertisement of mission, arrange for storage of future donations, website goes live.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 40
  • Transparency & Controls: 100
  • Sustainability: 81
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 4.8%; rating input score 5
  • Program expense ratio: 98.3%; rating input score 98

Transparency & Controls

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

Sustainability

  • Operating margin: 95.1%; rating input score 99; 99th percentile among comparable filings
  • Total-asset coverage ratio: 19.34; rating input score 95; 95th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 4.8% of revenue deployed · 98.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $2K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 3 filed schedules
  • Contacts: How to reach this organization
  • 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.

  • High — Financial Efficiency: Mission deployment rate scored 5/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.