Inky Blue Sea Companion Animal Rescue

Nonprofit profile at a glance

EIN
274725295
IRS 990-EZ coverage
2019–2024
Forms available
Form 990-EZ 2024, Form 990-N 2018
Location
New York, NY, USA
Phone
9176885633
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Animal Protection and Welfare

Official website

Reported finances

Revenue
$111,321
Expenses
$111,321
Assets
$13,651
Liabilities
$0

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

Leadership & pay

5 people listed

Executive titles in this filing

  • William Divney (Executive Director)
  • Delilah Cotto (Vice President & Spokesperson)

People named in this filing

  • William Divney (Executive Director)
  • Neil Coppola (Treasurer and Board Chairman)
  • Delilah Cotto (Vice President & Spokesperson)

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

We rescue and find homes for cats, dogs, small mammals, and reptiles in New York, New Jersey and the island of Puerto Rico.

What it reported doing in 2024

Animal Rescue & Adoptions- Puerto Rico to NYC. We work partnership with several prominent animal rescue foundations and shelters in San Juan, Puerto Rico to rescue, provide veterinary care, and transport homeless cats and dogs from the island to NYC where we help them find permanent homes. Our organization was founded with the goal of rescuing animals in Puerto Rico, and it remains a central part of our mission. The Puerto Rican pet overpopulation crisis is a major concern, with over 100,000 dogs and cats purportedly born on the island every year. Sadly, many of these animals do not survive due to overcrowded shelters, euthanasia, disease, starvation, and many other perils. To help address this issue, we believe that government municipalities should allow organizations like the ASPCA and HSUS to help spay and neuter animals aggressively. Additionally, community and government support for animal welfare on the island would make a huge impact in ameliorating this problem. We are committed to continuing our work rescuing and rehoming dogs and cats from Puerto Rico until more progress on the island is made.

Operating model

Revenue model
Earned-program. 78% of the money available for current operations came from fees and other program revenue.
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. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 88
  • Transparency & Controls: 82
  • Sustainability: 31
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 88.2%; rating input score 88
  • Program expense ratio: 88.2%; rating input score 88

Transparency & Controls

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

Sustainability

  • Operating margin: 0%; rating input score 33; 33rd percentile among comparable filings
  • Total-asset coverage ratio: 0.12; rating input score 13; 13th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 9.9%; rating input score 21; 21st percentile among comparable filings

Growth

  • Program expense growth: 3.9% per year; rating input score 100; 43rd percentile among comparable filings
  • Revenue growth: 1.6% per year; rating input score 100; 29th percentile among comparable filings
  • Asset growth: -4.6% per year; rating input score 0; 17th percentile among comparable filings

Details

  • Where the money goes: 88.2% of revenue deployed · 88.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $98K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 6 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: Filed and resolved organization relationships.
  • 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 — Sustainability: Operating margin scored 33/100.
  • High — Sustainability: Total-asset coverage ratio scored 13/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 21/100.