Independent Animal Rescue Inc

Nonprofit profile at a glance

EIN
561951483
IRS 990 coverage
2011–2024
Forms available
Form 990 2024
Location
Durham, NC, USA
Phone
6464571021
Rating
77
Verdict
SUPPORTED
Rating confidence
Standard
Sector
Animal Protection and Welfare

Official website

Reported finances

Revenue
$1,316,760
Expenses
$512,051
Assets
$3,065,879
Liabilities
$23,015

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

Leadership & pay

7 people listed

Executive titles in this filing

  • Alan Dow (President)
  • Sarah Carroll (Vice President)

People named in this filing

  • Mary Dow (Director)
  • Betty Nicholson (Director)
  • Alan Dow (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. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

IAR rescues, cares for and finds homes for abandoned and abused animals in central North Carolina, promotes spaying/neutering of companion animals, reduces pet overpopulation by spaying/neutering feral cats and educates children in animal welfare.

What it reported doing in 2024

Nearly 700 cats and dogs were placed in foster homes, a similar number to previous years. Over 2,200 feral cats from 29 counties were spayed/neutered and vaccinated, a significant increase from previous years and a record number for IAR. Although our Community Spay and Neuter Program (CSNP) had to be suspended due to a lack of mobile clinic availability, we were able to help 34 owned pets receive needed veterinary care through our Owned Animal Program.

Operating model

Revenue model
Donor-supported. 79% 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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 51
  • Transparency & Controls: 100
  • Accountability: 88
  • Sustainability: 88
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 35.8%; rating input score 36
  • Program expense ratio: 74.5%; rating input score 74
  • Fundraising efficiency: $16.54 raised per $1 spent on fundraising; rating input score 53; 53rd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 61.1%; rating input score 95; 95th percentile among comparable filings
  • Total-asset coverage ratio: 5.99; rating input score 87; 87th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 71; 71st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: 4.4% per year; rating input score 100; 39th percentile among comparable filings
  • Revenue growth: 12.9% per year; rating input score 100; 74th percentile among comparable filings
  • Asset growth: 20.5% per year; rating input score 100; 82nd percentile among comparable filings

Details

  • Where the money goes: 35.8% of revenue deployed · 74.5% of spending went to programs
  • Governance: 7 of 7 board members independent · 5 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $381K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 25 of 25 current checks pass
  • Schedules: 6 filed schedules · includes major donors
  • Filing history: 12 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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 — Financial Efficiency: Mission deployment rate scored 36/100.
  • Review — Financial Efficiency: Fundraising efficiency scored 53/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.