Ibkc Inc

Nonprofit profile at a glance

EIN
471940047
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024, Form 990-N 2020
Location
Charleston, WV, USA
Phone
3045468842
Rating
91
Verdict
STRONG
Rating confidence
Moderate
Sector
Animal Protection and Welfare

Reported finances

Revenue
$68,941
Expenses
$69,964
Assets
$2,948
Liabilities
$2,410

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • LAUREN HEADLEY (PRESIDENT)
  • RACHEL BURGESS (VICE PRESIDENT)

People named in this filing

  • LAUREN HEADLEY (PRESIDENT)
  • DEBBIE KNIGHT (TREASURER)
  • RACHEL BURGESS (VICE PRESIDENT)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our mission is to help kittens and cats find loving homes. We take the cats and kittens who would otherwise have no chance at life, the severly injured and/or ill. We work closely with our veterinarians to treat and rehabilitate these kitties and to make sure that they are healthy and healed so that they may find their forever and loving homes. Our mission is possible through community support and fosters for our kitties.

What it reported doing in 2024

During 2024 we fostered and cared for abandoned, injured and homeless kittens and cats. During 2024 we saved a kitten with a broken femur and head trauma, treated a degloved jaw (possibly thrown out of a car) several momma cats with newborn litters, treated panleuk kittens, donated to help owners with emergency vet bills (paid directly to vet) which allows the owners to keep their precious felines instead of surrendering them, also assisting owners with free spay/neuter/rabies with our first ever grant from the state of wv. All of this along with approximately 200+ homeless cats/kittens. The most significant cost wsa the veterinary costs which were $58,875.

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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 100
  • Sustainability: 29
  • Growth: 0

Detailed rating inputs

Financial Efficiency

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

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -1.5%; rating input score 41; 41st percentile among comparable filings
  • Total-asset coverage ratio: 0.04; rating input score 8; 8th percentile among comparable filings
  • Liabilities to assets ratio: 0.82; rating input score 6; 6th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -10.4% per year; rating input score 0; 27th percentile among comparable filings
  • Revenue growth: -9.6% per year; rating input score 0; 25th percentile among comparable filings
  • Asset growth: -17.3% per year; rating input score 0; 11th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $70K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • 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.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 41/100.
  • High — Sustainability: Total-asset coverage ratio scored 8/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 6/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.