Labrador Friends of The South Inc
Nonprofit profile at a glance
- EIN
- 204030660
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2022
- Location
- Dahlonega, GA, USA
- Phone
- 7706163834
- Rating
- 89
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Animal Protection and Welfare
Reported finances
- Revenue
- $100,838
- Expenses
- $94,726
- Assets
- $16,254
- Liabilities
- $11,237
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- JENNY JOYCE (President)
- TRACY HOWK (Vice President)
People named in this filing
- JENNY JOYCE (President)
- TRACY HOWK (Vice President)
- CHRISTINA RICHARDSON (Treasurer)
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
Labrador Friends of the South (LFS) an incorporated, non-profit organization, is dedicated to the rescue and placement of homeless Labrador Retrievers. We also promote the educational aspects of rescue within our communities as it relates to the ethical treatment of dogs and the importance of spaying/neutering to reduce the numbers of unwanted animals. Based in Metro Atlanta, we are active in the entire Southeastern region including Alabama, Florida, Tennessee and the Carolinas.
What it reported doing in 2024
Labrador friends rescued 95 dogs during 2023 and placed 59 in permanent homes. Each rescued dog received vetrinary care, temperment testing and a microchip was installed prior to placement. Additionally, the organization published a monthly newsletter containing valuable educational materials relating the care and nuture of labrador retrievers.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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 total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 99
- Transparency & Controls: 82
- Sustainability: 37
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 97.5%; rating input score 98
- 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: Limited
Sustainability
- Operating margin: 6.1%; rating input score 50; 50th percentile among comparable filings
- Total-asset coverage ratio: 0.17; rating input score 17; 17th percentile among comparable filings
- Liabilities to assets ratio: 0.69; rating input score 8; 8th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 3.7% per year; rating input score 100; 42nd percentile among comparable filings
- Revenue growth: 4.6% per year; rating input score 100; 46th percentile among comparable filings
- Asset growth: 6.5% per year; rating input score 100; 50th percentile among comparable filings
Details
- Where the money goes: 97.5% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $98K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 6 of 7 current checks pass · 1 finding to review
- Schedules: 2 filed schedules
- Filing history: 5 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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 — Transparency & Controls: Part III program expenses within total did not reconcile in the filed values.
- High — Sustainability: Total-asset coverage ratio scored 17/100.
- Review — Sustainability: Operating margin scored 50/100.
- High — Sustainability: Liabilities to assets ratio scored 8/100.