Lead Rescue Nfp

Nonprofit profile at a glance

EIN
821427301
IRS 990-EZ coverage
2020–2022
Forms available
Form 990-EZ 2022, Form 990-N 2019
Location
Chicago, IL, USA
Phone
3127252319
Rating
90
Verdict
STRONG
Rating confidence
Moderate
Sector
Animal Protection and Welfare

Reported finances

Revenue
$210
Expenses
$11,580
Assets
$0
Liabilities
$0

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

Leadership & pay

3 people listed

Executive titles in this filing

  • Michelle Kundrat (President)
  • Angela Catania (Vice President)

People named in this filing

  • Michelle Kundrat (President)
  • Nancy Wu (Treasurer)
  • Angela Catania (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 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

LEAD (Love Everything About Dogs) was a volunteer-run, non-profit 501(c)(3) dog rescue devoted to helping animals in need and lowering the euthanasia rates for Chicago area open-access shelters. Our mission was to provide care for rescue dogs that don't have a place to call home. We rehabilitated, fostered, and provided a loving environment to any dog that needs us until a suitable adoptive home is found. LEAD completely shut down in 2022 and redistributed its remaining net assets to other animal welfare organizations.

What it reported doing in 2022

LEAD is an animal welfare organization. We rehabilitate, foster, and provide a loving environment to any dog that needs us until a suitable adoptive home is found. LEAD's program expenses are solely to provide physical and mental care to the animals, including veterinary exams, medical care, and animal care supplies. LEAD collects adoption fees when families adopt a dog, as a way to offset some of the medical expenses.

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. Expenses are high relative to revenue and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 100
  • Sustainability: 8
  • 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; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -5,414.3%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 2; 2nd 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: -62.9% per year; rating input score 0; 6th percentile among comparable filings
  • Revenue growth: -97% per year; rating input score 0; 2nd percentile among comparable filings
  • Asset growth: -89.1% per year; rating input score 0; 2nd 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 · $12K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 3 filing years from 2020 to 2022
  • 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 — Sustainability: Operating margin scored 1/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.